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A programmable oscillator is a type of oscillator in which integer mode or fractional phase-locked loop (PLL) is used to post-process the resonator frequency to the desired output frequency. The programmable oscillator can be used as a standalone oscillator or as a processor-controlled frequency synthesizer.
The companies involved in the manufacturing of programmable oscillator are now focusing on maximizing the functionality such as supply voltage and frequencies of the programmable oscillator, which will provide results that are more accurate. This development will help the Programmable oscillator to penetrate more in the market. The programmable oscillator finds their applications in diverse sectors such as consumer electronics, automotive and many more.
The global programmable oscillator market is segmented on the basis of product type, end use, and region. Based on product type, the market is divided into Through Hole Programmable Oscillator and Surface Mount Programmable Oscillator. In terms of end use, the market is categorized into Electronics, Automotive, Transportation and Others. Geographically, the market is analyzed across several regions such as North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).
COVID-19 Scenario Analysis:
The outbreak of COVID 19 pandemic had a negative impact on the programmable oscillator market as the lockdown and trade restrictions led to a pause on the programmable oscillator manufacturing. Even after the lockdown was lifted and the installations resumed, the market growth remained slow due to difficulty in availing labor, and goods, which restricted the progress.
Another major impact of COVID-19 pandemic on the programmable oscillator market was the sharp decrease in demand as a consequence of lockdown, which in turn reflect negatively on the programmable oscillator market revenue. The decline in industrial activities and shutdown of operations at production facilities led to this drop in demand as well as revenue for the programmable oscillator industry.
The global programmable oscillator supply chain has been hit by the COVID-19 pandemic as it has disrupted the supply chain, which is prospective to initiate a domino effect for international programmable oscillator’s production, as a number of fundamental apparatuses and materials are profoundly dependent on imports from other countries.
Top Impacting Factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis
The major factors that impact the growth of the programmable oscillator market include emerging demand for programmable oscillator in consumer electronics, increase in the use of programmable oscillator in the automotive industry, and rise in installation of programmable oscillator in smart watches, tablets, and others.
In addition, advancement of IoT, electronic wearables, mobile infrastructures, and programmable oscillator tend to increase the product usage with respect to the selected timing component. Other trends, such as 5G, put providers under pressure to provide corresponding solutions based on higher frequencies. Programmable oscillator has the advantage of consuming one-fifth of their power consumption, which means that this clock source can become the main source of choice for many people. All these advantages create programmable oscillator market opportunities.
For instance, companies such as IDT and SiTime provide programmable oscillator, enhanced with reliability, miniaturization, and cost-effectiveness. These solutions are expected to have a significant impact on market growth and the demand for future applications during the programmable oscillator market forecast.
The Programmable Oscillator Market Trends are as Follows:
Extensive Use of Programmable Oscillator in the Consumer Electronics
The development of Programmable oscillator technology makes these devices possible by simplify in packaging size for various applications and wireless solutions. In addition, technological innovation and increase in acceptance of Medical Equipment Manufacturers and 5G drive the programmable oscillator market growth. However, the high costs associated with the adoption of programmable oscillator may slow growth which impacts the programmable oscillator market size.
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