PUBLISHER: Lucintel | PRODUCT CODE: 1356454
PUBLISHER: Lucintel | PRODUCT CODE: 1356454
The future of the global frequency control and timing device market looks promising with opportunities in the electronics, telecommunications, automotive, and aerospace and defense sectors. The global frequency control and timing device market is expected to reach an estimated $9.3 billion by 2030 with a CAGR of 7.0% from 2024 to 2030. The major drivers for this market are growing demand for automation technology, rising application of this device among e-vehicles, and increasing demand for such a device among 5G enabled networks.
A more than 150-page report is developed to help in your business decisions.
The study includes a forecast for the global frequency control and timing device by type, end use industry, and region.
Frequency Control and Timing Device Market by Type [Shipment Analysis by Value from 2018 to 2030]:
Frequency Control and Timing Device Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:
Frequency Control and Timing Device Market by Region [Shipment Analysis by Value from 2018 to 2030]:
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies frequency control and timing device companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the frequency control and timing device companies profiled in this report include-
Lucintel forecast that crystal oscillators, resonators, and real-time clocks (RTC) is expected to witness highest growth over the forecast period due to their reliability, low power consumption, and compact size.
Automotive will remain the largest segment due to significant use of frequency control and timing devices in various automobile parts, including adas (advanced driver assistance systems), LIDAR, automated driving, infotainment systems, in-vehicle ethernet, engine control modules, and instrument clusters.
APAC is expected to witness highest growth over the forecast period due to availability of key electronics manufacturers hubs, continuous growth of the 5G network base, and existence of major producers and consumers of crystal and MEMS oscillators in the region.
Market Size Estimates: Frequency control and timing device market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Frequency control and timing device market size by type, end use industry, and region. in terms of value ($B).
Regional Analysis: Frequency control and timing device market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, end use industry, and region. for the frequency control and timing device market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the frequency control and timing device market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q.1. What is the frequency control and timing device market size?
Answer: The global frequency control and timing device market is expected to reach an estimated $9.3 billion by 2030.
Q.2. What is the growth forecast for frequency control and timing device market?
Answer: The global frequency control and timing device market is expected to grow with a CAGR of 7.0% from 2024 to 2030
Q.3. What are the major drivers influencing the growth of the frequency control and timing device market?
Answer: The major drivers for this market are growing demand for automation technology, rising application of this device among e-vehicles, and increasing demand for such a device among 5G enabled networks.
Q.4. What are the major segments for frequency control and timing device market?
Answer: The future of the frequency control and timing device market looks promising with opportunities in the electronics, telecommunications, automotive, and aerospace and defense sectors.
Q.5. Who are the key frequency control and timing device market companies?
Answer: Some of the key frequency control and timing device companies are as follows:
Q.6. Which frequency control and timing device market segment will be the largest in future?
Answer: Lucintel forecast that crystal oscillators, resonators, and real-time clocks (rtc)is expected to witness highest growth over the forecast period due to their reliability, low power consumption, and compact size.
Q.7. In frequency control and timing device market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to availability of key electronics manufacturers hubs, continuous growth of the 5G network base, and existence of major producers and consumers of crystal and MEMS oscillators in the region.
Q.8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.