The Global Oven

The adoption of Oven-Controlled Crystal Oscillator (OCXO) in Automotive sector is rising because of the high population-density areas of North America and Europe. Hence, the Automotive segment would capture approximately 1/5th share of the market by 2030.

New York, July 31, 2023 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Oven-Controlled Crystal Oscillator Market Size, Share & Industry Trends Analysis Report By Mounting Scheme, By Application, By Type, By Regional Outlook and Forecast, 2023 - 2030" - https://www.reportlinker.com/p06481424/?utm_source=GNW This increased demand has resulted in a higher need for powertrains with more control units. Consequently, this raises the demand for OCXOs by automobile manufacturers. In terms of readiness for technology, IT companies and start-ups will probably be crucial to the advancement of autonomous vehicles. Consumers will receive a lot of value from autonomous vehicles, such as the ability to commute while working or the ease of utilizing social media or viewing movies while riding. Some of the factors impacting the market are the developing sector of the telecommunications industry, emergence of IoT (Internet of Things) and Industry 4.0, and substantial OCXO power requirements.The OCXO market is mostly supported by the telecommunications sector. To build wireless networks, implement 5G technology, and enable quicker data transfer, synchronization, and precise timing are essential. Satellite, telecom, broadcasting, and other space applications require oven-controlled crystal oscillators. With the advent of 5G, smart network communication settings will be able to connect things, people, data, applications, transportation systems, and cities. As a result of OCXO’s powerful, trustworthy, and established temperature-sensing capabilities, along with the increasing demand for 5G network development, the market is expected to grow.Industry 4.0 is the most recent industrial revolution largely concerned with automation, networking, real-time data, and machine learning. Industry 4.0 is defined as smart manufacturing and operations that employ smart digital technologies to create a highly linked ecosystem for businesses primarily concerned with production and supply chain management. In Industry 4.0, robotics has a significant impact. As a result, the emergence of Industry 4.0 is anticipated to present a sizable opportunity for growth for the market players throughout the forecast period.However, as they can control the oven temperature, OCXOs frequently consume more power compared to other oscillator types. In applications where power efficiency is crucial, like low-power systems or battery-operated devices, OCXOs’ increased power consumption may limit their utilization. In general, OCXOs are typically larger compared to other types of oscillators. Therefore, a major barrier for OCXO makers inhibiting the market’s expansion.Mounting Scheme OutlookBased on mounting scheme, the market is characterized into surface mount and through-hole. The through-hole segment procured a considerable growth rate in the market in 2022. Due to the ease of using breadboard sockets during prototype design, the through-hole technique involves less capital expenditure. Due to the potential for intense accelerations, accidents, or high temperatures, this technology is frequently employed in military, automotive, and aerospace goods.Application OutlookOn the basis of application, the market is classified into telecom & networking, consumer electronics, military & aerospace, industrial, research & measurement, automotive, and medical. The telecom and networking segment acquired the largest revenue share in the market in 2022. Since modern activities are so heavily reliant on the Internet, the telecom and networking industry is expanding quickly. The demand for OCXOs in this industry is primarily driven by the need for dependable synchronization, accurate timing, and exact frequency references in various network applications.Type OutlookBased on type, the market is segmented into evacuated miniature crystal oscillators (EMXO) and double oven-controlled oscillators (DOCXO). The double oven-controlled oscillators (DOCXO) segment acquired a substantial revenue share in the market in 2022. An extra outside oven is wrapped around the interior OCXO in a DOCXO kind of OCXO. According to the outer oven, DOCXOs have an additional layer of insulation across which the power input must balance heat dissipation, lowering the working maximum ambient temperature.Regional OutlookRegion wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The North America segment recorded the largest revenue share in the market in 2022. The region supports and promotes the development of new cellular technologies, including LTE, 5G, etc., which presents enormous growth prospects for OCXO producers. The consumer electronics and automotive industries have also experienced significant expansion and rising demand in the region. Furthermore, this region has a considerable demand for high-end technological vehicles. Therefore, market growth is probably being driven by technological advancements in these industries.The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Nihon Dempa Kogyo Co., Ltd., TXC Corporation, DAISHINKU CORP., SiTime Corporation, Rakon Ltd., Mercury Electronic Industrial Co., Ltd., Abracon LLC (The Riverside Company), Greenray Industries Inc., Seiko Epson Corporation, and Microchip Technology IncorporatedScope of the StudyMarket Segments covered in the Report:By Mounting Scheme• Surface Mount• Through-holeBy Application• Telecom & Networking• Consumer Electronics• Military & Aerospace• Industrial• Research & Measurement• Automotive• MedicalBy Type• Evacuated Miniature Crystal Oscillators (EMXO)• Double Oven Controlled Crystal Oscillators (DOCXO)By Geography• North Americao USo Canadao Mexicoo Rest of North America• Europeo Germanyo UKo Franceo Russiao Spaino Italyo Rest of Europe• Asia Pacifico Chinao Japano Indiao South Koreao Singaporeo Malaysiao Rest of Asia Pacific• LAMEAo Brazilo Argentinao UAEo Saudi Arabiao South Africao Nigeriao Rest of LAMEACompanies Profiled• Nihon Dempa Kogyo Co., Ltd.• TXC Corporation• DAISHINKU CORP.• SiTime Corporation• Rakon Ltd.• Mercury Electronic Industrial Co., Ltd.• Abracon LLC (The Riverside Company)• Greenray Industries Inc.• Seiko Epson Corporation• Microchip Technology IncorporatedUnique Offerings • Exhaustive coverage• Highest number of market tables and figures• Subscription based model available• Guaranteed best price• Assured post sales research support with 10% customization freeRead the full report: https://www.reportlinker.com/p06481424/?utm_source=GNWAbout ReportlinkerReportLinker is an award-winning market research solution. 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