Oven-Controlled Crystal Oscillator (OCO) Market

Oven-Controlled Crystal Oscillator (OCO) Market Size, Share, Growth Analysis, By Mounting Scheme(Surface Mount, Through-hole), By Type(Double Oven Controlled Crystal Oscillators (DOCXO), Evacuated Miniature Crystal Oscillators (EMXO)), By Application(Telecom & Networking, Consumer Electronics), By Region(Americas, US) - Industry Forecast 2024-2031

Report ID: UCMIG45K2071 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Oven-Controlled Crystal Oscillator (OCO) Market Insights

Market Overview:

The market for OCXO is anticipated to increase from USD 464 million in 2023 to USD 528 million by 2028, growing at a CAGR of 2.6% over that time. Drivers include the development of the telecommunications sector and the expansion of OCXOs's applications

Oven-Controlled Crystal Oscillator (OCO) Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Electronic Components by segment aggregation, the contribution of the Electronic Components in Technology Hardware & Equipment and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

Segmentation Analysis:

The Oven-Controlled Crystal Oscillator (OCO) Market is segmented by Mounting Scheme, Type, Application, Region. We are analyzing the market of these segments to identify which segment is the largest now and in the future, which segment has the highest growth rate, and the segment which offers the opportunity in the future.

Oven-Controlled Crystal Oscillator (OCO) Market Basis Point Share Analysis, 2021 Vs. 2028
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  • Based on Mounting Scheme the market is segmented as, Surface Mount, Through-hole
  • Based on Type the market is segmented as, Double Oven Controlled Crystal Oscillators (DOCXO), Evacuated Miniature Crystal Oscillators (EMXO)
  • Based on Application the market is segmented as, Telecom & Networking, Consumer Electronics, Military & Aerospace, Research & Measurement, Industrial, Automotive, Medical
  • Based on Region the market is segmented as, Americas, US, Canada, Mexico, Rest of the Americas, Europe, UK, Germany, France, Rest of Europe, Asia Pacific, China, Japan, South Korea, Taiwan, Rest of Asia Pacific, ROW, Middle East, Africa, KEY MARKET PLAYERS, Seiko Epson Corporation, NIHON DEMPA KOGYO CO., LTD., TXC Corporation, Daishinku Corp., Microchip Technology Inc., SiTime Corporation, Rakon Limited., Abracon, Mercury Electronic Ind. Co., Ltd., Greenray Industries, Inc., MTI-Milliren Technologies, Inc., QVS Tech, Inc., Bliley Technologies, Inc., CTS Corporation, Micro Crystal AG, MtronPTI, IQD Frequency Products, Raltron Electronics, ECS Inc.

Regional Analysis:

Oven-Controlled Crystal Oscillator (OCO) Market is being analyzed by North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle East & Africa (MEA) regions. Key countries including the U.S., Canada, Germany, France, UK, Italy, Spain, China, India, Japan, Brazil, GCC Countries, and South Africa among others were analyzed considering various micro and macro trends.

Oven-Controlled Crystal Oscillator (OCO) Market Attractiveness Analysis, By Region 2020-2028
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Oven-Controlled Crystal Oscillator (OCO) Market : Risk Analysis

SkyQuest's expert analysts have conducted a risk analysis to understand the impact of external extremities on Oven-Controlled Crystal Oscillator (OCO) Market. We analyzed how geopolitical influence, natural disasters, climate change, legal scenario, economic impact, trade & economic policies, social & ethnic concerns, and demographic changes might affect Oven-Controlled Crystal Oscillator (OCO) Market's supply chain, distribution, and total revenue growth.

Competitive landscaping:

To understand the competitive landscape, we are analyzing key Oven-Controlled Crystal Oscillator (OCO) Market vendors in the market. To understand the competitive rivalry, we are comparing the revenue, expenses, resources, product portfolio, region coverage, market share, key initiatives, product launches, and any news related to the Oven-Controlled Crystal Oscillator (OCO) Market.

To validate our hypothesis and validate our findings on the market ecosystem, we are also conducting a detailed porter's five forces analysis. Competitive Rivalry, Supplier Power, Buyer Power, Threat of Substitution, and Threat of New Entry each force is analyzed by various parameters governing those forces.

Key Players Covered in the Report:

