Consumer Electronics Crystal and Oscillators Market Size, Share, Growth, and Industry Analysis, By Type (Crystal Units and Crystal Oscillators), By Application (Smartphones, Smartwatches, Smart Home Devices and Others) and Regional Forecast to 2032

Updated On: 04 November 2024

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CONSUMER ELECTRONICS CRYSTAL AND OSCILLATORS MARKET REPORT OVERVIEW

The Consumer Electronics Crystal and Oscillators Market Size is Projected to be worth US$ 4059.99 Million in 2023. The Market is likely to Surpass US$ 5010 Million by 2032 at a CAGR of 2.34% During the Forecast period [2024-2032].

The consumer electronics industry relies on crystal oscillators, especially in providing piezoelectric properties of quartz to offer frequency sources and clock signals. These are essential in numerous uses, including cable television systems, personal computers, video cameras, smartphones and gaming consoles. For example, in cable TV technology, a crystal oscillator is used to produce highly accurate signals for signal processing, thereby facilitating effective viewing. In personal computers and gaming consoles, they offer timely portions to the processing of the data offered thus improving the results. Along the same line, in smartphone and wearable devices, the crystal oscillators offer a high level of accuracy for timing data transfers, which results in reliable connectivity and efficiency in the utilization of battery power.

The features of crystal oscillators make them very essential in consumer electronics because they help in enhancing the correct timing and functionality of the appliance. They offer stable frequency sources which are crucial for the smooth performance of numerous pieces of equipment such as personal computers, smartphones and game consoles. This stability helps in improving the performance of products thereby improving the user experiences that are delivered. Furthermore, the use of crystal oscillators can be seen as enhancing the longevity of the latest electronic devices as these can perform their functions for an extended amount of time. It is impossible to overstate their ability to provide stable timing signals critical to the successful performance and operation of consumer electronics in many diverse applications.

COVID-19 Impact: Market growth is limited by pandemic due to disruptions in production and supply chain

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.

The outbreak of the pandemic greatly affected the supply chain and production of quartz crystals and oscillators, which created problems for the industry’s main market players. Quarantine measures and restrictions which prevented the virus from spreading impacted the production processes in manufacturing industries around the world, thus a shortage of some electronic parts. Other issues that were compounded by this include an increase in the reliance on the value chains due to disruptions in logistics and transport. Consequently, manufacturers were challenged when it came to satisfying demand from the consumer electronics industry, telecommunications and any other markets that relied on crystal oscillators. These disruptions showed how supply chains in the electronics sector remain open to external disruptions and demonstrated the need for reliability and backup arrangements.

LATEST TRENDS

"Wireless connectivity and IoT to drive the market"

Modern trends in the development of IoT systems and smart home technologies have caused a constantly growing interest in oscillators designed for Bluetooth, Wi-Fi, Zigbee and many other devices. Such protocols are instrumental in establishing efficient wireless links in a plethora of smart devices including but not limited to smart speakers, home automation devices, wearable devices and smart sensors used in the manufacturing industry. As such, oscillators tailored for these applications have to satisfy very specific frequency stability, power dissipation, as well as size and footprint characteristics to accommodate the variability of IoT systems. With the growth in the number of connected devices, there exists an increasing demand for dependable and highly performant oscillators capable of enabling stable wireless communication. This trend is a key factor in the market growth of specialized oscillators that can address the challenges and requirements for wireless connectivity in the IoT environment.

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CONSUMER ELECTRONICS CRYSTAL AND OSCILLATORS MARKET SEGMENTATION

By Type

Based on type the global market can be categorized into Crystal Units and Crystal Oscillators.

• Crystal Units: Used primarily in consumer electronics such as smartphones, tablets and laptops, crystal units establish timing and frequency control for cellular connectivity, Wi-Fi and Bluetooth. They work at frequencies such as 32 kHz, 25 MHz and 100 MHz, and have different package types such as surface mount, through-hole and lead. They are thus implementable on many automotive, industrial and medical devices.

