The global crystal oscillator market is expected to gain promising sales avenues in the forthcoming years. One of the key factors fueling the market demand include increased use of this product in a wide range of end-user industries such as IT infrastructure, electronic industries, telecommunication, healthcare companies, automotive, and military and defense industries to manufacture clock signals.
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Crystal oscillator can be defined as an electronic device utilized for mechanical resonance of a vibrating crystal manufactured using piezoelectric material. This device holds an ability to create electrical signal using a given frequency generally utilized to track time. The companies working in the telecommunication industry need components with cost efficiency, high frequency, and low power consumption. As a result, these companies are increasingly growing demand for oven-controlled crystal oscillators. Thus, remarkable growth in the use of stable frequency oscillators in telecommunication industry is projected to drive the expansion of the global crystal oscillator market in the forthcoming years.
Crystal oscillator offers digital input as the DAC creates analog voltage output, which manages the VCXO oscillator output offering superior phase-noise performance. In electronic sector, there is extensive growth in the use of crystal oscillator in various products such as laptops, smartphones, tablets, wearables, game consoles, and smart speakers. This scenario is creating promising sales avenues for vendors working in the global crystal oscillator market.
Automotive Sector: One of the Prominent Product End-User Industries
Over the period of past few years, there is notable growth in awareness pertaining to the acceptance of advanced automated technologies in various industries. Owing to this factor, there is remarkable growth in the use of crystal oscillators. In the automotive industry, crystal oscillators are used for various purposes including wireless communication for remote keyless entry, in car navigation, and advanced driver assistance systems. This scenario is estimated to boost the sales of the global crystal oscillator market in the years to come.
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