Clock Oscillators Market Analysis by Region 2021

Global Clock Oscillators Market is anticipated to grow at a higher CAGR for the forecast period owing to tremendous potential of the market across several domains such as type, application & geography. The market growth is totally dependent upon healthcare and medical equipment and heavy usage in mobile devices.

Technically, the clock controls various clocking needs of the CPU, of the system timers and CPU machine cycles in an embedded system. Machine cycles fetch the codes & data from memory followed by decoding and execution by the processor transferring the results to memory. Functionally, the clock is responsible for execution of an instruction. For this, the clock either makes use of a crystal or ceramic resonator or an external oscillator IC integrated with the processor. These components ensure durability, multi-functionality and higher driving capability for functioning of embedded system. Therefore, with the rising popularity of clock oscillators in the market, the market is anticipated to grow at a higher CAGR for the forecast period.

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The market is driven by key factors such as heavy response for smartphones and connected devices, inclination towards 4G/LTE networks and growing need for advanced equipment from healthcare domain. However, constant developments somewhat refrain the market from growing higher. With the development in high-end silicon oscillators grounded upon MEMS technology offer better alternatives as crystal oscillators as the frequency sources of choice in most systems.

Clock oscillators market is segmented into surface mount and thru-hole, based on surface mounting scheme. Surface mount segment is anticipated to grow at a higher CAGR during the forecast period owing to low production cost and higher component density.

Clock oscillators market is segmented into AT cut, BT cut and SC cut, based on crystal cut. AT cut market is anticipated to grow at a higher CAGR during the forecast period owing to minimum prices of these oscillators and their applications in various domains such as telecom & networking, consumer electronics and aerospace & military.

Clock oscillators market is segmented into simple packaged crystal oscillator (SPXO) and temperature compensated crystal oscillator (TXCO), voltage controlled crystal oscillator (VCXO), frequency controlled crystal oscillator (OCVCXO), oven controlled crystal oscillator (OCXO). Temperature compensated crystal oscillator is further sub-segmented into voltage-controlled temperature compensated crystal oscillator (VCTCXO). Oven controlled crystal oscillator is further sub-segmented into double oven-controlled crystal oscillator (DOCXO) and evacuated miniature crystal oscillator (EMXO).

Clock oscillators market is segmented into telecom & networking, consumer electronics, military & aerospace, industrial, research & measurement, automotive and medical equipment. Research & measurement segment is likely to grow during the forecast period due to growing use of embedded devices. Clock oscillators market spans North America, Latin America, Europe, Asia-Pacific, and Middle-East & Africa. APAC market is anticipated to grow at a higher CAGR during the forecast period owing to rapid proliferation of telecommunication in China, Thailand, Malaysia, India and South Korea.

The key players in the oscillators market include Miyazaki Epson Corp, Nihon Dempa Kogyo Co Ltd, TXC Group, Daishinku Corp, Vectron International Inc, Samsung Electronics Co Ltd, Apple Inc, LG Electronics Inc, Texas Instruments inc, and Analog Devices.

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