Middle East & Africa Timing Devices Market Size & Outlook
The timing devices market in Middle East & Africa is expected to reach a projected revenue of US$ 532.4 million by 2030. A compound annual growth rate of 9.3% is expected of Middle East & Africa timing devices market from 2024 to 2030.
Revenue, 2023 (US$M)
$284.8
Forecast, 2030 (US$M)
$532.4
CAGR, 2024 - 2030
9.3%
Report Coverage
Middle East & Africa
Middle East & Africa timing devices market, 2018-2030 (US$M)
MEA timing devices market highlights
- The MEA timing devices market generated a revenue of USD 284.8 million in 2023.
- The market is expected to grow at a CAGR of 9.3% from 2024 to 2030.
- In terms of segment, oscillators was the largest revenue generating type in 2023.
- Oscillators is the most lucrative type segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 284.8 million |
| Market revenue in 2030 | USD 532.4 million |
| Growth rate | 9.3% (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, MEA region accounted for 4.9% of the global timing devices market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,816.8 million by 2030.
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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 |
|---|
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