Crystal Oscillator Market Segmentation:
End Use Segment Analysis
The electronics contract manufacturers segment is projected to register 39.1% of the global crystal oscillator market share by the end of the year of 2035. The burgeoning demand for wearables, smartphones, and home devices is augmenting a high demand for high-performance materials. According to the Observatory of Economic Complexity in 2023, the worldwide trade of electronics and electrical machinery reached more than USD 3.51 trillion. This represents a lucrative earning opportunity for high-performance material producers. The increasing demand for robust connectivity solutions for seamless device performance is set to accelerate the sales of crystal oscillators.
Mounting Type Segment Analysis
The surface mount technology type segment is foreseen to hold 55.3% of the global crystal oscillator market share throughout the forecast period. The miniaturization trend and demand for automated PCB manufacturing processes are projected to propel the demand for surface-mount crystal oscillator technologies. Furthermore, the surge in usage of wearables and portable medical equipment is propelling the preference for SMT oscillators. The surge in the need for energy-efficient electronic systems in electric vehicles further augments the dominance of the surface mount segment.
Application Segment Analysis
The telecommunication sub-segment is set to witness astounding growth, mainly driven by the ubiquitous deployment of the 5G framework. Several telecom operators are investing significantly in the diversification of their networks, further raising the demand for crystal oscillators. Additionally, there has been a burgeoning adoption of cloud services that has further reinforced the dependence on state-of-the-art networking infrastructure. Other than this, the surge of massive IoT is another growth propelling factor of the sub-segment. Also, the mushrooming data traffic has placed significant pressure on the telecom networks, compelling companies to upgrade their infrastructure.
Our in-depth analysis of the market includes the following segments:
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Mounting Type |
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Frequency |
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Crystal cut |
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Technology |
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Application |
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End user |
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