2012 timing devices report - market likely to be worth $3 billion by 2016

DUBLIN, IRELAND: Research and Markets has announced the addition of the "2012 Timing Devices Report" report to its offering. Clock generation and clock distribution as well as new technology including MEMs are an important market as more advanced circuits are being used for higher processing performance.

Timing Devices play a crucial role in electronics and provide the required circuitry to allow microprocessors, memory modules, and networks to run efficiently. They are used to generate a clock signal, align with a reference signal, and distribute that signal synchronizing components in the design. These devices are classified under logic.

The crystal oscillator market constitutes 68 percent of overall timing devices revenue while integrated circuits make up 32 percent. While the clock distribution market remains a large contributor to integrated circuit revenue, new clock generation ICs are driving overall growth as these devices continue to penetrate into the crystal clock market, replacing these traditional solutions with higher efficiency circuitry.

Great strides have been made in CMOS, PLL, and MEMS devices, such that they have been able to replace crystal devices entirely for many electronic timing functions. They have been able to equal crystal oscillators in accuracy and stability for some applications. Aside from those characteristics, remaining issues include the need to lower power efficiency and excessive noise and jitter as compared to quartz devices.

The clock generation and distribution (Timing ICs) market grows mostly due to demand from the communications, computing, and consumer electronics segments. This market currently ships around 1 billion units annually, with a resulting market value of $1.7 billion. Databeans expects a market worth $3 billion by 2016, assuming a yearly growth rate of 11 percent on average.