Timing devices market is anticipated to grow at a CAGR of 10.7% during the forecast period (2023-2030). Timing devices or oscillators based on MEMS (micro-electromechanical system) are used in driving control systems, infotainment systems Consumer electronics, IT and telecom and other applications. The growing adoption of miniaturized devices coupled with the improving low power consumption, high degree of stability, and accuracy is the key factor supporting the growth of the market globally. Crystal mostly vibrates in one axis, therefore only one phase is dominant. This property of low phase noise makes them particularly useful in telecommunications where stable signals are needed, and in scientific equipment where very precise time references are needed. Hence, the market players are also focusing on introducing stable clock signals that further bolster the market growth. For instance, in February 2023, KYOCERA AVX, a manufacturer of advanced electronic components engineered to accelerate technological innovation and build a better future, launched a new circuit-matching service designed to help customers quickly and confidently select suitable crystal timing devices.
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The global timing devices market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia), and the Rest of the World (the Middle East & Africa, and Latin America. Among these, North America is anticipated to hold a prominent share of the market across the globe, owing to the rise in the adoption of timing ICs in smartphones, smart TVs, laptops, PCs, e-book readers, and smartwatches to generate control signals for stable frequency and time as well as growth in need for microwave components in the defence sector drive the timing device market growth. The key market players include Abracon Corp., Connor-Winfield Corp.., Microchip Technology Inc., Texas Instruments, and others.
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- Market Coverage
- Market number available for – 2024-2030
- Base year- 2023
- Forecast period- 2024-2030
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Timing Devices Market by Product Type
- Oscillator
- Clock Buffer
- Clock Generator
- Jitter Attenuator
- Resonator
Global Timing Devices Market by Material
- Silicon
- Crystal
- Ceramic
Global Timing Devices Market by End Users
- Consumer electronics
- IT and telecom
- Automotive
- Aerospace and defense
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Abracon Corp.
- AccuBeat Ltd.
- Connor-Winfield Corp.
- Crystek Corp.
- CTS Corp.
- Cypress Semiconductor Corp.
- Diodes Inc.
- Frequency Electronics, Inc.
- Greenray Industries
- Infineon Technologies AG
- IQD Frequency Products Ltd.
- Knowles Corp.
- Mercury Electronic Ind. Co., Ltd.
- ON Semiconductor
- Oscilloquartz SA
- Renesas Electronics Corp.
- SiTime Corp.
- STMicroelectronics NV
- TXC Corp.
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global timing devices market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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