Crystal Oscillator Market Survey Report – Recent Trends, Growth Opportunities, and Market Size and Share Global Forecast Analysis – 2024 - 2032

Crystal Oscillator Market Survey Report – Recent Trends, Growth Opportunities, and Market Size and Share Global Forecast Analysis – 2024 - 2032

Crystal Oscillator market revenue to generate USD 3.2 billion by 2032, according to KDMI analyst’s growth analysis. The market is segmented by Type, Mounting Scheme, Crystal Cut type, General Circuit type, and by region.

Crystal Oscillator Market Size Survey Report – In a Glance

As per the survey report on global crystal oscillator market, the market is projected to foresee a CAGR of 4.5% between 2024-2032, and further generate a market size of USD 3.2 billion by the end of 2032. In the year 2023, the market size was valued at USD 2.3 billion.

• The global Crystal Oscillator Market is projected to grow on account of the increasing demand for electronic devices across various industries.
• In Japan, the Crystal Oscillator market growth can be attributed to the growing automotive industries and their demand for electronic tools.
• KDMI analyst’s growth analysis foresees availability of cost-effective and more reliable technologies instead of crystal oscillators to challenge the market growth.
• The Asia Pacific crystal oscillator market is projected to dominate the global market.

Crystal Oscillator Market Analysis

Crystal Oscillators is an electronic oscillator which makes the usage of the crystal as a frequency selective material to attain an inverse piezoelectric effect. It makes the implementation of vibrating crystals, which already comprise of the properties well-arranged to gain an electric signal with high precision frequency. Crystal Oscillators usage is increasing rapidly and actively due to its increasing demand across telecommunications, electronics, automotive, and industrial applications worldwide. The key factors that contribute to the enhanced market growth include the rising adaptation of the advanced technologies like smart appliances, IoT devices, 5G & 6G networks, which need high-performance crystal oscillators for the operations. Additionally, advancement in the crystal oscillator technology, for instances surface acoustic wave (SAW), voltage-controlled crystal oscillators (VCXOs) and temperature-compensated crystal oscillators (TCXOs), are improving frequency, reducing power consumption and enhancing overall performance. Texas Instruments Incorporated Nihon Dempa Kogyo Co., Ltd. (NDK) Kyocera Corporation Murata Manufacturing Co., Ltd. Seiko Epson Corporation. are some of the significant parties in the global market for Crystal Oscillator.

Analyst’s Observation on Japan Crystal Oscillator Market Survey

In Japan, crystal oscillator market growth is aligned with global trend of automotive production. The Japanese automotive industry is developing rapidly being the world’s 3rd largest, and includes 78 factories across 22 regions leading to employment of over 5.5 million people serving the nation’s economic growth. Japan is a global leader when it comes to motor vehicle manufacturing, home to Toyota, Nissan, Mazda, Honda, Suzuki and Mitsubishi. The industry is growing by using advanced electronic equipment’s in vehicles for navigation, entertainment and safety features using crystal oscillators. Seiko Epson Corporation, Nihon Dempa Kogyo Co. LTD., and Kyocera Corporation are some of the significant parties in the market for Crystal Oscillator in Japan.

Crystal Oscillator Market Growth Drivers and Challenges

Increasing implementation in defense and aerospace application:

Crystal oscillators are used for accurate and secure frequency generation in aerospace and defense applications. The aerospace and defense sector requires a precise device for the communication purpose where crystal oscillators provide them with accurate information to rely on. Their precision and reliability make them requisite in various systems and equipment application such as radio, radar, satellite communication systems, as they carry stable frequencies and transmission and reception of signals, even in testing environment. Crystal Oscillators are used in a wide range of aerospace and defense applications such as military radar, satellite communication system, aircraft and spacecraft avionics system, and for test and measurement equipment’s.

Dependency on external factors for production:

The crystal oscillators are made up of three main components crystal resonator, an amplifier, and a feedback circuit. Making up of these components is done by natural or synthetic quartz. Quartz is a mineral made up of silicon and oxygen in a framework of silicon-oxygen tetrahedra (SiO4), being one of the most abundant minerals on the Earth’s surface. It is extracted from the Earth’s surface by mining and quarrying i.e. digging it out from the earth’s crust. The dependency on its formation period and location to be mined affects the extraction rate. The availability of the primary resources is a big challenge as it keeps on rising and falling as per the extraction and production rate.

Crystal Oscillator Market Segmentation

Our experts at KD Market Insights have segmented the global Crystal Oscillator market research report as:

Crystal Oscillator Market Regional Synopsis

The Asia Pacific has the largest share of crystal oscillator market and is majorly driven by increased demand for the product in the automotive sector, where usage of electronic components is increasing. They are used in a variety of automotive applications, such as airbags system, engine control modules, and driver-assistant system. The increasing demand for smartphones, tablets, wearables, and other electronic devices drives the need for crystal oscillators.

As per our analysts at KD Market Insights, the following five players lead the Asia Pacific has the highest market share Crystal Oscillators market growth:

• Nihon Dempa Kogyo Co. Ltd.
• TXC Corporation
• Kyocera Crystal Device Corporation
• Seiko Epson Corporation
• Daishinku Corp.

Crystal Oscillator Market Competitive Landscape

Some of the key players who top the global Crystal Oscillator market share:

• Sieko Epson Corporation
• NIHON DEMPA KOGYO CO., LTD.
• Kyocersa Corporation
• Daishinku Corp.
• SiTime Corporation
• SIWARD Crystal Technology Co., Ltd.
• TXC Corporation
• Microchip Technology Inc.
• Murata Manufacturing Co., Ltd.

Crystal Oscillator Market Recent Developments

• SiTime Corp. unveiled the SiTime Epoch Platform, introduces a MEMS-Based, oven-controlled oscillators (OCXO) that provides exceptionally stable clock signals for data center and network infrastructure equipment. MEMS-OCXO has acquired top spot among 100+ products in the Mixed Signal IC Category.
• Japan's Kyocera Technology awarded prize for world's smallest crystal units, which apply plasma CVM technology. The company has received the 42nd Inoue Harushige Prize for developing ultra-small quartz crystal units for smartphones, wearable devices and innovative IoT solutions.