Press release
Clock Buffer Market Outlook 2024: Exclusive Report By The Business Research Company | Semiconductor Components Industries LLC, Renesas Electronics Corporation, Infineon Technologies AG
The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2182The Business Research Company offers in-depth market insights through Clock Buffer Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The clock buffer market size has grown strongly in recent years. It will grow from $2.3 billion in 2023 to $2.52 billion in 2024 at a compound annual growth rate (CAGR) of 9.3%. The growth in the historic period can be attributed to increased demand for consumer electronics, rising automation in industries, telecommunication infrastructure development, computing and data center expansion, global semiconductor industry trends.
The clock buffer market size is expected to see strong growth in the next few years. It will grow to $3.55 billion in 2028 at a compound annual growth rate (CAGR) of 9.0%. The growth in the forecast period can be attributed to iot (internet of things) growth, automotive electronics, edge computing adoption, rising demand for high-performance computing , advancements in semiconductor manufacturing. Major trends in the forecast period include technology advancements, high performance solutions, integration of features, rise in iot and edge computing, power efficiency and low-noise design.
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Market Segmentation:
The clock buffer market covered in this report is segmented -
1) By Type: Differential Clock Buffer, Single-Ended Clock Buffer, Universal, Other Types
2) By End-User Vertical: Military And Defense, Industrial, Consumer Electronics, IT And Telecommunication, Other End-User Verticals
Major Driver - Surging Smartphone Adoption Catalyzes Growth In The Clock Buffer Market
An increase in the adoption of smartphone devices is expected to propel the growth of the clock buffer market going forward. A smartphone refers to a cellular telephone with an integrated computer originally associated with telephones such as an operating system, web browsing, and the ability to run software applications. A clock buffer is a type of integrated circuit that generates periodic signals for gap generation in electronic devices such as smartphones, thus increase the demand for clock buffer. For instance, in February 2023, according to a report published by Uswitch Limited, a UK-based online and telephone comparison, and switching service, 71.8 million mobile connections were active in 2022, which is an increase of 3.8% from 2021. There will be 68.3 million people living in the UK by 2025, and 95% of them will have smartphones in their hands. Therefore, an increase in the adoption of smart phones is driving the growth of the clock buffer market.
Competitive Landscape:
Major companies operating in the clock buffer market report are Semiconductor Components Industries LLC, Renesas Electronics Corporation, Infineon Technologies AG, Skyworks Solutions Inc., Texas Instruments Incorporated, Diodes Incorporated, Analog Devices Inc., Microchip Technology Inc., Lattice Semiconductor Corp., NXP Semiconductors Corp., Advanced Analog Technologies Inc., Spectralinear Inc., PulseCore Semiconductor Inc., PhaseLink Corporation, ON Semiconductor Corp., STMicroelectronics NV, Cypress Semiconductor Corporation, East Crystal Electronic Co. Ltd., Delta Electronics Inc., Asahi Kasei Corporation, Aker Technology Co., Silicon Laboratories Inc., Toshiba Corp., Teledyne e2v Co., Intel Corp., Global Mixed-mode Technology Inc., Integrated Device Technology Inc., Maxim Integrated Inc., ROHM Co. Ltd., Semtech Corporation, Silego Technology Inc., TDK Corporation, Teridian Semiconductor Corporation, TriQuint Semiconductor Inc., Zarlink Semiconductor Inc., ZMD AG
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Top Trend - Innovative Product Offerings Drive Momentum In The Clock Buffer Market
Product innovations are the key trend gaining popularity in the clock buffer market. Major companies operating in the market are developing innovative products such as low-jitter clock buffers, clock buffers with PCIe Gen6 specifications, clock buffers supporting the new PCI Express (PCIe) 5.0 protocol, and others to sustain their position in the market. For instance, in April 2022, Renesas Electronics Corporation, a Japan-based provider of advanced semiconductor solutions, introduced the first clock buffers and multiplexers that meet PCIe Gen6's stringent specifications. The unique features are complemented by new devices, which also support and offer additional margin for PCIe Gen5 implementations, to provide customers with a complete PCIe Gen6 timing solution for data center/cloud computing, networking, and high-speed industrial applications.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Clock Buffer Market Characteristics
3. Clock Buffer Market Trends And Strategies
4. Clock Buffer Market - Macro Economic Scenario
5. Clock Buffer Market Size And Growth
…..
27. Clock Buffer Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
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