Global MEMS Oscillators Strategic Business Report 2023: Market to Reach $5.4 Billion by 2030 - U.S. Market is Estimated at $62.4 Million, While China is Forecast to Grow at 48.2% CAGR
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Dublin, Oct. 17, 2023 (GLOBE NEWSWIRE) -- The "MEMS Oscillators - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global MEMS Oscillators Market to Reach $5.4 Billion by 2030

The global market for MEMS Oscillators estimated at US$371.8 Million in the year 2022, is projected to reach a revised size of US$5.4 Billion by 2030, growing at a CAGR of 39.6% over the analysis period 2022-2030.

Surface-Mount Device Package, one of the segments analyzed in the report, is projected to record 36.2% CAGR and reach US$3.1 Billion by the end of the analysis period. Growth in the Chip-Scale Package segment is estimated at 46.1% CAGR for the next 8-year period.

The U.S. Market is Estimated at $62.4 Million, While China is Forecast to Grow at 48.2% CAGR

The MEMS Oscillators market in the U.S. is estimated at US$62.4 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$2.2 Billion by the year 2030 trailing a CAGR of 48.2% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 29.9% and 33.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 30.7% CAGR.

What`s New?

  • Special discussions on the global economic climate and market sentiment

  • Coverage on global competitiveness and key competitor percentage market shares

  • Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial

  • Online interactive peer-to-peer collaborative bespoke updates

  • Access to digital archives and research platform

  • Complimentary updates for one year

  • Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes

MARKET OVERVIEW

  • Impact of COVID-19 Pandemic and Looming Global Recession

  • 2020: A Year of Disruption & Transformation

  • As the Race between the Virus & Vaccines Intensifies, Where is the World Economy Headed?

  • World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022

  • Industrial Activity Remains Subdued, Inducing Weakness into MEMS Market

  • Global PMI Index Points for the Years 2018, 2019 & 2020

  • COVID-19 Impact on the MEMS Market

  • Competition

  • MEMS Oscillators - Global Key Competitors Percentage Market Share in 2022 (E)

  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

  • An Introduction to MEMS Oscillators

  • Global Market Prospects & Outlook

  • SPMOs: The Largest Segment in MEMS Oscillators Market by General Circuitry

  • Automotive and Consumer Electronics: Major End-Use Markets for MEMS Oscillators

  • Developing Regions to Spearhead Future Growth

  • Recent Market Activity