Market Overview:
Crystal Oscillator Market Size Was Valued at USD 3.09 Billion in 2022, and is Projected to Reach USD 4.20 Billion by 2030, Growing at a CAGR of 3.90% From 2023-2030.
To achieve an inverse magnetostrictive effect, a crystal is used as a frequency-selective component in a crystal oscillator. To produce an electric signal with a precise frequency, it makes use of the vibrating crystal's mechanical plangency, which has magnetostrictive properties. Oscillators are circuits based on electricity that uses the mechanical resonance of the vibrating crystal (a type of piezoelectric material) to generate an electrical signal at a particular frequency. There are many different kinds of piezoelectric resonators, but quartz crystal is often used in these oscillators. These oscillator electronic circuits are known as gem oscillators. The use of wireless connections, such as remote keyless entry, is increasing as the demand for convenience grows.
Top Key Players Covered In The Crystal Oscillator Market:
- Murata Manufacturing Co. Ltd (Japan)
- Seiko Epson Corp. (Japan)
- Kyocera Corporation (Japan)
- Rakon Ltd (New Zealand)
- Vectron International Inc. (US)
- TXC Corporation (Taiwan)
- SiTime Corporation (US)
- Daishinku Corp. (US)
- Siward Crystal Technology Co. Ltd (Taiwan)
- Hosonic Electronic Co. Ltd. (Taiwan)
- Nihon Dempa Kogyo (NDK) Co. Ltd. (Taiwan), and Other Major Players.
Market Dynamics and Factors:
Throughout the next few years, nations across the world are supposed to take on 5G innovation, further impacting the interest in 5G-empowered gadgets, for example, cell phones, network gadgets, network foundations, and IoT gadgets across businesses that are supposed to integrate such arrangements. Crystal oscillators will see significant demand growth over the next few years as a result of the anticipated influx of new devices incorporating crystal oscillators. TXC Corp. says that 5G is infrastructure, and devices like network infrastructure, Wi-Fi, the 5G smartphone, and IoT are expected to have 10-100 crystal oscillators, 1-2 crystal oscillators, 5- 10 crystal oscillators, and 2-6 crystal oscillators, respectively.
The interest in cutting-edge car vehicles is created by worldwide drives like the Paris Understanding. The most recent vehicle models are subject to stringent emission controls in several nations. Manufacturers are beginning to venture into the electric mobility sector as a result. Mobility services and autonomous vehicles are expected to confound yet another auto industry revolution in the coming years. Crystal oscillators are also used in advanced driver-assistance systems (ADAS), in-car navigation, wireless automotive communication, remote keyless entry, around-view monitor/camera systems, instrument cluster/clocks, electric stability control on brake units, and airbag ECU. As a result, the crystal oscillator market will expand as demand for electric vehicles rises.
Crystal Oscillator Market Report Highlight:
- By Type, the Temperature Compensated Crystal Oscillator (TCXO) segment is anticipated to lead the growth of the Crystal Oscillator market in the forecasted timeframe. An unstable oscillation frequency is the result of a regular crystal oscillator whose oscillation frequency fluctuates with temperature. A stable oscillation frequency can be achieved in environments with high temperatures using TCXOs. The use of TCXOs is being fueled by the need for precise clock signal control.
- By Mounting Type, the surface mount segment is expected to have the highest share of the Crystal Oscillator market over the projected period. Surface-mount crystal oscillators have lower material and manufacturing costs and imply a straightforward production process. Crystal oscillators are quickly finding applications in consumer electronics, telecom, and networking.
- By end-users, the Consumer Electronics segment is set to develop at the highest share during the forecasted timeframe. The crystal oscillator market is anticipated to be fueled by the speed with which new consumer electronics products have been introduced recently. Cable television systems, personal computers, digital cameras, radio systems, smartphones, and wearable devices are all examples of applications for oscillators.
- The Asia Pacific region is expected to have the highest share of the Crystal Oscillator market over the projected period. Due to its strong position in the production of consumer electronics, semiconductors, and other telecommunications devices and equipment, China is one of the major crystal oscillator markets worldwide. Additionally, India is one of the region?s fastest-growing voltage-controlled oscillator markets.
Key Industry Developments in the Crystal Oscillator Market:
In July 2023: TXC Corporation, another major player in the crystal oscillator market, acquired Vectron International, a leading provider of miniature quartz crystal oscillators and filters. This acquisition expands TXC's product portfolio and strengthens their presence in the industrial and medical electronics markets.
In March 2023: Qualcomm Technologies acquired SiTime Corporation, a leading provider of MEMS (Microelectromechanical systems) timing solutions, for $2.6 billion in March 2023. This acquisition strengthens Qualcomm's position in the mobile and high-performance computing markets and gives them access to SiTime's advanced MEMS timing technology.
Crystal Oscillator Market Segmentation:
By Type
- Temperature Compensated Crystal Oscillator (TCXO)
- Simple Packaged Crystal Oscillator (SPXO)
- Voltage-Controlled Crystal Oscillator (VCXO)
- Frequency-Controlled Crystal Oscillator (FCXO)
- Oven-Controlled Crystal Oscillator (OCXO)
- Other
By Mounting Type
- Surface Mount
- Thru-Hole
By End-Users
- Telecom & Networking
- Automotive
- Aerospace & Defence
- Consumer Electronics
- Research & Measurement
- Industrial
- Other
For this report, Introspective Market Research has segmented the Crystal Oscillator Market based on region:
Regional Outlook (Revenue in USD Million; Volume in Units, 2023-2030)
North America
- The U.S.
- Canada
- Mexico
Eastern Europe
- Russia
- Bulgaria
- The Czech Republic
- Hungary
- Poland
- Romania
- Rest of Eastern Europe
Western Europe
- Germany
- UK
- France
- Netherlands
- Italy
- Spain
- Rest of Western Europe
Asia Pacific
- China
- India
- Japan
- Singapore
- Australia
- New-Zealand
- Rest of APAC
Middle East & Africa
- Turkey
- Saudi Arabia
- Qatar
- UAE
- Israel
- South Africa
South America
- Brazil
- Argentina
- Rest of SA
