Crystal Oscillators Market Research Report - Global Forecast till 2032

Crystal Oscillators Market Research Report Information By Crystal (AT Cut, BT Cut, GT Cut, SC Cut, and Others), By Type (Temperature-Compensated Crystal Oscillator (TCXO), Simple-Packaged Crystal Oscillator (SPXO), Voltage-Controlled Crystal Oscillator (VCXO), Frequency-Controlled Crystal Oscillator (FCXO)), By End User (Consumer Electronics, Automotive, Telecom and Networking, Aerospace and Defense, Scientific Research, and Industrial), By Application (Telecom & Networking, Consumer Electronics, Military & Aerospace, and Research & Measure

ID: MRFR/SEM/8986-CR | 100 Pages | Author: Ankit Gupta | May 2023         

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Global Crystal Oscillators Market Overview


The Crystal Oscillators Market Size was valued at USD 5.5 billion in 2022. The Crystal Oscillators market industry is projected to grow from USD 5.84 Billion in 2023 to USD 9.45 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 6.20% during the forecast period (2023 - 2032).Increased consumption of electronics leads to increased demand for crystal oscillators, and the fast adaption of Information systems in automotive industries are the key market drivers contributing to market growth and expansion.


Crystal Oscillators Market Overview


Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review


Crystal Oscillators Market Trends



  • Increased consumption of electronics is driving the market growth


Market CAGR for Crystal Oscillators is being driven by the consumption of electronics. The use of wireless connectivity, including remote keyless entry, is being driven by the growing need for comfort in the crystal oscillators industry operations. They serve as frequency-controlling components in the majority of electronic circuits. Since these devices provide efficiency and technological upgradation has generated demand, it is anticipated that an increase in electronics consumption would increase crystal oscillators’ demand.


International initiatives like the Paris Agreement also increase demand for modern motor vehicles. Several nations, including the US, are enacting harsher pollution regulations for new car models. As a result, automakers are starting to broaden their company's operations into electric mobility. As a result, there will be an increase in demand for mobility services that require the utilization of crystal oscillators and subsequently will increase demand.


The rising market for crystal oscillators experienced a decline due to the temporary closure of manufacturing facilities during COVID-19. Crystal oscillator output has been impacted by global lockdowns, along with country GDPs and per capita incomes. The market's growth has slowed due to the resulting drop in the purchasing power of the general public and the imbalance between the supply and demand mechanisms of the crystal oscillators industry. However, a post-pandemic adaptation of technological advancement and rising information systems lead to the growing demand for crystal oscillators.


For instance, the maximum number of oscillators on a standard smartphone or tablet is five. Continuous technical advancements in business processes result in a greater reliance on technology, which spikes the popularity of smartphones and a quick rise in consumer electronic usage. As a result, it is anticipated that demand for crystal oscillators will increase throughout the projection period due to increased electronics consumption. Thus, driving the Crystal Oscillators market revenue.


Crystal Oscillators Market Segment Insights


Crystal Oscillators Crystal Insights


The Crystal Oscillators Market segmentation, based on Crystal, includes AT Cut, BT Cut, GT Cut, SC Cut, and Others. The SC Cut dominated the market, accounting for 55.9% of the market share (USD 3.1 billion) in 2022. The category growth is driven by its efficient and improved solution, which can be utilized in high temperatures.


Crystal Oscillators Type Insights


The Crystal Oscillators Market segmentation, based on Type, Includes Temperature-Compensated Crystal Oscillator (TCXO), Simple-Packaged Crystal Oscillators (SPXO), Voltage-Controlled Crystal Oscillators (VCXO), Frequency-Controlled Crystals Oscillator (FCXO). The TCXO category holds the largest market share in 2022 as it is used extensively in electronic devices.


Crystal Oscillators End User Insights


The Crystal Oscillators Market segmentation, based on End Users, includes Consumer Electronics, Automotive, Telecom and Networking, Aerospace and Defense, Scientific Research, and Industrial. The telecom and networking category generated the highest revenue in 2022 and is projected to grow quickly due to the adoption of 5G networks to boost market share.


Crystal Oscillators Application Insights


The Crystal Oscillators Market segmentation, based on Application, includes Telecom & Networking, Consumer Electronics, Military & Aerospace, and Research & Measurement. The Consumer Electronics category generated the highest revenue of about 57% of the market share in 2022. The key driver for this category’s growth is the increased consumption of electronics.


