South America Atomic Clock Market Forecast to 2028 - COVID-19 Impact and Regional Analysis

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The South America atomic clock market is expected to grow from US$ 24.80 million in 2022 to US$ 33.09 million by 2028. It is estimated to grow at a CAGR of 4.9% from 2022 to 2028.

Atomic Clocks based on Optical Lattices of Strontium, Ytterbium and Gadolinium Atoms will be Driving the South America Atomic Clock Market

Atomic clocks operate at a much higher rate than microwave clocks, which is why many researchers are exploring their potential with new rare earth alkaline elements, such as ytterbium, strontium, and gadolinium. The Sr-grid clock is viewed as the world's steadiest nuclear optical clock. It has an accuracy timekeeping component, which depends on a narrow electronic transition in Sr atoms trapped inside an optical lattice to separate both the internal and external atomic degrees of freedom during the clock's measurement. An optical atom clock's primary feature is that a relatively large number of quantum frequency references (QFRs) are used simultaneously (~104), resulting in a high signal-to-noise ratio. Thus, leading to short-term stability, which is higher than that obtainable with single ion-based optical atomic clocks.

Further, physicists have combined two experimental atomic clocks based on ytterbium atoms at the National Institute of Standards and Technology (NIST) to set another world record for clock stability. In nature photonics, the experiment demonstrating the double-clock design is reported. Thus, atomic clocks based on optical lattices of atoms of strontium, ytterbium, and gadolinium are among the major trends expected to propel the growth of the South America atomic clock market during the forecast period.

South America Atomic Clock Market Overview

The South America atomic clock market is further segmented into Brazil, Argentina, and the Rest of South America. South America is characterized by a mixed growth scenario, with a few countries showcasing complex macroeconomic and political environments. Despite many challenges, government-led positive initiatives help most economies in this region grow at a reasonable pace over the forecast period. Brazil, Argentina, Chile, and Peru are among the SAM countries making substantial investments in infrastructure and industrial development. In 2019, 3,319,361 vehicle units were produced in South America. In addition to the growing vehicle production and rising investments by vehicle OEMs in their expansion in the region, the escalating use of atomic clocks in telecommunications, navigation, etc., is contributing to the SAM atomic clock market growth in South America. A few of the popular atomic clock suppliers operating in SAM are DEX International - Denise, and VS-IMPOTRACAO & EXPORTACAO. Further, Brazil leads the South America atomic clock market. For research and technological development, the construction and usage of atomic clocks in Brazil is fundamental. Further, in the National Observatory, Rio de Janeiro, there are more than 300 atomic clocks, which are spread over 50 countries, including Brazil, indicates the official time across the globe.

South America Atomic Clock Market Revenue and Forecast to 2028 (US$ Million)

South America Atomic Clock Market Segmentation

The South America atomic clock market is segmented into type, application, and country.

Based on type, the South America atomic clock market is segmented into rubidium atomic clock and CSAC, cesium atomic clock, and hydrogen maser atomic clock. In 2022, the rubidium atomic clock and CSAC segment registered a largest share in the South America atomic clock market.

Based on application, the South America atomic clock market is segmented into space and military/aerospace, scientific and metrology research, telecom and broadcasting, and other applications. In 2022, space and military/aerospace segment registered a largest share in the South America atomic clock market.

Based on country, the South America atomic clock market is segmented into Brazil, Argentina, the Rest of South America. In 2022, Brazil segment registered a largest share in the Asia Pacific atomic clock market.

Excelitas Technologies Corp; IQD Frequency Products Ltd; Leonardo SpA; Microchip Technology Inc; Oscilloquartz SA; Stanford Research Systems Inc; and Tekron International Ltd are the leading companies operating in the South America atomic clock market.

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Scrutinize in-depth South America market trends and outlook coupled with the factors driving the atomic clock market, as well as those hindering it
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Product Code: BMIRE00027972

1. Introduction

1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
- 1.3.1 SAM Atomic Clock Market - By Type
- 1.3.2 SAM Atomic Clock Market - By Application
- 1.3.3 SAM Atomic Clock Market- By Country

2. Key Takeaways

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. SAM Atomic Clock Market Landscape

4.1 Market Overview
4.2 SAM PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion

5. SAM Atomic Clock -Market Dynamics

5.1 Market Drivers
- 5.1.1 Increasing Need for a High Precision Atomic Clock in Aerospace and Military
- 5.1.2 High Demand from Metrology Station Owing to a Time-Sensitive Applications
5.2 Market Restraints
- 5.2.1 High Cost and Complexities Associated with Atomic Clocks
5.3 Market Opportunities
- 5.3.1 Next-Generation Chip-Scale Atomic Clocks (CSACs)
- 5.3.2 Emerging Digital Infrastructure and 5G Base Stations
5.4 Future Trends
- 5.4.1 Atomic Clocks based on Optical Lattices of Strontium, Ytterbium and Gadolinium Atoms
5.5 Impact Analysis of Drivers and Restraints

