Timing devices market to grow 10% this year
4 August 2010
News
In 2010, Databeans projects that total revenue for timing devices will reach $5,4 billion, a 10% jump from 2009.
This marks the first time that the segment has reached the $5 billion threshold. Much of this comes from the usual high demand of traditional crystal oscillators but with increased sales in different silicon segments and new technologies gaining traction, timing devices are projected to dramatically grow over the next five years.
Timing devices are used in a wide variety of applications including various consumer electronic devices, computers and communication systems. The most common timing device is made of quartz crystal with its high level of accuracy and quality, making up a significant portion of the market. Databeans projects revenue for crystal oscillator timing devices to be $2,4 billion.
A major contributor to the jump in revenue comes from the increased usage of integrated circuit timing devices, most notably PLLs, MEMS and CMOS oscillators. PLLs have enjoyed a large chunk of the market for some time and will continue to grow at a steady pace, while MEMS and CMOS oscillators are just beginning to gain traction with customers. Databeans projects these two sectors to show extremely high in growth over the next 5 years with MEMS growing from $32 million in 2010 to $159 million by 2015, a 189% growth. Likewise, CMOS oscillators are projected to make only $5 million in 2010, but jump to $189 million by 2015.
With the increased growth in both the MEMS and CMOS oscillator segment, it is expected that these two products will begin to replace traditional crystal oscillators, and consequently begin to take away market share.
For more information visit www.databeans.net
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