anticipated to increase the demand of Timing ICs in the upcoming years. In turn this
is also expected to affect the Timing Devices market in a positive manner during the
forecasted period of 2017-2025.
Cyclical nature of the semiconductor industry is acting as a restraining factor for the
Timing Devices market from achieving its full potential. The biggest challenge that
MEMS Oscillators are facing that they synthesize the output frequency from a few
MEMS resonator designs only .The presence of a PLL in between the MEMS
resonator and the output does not actually generate a good quality signal as the
quartz based design. This is acting as a restraining factor in the growth of Timing
Devices market.
By type of products, oscillators held the largest market share because of its growing
usage in portable electronics and wearable electronics. However, resonators is
projected to achieve exponential growth during the forecast period. Miniaturization
of electronic devices and growing demand for the semiconductor clocks in wearable
devices makes it the most appropriate choice for various end user segments.
Geographically, the Timing Devices market is being primarily driven by Asia Pacific
region. Rising demand of Timing ICs in automotive and consumer electronics
industry is driving the Asia Pacific region. Rapidly growing demand of MEMS and
Crystal Oscillators in broadcast transmitters and mobile phones is expected to drive
the Timing Devices market rapidly. This region is anticipated to maintain its
dominance in the market during the forecasted period from 2017-2025 owing to the
presence of huge number of consumer electronics equipment manufacturers in
countries like China, South Korea and Japan among others.
Some of the leading players operating in the Timing Devices market includes Texas
Instruments Incorporated (The U.S.), Asahi Kasei Corporation (Japan), Rakon Limited
(New Zealand) , Cypress Semiconductor Corporation (The U.S.), IQD Frequency
Products Ltd. (The U.K.), TXC Corporation (Taiwan). SEIKO Epson Corporation (Japan)
among others.
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not limited to: Regional markets, technology, types, and applications.
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