Atomic Clock Market Size Emerging Trend, Top Companies, Industry Demand and Regional Analysis 2028

The Atomic Clock Market is expected to reach US$ 745.79 million by 2028. It is estimated to grow at a CAGR of 6.5% during 2022-2028.

The cesium atomic clock market demand is rising due to the growing need for improved precision in radio astronomy labs and metrology. Also, military, aerospace, and navigation satellites are among the critical applications for cesium atomic clocks, where they are used for the measurement of pulsar stability, differential GPS (DGPS), geographical exploration, global positioning systems (GPS), geology, paleontology, archaeology, and environmental studies. The US is the largest producer of cesium atomic clocks which is propelling the regional atomic clock market growth. China and Japan are major countries producing cesium atomic clocks in Asia Pacific. Moreover, two significant firms offering cesium atomic clocks are Microchip and Oscilloquartz. Also, Microsemi is the only commercial supplier of cesium beam-tube clocks, used in national laboratories across the world. Further, the Indian Space Research Organization (ISRO) has developed its own cesium atomic clock ensemble. Moreover, ISRO has been working on high precision atomic clocks based on rubidium. Such factors are bolstering the atomic clock market size.

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Analysis of the Top Market Players:

1. AccuBeat Ltd
2. Excelitas Technologies Corp
3. IQD Frequency Products Ltd
4. Leonardo SpA
5. Microchip Technology Inc
6. Orolia
7. Oscilloquartz SA
8. Stanford Research Systems Inc
9. Tekron
10. VREMYA-CH JSC

In this report, the market has been segmented on the basis of:

Type (Rubidium Atomic Clock and CSAC, Cesium Atomic Clock, and Hydrogen Maser Atomic Clock)
Application (Space and Military/Aerospace, Scientific and Metrology Research, Telecom and Broadcasting, and Other Applications)

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With the increasing number of consumers, telecommunication network providers require highly precise clocks for digital signals to be transmitted effectively. Compared to hydrogen maser atomic clocks, the cesium beam has a higher holdover, while hydrogen maser atomic clocks are more effective in size and power consumption. Therefore, the cost of hydrogen maser atomic clock is higher than the cesium beams atomic clock, which fuels the demand for atomic clock market. In addition, due to its high technology learning curve, hydrogen maser atomic clock manufacturing is a stringent process. The key requirements for the manufacture of these clocks are the highly-priced rare elements and the availability of technical workers. These are the main reasons for the reduction in the number of hydrogen maser atomic clock producers. However, the larger companies engaged in high technology production can enter the hydrogen maser atomic clock market size with the passage of time and increasing demand.

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