Global Atomic Clock Market Analysis & Outlook 2030
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Product Code:
RP-ID-10352036 -
Published Date:
21 Oct 2022 -
Region:
Global
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Category:
Semiconductor & Electronics -
Publisher:
Pub-ID-54
Impact Analysis on the Growth of Market
Inflation and Looming Recession to Haunt Businesses:
In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.
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The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.
With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.
Market Overview:
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The global atomic clock market is estimated to be USD 500 million in 2021 and is expected to expand at a CAGR of 7% over the period 2022-2030. An atomic clock is a device that uses an amplifier to indicate the resonant frequency of an atom. Resonance is determined by the frequency of microwave electromagnetic radiation emitted by the quantum motion of atoms. Resonance is possible at very stable frequencies, which is another advantage of this method. The atomic clock is the most accurate in terms of accuracy and consists of a cesium beam, a rubidium gas cell and a hydrogen device. They are used in the military industry, satellite systems and aviation. Innovations in this field are paving the way for atomic clocks. The global market has grown significantly and is expected to grow significantly over the next few years.
The global Atomic Clock market is segmented on the basis of Type, Application, Industry, and Region. On the basis of type, the market is segmented into cesium atomic clocks, rubidium atomic clocks, and hydrogen atomic clocks. In terms of application, the market is segmented into military and aerospace, aerospace, telecommunications and broadcasting, scientific and measurement research, etc. From an industrial point of view, the atomic clock market is divided into buildings and structures, information and communication technology, healthcare, aerospace, defense, and industries.
Geographically, the market is analyzed across different geographies such as North America, Europe, Asia Pacific and Latin America, as well as Middle East and Africa (LAMEA). The major players in the global atomic clock industry are Frequency Electronics, Acubeat Ltd., IQD, Microsemi, Kasik, Spectratime, Chengdu Spaceon Electronics, Exelitas Technologies, Zurich Instruments, and Stanford Research Systems. These companies are pursuing various strategies such as product launches, partnerships, partnerships, mergers and acquisitions, and joint ventures to solidify their position in the global atomic clock market.
COVID-19 Scenario Analysis:
The global atomic clock market has been hit hard by the COVID-19 outbreak. New projects are halted worldwide and demand for atomic clocks is declining significantly. Global factories are struggling to produce, integrate and assemble new technologies because workers are at home and even machines in other warehouses cannot move due to regulations and regulations, which disrupts global supply chains. Due to production and supply chain disruptions, the impact of COVID-19 on the market is temporary. As the situation improves, the production, supply chain and demand for these products will gradually increase as various industries develop.
Key Influencing Factors:
The increasing use of atomic clocks in military satellites, navigation systems and space systems is one of the major drivers of market growth. The use of these clocks in radiometry and astronomy has contributed to the development of the atomic clock industry, as improvements in this field require precision. However, the high cost and size of atomic clocks is hindering the growth of the market. The use of atomic clocks in the telecom industry is also expected to increase as network providers require atomic clocks to transmit digital signals efficiently.
New product boom:
NASA recently developed an atomic clock in space. Quartz alone is not very stable, so we use a crystal oscillator with certain types of atoms for stability. The mercury atom fuses with the crystal, and the atomic clock stops in less than a nanosecond after four days and less than a microsecond after a year. Therefore, it takes about 10 million years for a clock to be accurate. This reduces errors and obstacles when using crystals and improves the accuracy of crystal position measurements. fast moving objects. mobile space probe
Successful use in the telecommunication industry: With the advancement of communication technology, the speed and amount of data required by consumers around the world is increasing day by day. To meet this requirement, some small orbiting planets or nanosatellites must be placed in low Earth orbit. However, the atomic clocks used in these satellites ensure highly accurate synchronization with world time standards. As a result, the use of atomic clocks in the communications industry is increasing. In addition, the atomic clock market is expected to expand with the development of quantum atomic clocks that use little energy.
Key Benefits Reporting:
This study provides an analytical perspective on the global Atomic Clock market forecast along with current trends and forecasts to identify future investment pockets. Atomic Clock Market Analysis: To highlight the global growth scenario of the Atomic Clock market, the market is currently scheduled for 2022-2030. The report offers a detailed analysis of the global Atomic Clock market based on strong competition and how the competition will develop in coming years.
Geography Analysis:
The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:
- North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
- Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
- Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys & Opportunity Outlook
- Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
- Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook
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