Asia-Pacific Real Time Clock (RTC) IC Market – Industry Analysis and Forecast (2019-2026)

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Asia-Pacific Real Time Clock (RTC) IC Market was valued US$ XX Mn in 2018 and is expected to reach US$ XX Mn by 2026, at a CAGR of XX % during a forecast period.

 

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The Real-Time Clock products offer an extensive variety of useful industry-standard functions and features like clocks and calendars, programmable alarms with event recording, non-volatile memory for system personality data and unique device IDs.

An increase in deployment of advanced integrated chips across several sectors like automotive, consumer electronics, healthcare, industrial and aerospace are some of the driving factors for Asia-Pacific Real-Time Clock (RTC) IC Market. The presence of key players in the Asian region is expected to boost market growth. The Internet of Things (IoT) and automation in automotive are expected to propel the growth in the Real-Time Clock (RTC) IC market.

RTC IC faced with the issue of poor accuracy, which is only updated per second. The accuracy of a semiconductor clock is based on the time base of the oscillator, which is typically 32.768 kHz crystal. At the same time, RTC can fall behind in terms of timekeeping, thereby reducing the accuracy of the semiconductor clocks. These factors are limiting the growth in the Asia-pacific real-time clock (RTC) IC market.

An increase in the focus on funding and the number of investors on MEMS oscillators has enabled the RTS key players to introduce a variety of innovative features, which includes packaging and fabrication in MEMS oscillators. The prominent key players are focusing on the up gradation of the features like power consumption, noise jitter, and frequency stability. Technical developments in the MEMS oscillators are creating RTC devices faster, cost-effective, and energy-efficient.

The Asia-Pacific region has to develop as a major automotive hub, with a US XX Mn share in terms of vehicle production and sales. The developing counties like China, Japan, India, South Korea, Australia, and the Rest of Asia-Pacific are the geographies analyzed in the report for this Asia-Pacific Real-Time Clock (RTC) IC Market. China and Japan are the most well-established markets in the region because of the rapid expansion of the automotive and consumer electronics industries.

At the same time, The Indian and the South-Korean markets are also projected to share a steady growth during the forecast period. OEMs and suppliers are focusing on the set up of the production and sales facilities in this region, which is expected to propel the market growth.
The reports covers the clear representation of competitive analysis of key players by Type, price, financial position, product portfolio, growth strategies, and regional presence in the Asia-Pacific Real Time Clock (RTC) IC Market make the report investor’s guide. Renesas Electronics remains a gigantic leader in microcontrollers (MCU) and system on chip (SoC) devices for automotive applications. The company recently acquired Integrated Device Technology (IDT to strengthen its automotive semiconductor portfolio.

The objective of the report is to present a comprehensive analysis of Asia-Pacific Real Time Clock (RTC) IC Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants by region.

PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market are presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Asia-Pacific Real Time Clock (RTC) IC Market dynamics, structure by analysing the market segments and project the Asia-Pacific Real Time Clock (RTC) IC Market size.

The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.
The Scope of the Report for Asia-Pacific Real Time Clock (RTC) IC Market: Inquire before buying

Asia-Pacific Real Time Clock (RTC) IC Market, By Product

• I2C
• SPI
• Others
Asia-Pacific Real Time Clock (RTC) IC Market, By Mounting Type

• Surface Mount
• Through Hole
Asia-Pacific Real Time Clock (RTC) IC Market, By End-use Industry

• Consumer Electronics
• Automotive
• Healthcare
• Industrial
• Others
Asia-Pacific Real Time Clock (RTC) IC Market, By Region

• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key players operating in Asia-Pacific Real Time Clock (RTC) IC Market

• Renesas Electronics
• United Microelectronics
• Advanced Semiconductor Engineering
• SK Hynix System
• Taiwan Semiconductor
• NEC Corporation
• Tsinghua Unigroup
• Will Semiconductor
• UKC Holdings
• Ingenic Semiconductor
• Seiko Epson Corp.
• Maxim Integrated
• Abracon
• NXP Semiconductors

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