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Introduction:
Crystal oscillator refers to an electronic device used for the mechanical resonance of a vibrating crystal composed of a piezoelectric material. It creates an electrical signal with a given frequency commonly used to keep track of time. For example, wristwatches are used in digital integrated circuits to provide a stable clock signal. It stabilizes frequencies for radio receivers and transmitters. The most commonly used crystal oscillators are linear and relaxation oscillators. These are designed to provide load resistance.
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The high demands on crystal oscillators come from electronics industries, IT infrastructure companies, telecommunications, military and defense, automotive industry, healthcare companies, etc.
global investors to invest in this market.
The crystal oscillator market is expected to thrive worldwide and experience remarkable progress in the years to come despite the Covid-19 pandemic. It is expected to grow at a stable CAGR until 2030.
Key factors:
The growing need for stable frequency oscillators in the telecommunications industry is driving the growth of this market across the world. Telecommunications industries need low power, low cost, high frequency components. Market growth is flourishing due to the high demand for furnace driven crystal oscillators in telecommunications.
The growing demand for crystal oscillators in the electronics industry such as smartphones, laptops, portable devices, tablets, smart speakers, game consoles, etc. increases progress by creating lucrative opportunities for players in this market. These oscillators provide a digital input while the DAC produces an analog voltage output which controls the output of the VCXO oscillator providing brilliant phase noise performance.
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Awareness of the adoption of the latest automated technologies promotes the use of crystal oscillators across the world.
Automotive industries use these crystal oscillators in automotive navigation, wireless communication for remote keyless entry, advanced driver assistance systems, etc. which is expected to trigger the market advance.
Technological advancements in the healthcare industry are driving high demands for crystal oscillators, as medical equipment requires highly efficient crystal oscillators.
Key restrictions:
The invention of Si MEMS creates a challenge for the growth of crystal oscillator market because it can act as a better substitute according to users. Si MEMS are more compact, consume less power and offer greater efficiency compared to crystal oscillators.
The frequency of oscillations cannot be changed appreciably in crystal oscillators, which can hamper the progress of the market.
These oscillators are fragile and can only be used in low power circuits. Using them in high power circuits can be dangerous in many cases.
Crystal oscillators are prone to stability issues that can significantly help limit progress as they degrade performance and can cause technical and even legal issues.
Impact of COVID-19:
The crystal oscillator market has seen a decline in its growth rate due to the spread of the Covid-19 pandemic. At the onset of the crisis, a full lockdown was implemented by government around the world to curb the spread of the disease, leading to market progress being suspended. The pandemic has created disruptions in the production and supply of crystal oscillators. Although this decline in demand and sales of crystal oscillators has existed for a particular period of time. Due to slowing economic conditions in countries around the world, the government has had to lift the lockdown.
The players in this market have seen the worst. After the relaxations, these players began to work with few workers and employees in their factories and organizations. They are actively adopting organic and inorganic strategies to dominate the market and recoup past losses incurred due to foreclosure, which again helps the market move forward. Market players are changing their operations and working with innovative ways to deal with the restrictions imposed by the pandemic.
It is expected that the market will grow significantly and experience substantial progress until 2030.
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Forecast by region:
The crystal oscillator market is going through a favorable phase in the Asia-Pacific region owing to the increasing adoption of different industrial solutions in the automotive sector and the growing demand for consumer electronics devices. China is expected to dominate the global crystal oscillator market with half of the market share. In China, manufacturers of electronic gadgets are investing in this market as they are increasingly used in electronic products such as radios, clocks, smartphones, computers, tablets, game consoles, speakers smart phones, VR headsets, etc.
The use of crystal oscillators in smartphones, tablets, laptops, etc. contributes to the lucrative progress of this market because these gadgets are in constant demand. These oscillators use the mechanical resonance of the vibrating crystal to create an electrical signal. Moreover, the increasing adoption of these oscillators in the healthcare industry in India is exploding the advancement of the market. In the healthcare industry, it offers shock resistance, low phase noise, low G sensitivity, and does not interfere with the functions of machines providing stable and reliable clock signals to provide correct information.
On the other hand, the United States is expected to experience a stable CAGR rate globally. It is estimated to be growing exponentially due to the increase in applications in portable electronic devices, infotainment systems in vehicles, automatic driver assistance systems in automotive industries, etc. The adoption of the latest technologies by manufacturers in Canada and Mexico is driving the growth of this market. Telecommunications industries also create potential opportunities for market players. Telecommunications industries need very stable, low power consumption and economical crystal oscillators, which meet the requirements of these oscillators in regions of North America, making them the second market leader after Asia-Pacific.
In addition, Europe is expected to achieve a stable growth rate in the coming years due to the increasing adoption of automated technologies and the growing demand from the industrial, healthcare, telecommunications and defense industries. . The growing need for convenience is making its full contribution to the growing demands of the market.
By assembly diagram:
- Surface mount
- Through the hole
By Crystal Cut:
By general circuit:
- Packaged Single Crystal Oscillator
- Temperature compensated crystal oscillator
- Voltage Controlled Crystal Oscillator
- Frequency Controlled Crystal Oscillator
- Furnace Controlled Crystal Oscillator
By application:
- Telecom and networks
- Consumer electronics
- Military and aeronautics
- Research and measurement
- Industrial
- Automotive
- Medical
By region:
- Asia Pacific
- North America
- Europe
- Middle East and Africa
- South America
Competitive landscape:
The crystal oscillator market is moderately fragmented with the presence of leading industrial players as well as new players competing fiercely. These market players adopt various strategies to achieve a leading position in the market, such as collaborations, joint ventures, partnership agreements, new product launches, expansions, research and development, etc.
Some of the reputed players in this market are Siward Crystal Technology, Seiko Epson Corporation, TXC Corporation, Nihon Dempa Kogyo Corporation, Kyocera Crystal Device Corporation, Daishinku Corporation, Microchip Technology Incorporation, Murata Manufacturing Company, Hosonic Electronic Company, SiTime Corporation, Siward Crystal Technology , Vectron Limited, River Electec Corporation, Fox Electronics, Intel Corporation, Qualcomm Technologies Incorporation, Sony Corporation, Samsung Electronics Corporations, Advanced Micro Devices Incorporation, etc.
For example, Seiko Epson Corporation introduced two new types of crystal oscillators called TG2016SKA and TG2016SLA TCXO in July 2020, which are automotive grade, AEC-Q100 compliant, and temperature compensated for use in automotive applications. Nihon Dempa Kogyo Corporation, on the other hand, has introduced a low phase noise, compact, high frequency, temperature compensated TCXO cryster oscillator to the market to attract customer’s attention. Adopting new product launches as a strategy helps companies expand their global presence and retain customers.
In addition to this, Epson Corporation and Rohde & Schwarz announced their joint venture to develop a modern test procedure to measure power supply noise rejection to bring clarity and precision to the world’s signal integrity design challenges. real. Through this joint venture, the two companies decided to introduce and demonstrate the procedure and summary data of Epson SG3225EEN which is a low noise differential crystal oscillator as measured by the R&S FSWP phase noise analyzer of Rohde & Schwarz.
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