• Crystal Oscillators: The main application areas of crystal oscillators include the consumer market, the automotive and industrial markets and the medicine industry. They typically produce very highly stabilized timing signals at 32 kHz, 25 MHz and 100 MHz rates. These timing devices and frequency control products are surface-mount, thru-hole and led, ensuring the delivery of exact timing and frequency to cellular connectivity, Wi-Fi and Bluetooth functions and a wide array of applications with trouble-free operation.

By Application

Based on application the global market can be categorized into Smartphones, Smartwatches, Smart Home Devices and Others.

• Smartphones: Crystal oscillators are applied to obtain precise timing and firm control of frequency in smartphones. The resultant clock signals are supplied to baseband processors and power management ICs. In addition, the advent of 5G smartphones increases the demand for oscillators that offer high performance and low power to operate at higher frequencies. Miniaturized SMD crystal oscillators are developed to satisfy the space and power efficiency demands of this application while providing accurate timing and stable connectivity.

• Smartwatches: Crystal oscillators provide the smartwatch with precise timekeeping and enable wireless data transfer to support step counting, heart rate monitoring and sleep tracking. The energy-efficient oscillators should be used to ensure a reduction in power consumption and an increase in battery life. Such speciality oscillators enable devices to perform reliably and connect easily, thus powering growth in the wearables market and enhancing user experience.

• Smart Home Devices: Crystal oscillators are used in smart home devices such as smart speakers, thermostats and security systems for highly accurate timing and synchronization. These types of oscillators generate precise clock signals for microcontrollers and wireless communication modules, enabling reliable and energy-efficient system operation. Manufacturers develop special oscillators with low power consumption and temperature compensation for compliance with the requirements of smart homes. This enhancement in user experience is expected to fuel market growth during this period.

• Others: Consumer electronics crystals and oscillators of gaming consoles, digital cameras and portable audio devices acquire immense significance. For gaming consoles, these parts provide accurate timing to video and audio processing, for digital cameras, they ensure proper timing to image sensors and provide transfer data that enable picture capture and for portable audio devices, they maintain the timing to enable audio playback and wireless connectivity that ensures reliable operation and an enhanced user experience.

DRIVING FACTORS

"Rising usage of consumer electronics in all sectors to boost the market"

The rising sales of consumer electronics such as smartphones, tablets, laptops and others greatly influence the incremental opportunity of the global Consumer Electronics Crystal and Oscillators Market growth. Many of these electronics require accurate timing and various electronics use crystal oscillators for generating the clocks required for their important operations. In smartphones and tablets, for instance, oscillators are used to provide the correct timing for processors, memory modules and communication interfaces to enable the usual operation and functioning. Laptops have advanced timing features that dictate how data is decomposed and synchronized throughout the system. With the competitive consumer electronics goods having more advanced features, the application of crystal oscillators remains crucial. This trend has highlighted the significance of such components in enhancing the performance, stability as well as usability of advanced electronic devices and this in turn has helped to fuel technological advances in the oscillator market.

"Increasing in technological innovations to penetrate the market"

Recent developments in communication areas such as the 5G and millimeter-wave have spurred the need for high-quality crystal oscillators. These advanced communication technologies require interfaces that have exceedingly low jitter levels and high stability to ensure that the data is transmitted effectively and the connection is consistent. Crystal oscillators play a critical role in addressing these needs as they are used to generate the necessary timing and frequency needed for the high data rates and low latency expected from 5G networks. To make communication at extremely high frequencies of millimeter waves possible, it is necessary to find reliable oscillators that can work stably in adverse conditions. Therefore, as these technologies develop and spread across numerous endpoints, including mobile phones and IoT, it is evident that accuracy and performance, provided by high-quality crystal oscillators, have a crucial role in applications’ performance, power consumption and end-user experience.

RESTRAINING FACTORS

"MEMS-based oscillators act as formidable competitors in the market"

The threat from the consumer electronics market has grown more formidable, particularly from the micro-electro-mechanical systems or MEMS-based oscillators. MEMS oscillators built on silicon wafers are an alternative to crystal oscillators and have some advantages, such as smaller size, possible lower price and can be better for some uses. Due to their small size, they find usefulness in being incorporated into devices with limited space and MEMS improvements have improved the stability and precision of the accelerometer. These oscillators are capable of running under a multitude of varieties of environmental conditions and, therefore, offer a favourable solution for circuits that need rugged and highly adaptive functions. Over time as MEMS advances as a technology, it can increasingly become more of a viable substitute for crystal oscillators particularly in high-demand consumer markets which are sensitive to size, cost and performance, possibly revolutionizing the market.

