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MEMS Oscillator Market Size

  • Report ID: GMI11943
  • Published Date: Oct 2024
  • Report Format: PDF

MEMS Oscillator Market Size

The global MEMS oscillator market size was valued at USD 515.1 million in 2023 and is anticipated to grow at a CAGR of 10.8% between 2024 and 2032. The demand for high-stability oscillators in space applications is a key growth driver for the market. In critical sectors like satellite communications, especially for GEO telecommunication satellites, precision and reliability are paramount.

 

MEMS oscillators with superior frequency stability and low phase noise, like those introduced by Rakon, are increasingly required to ensure accurate signal transmission in these high-stakes environments. As space exploration and satellite technologies advance, the need for highly stable and reliable timing solutions continues to rise. This drives the adoption of MEMS oscillators designed specifically to meet the rigorous demands of space applications, fueling market growth. For instance, in November 2022, Rakon introduced equipment for Hi-Rel Space Master Reference Oscillators with 100ppb frequency stability for GEO telecommunication satellites, where accuracy, frequency stability, and extremely low phase noise are critical. The equipment is based on a 3:1 redundancy architecture, with output frequencies ranging from 5 to 200 MHz.
 

Authors: Suraj Gujar, Rutvij Kshirsagar

Frequently Asked Questions (FAQ) :

The global MEMS oscillator industry was valued at USD 515.1 million in 2023 and is projected to grow at a 10.8% CAGR from 2024 to 2032, driven by the demand for high-stability oscillators in space applications.

The temperature compensated oscillator (TCXO) segment is expected to reach USD 492 billion by 2032, owing to its superior frequency stability across a wide temperature range.

North America accounted for 30% of the global MEMS oscillator industry in 2023, driven by advancements in telecommunications, automotive, aerospace, and defense sectors.

Key players in the MEMS oscillator industry include SiTime Corporation, Microchip Technology, TXC Corporation, Abracon LLC, Rakon Limited, Daishinku Corp. (KDS), and Epson.

MEMS Oscillator Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 21
  • Tables & Figures: 437
  • Countries covered: 19
  • Pages: 184
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