Crystal Oscillator Market with COVID-19 Impact Analysis by General Circuity, Crystal Cut, Mounting Scheme Application, Geography - Global Forecast to 2025
The crystal oscillator market size is projected to reach USD 3.1 billion by 2025 from an estimated USD 2.8 billion in 2020, at a CAGR of 2.1% from 2020 to 2025. The growing demand for crystal oscillators from consumer electronics is among the factors driving the growth of the crystal oscillator market.
TCXO is projected to register the highest CAGR from 2020 to 2025. The TCXO segment of the crystal oscillator market is projected to grow at the highest CAGR from 2020 to 2025.The growth of this segment can be attributed to the advantages offered by TCXO in terms of their cost-effectiveness, performance, and temperature compensating properties.
These oscillators are used to maintain frequency in varied temperatures in consumer electronics applications. Others segment of crystal cut to register highest CAGR from 2020-2025 The others segment is projected to grow at the highest CAGR during the forecast period.The growth of this segment can be attributed to the precision and accuracy, as well as the ability to withstand challenging environments.
The oscillators considered in this category are used in applications such as space navigation systems, military communication, telecom and networking, and aerospace.
Based on application, consumer electronics segment held the major share of crystal oscillator market.
The consumer electronics segment is projected to grow at the highest CAGR during the forecast period.The increase in technological advancements in consumer electronics devices to make devices user friendly and enhance their performance is expected to fuel the growth of this segment.
Crystal oscillators are used for frequency synchronization and frequency conversion.
In-depth interviews have been conducted with chief executive officers (CEOs), marketing managers, and other executives from various key organizations operating in the crystal oscillators marketplace. • By Company Type: Tier 1 – 25%, Tier 2 – 35%, and Tier 3 – 40% • By Designation: C-Level Executives – 35%, Managers – 25%, and Others – 40% • By Region: Americas – 25%, Europe – 42%, APAC – 21%, and RoW – 12%
Seiko Epson Corporation (Japan), Nihon Dempa Kogyo Co., Ltd. (Japan), TXC Corporation (Taiwan), KYOCERA Crystal Device Corporation (Japan), Daishinku Corp. (Japan), Microchip Technology Inc. (US), Murata Manufacturing Co., Ltd. (Japan), Hosonic Electronic Co., Ltd. (Taiwan), SiTime Corporation (US), and Siward Crystal Technology Co., Ltd. (Taiwan), are some of the key players in the crystal oscillator market.
The study includes an in-depth competitive analysis of these key players in the crystal oscillator market, with their company profiles, recent developments, and key market strategies.
Research Coverage The report defines, describes, and forecasts the crystal oscillator market based on general circuitry, crystal cut, mounting scheme, application, and region.It provides detailed information regarding factors such as drivers, restraints, opportunities, and challenges influencing the growth of the crystal oscillator market.
It also analyzes product launches and developments carried out by the key players to grow in the market.
Key Benefits of Buying the Report This report will help market leaders/new entrants in this industry with information on the closest approximations of the revenue numbers for the overall crystal oscillator market and the subsegments.The report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies.
The report will also help stakeholders to understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities.
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