Oscillator Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Type (Crystal Oscillator, SAW Oscillator, MEMS Oscillator, Voltage Controlled Oscillator), By Application (Consumer Electronics, Semiconductor, Telecommunication Equipment, Medical Equipment, Others), And By Geography - Forecasts From 2023 To 2028

  • Published : Jan 2024
  • Report Code : KSI061615229
  • Pages : 144

The global oscillator market was valued at US$4.757 billion in 2021.

An oscillator is a mechanical or electronic device that operates on the principle of oscillation, which is the regular energy fluctuation between two entities. Many types of technology use oscillators, including computers, clocks, watches, radios, and metal detectors. Crystal oscillators are frequently used in safety applications, including braking control, anti-blocking systems, airbags, and tire pressure monitoring systems (TPMS). The desire for precision is driving the adoption of crystal units and oscillators, as well as expanding requirements, better standards for safety applications, and the need for fast data transmission. The adoption of WiFi and Bluetooth combination chipsets in smartphone applications has raised the demand for oscillators. The growing support for various consumer product applications is likely to boost the oscillator market growth during the forecast period rapidly.

The growing application in consumer electronics is boosting the market growth.

The consumer electronics sector makes a major contribution to the market growth of the oscillator market. The market for oscillators is anticipated to be stimulated by the frequently growing application of oscillators in several consumer electronic products. Cable television systems, personal computers, digital cameras, radios, cell phones, and wearable technology are just a few devices that utilize oscillators. The oscillator has high-frequency stability, high-quality resonance, and low-temperature drift; it powers most wireless communication features in a smartphone, including cellular, WiFi, FM, Bluetooth, and GPS. The rising consumer electronic production and smartphone adoptions will boost oscillator market growth. According to World Bank projections, there had been 6.3 billion smartphone subscribers by the end of 2021, making up almost 77% of all mobile phone subscriptions, and by 2027. In December 2022, according to an Indian Brand Equity Foundation IBEF research, the Indian appliances and consumer electronics market, which was valued at US$ 9.84 billion in 2021, is anticipated to more than double to reach US$ 21.18 billion (Rs. 1.48 lakh crore) by 2025. In December 2022, TCL Group declared it would begin producing TV display panels and phones in Andhra Pradesh. The business intends to hire 1,000 people. This development was consistent with the business's goal to spend US$219 million on local display module production. This growing consumer electronics development is anticipated to boost the oscillator market growth.

The increasing investments in the semiconductor sector are accelerating the demand for oscillator solutions. 

A sinusoidal oscillator, often known as an oscillator, is a semiconductor electronic circuit that converts input energy from a DC source into AC output energy with a periodic waveform at a specified frequency. The growing production and sales of semiconductors will boost the oscillator market growth. For instance, in February 2022, India announced partnerships from companies like Vedanta with Foxconn, ISMC, and the Singapore-based IGSS venture totaling USD 20 billion. In May 2021, the Semiconductor Industry Association (SIA) forecasted that global semiconductor sector sales were USD 43.6 billion, an increase of 26.2% over USD 4.6 billion in May 2020 and a 4.1% increase over April 2021's total. Furthermore, income from semiconductor equipment increased by 21.7% from April 2020 to USD 34.4 billion and by 1.9% from March 2021 to USD 41.0 billion in April 2021.? The output will increase along with the semiconductor equipment sales, fueling the expansion of the oscillator market growth.

The Asia Pacific region will remain the dominant market throughout the forecast period. 

Asia Pacific is the major market for oscillators. China, Taiwan, and South Korea have emerged as major manufacturers of advanced semiconductors. In April 2022, Teradyne Inc., a major supplier of automated test equipment and a leading Chinese maker of microcontroller units (MCUs) and security integrated circuit (IC) chips, received the 7,000th unit of Teradyne Inc.'s J750 semiconductor test platform, the company said. The Indian semiconductors market, according to PIB, was estimated at USD 15 billion in 2020 and is expected to reach USD 63 billion by 2026. The South Korean region and other significant foundry hubs are witnessing increasing investments with favorable incentives. In May 2021, the Ministry of Trade, Industry, and Energy of South Korea estimated that chip shipments will double to USD 200 billion by 2030. These developments and the production rise in semiconductors will boost the oscillator market growth in the Asia Pacific region during the forecasted period.

