MEMS Oscillators - Global Market Trajectory & Analytics

Global MEMS Oscillators Market to Reach $2.4 Billion by 2027

Amid the COVID-19 crisis, the global market for MEMS Oscillators estimated at US$222.7 Million in the year 2020, is projected to reach a revised size of US$2.4 Billion by 2027, growing at a CAGR of 40.3% over the period 2020-2027. Surface-Mount Device Package, one of the segments analyzed in the report, is projected to record 38.5% CAGR and reach US$1.7 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Chip-Scale Package segment is readjusted to a revised 45.4% CAGR for the next 7-year period.

The U. S. Market is Estimated at $67.4 Million, While China is Forecast to Grow at 38.1% CAGR

The MEMS Oscillators market in the U. S. is estimated at US$67.4 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$381.8 Million by the year 2027 trailing a CAGR of 38.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 36.4% and 34.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 27.5% CAGR. We bring years of research experience to this 9th edition of our report. The 179-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others:

• Daishinku Corporation
• ILSI America LLC.
• Iqd Frequency Products Limited
• Jauch Quartz GmbH
• Microchip Technology, Inc.
• Raltron Electronics Corporation
• SiTime Corporation
• Vectron International, Inc.