Market Size of MEMS-based Oscillator Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 276.05 Billion |
| Market Size (2029) | USD 976.99 Billion |
| CAGR (2024 - 2029) | 28.76 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | Asia-Pacific |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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MEMS-Based Oscillator Market Analysis
The MEMS-based Oscillator Market size is estimated at USD 276.05 billion in 2024, and is expected to reach USD 976.99 billion by 2029, growing at a CAGR of 28.76% during the forecast period (2024-2029).
The MEMS oscillator market is accelerated due to increased demand for products from end-use industries worldwide.
- MEMS oscillators are a class of timing apparatus that help create extremely stable reference frequencies that can measure moments. In order to manage information exchange, assess the timing, describe radio frequencies, and place orders for electronic devices, these comparison frequencies are frequently used.
- MEMS and silicon-based technologies also operate over a broad frequency range, are less sensitive to frequency jumps, and are highly resistant to mechanical shock, vibration, and temperature changes. As a result, this technology has been helpful for developing small-sized timing solutions that are also robust, high-performing, and programmable.
- For instance, the silicon MEMS-based oscillator DSC1001 from Microchip offers a broad range of supply voltages and temperatures, including 1MHz to 150MHz with supply voltages between 1.8 and 3.3 VDC and temperature ranges up to -40C to 105C. The device offers jitter and stability performance as low as 10ppm.
- The high R&D costs involved in the development of MEMS oscillator is poised to limit the number of companies operating in the market, which may lead to fewer developments of MEMS oscillators. The established players in the market put significant R&D efforts into designing and developing next-generation silicon timing systems solutions.
- The COVID-19 outbreak had a significant impact on the production of frequency control devices, causing delays in the shipping of finished goods across the automotive, consumer electronics, and aerospace industries. Due to the closure of well-known semiconductor factories, the supply chain was severely harmed. However, as microfluidics and pressure are connected to COVID-19, including respiratory diagnostics and other research tools to study COVID-19 patient monitoring, MEMS-based oscillator devices for medical monitoring applications have benefited.
