Crystal Oscillator Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2022 - 2028

Market Overview:

The Crystal Oscillator Market was valued at USD 2.10 Billion in 2021 and is expected to reach USD 2.46 Billion by the year 2028, at a CAGR of 2.3%.

A piezoelectric crystal is used as a frequency-selective element in a crystal oscillator, which is an electronic oscillator circuit. The oscillator frequency is frequently used to regulate frequencies for radio transmitters and receivers, to give a consistent clock signal for digital integrated circuits, and to maintain track of time, as in quartz wristwatches. Oscillator circuits using quartz crystals are known as crystal oscillators because they are the most prevalent type of piezoelectric resonator used. However, polycrystalline ceramics and other piezoelectric materials are also utilized in comparable circuits. Clock signals are generated by crystals and used in digital devices like integrated circuits, radio transmitters, and timepieces.

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Market Dynamics:

Driver:
With the implementation of the 5G network, it is projected that the demand for smartphones would increase significantly. In-car navigation, vehicle wireless connection, remote keyless entry, around-view monitor and camera systems, instrument cluster and clocks, electric stability control on brake units, airbag ECU, and advanced driver aid systems all make use of crystal oscillators (ADAS). As a result, the market for crystal oscillators will grow in response to the rising demand for electric vehicles, this is the factors that drive the market.

Opportunities:
The global market for crystal oscillators is expanding thanks to the increase in the number of automobiles on the road. The focus of major auto manufacturers is on sophisticated automobile electronics. Additionally, Google and Tesla's continued research and testing of driverless cars have inspired automakers and chip suppliers to concentrate on electronic devices with an emphasis on smart automobiles. Currently, there are about 100 quartz components in a typical car that are used for many different purposes, this is an opportunity for the future.

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Market Segmentation

Segmentation Insights

Based on Type, A Temperature Compensated Crystal Oscillator (TCXO) is designed to operate in high-temperature environments. As long as, the oscillation frequency of a regular crystal oscillator fluctuates with rising temperature, the resultant is an unstable oscillation frequency.

Based on Mounting Type, surface mount held the major share, with 64.4%, in 2020. The segment is also expected to record the highest growth rate in the projected period. The oscillators which are surface-mount crystals suffer lower material and manufacturing costs and imply a simple production process.

Based on End-User Industry, Telecommunications and Networking held the major share, with 40.36%, in 2020. The Other Applications segment is anticipated to register the fastest growth rate over the forecast period, under the end-user segment.

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

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Regional Insights
The Asia-Pacific region held the major share. In 2020, the region was responsible for 31.18% of the market. Also, the region is expected to experience the fastest growth rate over the forecast period. China is one of the significant markets of the crystal oscillator globally, owing to its strong position in consumer electronics, semiconductor, and other telecommunications devices and equipment manufacturing. Furthermore, India is one of the fastest-growing markets for voltage-controlled oscillators in the region. It is one of the largest consumers of electronic devices and also emerging as the manufacturing hub for communication equipment and semiconductors, owing to the growing young population and high smart electronic devices penetration.

By Region
• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
• South America (Brazil, Argentina, Rest of SA)

Players Covered in Crystal Oscillator Market are:
• Murata Manufacturing Co. Ltd
• Seiko Epson Corp.
• Kyocera Corporation
• Rakon Ltd
• Vectron International Inc.
• TXC Corporation
• SiTime Corporation
• Daishinku Corp.
• Siward Crystal Technology Co. Ltd
• Hosonic Electronic Co. Ltd
• Nihon Dempa Kogyo (NDK) Co. Ltd. And Other Major Players.

Key Industry Developments In Crystal Oscillator Market
In July 2020, Seiko Epson Corporation introduced the TG2016SKA and TG2016SLA TCXO kind of crystal oscillators. The latest products such as automotive-grade, AEC-Q100 compliant, temperature-compensated crystal oscillators can be utilized for automotive applications.

In June 2020, Seiko Epson Corporation introduced SG2520CAA, a simply packaged crystal oscillator (SPXO) with CMOS output, that can be utilized for automotive applications. The product is AEC-Q200 compliant, which makes it supreme for high-reliability applications.

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Table Of Content: -
Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
 3.1 By Type
 3.2 By Mounting Type
 3.3 By End-User Industry

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  3.5.1 Drivers
  3.5.2 Restraints
  3.5.3 Opportunities
  3.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

Chapter 4: Crystal Oscillator Market by Type
 4.1 Crystal Oscillator Market Overview Snapshot and Growth Engine
 4.2 Crystal Oscillator Market Overview
 4.3 Temperature Compensated Crystal Oscillator (Tcxo)
  4.3.1 Introduction and Market Overview
  4.3.2 Historic and Forecasted Market Size (2016-2028F)
  4.3.3 Key Market Trends, Growth Factors and Opportunities
  4.3.4 Temperature Compensated Crystal Oscillator (Tcxo): Grographic Segmentation
 4.4 Simple Packaged Crystal Oscillator (Spxo)
  4.4.1 Introduction and Market Overview
  4.4.2 Historic and Forecasted Market Size (2016-2028F)
  4.4.3 Key Market Trends, Growth Factors and Opportunities
  4.4.4 Simple Packaged Crystal Oscillator (Spxo): Grographic Segmentation
 4.5 Voltage-Controlled Crystal Oscillator (Vcxo)
  4.5.1 Introduction and Market Overview
  4.5.2 Historic and Forecasted Market Size (2016-2028F)
  4.5.3 Key Market Trends, Growth Factors and Opportunities
  4.5.4 Voltage-Controlled Crystal Oscillator (Vcxo): Grographic Segmentation
 4.6 Frequency-Controlled Crystal Oscillator (Fcxo)
  4.6.1 Introduction and Market Overview
  4.6.2 Historic and Forecasted Market Size (2016-2028F)
  4.6.3 Key Market Trends, Growth Factors and Opportunities
  4.6.4 Frequency-Controlled Crystal Oscillator (Fcxo): Grographic Segmentation
 4.7 Oven-Controlled Crystal Oscillator (Ocxo)
  4.7.1 Introduction and Market Overview
  4.7.2 Historic and Forecasted Market Size (2016-2028F)
  4.7.3 Key Market Trends, Growth Factors and Opportunities
  4.7.4 Oven-Controlled Crystal Oscillator (Ocxo): Grographic Segmentation
 4.8 And Other Types
  4.8.1 Introduction and Market Overview
  4.8.2 Historic and Forecasted Market Size (2016-2028F)
  4.8.3 Key Market Trends, Growth Factors and Opportunities
  4.8.4 And Other Types: Grographic Segmentation

Chapter 5: Crystal Oscillator Market by Mounting Type
To Be Continue…
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