MEMS Oscillator Companies - SiTime Corporation (U.S.) and Microchip Technology Inc. (U.S.) are the Key Players
MEMS oscillators have been commercially available for about a decade; over the period, MEMS timing technology has undergone many innovations and performance improvements such as improved frequency stability, improved phase jitter, and improved Allan deviation. The market outlook for MEMS oscillators has been positive owing to their inherent advantages such as small size, low cost, high resistance to shock and vibration, reliability, short lead times, and high performance. The MEMS oscillator market is expected to be valued at USD 802.8 Million by 2022, growing at a CAGR of 46.08% between 2017 and 2022
New product launches; and partnerships, agreements, and collaborations were the major growth strategies adopted by the companies in the MEMS oscillator market to uphold their positions in the market and ensure long-term growth and success. This enabled the companies to efficiently cater to the growing demand for MEMS oscillators from the end users and expand their global presence by offering their products in all the major geographies.
Major MEMS Oscillator Companies Include:
- SiTime Corporation (U.S.),
- Microchip Technology Inc. (U.S.),
- Vectron International, Inc. (U.S.), and
- Abracon Holdings, LLC (U.S.) are the leading players in the MEMS oscillator market.
SiTime Corporation (U.S.), a wholly owned subsidiary of MegaChips Corporation (Japan), offers a broad product portfolio of MEMS oscillators, clock generators, and resonators. The company has a strong market presence in almost all the markets and well-balanced revenue generation from all its business segments. Its strong technical expertise in MEMS technology, analog CMOS circuit design and development, and cost-effective assembly and test collectively makes it the leader in the MEMS oscillator market. SiTime adopted new product launches, and partnerships and agreements as its key business strategies to uphold its position in the market. For instance, in October 2016, the company launched an innovative Elite Platform encompassing Super-TCMOs and oscillators to solve the long-standing timing problems in telecommunications and networking equipment.
Microchip Technology, Inc. is a leading provider of microcontrollers and analog semiconductors. The company has a strong market position in microcontrollers, analog, interface, mixed-signal, and timing products. This strong position of the company in various markets provides it a competitive advantage. In the MEMS oscillator market, the company adopted product developments and acquisitions as its key business strategies to increase its share in the market. For instance, in September 2016, the company developed the industry’s smallest MEMS MHz oscillator with the lowest power consumption over a full frequency range of 2kHz–100MHz for growing applications such as wearables and Internet of Things devices in which small size, low power consumption, and long-term reliability are critical.
Related Reports:
MEMS Oscillator Market by Packaging Type (Surface-Mount Device Package and Chip-Scale Package), Band (MHz and kHz), General Circuitry (SPMO, TCMO, VCMO, FSMO, DCMO, and SSMO), Application, and Geography - Global Forecast to 2022
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