  • rket is projected to grow from USD 464 million in 2023 to USD 528 million by 2028; it is expected to grow at a CAGR of 2.6% from 2023 to 2028. The expanding telecommunications industry and widening application scope of OCXOs are among the factors driving the growth of the OCXO market.
  • Driver: Expanding telecommunications industry
  • The telecommunications industry significantly drives the OCXO market. Precise timing and synchronization are crucial for developing wireless networks, implementing 5G technology, and faster data transfer. Oven-controlled crystal oscillators are essential in satellite, telecom, broadcast, and other space applications. 5G is expected to connect people, things, data, applications, transport systems, and cities in smart network communication environments. It can transfer large volumes of data swiftly, establish reliable connections between devices, and process massive volumes of data with minimal delay. 5G technologies are expected to support applications such as smart homes and buildings, smart cities, 3D video, work and play in the cloud, remote medical services, virtual and augmented reality, and massive machine-to-machine communications for industrial automation. Various crystal oscillators such as VCXOs, TCXOs, and OCXOs help easily design customer circuits and improve quality performance for high-speed networks and next-generation wireless telecommunication systems. Hence, the rising development of the 5G network is expected to drive the OCXO market, owing to its robust, reliable, and proven temperature-sensing capabilities.
  • Restraint: Higher power consumption of OCXOs
  • OCXOs often use more power than other oscillator categories because of the temperature-controlled oven functions. The higher power consumption of OCXOs may restrict their use in situations where power efficiency is important, such as battery-operated devices or low-power systems. Moreover, excess power consumption frequently leads to increased heat generation, particularly in small form factor devices or systems with constrained heat dissipation capacities. To control the heat produced by OCXOs, manufacturers may need to take additional steps, such as using heat sinks, thermal pads, or cooling systems, which can add complexity and expense. Hence, higher power consumption acts as a key roadblock for the manufacturers of OCXOs, thereby restraining market growth.
  • Opportunity: Growing need for high-precision timing and frequency stability due to network densification
  • The telecommunications network is shifting toward next-generation network connectivity and currently uses 4G/5G small cells and synchronous Ethernet to increase network data capacity, resulting in impending network densification. This drives the rapid deployment of end-use devices in uncontrolled environments, which will introduce added stressors on the systems, such as dynamic temperature changes, thermal shock, unpredictable airflow, and vibration. These dynamic conditions affect component performance, especially the stability of legacy quartz timing devices. Applications requiring highly precise and stable frequency frequently use OCXOs. The growing need for precise timing in several industries, including telecommunications, aerospace & defense, and scientific research, is expected to drive the OCXOs market. In aerospace & defense applications, OCXOs keep precise time references across many devices and networks, such as atomic clocks, time servers, and synchronization systems.
  • Challenge: High manufacturing costs compared with other oscillators
  • OCXOs are typically more expensive than other types of oscillators. Higher manufacturing costs are due to the requirement for precise temperature management and the inclusion of a temperature-controlled oven. The higher cost can be a reason for the low adoption of OCXOs, particularly in price-sensitive applications. Additionally, the increased cost of OCXOs may provide the potential for other oscillator technologies to gain market share. Users looking to balance price and performance may find lower-cost alternatives, including temperature-compensated crystal oscillators (TCXOs) or MEMS oscillators. As a result, there may be more rivalry, which could affect the OCXO market growth.
  • The through-hole segment is projected to grow at a higher CAGR during the forecast period.
  • The through-hole method requires less capital investment because breadboard sockets can be easily used during the prototype design. Also, the manufacturing process using the through-hole method does not require advanced technologies and skills. Through-hole crystal oscillators have preferable temperature and electrical characteristics and can be used in applications requiring a wide range of frequencies. As through-hole component leads run through the board, it increases the ability of components to withstand environmental stress. Therefore, this technology is commonly used in military, automobile, and aerospace products that may experience extreme accelerations, collisions, or high temperatures.
  • The DOCXO segment is likely to grow at a higher CAGR during the forecast period
  • DOCXO is a type of OCXO with an additional outer oven wrapped around the internal OCXO. The outer oven implies that DOCXOs have an additional layer of insulation over which the power input must balance heat dissipation, resulting in a drop in the maximum ambient temperature at which the oven can operate. The benefits include fast warm-up time, low power consumption, good phase noise, long-term stability for the frequency, and multiple supply voltage options. These oscillators are designed for applications that require precision timing and low-phase noise performance, such as instrument reference, microwave communication, clock reference in microwave source signal, test and measurement, and telecom systems.
  • Consumer electronics segment to hold the larger share of the market during the forecast period
  • Consumer electronics is one of the major application areas for OCXOs. Significant trends in this sector include high-end audio and video equipment, network time servers, and test & measurement instruments. OCXOs are used in consumer electronics applications due to their high stability, good quality factor, and small size. They are used for various roles, such as precise timing and synchronization for accurate video signal processing, data logging in digital to analog converters (DACs), music players, professional-grade video cameras, spectrum analyzers, and signal generators.
  • Americas likely to hold the larger share of the OCXO market during the forecast period
  • The Americas is one of the most technologically advanced markets for OCXOs. The region facilitates and advocates the advancement and transformation of cellular technologies such as LTE, 5G, and beyond, which provides huge growth opportunities for OCXO manufacturers. The automotive and consumer electronics sectors have also seen considerable growth and increased demand in this region. In addition, the number of smartphone and tablet users is also expected to increase in the coming years due to the adoption of changing network technologies. Moreover, the demand for high-end advanced cars is quite high in this region. Thus, technological advancements in these sectors are likely to drive market growth.
  • Recent Developments
  • In April 2023, TXC Corporation launched a new series of OCXO products—ThermSymHercules. The products achieve the best performance for time synchronization in 5G network infrastructure.
  • In April 2023, SiTime Corporation announced that it would deliver precision timing solutions to Lattice Semiconductor, the low-power programmable leader. The SiTime devices, such as Cascade MEMS-based Clock-System-on-a-Chip (ClkSoC) and an Emerald OCXO or Elite X Super-TCXO, were introduced into Lattice’s new synchronization hardware development platform.
  • In July 2021, The “NH37M28LP” ultra-low phase noise 100 MHz OCXO (crystal oscillator with temperature chamber) was manufactured by NIHON DEMPA KOGYO CO., LTD. This product is the second in the company’s low-noise OCXO in the Ultimate series, utilizing its proprietary low-noise circuitry for measuring instruments, radar systems, medical equipment, and microwave reference signals.
  • In September 2020, Daishinku Corp. launched “Arkh.5G”, an oven-controlled crystal oscillator equipped with Arkh.3G, a next-generation crystal timing device. The product is small in size and offers the advantages of lower cost and power consumption.
  • In April 2020, Microchip Technology Inc. launched the 53100A phase noise analyzer for precision oscillator characterization. The product launch helped research and manufacturing engineers make precise and accurate measurements of frequency signals.
  • KEY MARKET SEGMENTS
  • By Mounting Scheme
  • Surface Mount
  • Through-hole
  • By Type
  • Double Oven Controlled Crystal Oscillators (DOCXO)
  • Evacuated Miniature Crystal Oscillators (EMXO)
  • By Application
  • Telecom & Networking
  • Consumer Electronics
  • Military & Aerospace
  • Research & Measurement
  • Industrial
  • Automotive
  • Medical
  • By Region
  • Americas
  • US
  • Canada
  • Mexico
  • Rest of the Americas
  • Europe
  • UK
  • Germany
  • France
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • South Korea
  • Taiwan
  • Rest of Asia Pacific
  • ROW
  • Middle East
  • Africa
  • KEY MARKET PLAYERS
  • Seiko Epson Corporation
  • NIHON DEMPA KOGYO CO., LTD.
  • TXC Corporation
  • Daishinku Corp.
  • Microchip Technology Inc.
  • SiTime Corporation
  • Rakon Limited.
  • Abracon
  • Mercury Electronic Ind. Co., Ltd.
  • Greenray Industries, Inc.
  • MTI-Milliren Technologies, Inc.
  • QVS Tech, Inc.
  • Bliley Technologies, Inc.
  • CTS Corporation
  • Micro Crystal AG
  • MtronPTI
  • IQD Frequency Products
  • Raltron Electronics
  • ECS Inc.
  • AXTAL GmbH

