A comprehensive study on Timing Devices Market

Date7/1/2020 4:06:43 AM

The global timing devices market is expected to grow at a CAGR of 6.84% over the forecast period to reach a total market size of US$7.694 billion by 2025, increasing
from US$5.173 billion in 2019. Timing Device Market size is anticipated to witness growth during the forecast period owing to an increase in demand across applications
such as healthcare and medical equipment. Crystal units are used in life-sustaining and implantable devices such as pacemakers. Oscillators are used in non-implantable
and non-life sustaining gadgets.Increasing adoption of advanced automotive electronics and growing demand for mobile gadgets are expected to drive the timing device
market growth. The adoption of smart grid technology will increase owing to the growing use of time-sensitive smart meters for grid frequency management.
Timing Devices Market has been segmented on the basis of By Type, By Application, and By geography.

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