Crystal Oscillator Market - 2014-2022 Key findings by Allied Market Research

Growth in global Crystal Oscillator market has been negatively affected by the inception of si-MEMS oscillators. However, the market is anticipated to sustain a constant slow paced growth rate as si-MEMS offers poor frequency stability and incurs additional cost as compared to oven-controlled crystal oscillator.

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Crystal oscillators are circuits with piezoelectric material that works as a frequency selective element. The oscillation frequency of a crystal oscillator is determined by the vibrations of the piezoelectric material used in it. These crystal oscillators have a very high Q-factor and are extensively applicable across various industries such as electronics, IT & telecommunication, aerospace & defense, and automotive & transport. These crystals are replacing tuned circuit owing to their smaller size, high temperature range, and higher Q-factor.
In technologies, temperature-compensated crystal oscillator (TCXO) holds the largest share, in terms of revenue, in overall market, owing to its low cost and wide usage in low-end applications such as smartphones, laptops and watches. However, the oven-controlled crystal oscillators (OCXOs) are gradually replacing TCXOs owing to their enhanced frequency stability, reduced cost, and advance measure of temperature compensation through the use of an oven. Thus, the OCXOs are anticipated to grow with the highest CAGR during the forecast period.

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AT cut and SC cut technologies together contribute over 90% of the technology segment in overall crystal oscillator market. AT cut crystal has a compact size and performs well in a wide temperature range, while SC cut provides enhanced frequency stability with widespread application in IT & telecommunication industry. The SC cut crystal oscillator segment is anticipated to be one of the highest growing type of crystal oscillators.
Based on mounting scheme, the market has two sub segments: surface mount and thru-hole. The surface mount crystal oscillator attributes over 75% market share and is anticipated to grow with highest CAGR as it consumes less space, and it is mainly used in automated operations. Thru-hole is comparatively bulky and it is utilized in manual devices.

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