The timing devices market is projected to grow from USD 5.24 billion in 2024 and is expected to reach USD 7.59 billion by 2030, growing at a CAGR of 6.4% from 2024 to 2030. The automotive industry is increasingly utilizing timing devices to improve the performance, security, and functionality of vehicles. Modern vehicles require precise timing solutions for their different systems and functions to coordinate them efficiently. In the automobile sector, there are several significant applications of timing devices such as anti-lock braking systems or anti-skid braking systems (ABS), navigation systems, vehicle body control systems, engine control systems among others.
Major players in the timing devices market include Seiko Epson Corporation (Japan), TXC Corporation (Taiwan), NIHON DEMPA KOGYO CO., LTD., (Japan), KYOCERA Corporation (Japan), Renesas Electronics Corporation (Japan), Rakon Limited (New Zealand), Microchip Technology Inc. (US), Texas Instruments Incorporated (US), Abracon (US), and Infineon Technologies AG (Germany), among others. New product launches, collaborations, and acquisitions were some of the key strategies adopted by the players in the timing devices market ecosystem to enhance their product portfolios, increase their market share, and expand their presence in the timing devices market.
To know about the assumptions considered for the study download the pdf brochure
Major Timing Devices companies include:
For instance, in April 2024, Seiko Epson Corporation (Japan), launched the SG2016CBN and SG2520CBN quartz oscillators characterized by extensive frequency bandwidths and low jitter that make them suitable for use in networks and audio devices. These oscillators support frequency range from 75 MHz up to 170 MHz employing the company’s low noise Integer-N PLL technology.
Similarly, in March 2024, NIHON DEMPA KOGYO CO., LTD. (Japan), developed a compact differential-output crystal oscillator measuring 2.0×1.6×0.7mm, designed for small optical communication modules.
Seiko Epson Corporation (Japan) designs, manufactures and sells information-related equipment, and precision-related devices. Its four main business segments include: Printing Solutions, Visual Communications, Manufacturing related and Wearables, and others. The products in Manufacturing related and Wearables include robotics solutions, wearable products, microdevices, and other businesses.
The microdevices offered by the company include quartz devices (crystal oscillators, crystal units, quartz sensors, and others) and semiconductors. The company offers a range of crystal oscillator products, which include simple packaged crystal oscillators (SPXOs), temperature-compensated crystal oscillators (TCXOs) as well as voltage-controlled crystal oscillators (VCXOs). In addition, it also produces oven-controlled crystal oscillators (OCXOs). The various applications for which these crystal oscillator can be applied include wired networks, measuring instruments, audio and broadcasting, and automotive.
NIHON DEMPA KOGYO CO., LTD. (Japan) is one of the top manufacturers of crystal oscillators. The company is involved in the production and sale of frequency control devices, and quartz products. Its timing devices portfolio includes crystal oscillators, crystal clock oscillators, crystal units, crystal filters, and surface acoustic wave devices. It has a diverse range of applications that are used as in-car electronics, base stations for mobile phones, audiovisual/office automation equipment, smart phones, and sensors. In addition to being located in Japan these companies have established their presence also in the US, the UK, France, Italy, Germany, Hong Kong, and other countries.
Related Reports:
Timing Devices Market by Oscillators- MEMS (SPMO, TCMO, VCMO, FSMO, DCMO, SSMO), Crystal (SPXO, TCXO, VCXO, FCXO, OCXO, SSXO, HiFlex, MCXO), Ceramic; Atomic Clocks; Clock Generators; Clock Buffers; and Jitter Attenuators - Global Forecast to 2030
Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
1615 South Congress Ave.
Suite 103
Delray Beach, FL 33445
USA : 1-888-600-6441
[email protected]
This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.
SEND ME A FREE SAMPLE