Report : Asia-Pacific Clock Buffer Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type (Differential Clock Buffer, Single Ended Clock Buffer, and Zero Delay Clock Buffer) and End User (Consumer Electronics, IT and Telecommunication, Manufacturing, Automotive, Medical and Healthcare, and Military and Defense)
IT and Telecommunication Segment to Dominate APAC Clock Buffer Market During 2022–2028
According to a new market research study on “APAC Clock Buffer Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Type and End User” is expected to reach US$ 1,270.16 million by 2028 from US$ 738.21 million in 2022. The market is estimated to grow at a CAGR of 9.5% from 2022 to 2028. The report provides trends prevailing in the APAC clock buffer market along with the drivers and restraints pertaining to the market growth. Growing number of data centers is the major factor driving the growth of the APAC clock buffer market. However, presence of substitute may hamper the growth of the market hinders the growth of APAC clock buffer market.
The APAC clock buffer market is segmented based on type, end user, and country. Based on type, the market is segmented into differential clock buffer, single ended clock buffer, and zero delay clock buffer. The differential clock buffer segment dominated the market in 2022 and is expected to be fastest growing during forecast period. Based on end user, the market is segmented into consumer electronics, IT and telecommunication, manufacturing, automotive, medical and healthcare, and military and defense. The consumer electronics segment dominated the market in 2022 and IT and telecommunication segment expected to be fastest growing during forecast period. Based on country, the APAC clock buffer market is segmented into Australia, China, India, Japan, South Korea, and Rest of APAC.
Analog Devices Inc.; Diodes Incorporated; Infineon Technologies AG; Microchip Technology Inc.; Renesas Electronics Corporation; Semiconductor Components Industries, LLC; Skyworks Solutions Inc.; and Texas Instruments Incorporated are among the leading companies in the APAC clock buffer market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2022, Renesas Electronics Corporation introduced the first clock buffers and multiplexers that meet stringent PCIe Gen6 specifications. The new devices join Renesas' low jitter 9SQ440, 9FGV1002, and 9FGV1006 clock generators to provide clients with a complete PCIe Gen6 timing solution for data center/cloud computing, networking, and high-speed industrial applications.
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