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Crystal Oscillator Market To See Booming Growth 2022-2031
The global crystal oscillators market report by the business research company identifies Increasing penetration of smartphones and tablets to be a major growth driver for the crystal oscillators market. Currently, all mobile phones are equipped with two crystal oscillators, one to maintain sleep-mode timing adjacent to the processor and the second device is used in power management chips. They are widely used in mobile phones and tablets due to their technical advantages over other compatriots, such as low cost and energy efficiency. For instance, according to the study published by Gartner Inc., smartphone sales across the globe increased by 6% during 2020-2021, after a decline of 12.5% during 2019-2020 due to the COVID-19 pandemic. Therefore, the constant increase in sales of mobile phones is expected to boost demand for crystal oscillators during the forecast period.The global crystal oscillators market size is expected to grow from $2.62 billion in 2021 to $2.79 billion in 2022 at a compound annual growth rate (CAGR) of 6.42%. The global crystal oscillators market size is expected to reach $3.36 billion in 2026 at a CAGR of 4.71%.
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Asia-Pacific was the largest region in the crystal oscillators market in 2021. Asia-Pacific is expected to be the fastest-growing region in the global crystal oscillators market during the forecast period. The regions covered in the global crystal oscillators market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
Major players in the crystal oscillators market are Seiko Epson Corporation, Nihon Dempa Kogyo Co., Ltd., TXC Corporation, Kyocera Corporation, Daishinku Corp., Murata Manufacturing Co., Ltd., Vectron International, Rakon, Hosonic Electronic Co., SiTime Corporation, River Eletec Corporation, TAISAW, Miyazaki Epson Corporation, and Microchip Technology Inc.
The global crystal oscillators market is segmented -
1) By Type: 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 Types
2) By Mounting Scheme: Surface Mount, Through-Hole
3) By Application: Telecom and Networking, Consumer Electronics, Military and Aerospace, Research and Measurement, Industrial, Automotive, Medical Equipment
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The Crystal Oscillators Market Report Contents Include
1. Executive Summary
2. Crystal Oscillators Market Characteristics
3. Crystal Oscillators Market Trends And Strategies
4. Impact Of COVID-19 On Crystal Oscillators
5. Crystal Oscillators Market Size And Growth
....
26. Africa Crystal Oscillators Market
27. Crystal Oscillators Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Crystal Oscillators Market
29. Crystal Oscillators Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the crystal oscillators market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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