The Latin America, Middle East and Africa Oven-Controlled Crystal Oscillator (OCXO) Market should witness market growth of 4.7% CAGR during the forecast period (2023-2030).
Electronic parts are exposed to many different hostile conditions during space missions. After surviving the stress and vibration of launch, equipment must consistently deliver its stated performance for up to 15 years while operating in a wide range of temperatures. For crystal oscillators, further considerations include acting as an incredibly accurate and steady frequency reference while consuming the smallest amount of power in the smallest package.
As OCXO technology develops, smaller, lower-power OCXOs with better frequency stability, less phase noise, and quicker warm-up durations are becoming available. The evacuated miniature crystal oscillator (EMXO) - delivers comparable or superior performance and robustness in a package that requires half as much power and has additional benefits. Because of such technological advancements, OCXOs now have a wider range of potential applications, attracting more sectors and fostering market expansion.
The Brazilian government came to the conclusion that it needed to formulate a R&D strategy in order to reduce its reliance on fossil fuels in the transportation sector. It will allocate R$ 9 billion from the National Fund for Scientific and Technological Development for this as well as other industries, such as agribusiness and energy. This will increase the demand for various electrical devices and test and measurement equipment, all of which use oscillators. Therefore, the expansion of communications, consumer electronics, and automation applications in various regional industries is causing the market in the region to develop and thrive.
The Brazil market dominated the LAMEA Oven-Controlled Crystal Oscillator (OCXO) Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $10.8 Million by 2030. The Argentina market is showcasing a CAGR of 5.3% during (2023-2030). Additionally, The UAE market should witness a CAGR of 4.4% during (2023-2030).
Based on Mounting Scheme, the market is segmented into Surface Mount and Through-hole. Based on Application, the market is segmented into Telecom & Networking, Consumer Electronics, Military & Aerospace, Industrial, Research & Measurement, Automotive and Medical. Based on Type, the market is segmented into Evacuated Miniature Crystal Oscillators (EMXO) and Double Oven Controlled Crystal Oscillators (DOCXO). Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Nihon Dempa Kogyo Co., Ltd., TXC Corporation, DAISHINKU CORP., SiTime Corporation, Rakon Ltd., Mercury Electronic Industrial Co., Ltd., Abracon LLC (The Riverside Company), Greenray Industries Inc., Seiko Epson Corporation, and Microchip Technology Incorporated
Electronic parts are exposed to many different hostile conditions during space missions. After surviving the stress and vibration of launch, equipment must consistently deliver its stated performance for up to 15 years while operating in a wide range of temperatures. For crystal oscillators, further considerations include acting as an incredibly accurate and steady frequency reference while consuming the smallest amount of power in the smallest package.
As OCXO technology develops, smaller, lower-power OCXOs with better frequency stability, less phase noise, and quicker warm-up durations are becoming available. The evacuated miniature crystal oscillator (EMXO) - delivers comparable or superior performance and robustness in a package that requires half as much power and has additional benefits. Because of such technological advancements, OCXOs now have a wider range of potential applications, attracting more sectors and fostering market expansion.
The Brazilian government came to the conclusion that it needed to formulate a R&D strategy in order to reduce its reliance on fossil fuels in the transportation sector. It will allocate R$ 9 billion from the National Fund for Scientific and Technological Development for this as well as other industries, such as agribusiness and energy. This will increase the demand for various electrical devices and test and measurement equipment, all of which use oscillators. Therefore, the expansion of communications, consumer electronics, and automation applications in various regional industries is causing the market in the region to develop and thrive.
The Brazil market dominated the LAMEA Oven-Controlled Crystal Oscillator (OCXO) Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $10.8 Million by 2030. The Argentina market is showcasing a CAGR of 5.3% during (2023-2030). Additionally, The UAE market should witness a CAGR of 4.4% during (2023-2030).
Based on Mounting Scheme, the market is segmented into Surface Mount and Through-hole. Based on Application, the market is segmented into Telecom & Networking, Consumer Electronics, Military & Aerospace, Industrial, Research & Measurement, Automotive and Medical. Based on Type, the market is segmented into Evacuated Miniature Crystal Oscillators (EMXO) and Double Oven Controlled Crystal Oscillators (DOCXO). Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Nihon Dempa Kogyo Co., Ltd., TXC Corporation, DAISHINKU CORP., SiTime Corporation, Rakon Ltd., Mercury Electronic Industrial Co., Ltd., Abracon LLC (The Riverside Company), Greenray Industries Inc., Seiko Epson Corporation, and Microchip Technology Incorporated
Scope of the Study
By Mounting Scheme
- Surface Mount
- Through-hole
By Application
- Telecom & Networking
- Consumer Electronics
- Military & Aerospace
- Industrial
- Research & Measurement
- Automotive
- Medical
By Type
- Evacuated Miniature Crystal Oscillators (EMXO)
- Double Oven Controlled Crystal Oscillators (DOCXO)
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Nihon Dempa Kogyo Co., Ltd.
- TXC Corporation
- DAISHINKU CORP.
- SiTime Corporation
- Rakon Ltd.
- Mercury Electronic Industrial Co., Ltd.
- Abracon LLC (The Riverside Company)
- Greenray Industries Inc.
- Seiko Epson Corporation
- Microchip Technology Incorporated
Unique Offerings
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 3. LAMEA Oven-Controlled Crystal Oscillator (OCXO) Market by Mounting Scheme
Chapter 4. LAMEA Oven-Controlled Crystal Oscillator (OCXO) Market by Application
Chapter 5. LAMEA Oven-Controlled Crystal Oscillator (OCXO) Market by Type
Chapter 6. LAMEA Oven-Controlled Crystal Oscillator (OCXO) Market by Country
Chapter 7. Company Profiles
Companies Mentioned
- Nihon Dempa Kogyo Co., Ltd.
- TXC Corporation
- DAISHINKU CORP.
- SiTime Corporation
- Rakon Ltd.
- Mercury Electronic Industrial Co., Ltd.
- Abracon LLC (The Riverside Company)
- Greenray Industries Inc.
- Seiko Epson Corporation
- Microchip Technology Incorporated
Methodology
LOADING...
