Global Atomic Clock Market Growth (Status and Outlook) 2023-2029
Atomic clock is a clock device that uses an electron transition frequency in the microwave, optical, or ultraviolet region of the electromagnetic spectrum of atoms as a frequency standard for its timekeeping element.
LPI (LP Information)' newest research report, the “Atomic Clock Industry Forecast” looks at past sales and reviews total world Atomic Clock sales in 2022, providing a comprehensive analysis by region and market sector of projected Atomic Clock sales for 2023 through 2029. With Atomic Clock sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Atomic Clock industry.
This Insight Report provides a comprehensive analysis of the global Atomic Clock landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Atomic Clock portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Atomic Clock market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Atomic Clock and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Atomic Clock.
The global Atomic Clock market size is projected to grow from US$ 286.6 million in 2022 to US$ 416.9 million in 2029; it is expected to grow at a CAGR of 5.5% from 2023 to 2029.
Global Atomic Clock key players include Microsemi (Microchip), Orolia Group (Spectratime), Oscilloquartz SA, VREMYA-CH JSC, Casic, etc. Global top five manufacturers hold a share over 65%.
North America is the largest market, with a share over 35%, followed by Europe, and Asia-Pacific, both have a share over 55 percent.
In terms of product, Rubidium Atomic Clock & CSAC is the largest segment, with a share about 55%. And in terms of application, the largest application is Telecom or Broadcasting, followed by Scientific and Metrology Research, Space and Military or Aerospace, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Atomic Clock market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Rubidium Atomic Clock and CSAC
Cs Beam Atomic Clock
Hydrogen Maser Atomic Clock
Segmentation by application
Space and Military or Aerospace
Scientific and Metrology Research
Telecom or Broadcasting
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Microsemi (Microchip)
Orolia Group (Spectratime)
Oscilloquartz SA
VREMYA-CH JSC
Frequency Electronics, Inc.
Stanford Research Systems
Casic
AccuBeat Ltd
Chengdu Spaceon Electronics
Shanghai Astronomical Observatory
Please note: The report will take approximately 2 business days to prepare and deliver.
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