In 2021, the market for crystal oscillators was estimated to be worth around $3 Bn. By the end of 2032, the market is expected to have grown at a 6.5% CAGR, valuing itself at close to US$ 5.7 billion. According to Future Market Insights, the general circuitry section of the crystal oscillator market was dominated by Temperature-Compensated Crystal Oscillator (TCXO).
Temperature-Compensated Crystal Oscillator (TCXO) revenue increased at a CAGR of 2.8% from 2015 to 2021. The temperature-compensated Crystal Oscillator (TCXO) is anticipated to provide a CAGR of 6% throughout the anticipated period of 2022–2032.
Temperature-compensated crystal oscillator (TCXOs) is generally preferred due to their temperature compensating circuitry required during various ranges of temperatures. Moreover, it provides features such as precision frequency, easy availability at a reasonable cost, and small space. Therefore, the demand for temperature-compensated crystal oscillators is fuelling in the market.
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Japan to Emerge As a Lucrative Option in Crystal Oscillator Market.
With the key crystal oscillator companies operating in Japan including Seiko Epson Corporation, Nihon Dempa Kogyo Co., Ltd., KYOCERA Crystal Device Corporation, and Daishinku Corp., crystal oscillator market is expected to be propelled in Japan with a growth rate of 4.9% over the forecast period.
Various companies in Japan are forming for the distribution of crystal oscillators in the Japanese Market. This signifies that Japan as the potential to emerge as a leader in the crystal oscillator market and be valued at a US$ 331.2 Mn by 2032.
“Crystal oscillator manufacturers are engaging in expanding their product line up which requires miniaturization and high frequency to meet the industry demands. From automotive to deep space atomic clock, crystal oscillators have provided the required stability and precision required by a myriad of industry segments.” comments an analyst at Future Market Insights.
Crystal Oscillator Market: Competition Insights
Key providers in the crystal oscillator market are largely focussing on enhancing the quality of quartz devices in automotive applications in order to respond to the advancing need for miniaturization and meet customer needs for an expansive product portfolio.
The key companies operating in the crystal oscillator market include Seiko Epson Corporation, Nihon Dempa Kogyo Co. Ltd., TXC Corporation, Kyocera Crystal Device Corporation, Daishinku Corp., Microchip Technology Inc., Murata Manufacturing Co. Ltd., Hosonic Electronic Co. Ltd., SiTime Corporation, SiWard Crystal Technology Co. Ltd., Rakon Ltd., River Eletec Corp., Mercury Electronic Ind. Co. Ltd., Fox Electronics, Greenray Industries Inc., MTI-Milliren Technologies Inc., QVS Tech Inc., Nippon Crystal Inc. Bliley Technologies Inc., Ecliptek LLC, Vishay Intertechnology Inc., and Vectron.
Some of the recent developments by key providers of Crystal Oscillator are as follows:
- In May 2022, Seiko Espon Corporation started shipping samples of its new addition to crystal oscillators, SPXOs with CMOS output, primarily meant for automotive applications. The product has high stability and measures 2.0 mm x 1.6 mm x 0.6 mm. The new crystal oscillator supports output frequencies up to 170 MHz and has 50% better frequency tolerance for automotive applications.
- In April 2020, Nihon Dempa Kogya Co., initiated the mass production of 3225-size differential output crystal oscillators for the purpose of safety in the automotive industry. The company recognized the need for installing standardized equipment and sensing devices to improve safety. The new oscillator could be used as a reference clock source for high-speed transmission and has a long track record in the automotive market.
- In April 2020, Bliley introduced the Oscillator eCommerce oscillator store. The new online store for crystal oscillators is meant to change the frequency control industry. The online store will also be able to reduce prices, manage time and streamline the purchasing process of crystal oscillators.
- In January 2020, Epson and Rhode & Schwarz, partners, collaborated to create a specific test regimen to measure power supply noise rejection for designing hack tools that may boost clarity and precision in real-world signal integrity design issues.
- In March 2019, Kyocera released the smallest quartz crystal considered for smartphones, wearables, and other personal electrical devices. The Quartz Crystal Thermo-Optical Unit weighs only 1.0 x 0.8 mm and has the same electrical properties as Kyocera’s conventional CX1210 model, so it was chosen for use in circuit board revision.
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More Insights Available
Future Market Insights, in its new offering, presents an unbiased analysis of the Crystal Oscillator Market, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032.
The study reveals extensive growth in Crystal Oscillator Market by Mounting Scheme (Surface Mount and Through-hole), by Crystal Cut (AT Cut, BT Cut, SC Cut, and Others), by General Circuitry (Simple Packaged Crystal Oscillator, Temperature-Compensated Crystal Oscillator, Voltage-Controlled Crystal Oscillator, Frequency-Controlled Crystal Oscillator, Oven-Controlled Crystal Oscillator, and Others), and by Application (Telecom & Networking, Consumer Electronics, Military & Aerospace, Research & Measurement, Industrial, Automotive and Medical), across five regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa).
Key Segments Covered in Crystal Oscillator Industry Survey
Crystal Oscillator Market by Mounting Scheme:
- Surface Mount
- Through-Hole
Crystal Oscillator Market by Crystal Cut:
- AT Cut
- BT Cut
- SC Cut
- Others
Crystal Oscillator Market by General Circuitry:
- 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)
- Others
Crystal Oscillator Market by Application:
- Telecom & Networking
- Consumer Electronics
- Military & Aerospace
- Research & Measurement
- Industrial
- Automotive
- Medical
Crystal Oscillator Market by Region:
- North America Crystal Oscillator Market
- Latin America Crystal Oscillator Market
- Europe Crystal Oscillator Market
- South Asia Crystal Oscillator Market
- East Asia Crystal Oscillator Market
- Oceania Crystal Oscillator Market
- Middle East & Africa Crystal Oscillator Market
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