SkyQuest's Expertise:

The Oven-Controlled Crystal Oscillator (OCO) Market is being analyzed by SkyQuest's analysts with the help of 20+ scheduled Primary interviews from both the demand and supply sides. We have already invested more than 250 hours on this report and are still refining our date to provide authenticated data to your readers and clients. Exhaustive primary and secondary research is conducted to collect information on the market, peer market, and parent market.

Our cross-industry experts and revenue-impact consultants at SkyQuest enable our clients to convert market intelligence into actionable, quantifiable results through personalized engagement.

Scope Of Report

Report Attribute Details
The base year for estimation 2021
Historical data 2016 – 2022
Forecast period 2022 – 2028
Report coverage Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis
Segments covered
  • By Mounting Scheme - Surface Mount, Through-hole
  • By Type - Double Oven Controlled Crystal Oscillators (DOCXO), Evacuated Miniature Crystal Oscillators (EMXO)
  • By Application - Telecom & Networking, Consumer Electronics, Military & Aerospace, Research & Measurement, Industrial, Automotive, Medical
  • By Region - Americas, US, Canada, Mexico, Rest of the Americas, Europe, UK, Germany, France, Rest of Europe, Asia Pacific, China, Japan, South Korea, Taiwan, Rest of Asia Pacific, ROW, Middle East, Africa, KEY MARKET PLAYERS, Seiko Epson Corporation, NIHON DEMPA KOGYO CO., LTD., TXC Corporation, Daishinku Corp., Microchip Technology Inc., SiTime Corporation, Rakon Limited., Abracon, Mercury Electronic Ind. Co., Ltd., Greenray Industries, Inc., MTI-Milliren Technologies, Inc., QVS Tech, Inc., Bliley Technologies, Inc., CTS Corporation, Micro Crystal AG, MtronPTI, IQD Frequency Products, Raltron Electronics, ECS Inc.
Regional scope North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle East & Africa (MEA)
Country scope U.S., Canada, Germany, France, UK, Italy, Spain, China, India, Japan, Brazil, GCC Countries, South Africa
Key companies profiled
  • rket is projected to grow from USD 464 million in 2023 to USD 528 million by 2028; it is expected to grow at a CAGR of 2.6% from 2023 to 2028. The expanding telecommunications industry and widening application scope of OCXOs are among the factors driving the growth of the OCXO market.
  • Driver: Expanding telecommunications industry
  • The telecommunications industry significantly drives the OCXO market. Precise timing and synchronization are crucial for developing wireless networks, implementing 5G technology, and faster data transfer. Oven-controlled crystal oscillators are essential in satellite, telecom, broadcast, and other space applications. 5G is expected to connect people, things, data, applications, transport systems, and cities in smart network communication environments. It can transfer large volumes of data swiftly, establish reliable connections between devices, and process massive volumes of data with minimal delay. 5G technologies are expected to support applications such as smart homes and buildings, smart cities, 3D video, work and play in the cloud, remote medical services, virtual and augmented reality, and massive machine-to-machine communications for industrial automation. Various crystal oscillators such as VCXOs, TCXOs, and OCXOs help easily design customer circuits and improve quality performance for high-speed networks and next-generation wireless telecommunication systems. Hence, the rising development of the 5G network is expected to drive the OCXO market, owing to its robust, reliable, and proven temperature-sensing capabilities.
  • Restraint: Higher power consumption of OCXOs
  • OCXOs often use more power than other oscillator categories because of the temperature-controlled oven functions. The higher power consumption of OCXOs may restrict their use in situations where power efficiency is important, such as battery-operated devices or low-power systems. Moreover, excess power consumption frequently leads to increased heat generation, particularly in small form factor devices or systems with constrained heat dissipation capacities. To control the heat produced by OCXOs, manufacturers may need to take additional steps, such as using heat sinks, thermal pads, or cooling systems, which can add complexity and expense. Hence, higher power consumption acts as a key roadblock for the manufacturers of OCXOs, thereby restraining market growth.
  • Opportunity: Growing need for high-precision timing and frequency stability due to network densification
  • The telecommunications network is shifting toward next-generation network connectivity and currently uses 4G/5G small cells and synchronous Ethernet to increase network data capacity, resulting in impending network densification. This drives the rapid deployment of end-use devices in uncontrolled environments, which will introduce added stressors on the systems, such as dynamic temperature changes, thermal shock, unpredictable airflow, and vibration. These dynamic conditions affect component performance, especially the stability of legacy quartz timing devices. Applications requiring highly precise and stable frequency frequently use OCXOs. The growing need for precise timing in several industries, including telecommunications, aerospace & defense, and scientific research, is expected to drive the OCXOs market. In aerospace & defense applications, OCXOs keep precise time references across many devices and networks, such as atomic clocks, time servers, and synchronization systems.
  • Challenge: High manufacturing costs compared with other oscillators
  • OCXOs are typically more expensive than other types of oscillators. Higher manufacturing costs are due to the requirement for precise temperature management and the inclusion of a temperature-controlled oven. The higher cost can be a reason for the low adoption of OCXOs, particularly in price-sensitive applications. Additionally, the increased cost of OCXOs may provide the potential for other oscillator technologies to gain market share. Users looking to balance price and performance may find lower-cost alternatives, including temperature-compensated crystal oscillators (TCXOs) or MEMS oscillators. As a result, there may be more rivalry, which could affect the OCXO market growth.
