Materials {Ceramic, Crystal (Single Crystal & PolyCrystal), Silicon}
The silicon segment in the timing devices market is expected to showcase substantial growth over the forecast period of 2023-2035 by registering a CAGR of 9.8%. The market was valued at USD 2.38 Billion in 2022 and is projected to reach USD 7.94 billion at the end of 2035. Silicon is the material from which most of the integrated circuits used in the modern consumer electronics industry are made. Economies of scale, low cost easy availability of high-quality materials, and the ability to integrate electronic functions are factors that lead to higher adoption of silicon. In addition, silicon offers great advantages due to its material properties.
Application {Oscillators (Crystal Oscillators & MEMS Oscillators), Resonators, Jitter Attenuator, Clock Generator & Clock Distributors}
Timing devices market from the oscillators segment is expected to showcase substantial growth over the forecast period of 2023-2035 by registering a CAGR of 10.4%. The market was valued at USD 2.60 Billion in 2022 and is projected to reach USD 9.34 billion at the end of 2035. It is used in various fields such as computers, communications, and the automotive industry, and the continuous use of crystal oscillators in different industry that is beneficial to growing the market.
Our in-depth analysis of the global market includes the following segments:
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Author Credits: Abhishek Verma, Hetal Singh
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