Lucintel’s latest market report analyzed that timing device provides attractive opportunities in the automotive, medical & healthcare, telecommunication & networking, military & defense, industrial, consumer electronics, and other industries. The timing device market is expected to grow at a CAGR of 6% to 8%. In this market, oscillators are the largest segment by type, whereas automotive is largest by end use industry.
Download Brochure of this report by clicking on https://www.lucintel.com/timing-device-market.aspx Based on type, the timing device market is segmented into oscillators (MEMS oscillators and crystal oscillators), resonators, clock generators, clock buffers, and jitter attenuators. The oscillators segment accounted for the largest share of the market in 2020 and is expected to register the highest CAGR during the forecast period, due to growing adoption in various applications, such as consumer electronics, advanced healthcare equipment, automotive, electronics, and telecommunication network.
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The Timing Device Market is marked by the presence of several big and small players. Some of the prominent players offering timing device include Texas Instruments Incorporated, Asahi Kasei Corporation, Rakon Limited, Cypress Semiconductor Corporation, IQD Frequency Products Ltd., TXC Corporation. SEIKO Epson Corporation.
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