Oven-Controlled Crystal Oscillator (OCXO) Market

Oven-Controlled Crystal Oscillator (OCXO) Companies -NIHON DEMPA KOGYO CO., LTD. (Japan) and TXC Corporation (Taiwan) are the Key Players

The oven-controlled crystal oscillator (OCXO) market is projected to grow from USD 464 million in 2023 to USD 528 million by 2028; it is expected to grow at a CAGR of 2.6% from 2023 to 2028. The growth of the market can be attributed to the expanding telecommunications industry and the widening application scope of OCXOs. Increasing use of crystal oscillators in the deployment of 5G networks.

Major Oven-Controlled Crystal Oscillator (OCXO) companies include: 

  • Seiko Epson Corporation (Japan),
  • NIHON DEMPA KOGYO CO., LTD. (Japan),
  • TXC Corporation (Taiwan),
  • Daishinku Corp. (Japan),
  • Microchip Technology Inc. (US),
  • SiTime Corporation (US),
  • Rakon Limited. (New Zealand),
  • Abracon (US),
  • Mercury Electronic Ind. Co., Ltd. (Taiwan),
  • Greenray Industries, Inc. (US),
  • MTI-Milliren Technologies, Inc. (US),
  • QVS Tech, Inc. (US),
  • Bliley Technologies, Inc. (US),
  • CTS Corporation (US),
  • Micro Crystal AG (Switzerland),
  • MtronPTI (US),
  • IQD Frequency Products (UK),
  • Raltron Electronics (US),
  • ECS Inc. (US), and
  • AXTAL GmbH (Germany), are some of the key players in the oven-controlled crystal oscillator (OCXO) market.

Product launches and developments have been the most dominating strategy adopted by the key players from 2020 to 2023 to help them broaden their customer base.

To know about the assumptions considered for the study download the pdf brochure

Nihon Dempa Kogyo Co., Ltd.

NIHON DEMPA KOGYO CO., LTD. is one of the largest quartz crystal companies. The company manufactures and supplies highly accurate and reliable crystal products using advanced technology and thorough quality control. It is solely involved in both the manufacture and sale of quartz crystal units, crystal devices, ultrasonic transducers, and synthetic quartz crystals, and there are no separate operating segments related to OCXOs.

The crystal devices portfolio of NIHON includes crystal units, crystal oscillators, and crystal filters, which are mainly designed for applications across the automotive and mobile communications industries. The company operates in Asia Pacific, Europe, and North America.

The company has global operations; however, it has a strong foothold in the Asia Pacific region, from where it earned 59% of its total revenue in 2022. NIHON earned the remaining revenue from North America, Europe, and other regions. Its closest competitors are Seiko Epson Corporation (Japan) and TXC Corporation (Taiwan). NIHON DEMPA KOGYO CO., LTD. offers a wide range of products and services for the OCXO market. In addition, the company acquired new production lines for crystal units, crystal oscillators, and crystal devices.

TXC Corporation

TXC Corporation is involved in the research, design, manufacture, and supply of dual-inline-package (DIP) and surface mount device (SMD) quartz crystal and oscillator products. The company operates through 2 segments, namely, Crystal Segment and Real Estate Development Segment. The product portfolio of the company includes crystals, oscillators, VCXO, TCXO, and OCXO. The company offers 32.768 KHz, basic MHz, high accuracy MHz, and automotive-grade crystal products. The oscillator product portfolio of the company includes 32.768 KHz, CMOS, silicon MEMS, differential output, SAW, and automotive-grade oscillators. The OCXO product includes CMOS crystal oscillators.

It is the only Taiwan-based company in the global OCXO market that ranks among the global top 5 companies. TXC Corporation offers a wide range of products and services for the OCXO market. The production facilities of the company are located in Taiwan and China, which helps it achieve economies of scale—one of the prime determinants of competitiveness. Moreover, the company caters to a diverse range of end markets, such as wearable devices, IoT, servers, storage, medical devices, telecommunications, automotive, and mobile communication, compared to its competitors, who only cater to specific markets. This provides a competitive advantage to the company in terms of financial stability.

Daishinku Corp.

Daishinku Corp. manufactures and markets crystal units, communication equipment, and electronic components. The company offers high-precision crystal oscillators, oven-controlled crystal oscillators, voltage-controlled crystal oscillators, and crystal oscillators for automotive.

The products offered by the company can be used in a wide range of applications, including wearable devices, smartphones/mobile phones, IoT/M2M, wireless communication, network, automotive electronics, information communication equipment, audio & visual equipment, gaming equipment, and FA equipment. Daishinku (America) Corp. (US), Daishinku (Singapore) Pte. Ltd. (Singapore), Daishin Kosan Corp. (Japan), and Daishinku (DEUTSCHLAND) GmbH (Germany) are some of the subsidiaries of the company.

Daishinku Corp. offers a wide range of products and services for the oscillator market. Also, the research and development expenditure of the company is increasing year on year—the company earned the majority of its revenues from the Asia Pacific region in 2022.

Seiko Epson Corporation

Seiko Epson Corporation is a Japanese electronics company that manufactures computer printers and information- and imaging-related equipment. The company operates through 3 segments, namely, Printing Solutions, Visual Communications, and Manufacturing-related & Wearables. The Printing Solutions business segment is involved in the business of printers, professional printing, and others, such as PCs. The Visual Communications business segment offers smart glasses and 3LCD projectors, mainly for businesses, educational institutions, homes, and events. The Manufacturing-related & Wearables business segment offers wearable products, robotics solutions, microdevices, and others under subsegments of the same name.

The company provides quartz devices through its Microdevices and Other business subsegment under the Manufacturing-related & Wearables business segment. Its portfolio of quartz devices includes crystal oscillators, crystal units, quartz sensors, and others. Epson offers advanced OCXOs that maximize the advantage of the SC-cut crystal unit to meet the consumer’s requirements.

Microchip Technology Inc.

Microchip Technology Inc. provides smart, connected, and secure embedded control solutions. The company operates through 3 segments, namely, Microcontrollers, Analog, and Other. The company offers products under categories such as microcontrollers and microprocessors, clock and timing, data converters, embedded controllers and super I/O, foundry services, FPGAs and PLDs, interface and connectivity, LED drivers and backlighting, power management, power over ethernet, security ICs, sensors, smart energy/metering, storage solutions, synchronization, and timing systems, and wireless connectivity.

The company offers a wide range of OCXO through the clock and timing product categories. The OCXO offered by the company finds applications in military, industrial, and commercial verticals. The company provides oscillators through its subsidiary Vectron International, Inc.

Related Reports:

Oven-Controlled Crystal Oscillator (OCXO) Market by Type, Mounting Scheme (Surface Mount, Through-hole), Application (Consumer Electronics, Telecom & Networking, military & aerospace, Industrial, Automotive, Medical) and Region - Global Forecast to 2028

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Oven-Controlled Crystal Oscillator (OCXO) Market Size,  Share & Growth Report
Report Code
SE 8687
RI Published ON
6/14/2023
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