Published Date : 03 Mar 20 | Views: 12 | Industry : Electronics & Semiconductor
SMD Shape and IN Shape are the key product types in the Oven Controlled Crystal Oscillator (OCXO) market. The global Oven Controlled Crystal Oscillator (OCXO) market can also be segregated based on application as telecom infrastructure, military & space, industrial & medical, and others. It is anticipated that the Oven Controlled Crystal Oscillator (OCXO) may gain traction as a signal reference in the military applications that call for low phase noise and exceptional short and long-term stability.
The Oven Controlled Crystal Oscillator (OCXO) market in North America could witness momentous growth in the years to come. This is attributed to increasing applications across multiple industries. Additionally, adoption of advanced technologies may open novel avenues for the regional Oven Controlled Crystal Oscillator market growth. Europe and APAC region are also likely to emerge as promising regions in the years to come.
Epson, NDK, Vectron, Rakon, Microcrystal, Bliley Technologies, Taitien, KDS, Greenray Industries, CTS, NEL, Abracon, Renesas Electronics Corporation, and KVG are some of the key companies operating in the Oven Controlled Crystal Oscillator (OCXO) market.
Market players are focusing on growth strategies such as novel product launches. For instance, in 2019, QTC Series of ultra-miniature XO, TCXO and VCXO devices was lauchned by a key company, Q-Tech Corporation. The series fulfils the industrial requirements for space-saving and lighter devices.
Similarly, in 2019, IQD launched IQOV-220 OCXO, which is known for its high stability, low phase noise, and excellent short term stability.
Booming telecommunication technology and rising penetration of the smartphones are some of the primary reasons behind the growth of the market. Temperature stability, frequency accuracy, and improved performance are some of the key benefits associated with the Oven Controlled Crystal Oscillators, thereby creating robust demand for these products. Contrarily, high initial investment, power consumption, and cost could hamper the growth of the market in the near future.