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Press release content from Business Wire. The AP news staff was not involved in its creation.

Global Crystal Oscillator Market (2020 to 2025) - Increasing Adoption of Advanced Automotive Electronics Presents Opportunities - ResearchAndMarkets.com

August 16, 2021 GMT

DUBLIN--(BUSINESS WIRE)--Aug 16, 2021--

The “Crystal Oscillator Market with COVID-19 Impact Analysis by General Circuity (SPXO, TCXO, VCXO), Crystal Cut (AT Cut, BT Cut, SC Cut), Mounting Scheme (Surface Mount, Through-Hole) Application (Consumer Electronics), Geography - Global Forecast to 2025” report has been added to ResearchAndMarkets.com’s offering.

The crystal oscillator market size is projected to reach USD 3.1 billion by 2025 from an estimated USD 2.8 billion in 2020, at a CAGR of 2.1% from 2020 to 2025.

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The growing demand for crystal oscillators from consumer electronics is among the factors driving the growth of the crystal oscillator market.

TCXO is projected to register the highest CAGR from 2020 to 2025

The TCXO segment of the crystal oscillator market is projected to grow at the highest CAGR from 2020 to 2025. The growth of this segment can be attributed to the advantages offered by TCXO in terms of their cost-effectiveness, performance, and temperature compensating properties. These oscillators are used to maintain frequency in varied temperatures in consumer electronics applications.

Others segment of crystal cut to register highest CAGR from 2020-2025

The others segment is projected to grow at the highest CAGR during the forecast period. The growth of this segment can be attributed to the precision and accuracy, as well as the ability to withstand challenging environments. The oscillators considered in this category are used in applications such as space navigation systems, military communication, telecom and networking, and aerospace.

Based on application, the consumer electronics segment held the major share of crystal oscillator market

The consumer electronics segment is projected to grow at the highest CAGR during the forecast period. The increase in technological advancements in consumer electronics devices to make devices user friendly and enhance their performance is expected to fuel the growth of this segment. Crystal oscillators are used for frequency synchronization and frequency conversion.

Market Dynamics

Drivers

  • Growing Demand for Crystal Oscillators from Consumer Electronics
  • Rising Development of 5G Networks

Restraints

  • Continuous Advancements in Oscillator Technology Providing Cheaper Alternatives
  • Impact of Covid-19 on Consumer Electronics Market

Opportunities

  • Increasing Adoption of Advanced Automotive Electronics

Challenges

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  • Stability Issues in Crystal Oscillators

Companies Profiled

  • Seiko Epson Corporation
  • Nihon Dempa Kogyo Co. Ltd.
  • Txc Corporation
  • Kyocera Crystal Device Corporation
  • Daishinku Corp.
  • Microchip Technology Inc.
  • Murata Manufacturing Co. Ltd.
  • Hosonic Electronic Co. Ltd.
  • Sitime Corporation
  • Siward Crystal Technology Co. Ltd.
  • Rakon Ltd.
  • River Eletec Corp.
  • Mercury Electronic Ind. Co. Ltd.
  • Fox Electronics
  • Greenray Industries, Inc.
  • Mti-Milliren Technologies, Inc.
  • Qvs Tech, Inc.
  • Nippon Crystal, Inc.
  • Bliley Technologies Inc.
  • Ecliptek Corporation
  • Vishay Intertechnology, Inc.

For more information about this report visit https://www.researchandmarkets.com/r/gbizlq

View source version on businesswire.com:https://www.businesswire.com/news/home/20210816005468/en/

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SOURCE: Research and Markets

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PUB: 08/16/2021 10:49 AM/DISC: 08/16/2021 10:49 AM

http://www.businesswire.com/news/home/20210816005468/en