resonator News

The 2007 global piezoelectric crystal market has reached $4.8 billion and will increase further to $6.91 billion by the year 2012, with an AAGR of 7.5%. This market is comprised of over 450 companies as manufacturers and suppliers.

The global market for traditional piezoelectric ceramic devices is quite mature in applications. However, the global market for new piezoelectric devices will see a robust two-digit growth rate in next five years to reach $19.5 billion by 2012

The global market for MEMS oscillators is still small to the tune of $5.2 million in 2008. However, it is expected to grow at very fast pace to reach $217 million by 2013 with an average annual growth rate (AAGR) of over 100%.