Press release
Timing Devices Market - Industry Trends and Forecast to 2028
The Global Timing Devices Market Overwhelming hike in the forecast period 2022 to 2028The Global Timing Devices Market Size
The timing devices market is segmented on the basis of type, mounting type, material and end use. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
On the basis of type, the timing devices market has been segmented into oscillator, resonator, clock generator, clock buffer and jitter attenuator. In 2021, the oscillator segment will dominate the market as it has much high Q factor than that of resonators which has a frequency of 10 KHz to 100 MHz.
On the basis of mounting type, the timing devices market has been segmented into surface mount and through hole. In 2021, surface mount segment is dominating the market as it is more accessible to smaller PCBs and more surface area.
On the basis of material, the timing devices market has been segmented into silicon, crystal and ceramic. In 2021, silicon segment is the most dominant material which is used for manufacturing of timing devices.
On the basis of end use, the timing devices market has been segmented into consumer electronics, industrial, medical and healthcare, automotive, telecommunications and datacenter, military and defense and others. In 2021, consumer electronics segment held the largest share in the market because the timing devices are majorly used in electronics such as mobile phones, computers and other consumer goods.
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Market Analysis and Insights - Global Timing Devices Market
The timing devices market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 8.9% in the forecast period of 2021 to 2028 and is expected to reach USD 9,020.57 million by 2028. Increasing adoption of smartphone devices across the globe creates a need for the adoption of timing devices and acts as a driving factor for the growth of the timing devices market.
Timing devices provide timing signals to transmit data at the right time and speed along with continuous synchronizing signals. A piece of electronic equipment may consist of thousands of components, however, these myriad components are never allowed to run free and need to work in concert with one another to create a certain harmony. The clock helps serve the role of a conductor, the source of which is a timing device.
There is rise in demand of timing devices for healthcare and medical equipment acting as a driving factor for the growth of the timing devices market. Timing devices involves various costs requiring a huge capital investment for development which is acting as a major restraint for the growth of the timing devices market. Rising development of 5G technology is acting as a major window of opportunity for the growth of the timing devices market. Complexity in adopting fast changing technology is acting as a major challenge for the growth of the timing devices market.
This timing devices market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the timing devices market scenario contact Data Bridge Market Research for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
The Global Timing Devices Market Country Level Analysis
Global timing devices market is analysed and market size information is provided by the country, type, mounting type, material and end use as referenced above.
The countries covered in the global timing devices market report are the U.S., Canada, Mexico, U.K., Germany, France, Spain, Italy, Netherlands, Switzerland, Russia, Belgium, Turkey, rest of Europe, China, Japan, South Korea, India, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, rest of Asia-Pacific, South Africa, Saudi Arabia, U.A.E., Egypt, Israel, rest of Middle East and Africa, Brazil, Argentina and rest of South America.
The U.S. dominates in the North America timing devices market owing to large adoption of timing devices in the advanced medical equipment and ongoing research and development for the silicon segment in the industry. China dominates in the Asia-Pacific timing devices market owing to factors such as large presence of small number of manufacturers and strong growth of semiconductor for the silicon segment in the country. Germany dominates in the Europe timing devices market owing to factors such as increasing adoption of smartphone devices and increasing growth in investments and expansion for the silicon segment made by market players toward the implementation of timing devices.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Global Timing Devices Market Share Analysis
The timing devices market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies' focus related to the global timing devices market.
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Key Players Global Timing Devices Market
The major players covered in the global timing devices market report are Texas Instruments Incorporated, Asahi Kasei Microdevices Corporation (a subsidiary of Asahi Kasei Corporation), Würth Elektronik GmbH & Co. KG (a subsidiary of Adolf Würth GmbH & Co. KG), LIHOM XTALS, Masterclock Inc., Renesas Electronics Corporation, Infineon Technologies AG, TXC, KYOCERA Corporation, Murata Manufacturing Co., Ltd., Abracon, Seiko Epson Corporation, Microchip Technology Inc., NXP Semiconductors, Rakon Limited, NIHON DEMPA KOGYO CO., LTD., Silicon Laboratories, SiTime Corp., Analog Devices, Inc., Vishay Intertechnology, Inc. among other domestic and global players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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