The Asia Pacific Crystal Oscillator Market would witness market growth of 3.9% CAGR during the forecast period (2023-2030).
Oscillators are types of electronic circuits that produce a precise frequency electrical signal through the utilization of oscillating crystal mechanical resonance. The crystal in motion is referred to as piezoelectric material. Although various piezoelectric resonance devices exist, these oscillators frequently employ quartz crystal circuits called crystal oscillators.
As the demand for accessibility and convenience increases, wireless interconnections such as remote keyless entry are becoming more prevalent. Crystal apparatus, including quartz crystal modules and crystal oscillators, exhibit enhanced durability and resistance to environmental fluctuations. As a result, their use as frequency regulators in electronic circuits is growing. It is also envisaged that the automotive industry will increase its use of crystal oscillators.
According to the China Academy of Information and Communications Technology, China's electronics manufacturing sector grew steadily throughout the first two months of 2023. The Academy sa id the industry significantly contributed to the country's industrial growth. From January to February, the added value of key electronics manufacturers increased by 12.7% year over year, compared to the 7.5 percent rise witnessed in the total industrial sector. Additionally, according to the Ministry of Industry and Information Technology's 2022 report, China leads the world in consumer electronics manufacturing and sales due to its improved innovation and brand-building capabilities.
The China market dominated the Asia Pacific Crystal Oscillator Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $554.9 million by 2030. The Japan market is showcasing a CAGR of 3.2% during (2023 - 2030). Additionally, The India market would register a CAGR of 4.5% during (2023 - 2030).
Based on Mounting Scheme, the market is segmented into Surface Mount and Through-Hole. Based on Crystal Cut, the market is segmented into AT Cut, BT Cut and SC Cut. Based on General Circuitry, the market is segmented into Temperature-Compensated Crystal Oscillator (TCXO), Voltage-Controlled Crystal Oscillator (VCXO), Frequency-Controlled Crystal Oscillator (FCXO), Oven-Controlled Crystal Oscillator (OCXO), Simple Packaged Crystal Oscillator (SPXO), and Others. Based on Application, the market is segmented into Consumer Electronics, Telecom & Networking, Military & Aerospace, Healthcare & Lifesciences, Automotive, Research Measurement, Industrial, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Global Crystal Oscillator Market is Predict to reach USD 3.8 Billion by 2030, at a CAGR of 3.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Seiko Epson Corporation, Nihon Dempa Kogyo Co., Ltd., Kyocera Corporation, Daishinku Corp, SiTime Corporation, SIWARD Crystal Technology Co., Ltd., TXC Corporation, HOSONIC TECHNOLOGY (GROUP) CO., LTD., Microchip Technology Incorporated, and Murata Manufacturing Co., Ltd.
By Mounting Scheme
By Crystal Cut
By General Circuitry
By Application
By Country
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