- The Global MEMS Oscillators Market 2014-2018 is expected to post a CAGR of 61.9 percent during the forecast period of 2013-2018.
London, 21 October 2014: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Global MEMS Oscillators Market 2014-2018. One major trend in this market is a decline in the average selling prices of MEMS oscillators. Advanced manufacturing capabilities and increased adoption of MEMS oscillators have led to a decline in their prices and thus increased their demand.
MEMS oscillators are timing devices designed and developed to replace quartz crystal oscillators. They offer several advantages such as enhanced reliability, high-frequency stability, mechanical shock and vibration resistance, and are small in size. These features are highly suited for end-products that require MEMS oscillators and have thus led to their increased adoption among end-users.
MEMS oscillators are penetrating the market, and, although the penetration rate is low because of the popularity of crystal oscillators, it is expected to take off during the forecast period. The demand for MEMS oscillators has increased in various applications, mainly in the Consumer Electronics segment, with the Automotive and Industrial segments also expected to increase their spending on these oscillators.
“Increased focus on R&D and establishing partnership networks has helped vendors to introduce inexpensive solutions and products with more accuracy and better integration ability,” says Faisal Ghaus, Vice President of TechNavio Research.
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
