And this was BEFORE events in Europe with Russia...
DUBLIN, Aug. 16, 2021 /PRNewswire/ -- The "Crystal Oscillator Market with COVID-19 Impact Analysis by General Circuitry (SPXO TCXO, VCXO), Crystal Cut (AT Cut, BT Cut, SC Cut), Mounting Scheme (Surface Mount, Through-Hole) Application (Consumer Electronics), Geography - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
The crystal oscillator market size is projected to reach USD 3.1 billion by 2025 from an estimated USD 2.8 billion in 2020, at a CAGR of 2.1% from 2020 to 2025. The growing demand for crystal oscillators from consumer electronics is among the factors driving the growth of the crystal oscillator market.
TCXO is projected to register the highest CAGR from 2020 to 2025The TCXO segment of the crystal oscillator market is projected to grow at the highest CAGR from 2020 to 2025. The growth of this segment can be attributed to the advantages offered by TCXO in terms of their cost-effectiveness, performance, and temperature compensating properties. These oscillators are used to maintain frequency in varied temperatures in consumer electronics applications.
Others segment of crystal cut to register highest CAGR from 2020-2025The others segment is projected to grow at the highest CAGR during the forecast period. The growth of this segment can be attributed to the precision and accuracy, as well as the ability to withstand challenging environments. The oscillators considered in this category are used in applications such as space navigation systems, military communication, telecom and networking, and aerospace.
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