The Europe Crystal Oscillator Market would witness market growth of 3.5% CAGR during the forecast period (2023-2030).
The efficacy of the crystal oscillator is initially determined by a collection of high-level parameters, including its operating frequency, which can vary between several tens of kHz and hundreds of MHz to achieve frequency conversions beyond the fundamental range of an oscillator, such as those entering the GHz domain, oscillators typically employ a phase-lock loop (PLL) functioning as a frequency multiplier. Stability of frequency is the second most important performance factor for oscillators. This parameter specifies the degree to which external conditions induce a deviation in the output frequency from its initial value. Consequently, a smaller value for this variable is more desirable.
Emerging applications in automotive electronics are poised to bolster the market. Advanced driver-assistance systems (ADAS), vehicle-to-everything (V2X) communication, and autonomous driving functionalities rely heavily on precise timing for synchronization and data accuracy. Crystal oscillators will play a pivotal role in ensuring the reliability and synchronization of these systems, creating a new growth avenue for oscillator manufacturers.
According to the International Trade Administration (ITA), the automotive industry in Portugal contributes to the country's fiscal revenues by 21% and generates a business volume of 33.7 billion euros. This sector constitutes 11% of Portugal's overall exports. Furthermore, the automotive components sector in Portugal generated an approximate annual revenue of 10.7 billion euros in 2021, which accounted for 5.6% of the nation's gross domestic product. Portugal is a prominent supplier of batteries, glass, interiors, tires, plastic molds, metal works, car seats, cables and harnesses, and electronics to the automotive components industry, which has expanded by 200 percent over the last 15 years.
The Germany market dominated the Europe Crystal Oscillator Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $156.4 million by 2030. The UK market is registering a CAGR of 2.5% during (2023 - 2030). Additionally, The France market would showcase a CAGR of 4.3% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Crystal Oscillator Market will Hit 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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