The European Crystal Oscillator Market is Expected to Reach $361.2 Million by 2018
- by Macrobizes
The European crystal oscillator market report defines and segments the market in Europe with analysis and forecast of revenue. This market was valued at $328.2 million in 2013, and is expected to reach $361.2 million by 2018, at a CAGR of 1.9% from 2013 to 2018.
Browse through the TOC of the European crystal oscillator market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation of the market, and is supported by various tables and figures.
Crystal oscillators are one of the core components of any electronic device. Using the property of piezoelectricity, which is exhibited by certain crystals like quartz, they create wave forms with very accurate frequency based on the mechanical vibration of the precision machined crystal. The crystal oscillator market is a mature market, as these oscillators are found in numerous applications such as the consumer electronics, network, wire and wireless communication, aerospace & military, and electronic components industries. Although there are substitutes for crystal oscillators, such as silicon timing devices, dielectric resonance oscillators and Micro-Electro-Mechanical systems (MEMS) technology, none of them are close to giving fierce competition to crystal oscillators.
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The crystal oscillator market is triggered due to numerous factors, such as the growth of the smartphones and tablet market, deployment of 3G & 4G networks, and advancement in healthcare equipment. Europe is a stable market for crystal oscillators due to its usage in various industries such as automotive, energy, chemical, oil & gas, and healthcare. Countries contributing towards the European crystal oscillator market are the U.K., Germany, and France.
This market is segmented and forecast based on type, end user, process, and technology. The markets in terms of type comprise Simple Packaged Crystal Oscillator (SPXO), Temperature-Compensated Crystal Oscillator (TCXO), Voltage-Controlled Crystal Oscillator (VCXO), Frequency-Controlled Crystal Oscillator (FCXO), and Oven-Controlled Crystal Oscillator (OCXO). On the basis of end users, the market is segmented into Aerospace & Defense, Automotive, Consumer Electronics, Industrial Manufacturing, and Telecommunication systems. On the basis of processes, the market is segmented into surface mount and thru-hole. The market is further segmented and forecast based on technologies such as SC cut, AT cut, and BT cut.
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