Micro Electro Mechanical Systems (MEMS) is a technology to create microscopic integrated systems or devices that combine electrical and mechanical components.. MEMS oscillators are known as timing devices that generate highly stable reference frequencies, which are used to measure time in electronic systems. The reference frequencies generated can be used to sequence electronic systems, define radio frequencies, manage data transfer and measure elapsed time. MEMS resonators are used to define stable frequencies through MEMS oscillators that help to generate stable frequencies. The global Micro Electro Mechanical Systems (MEMS) oscillator market is expected to have a CAGR of 45% during the forecast period 2016-2023. Rapid growth of mobile infrastructure and wearable electronic devices with increase in application of Internet of Things are the factors enhancing the growth of global MEMS oscillator market during the forecast period. Moreover, rising need for electronic device miniaturization, need for high precision timing components and increasing demand for devices with high ramp rates and short lead times are also some of the factors contributing to the growth of global MEMS oscillator market during the forecast period.
As estimated by the Institute of Electrical and Electronics Engineers (IEEE), in 2015, 15.41 billion devices were connected through Internet of Things. In 2016, this number increased to 17.68 billion globally. According to American Civil Liberties Union (ACLU), by the end of forecast period (2023), it is estimated that around 55 billion devices will be connected to Internet of Things. Increase in the adoption of Internet of Things is expected to drive the global MEMS oscillator market during the forecast period.
Source: OBRC Analysis.
The report on global MEMS oscillator is widely segmented on the basis of packaging, band, general circuitry and applications.
Packaging is segmented into:
- Chip scale package
- Surface mount device package
- Band is segmented into:
- Mega hertz band
- Kilo hertz band
General circuitry is segmented into:
- Digital Controlled MEMS Oscillator (DCMO)
- Frequency Select MEMS Oscillator (FSMO)
- Simple Packaged MEMS Oscillator (SPMO)
- Spread Spectrum MEMS Oscillator (SSMO)
- Temperature Controlled MEMS Oscillator (TCMO)
- Voltage Controlled MEMS Oscillator (VCMO)
Applications of the global MEMS oscillator market include:
- Automotive
- Consumer Electronics
- Industrial
- Military and Aerospace
- Mobile devices
- Networking, Server, Storage and Telecommunication
- Wearable and Internet of Things
- Others (Research, Measurement and Medical Equipment)
The report scope is widely categorized on the basis of segments such as packaging, band, general circuitry and applications. Moreover, the market revenue estimates and forecast includes only MEMS oscillators. However, report scope excludes amplifier, sensors and quartz oscillators.
The global MEMS oscillator market report has been geographically segmented into:
- North America (U.S. & Canada)
- Asia Pacific (China, India, Japan, RoAPAC)
- Europe (UK, France, Germany, RoE)
- Rest of World
North America accounted for the largest market share in terms of revenue in 2016 followed by Europe for the global MEMS oscillator market. The large market share in North America was observed due to the presence of major market players in the region. Asia pacific is expected to be the fastest growing region during the forecast period due to the increasing demand for consumer electronics products such as smart phones, wearable electronic products etc. Also, increasing penetration of MEMS oscillators in growing applications such as wearable electronics, mobile devices and Internet of Things in Asia Pacific is expected to drive the market during the forecast period. This increasing penetration is mainly because of the advantages of MEMS oscillators such as small size, high reliability, low power consumption etc. Moreover, high growth of the market in Asia Pacific can also be attributed to the relentless LTE activity in China and rapid growth of mobile infrastructure in Asia Pacific.
Global MEMS oscillator market report covers segmentation analysis on the basis of packaging, band, general circuitry and applications. Report further covers segments of general circuitry which includes digital controlled MEMS oscillator, frequency select MEMS oscillator, simple packaged MEMS oscillator, Spread spectrum MEMS oscillator, temperature compensated MEMS oscillator and voltage controlled MEMS oscillator. Simple packaged MEMS oscillator (SPMO) held the largest share of the MEMS oscillator market in 2016. However, the market for temperature compensated MEMS oscillator (TCMO) is expected to grow at the highest rate during the forecast period. Increasing requirement for high precision components and small size with low cost for portable device applications is expected to drive the market for TCMO during the forecast period. Moreover, applications such as networking, satellites, industrial GPS, mobile phones, tablets, data cards and wearable electronics are driving the TCMO market during the forecast period. The various applications of the global micro electro mechanical system oscillator market include the sectors such as automotive, consumer electronics, industrial, military, aerospace, mobile devices, networking, server, storage, telecommunication, wearable, Internet of Things, research, medical and medical equipments. Global MEMS oscillator market for wearable and Internet of Things is expected to grow with the highest rate during the forecast period because of intensive growth in interconnected devices and increasing adoption of wearable technology. In this sector, MEMS oscillator is a preferred timing component owing to its advantages such as small size, low power consumption, is expected to drive the global MEMS oscillator market during the forecast period.
The major market players of the global MEMS oscillator market are:
- SI TIME CORPORATION
- MICROCHIP TECHNOLOGY INC.
- VECTRON INTERNATIONAL INC.
- ABRACON HOLDINGS LLC
- ECLIPTEK CORPORATION
- OTHERS
These companies use various strategies such as mergers & acquisition, collaboration, partnership and product launch whereas, partnership is the key strategy adopted by the companies in the global MEMS oscillator market.
For Example: In 2015, Si Time Corporation and Abracon Holdings LLC signed a partnership agreement to expand the availability of MEMS oscillator.
In 2015, Si Time Corporation and Daishinku Corporation signed a strategic partnership agreement for the purpose to enhance the timing market and increasing adoption of MEMS frequency control products.
The report covers detailed analysis of companies which comprises of overview, SCOT analysis, product portfolio, strategic initiative, strategic analysis, competitive landscape and market share analysis in the global MEMS oscillator market.
Key reasons to buy the report:
- The report includes market estimation, forecast and analysis for the forecast year 2016-2023 of the global MEMS oscillator market.
- Report includes detailed analysis of different segments such as packaging type, band, general security and applications of the global MEMS oscillator market.
- Identify and understand the strength, opportunities, challenges and threat of the global MEMS oscillator market.
- Covers details analysis of Porters 5 force model and other strategic models and also covers revenues, market share analysis, and competitive landscape analysis of major players of the global MEMS oscillator market.
- Detailed analysis of various the regulatory policies which affect the global MEMS oscillator market.
How are we different from others:
At Occams we provide an extensive portfolio which is comprehensive market analysis along with the market size, market share, and market segmentations. Our report on global MEMS oscillator market offers detailed analysis of strategic models such as investment vs. adoption model, see saw analysis and others strategic models. Also, the report contains the detailed analysis of application, adoption scenario and decision support for each segment. The report discusses competitive landscape of the global MEMS oscillator market, with giving extensive SCOT analysis of key companies.
Key findings of the global MEMS oscillator market:
- Rapid growth of mobile infrastructure and electronic wearable is adding growth in the global MEMS oscillator market.
- North America held highest revenue share in 2016for the MEMS oscillator market.
- Simple packaged MEMS oscillator (SPMO) held the largest share of the MEMS oscillator market in 2016. However, the market for temperature compensated MEMS oscillator (TCMO) is expected to grow at the highest rate during the forecast period.
- Partnership is the key strategy adopted by players of global MEMS oscillator market.
