Next Generation Crystal Oscillators Market Revenue to Reach $2.41 Billion by 2020

February 06 18:46 2017

Next Generation Crystal Oscillators Market
Next Generation Crystal Oscillators Market Revenue, Spurred by Space Race & Military Applications, Predicted to Register CAGR of 6.25% Till 2020

The 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 – (2016-2022)”, published by IndustryARC, estimates that the market will exhibit a CAGR of 6.25% till at least 2020.

A crystal oscillator can be described as an electronic device that is widely utilized to create an electrical signal with precise frequency. The crystal oscillator circuit is based around the principle of making the most of the mechanical resonance derived from a vibrating crystal like quartz. An accurate crystal oscillator frequency is widely used for the purpose of maintaining a stable signal for maintaining time. Hence, the applications of crystal oscillator pervade any function which requires precise time-keeping. Thus, the Next Generation Crystal Oscillators Market is perfectly positioned to register solid growth numbers during the forecast period of 2016-2022.

Scope & Regional Forecast of the Next Generation Crystal Oscillators Market

The years of R&D undertaken by the Next Generation Crystal Oscillators Markethas ensured that several crystal oscillator design varieties have made a mark for themselves in industries like aerospace, research, automotive, consumer electronics, etc. Military and aerospace have long been observed as the earliest adopters of crystal electronics, but their combined share is currently less than 10%. This goes to show how the programmable crystal oscillator has evolved during the last decade. But oscillator manufacturers expect space research & exploration to once again take up a dominant role as more satellites are launched. Each and every satellite in space requires an extremely precise clock for maintaining time, and the crystal oscillator is one of the more popular varieties in use.

The Next Generation Crystal Oscillators Market also expects the healthcare sector to significantly drive future demand. The prevalence of problems related has spurred the need for pacemakers. Such growth drivers are expected to play a key role in helping the market grow at a CAGR of 6.25% till at least 2020. The market revenue is also predicted to cross the $2.41 billion mark sometime in 2020.

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Segmentations & Key Players Involved in the Next Generation Crystal Oscillators Market

The Next Generation Crystal Oscillators Market can be broken down into various segmentations on the basis of – 

Type: Crystal Oscillator (Xo), Temperature Compensated Crystal Oscillator (TCXO), Voltage Controlled Crystal Oscillator (VCXO), Frequency Controlled Crystal Oscillator (FCXO), Microcomputer Compensated Crystal Oscillator (MCXO), Oven Controlled Crystal Oscillator (OCXO), Evacuated Miniature Crystal Oscillator (EMXO) and Others.

Application: Consumer Electronics, Industrial, Automotive, Telecommunications, Healthcare, Military, Aerospace and Defense (Space and Hi-Reliability, Radar, Radio Communications, Avionics, Command and Control, Missiles and Precision Guided Munitions, Others) and Others.

Geographical Location: Americas, Europe, Asia-Pacific and Rest of the World. 

Some of the key players involved in the Next Generation Crystal Oscillators Market are as follows:

  • The Conner-Winfield Corporation

  • CROVEN Crystals (Wenzel Associates, Inc.)

  • Zhejiang East Crystal Electronic Co., Ltd

  • SIEKO Epson Corporation

  • Fox Electronics (Integrated Device Technology)

  • HOSONIC Electronic Co., Ltd

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