According to a market report by Lucintel, the future of the global semiconductor timing IC market looks promising with opportunities in the consumer electronic, network and telecom, and automotive markets. The global semiconductor timing IC market is expected to reach an estimated $11.6 billion by 2030 with a CAGR of 5.8% from 2024 to 2030. The major drivers for this market are the increasing demand for high-performance electronics, growth of the automotive and industrial automation markets, and rising adoption of cloud computing and big data analytics in the semiconductor industry.A more than 150-page report to understand trends, opportunity and forecast in semiconductor timing IC market to 2030 by product (clock generators, multiple output clock generators, synthesizers, jitter attenuators, and real time clock), application (consumer electronics, network & telecom, automotive, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that clock generators is expected to witness the highest growth over the forecast period.
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APAC is expected to witness highest growth over the forecast period due to rise in investments in renewable energy and automobiles (EVs in particular), as well as, expansion of semiconductor packaging manufacturers in the region.
IDT, Microsemi, Texas Instruments, Silicon Labs, Maximum Integrated, Cypress, Torex, ROHM, Renesas Electronics, ON are the major suppliers in the semiconductor timing IC market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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