COVID19:MEMS OSCILLATOR MARKET TO REACH USD 2.5 BILLION BY 2027 | CAGR 46.3% — FORENCIS RESEARCH

Global MEMS Oscillator Market: Key Highlights

• According to the new market research report “MEMS Oscillator Market by Packaging Type (Surface-Mount Device Package, Chip-Scale Package), by Circuit (Temperature-Compensated MEMS Oscillator (TCMO), Frequency Select MEMS Oscillator (FSMO), Digitally Controlled MEMS Oscillator (DCMO), Simple Packaged MEMS Oscillator (SPMO) and Voltage-Controlled MEMS Oscillator (VCMO)), by Band (MHZ Band, KHZ Band),by Application (Automotive & Transportation, Military & Aerospace, Mobile Devices, Telecommunications, Consumer Electronics and Others) by Region (North America, Asia Pacific, Europe, Middle East and Africa, South America) — Global Forecast (2020 to 2027)”, the global MEMS Oscillator Market is estimated to reach USD 2.5 Billion by 2027 at a CAGR of around 46.3% during the review period.
• The MEMS oscillator is used to manage data transfer, radio frequencies and sequence electronic systems. Whereas, it is one of the efficient substitutes for the quartz crystal oscillators which help to enhance the resilience for mechanical shock.
• Moreover, it is lightweight with long battery life and environment friendly which will lead to enhance demand of market in forecast period.

Global MEMS Oscillator Market: Key Market Dynamics

• The growing adoption of MEMS oscillator in automotive electronics is witness to increase the demand of the market as it is widely used in automotive airbags and medical respirators. Whereas, it used in advanced driver assistance systems (ADAS) for the autonomous purpose and self-driving cars.
• One of the major key concern of the MEMS oscillator market is the available alternative such as crystal oscillator and quartz oscillators may lead to hinder the market growth.
• The Microchip has introduced a new product which more than 15 fold improvements in the reliability with more than 400-time improved tolerance to shock and five-time better vibration resistance as compare to the traditional quartz-based crystal devices.
• The growing demand of Internet of things (IoT) and mobile devices, as well as the interconnected device with its advantages such as small size, high reliability and low power consumption will lead to increase the growth of the market in the forecast period.

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Global MEMS Oscillator Market: Regional Overview

• Asia-Pacific:

The Asia-Pacific is anticipated to be one of the most attractive market for MEMS Oscillator market worldwide. According to the World economic forum, China is going a largest in the field of research and development by expecting 70% higher in 2017 as compare to 2012. According to the Australian Trade and Investment Commission, the Made in China 2025 and the Internet plus are planning to reach the China’s manufacturing sector with the value chain by advancing and growing innovative technology system.

• Europe

In the region, Germany is one of the world major player in the field of technology, and research and development. In the region European Semiconductor Industry Association (ESIA), is the major player of the semiconductor industry. It aims is to promote and boost the European based semiconductor sector toward the stakeholder and institutes for the sustainable business environment. According to the World Economic Forum, the USD 4.4 Billion which will represent 12% of the total capital for the development of the region. Its technologies innovation and development may lead to enhance the adoption rate and market growth in the forecast period.

Global MEMS Oscillator Market: Key Players Overview

• IQD Frequency Products Ltd:

The company is one of the market leader in the frequency control market as well as the part of Würth Elektronik eiSos group. Also the company is major provider in European market as a manufacturer and supplier of quartz based frequency control components. The advance range of MEMS oscillator are introduced for the application which need AEC-Q100 qualified of automotive grade products. In 2017, Ecliptek Corporation is being acquired by ILSI America LLC to enhance the product and distribution relationship.

• Microchip Technology Inc.:

Microchip Technology Inc. is an American company which manufactures the microcontroller, analog, and mixed signal. The company is one of the major provider of microcontroller and Flash IP solutions has announced the smallest package and lowest power MEMS oscillator in DSC6000 in 2016. Whereas the company in 2015, has acquired Micrel, which will improve the synergies and cross selling opportunities.

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