Global Crystal Oscillator Market Is Expanding Owing To Rising Penetration of Smartphones and Tablets and Growing Technological Advancements

Crystal Oscillator 

Crystal oscillators are used in a variety of electronics systems. They are often used in communication, measuring and guidance systems. It is important to consider frequency stability when designing a crystal oscillator. Frequency changes are primarily caused by the shape and size of the crystal, as well as the temperature. Crystals with certain orientations or cuts can help minimize these changes. A good circuit can contribute less than half of the long-term frequency drift. The noise of the circuit also plays an important role. Temperature and mechanical strain can also impact the drive level. There are different ways to reduce these effects, including using a capacitor. A common-collector configuration is ideal for a low voltage capability. A compensation circuit helps to maintain the frequency stability of the crystal.

Market Dynamics:

Increasing technological advancements is anticipated to propel growth of the global crystal oscillator market during the forecast period. For instance, a California-based manufacturer of printers, system devices, Epson America Inc., launched the SG2520CAA quartz oscillator, in launched the SG2520CAA quartz oscillator. The crystal oscillators are suitable for high-reliability product applications consisting of low power consumption and wide operating voltage, making driving much more comfortable. Moreover, lack of new improvements and the outbreak of the pandemic is expected to hamper growth of the global crystal oscillator market during the forecast period.

The Crystal Oscillator Market was valued at US$ 2,082.5 Mn in 2021 and is forecast to reach a value of US$ 2,898.33 Mn by 2030 at a CAGR of 4.0% between 2022 and 2030.

Impact of COVID-19:

Many governments imposed complete lockdowns in many countries, during the outbreak of the virus. During the initial stages of the pandemic the demand for crystal oscillators decreased. This decrease in demand led to shutting down of several manufacturing units across the world. There was a shortage of raw materials during this time as supply chains were disrupted. Travel bans imposed, that impacted trade, even export and impost activities were banned. Al these factors affected the growth of the global crystal oscillator market in a negative manner. However, as these restrictions have been relaxed the market is anticipated to witness growth.

Key Takeaways:

The global market is anticipated to witness robust growth, exhibiting CAGR of XX% during the forecast period, owing to growing product approvals. For instance, Epson announced the approval of two novel goods TG2016SLA and TG2016SKA, in July 2020. These products have a result of frequency 13MHz to 55 MHz.

Asia Pacific is anticipated to witness significant growth in the global market over the forecast period, owing to growing semiconductor, and telecommunication device and equipment manufacturing in the region.

Major players operating in the global market are SiTime Corporation, Murata Manufacturing Co. Ltd, TXC Corporation, Vectron International Inc., Hosonic Electronic Co. Ltd, Siward Crystal Technology Co. Ltd, Daishinku Corp., Kyocera Corporation, Seiko Epson Corp., and Nihon Dempa Kogyo (NDK) Co. Ltd.