Figure 1: Crystal Oscillators Market, by Application, 2022 & 2032 (USD billion)


Crystal Oscillators Market, by Application, 2022 & 2032 (USD billion)


Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review


Crystal Oscillators Regional Insights


By region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The Asia-Pacific region contributed the largest market share due to increased consumption of electronics among consumers. In addition, various automotive industries in this Region are adopting innovative solutions to boost market growth.


Further, the major countries studied in the market report are The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.


Figure 2: Crystal Oscillators Market Share by Region 2022 (%)


Crystal Oscillators Market Share by Region 2022 (%)


Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review


North America Crystal Oscillators market accounts for the second-largest market share as this Region is an end-user for crystal oscillators and is a major tech innovator. Moreover, US Crystal Oscillators market held the largest market share due to its dominance in electronics and semiconductors. The Canada Crystal Oscillators market is the fastest-growing market in the region.


The Europe Crystal Oscillators Market is expected to grow at the fastest CAGR from 2023 to 2032. This is due to technological advancements and the adoption of 5G networks. Further, the German Crystal Oscillators market and UK Crystal Oscillators market are the fastest-growing markets in the European Region.


For instance, with the rollout of the 5G network, the demand for smartphones is projected to increase significantly. By the end of 2021, operators in Asia Pacific, North America, and Europe had begun building the technology, reaching 1.9 million subscribers globally. By the end of 2024, it is predicted that there will be 1.9 billion 5G subscriptions worldwide.


Crystal Oscillators Key Market Players & Competitive Insights


Leading market players are investing heavily in research and development innovation and sustainable product solutions, which will help the Crystal Oscillators market to expand more. Market participants are also undertaking organic and inorganic strategies to strengthen and expand their global footprint, with important market developments including innovative product launches, mergers and acquisitions, capital expenditures, and strategic partnerships with other organizations. The Crystal Oscillators industry must offer cost-effective, sustainable solutions to survive in a competitive market.


Focusing on upgrading the quality of quartz and advancing miniaturization is key tactic companies use in the global Crystal Oscillators industry to meet consumers’ needs and increase the market share. In recent years, the Crystal Oscillators industry has offered some of the most significant advantages to digitalization and electronics systems. Major players in the Crystal Oscillators market, including Seiko Epson Corporation (Japan), Nihon Dempa Kogyo Co. Ltd. (Japan), TXC Corporation (Taiwan), Kyocera Crystal Device Corporation (Japan), Daishinku Corp. (Japan), Microchip Technology Inc. (US), Murata Manufacturing Co. Ltd. (Japan), and others, are attempting to increase market demand by providing innovative and sustainable solutions to customer demand.


Seiko Epson Corp., established in 1942, creates, produces, and markets printing solutions, multimedia equipment, wearable technology, and other goods. The business sells products for use in electronic devices for consumers, manufacturing machinery, and automotive applications. In June 2020, several high-stability TCXO-type crystal oscillators from Seiko were released globally, with either CMOS or clipped sine output.


One of the biggest quartz crystal businesses in the world is Nihon Dempa Kogyo, headquartered in Japan. The business creates crystal-related items for use in medicine using its synthetic quartz crystals. The business has recently started to create low-power wireless modules and frequency synthesizers. In August 2020, they launched the NT1612AJA prototyped-frequency, temperature-compensated crystal TCXO oscillator on a global scale.


Key Companies in the Crystal Oscillators market include.



  • Seiko Epson Corporation

  • Nihon Dempa Kogyo Co. Ltd.

  • TXC Corporation

  • Kyocera Crystal Device Corporation

  • Daishinku Corp.

  • Microchip Technology Inc.

  • Murata Manufacturing Co. Ltd.

  • Hosonic Electronic Co. Ltd.

  • SiTime Corporation

  • Siward Crystal Technology Co. Ltd.

  • Rakon Ltd.

  • River Eletec Corp.

  • Mercury Electronic Ind. Co. Ltd.

  • Fox Electronics

  • Greenray Industries Inc.

  • MTI-Milliren Technologies Inc.

  • QVS Tech Inc.

  • Nippon Crystal Inc.

  • Bliley Technologies Inc.

  • Ecliptek LLC

  • Vishay Intertechnology Inc.

  • Vectron


Crystal Oscillators Industry Developments


July 2020 The TCXO-type crystal oscillators TG2016SKA and TG2016SLA were introduced by Seiko Epson. The most recent items on the market are temperature-compensated crystal oscillators that are car-grade, AEC-Q100 compliant, and suitable for automobile use.


August 2020 Nihon Dempa Kogyo Co., Ltd. launched the NT1612AJA, a lightweight, prototyped-frequency, temperature-compensated crystal TCXO oscillator, on a global scale.


