Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 4.69 Billion | USD 7.00 Billion | 4.1% | 2023 |
Zion Market Research has published a report on the global Crystal Oscillators Market, estimating its value at USD 4.69 Billion in 2023, with projections indicating that it will reach USD 7.00 Billion by 2032. The market is expected to expand at a compound annual growth rate (CAGR) of 4.1% over the forecast period 2024-2032. The report explores the factors fueling market growth, the hitches that could hamper this expansion, and the opportunities that may arise in the Crystal Oscillators Market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
Crystal oscillators are categorized by the amalgamation of an electromechanical resonator, prepared of piezoelectric mono-crystalline silicon dioxide, by means of an electronic circuits. The resonator is particularly designed to attain a precise steady motorized resonant frequency ωm. Specifically, its temperature steadiness is three to five orders of degree superior to that of combined automated oscillators. The part of the electronic portion of the oscillator is partial to supporting the fluctuation of the resonator at a passable amplitude. Power minimization is an additional utmost significant topic for transportable time-keeping and telecommunication uses.
The key players in the market are focusing upon product differentiations coupled with establishment of major partnership & collaboration. The strong presence of major electronics manufacturers such as Samsung, LG in China, Japan and South Korea will maintain the strategic business units of the producers in nearby area.
A crystal oscillator is an electronic oscillator that makes use of crystal as a frequency selective element to obtain an inverse piezoelectric effect. It makes use of the mechanical resonance of the vibrating crystal, which has piezoelectric properties, in order to obtain an electric signal with a high-precision frequency. This frequency is commonly used to keep track of time, to provide a stable clock signal for digital integrated circuits and to stabilize frequencies for radio transmitters and receivers. Quartz crystals are manufactured for frequencies from a few tens of kilohertz to tens of megahertz. Most are used for consumer devices such as wristwatches, clocks, radios, computers and cell phones. Quartz crystals are also found inside test and measurement equipment such as counters, signal generators and oscilloscopes.
Global crystal oscillators market is expected to foresee gains owing to increasing application of quartz-based consumer electronic products including clocks, radios, and computers. Crystal oscillators have emerged as highest growing market across different industry verticals. Crystal Oscillator has application in smartphone and tablet industry, where the manufacturers used oscillator mediums including TCXOs, VCXOs, SPXOs and OCXOs on a large scale. Growth demand for smartphones and tablets in emerging markets of China and India in light of new product launches by various companies is expected to promote the usage of oscillator product forms.
The global crystal oscillators market is likely to foresee gains due to rising application of quartz-supported user electronic goods comprising radios, clocks, and computers. Crystal oscillators market has surfaced as highest developing market all over various sectors. Crystal oscillators have application in the tablet and smartphone sector, where the makers employ oscillator mediums comprising VCXOs, TCXOs, OCXOs, and SPXOs on a huge scale, boosting the development of crystal oscillators market. For example, in September 2017, Nihon Dempa Kogyo Co., Ltd. designed the NT1210AA. It was the smallest size low-power-consumption TCXO in the world, thereby boosting the crystal oscillators market. Increasing demand for tablets and smartphones in emerging nations such as India and China in light of new product rollouts by players is likely to enhance the development of crystal oscillators market.
Report Attributes | Report Details |
---|---|
Report Name | Crystal Oscillators Market |
Market Size in 2023 | USD 4.69 Billion |
Market Forecast in 2032 | USD 7.00 Billion |
Growth Rate | CAGR of 4.1% |
Number of Pages | 140 |
Key Companies Covered | TXC CORPORATION, Hosonic Electronic Co Ltd.., KYOCERA Crystal Device Corporation., Seiko Epson Corp., Nihon Dempa Kogyo Co., Murata Manufacturing, Daishinku Corporation (KDS), and Arkema SA among others |
Segments Covered | By Product Type, By Application, And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Crystal Oscillators market has been segmented on the basis of General Circuitry, Crystal Cut, Application, Mounting Scheme, and region. On the basis of Application, segment market is classified into Telecom & Networking, Consumer Electronics, and Military & Aerospace, Research & Measurement, Industrial, Automotive, and Medical Equipment. Military & Aerospace segment is anticipated to grow owing increasing expansion of business opportunity in electric mobility sector.
On the basis of General Circuitry the market is segmented into TCXO, SPXO, FCXO, VCXO, and OCXO. TCXO section grabbed the biggest market share owing to a huge requirement from networking & telecom sector.
On the basis of Crystal Cuts, the market is further divided into base coat, clear coat, a BT coat and AT. SC is likely to grow over the forecast period owing to its lesser sensitivity to mechanical and thermal stress.
The Mounting Scheme type segment is classified into Surface Mount Mounting Scheme and Thru-Hole. Surface Mounting Scheme segment is projected to owing to its variant features.
Asia Pacific was the most eye-catching region for crystal oscillators market in 2023. It added up to over 30% share of the complete market and additionally, it is likely to witness noteworthy development in the years to come. This is majorly credited to different established consumer electronics and crystal oscillator manufacturing firms. In addition to this, this can also be credited to the expansion of a telecommunication network in Thailand, China, India, South Korea, Malaysia, and other developing nations.
Based on regional segmentation, Asia Pacific was the most attractive market for crystal oscillators in 2023. It accounted for more than 30% share of the entire market and further it is expected to witness significant growth in the near future. This is mainly attributed to several established crystal oscillator manufacturing and consumer electronics companies. Moreover, this can also be attributed to the extension of telecommunication network in China, Thailand, Malaysia, South Korea, India, and other developing countries. North America and Europe are also expected to be leading markets for crystal oscillators during the forecast period.
By General Circuitry
By Crystal Cut
By Application
By Mounting Scheme
By Region
FrequentlyAsked Questions
The global Crystal Oscillators Market was valued at US$ 4.69 Billion in 2023.
The global Crystal Oscillators Market is expected to reach US$ 7.00 Billion by 2032, growing at a CAGR of about 4.1% from 2024 to 2032.
Some of the key factors driving the global Crystal Oscillators Market growth are increase in Automobile production and rising demand innovative and eco-friendly Crystal Oscillators.
Asia Pacific region held a substantial share of the Crystal Oscillators Market in 2023. This is attributable to rising middle-class population, improve living standards, shifting consumers preferences, rising economy and growing demand for the luxurious vehicle.
Some of the major companies operating in Crystal Oscillators Market are TXC CORPORATION, Hosonic Electronic Co Ltd.., KYOCERA Crystal Device Corporation., Seiko Epson Corp., Nihon Dempa Kogyo Co., Murata Manufacturing, Daishinku Corporation (KDS), and Arkema SA among others.
RelatedNews
HappyClients
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed