Miniature Quartz Crystal Market
Miniature Quartz Crystal Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Miniature Quartz Crystal Market Size and Growth
The Miniature Quartz Crystal market exhibits robust growth, driven by increasing demand in telecommunications, consumer electronics, and aerospace sectors. As of 2023, the market size is estimated at USD 1.2 billion, with a projected annual growth rate of 6% over the next five years, reflecting advancements in miniaturization and precision technology.
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Companies Covered
(Covid 19 Impact Covered)
◍ Swatch Group Inc.
◍ Statek
◍ Seiko
◍ Geyer Electronic
◍ INFICON
◍ Abracon
◍ AXTAL
◍ NDK
◍ AGC
◍ Murata
◍ Aker Technology
The Miniature Quartz Crystal Market features key players like Swatch Group, Statek, Seiko, and Murata, who leverage quartz crystals for precision timing in watches and electronics. Their innovations drive market growth through enhanced performance and miniaturization. Sales figures for select companies include:
- Swatch Group: $8 billion
- NDK: $1.2 billion
- Murata: $3.5 billion
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Market Segmentation
By Application
◍ Consumer Electronics
◍ Electrical and Automatic Equipments
◍ Construction ◍ Others
By Product
◍ Natural Miniature Quartz Crystal ◍ Synthetic Miniature Quartz Crystal
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Market Growth
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$ X Billion USD
