According to a market report by Lucintel, 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% 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 understand trends, opportunity and forecast in frequency
control and timing device to 2030 by type (crystal oscillators, resonators,
real-time clocks (RTC), and others), end use industry (electronics,
telecommunications, automotive, aerospace and defense, and others), and region
(North America, Europe, Asia Pacific, and the Rest of the World).
In this market, crystal
oscillators, resonators, and real-time clocks (RTC) are the major segments of
frequency control and timing device market by type. 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.
Within this market, 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.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal, ZACKS,
and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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