On April 3, 2014, The National Institute of Standards and Technology (NIST) in Boulder, Colorado officially launched its newest standard for measuring time using the NIST-F2 atomic clock. NIST-F2 is accurate to one second in 300 million years.

The article cited AMA's "Global Atomic Clock Market Study" explored CAGR of 4.6%. According to the report, Cesium Atomic Clock owing To High-Frequency Accuracy and Good Frequency Stability without Long-Term Frequency Drift is one of the primary growth factors for the market. Increasing need for a high precision atomic clock in aerospace and military is the key driving factor for the market. Also, high demand from metrology station owing to a time-sensitive application will further boost the growth of the market is also expected to contribute significantly to the Atomic Clock market growth. Overall, Navigation Satellite Systems applications of Atomic Clock, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The End-User, such as Space & Military, is boosting the Atomic Clock market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Power Consumption, such as Less than 30 milliwatt, is boosting the Atomic Clock market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

AMA’s Analyst on the Global Atomic Clock market identified that the demand is rising in many different parts of the world as "Atomic Clocks Based On Optical Lattices of Strontium, Ytterbium and Gadolinium Atoms ". Furthermore, some recent industry insights like "On January 9, 2020, Frequency Electronics, Inc. has announced that its next-generation Rubidium atomic clock successfully completed a Critical Design Review (CDR) by prime contractor Lockheed Martin Space for potential use on the U.S. Air Force’s GPS III Follow On (GPS IIIF) satellite program." is constantly making the industry dynamic.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Atomic Clock market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2022 currency rates.

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Atomic Clock market and other related sub-markets covered in the study.

o Key & emerging players in the market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Have a look at complete Table of Content: Global Atomic Clock Market Study

Data Triangulation
The overall Atomic Clock market size is calculated using market estimation process, the Atomic Clock market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Atomic Clock market size has been validated using both top-down and bottom-up approaches.