Crystal Oscillator Is Estimated To Witness High Growth Owing To growing demand for consumer electronics.
- Ronak Shah
- World News
- January 17, 2025

The Crystal Oscillator Market is estimated to be valued at US$ 2082.5 Bn in 2024 and is expected to exhibit a CAGR of 4.0% over the forecast period 2024- 2031, as highlighted in a new report published by Coherent Market Insights’ The growth of the crystal oscillator market is driven by growing demand for consumer electronics and increasing use in automotive applications.
Consumer electronics such as smartphones, laptops, tablets, wearables, and gaming consoles require crystal oscillators for various functions including clocking, frequency synthesis, and network synchronization. According to Coherent Market Insights analysis, sales of consumer electronics grew by 12% year-on-year in 2023. On the other hand, integration of services such as navigation, entertainment, and telematics in automobiles is driving the adoption of crystal oscillators. As per statistics, global automotive production is estimated to grow by 3% annually until 2030.
Key Market Trends: Adoption of surface mount device (SMD) oscillators and miniaturization of crystal oscillator components are some key trends in the crystal oscillator market. SMD oscillators are gaining popularity due to compact size and ease of mounting on printed circuit boards compared to traditional dual in-line package (DIP) oscillators. As per estimates, the penetration of SMD oscillators grew from 45% in 2018 to over 60% in 2023. In addition, miniaturization of components is leading to the development of more compact oscillator designs. For instance, sizes of crystal units have reduced from 5mm x 3.2mm a few years ago to current dimensions of 2mm x 1.6mm. This allows integration of multiple oscillators in constrained spaces and facilitates product miniaturization.
Crystal Oscillator Opportunity: The atomic crystal oscillator segment is expected to witness significant growth over the forecast period. Atomic crystal oscillators are extremely accurate and stable frequency sources, achieving stabilities and accuracies far superior to conventional crystal oscillators. They find widespread usage in sensitive timing and frequency control applications such as telecommunications infrastructure, scientific instrumentation, and precision navigation systems. Various technological advancements focused on miniaturizing atomic crystal oscillator circuitry and reducing their size, weight, and power consumption are expanding their application range in portable devices and satellites.
The MEMS crystal oscillator segment accounts for a sizable revenue share in the market. The adoption of MEMS technology enables the integration of mechanical and electronic components on a common silicon substrate through microfabrication. MEMS crystal oscillators offer various benefits over conventional quartz crystal oscillators, including compact size, durability, reliability, and enhanced frequency stability. They find applications in portable electronics, automotive telematics systems, Bluetooth devices, and LAN infrastructure equipment among others. Continued innovation aimed at further shrinking the form factor and lowering the price point of MEMS crystal oscillators is expected to increase their penetration across various end-use industries.
Key Market Takeaways: The global crystal oscillator market size was valued at USD 2082.5 billion in 2024 and is anticipated to witness a CAGR of 4.0% during the forecast period 2024-2031. This can be attributed to the expanding applications of precision timing devices in wireless networks, GPS systems, industrial instrumentation, and IoT applications.
By Type, the VCXO segment is expected to hold a dominant position owing to its ability to generate signals of adjustable frequency for software-defined radio and spread spectrum technologies.
By Mounting Type, the Surface Mount segment accounts for majority share as surface-mount devices are preferred in compact consumer electronics and communication systems due to their small size and ease of assembly on printed circuit boards.
Regionally, North America holds the largest revenue share in the crystal oscillator market due to high demand from telecommunications and military equipment manufacturing industries.
Competitor Insights: Key players operating in the crystal oscillator market include Seiko Epson Corp., Daishinku Corp., Texas Instruments, Nihon Dempa Kogyo Co. Ltd., TXC Corp., KYOCERA Crystal Device, SiTime Corp., Fronter Electronics Co. Ltd., and Rakon Ltd. Strategic partnerships and new product launches are common strategies adopted by major players for business expansion.
Recent Developments: In June, Kyocera unveiled a new TCXO achieving ±2ppm stability from -40°C to +105°C, using their proprietary Z-cut quartz and an ASIC based temperature compensation circuit. Targeted for 5G base station radios, industrial devices and automotive, it is available in 3.2×2.5mm and 5.0×3.2mm package sizes. More information in full report.