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Global Semiconductor Clock Market to Grow at a CAGR of 13.22% During the Period of 2016 to 2020

The Report Global Semiconductor Clock Market 2016-2020 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz

 

Albany, NY -- (SBWIRE) -- 07/06/2016 -- About Semiconductor Clocks

A semiconductor clock or a real-time clock (RTC) is an IC that keeps track of the current time as well as ensures the smooth functioning of electronic devices by keeping proper time among the device components. A semiconductor clock is integrated into an electronic device that requires accurate timekeeping. A semiconductor clock offers low power consumption (important when running from alternate power) and frees the main system for time-critical tasks.

Technavios analysts forecast the Global Semiconductor Clock Market to grow at a CAGR of 13.22% during the period of 2016 to 2020.

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Covered in this report

The report covers the present scenario and the growth prospects of the global semiconductor clock market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of quartz oscillators and microelectromechanical system (MEMS) resonators.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

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Technavio's report, global semiconductor clock market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Epson
Maxim Integrated
NXP Semiconductors
Ricoh
STMicroelectronics
Texas Instruments

Other prominent vendors
Abracon
Integrated Device Technology
IQD
Daishinku
Kyocera
Murata
SiTime
TXC

Market driver
Ability to maintain time with minimal power use
Improvement in battery life of electronic devices
Ability to maintain flow in device functioning
Growing adoption of smartphones and tablets
Growth in smart grid technology

Market challenge
Poor accuracy and calibration
Poor distribution systems
Miniaturization of semiconductor clock ICs
Cyclical nature of semiconductor industry

Market trend
Increased automation in automobiles
Rapid advances in MEMS technology
Emergence of wearable technology

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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