Crystal Oscillator Market to reach USD 2.58 bn by 2030, emerging at a CAGR of 2.3 percent and forecast 2023-2030

The Crystal Oscillator market estimated at USD 2.15 Billion in the year 2022, is projected to reach a revised size of USD 2.58 Billion by 2030, growing at a CAGR of 2.3% over the analysis period 2023-2030.

Market Overview:

A crystal oscillator makes application of a crystal as a frequency-selective element for acquiring an inverse magnetostrictive effect. It makes use of the mechanical plangency of the vibrating crystal that has magnetostrictive characteristics to create an electric signal with a high-precision frequency.

Oscillators are circuits that are electrically based and utilized to create an electrical signal of a specific frequency by applying the vibrating crystal's (piezoelectric material) mechanical resonance. There are various types of piezoelectric resonators, but, especially, quartz crystal is utilized in these kinds of oscillators.

These oscillator electronic circuits are known as crystal oscillators. The growing demand for convenience is turning the usage of wireless interconnections, for example, remote keyless entry.

Crystal devices are quartz crystal units and crystal oscillators, that have much solidity at odds with environmental conditions. Thus, they are rapidly utilized as frequency management devices in electronic circuits.

Top Key Players in the Crystal Oscillator Market:

Murata Manufacturing Co. Ltd, Seiko Epson Corp., Kyocera Corporation, Rakon Ltd, Vectron International Inc., TXC Corporation, SiTime Corporation, Daishinku Corp., Siward Crystal Technology Co.

Ltd, Nihon Dempa Kogyo (NDK) Co. Ltd., and Other Major Players.

Request a Free Sample Copy or View Report Summary:

introspectivemarketresearch.com/request/15821

Market Dynamics and Factors for the Crystal Oscillator Market:

Drivers:

Growing 5G Adoption Across the World

Over the coming years, countries across the world are expected to adopt 5G technology, further influencing the demand for 5G-enabled devices, such as smartphones, network devices, network infrastructure, and IoT devices across industries that are expected to incorporate such solutions. 5G is expected to drive the demand for crystal oscillators significantly over the coming years due to the number of new devices that are expected to enter the market that incorporate crystal oscillators.

According to TXC Corp., 5G is infrastructure, and devices, such as network infrastructure, Wi-Fi, 5G smartphones, and IoT, are expected to incorporate 10-100 pcs, 1-2 pcs, 5- 10 pcs, and 2-6 pcs of crystal oscillators, respectively.

Opportunities:

Military and Defence Industry to Create Profitable Opportunities

The demand for advanced automotive vehicles is produced by global initiatives such as the Paris Agreement. Various nations are enacting stringent emission controls on the latest vehicle models.

Owing to this, manufacturers have started to expand their business into the electric mobility industry. Every third new car sold is expected to be accelerated or supported by an electric battery by 2025.

Over the upcoming years, mobility services and autonomous vehicles are set to muddle up yet another revolution in the auto sector. China is expected to lead the market by 2040, with projected autonomous vehicle sales of 14.5 million units.

Request a Free Sample Copy or View Report Summary:

introspectivemarketresearch.com/request/15821

Segmentation Analysis of the Crystal Oscillator Market:

By Type, A Temperature Compensated Crystal Oscillator (TCXO) is designed to operate in high-temperature environments. As long as, the oscillation frequency of a regular crystal oscillator fluctuates with rising temperature, the resultant is an unstable oscillation frequency.

• Temperature Compensated Crystal Oscillator (TCXO)
• Simple Packaged Crystal Oscillator (SPXO)
• Voltage-Controlled Crystal Oscillator (VCXO)
• Frequency-Controlled Crystal Oscillator (FCXO)
• Oven-Controlled Crystal Oscillator (OCXO)
• Other

By Mounting Type, surface mount held the major share, with 64.4%, in 2020. The segment is also expected to record the highest growth rate in the projected period.

The oscillators which are surface-mount crystals suffer lower material and manufacturing costs and imply a simple production process.

• Surface Mount
• Thru-Hole

Regional Analysis of the Crystal Oscillator Market:

The Asia-Pacific region held the major share. In 2020, the region was responsible for 31.18% of the market.

Also, the region is expected to experience the fastest growth rate over the forecast period. China is one of the significant markets of the crystal oscillator globally, owing to its strong position in consumer electronics, semiconductor, and other telecommunications devices and equipment manufacturing.

Furthermore, India is one of the fastest-growing markets for voltage-controlled oscillators in the region.

• North America (US, Canada, Mexico)
• Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
• Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
• Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
• South America (Brazil, Argentina, Rest of SA)

Key Industry Development:

In July 2020, Seiko Epson Corporation introduced the TG2016SKA and TG2016SLA TCXO kind of crystal oscillators. The latest products such as automotive-grade, AEC-Q100 compliant, temperature-compensated crystal oscillators can be utilized for automotive applications.

In June 2020, Seiko Epson Corporation introduced SG2520CAA, a simply packaged crystal oscillator (SPXO) with CMOS output, that can be utilized for automotive applications. The product is AEC-Q200 compliant, which makes it supreme for high-reliability applications.

Procure This Report@

introspectivemarketresearch.com/checkou…_sid=15821

News From

Introspective Market Research
Category: Market Research Publishers and Retailers Profile: Introspective Market Research is a visionary research company who is ready to assist their customer to flourish their business by offering strategies for gaining success. We sell market research reports received from other leading companies in the market research industry which offer in-depth and trustworthy information on different topics and sectors. The IMR founded by the team of experts and experienced professionals in the industry. The team is focusing on offering the empirical data colle ...