Global Rubidium Atomic Clock market is expected to reach 191.1 million USD by the end of 2022

The global Rubidium Atomic Clock market is valued at 150.1 million USD in 2016 and is expected to reach 191.1 million USD by the end of 2022, growing at a CAGR of 4.11% between 2016 and 2022.

Publisher: QYResearch

Published Date: 2018-05-31

Currently, there are many producing companies in the world. The main market players are Microsemi, Spectratime, Frequency Electronics, AccuBeat Ltd, Excelitas Technologies, Stanford Research Systems and so on. The production value of Rubidium Atomic Clock is about 150.1 Million USD in 2016.

In production market, the global production value has increased to 159.5 Million USD in 2017 from 131.8 Million USD in 2012.

North America is the largest production of Rubidium Atomic Clock, with a production value market share nearly 49.30% in 2016.

The second place is Europe; following North America with the production value market share over 29.11% in 2016.

Rubidium Atomic Clock used in industry including Navigation satellite systems, Military/Aerospace, Telecom/Broadcasting and Others. Report data showed that 32.26%of the Rubidium Atomic Clock market demand in Telecom/Broadcasting in 2016.

There are three kinds of Rubidium Atomic Clock, which are Production Frequency: <5MHz, Production Frequency: 5-10MHz, Production Frequency: >10MHz. Production Frequency: 5-10MHz is important in the Rubidium Atomic Clock, with a production market share nearly 83.56% in 2016.

Briefly speaking, in the next few years, Rubidium Atomic Clock industry will still be strong business competition. Sales of Rubidium Atomic Clock have brought a lot of opportunities, there will more companies enter into this industry, especially in developing countries.

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