China Crystal Oscillator Market Size (2024 - 2029)

The China crystal oscillator market is poised for growth, driven by the increasing demand from emerging applications such as the Internet of Things (IoT) and industrial automation. The market's expansion is supported by the country's position as a leading IoT hub and the government's industrial initiatives. Despite challenges posed by the adoption of MEMS-based oscillators, which offer unique advantages, the crystal oscillator market continues to thrive, particularly in the consumer electronics sector. The recovery of production facilities post-Covid-19 has further bolstered the market's trajectory, ensuring a robust supply chain to meet the rising demand.

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Market Size of China Crystal Oscillator Industry

China Crystal Oscillator Market CAGR
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 4.40 %
Market Concentration Low

Major Players

China Crystal Oscillator Market Major Players

*Disclaimer: Major Players sorted in no particular order

China Crystal Oscillator Market Analysis

The China Crystal Oscillator Market was valued at USD 290.3 million in 2020, and it is expected to reach USD 366.36 million by 2026, registering a CAGR of 4.4% during the forecast period (2021-2026). The crystal oscillator is an electronic oscillator circuit that uses the mechanical resonance of a vibrating crystal of piezoelectric material to create an electrical signal with a precise frequency and provide a better level of performance than that by LC resonator circuits. However, crystal oscillators are still affected by temperature. Even AT-cut crystals will be affected by temperature despite the fact that their operation has been optimized for use over the range of 0 to 70°C. Accordingly, it is possible to compensate for many of the effects using a temperature compensated crystal oscillator (TCXO), providing solutions for telecom, networking, wireless, and embedded applications, and Chinese players are widely manufacturing this oscillator mostly for consumer electronics applications.

  • The Chines market for crystal oscillator is expected to grow due to the increasing number of emerging applications such as IoT. According to GSMA, China is one of the world's largest Internet of Things (IoT) markets, with approx 64% of the 1.5 billion global cellular connections in 2019. IoT includes a multitude of networked wireless communications like Bluetooth, including Low Energy and Smart, Zigbee, Z-Wave, 802.15.4, 802.11 b/g/n, and RFID, among others. With increasing IoT devices, the demand for crystal oscillator provides a significant growth in China.
  • Moreover, under the Chinese government's 'Made in China 2025' industrial master plan, the number of industrial automation operating in the country would expand tenfold to 1.8 million units by 2025. For industrial automation, the crystal oscillator with XO is used to provide reference timing for the SoC's internal PLLs. It offers an independent, isolated reference clock optimized to provide low-jitter operation with minimal crosstalk. Due to such features, these type of crystal oscillator caters to the high demand for such applications.
  • Further, the adoption of MEMS-based Oscillators is challenging the market growth in some of the applications due to its unique properties. SiTime MEMS oscillators are beyond ten times lower in vibration sensitivity compared to quartz oscillators providing its unique functionality. Also, MEMS oscillators have several programmable features that improve system performance, including options for frequency output and waveform tuning. These all parameters cater to an intense rivalry for the crystal oscillator market.
  • However, the impact of Covid-19 affected the market in the past March 2020. But since the production and manufacturing facilities are again resumed currently since April, the demand and supply of crystal oscillators in China are still taking a growth mostly in the all the sector with more demand in the consumer electronics sector. For instance, Chongqing Hi-tech Zone has rolled out policies to help companies resume production during the fight against the novel coronavirus. In TXC Corporation, a total of 1,598 companies involving 102,894 workers in the zone have resumed production and operation.

China Crystal Oscillator Industry Segmentation

The Crystal Oscillator provides an electronic oscillator circuit that uses the mechanical resonance of a vibrating crystal of piezoelectric material to create an electrical signal with a precise frequency, wherein China the market provides its solution to applications such as Mobile & Consumer Electronics, Automotive, etc.

By Application
Mobile & Consumer Electronics
Automotive
Networking
Internet of Things (IoT)
Other Applications
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China Crystal Oscillator Market Size Summary

The China Crystal Oscillator Market is poised for growth, driven by the increasing demand for precise frequency control in various applications, including consumer electronics, telecommunications, and industrial automation. Crystal oscillators, which utilize the mechanical resonance of piezoelectric materials to generate electrical signals, offer superior performance compared to traditional LC resonator circuits. Despite their susceptibility to temperature variations, advancements such as Temperature Compensated Crystal Oscillators (TCXO) provide solutions for maintaining performance across a range of temperatures. The market is further bolstered by the rise of Internet of Things (IoT) applications, where the need for reliable and stable oscillators is critical. The Chinese government's 'Made in China 2025' initiative is expected to significantly expand industrial automation, further driving the demand for crystal oscillators.

The competitive landscape of the China Crystal Oscillator Market is marked by the presence of key players such as Seiko Epson Corporation, Nihon Dempa Kogyo Co., Ltd, and TXC Corporation, who are continuously innovating to meet the evolving demands of the market. The adoption of MEMS-based oscillators presents both challenges and opportunities, offering unique properties that enhance system performance. The smartphone industry, with major manufacturers like Huawei, Apple, and Xiaomi, is a significant contributor to the demand for crystal oscillators, particularly for WiFi and Bluetooth applications. Additionally, the electric vehicle sector's growth necessitates highly reliable timing devices, further propelling the market. Recent developments, such as Rakon's release of a miniature OCXO for 5G applications, highlight the ongoing advancements and competitive dynamics within the market.

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China Crystal Oscillator Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Introduction to Market Dynamics

    2. 1.2 Market Drivers

      1. 1.2.1 Increasing number of Emerging Applications (Such as IoT Devices, Robotic, etc.)

    3. 1.3 Market Challenges

      1. 1.3.1 Evolution of MEMS-based Oscillators

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Application

      1. 2.1.1 Mobile & Consumer Electronics

      2. 2.1.2 Automotive

      3. 2.1.3 Networking

      4. 2.1.4 Internet of Things (IoT)

      5. 2.1.5 Other Applications

China Crystal Oscillator Market Size FAQs

The China Crystal Oscillator Market is projected to register a CAGR of 4.40% during the forecast period (2024-2029)

Seiko Epson Corporation ​, Nihon Dempa Kogyo Co., Ltd, TXC Corporation ​, Kyocera Corporation and Daishinku Corporation (KDS) are the major companies operating in the China Crystal Oscillator Market.

China Crystal Oscillator Report Snapshots

China Crystal Oscillator Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)