Global Timing Devices Market Size & Outlook, 2023-2030
The timing devices industry worldwide is expected to reach a projected revenue of US$ 9,679.7 million by 2030. A compound annual growth rate of 7.5% is expected of the worldwide timing devices industry from 2024 to 2030.
Revenue, 2023 (US$M)
$5,851.0
Forecast, 2030 (US$M)
$9,679.7
CAGR, 2024 - 2030
7.5%
Report Coverage
Worldwide
Global timing devices market, 2018-2030 (US$M)
Global timing devices market highlights
- The global timing devices market generated a revenue of USD 5,851.0 million in 2023 and is expected to reach USD 9,679.7 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 7.5% by 2030.
- In terms of segment, oscillators accounted for a revenue of USD 5,851.0 million in 2023.
- Oscillators is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 5,851.0 million |
| Market revenue in 2030 | USD 9,679.7 million |
| Growth rate | 7.5% (CAGR from 2023 to 2030) |
| Largest segment | Oscillators |
| Fastest growing segment | Oscillators |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Oscillators |
Other key industry trends
- In terms of revenue, the North America accounted for 43.1% of the global timing devices market in 2023.
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Timing Devices Market Scope
Timing devices market segmentation & scope
MEMS Oscillators
Ceramic Oscillators
Atomic Clocks
Resonators
Clock Generators
Clock Buffers
Jitter Attenuators
Material
Crystal
Silicon
Ceramic
Vertical
Consumer Electronics
Enterprise Electronics
BFSI
Telecommunications & Networking
Automotive
Industrial
Military & Aerospace
Others
Countries
Argentina
Brazil
Denmark
France
Germany
Italy
Spain
Sweden
UK
U.S.
Canada
Mexico
Kuwait
Saudi Arabia
South Africa
UAE
Australia
China
India
Japan
South Korea
Thailand
Timing Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global timing devices market size, by regions, 2018-2030 (US$M)
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