Crystal Oscillator Market

Crystal oscillators are miniature circuits powered by mechanical resonance of a vibrating crystal, which is generally made with piezoelectric material. These crystals are used in electronic circuits to create electric signals with controlled frequency. Among all crystal oscillators, oven-controlled crystal oscillators (OCXOs) offer the highest frequency stability, and hence these are high-cost crystals used in high-end operations. On the other hand, voltage-controlled crystal oscillators are available at a comparatively low cost, provide decent efficiency, and are best suited for low-end applications.

Crystal oscillators are majorly used in the circuits inside portable electronic devices, telecommunication systems, vehicles, and aerospace & defense applications. The crystal oscillator market is expected to witness a rapid growth rate owing to the increase in number of vehicles worldwide, growth in demand for portable electronic devices, rise in advancements in telecommunication sector, which require higher frequency stability such as 3G, 4G LTE, and 5G. The emergence of low-cost, high reliability quartz MEMS crystal oscillators provides new opportunities for growth.

AT cut and SC cut crystal technologies occupy a major share of global crystal oscillator market owing to their compact structure, ability to perform well on high temperature, low power consumption, and frequency stability. Among the types of crystal oscillators, temperature-compensated crystal oscillators (TCXOs) have gained traction in the market owing to their low cost and decent performance. However, these are being replaced by OCXOs due to their high-frequency stability and reduction in cost.

The market growth in Asia-Pacific is on a continuous rise owing to the presence of countries that contribute a large share in electronics market, such as China, Taiwan, and Japan, and increase in number of vehicles. Furthermore, the developing nations in this region are working to strengthen digital infrastructure and investing to improve on their telecommunication facilities to connect remote areas in the region.

Key players such as TXC Corporation, Rakon Limited Daishinku Corp., and Fox Electronics are engaged in the process of product innovation, collaboration, and acquisition to further expand their services across various geographies.