The global next generation crystal oscillators market size was $2.5 billion in 2018, and its value is estimated to grow with a CAGR of more than 6% during the forecast period 2019-2025. The information comes from a newly compiled business intelligence report from IndustryARC, titled:“Next Generation Crystal Oscillators Market: By type (SPXO, TCXO, VCXO, FCXO, OCXO, disciplined, multi-crystal, colpitts, Armstrong); By mounting Type (surface-mount, thru-hole); By technology (at cut, bt cut, sc cut); By applications (military & defense, research & management, industrial, automotive, consumer devices); By Geography - Forecast (2019-2025).”The report covers Next Generation Crystal Oscillators Market Size by mounting type and by applications, Next Generation Crystal Oscillators Market share by top 5 companiesand also the market share by start-ups during the forecast period ”.
The analyst of the market research report states that next generation crystal oscillators shares are extensively used in a wide variety of applications such as military & defense, research & management, industrial, automotive, and in consumer devices. However, the plethora of miniature electronic devices and surging demand for 4G and 5G networks will continue creating profitable opportunities during the foreseeable future.
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Next Generation Crystal Oscillators Market Segment Analysis:
Currently, consumer electronics is the leading application segment in the crystal oscillators market, with the demand projected to grow at a healthy CAGR of 8% - 9% from 2019 to 2025. Highly advanced electronic systems adapting micro-electro-mechanical systems (MEMS) oscillators to obtain greater timing performance and reliability.
Geographically, Asia-Pacific held the major share of demand of around 30% - 33% as of 2018, and the region is expected to retain its dominant position in the near future.
Next Generation Crystal Oscillators Market Product Analysis:
The crystal oscillator is electromechanical devices that generate an electric signal by using a mechanical resonance of a vibrating quartz crystal of piezoelectric material. It is mainly used in high-frequency applications as it maintains the frequency of the device and also keeps track of time in wristwatches. Due to their low cost and compact size, they are mostly utilized in a list of applications which include clocks, radios, computers, cellphones, microcontrollers, space tracking systems, modems, microprocessors, disk drives, sensors, video games, digital systems, measuring instruments, timers, engine controlling, phase locked loop systems, medical devices, global positioning systems (GPS), cable television systems, oscilloscopes and signal generators. These next-generation crystal oscillators play a crucial role in improving the performance of automotive electronics and smartphones as well. Advanced Driver Assistance Systems (ADAS), Light Detection and Ranging (LiDAR), in-vehicle Ethernet and autonomous driving need accurate timing solutions, and tight frequency stability thus these factors altogether driving the growth of the market.
Next Generation Crystal Oscillators Market – Competitive Landscape:
Kyocera, TXC, Epson, Vectron, Rakon, Daishinku, Nihon Dempa Kogyo, CTS, Murata, Ecliptek, Abracon, Axtal, Jauch, Hosonicare some of the key players holding major shares in the Crystal Oscillators market.
Kyocera Corporation is a well-known producer of crystal products such as crystal units and crystal oscillators by using quartz crystals to its full extent. It offers clock oscillators (SPXO), voltage controlled crystal oscillators (VCXO), and temperature compensated crystal oscillators (TCXO), along with kHz range crystal devices. These crystal products are emerging in the current trending IoT era with their unique structures and low current consumption. They decrease the lead time and rules in industrial applications where the necessity for high-frequency products exists.
TXC Corporation offers frequency control and sensor solutions. It provides different oscillators which include clock crystal oscillator (CXO), VCXO, TCXO, oven controlled crystal oscillator (OCXO), and microcomputer compensated crystal oscillator (MCXO). It is escalating through its innovative products in various applications such as automotive, mobile communication, wearable devices, server, storage, IoT, telecommunication and medical devices.
Vectron is a subsidiary of Microchip Technology Inc. It manufactures frequency control devices namely OCXO, TCXO, VCSO, VCXO, XO (Crystal Oscillators), Precision XO, and MEMS. These products are widely used in femtocells, base stations, networking, GPS, point to point radio, manpack radio and in test and Measurement applications.
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A. Quartz Crystal OscillatorsMarket
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