Global Crystal Oscillator Market Size, Share & Industry Trends Analysis Report By Mounting Scheme (Surface Mount and Through-Hole), By Crystal Cut (AT Cut, BT Cut and SC Cut), By General Circuitry, By Application, By Regional Outlook and Forecast, 2023 -

Global Crystal Oscillator Market Size, Share & Industry Trends Analysis Report By Mounting Scheme (Surface Mount and Through-Hole), By Crystal Cut (AT Cut, BT Cut and SC Cut), By General Circuitry, By Application, By Regional Outlook and Forecast, 2023 - 2030

The Global Crystal Oscillator Market size is expected to reach $3.8 billion by 2030, rising at a market growth of 3.7% CAGR during the forecast period.

The consumer electronics’ expansion is propelled by the demand for more advanced consumer electronic devices, which necessitate accurate timing and frequency regulation. Therefore, the Consumer Electronics segment acquired $1,083.1 million in 2022. The IoT comprises a network of tangible objects, including vehicles, household appliances, and other items, equipped with connectivity, software, sensors, actuators, and electronics. This integration empowers these objects to communicate and share information. These are critical in IoT devices, enabling precise frequency and timing regulation. Some of the factors impacting the market are increasing adoption of crystal oscillators in aerospace and defense applications, rising growth of 5G technology, and frequency drift issues in crystal oscillators.

Crystal oscillators are indispensable for generating stable and accurate frequencies in aerospace and defense applications. Their dependability and precision render them essential components in various systems and apparatus. Communication systems are one of the principal applications of crystal oscillators in aerospace and defense. Stable carrier frequencies are critical in radio, radar, and satellite communication systems because they can produce such frequencies. It furnishes an indispensable frequency reference for these systems to function precisely. Additionally, Regions worldwide are expected to embrace 5G technology in the coming years. The demand for crystal oscillators in these regions will be impacted by 5G-enabled facilities and services across the industries expected to implement the solutions, including smartphones, networking devices, and Internet of Things (IoT) devices. These are of utmost importance in this intricate framework as they guarantee synchronization with stringent timing protocols and fulfill the requirements of 5G for high bandwidth and low latency. They enable critical transmission protocols to function efficiently and supply the accuracy required for cutting-edge technologies. It conforms to the critical reflow temperature curve at high temperatures, facilitating efficient communication. Thus, with the global expansion of the 5G network comes a significant increase in manufacturing high-performance crystal oscillators, which in turn propels the growth of the market.

However, stability loss is a substantial obstacle posed by the phenomenon of "drift" in crystal oscillators. This phenomenon may result in performance degradation and various technical or legal complications. Extended periods of operation produce thermal energy, which has the potential to disrupt the stability of components such as resistors, capacitors, and inductors. This is particularly significant in scenarios where the oscillator is subjected to severe environmental conditions. The duration between the occurrence of drift and its detection is critical, as it can potentially cause stability issues that negatively affect the operation of devices that use the oscillator. As a result, the market expansion of crystal oscillators is being impeded by the issue of drift that develops with prolonged use.

Mounting Scheme Outlook

On the basis of mounting scheme, the market is divided into surface mount & through-hole. The surface mount segment garnered the maximum revenue share in the market in 2022. Surface mount crystals offer a dependable, lengthy-lasting solution for various applications. The leads of a device with surface mount capabilities can be soldered directly to the terminals on the circuit board surface before packaging. Surface-mounted crystals, available in custom and standard frequencies, find extensive application in the Internet of Things (IoT) ecosystem, smart security systems for homes, computers, wearable devices (e.g., smartwatches), Wi-Fi, and other connectivity-related domains.

Crystal Cut Outlook

On the basis of crystal cut, the market is classified into AT cut, BT cut, and SC cut. In 2022, the SC cut segment witnessed considerable revenue share in the market. SC cut crystals are renowned for their superior temperature stability compared to other crystal cuts. Their inherent design minimizes frequency changes caused by temperature variations, making them ideal for applications where consistent performance across a wide temperature range is crucial. This stability is particularly valuable in aerospace, satellite communications, military equipment, and scientific instrumentation, where environmental conditions can be extreme and consistent timing is essential.

