MEMS-based Oscillator Market 2022 Industry Status and Global Outlook till 2027

New York, March 22nd 2022, Market Insights Reports has released its latest market research report on the MEMS-based Oscillator Market.

The MEMS-based Oscillator Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the MEMS-based Oscillator market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the MEMS-based Oscillator market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the MEMS-based Oscillator market.

The MEMS-based Oscillator market was valued at USD 163.9 million in 2020 and is expected to reach USD 721.33 million by 2026, at a CAGR of 27.89% over the forecast period 2021 - 2026.

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Top Leading Companies of MEMS-based Oscillator Market are - Maxim Integrated Products Inc., Microchip Technology Inc., Kyocera Corporation, Renesas Electronics Corporation, Abracon LLC, TXC Corporation, SiTime Corporation, Daishinku Corp., Rakon Limited, Raltron Electronics (Rami Technology USA LLC) and others.

Industry News and Updates:

- In June 2020 - Abracon LLC, a manufacturer of frequency control, timing, synchronization, RF, connectivity, and power component solutions, extended its franchise agreement with Edge Electronics, Inc. to include all brands of the company, such as Abracon, Ecliptek, ILSI, MMD, and Oscilent. This global agreement also aims at offering fast and easy access to company's offerings amid the disrupted supply chains.

- In December 2019 - Rakon's XMEMS technology extended the benefits of a MEMS process, when coupled with superior material properties of quartz over silicon. This achieved lower Q and a better phase noise performance without the phase-locked loop induced phase noise hump, across silicon MEMS oscillator.

Key Market Trends:

Consumer Electronics Industry is Expected to Drive the Market Growth

- The frequent new launches of consumer electronics products are expected to fuel the market for MEMS-based oscillators. With applications across smartphones, and wearables, and the drive to enable smaller, lower power IoT enabled devices, significant growth in MEMS-based oscillators is expected.
- The consumer markets have been observing an increased demand for activity trackers by the rising number of units being shipped per year, followed by smartwatches, wearable cameras, and smart glasses. These devices are being enabled by advancement across MEMS technology to simplify timing solutions and wireless connectivity.

North America to Account for Significant Market Share

- North America accounts for the largest market for MEMS-based oscillators, reinforced by the presence of an established industrial sector and booming automotive and consumer electronics industries. The volume of automobile production in the region has witnessed a growth in the 2014-2021 period.
- In addition, the growth of connected and driverless cars in the region and IoT applications in the automotive segment are also expected to drive the demand for MEMS-based oscillators.

Investigator Observers Strong Growth in Specific Regions:

- Europe Market (Germany, UK, France, Russia, Italy)

- Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)

- South America Market (Brazil, Argentina, Colombia)

- North America Market (United States, Canada, Mexico)

- Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).

The Latest Industry Data Included in this Report:
- MEMS-based Oscillator Market Size & Analysis (2016 - 2026)
- Market Share Analysis of MEMS-based Oscillator Market (%),2016 - 2026
- MEMS-based Oscillator Market Share, By Brand
- MEMS-based Oscillator Market Share, By Company
- MEMS-based Oscillator Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies MEMS-based Oscillator Market Value Analysis & Forecast
- Promising MEMS-based Oscillator Development by Major Companies
- Detailed MEMS-based Oscillator Portfolio of the Major Companies
- Major Deals in the MEMS-based Oscillator Market
- Major Companies Analysis

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