According to a new report, published by KBV research, The Global Oven-Controlled Crystal Oscillator (OCXO) Market size is expected to reach $562.4 million by 2030, rising at a market growth of 3.0% CAGR during the forecast period.
The Surface Mount segment is leading the Global Oven-Controlled Crystal Oscillator (OCXO) Market by Mounting Scheme in 2022 thereby, achieving a market value of $399.1 Million by 2030. Increased digital and analog signal transmission speeds, high-frequency effects, component shrinking, higher yield, and production efficiency are all factors that have contributed to the expansion of this market segment. Surface-mount oscillators are produced using a straightforward procedure at cheap material and labor costs. As a result, consumer electronics, telecom, and networking applications use these crystal oscillators more frequently.
The Consumer Electronics segment is showcasing a CAGR of 2.6% during (2023 - 2030). One of the main industries where OCXOs are used is consumer electronics. High-end video and audio gear, network time servers, as well as test and measurement tools, are a few notable trends in this industry. Because of their excellent stability, high-quality factor, and tiny size, OCXOs are used in applications in consumer electronics.
The Evacuated Miniature Crystal Oscillators (EMXO) segment acquired the maximum revenue share in the Global Oven-Controlled Crystal Oscillator (OCXO) Market by Type in 2022 thereby, achieving a market value of $336.2 Million by 2030. Since the oven in an EMXO is proportionately controlled, the thermal resistance between the oscillator enclosure and the oven affects how much power the oven uses. As a result, the oven uses three different types of heat transfer—convection, conduction, and radiation—to move heat from the oven to the casing while maintaining a fairly constant internal temperature.
The North America region dominated the Global Oven-Controlled Crystal Oscillator (OCXO) Market by Region in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $186.1 Million by 2030. The Europe market is anticipated to grow at a CAGR of 2.8% during (2023 - 2030). Additionally, The Asia Pacific market would witness a CAGR of 3.6% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/oven-controlled-crystal-oscillator-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Nihon Dempa Kogyo Co., Ltd., TXC Corporation, DAISHINKU CORP., SiTime Corporation, Rakon Ltd., Mercury Electronic Industrial Co., Ltd., Abracon LLC (The Riverside Company), Greenray Industries Inc., Seiko Epson Corporation, and Microchip Technology Incorporated
By Mounting Scheme
By Application
By Type
By Geography
Companies Profiled
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