Global Chip Scale Atomic Clock (CSAC) Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Chip Scale Atomic Clock (CSAC) Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Chip scale atomic clock (CSAC) is a compact, low-power atomic clock fabricated using techniques of microelectromechanical systems (MEMS) and incorporating a low-power semiconductor laser as the light source. CSACs grew out of a convergence of atomic spectroscopy, silicon micromachining, and semiconductor laser technology in the early 2000s.

Market Overview:

The latest research study on the global Chip Scale Atomic Clock (CSAC) market finds that the global Chip Scale Atomic Clock (CSAC) market reached a value of USD 33.69 million in 2022. It’s expected that the market will achieve USD 50.67 million by 2028, exhibiting a CAGR of 7.04% during the forecast period.

Opportunities and Drivers

CSAC provides high precision frequency standard signals, and as a new type of atomic clock, has the remarkable features of miniaturization and low power consumption. CSACs can be used in military, satellite navigation, oil exploration, underwater sensors, and civil communications applications. Using CSACs, military patrols can travel on foot and still carry backpack-sized jammers to prevent radio-controlled improvised explosive devices from detonating. The small size and low power consumption of CSACs are critical for this mobile application, and the accuracy of atomic clocks prevents these devices from jamming themselves or sending signals that overwhelm friendly radio signals. CSACs are also used by the military to enable drones (which can fly farther and longer without getting lost if they lose GPS signals or have their signals jammed). Military radios use very precise timing to divide frequencies and create safe channels. Beyond the wireless scenario, CSACs can also improve the discovery of underwater oil and mineral deposits. When a ship surveys the seafloor, it drops an array of sensors with built-in atomic clocks to use a technique called reflection seismic. These sensors map subsurface structures by tracking the time it takes for acoustic pulses to travel across the seafloor, resulting in a three-dimensional map of potential oil and gas deposits. For the maps to be accurate, the synchronization of the sensors must be precise, which requires highly accurate clocks within the sensors. As sensor networks are deployed over wider areas and left unattended for long periods of time (GPS cannot be used underwater), the need for accurate clocks and reduced battery consumption becomes more important. CSAC offers reduced drift, higher accuracy and lower power consumption. As digital technology evolves and the need for timing accuracy increases, CSAC promises a wealth of new uses and opportunities.

Region Overview:

North America had the highest growth rate of all regions.

Company Overview:

Microsemi (Microchip) is one of the major players operating in the Chip Scale Atomic Clock (CSAC) market, holding a share of 68.63% in 2021.

Microsemi Corporation, a wholly owned subsidiary of Microchip Technology Inc., offers a comprehensive portfolio of semiconductor and system solutions for communications, defense & security, aerospace and industrial markets. Products include high-performance and radiation-hardened analog mixed-signal integrated circuits, FPGAs, SoCs and ASICs; power management products; timing and synchronization devices and precise time solutions, setting the world's standard for time; voice processing devices; RF solutions; discrete components; enterprise storage and communication solutions, security technologies and scalable anti-tamper products; Ethernet solutions; Power-over-Ethernet ICs and midspans; as well as custom design capabilities and services. Microsemi is headquartered in Aliso Viejo, California.

As Teledyne’s Central Research Laboratory, Teledyne Scientific Company transitions technologies developed with contract R&D investments from U.S. Government R&D funding agencies into various Teledyne businesses. Teledyne Scientific is a technology company in high performance compound semiconductor devices and integrated circuits, ceramic and functional materials, efficient real-time information processing algorithms, and optical sensors and assemblies.

Segmentation Overview:

Among different product types, Maximum operating temperature (≤70°C）segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Space & Military/Aerospace segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Chip Scale Atomic Clock (CSAC) market covered in Chapter 3:

Teledyne Scientific
Microsemi (Microchip)
Chengdu Spaceon Electronics
Casic

In Chapter 4 and Chapter 14.2, on the basis of types, the Chip Scale Atomic Clock (CSAC) market from 2018 to 2029 is primarily split into:

Maximum operating temperature (>70°C）
Maximum operating temperature (≤70°C)

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Chip Scale Atomic Clock (CSAC) market from 2018 to 2029 covers:

Space & Military/Aerospace
Oil & Gas exploration
Communication
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)