Clock Buffer Market Size Worth $3,579.91 Million By 2028 | CAGR 8.0%: The Insight Partners

According to the new research report published by The Insight Partners, titled "Clock Buffer Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Type and End User," the market is expected to grow from US$ 2,112.53 million in 2021 to US$ 3,579.91 million by 2028; it is estimated to grow at a CAGR of 8.0% from 2022 to 2028.

In 2020, as per the Consumer Technology Association (CTA), sales of smartphones in the US accounted for 152 million units. Further, the increasing sales of consumer electronics devices globally contribute to the clock buffer market growth. For instance, smartphone shipments have increased 5.3% year over year in 2021, according to the International Data Corporation (IDC), to 1.35 billion units. Thus, due to above mentioned factors the clock buffer market share is growing rapidly.

Sample PDF showcases the content structure and the nature of the information included in the report which presents a qualitative and quantitative analysis - https://bit.ly/3lUGANz

The global clock buffer market based on geography in the North American region accounted for the highest share in the global clock buffer market in 2020 and is also expected to grow at the largest CAGR over the forecast period. The clock buffer market is driven by demand for high-level data synchronization with the advent of binary data processors, competent drive strength, and optimal clock buffer delays. Furthermore, the market is being driven forward by the increasing adoption of digital devices such as PCs, smartphones, smart wearables, laptops, and robotics, which necessitate the incorporation of clock buffers for interfacing within the device. Furthermore, government policies for digitization in developed and developing countries increased the use of computerized and digital devices in industries. For example, the Indian government's Digital India policy encourages the use of digital products in one of the world's most populous countries, which influences the demand for clock buffers. These factors are further boosting the growth of the clock buffer market across North America.

Renesas Electronics Corporation, Texas Instruments, Infineon Technologies AG, Analog Devices, and Texas Instruments are some of the key market players operating in the global clock buffer market. The listing of key players is derived by considering multiple factors such as overall revenue, current clock buffer product portfolio, geographical reach, new product launches, market initiatives, and investment in technology up-gradation, partnerships, and other market-related activities. In addition to these players, there are several other important players operating in the clock buffer ecosystems which were studies analyzed during the course of this market research study Diodes Incorporated; Microchip Technology Inc.; Skyworks Solutions; and Semiconductor Components Industries, LLC. Most of the market initiatives were observed in North America and Europe regions, which have a high potential for market-related products, solutions, and services.

Schedule a pre-sale discussion with the author team in a slot that you prefer to address queries on scope of the report, customization, introduction to methodology, assistance on technologies, and market definitions - https://bit.ly/3lYZva4

Market Insights - Clock Buffer Market
The clock buffer market in Europe is segmented into France, Germany, Russia, the UK, and the rest of Europe. The emergence of smart home appliances, such as in washing machines, air conditioners, safety and security cameras, and microwave ovens are further contributing to the growth of the clock buffer market. Consumers in Europe have improved their standard of living. Also, the rising penetration of Wi-Fi and Bluetooth has led to the procurement of electric household appliances. Thus, the demand for smart devices is high. The Google Nest Thermostat, the latest smart home appliance, uses a smartphone app that controls the HVAC system, and when a user moves near it, the device wakes up and activates the display. The demand for clock buffer will increase with the growth in consumer electronics.

Clock Buffer Market: Competitive Landscape and Key Developments

Analog Devices, Inc.; Infineon Technologies AG; Diodes Incorporated; Microchip Technology Inc.; Skyworks Solutions; Semiconductor Components Industries, LLC; Renesas Electronics Corporation; and Texas Instruments Incorporated are among the key players in the global Clock Buffer market. The leading companies focus on the expansion and diversification of their market presence, and acquisition of new customer base, thereby tapping prevailing business opportunities.

Immediate delivery of our off-the-shelf reports and prebooking of upcoming studies, through flexible and convenient payment methods - https://bit.ly/3NGHY20

2022: Renesas Electronics Corporation introduced the first clock buffers and multiplexers that meet stringent PCIe Gen6 specifications. The new devices join Renesas' low jitter 9SQ440, 9FGV1002, and 9FGV1006 clock generators to provide clients with a complete PCIe Gen6 timing solution for data center/cloud computing, networking, and high-speed industrial applications. By delivering the first discrete timing solution for PCIe Gen6, Renesas is enabling customers to develop the next generation of high-performance systems.

2021: Skyworks Solutions, Inc. has entered into a definitive agreement with Silicon Laboratories Inc. for a smarter, more connected world, under which Skyworks will acquire the Infrastructure & Automotive business of Silicon Labs in an all-cash asset transaction valued at $2.75 billion. The acquisition will accelerate Skyworks' expansion into the industry's most important growth segments, including electric and hybrid vehicles, industrial and motor control, power supply, 5G wireless infrastructure, optical data communication, data center, automotive, smart home and several other applications. Skyworks will be uniquely positioned to address a combined market opportunity approaching $20 billion annually.

Contact Us:
If you have any queries about this report or if you would like further information, please contact us:

Contact Person: Sameer Joshi
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

This release was published on openPR.