Global Timing Devices Market 2023-2027
The timing devices market is forecasted to grow by USD 1975.96 mn during 2022-2027, accelerating at a CAGR of 6.09% during the forecast period. The report on the timing devices market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased adoption of smartphones and tablets, miniaturization of electronic devices, and importance of resonators in functioning of electronic devices.
Technavio's timing devices market is segmented as below:
By End-user
- Consumer electronics
- IT and telecom
- Automotive
- Aerospace and defense
- Others
By Type
- Oscillators
- Resonators
- Clock generators
- Clock buffers
- Jitter attenuators
By Geography
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the growing miniaturization of crystal resonators as one of the prime reasons driving the timing devices market growth during the next few years. Also, rapid advances in mems technology and increasing adoption of wearable technology will lead to sizable demand in the market.
The report on the timing devices market covers the following areas:
- Timing devices market sizing
- Timing devices market forecast
- Timing devices market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading timing devices market vendors that include Abracon LLC, Adolf Wurth GmbH and Co. KG, Asahi Kasei Corp., Chroma ATE Inc., Corning Inc., HIOKI E.E. Corp., KYOCERA Corp., Meco Instruments Pvt. Ltd., Microchip Technology Inc., Milnec Interconnect Systems, Murata Manufacturing Co. Ltd., National Instruments Corp., Sanwa Electric Instrument Co. Ltd., Seiko Epson Corp., Silicon Laboratories Inc., STMicroelectronics International N.V., Texas Instruments Inc., Toshiba Corp., TXC Corp., and Yokogawa Electric Corp.. Also, the timing devices market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.