Global PLL clock generator market demand is expected to be valued at US$ 6,322.9 Million in 2022, rising at a 5.9% CAGR to US$ 11,182.7 Million by 2032. Growth is attributed to increased digitalization and semiconductor use. The PLL clock generator market grew at a CAGR of 4.6% between 2016 and 2021.
Clock generators are now the fundamental building blocks of all electronics. They are used in a wide range of applications, from a small memory chip to a supercomputer. Clock generators essentially generate waveforms that are required for any equipment to operate at a specific frequency.
Today clock generators have become the basic building blocks of all electronics. They have a wide variety of applications, ranging from a small memory chip to a supercomputer. Clock generators basically generate waveforms, which are required for working of any at a particular frequency, as required by the equipment.
In many applications, oscillators are used for the same, but a clock generator can generate a variety of frequencies, which cannot be generated using an oscillator. Basically, a clock generator has two components, namely resonators and crystals.
Apart from the umpteenth of uses of clock generators, PLL clock generators came into the market because of the additional advantages it carries like low noise and jitter. Basically, a PLL is a phase locked loop, which is used to remove the error which occurs in the frequency generated.
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It removes the error in the frequency by comparing the output with a reference signal and then generates an error signal, and the output signal gets corrected by error signal, by either decreasing or increasing it, and then the correct signal is locked which is then sent to the specified application, thus improving the accuracy of the generated frequency.
Global Market of PLL Clock Generator: Drivers and Restraint
With the increasingly stringent timing constraints required in high-performance systems extensively used in day to day applications today, the PLL clock generator is finding their applications in myriads of devices. This extensive use of PLL clock generator is expected to increase its demand in the market, witnessing a healthy CAGR in the forecast period.
Phase/delay compensation, frequency multiplication, duty cycle correction, decreased noise and jitter are some of the key benefits, offered by the PLL clock generator, which are not present in the simple clock generators. As the PLL clock generator is the basic building blocks of any systems, these benefits basically eliminate all the errors that can occur while frequency generation. This highly reduces the probability of errors in the overall system, may the PLL clock generator is deployed in any system.
Factors such as high cost can be expected to make a negative impact on the market in short term, but as the benefits from PLL clock generator is ascertained, the overall impact will diminish in the long term. However, the paradigm shift in using basic clock generators to PLL clock generators, due to reduced jitter and noise, thereby increasing overall efficiency of the systems in which the PLL clock generators are deployed, is expected to continue propelling market for PLL clock generators during the forecast period
Asia Pacific continues to be the hotbed of the electronics market, thus propelling most of the demand for the PLL clock generators. Further, North America market led by the US is expected to remain second largest market for PLL clock generator, the trend expected to continue over the years, followed by Western Europe also expected to witness healthy CAGR
Global Market of PLL Clock Generator: Key Players
Cirrus Logic, Microsemi Corporation, ON Semiconductor, Maxim Integrated, Integrated Device Technology, Inc., and Texas Instruments Incorporated, are some of the key players in the PLL Clock Generator market.
Key development
Product launch
In August 2015, Texas Instruments launched LMK03328. The product has an edge over the other PLL clock generators because of an Ultra-Low Jitter Clock Generator and can generate multiple clocks for various multi-gigabit serial interfaces and digital devices which improves reliability and the ultra-low jitter reduces the bit error rate in high speed serial links
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Regional analysis for Global PLL Clock Generator Market includes
- North America Market
- US
- Canada
- Latin America Market
- Argentina
- Mexico
- Brazil
- Rest of Latin America
- Western Europe Market
- Germany
- France
- U.K.
- Spain
- Italy
- Nordic
- Benelux
- Rest of Western Europe
- Eastern Europe Market
- Poland
- Russia
- Rest of Eastern Europe
- Asia Pacific Market
- Australia and New Zealand (A&NZ)
- China
- India
- ASEAN
- Rest of Asia Pacific
- Japan Market
- Middle East and Africa Market
- GCC Countries
- North Africa
- South Africa
- Rest of MEA
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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