Press Release

Sep, 13 2023

Increasing Demand from Automotive Industry Due to Rising Electronic Components and Features are driving the Global Silicon Based Timing Device Market

The silicon-based timing device market is a significant and dynamic segment of the semiconductor industry. Silicon-based timing devices including clock generators, clock buffers, and jitter attenuators, play a crucial role in modern electronics by providing accurate timing references and synchronization signals for a wide range of applications. The market is fragmented in nature, as it consists of many global players and regional players. The presence of these companies maintains a competitive environment resulting in technological development, and services with various features and characteristics at a competitive price. The increasing demand for high-performance electronics, the proliferation of communication networks, the rise of IoT (Internet of Things) devices, and the expansion of data centers are driving the demand for precise and stable timing solutions.

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Data Bridge Market Research analyses that the Global Silicon Based Timing Device Market is expected to grow at a CAGR of 6.4% from 2023 to 2030 and is expected to reach USD 2,312,966.15 thousand by 2030. An increasing in demand for timing devices in data centers is the opportunity for the market.

Key Findings of the Study

Silicon Based Timing Device Market

Rise in Demand from the Telecom Industry with an Increase in High Bandwidth Technologies

Telecom networks are shifting towards high-bandwidth technologies such as 5G and others. These networks require extremely precise timing to synchronize data transmission between various network components. Silicon-based timing devices provide the accurate clock signals needed to ensure data is sent and received reliably at high speeds.

The growing need in the telecom field for faster connections and better technologies is boosting the demand for silicon-based timing devices. These devices help make sure that data goes where it's supposed to at the right time. They are similar to important helpers in making communication systems work well.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015 – 2020)

Quantitative Units

Revenue in USD Thousand, Volumes in Units, Pricing in USD

Segments Covered

Type (Clock Generators, Clock Buffers, and Jitter Atternuators), Input Frequency (Above 200 MHZ, 50 MHZ to 200 MHZ, and Upto 50 MHZ), Mounting Type (Surface Mount and Through Hole), Application (Consumer Electronics, Telecommunication & Networking, Data Centers, Automotive, Industrial, Medical & Healthcare, Military & Defense, and Others)

Countries Covered

U.S., Canada, and Mexico, Germany, U.K., France, Netherlands, Italy, Spain, Russia, Switzerland, Turkey, Belgium, Sweden, Poland, Norway, Denmark, Finland, and Rest of Europe, China, Japan, South Korea, India, Malaysia, Australia, Taiwan, Singapore, Indonesia, Thailand, New Zealand, Philippines, Vietnam, and Rest of Asia-Pacific, Brazil, Argentina, and Rest of South America, Israel, U.A.E., Saudi Arabia, South Africa, Egypt, Kuwait, Qatar, Oman, Bahrain, and Rest of Middle East and Africa

Market Players Covered

Microchip Technology INC (U.S.), Sitime Corp. (U.S.), Rohm Co., Ltd. (Japan), Skyworks Solutions, INC (U.S.), Texas Instruments Incorporated (U.S.), Renesas Electronics Corporation (Japan), Semiconductor Components Industries, LLC (U.S.), Analog Devices, INC (U.S.), Infineon Technologies AG (Germany), and Torex Semiconductor Ltd. (Germany) among others

Data Points Covered in the Report

In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Segment Analysis

The global silicon based timing device market is segmented into four notable segments based on type, input frequency, mounting type, and application.

  • On the basis of type, the market is segmented into clock generators, clock buffers, and jitter attenuators.

In 2023, the clock generators segment is expected to dominate the global silicon based timing device market.

In 2023, the clock generators segment is expected to dominate the market with a market share of 50.55% market share as it plays a critical role in producing accurate clock signals.

  • On the basis of input frequency, the market is segmented into above 200 MHZ, 50 MHZ to 200 MHZ, and up to 50 MHZ.

In 2023, the above 200 MHZ segment is expected to dominate the global silicon based timing device market.

In 2023, above 200 MHZ segment is expected to dominate the market with a market share of 57.55% as it is mostly used in electronic devices in a wide range of applications.

  • On the basis of mounting type, the market is segmented into surface mount and through hole In 2023, the surface mount segment is expected to dominate the market with a market share of 64.03%.
  • On the basis of application, the market is segmented into consumer electronics, telecommunication & networking, data centers, automotive, industrial, medical & healthcare, military & defense & others. In 2023, the consumer electronics segment is expected to dominate the market with a market share of 31.45%.

