Timing Devices Market Growth Probability, Leading Vendors and Future Scenario By 2024-2031

Timing devices market is anticipated to grow at a CAGR of 10.7% during the forecast period (2023-2030).  Timing devices or oscillators based on MEMS (micro-electromechanical system) are used in driving control systems, infotainment systems Consumer electronics, IT and telecom and other applications. The growing adoption of miniaturized devices coupled with the improving low power consumption, high degree of stability, and accuracy is the key factor supporting the growth of the market globally. Crystal mostly vibrates in one axis, therefore only one phase is dominant. This property of low phase noise makes them particularly useful in telecommunications where stable signals are needed, and in scientific equipment where very precise time references are needed. Hence, the market players are also focusing on introducing stable clock signals that further bolster the market growth. For instance, in February 2023,  KYOCERA AVX, a manufacturer of advanced electronic components engineered to accelerate technological innovation and build a better future, launched a new circuit-matching service designed to help customers quickly and confidently select suitable crystal timing devices.

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The global timing devices market is segmented on the product type, material, and end-users. Based on the product type, the market is sub-segmented into oscillator, clock buffer, clock generator, jitter attenuator and resonator. Based on the material, the market is sub-segmented into silicon, crystal and ceramic. Further, on the basis of end-users, the market is sub-segmented into consumer electronics, IT and telecom, automotive, aerospace and defence. Among the product types, the oscillator sub-segment is anticipated to hold a considerable share of the market owing to the rise in demand for crystal oscillator that creates an extremely precise frequency-based electrical signal by leveraging the mechanical resonance of a piezoelectric element vibrating crystal.

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Market Coverage
Market number available for - 2023-2029
Base year- 2022
Forecast period- 2023-2029
Segment Covered- By Source, By Product Type, By Applications
Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
, and others

Global Timing Devices Market Report Segment

By Product Type

Oscillator
Clock Buffer
Clock Generator
Jitter Attenuator
Resonator

By Material

Silicon
Crystal
Ceramic

By End Users

Consumer electronics
IT and telecom
Automotive
Aerospace and defense

The Report Covers

Market value data analysis of 2022 and forecast to 2030.
Annualized market revenues ($ million) for each market segment.
Country-wise analysis of major geographical regions.
Key companies operating in the global timing devices market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
Analysis of market-entry and market expansion strategies.
Competitive strategies by identifying 'who-stands-where' in the market.

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