MEMS Based Oscillator Market (2018 – 2023) report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. The MEMS Based Oscillator market report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.
“MEMS Based Oscillator Market report is anticipated to register a CAGR of 40.58% over a five years forecast period (2018 – 2023).”
Get a Sample PDF of Report @ https://www.360marketupdates.com/enquiry/request-sample/12883823
List of Major Key players operating in the Global MEMS Based Oscillator Market are –
- SiTime Corporation
- Microchip Technology Inc.
- Vectron International
- Abracon Holdings
- Daishhinku Corporation
- TXC Corporation
- IOD Frequency Product Ltd.
- Silicon Laboratories
- Ecliptek Corporation
- ILSI America LLC
MEMS-based oscillator market was worth USD 138.51 billion in 2017 and is projected to grow to USD 1,286.71 billion by 2023, at a CAGR of 40.58% over 2018-2023 the (forecast period). The report discusses the type of oscillators deployed in various end-user industries. While the regions considered in the scope of the report include North America, Europe, APAC, Latin America, and MEA. Apart from this, the report also discusses how the growing demand for electronic device miniaturization and customization drives the market.
The MEMS-based oscillators have been making rapid progress and gaining a dominant share in the market. Advances in further developing quartz crystal-based oscillators have reached a plateau, while there has been an increase in demand for higher performance, size, and cost. The disruptive MEMS-based technology has challenged the predominant quartz crystal, by providing a viable alternative solution, which is highly affordable, and can perform in accordance to the requirements posed by the wide range of industrial applications. MEMS has witnessed a significantly high penetration across different applications, such as sensing pressure, motion, and acceleration.
Significant cost-reduction and a host of functional advantages have rendered MEMS-based oscillators fit to replace the quartz crystal oscillators in commercial applications. Critical technical issues, such as silicon’s frequency temperature coefficient and the drift caused, due to packaging contamination (which is evident in MEMS-based oscillators), have been major restricting factors for the wide-scale adoption of these oscillators.
Growing Demand of Smartphones and Wearables to Drive the Market
MEMS-based oscillator’s increasing penetration in applications that require higher accuracy and longer battery life, such as wearables, IoT, and mobile devices, is expected to drive the market. Wearables are expected to witness a double-digit growth, year-over-year this year, which encompasses a variety of device types and form factors, from smart watches to body-worn cameras and even head-mounted displays. Moreover, smartphones are also expected to witness a healthy growth, due to a surge in sales in countries, such as India and China. In addition, advent of technologies, such as 5G, is further expected to push the demand for smartphones, in turn, driving the MEMS-based oscillator market.
Increasing Demand for Automotive Applications to Augment Growth
Digitization and increasing automation have revolutionized the automotive sector. These factors give rise to several disruptive technology-driven trends in the automotive sector, diverse mobility, autonomous driving, electrification, and connectivity. Moreover, MEMS oscillators help in delivering the maximum performance and best robustness. They are designed for ASIL (Automotive Safety Integrity Level) compliant automotive applications, like electronic control units (ECUs), advanced driver assistance systems (ADAS), and in-vehicle Ethernet and powertrain.
Apart from this, the automotive industry is witnessing a massive transformation, with new features, such as advanced safety and driver assistance systems, electrification, automation, and real-time big data analytics. MEMS technologies play a significant role in this transformation, further driving the demand in the segment.
North America to have the Highest Market Share
North America accounts for the largest market for MEMS-based oscillators, reinforced by the presence of an established industrial sector and booming automotive and consumer electronics industries. The volume of automobile production in the region has witnessed a growth in the 2014-201 period. In addition, the growth of connected and driverless cars in the region and IoT applications in the automotive segment are also expected to drive the demand for MEMS-based oscillators. Moreover, the gradually increasing demand for smartphones in the region, specifically due to the local player Apple’s product, iPhone, is further expected to drive the demand for MEMS-based oscillators.
Share your query before purchasing this report @ https://www.360marketupdates.com/enquiry/pre-order-enquiry/12883823
Scope of the Report:
The report analyses MEMS Based Oscillator market, which includes –
- Analysis of the growth of MEMS Based Oscillator market in global and regional level including Asia-Pacific, Americas, and EMEA.
- The report provides MEMS Based Oscillator market analysis for key countries including the US, Canada, Chile, China, India, Japan, the UK, Germany, France, and Italy.
- The report offers country level MEMS Based Oscillator market volume and value by end-user segment for the period 2012-2023.
- Qualitative analysis of key market drivers and restraints, and analysis of their impacts on MEMS Based Oscillator market are discussed.
- The report provides competitive landscape at country level for the year 2018. It also covers key policies and initiatives, key deals, and key upcoming projects.
Highlighted points of MEMS Based Oscillator Market Report:
- Varying dynamics of the MEMS Based Oscillator industry.
- Prospective changes in sales volumes and worldwide share growth in upcoming years (2018-2023).
- MEMS Based Oscillator market report recognizes the key drivers of growth and challenges of the key industry players.
- Competitors profiles along with product description, overview, and business data.
- A complete analysis of market risks, opportunities, limitations, and growth of the market.
- Market driving and restraining factors.
- Delivers information on the historical and current market size and the future potential of the market.
- MEMS Based Oscillator market report provides a comprehensive analysis of the market with respect to market dynamics, competitive analysis, and upcoming trends of the market.
Purchase this report (Price 4250 USD for a single-user license) @ https://www.360marketupdates.com/purchase/12883823
Reasons to Purchase MEMS Based Oscillator Market Report:
- The report analyses how stringent emission control norms will drive the global MEMS Based Oscillator market.
- Analyzing various perspectives of the market with the help of Porter’s five forces analysis.
- Study on the product type that is expected to dominate the market.
- Study on the regions that are expected to witness the fastest growth during the forecast period.
- Identify the latest developments, market shares and strategies employed by the major MEMS Based Oscillator market players.
- 3 months’ analyst support along with the Market Estimate sheet (in excel).
In this study, the years considered to estimate the market size of MEMS Based Oscillator:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2023
Look into Table of Content of MEMS Based Oscillator Market Report @ https://www.360marketupdates.com/TOC/12883823#TOC
Contact Info: –
360 Market Updates
Mr. Ajay More
USA: +1 424 253 0807
UK: +44 203 239 8187
Tags:- “MEMS Based Oscillator, MEMS Based Oscillator Market, MEMS Based Oscillator Europe Market, MEMS Based Oscillator APAC Market, MEMS Based Oscillator Market By Application, MEMS Based Oscillator Market By Rising Trends, MEMS Based Oscillator Market Development, MEMS Based Oscillator Market Forecast, MEMS Based Oscillator Market Future, MEMS Based Oscillator Market Growth, MEMS Based Oscillator Market In Key Countries, MEMS Based Oscillator Market Latest Report, MEMS Based Oscillator Market Swot Analysis, MEMS Based Oscillator Market Top Manufacturers, MEMS Based Oscillator Sales Market, MEMS Based Oscillator United States Market, MEMS Based Oscillator Market share, MEMS Based Oscillator Market Size, MEMS Based Oscillator market Trends, MEMS Based Oscillator Market 2018, MEMS Based Oscillator market 2019”