Major Players

Data Bridge Market Research recognizes the following companies as the major key players in the Global silicon based timing device market are Microchip Technology INC (U.S.), Sitime Corp. (U.S.), Rohm Co., Ltd. (Japan), Skyworks Solutions, INC (U.S.), Texas Instruments Incorporated (U.S.), Renesas Electronics Corporation (Japan), Semiconductor Components Industries, LLC (U.S.), Analog Devices, INC (U.S.), Infineon Technologies AG (Germany), and Torex Semiconductor Ltd. (Germany), among others.

Silicon Based Timing Device Market

Market Development

  • In November 2022, Skyworks Solutions, Inc. unveiled its cutting-edge range of jitter attenuators tailored for high-speed networking and data centers, important for modern internet frameworks. Moving towards 5G traffic and emerging technologies such as AI and edge computing these needs can be easily met by enhanced Si536x jitter attenuating clocks. This launch addresses the precise timing prerequisites of designers and vendors, aligning seamlessly with the demands of rapid networks and innovative applications. The launch of this new product portfolio enhances Skyworks' competitive edge in the communication network market.
  • In August 2022, Skyworks Solutions, Inc. introduced the Si551x and Si540x NetSync clock integrated circuit devices along with the AccuTime IEEE 1588 software. These innovations cater to the needs of 5G networks for mobile operators and equipment vendors. This product launch benefits the company by strengthening its business relationship with NXP Semiconductors and AMD to drive 5G solutions for both the public and private wireless network markets.
  • In March 2023, Analog Devices, Inc. announced the release of an extremely low noise dual output DC/DC Module regulator with proprietary silicon, layout, and packaging advancements. The LTM8080's front-end is a high-efficiency synchronous Silent Switcher step-down regulator followed by two distinct low noise, low dropout (LDO) regulators that operate from up to 40 V input. The LTM8080's packaging incorporates an EMI barrier wall or shield to further minimize switching noise. The LTM8080 is intended to power digital loads susceptible to switching regulator noise, such as data converters, RF transmitters, FPGA I/O and clock, op-amps, transceivers, and medical scanners.
  • In February 2021, Renesas and Fixstars teamed up to create a set of tools that make it easier to design software for cars with advanced driving and safety features (AD and ADAS). This partnership will help the company to speed up the process of creating software that powers things like automated driving and safety systems in vehicles.
  • In August 2023, Infineon Technologies AG introduced new automotive 60 V and 120 V OptiMOS 5 in TOLx packages for 24 V-72 V supplied high-power ECUs. To address the development in the transportation system, Infineon Technologies AG is expanding its OptiMOS 5 portfolio of automotive MOSFETs in the 60 V and 120 V ranges with additional high-power TOLL, TOLG, and TOLT packages. They provide a small form factor with very strong thermal performance and great switching behavior. This further helped the company to expand its footprint across the market.

 Regional Analysis

Geographically, the countries covered in the global silicon based timing device market are U.S., Canada, and Mexico, Germany, U.K., France, Netherlands, Italy, Spain, Russia, Switzerland, Turkey, Belgium, Sweden, Poland, Norway, Denmark, Finland, and Rest of Europe, China, Japan, South Korea, India, Malaysia, Australia, Taiwan, Singapore, Indonesia, Thailand, New Zealand, Philippines, Vietnam, and Rest of Asia-Pacific, Brazil, Argentina, and Rest of South America, Israel, U.A.E., Saudi Arabia, South Africa, Egypt, Kuwait, Qatar, Oman, Bahrain, and Rest of Middle East and Africa.

As per Data Bridge Market Research analysis:

North America is expected to dominate the global silicon based timing device market

North America region is expected to dominate the market as the region has a strong focus on technological advancements and innovation, particularly in sectors such as consumer electronics, telecommunication & networking.

Asia-Pacific is the fastest-growing region in the global silicon based timing device market

The Asia-Pacific region is expected to be the fastest-growing region due to the rising customer demand in the region.

For more detailed information about the global silicon based timing device market report, click here – https://www.databridgemarketresearch.com/reports/global-silicon-based-timing-device-market


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