PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1731598
PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1731598
The global timing devices market is projected to grow at a compound annual growth rate (CAGR) of 4.91% to reach US$9,203.286 million by 2030, from US$7,241.143 million in 2025.
Timing devices have multiple usages, and the demand for these is anticipated to increase due to their various benefits. Crystal-based timing devices have a wide range of safety applications, including brakes, control systems, airbags, anti-lock braking systems, and tire pressure monitoring systems.
Surging investments in the research and development of microelectromechanical systems (MEMS) devices are significantly contributing to the growth of the timing devices market. Furthermore, the expanding adoption of Internet of Things (IoT) and 5G technologies is anticipated to propel the market forward during the forecast period.
China occupies a distinctive role in the timing devices market, bolstered by its robust semiconductor manufacturing, consumer electronics industry, and strong telecommunications production capabilities. The increasing output of temperature-compensated oscillators in China is also emerging as a vital growth area within the timing devices sector.
The region's escalating demand for electronics, alongside its well-developed semiconductor and automotive industries, serves as a primary catalyst for market expansion in Asia Pacific.
India's timing devices market is projected to experience substantial growth in the coming years.
Some of the major players covered in this report include NXP Semiconductors, Texas Instruments Incorporated, Murata Manufacturing Co., Ltd., Epson Corporation, Seiko Time Creation Inc., Abracon, STMicroelectronics, among others.
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Timing Devices Market Segmentation