Crystal oscillator Market is $1.8 billion in 2017 and is estimated to surpass $2.41B during 2018-2023 growing at a CAGR of 6.25%.
Asia Pacific is the largest region in the Next Generation Crystal Oscillators Market due to the growing consumer electronics in the region. The market in this region is expected to reach
$1576.68 million at a CAGR of 5.90%. Countries such as South Korea and China are the main consumers for the next generation crystal oscillators. The growing economies in Asia Pacific have led to increasing disposable income. This drives the consumer electronics market in the
Selected Analysis Done in the Full Report: The arrival of digital control in consumer electronics is the main factor responsible for the growth of the next generation crystal oscillators. Consumer electronics consists of
microcontroller run computing products such as desktop PC, portable PC, mobile phones, digital cameras, etc. The emergence of smart phones and tablets in regions such as Asia Pacific and Latin America will be the major driver of these devices. The wearable electronics
industry is performing well in the smart watch, fitness & wellbeing sectors. These factors along with the innovations in the wearable infotainment category will accelerate the growth of the crystal oscillator. Contact : [email protected]
Excerpts on Market Growth Factors Mentioned in the Full Report:
The Next Generation Crystal oscillator Market has been witnessing a significant
growth due to the growing penetration of smart devices such as smartphones, tablets and wearable devices across the world. Low power and reduced form factor of the oscillators are indispensable for the smart devices as the size of the smart phones,
wearable devices and tablets has reduced drastically in terms of width.
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