  • The through-hole segment is projected to grow at a higher CAGR during the forecast period.
  • The through-hole method requires less capital investment because breadboard sockets can be easily used during the prototype design. Also, the manufacturing process using the through-hole method does not require advanced technologies and skills. Through-hole crystal oscillators have preferable temperature and electrical characteristics and can be used in applications requiring a wide range of frequencies. As through-hole component leads run through the board, it increases the ability of components to withstand environmental stress. Therefore, this technology is commonly used in military, automobile, and aerospace products that may experience extreme accelerations, collisions, or high temperatures.
  • The DOCXO segment is likely to grow at a higher CAGR during the forecast period
  • DOCXO is a type of OCXO with an additional outer oven wrapped around the internal OCXO. The outer oven implies that DOCXOs have an additional layer of insulation over which the power input must balance heat dissipation, resulting in a drop in the maximum ambient temperature at which the oven can operate. The benefits include fast warm-up time, low power consumption, good phase noise, long-term stability for the frequency, and multiple supply voltage options. These oscillators are designed for applications that require precision timing and low-phase noise performance, such as instrument reference, microwave communication, clock reference in microwave source signal, test and measurement, and telecom systems.
  • Consumer electronics segment to hold the larger share of the market during the forecast period
  • Consumer electronics is one of the major application areas for OCXOs. Significant trends in this sector include high-end audio and video equipment, network time servers, and test & measurement instruments. OCXOs are used in consumer electronics applications due to their high stability, good quality factor, and small size. They are used for various roles, such as precise timing and synchronization for accurate video signal processing, data logging in digital to analog converters (DACs), music players, professional-grade video cameras, spectrum analyzers, and signal generators.
  • Americas likely to hold the larger share of the OCXO market during the forecast period
  • The Americas is one of the most technologically advanced markets for OCXOs. The region facilitates and advocates the advancement and transformation of cellular technologies such as LTE, 5G, and beyond, which provides huge growth opportunities for OCXO manufacturers. The automotive and consumer electronics sectors have also seen considerable growth and increased demand in this region. In addition, the number of smartphone and tablet users is also expected to increase in the coming years due to the adoption of changing network technologies. Moreover, the demand for high-end advanced cars is quite high in this region. Thus, technological advancements in these sectors are likely to drive market growth.
  • Recent Developments
  • In April 2023, TXC Corporation launched a new series of OCXO products—ThermSymHercules. The products achieve the best performance for time synchronization in 5G network infrastructure.
  • In April 2023, SiTime Corporation announced that it would deliver precision timing solutions to Lattice Semiconductor, the low-power programmable leader. The SiTime devices, such as Cascade MEMS-based Clock-System-on-a-Chip (ClkSoC) and an Emerald OCXO or Elite X Super-TCXO, were introduced into Lattice’s new synchronization hardware development platform.
  • In July 2021, The “NH37M28LP” ultra-low phase noise 100 MHz OCXO (crystal oscillator with temperature chamber) was manufactured by NIHON DEMPA KOGYO CO., LTD. This product is the second in the company’s low-noise OCXO in the Ultimate series, utilizing its proprietary low-noise circuitry for measuring instruments, radar systems, medical equipment, and microwave reference signals.
  • In September 2020, Daishinku Corp. launched “Arkh.5G”, an oven-controlled crystal oscillator equipped with Arkh.3G, a next-generation crystal timing device. The product is small in size and offers the advantages of lower cost and power consumption.
  • In April 2020, Microchip Technology Inc. launched the 53100A phase noise analyzer for precision oscillator characterization. The product launch helped research and manufacturing engineers make precise and accurate measurements of frequency signals.
  • KEY MARKET SEGMENTS
  • By Mounting Scheme
  • Surface Mount
  • Through-hole
  • By Type
  • Double Oven Controlled Crystal Oscillators (DOCXO)
  • Evacuated Miniature Crystal Oscillators (EMXO)
  • By Application
  • Telecom & Networking
  • Consumer Electronics
  • Military & Aerospace
  • Research & Measurement
  • Industrial
  • Automotive
  • Medical
  • By Region
  • Americas
  • US
  • Canada
  • Mexico
  • Rest of the Americas
  • Europe
  • UK
  • Germany
  • France
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • South Korea
  • Taiwan
  • Rest of Asia Pacific
  • ROW
  • Middle East
  • Africa
  • KEY MARKET PLAYERS
  • Seiko Epson Corporation
  • NIHON DEMPA KOGYO CO., LTD.
  • TXC Corporation
  • Daishinku Corp.
  • Microchip Technology Inc.
  • SiTime Corporation
  • Rakon Limited.
  • Abracon
  • Mercury Electronic Ind. Co., Ltd.
  • Greenray Industries, Inc.
  • MTI-Milliren Technologies, Inc.
  • QVS Tech, Inc.
  • Bliley Technologies, Inc.
  • CTS Corporation
  • Micro Crystal AG
  • MtronPTI
  • IQD Frequency Products
  • Raltron Electronics
  • ECS Inc.
  • AXTAL GmbH
Customization scope Free report customization (15% Free customization) with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options Reap the benefits of customized purchase options to fit your specific research requirements.

