MEMS oscillator, also known as microelectromechanical (MEMS) system,
is employed as a timing device to generate highly stable frequencies
to measure elapsed time. These frequencies are used to manage data
transfer, sequence electronic systems, define various radio
frequencies, and measure elapsed time. These are MEMS timing devices
with multiple outputs for systems that require more than one
reference frequency. MEMS oscillators are very good and efficient
substitutes for quartz crystal oscillators that provide better
resilience for vibration, mechanical shock, and are more reliable in
terms of temperature variation. MEMS oscillators are lightweight,
have long battery backup, and are user-friendly.
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In terms of construction, the MEMS oscillators market is segmented
into surface mount and chip scale. In terms of frequency range, the
market can be segmented into mega Hertz (MHz) and kilo Hertz (kHz).
Moreover, in terms of control circuit, the market can be segmented
into temperature-compensated (TCMO) MEMS oscillator,
voltage-controlled (VCMO) MEMS oscillator, digital-controlled (DCMO)
MEMS oscillator, spread-spectrum (SSMO) MEMS oscillator, and
frequency select (FSMO) MEMS oscillator. Furthermore, in terms of
end-user industry, the market can be segmented into consumer
electronics, industrial, aerospace, defense and military,
telecommunications, and IT hardware networking. In terms of
geography, the market is segmented into Asia Pacific (APAC), Europe,
North America, Latin America, and Middle East & Africa (MEA).
Technological advancement coupled with increase in demand for
high-precision timing components with various customizations in sizes
for portable gadgets are key factors that are estimated to expand the
MEMS oscillator market. MEMS oscillators are offering tough
competition to its substitutes due to their cost-effectiveness. This
is increasing the demand for MEMS oscillators in the market.
Increased adoption rate of MEMS oscillators in various applications
of the networking industry, consumer electronic goods and gadgets
such as mobile phones, tablets, wearables, data cards, and industrial
GPS satellites among others is actually driving the MEMS Oscillator
market.
This trend is persuading manufacturers to explore new business
opportunities in the MEMS Oscillators market, which, in turn, is
driving the expansion of the market globally. Increased awareness and
popularity of MEMS oscillators in the consumer electronics industry
is a key factor that is fueling the expansion of the market.
Moreover, increase in demand for wearable technology with high
reliability and various others low-power consuming devices are
contributing to the expansion of the MEMS oscillator market. Rapid
growth of electronic wearables, mobile infrastructure, rise in demand
for improved performance, electronic device miniaturization, and
increased functionality are notable factors that are fueling the
expansion of the MEMS oscillator market. Standardized supply chain
along with high ramp rate and short lead times have further fueled
this expansion. Additionally, increased demand for LTE activity and
rapid growth of mobile infrastructure are driving expansion of the
market. Available substitutes such as crystal oscillator and quartz
oscillator is a significant restraining factor for the MEMS
oscillator market.
In terms of geography, North America is the dominant market for MEMS
oscillator followed by Asia Pacific (APAC). Asia-Pacific (APAC) is a
rapidly growing market for MEMS oscillator. The U.S. and Canada are
the leading contributors in North America. In terms of market share,
Asia Pacific is leading significant market share followed by Europe.
Germany is among the key contributors in Europe. In Asia Pacific
(APAC), Japan and China are notable contributors to the rapidly
growing market in the region.
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The MEMS oscillator market is highly competitive with many
established players. Key players in the market include Silicon Labs,
Sand 9, Discera, Si Time Corporation, Vectron International, Inc. ,
Abracon Holdings, LLC (U.S.), Microchip Technology Inc. , Daishinku
Corp. , IQD Frequency Products Limited , Ecliptek Corporation ,
Jauch Quartz GmbH , ILSI America LLC (U.S.), and Raltron Electronics
Corporation.
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