Global VCO Oscillators Market Overview
Global VCO Oscillators Market Size was valued at USD 0.815 Billion in 2022. The VCO Oscillators market industry is projected to grow from USD 0.835 Billion in 2023 to USD 1.017 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 2.50% during the forecast period (2024 - 2032). Increased demand for high-performance electronic devices, rising growth of consumer electronics, and advancement in wireless communication tools are the key market drivers enhancing the market growth.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
VCO Oscillators Market Trends
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Growing demand for high-performance electronic devices is driving the market growth
Market CAGR for VCO Oscillators is driven by the rising demand for high-performance electronic devices. Electronic devices known as VCOs (Voltage Controlled Oscillators) are employed in a wider range of industries, such as telecommunication, consumer electronics, military and aerospace, and wireless communication. These devices are perfect for frequency modulation and tuning applications since they produce a waveform whose frequency can be adjusted by an input voltage.
Additionally, cell phones and mobile radios use voltage-regulated oscillators to generate frequencies. The output of a precise reference oscillator is multiplied by the incoming signal to achieve this. Voltage-regulated oscillators are, therefore, in more demand since they generate the exact clock signals required for many applications, such as GPS and cellular telephony. VCOs also generate the LO signal used in satellite communications. It is required in order to amplify using a power amplifier and up-convert its frequency by combining it with an RF carrier. Moreover, test equipment uses voltage-controlled oscillators (VCOs), which generate high-quality signals. Voltage-controlled oscillators are becoming more and more popular because of their ability to generate a precise and stable output frequency that is often required for testing communication devices such as transmitters and receivers in real-world scenarios.
The consumer electronics sector's growing demand is anticipated to partially assist the global market's expansion due to its advantages, which include small size, high-temperature resistance, false signal prevention, and variable bandwidth. The ability of VCOs to produce variable frequency oscillations with varying input voltage is also anticipated to have a positive impact on the growth of the global market. It is leading to an increase in demand for voltage-controlled oscillators for a range of applications in sectors like networking and the military. As a result, it is anticipated that throughout the projection period, penetration for VCO oscillators will increase due to the rising demand for high-performance electronic devices. Thus, driving the VCO Oscillators' market revenue.
VCO Oscillators Market Segment Insights:
VCO Oscillators Type Insights
The Global VCO Oscillators Market segmentation, based on type, includes quartz oscillators and silicon oscillators. The quartz oscillators segment dominated the market, accounting for the maximum of market revenue due to its specifications to provide steady and precise frequencies. They are frequently found in electronic gadgets like watches and clocks and are incredibly accurate.
VCO Oscillators Application Insights
The Global VCO Oscillators Market segmentation, based on application, includes Consumer Electronics, Telecom Infrastructure, Military & Space, Test & Measurement, And Others. The telecom infrastructure category generated the most income due to its essential components of satellite communication systems and base station transceivers. These oscillators are used in radar systems, satellites, and navigational devices by the military and space industry. Additionally, VCOs are widely employed in the manufacturing of networking electronics, including GPS tracking systems and satellite receivers. In general, telecommunications electronics are made using voltage-controlled frequency oscillators in the 8-14 GHz range. The market is expected to increase as a result of the quickly evolving business environment and the rising demand for smart telecommunication devices, including mobile phones, walkie-talkies, radio receivers, and radio phones.
Figure 1: Global VCO Oscillators Market, by Application, 2022 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
VCO Oscillators Regional Insights
By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North American VCO Oscillators market area will dominate this market, owing to an rise in the range of communication devices and systems. In addition, the growing wireless communication and rising number of satellite launches will boost market growth in this region.
Further, the major countries studied in the market report are The US, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: GLOBAL VCO OSCILLATORS MARKET SHARE BY REGION 2022 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe's VCO oscillators market accounts for the second-largest market share due to the increasing LTE network usage and government initiatives. Further, the German VCO Oscillators market held the largest market share, and the UK VCO Oscillators market was the fastest-growing market in the European region.
The Asia-Pacific VCO Oscillators Market is expected to grow at the fastest CAGR from 2023 to 2032 due to the rising level of production of electronic devices. Moreover, China's VCO Oscillators market held the largest market share, and the Indian VCO Oscillators market was the fastest-growing market in the Asia-Pacific region.
VCO Oscillators Key Market Players & Competitive Insights
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the VCO Oscillators market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, VCO Oscillators industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global VCO Oscillators industry to benefit clients and increase the market sector. In recent years, the VCO Oscillators industry has offered some of the most significant advantages to consumers. Major players in the VCO Oscillators market, including New Chengshi, Electronic, Seiko Epson Corp., Silicon Labs, Fox Enterprises, Interquip, SiTime, Fronter Electronics, Analog Devices, KYOCERA Crystal Device, Z-Communications, MACOM, Crystek, MARUWA, Semtech, TXC, FUJITSU, KDS Daishinku, and others, are attempting to increase market demand by investing in research and development operations.
