Global Semiconductor Clock Market to grow at a CAGR of 13.22% during the period of 2016 - 2020; Finds New Report

Report forecast the global semiconductor clock market to grow at a CAGR of 13.22% during the period of 2016 to 2020.

A semiconductor clock or a real-time clock (RTC) is an IC that keeps track of the current time as well as ensures the smooth functioning of electronic devices by keeping proper time among the device components. A semiconductor clock is integrated into an electronic device that requires accurate timekeeping. A semiconductor clock offers low power consumption (important when running from alternate power) and frees the main system for time-critical tasks.

The report covers the present scenario and the growth prospects of the global semiconductor clock market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of quartz oscillators and microelectromechanical system (MEMS) resonators.

The market is divided into the following segments based on geography:

• Americas
• APAC
• EMEA

According to the report, one driver that will facilitate growth in this market is the ability to maintain time with minimal power use. Almost every electronic device that is sold in the market is linked to a clock and needs to maintain the current time even when the device is switched off. One way of achieving this is through an integrated clock. However, the power consumption in integrated clocks is higher, which will eventually result in the device losing power completely within a short span. A semiconductor clock is able to perform the function of maintaining the current time for the device it is attached to while ensuring minimal power consumption.

Further, the report states that factors like poor accuracy and calibration will pose a significant challenge for the growth of this market. A semiconductor clock faces the issue of poor accuracy as these devices can only be updated per second and not within fractions of seconds. A time base oscillator, which is typically a 32.768 kHz crystal, determines the accuracy of the semiconductor clock. These crystals are very cheap but fall behind in terms of timekeeping, thereby affecting the accuracy of semiconductor clocks. In addition, these crystals are sensitive to temperature fluctuations due to poor calibration during their manufacturing.

Global semiconductor clock market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global semiconductor clock market: Epson, Maxim Integrated, NXP Semiconductors, Ricoh, STMicroelectronics, and Texas Instruments.

Other Prominent Vendors in the market are: Abracon, Integrated Device Technology, IQD, Daishinku, Kyocera, Murata, SiTime, and TXC.

Market driver

• Ability to maintain time with minimal power use
• Improvement in battery life of electronic devices
• Ability to maintain flow in device functioning
• Growing adoption of smartphones and tablets
• Growth in smart grid technology

Market challenge

• Poor accuracy and calibration
• Poor distribution systems
• Miniaturization of semiconductor clock ICs
• Cyclical nature of semiconductor industry

Market trend

• Increased automation in automobiles
• Rapid advances in MEMS technology
• Emergence of wearable technology

Key questions answered in this report

• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Spanning over 53 pages and 29 Exhibit “Global Semiconductor Clock Market 2016 - 2020” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Technology overview, Market segmentation by application, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.

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