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We expect the global crystal oscillator market to exhibit a CAGR of 5.4% during 2022-2027.
The expanding applications of crystal oscillators across numerous end-use industries, such as military and defense, electronics, IT and telecommunication, etc., for high accuracy and stability, are currently catalyzing the global crystal oscillator market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in temporary closure of numerous manufacturing units for crystal oscillators.
Based on the type, the global crystal oscillator market can be segmented into voltage-controlled crystal oscillator, temperature-compensated crystal oscillator, oven-controlled crystal oscillator, and others. Currently, temperature-compensated crystal oscillator exhibits a clear dominance in the market.
Based on the crystal cutting type, the global crystal oscillator market can be divided into AT cut, BT cut, SC cut, and others. Among these, AT cut currently accounts for the majority of the total market share.
Based on the mounting scheme, the global crystal oscillator market has been categorized into surface mount, and thru-hole.
Based on the end user, the global crystal oscillator market can be bifurcated into electronics, IT and telecommunication, military and defense, automotive and transport, and others. Among these, the Electronics currently accounts for the majority of the global market share.
On a regional level, the market has been classified into North America, Asia Pacific, Europe, Latin America, and Middle East and Africa, where Asia Pacific currently dominates the global market.
Some of the major players in the global crystal oscillator market include CTS Corporation, Daishinku Corp., KYOCERA Corporation, Microchip Technology Inc., Murata Manufacturing Co. Ltd., Nihon Dempa Kogyo Co. Ltd., Rakon Limited, River Eletec Corporation, Seiko Epson Corporation, Siward Crystal Technology Co. Ltd., and TXC Corporation.
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