Global Crystal Oscillators Market is valued USD 2.57 billion in 2016 is anticipated to grow USD 3.83 billion with the compounded annual growth of 4.52% over the forecast period 2018-2025.
New York 16 Aug 2018, As per the new research study conducted by Bizwit Research & Consulting, Global Crystal Oscillators market industry is poised to raise USD XXX billion by 2025. Mainstream adoption of 4G /LTE networks, growing application of quartz-based consumer electronic products including radios, computers, and clocks, rising demand for advanced equipment from the healthcare industry, and increasing need for connected devices and smartphones are the major factors which are driving the growth in the Global Crystal Oscillators Market. A crystal oscillator is an electronic oscillator circuit that uses the mechanical resonance of a vibrating crystal of piezoelectric material to create an electrical signal with a precise frequency. A crystal oscillator, particularly one made of quartz crystal, works by being distorted by an electric field when voltage is applied to an electrode near or on the crystal. This property is known as electrostriction or inverse piezoelectricity. When the field is removed, the quartz – which oscillates in a precise frequency – generates an electric field as it returns to its previous shape, and this can generate a voltage. The result is that a quartz crystal behaves like an RLC circuit.
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Global Crystal Oscillators Market Size study, by Mounting Scheme (Thru-Hole and Surface Mount), by Crystal Cut (BT, AT, and SC), By General Circuitry (VCXO, SPXO, FCXO, OCXO, and TCXO), by Application and by Regional Forecasts 2018-2025
The industry is seeming to be fairly competitive. Some of the leading market players include Apple Inc., Miyazaki Epson Corp., Nihon Dempa Kogyo Co. Ltd., Samsung Electronics Co. Ltd., TXC Corp., LG Electronics Inc., Daishinku Corp., Texas Instruments Inc., Sony Corp., Vectron International. and so on. The fierce competitiveness has made these players spend in product developments to improve the customer’s requirements.
Key findings of the study:
- The North American region accounted for the significant market share, more than XX% of the total market in 2016.
- The Asia Pacific region will be the highest growing segment with respect to geographical segmentation, the region is likely to grow by XX% CAGR over the forecast period 2018-2025
Bizwit Research & Consulting LLP has considered following segments for the study:
By Mounting Scheme:
- Surface Mount
By General Circuitry:
- Consumer Electronics
- Medical Equipment
- IT and Telecom
- Military and Aerospace
- Research and Measurement
- North America
- Asia Pacific
- Latin America
- Rest of the World