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.
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.
The global Real Time Clock (RTC) market was valued at US$ 1607.1 million in 2020 and it is expected to reach US$ 2306.6 million by the end of 2027, growing at a CAGR of 5.3% during 2021-2027.
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Request for a free sample or purchase this report at: https://www.themarketreports.com/report/global-real-time-clock-rtc-market-outlook
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
- I2C RTC
- SPI RTC
Segment by Application
- Consumer Goods
- Industrial utilizations
- Maxim Integrated
- Microchip Technology
- Texas Instruments
- Renesas Electronics
Production by Region
- North America
Consumption by Region
- North America (United States, Canada)
- Europe (Germany, France, U.K., Italy, Russia)
- Asia-Pacific (China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
- Latin America (Mexico, Brazil, Argentina)
- Middle East & Africa (Turkey, Saudi Arabia, UAE)
Mr. Shirish Gupta
The Market Reports | Industry and Market Reports at its Best
Call: +1-631-407-1315 / +91-750-729-1479