General Circuitry Outlook

Based on general circuitry, the market is categorized into simple packaged crystal oscillator (SPXO), temperature-compensated crystal oscillator (TCXO), voltage-controlled crystal oscillator (VCXO), frequency-controlled crystal oscillator (FCXO), oven-controlled crystal oscillator (OCXO), and others. The voltage-controlled crystal oscillator (VCXO) segment garnered a substantial revenue share in the market in 2022. The adoption of VCXOs has been steadily growing due to their versatility and ability to provide frequency-tuning capabilities, meeting the demands of various applications across different industries. VCXOs find extensive use in clock and timing circuits of electronic devices where frequency adjustments are necessary. These oscillators are employed in network switches, routers, and signal processing equipment, enabling precise synchronization and clock recovery in complex systems.

Application Outlook

On the basis of application, the market is divided into telecom & networking, consumer electronics, military & aerospace, research measurement, industrial, automotive, healthcare & life sciences, and others. In 2022, the automotive segment recorded a remarkable growth rate in the market. Crystal devices supply safety components not only for secure transportation but also for applications where security is critical. Automobile crystals are a significant and expanding industry. Crystals also offer many other benefits beyond their utility in enhancing visibility and precision while driving. Crystal devices have revolutionized the driving experience and stimulated innovation in the automotive industry. Automobiles are led by crystal oscillators, which facilitate the implementation of cutting-edge functionalities and enhance safety and performance.

Regional Outlook

Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The Asia Pacific region witnessed the maximum revenue share in the market in 2022. The region is a major automotive industry consumer, and demand for crystal oscillators is propelled by the industry's increasing adoption of electronic components. Asia-Pacific, including Japan, China, Taiwan, and South Korea, is a significant manufacturing center for electronic devices. The escalating demand for electronic devices such as smartphones, tablets, and wearables propel the necessity for crystal oscillators.

The leading players in the market are competing with diverse innovative offerings to remain competitive in the market. The above illustration shows the percentage of revenue shared by some of the leading companies in the market. The leading players of the market are adopting various strategies in order to cater demand coming from the different industries. The key developmental strategies in the market are Acquisitions, and Partnerships & Collaborations.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Seiko Epson Corporation, Nihon Dempa Kogyo Co., Ltd., Kyocera Corporation, Daishinku Corp, SiTime Corporation, SIWARD Crystal Technology Co., Ltd., TXC Corporation, HOSONIC TECHNOLOGY (GROUP) CO., LTD., Microchip Technology Incorporated, and Murata Manufacturing Co., Ltd.

Strategies Deployed in Crystal Oscillator Market

Jul-2023: SiTime Corporation introduces the latest addition, SiT5543, to its resilient Endura™ MEMS Super-TCXO® lineup. Operating in temperatures from -40 °C to 95 °C and maintaining accuracy during vibrations, SiT5543 offers ±5 ppb frequency stability, surpassing other crystal-based TCXOs in the market. This product ensures rapid, low-latency data transmission with minimized error rates in dynamic operating conditions.

Jul-2023: Kyocera Corporation and Kyudenko Corporation have joined forces to establish a new company, Kyocera Green Innovation, LLC, dedicated to renewable energy services. The venture aims to focus on the installation of solar carports and selling the generated electricity to clients. Kyocera Green Innovation will promote an on-site Power Purchase Agreement (PPA) model, allowing customers to deploy solar power systems in parking lots without an initial investment. Leveraging Kyocera's advanced solar system technology and Kyudenko's expertise in operating carports and mega-solar installations, the collaboration aims to capitalize on the expanding renewable energy market.

May-2023: Kyocera Corporation introduced two new Carbide Grades, CA115P and CA125P, featuring a durable CVD coating for turning inserts used in industrial and automotive steel machinery. The advanced coating exhibits high resistance to wear and fractures, leading to extended tool life. Kyocera's crystal forming technology ensures a uniformly strong alumina layer during the Chemical Vapor Deposition process, resulting in 1.5 times greater wear resistance compared to alternative products. CA125P is designed for versatile operating conditions, while CA115P grades excel in high-efficiency machining conditions.

Jan-2023: Seiko Epson Corporation has introduced two novel families of Real-Time Clock (RTC) modules, catering to distinct markets. Specifically, the Epson RX4901CE and RX8901CE are tailored for commercial and industrial sectors, while the Epson RA4000CE and RA8000CE family targets the automotive market. Distinguished by an integrated 32.768 kHz digital temperature-compensated crystal oscillator (DTCXO), the RX4901CE and RX8901CE RTC modules aim to mitigate errors arising from temperature fluctuations. By prioritizing precision and minimizing power consumption, Epson endeavours to meet the stringent accuracy requirements of its customers.