Objectives of the Study

  • To forecast the market size, in terms of value, for various segments with respect to five main regions, namely, North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle East & Africa (MEA)
  • To provide detailed information regarding the major factors influencing the growth of the Market (drivers, restraints, opportunities, and challenges)
  • To strategically analyze the micro markets with respect to the individual growth trends, future prospects, and contribution to the total market
  • To provide a detailed overview of the value chain and analyze market trends with the Porter's five forces analysis
  • To analyze the opportunities in the market for various stakeholders by identifying the high-growth Segments
  • To identify the key players and comprehensively analyze their market position in terms of ranking and core competencies, along with detailing the competitive landscape for the market leaders
  • To analyze competitive development such as joint ventures, mergers and acquisitions, new product launches and development, and research and development in the market

What does this Report Deliver?

  • Market Estimation for 20+ Countries
  • Historical data coverage: 2016 to 2022
  • Growth projections: 2022 to 2028
  • SkyQuest's premium market insights: Innovation matrix, IP analysis, Production Analysis, Value chain analysis, Technological trends, and Trade analysis
  • Customization on Segments, Regions, and Company Profiles
  • 100+ tables, 150+ Figures, 10+ matrix
  • Global and Country Market Trends
  • Comprehensive Mapping of Industry Parameters
  • Attractive Investment Proposition
  • Competitive Strategies Adopted by Leading Market Participants
  • Market drivers, restraints, opportunities, and its impact on the market
  • Regulatory scenario, regional dynamics, and insights of leading countries in each region
  • Segment trends analysis, opportunity, and growth
  • Opportunity analysis by region and country
  • Porter's five force analysis to know the market's condition
  • Pricing analysis
  • Parent market analysis
  • Product portfolio benchmarking

Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Oven-Controlled Crystal Oscillator (OCO) Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Oven-Controlled Crystal Oscillator (OCO) Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)
  • rket is projected to grow from USD 464 million in 2023 to USD 528 million by 2028; it is expected to grow at a CAGR of 2.6% from 2023 to 2028. The expanding telecommunications industry and widening application scope of OCXOs are among the factors driving the growth of the OCXO market.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Driver: Expanding telecommunications industry
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • The telecommunications industry significantly drives the OCXO market. Precise timing and synchronization are crucial for developing wireless networks, implementing 5G technology, and faster data transfer. Oven-controlled crystal oscillators are essential in satellite, telecom, broadcast, and other space applications. 5G is expected to connect people, things, data, applications, transport systems, and cities in smart network communication environments. It can transfer large volumes of data swiftly, establish reliable connections between devices, and process massive volumes of data with minimal delay. 5G technologies are expected to support applications such as smart homes and buildings, smart cities, 3D video, work and play in the cloud, remote medical services, virtual and augmented reality, and massive machine-to-machine communications for industrial automation. Various crystal oscillators such as VCXOs, TCXOs, and OCXOs help easily design customer circuits and improve quality performance for high-speed networks and next-generation wireless telecommunication systems. Hence, the rising development of the 5G network is expected to drive the OCXO market, owing to its robust, reliable, and proven temperature-sensing capabilities.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Restraint: Higher power consumption of OCXOs
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • OCXOs often use more power than other oscillator categories because of the temperature-controlled oven functions. The higher power consumption of OCXOs may restrict their use in situations where power efficiency is important, such as battery-operated devices or low-power systems. Moreover, excess power consumption frequently leads to increased heat generation, particularly in small form factor devices or systems with constrained heat dissipation capacities. To control the heat produced by OCXOs, manufacturers may need to take additional steps, such as using heat sinks, thermal pads, or cooling systems, which can add complexity and expense. Hence, higher power consumption acts as a key roadblock for the manufacturers of OCXOs, thereby restraining market growth.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Opportunity: Growing need for high-precision timing and frequency stability due to network densification
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • The telecommunications network is shifting toward next-generation network connectivity and currently uses 4G/5G small cells and synchronous Ethernet to increase network data capacity, resulting in impending network densification. This drives the rapid deployment of end-use devices in uncontrolled environments, which will introduce added stressors on the systems, such as dynamic temperature changes, thermal shock, unpredictable airflow, and vibration. These dynamic conditions affect component performance, especially the stability of legacy quartz timing devices. Applications requiring highly precise and stable frequency frequently use OCXOs. The growing need for precise timing in several industries, including telecommunications, aerospace & defense, and scientific research, is expected to drive the OCXOs market. In aerospace & defense applications, OCXOs keep precise time references across many devices and networks, such as atomic clocks, time servers, and synchronization systems.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Challenge: High manufacturing costs compared with other oscillators
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • OCXOs are typically more expensive than other types of oscillators. Higher manufacturing costs are due to the requirement for precise temperature management and the inclusion of a temperature-controlled oven. The higher cost can be a reason for the low adoption of OCXOs, particularly in price-sensitive applications. Additionally, the increased cost of OCXOs may provide the potential for other oscillator technologies to gain market share. Users looking to balance price and performance may find lower-cost alternatives, including temperature-compensated crystal oscillators (TCXOs) or MEMS oscillators. As a result, there may be more rivalry, which could affect the OCXO market growth.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • The through-hole segment is projected to grow at a higher CAGR during the forecast period.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • The through-hole method requires less capital investment because breadboard sockets can be easily used during the prototype design. Also, the manufacturing process using the through-hole method does not require advanced technologies and skills. Through-hole crystal oscillators have preferable temperature and electrical characteristics and can be used in applications requiring a wide range of frequencies. As through-hole component leads run through the board, it increases the ability of components to withstand environmental stress. Therefore, this technology is commonly used in military, automobile, and aerospace products that may experience extreme accelerations, collisions, or high temperatures.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • The DOCXO segment is likely to grow at a higher CAGR during the forecast period
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • DOCXO is a type of OCXO with an additional outer oven wrapped around the internal OCXO. The outer oven implies that DOCXOs have an additional layer of insulation over which the power input must balance heat dissipation, resulting in a drop in the maximum ambient temperature at which the oven can operate. The benefits include fast warm-up time, low power consumption, good phase noise, long-term stability for the frequency, and multiple supply voltage options. These oscillators are designed for applications that require precision timing and low-phase noise performance, such as instrument reference, microwave communication, clock reference in microwave source signal, test and measurement, and telecom systems.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Consumer electronics segment to hold the larger share of the market during the forecast period
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Consumer electronics is one of the major application areas for OCXOs. Significant trends in this sector include high-end audio and video equipment, network time servers, and test & measurement instruments. OCXOs are used in consumer electronics applications due to their high stability, good quality factor, and small size. They are used for various roles, such as precise timing and synchronization for accurate video signal processing, data logging in digital to analog converters (DACs), music players, professional-grade video cameras, spectrum analyzers, and signal generators.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Americas likely to hold the larger share of the OCXO market during the forecast period
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • The Americas is one of the most technologically advanced markets for OCXOs. The region facilitates and advocates the advancement and transformation of cellular technologies such as LTE, 5G, and beyond, which provides huge growth opportunities for OCXO manufacturers. The automotive and consumer electronics sectors have also seen considerable growth and increased demand in this region. In addition, the number of smartphone and tablet users is also expected to increase in the coming years due to the adoption of changing network technologies. Moreover, the demand for high-end advanced cars is quite high in this region. Thus, technological advancements in these sectors are likely to drive market growth.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Recent Developments
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • In April 2023, TXC Corporation launched a new series of OCXO products—ThermSymHercules. The products achieve the best performance for time synchronization in 5G network infrastructure.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • In April 2023, SiTime Corporation announced that it would deliver precision timing solutions to Lattice Semiconductor, the low-power programmable leader. The SiTime devices, such as Cascade MEMS-based Clock-System-on-a-Chip (ClkSoC) and an Emerald OCXO or Elite X Super-TCXO, were introduced into Lattice’s new synchronization hardware development platform.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • In July 2021, The “NH37M28LP” ultra-low phase noise 100 MHz OCXO (crystal oscillator with temperature chamber) was manufactured by NIHON DEMPA KOGYO CO., LTD. This product is the second in the company’s low-noise OCXO in the Ultimate series, utilizing its proprietary low-noise circuitry for measuring instruments, radar systems, medical equipment, and microwave reference signals.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • In September 2020, Daishinku Corp. launched “Arkh.5G”, an oven-controlled crystal oscillator equipped with Arkh.3G, a next-generation crystal timing device. The product is small in size and offers the advantages of lower cost and power consumption.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • In April 2020, Microchip Technology Inc. launched the 53100A phase noise analyzer for precision oscillator characterization. The product launch helped research and manufacturing engineers make precise and accurate measurements of frequency signals.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • KEY MARKET SEGMENTS
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • By Mounting Scheme
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Surface Mount
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Through-hole
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • By Type
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Double Oven Controlled Crystal Oscillators (DOCXO)
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Evacuated Miniature Crystal Oscillators (EMXO)
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • By Application
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Telecom & Networking
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Consumer Electronics
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Military & Aerospace
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Research & Measurement
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Industrial
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Automotive
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Medical
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • By Region
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Americas
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • US
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Canada
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Mexico
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Rest of the Americas
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Europe
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • UK
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Germany
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • France
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Rest of Europe
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Asia Pacific
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • China
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Japan
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • South Korea
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Taiwan
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Rest of Asia Pacific
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • ROW
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Middle East
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Africa
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • KEY MARKET PLAYERS
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Seiko Epson Corporation
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • NIHON DEMPA KOGYO CO., LTD.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • TXC Corporation
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Daishinku Corp.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Microchip Technology Inc.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • SiTime Corporation
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Rakon Limited.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Abracon
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Mercury Electronic Ind. Co., Ltd.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Greenray Industries, Inc.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • MTI-Milliren Technologies, Inc.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • QVS Tech, Inc.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Bliley Technologies, Inc.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • CTS Corporation
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Micro Crystal AG
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • MtronPTI
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • IQD Frequency Products
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Raltron Electronics
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • ECS Inc.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • AXTAL GmbH
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments

