Crystal Oscillators Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023
Albany, NY -- (SBWIRE) -- 02/15/2016 -- A new market research report from Transparency Market Research provides a clear picture of the global crystal oscillators market, including the market overview, product segmentation, geographical segmentation, market drivers and restraints, challenges and opportunities, current market trends, and competitive landscape of the market. The research report presents the historical data and forecast figures with the help of infographics, tables, and charts. The research report is titled "Crystal Oscillators Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023". The research report has also included valued inputs and recommendations from industry experts to aid the existing as well as new players in formulating their business strategies.
A crystal oscillator is a type of an electronic oscillator circuit, which make use of the mechanical resonance of a vibrating crystal made of a piezoelectric material, for instance, quartz. This material is further utilized to build up an electrical signal with a very precise frequency. This frequency is widely used to keep track of time so as to offer a steady clock signal. As a result, the crystal oscillator is used in several products that make use of the concept of stable and precise clocks.
As per the research report, a crystal oscillator finds application in diverse sectors such as industrial, research and measurement, military and aerospace, automotive, and consumer products. The growth rates of the mentioned application sectors are widely responsible for determining the growth rate of the global crystal oscillators market.
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Several consumer products such as television sets, radios, computers, pagers, cellular phones, cordless phones, and VCRs have been witnessing significant growth in the last few decades. The increasing penetration of tablets and smartphones is projected to boost the demand for crystal oscillators in the global market. Moreover, healthcare equipment also requires crystal oscillators in certain devices such as pacemakers. As a result, the constantly growing medical industry is expected to drive the market in the coming years. The introduction of quartz MEMS technology is considered as a forthcoming opportunity for the key market players.
The research report has further segmented the global crystal oscillators market on the basis of geography into Europe, North America, Asia Pacific, and Rest of the World. The research report has provided the estimated market share and growth figures of all geographical segments of the market. Furthermore, the research report covers the competitive analysis of the global market for crystal oscillators, including the company overview, product segmentation, business strategies, financial overview, and recent developments of major players. Some of the prominent players operating in the global crystal oscillators market are Rakon, HELE, Epson Toyocom, SIWARD, TXC, and TAISAW.
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