The Kyocera Corporation is a multinational ceramics and electronics firm based in Kyoto, Japan. The company was established in 1959 by Kazuo Inamori under the name Kyoto Ceramic Company, Limited, and it changed its name in 1982. It produces cutting tools, semiconductor packages, telecommunications equipment, office document imaging equipment, industrial ceramics, solar power-producing systems, electronic components, and parts for dental and medical implant systems. Kyocera wants to improve the world by leveraging technology to address problems that global society faces. The company's goal is based on its Kyocera Management Rationale, which is to make a positive impact on society and humanity. Thanks to vast knowledge, Kyocera is able to combine the entire spectrum of processes within a given product line, from research and production to sales and shipping. Effective resource management creates group-wide synergies that result in products with higher functionality, performance, and value. In July 2023, the new KOV Series standard voltage-controlled OCXOs from KYOCERA AVX use cutting-edge layout topologies and sturdy designs to deliver exceptional performance in these and other applications. Customers can achieve a very stable frequency using a sinewave or a superstable timing source like CMOS clock output.
The precise timing company is called SiTime. With a broad feature set provided by its programmable solutions, clients can set their products apart with greater performance, reduced size, reduced power consumption, and improved dependability. The team of investors at SiTime is committed to upending the 70-year-old quartz timing industry and is unrelenting in their efforts. The company's goal is very clear: the company wants to create solutions that maximize client value by utilizing silicon's advantages. Numerous global brands that ensure its safety and connectivity, from the home's earthquake detection system to the smartphone in its pocket, employ SiTime precision timing devices. Future technologies will still rely heavily on timing, which will enable new sectors like autonomous driving to underpin 5G network synchronization and allow the Internet of Things to reach its full potential. In September 2023, the SiTime Epoch Platform TM was launched. It is intended to upend century-old quartz-based technology and address the trickiest timing problems in electronics. With the help of the SiTime Epoch Platform, a MEMS-based oven-controlled oscillator (OCXO), data center and network infrastructure equipment can receive an ultra-stable clock, potentially opening up a $2 billion services addressable market (SAM) for the next ten years.
Key Companies in the VCO Oscillators market include
- New Chengshi
- Electronic, Seiko Epson Corp.
- Silicon Labs
- Fox Enterprises
- Interquip
- SiTime
- Fronter Electronics
- Analog Devices
- KYOCERA Crystal Device
- Z-Communications
- MACOM
- Crystek
- MARUWA
- Sentech
- TXC
- FUJITSU
- KDS Daishinku
VCO Oscillators Industry Developments
October 2023: Kyocera AVX, a multinational producer of sophisticated electronic components, intended to erect a production building spanning roughly 50,000 square feet. The building would house a new subsidiary formed by Kyonera's accusation of Bliley Technologies, as well as its corporate headquarters and manufacturing base; this Erie, Pennsylvania-based business produces low-noise frequency-control systems and crystal oscillators for commercial satellite, military, and aerospace sectors.
December 2022: Qualcomm introduced the FatsConnect 7800. It is expected to be the first public Wi-Fi solution in history. The three main segments of the solution are operator gateways, home mesh network products, and corporate level.
February 2022: The US-based producer of radio frequency circuits, Peregrine Semiconductor, said that it had increased the range of millimeter wave radio frequency front ends it offers for 5G wireless infrastructure. A full 5G millimeter wave radio frequency front and solutions are currently available.
VCO Oscillators Market Segmentation
VCO Oscillators Type Outlook
- Quartz Oscillators
- Silicon Oscillators
VCO Oscillators Application Outlook
- Consumer Electronics
- Telecom Infrastructure
- Military & Space
- Test & Measurement
- Other
VCO Oscillators Regional Outlook
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Australia
- Rest of Asia-Pacific
- Rest of the World
- Middle East
- Africa
- Latin America
Report Attribute/Metric |
Details |
Market Size 2022 |
USD 0.815 Billion |
Market Size 2023 |
USD 0.835 Billion |
Market Size 2032 |
USD 1.017 Billion |
Compound Annual Growth Rate (CAGR) |
2.50% (2024-2032) |
Base Year |
2023 |
Market Forecast Period |
2024-2032 |
Historical Data |
2018- 2022 |
Market Forecast Units |
Value (USD Billion) |
Report Coverage |
Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
Segments Covered |
Type, Application, and Region |
Geographies Covered |
North America, Europe, Asia Pacific, and the Rest of the World |
Countries Covered |
The US, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
Key Companies Profiled |
ย New Chengshi, Electronic, Seiko Epson Corp., Silicon Labs, Fox Enterprises, Interquip, SiTime, Fronter Electronics, Analog Devices, KYOCERA Crystal Device, Z-Communications, MACOM, Crystek, MARUWA, Semtech, TXC, FUJITSU, KDS Daishinku |
Key Market Opportunities |
ยทย ย ย ย ย ย Rising adoption of IoT devices |
Key Market Dynamics |
ยทย ย ย ย ย ย Increased demand for high-performance electronic devices ยทย ย ย ย ย ย Rising usage of wireless technology |
Frequently Asked Questions (FAQ) :
The Global VCO Oscillators Market size was valued at USD 0.815 Billion in 2022.
The global market is projected to grow at a CAGR of 2.50% during the forecast period, 2024-2032.
North America had the largest share of the global market
The key players in the market are New Chengshi, Electronic, Seiko Epson Corp., Silicon Labs, Fox Enterprises, Interquip, SiTime, Fronter Electronics, Analog Devices, KYOCERA Crystal Device, Z-Communication, MACOM, Crystek, MARUWA, Semtech, TXC, FUJITSU, KDS Daishinku.
The quartz oscillators category dominated the market in 2022.
The telecom infrastructure had the largest share of the global market.