Acumen Research and Consulting, a global provider of market research studies, in a recently published report titled “Voltage Controlled Oscillator Market – Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2025”.
LOS ANGELES, July 05, 2019 (GLOBE NEWSWIRE) -- The global VCO Market is expected to grow at a CAGR of around 5% from 2018 to 2025 and reach the market value of over US$ 2 billion by 2025.
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Rapid technological advancements in electronics sector and wide applicability of voltage-controlled oscillation in various end-user industries are major factors expected to drive growth of the global VCO market. In addition, increasing demand from consumer electronics sector, owing to its benefits such as small size, high-temperature resistance, false signal protection, and variable bandwidth is another factor expected to support the growth of the global market to a certain extent. Moreover, among the other factors that are expected to positively impact the growth of global market is VCO’s ability to generate variable frequency oscillations with varying input voltage which is resulting in growing demand for voltage controlled oscillator for various applications in industries such as networking and military. However, production of high-phase noises is resulting in lowering the adoption, which is expected to hamper the growth of global market. In addition, introduction of advanced oscillators that work on micro-electro-mechanical systems (MEMS) technology with advance features is resulting in growing adoption of these technology from consumers, which in turn is another factor expected to challenge the growth of global market to a certain extent.
Networking and Telecom Holds a Largest Share in VCO Market
Networking & Telecom accounted for the largest share of global voltage controlled oscillators market. VCOs are also used on a quite wide scale in production of networking electronics, such as satellite receivers and GPS tracking systems. In general, voltage controlled frequency oscillators in 8-14 GHz range are used to produce networking and telecommunications electronics. Rapidly changing business scenario and growing demand for smart telecommunication devices such as radiotelephones, radio receivers, walkie-talkies, and mobile telephones is ultimately driving growth of the market.
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The networking & telecommunications market is expected to grow at a fair pace over the forecast period. As telecommunication systems continue to be more sophisticated, the components used in these systems had to be followed.
Critical component has undergone several major technological advances resulting in increasing demand for crystal oscillator in order to ensure accurate measurement of time and coordination. Oscillators stabilize time-frequency generators that provide electronic communication and navigation systems with carrier and pilot signals. Oscillators also provide other special purpose systems with reference signals and clock signals used by the data processing equipment.
The market in China is expected to contribute significant revenue share in the global market. This can be attributed to China being world's largest producer of electronic equipment such as amplifiers, radio equipment, telecommunication devices, and computers, which is essentially driving the market growth. In addition, increasing use of VCO on large scale in production of computers, telecommunications equipment, function generators, phase-locked loops and frequency synthesizers is another factor further boosting the growth of the target market. Europe is expected to witness steady growth in the market for voltage-controlled oscillators. Factors that are expected to drive the growth of European market are increased use of voltage-controlled oscillators in telecommunication devices and computers.
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Japan is among the largest manufacturers of electronic equipment and a prominent consumer of voltage-controlled oscillators in APAC region. Factors that drive the market growth are increased in level of production of electronic devices due to rise in competition and increasing use of VCOs in the production of electronic music devices. Furthermore, India is the fastest growing market for voltage controlled oscillator. It is one of the largest consumers of electronic devices due to continuous growing population and high smart electronic devices penetration; the market for voltage controlled oscillators is driven eventually.
Some of the key players operating in the global VCO (Voltage Controlled Oscillator More Than 2 GHz) market, profiled in the report include New Chengshi, Electronic, Seiko Epson Corp., Silicon Labs, Fox Enterprises, Interquip, SiTime, Fronter Electronics, Analog Devices, JTC, SJK, ON Semiconductor, KYOCERA Crystal Device, Z-Communications, MACOM, Crystek, MARUWA, Semtech, TXC, FUJITSU, KDS Daishinku, Everything RF, RFMD, Seekon Microwave, Synergy Microwave, BOWEI, and among others.
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