Market Overview:
The Global GPS Synchro Clock Market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for synchronization in various applications such as aerospace, public fundamental instrument, electric and energy, petroleum, chemical and material, and others. Additionally, the growing trend of miniaturization is also propelling the growth of this market. However, factors such as high installation cost may restrain the growth of this market to some extent during the forecast period.
Product Definition:
A GPS synchro clock is a clock that is synchronized with the Global Positioning System (GPS). This type of clock can be used to ensure accurate timekeeping, even in areas where there is no reliable source of time synchronization.
OCXO:
OCXO is an output clock, which means it's used to generate the master timing signal that controls all other components in a GPS system. It also provides accurate time and frequency. The growth factor of this market is its usage in portable devices such as smartphones and tablets for real-time location tracking services.
Rubydium Atomic Clock:
Rubidium is a chemical element produced by the radioactive decay of potassium-40. It has a half-life of 37.2 days and is used in various applications due to its special properties, such as low mass and high stability. The most common isotope used in consumer products is Rb87, which has a volume of 0.55 ml and an energy of 57 nanojoules (NJ).
Application Insights:
The aerospace segment accounted for the largest revenue share of over 40% in 2017. The use of global GPS synchro clock has become mandatory by law in several countries to ensure safety and accuracy while flying. The public fundamental instrument application segment is expected to grow at a significant rate during the forecast period owing to its low price range as compared with other high-end products. These clocks are used in various applications such as research laboratories, meteorology departments, hydrology department, etc., across various institutions and government agencies globally.
The product plays an important role in providing accurate time keeping services across a wide variety of applications including aviation electronics; marine navigation; weather forecasting; critical infrastructure monitoring & protection; disaster management & rescue operations among others globally which is expected to drive its demand over the forecast period significantly.
Regional Analysis:
The North American regional market dominated the global GPS synchro clock market in 2016 and is expected to continue its dominance over the forecast period. The U.S., being a technologically advanced nation, extensively uses these clocks in various applications including aerospace, public fundamental instruments, electronics and energy. Moreover, technological advancements coupled with high spending capacity of the consumers are also driving this regional market forward.
Asia Pacific is projected to be one of the fastest-growing regions during the forecast period owing to increasing investments by governments for building infrastructure such as hospitals and airports across countries such as China and India at a faster pace than other developing nations worldwide. This will eventually drive demand for synchrotron clocks used in these applications across Asia Pacific region over next eight years or so till 2030 time frame (as per UTC).
Growth Factors:
- Increasing demand for synchronization of time across multiple devices
- Growing popularity of cloud-based time synchronization services
- Proliferation of Internet-of-Things (IoT) devices that require accurate time synchronization
- Rising demand for precision timing and synchronization in industrial and scientific applications
- Advances in GPS technology that improve accuracy and reliability
Scope Of The Report
Report Attributes
Report Details
Report Title
GPS Synchro Clock Market Research Report
By Type
OCXO, Rubydium Atomic Clock
By Application
Aerospace, Public Fundamental Instrument, Electrics and Energy, Petroleum, Chemical and Material, Others
By Companies
Zhongyuanhuadian, SDI, Shuanghe Electric Corporation, Kehui, Tianao Electronics, Symmetircom, Spectra Time, China Aerospace Science and Industry, Chenjing Electronics
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
134
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global GPS Synchro Clock Market Report Segments:
The global GPS Synchro Clock market is segmented on the basis of:
Types
OCXO, Rubydium Atomic Clock
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Aerospace, Public Fundamental Instrument, Electrics and Energy, Petroleum, Chemical and Material, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Zhongyuanhuadian
- SDI
- Shuanghe Electric Corporation
- Kehui
- Tianao Electronics
- Symmetircom
- Spectra Time
- China Aerospace Science and Industry
- Chenjing Electronics
Highlights of The GPS Synchro Clock Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- OCXO
- Rubydium Atomic Clock
- By Application:
- Aerospace
- Public Fundamental Instrument
- Electrics and Energy
- Petroleum
- Chemical and Material
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the GPS Synchro Clock Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A GPS Synchro Clock is a clock that uses the Global Positioning System (GPS) to keep track of time. This type of clock can be used in place of an ordinary wall or desk clock, and can be synched with a computer or other device to provide accurate timekeeping.
Some of the major players in the gps synchro clock market are Zhongyuanhuadian, SDI, Shuanghe Electric Corporation, Kehui, Tianao Electronics, Symmetircom, Spectra Time, China Aerospace Science and Industry, Chenjing Electronics.
The gps synchro clock market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 GPS Synchro Clock Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 GPS Synchro Clock Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 GPS Synchro Clock Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the GPS Synchro Clock Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global GPS Synchro Clock Market Size & Forecast, 2020-2028
4.5.1 GPS Synchro Clock Market Size and Y-o-Y Growth
4.5.2 GPS Synchro Clock Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 OCXO
5.2.2 Rubydium Atomic Clock
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Aerospace
6.2.2 Public Fundamental Instrument
6.2.3 Electrics and Energy
6.2.4 Petroleum
6.2.5 Chemical and Material
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global GPS Synchro Clock Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 GPS Synchro Clock Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 OCXO
9.6.2 Rubydium Atomic Clock
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Aerospace
9.10.2 Public Fundamental Instrument
9.10.3 Electrics and Energy
9.10.4 Petroleum
9.10.5 Chemical and Material
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 OCXO
10.6.2 Rubydium Atomic Clock
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Aerospace
10.10.2 Public Fundamental Instrument
10.10.3 Electrics and Energy
10.10.4 Petroleum
10.10.5 Chemical and Material
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 OCXO
11.6.2 Rubydium Atomic Clock
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Aerospace
11.10.2 Public Fundamental Instrument
11.10.3 Electrics and Energy
11.10.4 Petroleum
11.10.5 Chemical and Material
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 OCXO
12.6.2 Rubydium Atomic Clock
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Aerospace
12.10.2 Public Fundamental Instrument
12.10.3 Electrics and Energy
12.10.4 Petroleum
12.10.5 Chemical and Material
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 OCXO
13.6.2 Rubydium Atomic Clock
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Aerospace
13.10.2 Public Fundamental Instrument
13.10.3 Electrics and Energy
13.10.4 Petroleum
13.10.5 Chemical and Material
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 GPS Synchro Clock Market: Competitive Dashboard
14.2 Global GPS Synchro Clock Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Zhongyuanhuadian
14.3.2 SDI
14.3.3 Shuanghe Electric Corporation
14.3.4 Kehui
14.3.5 Tianao Electronics
14.3.6 Symmetircom
14.3.7 Spectra Time
14.3.8 China Aerospace Science and Industry
14.3.9 Chenjing Electronics
