Stratview Research has launched a new report, titled MEMS Electronic Oscillators Market is segmented By Type (Simple Packaged MEMS Oscillator (SPMO), Temperature-Compensated MEMS Oscillator (TCMO), Voltage-Controlled MEMS Oscillator (VCMO), Frequency Select MEMS Oscillator (FSMO), Digital-Controlled MEMS Oscillator (DCMO), Spread-Spectrum MEMS Oscillator (SSMO), Others), By End Use (Telecommunication and Networking, Consumer Electronics, Automotive, Medical and Healthcare, Others), and Region
Covid-19 Impact Analysis:
Covid-19 has highly impacted the market dynamics, competition, and supply chain of almost all industries. The revenues have gone down in 2020 and are expected to resume an uptrend gradually from 2021 and continue to grow further. The report covers all the segments that were affected by the pandemic.
According to the report, The MEMS Electronic Oscillators Market is estimated to grow from USD 92.8 million in 2020 to USD 387.5 million by 2026 at a healthy CAGR of 27.5% during the forecast period.
Market Segments’ Analysis
Based on end-use, the MEMS electronic oscillators market has been classified into telecommunication and networking, consumer electronics, automotive, medical and healthcare, and others. The consumer electronics segment accounted for the largest market share in 2020. The new launches of consumer electronics products are likely to propel the demand for MEMS-based oscillators. With applications across wearables and smartphones, the need to enable smaller, lower power IoT-enabled devices, further promulgate the segment growth.
By region, the Asia Pacific MEMS Electronic Oscillators market held a significant share in 2020 and is expected to grow at a significant CAGR during the review period. The MEMS electronic oscillators market growth is mainly propelled by growing economic growth, which was reflected in rising disposable incomes in countries like China and India. Also, the significant presence of semiconductor and consumer electronics companies in countries of Taiwan, China, South Korea, and Japan, further boosts the regional market growth.
The North America MEMS Electronic Oscillators market is expected to grow at a healthy CAGR during the review on account of the growth of the major end-use industries. The region is equipped with R&D support along with a huge financial backing for the development as well as strong adoption of advanced technologies across industries, and increasing sales of consumer electronics, which are likely to bolster the regional market growth.
The following are the key players in the MEMS Electronic Oscillators Market
- Maxim Integrated Products Inc. (US)
- Microchip Technology Inc. (US)
- Raltron Electronics (Rami Technology USA LLC) (US)
- Renesas Electronics Corporation (Japan)
- Abracon LLC (US)
- TXC Corporation (Taiwan)
- SiTime Corporation (US)
- Daishinku Corp. (Japan)
- Rakon Limited (New Zealand)
- Micrel (US)
Frequently Asked Questions –
This report provides vital information and valuable insights, enabling the users to identify the strategic growth opportunities in the market. The report aims at answering the following key questions:
- What is the current and future market size of MEMS Electronic Oscillators Market?
- How has the COVID-19 pandemic impacted the market? How fast is it expected to recover?
- What will be the short and long-term effects of the pandemic?
- How are other market factors affecting the market dynamics?
- Which segments offer high-growth opportunities in the long run?
- How fierce is the MEMS Electronic Oscillators Market competition?
- What are the key emerging trends and unmet needs in the present market?
- What are the strategic growth opportunities and key success factors?
Read the full report: https://www.stratviewresearch.com/2454/MEMS-Electronic-Oscillators-Market.html
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