PUBLISHER: The Business Research Company | PRODUCT CODE: 1425325
PUBLISHER: The Business Research Company | PRODUCT CODE: 1425325
Clock Buffer Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on clock buffer market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for clock buffer? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The clock buffer market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
Clock buffers are integrated circuits designed to generate periodic signals for gap generation in electronic devices. The performance of clock buffers is characterized by minimal additive jitter, low output skew, and a wide operating temperature range.
The main types of clock buffers include differential clock buffers, single-ended clock buffers, universal types, and others. Differential output buffers are particularly critical for differential clock inputs, specifying key input level characteristics like the differential input voltage peak to peak or VICM (common mode voltage). The common mode voltage sets the voltage threshold between logic zero and logic one. These clock buffers find application across various industries, including military and defense, industrial settings, consumer electronics, and IT and telecommunication sectors, among others.
The clock buffer market research report is one of a series of new reports from The Business Research Company that provides, clock buffer market statistics, including, clock buffer industry global market size, regional shares, competitors with a clock buffer market share, detailed, clock buffer market segments, market trends and opportunities, and any further data you may need to thrive in the clock buffer industry. This, clock buffer market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The clock buffer market size has grown strongly in recent years. It will grow from $2.3 billion in 2023 to $2.52 billion in 2024 at a compound annual growth rate (CAGR) of 9.3%. The growth observed in the historical period can be attributed to various factors, including the increased demand for consumer electronics, the rise of automation in industries, the development of telecommunication infrastructure, the expansion of computing and data centers, and overall trends in the global semiconductor industry. These factors collectively contributed to the expansion witnessed during that timeframe.
The clock buffer market size is expected to see strong growth in the next few years. It will grow to $3.55 billion in 2028 at a compound annual growth rate (CAGR) of 9.0%. The anticipated growth in the forecast period can be attributed to several factors, including the growth of the Internet of Things (IoT), the increasing importance of automotive electronics, the adoption of edge computing, rising demand for high-performance computing, and advancements in semiconductor manufacturing. Major trends expected in the forecast period encompass continuous technology advancements, the development of high-performance solutions, the integration of features in semiconductor devices, the rise of IoT and edge computing applications, and a focus on power efficiency and low-noise design. These trends collectively contribute to the projected growth in the upcoming period.
The growth of the clock buffer market is anticipated to be driven by the increasing adoption of smartphone devices. Smartphones, integrating cellular telephony with computer functionalities, have witnessed a surge in usage. Clock buffers, integral in generating periodic signals for gap generation in electronic devices like smartphones, are experiencing heightened demand. According to a report by Uswitch Limited in February 2023, active mobile connections reached 71.8 million in 2022, indicating a 3.8% increase from 2021. The projected rise in smartphone users, with an estimated 95% smartphone penetration among the UK's 68.3 million population by 2025, contributes to the growth of the clock buffer market.
The clock buffer market is expected to receive a significant boost from the increasing number of Internet of Things (IoT)-linked devices. IoT-linked devices, characterized by wireless connectivity and data transmission capabilities, necessitate clock buffer solutions for seamless operation within interconnected IoT ecosystems. In November 2022, Ericsson reported that broadband IoT (4G/5G) connections reached 1.3 billion in 2022, with an anticipated 60% of cellular IoT connections being broadband IoT by the end of 2028. The growing adoption of IoT-linked devices, particularly in North East Asia, is driving the demand for clock buffers.
A key trend in the clock buffer market is the emphasis on product innovations. Major market players are actively engaged in developing innovative clock buffers, including low-jitter clock buffers and those adhering to PCIe Gen6 specifications. Renesas Electronics Corporation, in April 2022, introduced clock buffers and multiplexers meeting PCIe Gen6 specifications, supporting PCIe Gen5 implementations and providing a comprehensive PCIe Gen6 timing solution for various applications. This focus on innovation ensures sustained market relevance and competitiveness.
Furthermore, major companies in the clock buffer market are investing in product development, introducing advanced solutions such as clock drivers to cater to a broader customer base and boost sales. Renesas Electronics Corporation, in June 2023, launched the Gen 3 RCD, featuring DDR5 memory interfaces for dual inline memory modules (DIMMs), motherboards, and embedded applications. The DDR5 RCD and DDR5 CKD ICs offer significant speed enhancements, reaching up to 7200 mega transfers per second (MT/s), showcasing Renesas' commitment to innovation in clock buffer technology.
In July 2021, Skyworks Solutions Inc. acquired Silicon Laboratories Inc. for $2.75 billion. This strategic acquisition enhances Skyworks' connectivity portfolio by incorporating Silicon Labs' power or isolation, timing, and broadcast product lines, reinforcing their position in the clock buffer market.
Major companies operating in the clock buffer market report are Semiconductor Components Industries LLC, Renesas Electronics Corporation, Infineon Technologies AG, Skyworks Solutions Inc., Texas Instruments Incorporated, Diodes Incorporated, Analog Devices Inc., Microchip Technology Inc., Lattice Semiconductor Corp., NXP Semiconductors Corp., Advanced Analog Technologies Inc., Spectralinear Inc., PulseCore Semiconductor Inc., PhaseLink Corporation, ON Semiconductor Corp., STMicroelectronics NV, Cypress Semiconductor Corporation, East Crystal Electronic Co. Ltd., Delta Electronics Inc., Asahi Kasei Corporation, Aker Technology Co., Silicon Laboratories Inc., Toshiba Corp., Teledyne e2v Co., Intel Corp., Global Mixed-mode Technology Inc., Integrated Device Technology Inc., Maxim Integrated Inc., ROHM Co. Ltd., Semtech Corporation, Silego Technology Inc., TDK Corporation, Teridian Semiconductor Corporation, TriQuint Semiconductor Inc., Zarlink Semiconductor Inc., and ZMD AG.
North America was the largest region in the clock buffer market share in 2023. The regions covered in the clock buffer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the clock buffer market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The clock buffer market consists of sales of filter fast bridge rectifiers, and configurable buffers. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.