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Crystal Oscillator Market Trends

  • Report ID: GMI7641
  • Published Date: Dec 2023
  • Report Format: PDF

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.

Authors: Suraj Gujar, Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

Market size for crystal oscillator crossed USD 2.5 billion in 2023 and is expected to register over 2% CAGR from 2024-2032 due to the growing trend of smaller & more compact electronic devices worldwide.

The SC cut segment held over 30% share of the crystal oscillator industry in 2023 and is expected to register a commendable CAGR from 2024-2032 owing to their low sensitivity to mechanical & thermal stress to cater to vivid applications in high temperatures.

North America held over 30% share of the crystal oscillator industry in 2023 and is expected to register commendable CAGR from 2024-2032 due to rising government efforts to foster technological innovation and rising research & development expenditures in the region.

Daishinku Corp., Kyocera Corporation, Microchip Technology Inc., Murata Manufacturing Co. Ltd, Nihon Dempa Kogyo (NDK) Co. Ltd, Seiko Epson Corporation, and TXC Corporation are some of the crystal oscillator companies worldwide.

Crystal Oscillator Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 362
  • Countries covered: 21
  • Pages: 220
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