A crystal oscillator is an electronic oscillator which makes the usage of the crystal as a frequency selective material to gain an inverse piezoelectric effect. It makes the utilization of the mechanical resonance of the vibrating crystals, which already comprise of piezoelectric properties orderly to gain an electric signal with the frequency of the high precision.
The Crystal oscillator market was valued at US$ 2,082.5 Mn in 2021 and is forecast to reach a value of US$ 2,898.33 Mn by 2030 at a CAGR of 4.0% between 2022 and 2030.
Figure 1: Global Crystal Oscillator Market Value (US$ Mn) Analysis and Forecast, 2017 - 2030
Asia Pacific held a dominant position in the Global Crystal Oscillator Market Share in 2021
Asia Pacific held dominant position in the Global Crystal Oscillator Market in 2021, accounting for 34.2% share in terms of volume.
Figure 2: Global Crystal Oscillator Market Share (%), By Region, 2021
In January 2020, Murata introduced a new factory in the Vantaa, Finland. The present production and the product growth unit that is gained from the additional space that is costing to a third of its earlier dimension and the size. The whole area of the new plant is around 16,000 square meters. The value of the spending is around EUR 42 million.
In April 2021, The Epson approved the TG-5510CB temperature compensated the crystal oscillator TCXO for the applications and usage in the microwave and the base station ion the network tools and devices, with very huge stability and the huge resilience of the temperature.
Crystal Oscillator Market Report Coverage
|Base Year:||2021||Market Size in 2021:||US$ 2,082.5 Mn|
|Historical Data for:||2017 to 2020||Forecast Period:||2022 to 2030|
|Forecast Period 2022 to 2030 CAGR:||4.0%||2030 Value Projection:||US$ 2,898.33 Mn|
Murata Manufacturing Co. Ltd, Vectron International Inc., Siward Crystal Technology Co. Ltd, Kyocera Corporation, Nihon Dempa Kogyo (NDK) Co. Ltd, Seiko Epson Corp., Daishinku Corp., Hosonic Electronic Co. Ltd, TXC Corporation, Rakon Ltd and SiTime Corporation
|Restraints & Challenges:||
In the upcoming years the regions over globe are anticipated to adopt the 5G technology, later the market is being influenced for the 5G enabled services and the facilities such as the smart phones, networking devices and the IoT devices over the industries that are anticipated to inoculate the solutions.
The rising demand of the smart phones is anticipated to rise notably with the deployment of the 5G network. The 5G subscriptions are anticipated to cross 1.9 billion by the year 2024 as the operators in the Asia Pacific, North America and Europe are deploying the technology by the last of 2021, and certainly in various regions it crossed around 1.9 million subscribers.
The crystal oscillators are very energy efficient and are also very low budget however, their response changes as per the temperature and the age they need calibration and the circuitry. The crystals cannot be combined as the transistors and they require the interaction and the communication chips in which they transfer the clocks and refer to the frequency and need an exclusion zone over and under the oscillator to keep out signals that are interfering.
The quartz timing devices and tools have advocated any notable innovation and the creation in several decades and also have many restrictions, comprising the sensitivity to the vibration and the technical shock that is limited to the frequency ranges, susceptibility to the frequency shifts at a very particular and specific temperatures and the restricted programmability.
Where the silicon based timing tools are still not competent with the sophisticated works and the tasks as the crystal oscillators, they are being better and gradually replacing them in various circumstances. That would offer further synergies for the industry as a mass production that grows cheaper and the low budget and is very accessible.
Designers and modifiers and anticipated to expand the huge frequency and the very low jitter in the oscillators in the present market situation, whereas the buyers require very less cost and the rapid delivery and the transportation. The oscillators as per the duration chances can offer the huge desired performance whereas optimally recompensing design steps and are important to the cost effective solutions.
Market Key Takeaways/Trends:
Luckily, the continual competition amidst the players to push the limits of the technology and reduce the component price, oscillator producers continue to close the gap in between the huge level performance and the budget friendly buying with the conventional crystal technology combine with the configurable oscillator technology.
It is projected that the crystal oscillator market for the oscillators in the future, would be advantageous from the development of the consumer electronics sector. The penetration of the mobile phones in worldwide is known to be a much known phenomenon and the production is catapulting at a very huge rate.
Major companies involved in the global crystal oscillator market are Murata Manufacturing Co. Ltd, Vectron International Inc., Siward Crystal Technology Co. Ltd, Kyocera Corporation, Nihon Dempa Kogyo (NDK) Co. Ltd, Seiko Epson Corp., Daishinku Corp., Hosonic Electronic Co. Ltd, TXC Corporation, Rakon Ltd and SiTime Corporation.
Frequently Asked Questions