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Download Free sampleThe global Crystal Oscillator market was valued at 2414.84 Million USD in 2021 and will grow with a CAGR of 3.71% from 2021 to 2027, based on Research newly published report.
The prime objective of Crystal Oscillator Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, Crystal Oscillator Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Crystal oscillator circuit is a resonating device that uses a piezoelectric crystal resonator to produce electric pulses with precise frequency via mechanical vibrations. A piezoelectric material is used in these crystals owing to the advantages of crystal oscillator such as converting mechanical vibrations into electric pulses and vice versa. These advantages have broadened the areas of applications of crystal oscillator. A crystal oscillator is a type of electronic oscillator/frequency oscillator that produces oscillations of a certain frequency. These crystals are utilized in digital devices such as integrated circuits, radio transmitters, and watches to produce clock signals.One of the several factors that increase the demand for crystal oscillators is the requirement of highly stable frequency oscillators in the telecommunication industry. Furthermore, there is continuous increasing need for more compact telecommunication components with low power consumption and cost efficiency, which is served by intensive R&D activities in the crystal oscillator market. Among all the crystal oscillators, oven-controlled crystal oscillators offer the unmatched frequency stability and are best suited for telecommunication applications. In addition, the demand for crystal oscillator circuits in portable electronic devices , infotainment system in vehicles, automatic driver assist systems (ADASs) in the automotive industry drive the growth of crystal oscillator market. The wide range of crystal oscillator application includes industries such as electronics, IT & telecommunication, automotive & transport, and aerospace & defense.
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