According to a new market report by Lucintel, the future of the semiconductor clock market looks promising with opportunities in the telecommunications sector, automotive applications, industrial devices, computing devices and consumer electronic devices. The global semiconductor clock market is expected to grow with a CAGR of 13% from 2020 to 2025. The major growth drivers for this market are advancements in the MEMS technologies and rising demand for new-age electronic devices, such as smartphones, smart TVs, electric vehicles, automated home appliances, and security systems.
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In this market, real time clock (RTC), semiconductor clock IC are the major type used in semiconductor clock market.
Within this market, consumer electronics will remain the largest segment and it is expected to witness the highest growth over the forecast period due to the growing demand of essential electronic devices such as cameras, washing machines, TVs, refrigerators, smartphones, tablets, ACs, and wearable and display technologies.
APAC is expected to remain the largest market during the forecast period due to the growth of the semiconductor clock market.
TXC Corporation, Si Time, Murata, Kyocera, Daishinku Corporation, IQD, Integrated Device Technology, Abracon Corporation, Texas Instruments, STMicroelectronics, Ricoh, NXP Semiconductors, Maxim Integrated, and Epson among the major manufacturers of the semiconductor clock market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global semiconductor clock market by product type, end use industry, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Semiconductor Clock Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global semiconductor clock market by type, end use industry, and region as follows:
By Type [$M shipment analysis for 2014 – 2025]:
Real Time Clock (RTC)
Semiconductor Clock IC
By End Use Industry [$M shipment analysis for 2014 – 2025]:
Telecommunications
Automotive
Industrial Devices
Computing Devices
Consumer Electronic Devices
Others
By Region [$M shipment analysis for 2014 – 2025]:
North America
United States
Canada
Mexico
Europe
Asia Pacific
China
Japan
India
South Korea
Rest of the World
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.