6. Atomic Clock Market - SAM Analysis

6.1 SAM Atomic Clock Market - Revenue and Forecast to 2028 (US$ Million)

7. SAM Atomic Clock Market Analysis - By Type

7.1 Overview
7.2 SAM Atomic Clock Market, By Type (2021 and 2028)
7.3 Rubidium Atomic Clock and CSAC
- 7.3.1 Overview
- 7.3.2 Rubidium Atomic Clock and CSAC: SAM Atomic Clock Market - Revenue and Forecast to 2028 (US$ Million)
7.4 Cesium Atomic Clock
- 7.4.1 Overview
- 7.4.2 Cesium Atomic Clock: SAM Atomic Clock Market- Revenue and Forecast to 2028 (US$ Million)
7.5 Hydrogen Maser Atomic Clock
- 7.5.1 Overview
- 7.5.2 Hydrogen Maser Atomic Clock: SAM Atomic Clock Market- Revenue and Forecast to 2028 (US$ Million)

8. SAM Atomic Clock Market Analysis - By Application

8.1 Overview
8.2 SAM Atomic Clock Market, By Application (2021 and 2028)
8.3 Space and Military/Aerospace
- 8.3.1 Overview
- 8.3.2 Space and Military/Aerospace Research: SAM Atomic Clock Market- Revenue and Forecast to 2028 (US$ Million)
8.4 Scientific and Metrology Research
- 8.4.1 Overview
- 8.4.2 Scientific and Metrology Research: SAM Atomic Clock Market - Revenue and Forecast to 2028 (US$ Million)
8.5 Telecom and Broadcasting
- 8.5.1 Overview
- 8.5.2 Telecom and Broadcasting: SAM Atomic Clock Market - Revenue and Forecast to 2028 (US$ Million)
8.6 Other Applications
- 8.6.1 Overview
- 8.6.2 Other Applications: SAM Atomic Clock Market - Revenue and Forecast to 2028 (US$ Million)

9. SAM Atomic Clock Market - Country Analysis

9.1 Overview
- 9.1.1 SAM: Atomic Clock Market, by Key Country
  - 9.1.1.1 Brazil: Atomic Clock Market - Revenue and Forecast to 2028 (US$ Million)
    - 9.1.1.1.1 Brazil: Atomic Clock Market, by Type
    - 9.1.1.1.2 Brazil: Atomic Clock Market, by Application
  - 9.1.1.2 Argentina: Atomic Clock Market - Revenue and Forecast to 2028 (US$ Million)
    - 9.1.1.2.1 Argentina: Atomic Clock Market, by Type
    - 9.1.1.2.2 Argentina: Atomic Clock Market, by Application
  - 9.1.1.3 Rest of SAM: Atomic Clock Market - Revenue and Forecast to 2028 (US$ Million)
    - 9.1.1.3.1 Rest of SAM: Atomic Clock Market, by Type
    - 9.1.1.3.2 Rest of SAM: Atomic Clock Market, by Application

10. Industry Landscape

10.1 Overview
10.2 Market Initiative
10.3 New Product Development
10.1 Merger and Acquisition

11. Company Profiles

11.1 Excelitas Technologies Corp
- 11.1.1 Key Facts
- 11.1.2 Business Description
- 11.1.3 Products and Services
- 11.1.4 Financial Overview
- 11.1.5 SWOT Analysis
- 11.1.6 Key Developments
11.2 IQD Frequency Products Ltd
- 11.2.1 Key Facts
- 11.2.2 Business Description
- 11.2.3 Products and Services
- 11.2.4 Financial Overview
- 11.2.5 SWOT Analysis
- 11.2.6 Key Developments
11.3 Leonardo SpA
- 11.3.1 Key Facts
- 11.3.2 Business Description
- 11.3.3 Products and Services
- 11.3.4 Financial Overview
- 11.3.5 SWOT Analysis
- 11.3.6 Key Developments
11.4 Microchip Technology Inc
- 11.4.1 Key Facts
- 11.4.2 Business Description
- 11.4.3 Products and Services
- 11.4.4 Financial Overview
- 11.4.5 SWOT Analysis
- 11.4.6 Key Developments
11.5 Oscilloquartz SA
- 11.5.1 Key Facts
- 11.5.2 Business Description
- 11.5.3 Products and Services
- 11.5.4 Financial Overview
- 11.5.5 SWOT Analysis
- 11.5.6 Key Developments
11.6 Stanford Research Systems Inc
- 11.6.1 Key Facts
- 11.6.2 Business Description
- 11.6.3 Products and Services
- 11.6.4 Financial Overview
- 11.6.5 SWOT Analysis
- 11.6.6 Key Developments
11.7 Tekron International Ltd
- 11.7.1 Key Facts
- 11.7.2 Business Description
- 11.7.3 Products and Services
- 11.7.4 Financial Overview
- 11.7.5 SWOT Analysis
- 11.7.6 Key Developments

12. Appendix

12.1 About The Insight Partners
12.2 Word Index