Global Oscillator Market 2017-2021
Oscillators are vital components (timing controllers) in semiconductor chips. They are crucial for the functioning of electronic devices, machines, and automobiles. Oscillators are integrated with semiconductor components in these devices. However, there are several challenges that come with the deployment of high-accuracy timing systems. Technological advances, including higher frequencies, reduced phase noise, and lower operating voltages, pose a challenge to the market. Oscillator manufacturers need to adjust their production as per the requirements of semiconductor houses. Manufacturers also face a constant downward pressure on pricing. This is significantly impacting some manufacturers, with several factories stopping the production of some oscillators because of the falling demand and rising production costs.
Technavio’s analysts forecast the global oscillator market to grow at a CAGR of 10.46% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global oscillator market for 2017-2021 . To calculate the market size, the report considers the revenue generated from the sales of oscillators.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Oscillator Market 2017-2021
Technavio recognizes the following companies as the key players in the global oscillator market: KYOCERA, Miyazaki Epson, Microchip Technology, NDK, SiTime (MegaChips), and Vectron International
Other Prominent Vendors in the market are: Analog Devices (Sand9), HOSONIC ELECTRONIC, RIVER ELETEC, Rakon, Raltron Electronics, MERCURY Electronic Ind, ILSI America, Abracon, Jauch Quartz, and IQD Frequency Products.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Increased proliferation of IoT. The significance of IoT in the global technological arena is increasing. This is because of the establishment of connected environments in offices, homes, and industrial setups (M2M communications). The adoption of high-speed Internet, such as 4G and LTE, worldwide and mass demand (and production) for Wi-Fi and GPS-enabled smartphones have resulted in an increased demand for quick and precise information. This, in turn, has created the need for DSPs that can calculate and collect precise information in a limited period of time. Oscillators are used because they are accurate and ensure the timely delivery of information.”
According to the report, one of the major drivers for this market is Rise in demand for smartphones and tablets. The availability of low-cost smartphones and mobile devices in emerging markets, such as China and India, and the growing number of mobile broadband subscribers and mobile Internet users are factors that will increase the shipments of mobile devices from 1 billion units in 2013 to more than 2.10 billion units in 2021. Microprocessors, an integral part of such devices, are expected to witness a similar rise in demand, thereby driving the oscillator market during the forecast period.
Further, the report states that one of the major factors hindering the growth of this market is High investments in manufacturing facilities. One of the major challenges faced by the market is high initial capital investments. An oscillator is fabricated in a critical environment. Setting up such a manufacturing facility would cost a vendor $5-6 billion. For instance, Murata Manufacturing invested approximately $1 billion in the construction of a new manufacturing facility in Echizen City, Fukui, to meet the increasing demand for semiconductor components.
KYOCERA, Miyazaki Epson, Microchip Technology, NDK, SiTime (MegaChips), Vectron International, Analog Devices (Sand9), HOSONIC ELECTRONIC, RIVER ELETEC, Rakon, Raltron Electronics, MERCURY Electronic Ind, ILSI America, Abracon, Jauch Quartz, and IQD Frequency Products.