Middle East and Africa Timing Devices Market – Industry Trends and Forecast to 2029

Middle East and Africa Timing Devices Market, ByType (Oscillator, Clock Buffer, Clock Generator, Jitter Attenuator, Resonator), Mounting Type (Surface Mount, Through Hole), Material (Silicon, Crystal, Ceramic), End Use (Consumer Electronics, Industrial, Medical and Healthcare, Automotive, Telecommunications and Datacenter, Military and Defense, Others) - Industry Trends and Forecast to 2029.

Middle East and Africa Timing Devices Market Analysis and Size

Timing devices are found in almost all electronic equipment because they offer timing signals for transmitting data at the right speed and time and provide continuous synchronizing signals. Also, the increasing implementation of advanced automotive electronics, rapid growth in 5G and LTE technology, and advancements in technologies such as IoT and connected devices are t expected to boost the market growth during the forecast period. 

Data Bridge Market Research analyses that the timing devices market was valued at USD 420.13 million in 2021 and is expected to reach the value of USD 795.08 million by 2029, at a CAGR of 8.30% during the forecast period. 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.

Middle East and Africa Timing Devices Market Scope and Segmentation

Market Definition

Timing devices are instruments used for measuring the elapsed time intervals in segments such as minute, hour, second, and fraction of second. Small timing devices are manufactured as wrist and pocket instruments, generally the mechanical movements and display the elapsed time. Large timing devices are being produced in the panel-mounted units and the table medium, comprising demonstrational timers. Timing devices are generally electrically powered with a type of digital display.

Middle East and Africa Timing Devices Market Dynamics

Drivers

• High usage of timing devices in oscillator application

The oscillator segment has accounted for the largest share of the overall timing devices market. The demand for the oscillator is growing due to the rising demand for stable and low power consumption, cost-effectiveness, and low phase jitter. The broad range of applications of oscillators, such as audio applications, setting a frequency, and generating clock signals, increase the demand for timing devices, which is expected to drive the market's growth rate.

• High usage of timing devices in automotive electronics

Automotive electronics are used in car navigation systems, infotainment systems, in-vehicle audio-visual equipment, advanced driver assistance systems, safety control systems, and driving control systems. Thus, the high usage of timing devices in automotive electronics is anticipated to drive the market's growth rate.

Moreover, the increasing adoption of smartphone devices all over the globe is generating higher demand for timing devices and also acts as a major driving factor for the market's growth. 

Opportunity

• Increase in innovative applications of timing devices in automotive and healthcare sectors

The surging innovative solutions in the healthcare and automotive sector will create immense opportunities for the growth of the timing devices market. For instance, Murata Manufacturing Co. has announced the launch of S.M.D. ceramic resonators adopted in the CSTNE-G & CSTNE-V series (from 8 to 20 MHz) and CSTCR-G series (from 4 to 7.999 MHz). This achieves high-density installation by small-scale package without any exterior load capacitor. It can also realize a durable stable supply by adopting a CERALOCK base metal with metal electrode technology.

Restraints

• Increasing technical issues under several external environments 

The rising trend of miniaturization in the electronic device is the major application for timing devices but has put forth several challenges for the timing device market. There are a few common technical issues factors such as noise in power efficiency and output frequency, heat dissipation arising due to improper design, or other external environmental factors that will hamper the growth of the timing devices market.

This timing devices market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the timing devices market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Developments

• In March 2022, SiTime Corporation, a market leader in precision timing, announced the Elite X Super-TCXO® for edge networks such as connected cars, data centers, 5G front haul and industrial IoT. In these applications, Elite X enables the delivery of new services and solves critical timing problems. Therefore, a new innovative product using advanced technologies is projected to gain a major market share in the timing devices market 
• In May 2022, Sound, a leading provider of micro-electro-mechanical systems (MEMS) loudspeakers for wearables and hearable, is on a rapid path to substituting balanced armature micro speakers with Microelectromechanical systems (MEMS) based speakers in most moveable consumer electronics by 2025. It is projected that MEMS speakers will be leading 50% of the True Wireless Stereo (T.W.S.) systems market share. Therefore, the timing market in speaker applications is severely dominated by the company. 

 Middle East and Africa Timing Devices Market Scope

The timing devices market is segmented on the basis of type, mounting type, material, and end use. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

• Oscillator
• Clock Buffer
• Clock Generator
• Jitter Attenuator
• Resonator

Mounting Type

• Surface Mount
• Through Hole

Material

• Silicon
• Crystal
• Monocrystal
• Polycrystal
• Ceramic

End Use

• Consumer Electronics
• Industrial
• Medical and Healthcare
• Automotive
• Telecommunications and Datacenter
• Military and Defense
• Others

Timing Devices Market Regional Analysis/Insights

The timing devices market is analysed and market size insights and trends are provided by country, type, mounting type, material, and end use as referenced above.

The countries covered in the timing devices market report are report Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (M.E.A.).

U.A.E. dominates the timing devices market due to the some major factors such as rising adoption of microelectromechanical systems (MEMS) based oscillator technology and intense focus towards the growth of advanced automotive electronics.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Timing Devices Share Analysis

The timing devices market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to timing devices market.

Some of the major players operating in the timing devices market are:

• Texas Instruments Incorporated (U.S.)
• Asahi Kasei Corporation (Japan)
• Rakon Limited (New Zealand)
• Infineon Technologies AG (Germany),
• F.T.S. Inc. (Taiwan)
• Epson America, Inc (U.S.)
• KYOCERA Corporation (Japan),
• N.X.P. Semiconductors (Netherland)
• NIHON DEMPA KOGYO CO., LTD. (Japan)
• Vishay Intertechnology, Inc.   (U.S.)