North America Clock Buffer Market Analysis/Forecasts, 2022-2028: Growing Number of Data Centers & Surge in Adoption in Consumer Electronic Devices for Interfacing Within the Device - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "North America Clock Buffer Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type and End User" report has been added to ResearchAndMarkets.com's offering.

The North America clock buffer market is expected to grow from US$ 918.29 million in 2022 to US$ 1,396.38 million by 2028; it is estimated to grow at a CAGR of 7.2% from 2022 to 2028.

Clock buffers are one of the most common circuits found in every electronics system. Fanout buffers and clock dividers are general-purpose clock building-block devices used in many applications. They are ideal for clock and signal distribution in various systems, from personal computers to consumer electronics or industrial systems and high-performance networking and communications systems. Thus, the increasing adoption of clock buffer in consumer electronics applications for device interfacing is driving the market growth.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America clock buffer market in the coming years . The market is expected to grow at a good CAGR during the forecast period.

North America Clock Buffer Market Segmentation

The differential clock buffer segment dominated the market in 2022, and the market for the same segment is expected to grow at the fastest pace during the forecast period. Based on end user, the North America clock buffer 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.

However, the market for the IT and telecommunication segment is expected to grow at the fastest rate during the forecast period. Based on country, the North America clock buffer market is segmented into the US, Canada, and Mexico.

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 North America clock buffer market.

Key Market Dynamics

Market Drivers

• Surge in Adoption in Consumer Electronic Devices for Interfacing Within the Device
• Growth in Government Support Toward Digitalization

Market Restraints

• Presence of Substitute

Market Opportunities

• Growing Number of Data Centers

Future Trends

• Industrial revolution 4.0 will Increase the Adoption of Internet of Things

Company Profiles

• Analog Devices Inc.
• Diodes Incorporated
• Infineon Technologies AG
• Microchip Technology Inc.
• Renesas Electronics Corporation
• Semiconductor Components Industries, LLC
• Skyworks Solutions Inc.
• Texas Instruments Incorporated

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