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CONSUMER ELECTRONICS CRYSTAL AND OSCILLATORS MARKET REGIONAL INSIGHTS

The market is primarily segregated into Europe, Latin America, Asia Pacific, North America, and Middle East & Africa.

"Asia Pacific dominates the market due to government support and investments"

Government support and investments are driving the global Consumer Electronics Crystal and Oscillators Market  share in the Asia Pacific region. Given the importance of the electronics industry, governments are investing a large amount of resources in this sector. These are research and development grants and subsidies the most common of which have been the promotion and development of infrastructure for improved production capacity and technology. They are at the helm of initiatives, promoting conditions that support innovation and facilitate the attraction of key electronics companies. Such extensive support not only contributes towards the growth of the crystal oscillator market but also consolidates the region’s leadership role in electronics manufacturing. These investments are vital in propelling the advancement in technologies and filling the growing need for better and more precise timing parts used in consumer electronics, telecommunication industries and other sectors.

KEY INDUSTRY PLAYERS

"Key industry players are investing in high-frequency and 5 G-enabled oscillators for market expansion"

Key industry players are investing heavily in the research and development of high-frequency and 5 G-enabled oscillators because of the rising importance of advanced wireless communications. The evolution of 5G technology, which necessitates the utilization of different bands and frequencies that demand higher quality crystal oscillators, phase noise and stability, has led to the development of new crystal oscillators. These advanced oscillators are essential to provide the adequate bandwidth and low latency that 5G and other high-frequency applications in consumer electronics require. These oscillators improve the robustness of 5G networks and any devices that permit communication, including smartphones due to the level of timing and frequency they offer. Thus, market growth of 5G technology will keep developing high-performance crystal oscillators as one of the significant areas of interest for industry leaders due to the focus on the technological component and the advancement of the components for better user experience.

LIST OF MARKET PLAYERS PROFILED

• Seiko Epson Corp (Japan)
• NDK (Japan)
• Murata Manufacturing (Japan)
• KCD (Japan)
• River Eletec Corporation (Japan)
• TKD Science (China)
• Failong Crystal Technologies (China)
• ZheJiang East Crystal (China)
• Guoxin Micro (China)
• Hosonic Electronic (China)
• Harmony (Taiwan)
• Siward Crystal Technology (Taiwan)
• Taitien (Taiwan)
• TXC Corporation (Taiwan)
• Microchip (U.S.)
• SiTime (U.S.)
• Rakon (New Zealand)
• Micro Crystal (Switzerland)
• KDS (Austria)

INDUSTRIAL DEVELOPMENT

April 2024: Microchip Technology has expanded its partnership with TSMC to enhance semiconductor manufacturing at Japan Advanced Semiconductor Manufacturing, Inc. (JASM). This initiative focuses on specialized 40nm processes to boost supply chain resiliency. It strengthens Microchip’s capacity to serve global customers in automotive, industrial, and networking markets, ensuring reliable supply amid changing business conditions and natural disasters.

REPORT COVERAGE

The study encompasses a comprehensive SWOT analysis and provides insights into future developments within the market. It examines various factors that contribute to the growth of the market, exploring a wide range of market categories and potential applications that may impact its trajectory in the coming years. The analysis takes into account both current trends and historical turning points, providing a holistic understanding of the market's components and identifying potential areas for growth.

The research report delves into market segmentation, utilizing both qualitative and quantitative research methods to provide a thorough analysis. It also evaluates the impact of financial and strategic perspectives on the market. Furthermore, the report presents national and regional assessments, considering the dominant forces of supply and demand that influence market growth. The competitive landscape is meticulously detailed, including market shares of significant competitors. The report incorporates novel research methodologies and player strategies tailored for the anticipated timeframe. Overall, it offers valuable and comprehensive insights into the market dynamics in a formal and easily understandable manner.