According to the market report “Next Generation Crystal Oscillators Market: By End Use Verticals (Industrial, Automotive, Others), By Product Type (Temperature, Voltage, Frequency Controlled, Others), By Application (RADAR, Avionics, Others), By Geography Forecast - (2015-2020)”, published by IndustryARC, the next generation crystal oscillator market is estimated to reach $2.41 Billion by 2020 at high CAGR.
Browse 34 Market Tables, 66 Figures spread through 154 Pages and an in-depth TOC on “Next Generation Crystal Oscillators Market”
Crystal Oscillators are electronic devices which use the vibration of piezoelectric material to create an electric signal of particular frequency. Crystal Oscillators are used to track time, provide stable signal or to maintain frequency of a device. It is categorized as harmonic oscillator circuit which utilized piezoelectric crystal to generate the desired frequency for controlling plethora of electronic devices. The global market has been segmented based on various type as XO, TCXO, VCXO, FCXO, OCXO, MCXO and EMXO.
Crystal Oscillators are utilized in numerous applications and have witnessed growing adopting in recent years. Major growth in this market is estimated from telecommunications and healthcare industries due to increase in demand for medical monitoring devices. Shift from 3G to 4G technology is also estimated to drive the market. Among various types the TCXO type are estimated to have the largest share and are projected to grow further.
According to a recent study from IndustryARC the global market value of Crystal Oscillators was nearly equal to $1.8 billion in 2014; The APAC region was estimated to be the largest market globally. Europe is estimated to be the fastest market mainly due to increasing sales of tablets and smartphones which drive the market in consumer electronics segment.
The market has been analyzed by the following End User Verticals:
- Consumer Electronics
- Military, Aerospace & Defense
Following Key Players were also covered as part of the market landscape analysis:
- Epson Toyocom
- Nihon Dempa Kogyo Co Ltd
- TXC Corporation
- Kyocera Crystal Devices
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