About Quartz Crystal Oscillator
A quartz crystal oscillator can be defined as an oscillator used in an electronic device to achieve stable frequency and precise clocks. Quartz Crystal oscillator uses the mechanical resonance of a vibrating crystal which is made of piezoelectric material to generate an electrical signal with a very precise frequency. Globally growing telecommunication technology and penetration of smartphones and tablets into pockets of the majority of the population across the world is expected to be the key growth driver, however, fast-changing technology and the introduction of the advanced version of the crystal oscillators is making them obsoleted, and outdated technology which is expected. The quartz crystal oscillator market can ensure its continued relevance in the ever-evolving world of electronics. The combination of established reliability, future-proof technology, and a focus on miniaturization and specialization will keep quartz crystal oscillators a vital component in powering the next generation of electronic devices.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The global Crystal Oscillator Market is a highly competitive industry, with numerous players vying for market share. The market is dominated by major companies that are continuously deploying various strategies to expand their product portfolios, enter into mergers & acquisitions, and develop, test, and introduce more effective products. Analyst at AMA Research estimates that Global Players will contribute the maximum growth to Global Quartz Crystal Oscillator market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Abracon (United States), TAITIEN ELECTRONICS CO., LTD (Taiwan), Daishinku Corporation (Japan), HOSONIC TECHNOLOGY CO., LTD. (China), Diodes Incorporated (United States), KYOCERA Crystal Device Corporation (Japan), Mercury Electronic Ind. Co., Ltd. (Hong Kong), Microchip Technology Inc. (United States), Murata Manufacturing Co. (Japan), Oscilloquartz SA (Switzerland) and Pletronics Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are SiTime Corporation (United States), Siward Crystal Technology Co Ltd (China), TAITIEN Electronics Co., LTD (Taiwan), Rakon Limited (New Zealand) and River Eletec Corporation (China).
Segmentation Overview
AMA Research has segmented the market of Global Quartz Crystal Oscillator market by Type (VCXO (Voltage-Controlled Crystal Oscillator), TCXO (Temperature-Compensated Crystal Oscillator), VCTCXO (Voltage-Controlled Temperature-Compensated Crystal Oscillator) and OCXO (Oven-Controlled Crystal Oscillator)), Application (Communication Devices, Consumer Electronics, Industrial Applications and Others) and Region.
On the basis of geography, the market of Quartz Crystal Oscillator has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Technology, the sub-segment i.e. Surface Mount Devices (SMD) will boost the Quartz Crystal Oscillator market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Automotive will boost the Quartz Crystal Oscillator market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Development of oven-controlled crystal oscillators (OCXO)
Market Growth Drivers:
Growing demand for high-precision electronics and Rising need of automotive applications
Challenges:
Limited availability of high-quality raw materials
Restraints:
Competition from alternative technologies
Opportunities:
Investing in advanced manufacturing technologies and Growing demand for miniature electronic devices
Market Leaders and their expansionary development strategies
In July 2023, Abracon announced the acquisition of NEL Frequency Controls, Inc. Abracon and NEL Frequency Controls will accelerate innovation, new product development, time-to-market, and enterprise growth by combining core strengths across product management, engineering, sales, and marketing. This alliance allows both companies to share expertise from their respective markets, collaborate on product strategies, enhance and scale go-to-market capabilities, and better serve customers through complementary product offerings.
In March 2023, Taitien Electronics introduced O3 TYPE tiny size high precision crystal oscillator, to fulfill the high precision, tiny size, and low-power mobile application requirement. The O3 type package size is 1.65 x 1.25mm, which is 60% smaller than 2.50 x 2.00mm package. It is easy to adapt to various small-scale design applications.
Key Target Audience
Manufacturing Companies, Potential Investors, Research & Development, Market Research & Consultancy Firm and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.