Market Developments:

  • In July 2022, Schlappi Engineering introduced a novel, sophisticated three-body oscillator. The FPGA-based triple oscillator is a digital oscillator with separate sine, triangle, sawtooth, and square wave outputs and volts/octave, phase, and frequency modulation inputs and modulation index inputs for a whopping total of 16 outputs.
  • In December 2019, Rakon released the smallest OCXO (Oven Controlled Crystal (Xtal)) Oscillator in the world to fulfill the demanding standards of 5G Remote Radio Head (RRH), tiny cell, optical network, and microwave transmission system applications.

Oscillator Market Scope:


Report Metric Details
Market Size Value in 2021
US$4.757 billion
Growth Rate CAGR during the forecast period
Base Year 2021
Forecast Period 2023 – 2028
Forecast Unit (Value) USD Billion
Segments Covered Type, Application, and Geography
Regions Covered North America, South America, Europe, Middle East and Africa, Asia Pacific
Companies Covered Murata Manufacturing Co. Ltd, Seiko Epson Corporation, Kyocera Corporation, Rakon Limited, Tai-Saw Technology Co Ltd, Atlantic Microwave (ETL System), Morion US, Abracon, CTS Corporation, Vectron International (Microchip Technologies)
Customization Scope Free report customization with purchase


Market Segmentation:

  • By Type
    • Crystal Oscillator
    • SAW Oscillator
    • MEMS Oscillator
    • Voltage Controlled Oscillator
  • By Application
    • Consumer Electronics
    • Semiconductor
    • Telecommunication Equipment
    • Medical Equipment
    • Others
  • By Geography
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      •  Brazil
      • Argentina
      • Others
    • Europe
      • Germany
      • UK
      • France
      • Spain
      • Others
    • Middle East and Africa
      • Saudi Arabia
      • UAE
      • Others
    • Asia Pacific
      • China
      • Japan
      • South Korea
      • India
      • Australia
      • Others

Frequently Asked Questions (FAQs)

Oscillator Market was valued at US$4.757 billion in 2021.
Prominent key market players in the oscillator market include Murata Manufacturing Co. Ltd, Seiko Epson Corporation, Kyocera Corporation, Rakon Limited, and Tai-Saw Technology Co Ltd, among others.
The oscillator market has been segmented by type, application, and geography.
The consumer electronics sector makes a major contribution to the oscillator market growth.
The Asia-pacific region is expected to dominate the oscillator market.


1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline


2.1. Research Data

2.2. Research Process


3.1. Research Highlights


4.1. Market Drivers

4.2. Market Restraints

4.3. Market Opportunities

4.4. Porter’s Five Force Analysis

4.4.1. Bargaining Power of Suppliers

4.4.2. Bargaining Power of Buyers

4.4.3. Threat of New Entrants

4.4.4. Threat of Substitutes

4.4.5. Competitive Rivalry in the Industry

4.5. Industry Value Chain Analysis


5.1. Introduction

5.2. Crystal Oscillator

5.3. SAW Oscillator

5.4. MEMS Oscillator

5.5. Voltage Controlled Oscillator


6.1. Introduction

6.2. Consumer Electronics

6.3. Semiconductor

6.4. Telecommunication Equipment

6.5. Medical Equipment

6.6. Others


7.1. Introduction

7.2. North America

7.2.1. USA

7.2.2. Canada

7.2.3. Mexico

7.3. South America

7.3.1.  Brazil

7.3.2. Argentina

7.3.3. Others

7.4. Europe

7.4.1. Germany

7.4.2. UK

7.4.3. France

7.4.4. Spain

7.4.5. Others

7.5. Middle East and Africa

7.5.1. Saudi Arabia

7.5.2. UAE

7.5.3. Others

7.6. Asia Pacific

7.6.1. China

7.6.2. Japan

7.6.3. South Korea

7.6.4. India

7.6.5. Australia

7.6.6. Others


8.1. Major Players and Strategy Analysis

8.2. Emerging Players and Market Lucrativeness

8.3. Mergers, Acquisitions, Agreements, and Collaborations

8.4. Vendor Competitiveness Matrix


9.1. Murata Manufacturing Co. Ltd

9.2. Seiko Epson Corporation

9.3. Kyocera Corporation

9.4. Rakon Limited

9.5. Tai-Saw Technology Co Ltd

9.6. Atlantic Microwave (ETL System)

9.7. Morion US

9.8. Abracon

9.9. CTS Corporation

9.10. Vectron International (Microchip Technologies)

Murata Manufacturing Co. Ltd

Seiko Epson Corporation

Kyocera Corporation

Rakon Limited

Tai-Saw Technology Co Ltd

Atlantic Microwave (ETL System)

Morion US


CTS Corporation

Vectron International (Microchip Technologies)