The global crystal oscillator market size is estimated to reach $5.02 billion by 2030, growing at a CAGR of 5.8% from 2022 to 2030. Crystal oscillator circuit is a resonating device that uses a piezoelectric crystal resonator to produce electric pulses with precise frequency via mechanical vibrations. A piezoelectric material is used in these crystals owing to the advantages of crystal oscillator such as converting mechanical vibrations into electric pulses and vice versa. These advantages have broadened the areas of applications of crystal oscillator. A crystal oscillator is a type of electronic oscillator/frequency oscillator that produces oscillations of a certain frequency. These crystals are utilized in digital devices such as integrated circuits, radio transmitters, and watches to produce clock signals.
One of the several factors that increase the demand for crystal oscillators is the requirement of highly stable frequency oscillators in the telecommunication industry. Furthermore, there is continuous increasing need for more compact telecommunication components with low power consumption and cost efficiency, which is served by intensive R&D activities in the crystal oscillator market. Among all the crystal oscillators, oven-controlled crystal oscillators offer the unmatched frequency stability and are best suited for telecommunication applications. In addition, the demand for crystal oscillator circuits in portable electronic devices , infotainment system in vehicles, automatic driver assist systems (ADASs) in the automotive industry drive the growth of crystal oscillator market. The wide range of crystal oscillator application includes industries such as electronics, IT & telecommunication, automotive & transport, and aerospace & defense.
Factors that hamper the crystal oscillator market include the invention of si-MEMS oscillators, which are more compact, require lesser power, and have greater efficiency. However, the frequency stability of si-MEMS oscillators is still several times less than crystal oscillators, especially oven-controlled crystal oscillators. Thus, the impact of this factor is expected to diminish slowly as the key players in crystal oscillator market constantly carry out extensive R&D to produce crystals with more compact body size and enhanced frequency stability.
MARKET SEGMENTATION
The market is segmented on the basis of technology, type, mounting scheme, industry vertical, and geography.
By Type
Voltage-Controlled Crystal Oscillator
Temperature-Compensated Crystal Oscillator
Oven-Controlled Crystal Oscillator
Others
By Technology
AT Cut
BT Cut
SC Cut
By Mounting Scheme
Surface Mount
Thru-Hole
By Industry Vertical
Electronics
IT & Telecommunication
Military & Defense
Automotive & Transport
Others
BY GEOGRAPHY
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
South Korea
Australia & New Zealand
Rest of APAC
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Argentina
Brazil
Rest of South America
MARKET PLAYERS IN VALUE CHAIN
Murata Manufacturing Co. Ltd
Seiko Epson Corporation
Kyocera Corporation
Rakon Ltd
Vectron International Inc.
TXC Corporation
SiTime Corporation
Daishinku Corp.
Siward Crystal Technology Co. Ltd
Hosonic Electronic Co. Ltd
Nihon Dempa Kogyo (NDK) Co. Ltd
Other Prominent Players
