Timing Devices Market Was Estimated at US$5.173 billion in 2019


Posted July 2, 2020 by knowledgesourcing12

The Timing Devices Market is expected to witness a meteoric growth during the forecast period due to an elephantine demand for consumer electronics, advanced automotive electronics, and healthcare and medical equipment.
 
Knowledge Sourcing Intelligence announces the publication of a new report on “Timing Devices Market- Forecasts from 2020 to 2025” to their offering.

Instruments, which have emerged as an inseverable component for measuring elapsed time intervals in the known temporal segments as well as to the fraction of seconds are collectively referred to as timing devices. Pocket instruments and instruments that can be worn on the wrists which have the characteristic mechanical movements employ the utilization of Small timing devices. Whereas large timing devices are majorly sought-after panel-mounted devices among others. Just like clocks and the likes,a basic pattern of mechanical, electrical and electronic movement is also adhered by time devices for the measurement of time along with the provision for measuring time intervals that have elapsed through the means of a mechanism that facilitates the commencement, termination and reset of the indicator. Some of the salient factors that are poised to lead to the prolific growth of the market is increasing demand for oscillators that is in turn driven by the consumer demand for automotive, consumer electronics, and industrial segment, evidenced by an increased consumer spending.
Consumer electronics are expected to hold the largest share of the timing devises markets due to the high adoption rate of timing ICs in tablets and smartphones that have effectively and revolutionized the consumer electronic sector, which has witnessed developments like advancements in MEMS technology, reduced power consumption, and low-cost solutions. These conditions have made it conducive for further timing devices market growth. Besides consumer electronics, the rising demand for microwave components for RADAR application pertaining to both military and civilian purposes is also expected to accelerate the growth for the timing devices market. the aforementioned sectorial dynamics had led to some major strategic moves by market players. For example, in September 2018, Renesas Electronics Corporation (TSE: 6723), which is a globally renowned and a premier supplier of advanced semiconductor solutions and Integrated Device Technology, Inc. (NASDAQ: IDTI), which is leading supplier analog mixed-signal products that include connectivity, sensors and wireless power had announced the signing of a definitive agreement that will concretize the acquirer of Integrated Device Technology, Inc. by Renesas for US$49.00 per share in a cash-based transaction that represented an equity value of about US$6.7 billion (around 733.0 billion yen at an exchange rate of 110 yen to the dollar). This transaction that had been unanimously approved by the boards of directors of both companies have been undertaken to enhance the efficiency and performance of high-computing electronic systems by utilizing the expertise of both the entities in analog mixed-signal semiconductors and embedded processors.

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The recent study on the Timing Devices Market covers an in-depth analysis of the market on the basis of type, application, and geography. The report also covers the country-level analysis within the regions as well. Additionally, the report covers the key trends in the market along with drivers and restraint during the forecast period 2020-2025. According to the report titled “Timing Devices Market – Forecasts from 2020 to 2025”, the market is estimated to grow at a steady rate during the forecast period. The report has segmented the Timing Devices Market by system (Optical, Non-Optical), byType(Oscillators, Semiconductor Clocks, Resonators), By Application (Industrial, Consumer Electronics, Telecommunications, Automotive, Healthcare, Others)and by geography such as Americas, North America, South America, Europe Middle East and Africa, Europe, Middle East and Africa and Asia Pacific.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining a faster and efficient understanding of the global Timing Devices Market.
Major players covered as part of the report are NXP Semiconductors, Texas Instruments Incorporated, Murata Manufacturing Co., Ltd, EPSON, Seiko, Oscilent, STMicroelectronics, Rakon Limited, Microsemi Corporation,and Microchip Technology Inc among others.
Segmentation
This report segmented the Timing DevicesSystem Market on the basis following terms
By Type
• Oscillators
• Semiconductor clocks
• Resonators
By Application
• Industrial
• Consumer Electronics
• Telecommunications
• Automotive
• Healthcare
• Other
By Geography
North America
• United States
• Canada
• Mexico
South America
• Brazil
• Argentina
• Others
Europe
• Germany
• Spain
• United Kingdom
• Italy
• France
• Others
Middle East and Africa
• Saudi Arabia
• Israel
• Others
Asia Pacific
• Japan
• China
• Japan
• India
• South Korea
• Others
Unique Reasons to buy Timing Devices Market report-
1. In-depth analysis with sufficient data points and references included.
2. Best possible insights in addition to a detailed analysis of drivers and restraints.
3. Comparison between the market players and in-depth analysis of their strategies through competitive benchmarking.
4. Both bottom-up and top-down approaches have been utilized to determine the market size of the overall market and key segments.
Scope of Research onTiming Devices Market
1. The forecast period is from 2020 to 2025with 2019 as the base year.
2. Leading industry trends and regulations, key business opportunities, drivers and restraints at the global and regional level
3. Strategies of the key players in analyzing the competitive benchmarking are provided in the report
4. Corporate profiles of leading players along with their financial profiles across regions and industry verticals can be provided on customization requests.


Knowledge Sourcing Intelligence (KSI) is a market research and consulting firm publishing market research studies spanning across ten industry verticals. KSI has a team of experienced and young professionals with a singular focus on delivering high-quality research services to enterprises, non-government organizations, government agencies, and research institutes and organizations. We publish hundreds of reports per year centering on the niche and latest technologies. We engage with key decision-makers and stakeholders across the value chain to provide clients with a detailed analysis and bird's-eye view of the market with complete market dynamics, statistical forecasts, competitive analysis, key trends, market drivers and challenges, and strategic recommendations for making informed decisions. Our success lies in the effort of our analysts who strive to meet client expectations by delivering quality work within the stipulated deadlines.

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Last Updated July 2, 2020