Methodology

For the Oven-Controlled Crystal Oscillator (OCO) Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Oven-Controlled Crystal Oscillator (OCO) Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Oven-Controlled Crystal Oscillator (OCO) Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Oven-Controlled Crystal Oscillator (OCO) Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQs

The global market for Oven-Controlled Crystal Oscillator (OCO) was estimated to be valued at US$ XX Mn in 2021.

The global Oven-Controlled Crystal Oscillator (OCO) Market is estimated to grow at a CAGR of XX% by 2028.

The global Oven-Controlled Crystal Oscillator (OCO) Market is segmented on the basis of Mounting Scheme, Type, Application, Region.

Based on region, the global Oven-Controlled Crystal Oscillator (OCO) Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the global Oven-Controlled Crystal Oscillator (OCO) Market are rket is projected to grow from USD 464 million in 2023 to USD 528 million by 2028; it is expected to grow at a CAGR of 2.6% from 2023 to 2028. The expanding telecommunications industry and widening application scope of OCXOs are among the factors driving the growth of the OCXO market. , Driver: Expanding telecommunications industry , The telecommunications industry significantly drives the OCXO market. Precise timing and synchronization are crucial for developing wireless networks, implementing 5G technology, and faster data transfer. Oven-controlled crystal oscillators are essential in satellite, telecom, broadcast, and other space applications. 5G is expected to connect people, things, data, applications, transport systems, and cities in smart network communication environments. It can transfer large volumes of data swiftly, establish reliable connections between devices, and process massive volumes of data with minimal delay. 5G technologies are expected to support applications such as smart homes and buildings, smart cities, 3D video, work and play in the cloud, remote medical services, virtual and augmented reality, and massive machine-to-machine communications for industrial automation. Various crystal oscillators such as VCXOs, TCXOs, and OCXOs help easily design customer circuits and improve quality performance for high-speed networks and next-generation wireless telecommunication systems. Hence, the rising development of the 5G network is expected to drive the OCXO market, owing to its robust, reliable, and proven temperature-sensing capabilities. , Restraint: Higher power consumption of OCXOs , OCXOs often use more power than other oscillator categories because of the temperature-controlled oven functions. The higher power consumption of OCXOs may restrict their use in situations where power efficiency is important, such as battery-operated devices or low-power systems. Moreover, excess power consumption frequently leads to increased heat generation, particularly in small form factor devices or systems with constrained heat dissipation capacities. To control the heat produced by OCXOs, manufacturers may need to take additional steps, such as using heat sinks, thermal pads, or cooling systems, which can add complexity and expense. Hence, higher power consumption acts as a key roadblock for the manufacturers of OCXOs, thereby restraining market growth. , Opportunity: Growing need for high-precision timing and frequency stability due to network densification , The telecommunications network is shifting toward next-generation network connectivity and currently uses 4G/5G small cells and synchronous Ethernet to increase network data capacity, resulting in impending network densification. This drives the rapid deployment of end-use devices in uncontrolled environments, which will introduce added stressors on the systems, such as dynamic temperature changes, thermal shock, unpredictable airflow, and vibration. These dynamic conditions affect component performance, especially the stability of legacy quartz timing devices. Applications requiring highly precise and stable frequency frequently use OCXOs. The growing need for precise timing in several industries, including telecommunications, aerospace & defense, and scientific research, is expected to drive the OCXOs market. In aerospace & defense applications, OCXOs keep precise time references across many devices and networks, such as atomic clocks, time servers, and synchronization systems. , Challenge: High manufacturing costs compared with other oscillators , OCXOs are typically more expensive than other types of oscillators. Higher manufacturing costs are due to the requirement for precise temperature management and the inclusion of a temperature-controlled oven. The higher cost can be a reason for the low adoption of OCXOs, particularly in price-sensitive applications. Additionally, the increased cost of OCXOs may provide the potential for other oscillator technologies to gain market share. Users looking to balance price and performance may find lower-cost alternatives, including temperature-compensated crystal oscillators (TCXOs) or MEMS oscillators. As a result, there may be more rivalry, which could affect the OCXO market growth. , The through-hole segment is projected to grow at a higher CAGR during the forecast period. , The through-hole method requires less capital investment because breadboard sockets can be easily used during the prototype design. Also, the manufacturing process using the through-hole method does not require advanced technologies and skills. Through-hole crystal oscillators have preferable temperature and electrical characteristics and can be used