Expanding higher speed telecom and mobile applications are significantly contributing to the growth of global MEMS Oscillator market. In the past, oscillators and clocks circuits designed were based on quartz crystals for the creation of a stable frequency reference. However, microelectromechanical systems (MEMS) technology-based oscillator is gaining traction, as these devices outperform quartz oscillators in noisy environments. Silicon MEMS oscillators has various inherent advantages over traditional quartz crystal oscillators such as high reliability, less power consumption, extended operating temperatures, stable frequency, high integration flexibility, better robustness against shock and vibration, and smaller in size.
The growing trend for smaller size and increased functionality in the consumer electronics market coupled with increasing focus on incorporating electronic components with improved shock and vibration resistance by OEMs across various consumer electronics product segments drives the growth of global MEMS oscillators market. Increasing number of battery-powered electronic systems, expanding low power internet of things (IoT) infrastructure, and rising demand for wearables such as smart watches, wearable cameras, smart glasses, and other healthcare wearables are significantly contributing to the growth of global MEMS oscillators market. Further, the expansion of the automotive sector across regions along with increasing automotive applications relying on MEMS-based oscillators and clocks is accelerating the growth of the market.
The MEMS oscillator market can be segmented based on type, packaging Type, and applications. Based on the type, the MEMS oscillator market can be segmented into voltage-controlled MEMS oscillator, temperature-compensated MEMS oscillator, frequency select MEMS oscillator, and others. Based on the type, MEMS oscillator market can be segmented into the chip-scale package and surface-mount device package. Based on application, the MEMS oscillator market can be segmented into consumer electronics, automotive, internet of things & wearables, telecommunications devices, aerospace & defense, and others.
Some of the key players present in the global MEMS Oscillator market includes Microchip Technology Inc., SiTime Corp., Jauch Quartz GmbH, ILSI America LLC (,Ecliptek), Abracon, Raltron Electronics, and, Integrated Device Technology, Inc.,
– Delsingh Bright,
Market Research Analyst