The Latin America, Middle East and Africa Crystal Oscillator Market would witness market growth of 5.8% CAGR during the forecast period (2023-2030).
Advancements have continued in the field, leading to the rise of surface-mount crystal oscillators (SMXOs). These compact oscillators are directly mounted onto PCBs, catering to the demand for smaller form factors and greater integration in electronic devices. Further refinements focused on achieving higher frequencies, lower power consumption, and improved stability to meet the evolving needs of telecommunications, high-speed data transmission, and precision instrumentation.
Throughout their evolution, crystal oscillators have remained foundational in modern electronics, providing unparalleled precision, stability, and accuracy in frequency control across diverse industries. Continuous research and innovation propel their evolution, ensuring they meet the escalating demands of an increasingly interconnected and technologically advanced world.
According to ITA, one of the most sizable marketplaces for ICT in Africa is in South Africa. The ICT services and goods sector of South Africa is entering the rapidly expanding African market. In addition to being a developing and increasingly significant contributor to South Africa's gross domestic product, the ICT and electronics industry is also highly developed. Several multinational corporations, including IBM, Cisco, Microsoft, AWS, Dell, Intel, Novell, and Compaq, maintain subsidiaries in South Africa. It serves as a supply base and regional center for neighboring nations. Hence, the rising expansion of the telecommunication infrastructure and technology in the region is propelling the growth of the market.
The Brazil market dominated the LAMEA Crystal Oscillator Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $63.1 million by 2030. The Argentina market is experiencing a CAGR of 6.4% during (2023 - 2030). Additionally, The UAE market would exhibit a CAGR of 5.5% during (2023 - 2030).
Based on Mounting Scheme, the market is segmented into Surface Mount and Through-Hole. Based on Crystal Cut, the market is segmented into AT Cut, BT Cut and SC Cut. Based on General Circuitry, the market is segmented into Temperature-Compensated Crystal Oscillator (TCXO), Voltage-Controlled Crystal Oscillator (VCXO), Frequency-Controlled Crystal Oscillator (FCXO), Oven-Controlled Crystal Oscillator (OCXO), Simple Packaged Crystal Oscillator (SPXO), and Others. Based on Application, the market is segmented into Consumer Electronics, Telecom & Networking, Military & Aerospace, Healthcare & Lifesciences, Automotive, Research Measurement, Industrial, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Crystal Oscillator Market is Projected to reach USD 3.8 Billion by 2030, at a CAGR of 3.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Seiko Epson Corporation, Nihon Dempa Kogyo Co., Ltd., Kyocera Corporation, Daishinku Corp, SiTime Corporation, SIWARD Crystal Technology Co., Ltd., TXC Corporation, HOSONIC TECHNOLOGY (GROUP) CO., LTD., Microchip Technology Incorporated, and Murata Manufacturing Co., Ltd.
By Mounting Scheme
By Crystal Cut
By General Circuitry
By Application
By Country
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