Global Resonators Market 2017-2021
Resonators are a key element responsible for the performance of radio-frequency (RF)/microwave components including filters. Different types of resonators include dielectric, coaxial, ceramic, crystal, and surface acoustic wave (SAW). The characteristics of each resonator vary differently.
Technavio’s analysts forecast the global resonators market to grow at a CAGR of 17.19% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global resonators market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of resonators. The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Resonators Market 2017-2021
Technavio recognizes the following companies as the key players in the global resonators market: Abracon, Murata, Oscilent, SiTime, and Vectron.
Other Prominent Vendors in the market are: IDT, IQD, Sand 9, and TXC.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is rapid advances in MEMS technology. The market is witnessing several innovative features in MEMS resonators. Low noise jitter, increased frequency stability, and reduced power consumption are some of the features witnessing constant improvements. Technological advances in MEMS resonators make these devices cost-effective, energy-saving, and better in performance. This is expected to drive the growth of the resonators market during the forecast period.”
According to the report, one of the major drivers for this market is miniaturization of electronic devices. Vendors such as Samsung and Apple are focusing on manufacturing miniaturized personal electronics, which consume less power while delivering effective performance. Technological advances have led to the miniaturization of electronic devices, leading to the development of compact semiconductor components in which small size resonators, especially MEMS-based resonators, is effective in maintaining the size constraint and delivering efficient performance. Therefore, it is expected to drive the market for resonators in the forecast period.
Further, the report states that one of the major factors hindering the growth of this market is popularity of quartz crystal resonator. Though MEMS resonators have better features and functions compared with quartz crystal resonators, their rate of penetration in the timing devices market has been slow. This is because, already existing quartz crystal resonator vendors have a strong foothold in the market, thus making it difficult for the MEMS vendors to penetrate the market. MEMS resonators use MEM structures for stable frequencies.
Abracon, Murata, Oscilent, SiTime, Vectron, IDT, IQD, Sand 9, TXC.
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