Crystal Oscillators Market is Set for a Massive Growth and is Expected to Reach around $3.41 bn Globally by 2022
The major companies of global crystal oscillators market are Hosonic Electronic Co Ltd., TXC Corporation, Seiko Epson Corp, KYOCERA Crystal Device Corporation, Murata Manufacturing, Nihon Dempa Kogyo Co., Ltd., River Eletec Corporation, Daishinku Corporation (KDS), Rakon Ltd., and Vectron International among others. These players are set to foster the development of crystal oscillators market.
As per analysts at Zion Market Research, global crystal oscillators market was capitalized at USD 2,289.3 Million in 2016 and is likely to cross USD 3,198.6 Million in 2022, developing at a CAGR of 5.7% from 2017 to 2022.
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Increasing Demand For Tablets And Smartphones In Emerging Nations To Augment The Development Of Global Crystal oscillators market
According to analysts at Zion Market Research, the global crystal oscillators market is likely to foresee gains due to rising application of quartz-supported user electronic goods comprising radios, clocks, and computers. Crystal oscillators market has surfaced as highest developing market all over various sectors. Crystal oscillators have application in the tablet and smartphone sector, where the makers employ oscillator mediums comprising VCXOs, TCXOs, OCXOs, and SPXOs on a huge scale, boosting the development of crystal oscillators market. For example, in September 2017, Nihon Dempa Kogyo Co., Ltd. designed the NT1210AA. It was the smallest size low-power-consumption TCXO in the world, thereby boosting the crystal oscillators market. Increasing demand for tablets and smartphones in emerging nations such as India and China in light of new product rollouts by players is likely to enhance the development of crystal oscillators market.
TCXO Segment To Dominate The Global Crystal oscillators market In The Near Future Owing To Huge Requirement From Networking & Telecom Sector
The crystal oscillators market is divided based on mounting scheme, general circuitry, application, and crystal cut. Based on general circuitry, the global crystal oscillators market is classified into TCXO, SPXO, FCXO, VCXO, and OCXO. TCXO section grabbed the biggest market share owing to a huge requirement from networking & telecom sector. Based on the mounting scheme, the global crystal oscillators market is divided into a thru-hole and surface mount. In 2016, the surface mount sector in crystal oscillators market added up the biggest share.
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Asia Pacific Likely To Witness Noteworthy Development In Global Crystal oscillators market In The Years To Come
Based on area, Asia Pacific was the most eye-catching region for crystal oscillators market in 2016. It added up to over 30% share of the complete market and additionally, it is likely to witness noteworthy development in the years to come. This is majorly credited to different established consumer electronics and crystal oscillator manufacturing firms. In addition to this, this can also be credited to the expansion of a telecommunication network in Thailand, China, India, South Korea, Malaysia, and other developing nations.
The global crystal oscillators market is segmented as follows:
By General Circuitry
- SPXO (Simple Packaged Crystal Oscillators)
- TCXO (Temperature Compensated Crystal Oscillator)
- VCXO (Voltage Controlled Crystal Oscillator)
- FCXO ( Frequency Controlled Crystal Oscillators)
- OCXO (Oven-Controlled Crystal Oscillator)
- Global Crystal Oscillators Market: Mounting Scheme Analysis
- Surface Mount
This review is based on a report by Zion Market Research, titled “Crystal Oscillators Market”- Report at http://www.zionmarketresearch.com/report/crystal-oscillator-market
By Crystal Cut