Aug-2022: Seiko Epson Corporation has introduced two novel quartz crystal families, namely FC2012AN and FC3215AN, characterized by remarkably low Equivalent Series Resistance (ESR) and exceptionally precise frequency tolerance. These newly unveiled Epson FC2012AN and FC3215AN quartz crystal units exhibit robust performance with an impressively low ESR of 35kΩ (typical) and support a broad operating temperature range spanning from -40 to 105 degrees Celsius. Moreover, these crystals maintain a fixed frequency tolerance of ±20ppm. The FC2012AN boasts a compact size of 2.0 x 1.2mm, while the FC3215AN measures 3.2 x 1.5mm.

Jul-2022: SiTime Corporation has entered into a partnership with Oregano Systems, an electronics design and consulting service firm. As part of this partnership, the companies will jointly provide customers with a comprehensive IEEE 1588 synchronization solution that integrates the software and hardware of both entities. This product serves as a cost-effective alternative to GPS clocks. The IEEE 1588 precision time protocol (PTP) is essential for synchronizing clocks across time-sensitive networks, with applications in various sectors such as 5G mobile networks, data centers, and industrial IoT networks.

May-2022: SIWARD Crystal Technology Co., Ltd. entered into partnership with Digi-Key, an American-based electrical and electronics manufacturer. Through this partnership, SIWARD aims to enhance its global presence by leveraging Digi-Key's extensive worldwide sales network, offering its comprehensive portfolio to customers across the globe.

Jul-2021: Microchip Technology Inc. has introduced a cutting-edge network synchronization platform known as ZL3073x/63x/64x. This platform integrates advanced measures, calibration, and adjustment capabilities, significantly reducing time errors in network equipment to meet the stringent demands of 5G. Moreover, the inclusion of high-performance, low-jitter synthesizers simplifies the design process for timing cards, line cards, Radio Units (RU), Centralized Units (CUs), and Distributed Units (DUs).

Apr-2020: Microchip Technology Inc. has introduced the 53100A Phase Noise Analyzer, aiming to assist researchers and manufacturing engineers in precisely measuring frequency signals. This advanced analyzer is capable of measuring RF signals up to 200MHz and is expected to be applied in various areas, including the measurement of frequency signals generated for 5G networks, data centers, commercial and military aircraft systems, space vehicles, and more.

Jun-2020: Murata Manufacturing Co., Ltd. has launched a multilayer power inductors LQM18DN_70 series for low energy applications Bluetooth. LQM21FN_80 series has compact size and can handle large current flows. With this product Murata wants to target wearable devices segment which needs low power inductors for longer battery life and thus make LQ21FN_80 series best fit for them.

Jan-2020: Seiko Epson Corporation has formed a strategic partnership with Rohde & Schwarz GmbH & Co. KG, a specialized company in test equipment, broadcasting, radio communication, and cybersecurity. Together, these companies will collaborate on the development of an advanced testing methodology to measure power supply. This methodology will integrate data from Epson's SG3225EEN low noise differential crystal oscillator, which will be measured using Rohde & Schwarz's R&S FSWP phase noise analyzer.

Scope of the Study

Market Segments covered in the Report:

By Mounting Scheme

• Surface Mount
• Through-Hole

By Crystal Cut

• AT Cut
• BT Cut
• SC Cut

By General Circuitry

• Temperature-Compensated Crystal Oscillator (TCXO)
• Voltage-Controlled Crystal Oscillator (VCXO)
• Frequency-Controlled Crystal Oscillator (FCXO)
• Oven-Controlled Crystal Oscillator (OCXO)
• Simple Packaged Crystal Oscillator (SPXO)
• Others

By Application

• Consumer Electronics
• Telecom & Networking
• Military & Aerospace
• Healthcare & Lifesciences
• Automotive
• Research Measurement
• Industrial
• Others

By Geography

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe
• Asia Pacific
• China
• Japan
• India
• South Korea
• Singapore
• Malaysia
• Rest of Asia Pacific
• LAMEA
• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA

Companies Profiled

• Seiko Epson Corporation
• Nihon Dempa Kogyo Co., Ltd.
• Kyocera Corporation
• Daishinku Corp.
• SiTime Corporation
• SIWARD Crystal Technology Co., Ltd.
• TXC Corporation
• HOSONIC TECHNOLOGY (GROUP) CO., LTD.
• Microchip Technology Incorporated
• Murata Manufacturing Co., Ltd.

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