in applications requiring a wide range of frequencies. As through-hole component leads run through the board, it increases the ability of components to withstand environmental stress. Therefore, this technology is commonly used in military, automobile, and aerospace products that may experience extreme accelerations, collisions, or high temperatures. , The DOCXO segment is likely to grow at a higher CAGR during the forecast period , DOCXO is a type of OCXO with an additional outer oven wrapped around the internal OCXO. The outer oven implies that DOCXOs have an additional layer of insulation over which the power input must balance heat dissipation, resulting in a drop in the maximum ambient temperature at which the oven can operate. The benefits include fast warm-up time, low power consumption, good phase noise, long-term stability for the frequency, and multiple supply voltage options. These oscillators are designed for applications that require precision timing and low-phase noise performance, such as instrument reference, microwave communication, clock reference in microwave source signal, test and measurement, and telecom systems. , Consumer electronics segment to hold the larger share of the market during the forecast period , Consumer electronics is one of the major application areas for OCXOs. Significant trends in this sector include high-end audio and video equipment, network time servers, and test & measurement instruments. OCXOs are used in consumer electronics applications due to their high stability, good quality factor, and small size. They are used for various roles, such as precise timing and synchronization for accurate video signal processing, data logging in digital to analog converters (DACs), music players, professional-grade video cameras, spectrum analyzers, and signal generators. , Americas likely to hold the larger share of the OCXO market during the forecast period , The Americas is one of the most technologically advanced markets for OCXOs. The region facilitates and advocates the advancement and transformation of cellular technologies such as LTE, 5G, and beyond, which provides huge growth opportunities for OCXO manufacturers. The automotive and consumer electronics sectors have also seen considerable growth and increased demand in this region. In addition, the number of smartphone and tablet users is also expected to increase in the coming years due to the adoption of changing network technologies. Moreover, the demand for high-end advanced cars is quite high in this region. Thus, technological advancements in these sectors are likely to drive market growth. , Recent Developments , In April 2023, TXC Corporation launched a new series of OCXO products—ThermSymHercules. The products achieve the best performance for time synchronization in 5G network infrastructure. , In April 2023, SiTime Corporation announced that it would deliver precision timing solutions to Lattice Semiconductor, the low-power programmable leader. The SiTime devices, such as Cascade MEMS-based Clock-System-on-a-Chip (ClkSoC) and an Emerald OCXO or Elite X Super-TCXO, were introduced into Lattice’s new synchronization hardware development platform. , In July 2021, The “NH37M28LP” ultra-low phase noise 100 MHz OCXO (crystal oscillator with temperature chamber) was manufactured by NIHON DEMPA KOGYO CO., LTD. This product is the second in the company’s low-noise OCXO in the Ultimate series, utilizing its proprietary low-noise circuitry for measuring instruments, radar systems, medical equipment, and microwave reference signals. , In September 2020, Daishinku Corp. launched “Arkh.5G”, an oven-controlled crystal oscillator equipped with Arkh.3G, a next-generation crystal timing device. The product is small in size and offers the advantages of lower cost and power consumption. , In April 2020, Microchip Technology Inc. launched the 53100A phase noise analyzer for precision oscillator characterization. The product launch helped research and manufacturing engineers make precise and accurate measurements of frequency signals. , KEY MARKET SEGMENTS, By Mounting Scheme , Surface Mount , Through-hole , By Type , Double Oven Controlled Crystal Oscillators (DOCXO) , Evacuated Miniature Crystal Oscillators (EMXO) , By Application , Telecom & Networking , Consumer Electronics , Military & Aerospace , Research & Measurement , Industrial , Automotive , Medical , By Region , Americas , US , Canada , Mexico , Rest of the Americas , Europe , UK , Germany , France , Rest of Europe , Asia Pacific , China , Japan , South Korea , Taiwan , Rest of Asia Pacific , ROW , Middle East , Africa, KEY MARKET PLAYERS , Seiko Epson Corporation , NIHON DEMPA KOGYO CO., LTD. , TXC Corporation , Daishinku Corp. , Microchip Technology Inc. , SiTime Corporation , Rakon Limited. , Abracon , Mercury Electronic Ind. Co., Ltd. , Greenray Industries, Inc. , MTI-Milliren Technologies, Inc. , QVS Tech, Inc. , Bliley Technologies, Inc. , CTS Corporation , Micro Crystal AG , MtronPTI , IQD Frequency Products , Raltron Electronics , ECS Inc. , AXTAL GmbH.

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Report ID: SQMIG45K2075 | Region: Global | Published Date: Upcoming | Pages: 197 | Tables: 55 | Figures: 60

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Oven-Controlled Crystal Oscillator (OCO) Market

Report ID: SQMIG45K2076 | Region: Global | Published Date: Upcoming | Pages: 197 | Tables: 55 | Figures: 60

Global Inertial Measurement Units (IMUS) Market
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Product ID: UCMIG45K2071

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