Clock Buffer Market Size & Share | Global Report by 2021, 28

The clock buffer market size is projected to reach US$ 3,579.91 million by 2028 from US$ 2,112.53 million in 2021; it is expected to grow at a CAGR of 8.0% from 2022 to 2028.

The global clock buffer market based on geography is segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. In 2021, North America led the clock buffer market analysis with 40.5% share, followed by Asia Pacific and Europe.

In recent years, the demand for cloud computing has been witnessing significant growth, which has surged the penetration of the internet. Therefore, many FDIs are investing massive capital in North America, which positively impacts cloud computing. The US government has taken many initiatives to boost the consumer electronics industry. For instance, on May 6, 2022, the US government proposed a new bipartisan proposal to fuel the country’s printed circuit board (PCB) sector. Many established companies in the electronics manufacturing industry in the US have welcomed the proposal. The bill will support the CHIPS Act of 2021 and American Printed Circuit Boards Act of 2022. As a result, the key operating players in the North America clock buffer market would experience lucrative opportunities in the coming years.

The clock buffer market in Asia Pacific is segmented into India, China, Japan, Australia, and the rest of Asia Pacific. Many governments in the region have been forced to revise their approaches to purchase upgraded devices, such as desktops, laptops, and personal computers, and general-purpose server equipment from designated suppliers and manufacturers due to the COVID-19 crisis. Thus, the demand for other communications systems, such as routers, modems, wire, and wireless electronics systems (panels), and other peripherals is rising, which has created many lucrative opportunities for the key vendors operating the clock buffer market. In India, the information, communication, and technology services and solutions providers have shifted their business models to remote working due to the onset of the COVID-19 crisis. Further, the schools and colleges continued to operate remotely in 2022, making the need for a computing device critical for students. Some students who previously used smartphones/tablets for virtual classes have switched to PCs as it offers benefits such as larger screens and ease of use, positively impacting the clock buffer market.

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Clock Buffer Market: Strategic Insights

Market Size Value in	US$ 2,112.53 million in 2021
Market Size Value by	US$ 3,579.91 million by 2028
Growth rate	CAGR of 8.0% from 2022 to 2028.
Forecast Period	2022-2028
Base Year	2021

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– Clock Buffer Market

Impact of COVID-19 Pandemic on Clock Buffer Market

Owing to the favorable government policies to boost innovation and reinforce infrastructure capabilities, North America has the highest acceptance and development rate of emerging technologies. As per CBRE's North American Data Center Trends Report 2020, the region’s data center sector was strong in the first half of 2020 due to the implementation of hybrid IT infrastructure by the organizations to develop remote working capabilities. The COVID-19 pandemic in North America has forced companies to implement work-from-home (WFH) strategy to continue business processes during the crisis, which bolstered the demand for big data and data analytics. In 2020, companies explored AI applications and big data analytics to provide insights for users to plan resource use for specific challenges in medical science and proposed a health model based on AI and big data analytics. However, from the Q1 of 2021, the supply lines of the automotive and electronics industry started to stabilize, and revenue of these industries showcased positive momentum, which subsequently propelled the clock buffer market growth in North America.

Lucrative Regions for Clock Buffer Market

Market Insights – Clock Buffer Market

The clock buffer market in Europe is segmented into France, Germany, Russia, the UK, and the rest of Europe. The emergence of smart home appliances, such as in washing machines, air conditioners, safety and security cameras, and microwave ovens are further contributing to the growth of the clock buffer market. Consumers in Europe have improved their standard of living. Also, the rising penetration of Wi-Fi and Bluetooth has led to the procurement of electric household appliances. Thus, the demand for smart devices is high. The Google Nest Thermostat, the latest smart home appliance, uses a smartphone app that controls the HVAC system, and when a user moves near it, the device wakes up and activates the display. The demand for clock buffer will increase with the growth in consumer electronics.

Type-Based Insights

Based on type, the clock buffer market is segmented into differential clock buffer, zero clock buffer, and single-ended clock buffer. Single-ended output buffers may have single-ended or differential inputs. Single-ended output clock buffers are LVCMOS, whereas differential output buffers may be LVPECL, HSTL, or Low Voltage Differential Signaling (LVDS).

The market is segmented on the basis of type, end user, and geography. Based on type, the market is segmented into differential clock buffer, zero clock buffer, and single-ended clock buffer. Based on end user, the market is segmented  into consumer electronics, IT and telecommunication, manufacturing, automotive, medical and health care, and military and defense. Based on geography, the market is segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America.

Renesas Electronics Corporation, Texas Instruments, Infineon Technologies AG, Analog Devices, and Texas Instruments are a few players profiled during the study of the clock buffer market.

The clock buffer market players are mainly focused on the development of advanced and efficient products.

• In 2021, Skyworks Solutions, Inc. entered into a definitive agreement with Silicon Laboratories Inc. for a smart, connected world, under which Skyworks will acquire the infrastructure and automotive business of Silicon Labs in an all-cash asset transaction valued at US$ 2.75 billion.

• 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.