Report Code: A08898 | Nov 2023 | Pages: NA | ||
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Request Now !Timing device is a specialized type of clock used to measure the elapsed time interval in hours, minutes, seconds, and fraction of second. Small timing devices are pocket instruments with mechanical movements and hands, especially to display elapsed time. Timer devices are used on a large scale in the consumer electronics sector for portable and wearable electronics as it has low power consumption, high degree of stability, and accuracy. Â
These miniaturized devices are also used in time-sensitive smart meter and banking systems as they run on time information basis and keep accurate track of time with effective functioning for grid frequency management. Timing devices or oscillators based on MEMS (micro-electromechanical system) are used in driving control systems and infotainment systems in automobiles as they are resistant to shock and are stable at different temperatures, which enhances product quality standards in the market.Â
Further improvements in the use of oscillators in non-implantable and nonlife sustaining gadgets are anticipated to help the timing device market share experience considerable growth in the coming years.
The global timing device market is segmented on the basis of product type, material type, industry vertical, and region. Based on type, the timing device market is divided into oscillator, resonator, clock generator, jitter attenuator, and clock buffer. The oscillator segment is further bifurcated into MEMS oscillator and crystal oscillator. In terms of material type, the market is categorized into crystal, ceramic, and silicon.Â
On the basis of industry vertical, the timing device market is divided into consumer electronics, automotive, IT & telecommunication, aerospace & defense, healthcare, and others. Geographically, the market is analyzed across several regions such as North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).
Top Impacting Factors
Rise in adoption of timing ICs in smartphones, smart TVs, laptops, PCs, e-book readers, and smartwatches to generate control signals for stable frequency and time as well as growth in need for microwave components in the defense sector drive the timing device market growth. However, high development cost of these devices and increase in complexity, owing to growth in miniaturization of semiconductor clock ICs hamper the timing device market growth.
On the other hand, rise in adoption of silicon-based oscillator on MEMS technology, which are insensitive to shock, vibration, and electromagnetic interference tend to propel the market growth. Advancements in semiconductor process technology and circuit integration over conventional quartz oscillators present new avenues to the timing device industry.
Leading timing device market players have adopted necessary steps to enhance overall accuracy and sensitivity of timing devices with a view to make them suitable for a broad range of networking, broadcast video, and optical transport network.
In March 2019, Integrated Device Technology Inc., an American designer and manufacturer of low-power, high-performance, mixed-signal semiconductor solutions, launched the clock matrix family of multi-channel clocking devices that exceeds 5G performance requirements for time precision. It comprises system synchronizers and port synchronizers to generate as well as extend telecom-compliant clocks to various ports in network equipment.Â
In addition, it is equipped with universal frequency translators that perform jitter attenuation, clock generation, and frequency translation for general purpose applications. These devices use multiple inputs and precise time-to-digital converters capable of making accurate phase measurements to less than 1ps along with close-in phase noise performance.Â
Accurate, precise phase alignment performance makes this device suitable for T-BC classes C and D with cTE performance better than 5nanoseconds in customer systems. The clock matrix family of devices is ideal for use in 5G base station, routers, switches, and other networking systems.Â
Timing devices are used in the automotive sector in audio systems, car navigation system, infotainment system, smart driver assistance system, and safety control systems. It is also used in industrial applications such as ultrasound equipment, security equipment, smart energy meter, and machine vision equipment.
In October 2019, Seiko Epson Corp. developed two real-time clock modules: RX8111CE and RX4111CE. These modules are equipped with time-stamp function that logs and stores time information as well as can be used to record time of a system software updates, battery replacement, and system alerts. They consume 100nA and considerable reduction of 67% in current consumption makes it possible to use smaller, cheaper, and secondary battery. Clock modules are incorporated with SPI-Bus Interface and are ideal for use in factory automation equipment, hand-held terminals, security equipment, and navigation system.
Key Benefits of the Stakeholders
COVID-19 Scenario Analysis
Questions Answered in the Timing Device Market Research Report
Timing Device Market Report Highlights
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Key Market Players | Texas Instruments, Microchip Technology Inc., Seiko Epson Corp., IQD Frequency Products Ltd., Cypress Semiconductor Corp., Murata Manufacturing Co. Ltd., TXC Corp., Rakon Ltd., Knowles Corp., Kyocera Corp. |
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