High Precision Temperature Compensated Crystal Oscillator Market Trends

Growth Drivers

• Rising Implementation of TCXos In the Automobile Sector- Crystal devices, commonly known as crystal oscillators in automotive electronics, ensure exact timing and frequency stability. These advanced components create steady clock signals that align numerous automobile systems and allow for seamless communication and alignment between onboard modules. Crystal devices can improve car systems such as entertainment, GPS, cruise control, collision avoidance, and others. The automotive sector is growing more reliant on reliable communication networks. This innovation is primarily focused on the importance of the products that control frequency, which are currently the most popular technological innovations in the sector.
• Rising Prevalence of 5G Networks - To reduce locking time, reduce residual drift, and increase coordination, network devices require stable clocks. To ensure steady system operation, high-performance crystal oscillators must be used. As a result, building the 5g network will create enormous prospects for the sector. In the world, there are going to be nearly 1.5 billion 5G subscribers by the end of 2023. With the growing mobile network data traffic in the world, the average monthly global consumption per smartphone is forecasted to top 20 GB by the end of 2023.
• Increasing Demand for Connected Devices - In the world, the number of Internet of Things (IoT) devices is expected to nearly increase twice from around 15 billion in 2020 to over 29 billion in 2030. IoT devices have found their application in the industries and consumer markets, with the consumer segment holding more than 60% of all IoT-linked devices in 2020. Moreover, it is expected that in the next 10 years, this share will be unchanged. China will have the most IoT devices in 2030, with over 8 billion consumer devices. TCXOs are employed in IoT-connected devices to reduce power consumption by making them work in low-power modes for prolonged periods.

Challenges

• Concerns Associated with the Crystal Overdriving- Overdriving a crystal can cause a variety of issues, including excessive RF emissions, higher power consumption, long-term reliability issues (physical damage to the crystal), and the crystal attempting to start at an overtone or not beginning at all. This occurs more commonly with low-frequency crystals since the maximum power they can dissipate (maximum drive level) is frequently substantially lower than what is specified for high-frequency crystals.
• High dissipation of power of the standard oscillator
• Issues related to voltage and temperature