Global Real Time Clock (RTC) Market Growth 2023-2029

Global Real Time Clock (RTC) Market Growth 2023-2029

Product Code:448945

Published Date: Feb 08,2023

Pages: 104

Region: Global

Category: Electronics & Semiconductor

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A real-time clock (RTC) is a computer clock (most often in the form of an integrated circuit) that keeps track of the current time.

Although the term often refers to the devices in personal computers, servers and embedded systems, RTCs are present in almost any electronic device which needs to keep accurate time. Meanwhile, with the improvement of technical, the new RTC possesses more complex functions, and the bulk became much more tiny (2mm×2mm×0.85mm). Electronic devices utilize real time clock modules to serve the purpose of tracking current time, one real time clock module is normally a circuit containing real time clock chip, capacitance, diode and so on. This report only focuses on Real Time Clock Chip, which is the product shown below. Since the manufacturers refer these chips as RTC(Real Time Clock),this report uses the same addressing. Therefore, when the report mentions real time clock in the following chapters, the report only refers to the chip, not the module.

LPI (LP Information)' newest research report, the “Real Time Clock (RTC) Industry Forecast” looks at past sales and reviews total world Real Time Clock (RTC) sales in 2022, providing a comprehensive analysis by region and market sector of projected Real Time Clock (RTC) sales for 2023 through 2029. With Real Time Clock (RTC) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Real Time Clock (RTC) industry.

This Insight Report provides a comprehensive analysis of the global Real Time Clock (RTC) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Real Time Clock (RTC) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Real Time Clock (RTC) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Real Time Clock (RTC) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Real Time Clock (RTC).

The global Real Time Clock (RTC) market size is projected to grow from US$ 1655.2 million in 2022 to US$ 2407.5 million in 2029; it is expected to grow at a CAGR of 2407.5 from 2023 to 2029.

There are many Real Time Clocks manufactures in the world, STMicroelectronics occupies 44% of the global market share; While EPSON, with a market share of 12.12%, comes the second; Texas Instruments ranks the third globally, 4%. All these three large manufacturers together consist of approximately 60% of the global market.

This report presents a comprehensive overview, market shares, and growth opportunities of Real Time Clock (RTC) market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    I2C RTC
    SPI RTC
    Others

Segmentation by application
    Consumer Goods
    Industrial utilizations
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    STMicroelectronics
    EPSON
    Maxim Integrated
    Microchip Technology
    Texas Instruments
    NXP
    Renesas Electronics
    AMS
    ABLIC
    Diodes
    Abracon
    NJR
    Cymbet

Key Questions Addressed in this Report
What is the 10-year outlook for the global Real Time Clock (RTC) market?
What factors are driving Real Time Clock (RTC) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Real Time Clock (RTC) market opportunities vary by end market size?
How does Real Time Clock (RTC) break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?