Market Overview:
The global real-time clock (RTC) market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for RTCs from various applications, such as consumer goods, industrial utilization, and others. In terms of type, the I2C segment is expected to hold the largest share of the global RTC market during the forecast period. This can be attributed to its low power consumption and high accuracy.
Product Definition:
A real-time clock (RTC) is a computer clock (or timer) that keeps track of the current time. It often includes a battery so that it can continue to keep track of time even when the computer is turned off. RTCs are used in computers, digital watches, alarm clocks, and other electronic devices.
I2C:
I2C is a two-way interface standard, which was designed to provide the capability of handling low-speed devices. It is widely used in temperature sensors, microcontrollers and other application areas. The I2C bus can support up to 128 devices on a single cable; it’s also capable of bi-directional communication.
The growth factor for I2C market includes cost effective solutions.
SPI:
Smart Pin or Smart Connect is a generic term used for a group of interconnects that are implemented with an analog input. These interconnects can be configured to provide various functions based on the requirements. The most common configuration includes SPiN, which stands for Smart Pin Network and provides an output when all the inputs are high (1).
The major application areas where smart pins are used include consumer electronics, automotive, healthcare.
Application Insights:
The consumer goods segment accounted for the largest revenue share in 2016 and is anticipated to continue its dominance over the forecast period. The product has several applications in consumer goods, such as kitchen appliances, wearable devices and home security systems. Rising adoption of smart wearables is expected to drive the demand for real time clocks over the forecast period.
The industrial utilization segment is projected to witness a significant CAGR of XX% from 2017 to 2030 owing to increasing use of RTClinear in industrial applications such as automation, machine tools and robotics equipment among others. Moreover, rising demand for highly accurate time keeping solutions across various industries including oil & gas and transportation are further estimated to boost market growth over the coming years (Ref: IEC 61970). Real Time Clocks have numerous uses across many industries thus driving its demand globally which can be attributed towards major shareholding by NTP Inc., STP Inc., Microchip Technology Plc.
Regional Analysis:
Asia Pacific dominated the global real time clock market in 2017. The region is expected to continue its dominance over the forecast period owing to increasing demand for low-power consumption and miniaturization clock devices. Increasing penetration of IoT technology in various industrial applications such as oil & gas, automotive, healthcare, and others is also anticipated to drive regional growth over the next eight years.
Europe accounted for a significant share of revenue in 2017 owing to high product adoption across several consumer goods manufacturers including Adidas AG; BenQ Corporation; Philips Hue Inc.; and Seiko Epson Corp., among others. North America market was valued at USD X million in 2017 and is expected to grow at a CAGR of XX% from 2018 through 2030 due rising demand from military application segment primarily driven by UHD radio standard developed by UTIAS/Universities Technology Industrial Association (UTIA).
Growth Factors:
- Increasing demand for Real Time Clock in consumer electronics and automotive applications
- Rising trend of miniaturization in electronic devices
- Growing popularity of IoT and connected devices
- Proliferation of smart homes and smart cities
- Increasing demand for Real Time Clock in industrial automation
Scope Of The Report
Report Attributes
Report Details
Report Title
Real Time Clock Market Research Report
By Type
I2C, SPI, Others
By Application
Consumer Goods, Industrial utilizations, Others
By Companies
STMicroelectronics, EPSON, Maxim Integrated, Microchip Technology, Texas Instruments, NXP, Renesas Electronics, AMS, ABLIC, Diodes, Abracon, NJR, Cymbet
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Real Time Clock Market Report Segments:
The global Real Time Clock market is segmented on the basis of:
Types
I2C, SPI, Others
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
Consumer Goods, Industrial utilizations, 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:
- STMicroelectronics
- EPSON
- Maxim Integrated
- Microchip Technology
- Texas Instruments
- NXP
- Renesas Electronics
- AMS
- ABLIC
- Diodes
- Abracon
- NJR
- Cymbet
Highlights of The Real Time 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:
- I2C
- SPI
- Others
- By Application:
- Consumer Goods
- Industrial utilizations
- 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 Real Time 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
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Real-time clock (RTC) is a hardware device that keeps track of the current time. It typically consists of an on-board clock and a power supply, and can be used to time events such as system booting or wakeup from sleep.
Some of the key players operating in the real time clock market are STMicroelectronics, EPSON, Maxim Integrated, Microchip Technology, Texas Instruments, NXP, Renesas Electronics, AMS, ABLIC, Diodes, Abracon, NJR, Cymbet.
The real time clock market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Real Time Clock Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Real Time Clock Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Real Time Clock Market - Supply Chain
4.5. Global Real Time Clock Market Forecast
4.5.1. Real Time Clock Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Real Time Clock Market Size (000 Units) and Y-o-Y Growth
4.5.3. Real Time Clock Market Absolute $ Opportunity
5. Global Real Time Clock Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Real Time Clock Market Size and Volume Forecast by Type
5.3.1. I2C
5.3.2. SPI
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Real Time Clock Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Real Time Clock Market Size and Volume Forecast by Application
6.3.1. Consumer Goods
6.3.2. Industrial utilizations
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Real Time Clock Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Real Time Clock Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Real Time Clock Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Real Time Clock Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Real Time Clock Demand Share Forecast, 2019-2026
9. North America Real Time Clock Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Real Time Clock Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Real Time Clock Market Size and Volume Forecast by Application
9.4.1. Consumer Goods
9.4.2. Industrial utilizations
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Real Time Clock Market Size and Volume Forecast by Type
9.7.1. I2C
9.7.2. SPI
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Real Time Clock Demand Share Forecast, 2019-2026
10. Latin America Real Time Clock Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Real Time Clock Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Real Time Clock Market Size and Volume Forecast by Application
10.4.1. Consumer Goods
10.4.2. Industrial utilizations
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Real Time Clock Market Size and Volume Forecast by Type
10.7.1. I2C
10.7.2. SPI
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Real Time Clock Demand Share Forecast, 2019-2026
11. Europe Real Time Clock Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Real Time Clock Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Real Time Clock Market Size and Volume Forecast by Application
11.4.1. Consumer Goods
11.4.2. Industrial utilizations
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Real Time Clock Market Size and Volume Forecast by Type
11.7.1. I2C
11.7.2. SPI
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Real Time Clock Demand Share, 2019-2026
12. Asia Pacific Real Time Clock Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Real Time Clock Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Real Time Clock Market Size and Volume Forecast by Application
12.4.1. Consumer Goods
12.4.2. Industrial utilizations
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Real Time Clock Market Size and Volume Forecast by Type
12.7.1. I2C
12.7.2. SPI
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Real Time Clock Demand Share, 2019-2026
13. Middle East & Africa Real Time Clock Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Real Time Clock Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Real Time Clock Market Size and Volume Forecast by Application
13.4.1. Consumer Goods
13.4.2. Industrial utilizations
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Real Time Clock Market Size and Volume Forecast by Type
13.7.1. I2C
13.7.2. SPI
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Real Time Clock Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Real Time Clock Market: Market Share Analysis
14.2. Real Time Clock Distributors and Customers
14.3. Real Time Clock Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. STMicroelectronics
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. EPSON
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Maxim Integrated
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Microchip Technology
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Texas Instruments
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. NXP
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Renesas Electronics
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. AMS
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. ABLIC
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Diodes
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Abracon
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. NJR
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Cymbet
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
