Crystal Oscillator Market - By Type, By Cut (AT, BT, SC, CT), By Frequency (Low, Medium, High), By End Use (Consumer Electronics, Telecommunications, Automotive, Industrial, Aerospace & Defense) & Forecast, 2024-2032

Crystal Oscillator Market Size

Crystal Oscillator Market was valued at over USD 2.5 billion in 2023 and is anticipated to grow at a CAGR of over 2% between 2024 and 2032. The growing trend toward smaller & more compact electronic devices has increased the need for tiny crystal oscillators. Smaller-sized (miniature) crystal oscillators meet the changing needs of contemporary, space-constrained electronic systems, such as wearables, IoT devices, and portable gadgets, by providing accurate time in a small package.
 

For instance, in June 2022, Euroquartz launched a new range of miniature surface mount Temperature-compensated Crystal Oscillators (TCXO) offering frequency stability of ±2.5ppm. The new EM211T series offers frequencies from 10 to 60MHz with CMOS outputs in a miniature 2.0 x 1.36 x 0.7mm SMD package. The new EM211T series oscillators are ideal for use in a wide range of applications where high accuracy is important with the miniature package making these TCXOs particularly suitable for embedded systems.
 

A crystal oscillator is an electronic device that generates precise and stable electrical frequencies through the mechanical vibrations of a quartz crystal. Widely used in electronic circuits, these oscillators provide accurate timing for various applications including telecommunications, consumer electronics, and industrial systems, ensuring synchronization & reliability in electronic devices.

The crystal oscillator market strongly relies on a few vendors, which may disrupt the supply chain, thereby impacting both manufacturing & delivery. Disruptions can have a big impact on crystal oscillator availability and price such as shortages or production delays from important suppliers. This risk emphasizes how crucial it is to diversify the supplier base and create plans to reduce any potential interruptions in the intricately linked semiconductor sector.
 

COVID-19 Impact

The COVID-19 pandemic affected the crystal oscillator market in various ways. The global manufacturing and supply chain disruptions presented difficulties, but the market was buoyed by the growing demand for electronics, particularly in the healthcare & remote work sectors. Uncertainties were brought about by the changes in demand, manufacturing closures, and supply chain restrictions. Though there were some operational difficulties, the increased use of electronic devices during lockdowns had a beneficial impact on the market and highlighted their adaptability & resilience in unusual situations.
 

Crystal Oscillator Market Trends

The trend toward smaller electronic devices is driving a surge in the demand for miniaturization in the crystal oscillator industry. Oscillators based on Micro-Electro-Mechanical Systems (MEMS) are becoming more popular owing to their compact design and low power consumption. Furthermore, the market is becoming more innovative & adaptable owing to the increased focus on high-frequency applications, particularly in 5G, automotive radar systems, and high-speed communication.
 

FCXOs are increasingly being used in precision applications such as radio communication systems. Customizable and programmable crystal oscillators that adapt to individual application needs are a market trend. The emergence of SiMEMS technology is noteworthy, as it provides advances. Furthermore, the demand for tiny devices is driving crystal oscillator miniaturization, notably in wearables, IoT, and mobile applications. These developments represent the industry's emphasis on accuracy, adaptability, and technical innovation.
 

Crystal Oscillator Market Analysis

Based on cut, the market is segmented into AT, BT, SC, CT, and others. The SC segment dominated the market in 2023 with a market share of over 30%.
 

• SC cut has a frequency range of 500 kH to 3,200 MHz, is vulnerable to counterfeit resonances, and is less sensitive to mechanical & thermal stress. As a result, SC cut is usually used in places with high temperatures.
   
• SC cuts are also less sensitive to aging characteristics, allowing electrical device manufacturers to supply better & more efficient solutions. These factors will drive growth in the SC cut category.

Based on type, the market is segmented into XO - Clock Oscillator, VCXO - Voltage Controlled Crystal Oscillator, TCXO - Temperature Compensated Crystal Oscillator, VCTCXO - Voltage Controlled Temperature Compensated Crystal Oscillator, and OCXO - Oven Controlled Crystal Oscillator. The VCXO - Voltage Controlled Crystal Oscillator segment is anticipated to register a CAGR of over 1.5% through 2032.
 

• VCXOs are predicted to expand in the market due to their versatility and applicability in a variety of sectors. VCXOs fine-tune the output frequency by altering the control voltage, making them suitable for applications requiring precise frequency control & stability.
   
• The increasing demand for frequency agility in communication systems, including wireless networks and telecommunications, drives the adoption of VCXOs, contributing to their expected growth in the crystal oscillator industry.

North America dominated the global crystal oscillator market with a share of over 30% in 2023. North America's proven leadership in the aerospace industry is expected to fuel the regional semiconductor market growth. The expansion is further facilitated by government efforts that foster technological innovation and rising research & development expenditures. Furthermore, the strong presence of defense contractors and aerospace manufacturers is also fueling the market for state-of-the-art semiconductor technologies. Owing to its focus on sophisticated automation, defense applications, and aviation safety, North America is positioned to become a major hub for semiconductor growth in the rapidly expanding aircraft business.
 

Crystal Oscillator Market Share

Players operating in the crystal oscillator industry focus on implementing different growth strategies to strengthen their offerings and expand their market reach. These strategies involve new product developments & launches, partnerships & collaborations, mergers & acquisitions, and customer retention. These players also heavily invest in research & development to introduce innovative and technologically advanced solutions in the market.
 

Crystal Oscillator Market Companies

Some of the major players operating in the crystal oscillator industry are:

• Daishinku Corp.
• Kyocera Corporation
• Microchip Technology Inc.
• Murata Manufacturing Co. Ltd
• Nihon Dempa Kogyo (NDK) Co. Ltd
• Seiko Epson Corporation
• TXC Corporation  
   

Crystal Oscillator Industry News

• In August 2022, Rakon launched the RPT7050LG, a low g-sensitivity TCXO with excellent stability in a 7.0 x 5.0 x 1.5 mm package size. With a sensitivity of ≤0.1 ppb/g, it is currently the most advanced compact low g-sensitivity TCXO on the market.
   
• In June 2022, Q-Tech Corporation launched the QTCC353 Series of miniature SMD crystal oscillators designed to provide superior performance over MEMS devices in a wide range of non-space military, communications, instrumentation, and avionics applications. The QTCC353 Series is offered with HCMOS or LVPECL/LVDS logic outputs and a selection of DC input voltages.

The crystal oscillator market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Million) from 2018 to 2032, for the following segments:

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Market, By Type

• XO - Clock Oscillators
• VCXO - Voltage Controlled Crystal Oscillator
• TCXO - Temperature Compensated Crystal Oscillator
• VCTCXO - Voltage Controlled Temperature Compensated Crystal Oscillator
• OCXO - Oven Controlled Crystal Oscillator

Market, By Cut

• AT
• BT
• SC
• CT
• Others

Market, By Frequency

• Low
• Medium
• High

Market, By End Use

• Consumer Electronics
• Telecommunications
• Automotive
• Industrial
• Aerospace & Defense
   

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • ANZ
  • Singapore
  • Rest of Asia Pacific 
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America 
• MEA
  • UAE
  • Saudi Arabia
  • South Africa
  • Rest of MEA