June 2020 Several high-stability TCXO-type crystal oscillators from Seiko were released globally, with either CMOS or clipped sine output.


Crystal Oscillators Market Segmentation


Crystal Oscillators Crystal Outlook



  • AT Cut

  • BT Cut

  • GT Cut

  • SC Cut

  • Others


Crystal Oscillators Type Outlook



  • Temperature-Compensated Crystal Oscillator (TCXO)

  • Simple-Packaged Crystal Oscillator (SPXO)

  • Voltage-Controlled Crystal Oscillator (VCXO)

  • Frequency-Controlled Crystal Oscillator (FCXO)


Crystal Oscillators End User Outlook



  • Consumer Electronics

  • Automotive

  • Telecom and Networking

  • Aerospace and Defense

  • Scientific Research

  • Industrial


Crystal Oscillators Application Outlook



  • Telecom & Networking

  • Consumer Electronics

  • Military & Aerospace

  • Research & Measurement


Crystal Oscillators Regional Outlook



  • North America

    • US

    • Canada



  • Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe



  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Australia

    • Rest of Asia-Pacific



  • Rest of the World

    • Middle East

    • Africa

    • Latin America





Report Scope:

Report Attribute/Metric Details
Market Size 2022 USD 5.5 billion
Market Size 2023 USD 5.84 billion
Market Size 2032 USD 9.45 billion
Compound Annual Growth Rate (CAGR) 6.20% (2023-2032)
Base Year 2022
Market Forecast Period 2023-2032
Historical Data 2019- 2021
Market Forecast Units Value (USD Billion)
Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
Segments Covered Crystal, Type, End User, Application, and Region
Geographies Covered North America, Europe, Asia Pacific, and the Rest of the World
Countries Covered The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
Key Companies Profiled Seiko Epson Corporation (Japan), Nihon Dempa Kogyo Co. Ltd. (Japan), TXC Corporation (Taiwan), Kyocera Crystal Device Corporation (Japan), Daishinku Corp. (Japan), Microchip Technology Inc. (US), Murata Manufacturing Co. Ltd. (Japan), Hosonic Electronic Co. Ltd. (Taiwan), SiTime Corporation (US), Siward Crystal Technology Co. Ltd. (Taiwan), Rakon Ltd. (New Zealand), River Eletec Corp. (Japan), Mercury Electronic Ind. Co. Ltd. (Taiwan), Fox Electronics (US), Greenray Industries Inc. (US), MTI-Milliren Technologies Inc. (US), QVS Tech Inc. (US), Nippon Crystal Inc. (US), Bliley Technologies Inc. (US), Ecliptek LLC (US), Vishay Intertechnology Inc. (US), and Vectron (US)
Key Market Opportunities Adaptation for 5G networks
Key Market Dynamics Increased consumption of electronics leads to increased demand for crystal oscillators. Adaptation of Information Systems in automotive industries


Frequently Asked Questions (FAQ) :

The Crystal Oscillators Market size was valued at USD 5.5 Billion in 2022.

The Crystal Oscillators Market is projected to grow at a CAGR of 6.2% during 2023-2032.

Asia-Pacific had the largest share of the global market.

The key players in the market are Seiko Epson Corporation (Japan), Nihon Dempa Kogyo Co., Ltd. (Japan), TXC Corporation (Taiwan), Kyocera Crystal Device Corporation (Japan), Daishinku Corp. (Japan), Microchip Technology Inc. (US), Murata Manufacturing Co., Ltd. (Japan), Hosonic Electronic Co., Ltd. (Taiwan), SiTime Corporation (US), SiWard Crystal Technology Co., Ltd. (Taiwan), Rakon Ltd. (New Zealand), and Vectron (US).

The SC Cut Crystal Oscillators category dominated the market in 2022.

The Temperature-Compensated Crystal Oscillator (TCXO) had the largest share of the global market.

Key Questions Answered

  • ✅ Global Market Outlook
  • ✅ In-depth analysis of global and regional trends
  • ✅ Analyze and identify the major players in the market, their market share, key developments, etc.
  • ✅ To understand the capability of the major players based on products offered, financials, and strategies.
  • ✅ Identify disrupting products, companies, and trends.
  • ✅ To identify opportunities in the market.
  • ✅ Analyze the key challenges in the market.
  • ✅ Analyze the regional penetration of players, products, and services in the market.
  • ✅ Comparison of major players’ financial performance.
  • ✅ Evaluate strategies adopted by major players.
  • ✅ Recommendations
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