The global crystal oscillator market is anticipated to grow steadily in coming years owing to the rising need for stable frequency oscillators in global telecommunication industry. High demand for crystal oscillators in telecommunications industry can be attributed to the industry requirements for components that have high frequency, low cost, and lower power consumption. Rising demand for oven-controlled crystal oscillators is one of the key trends motivating the global crystal oscillator market.
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Crystal oscillators are electronic devices that are used for producing mechanical resonance of a piezoelectric vibrating crystal. Products in global crystal oscillator market are used most commonly to observe electrical signal they produce for keeping track of the time. They are also used for stabilizing the frequencies fir radio transmitters and receivers. Most commonly used products in global crystal oscillator market include relaxation crystal oscillators and linear crystal oscillators. They are used in various industry verticals such as electronics, telecommunication, defense, healthcare, IT infrastructure, military, and automotive.
Other factors stimulating the growth in global crystal oscillator market include growing demand from consumer electronic goods and rising awareness regarding the adoption of cutting-edge automation technologies in the sector. Products in crystal oscillator market are used in a diverse range of consumer electronic products including but not limited to, smart phones, wearable goods such as smart watches and health monitors, smart speakers, laptops, gaming consoles, and tablets. Crystal oscillators provide digital input, while enabling DAC to produce analog voltage output. DAC controls VCXO oscillator output, which, in turn, provides significant phase-noise performance.
China Crystal oscillator market Anticipated to Hold the Leading Share in Coming Years
High demand from automotive and consumer electronics manufacturing industries is anticipated to foster the growth in Asia Pacific crystal oscillator market in near future. Rising adoption of crystal oscillators in healthcare sector in India is also anticipated to boost the demand in the market. China is anticipated to hold the largest share in global crystal oscillator market in coming years, owing to the growing demand from electronics and consumer electronics industries.
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Some of the major players in global crystal oscillator market include microchip technology Incorporation, Vectron Limited, Samsung Electronics Corporations, Qualcomm Technologies, and Sony Corporation.