DUBLIN--(BUSINESS WIRE)--The "North America Atomic Clock Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Type, and Application" report has been added to ResearchAndMarkets.com's offering.
The North America atomic clock market is expected to grow from US$ 144.80 million in 2019 to US$ 232.85 million by 2027; it is estimated to grow at a CAGR of 6.3% from 2020 to 2027.
Meteorology station consists of various time-sensitive applications that raise the demand for atomic clocks. Since invention in the middle of the twentieth century, atomic clocks have undergone huge developments and improvements. Various applications of atomic clocks in metrology and fundamental physics have been made possible by the constant improvement in their accuracy and stability.
Also, GNSS satellite positioning depends on the propagation that a signal takes to travel from the satellite to the receiver. Therefore, the position error is implied; thus, navigation systems rely on the performance of clock. In addition, atomic clocks are used in terrestrial stations for synchronizing clocks in orbit and characterize time systems. Furthermore, rising demands for high precision atomic clocks from aerospace and military sectors is among the other factors expected to fuel the growth of the North America atomic clock market.
Based on type, the rubidium atomic clock and CSAC segment led the North America atomic clock market in 2019. Rubidium atomic clock or rubidium standard is an atomic clock with high accuracy frequency and time standard. These are the most compact and simplest type of atomic clocks, which use a rubidium gas glass cell.
The operation of an atomic clock depends on an electrical oscillator regulated by the natural vibration frequencies of an atomic system. Thus, in the rubidium atomic clock, the output frequency is controlled by a specified hyperfine transition of electrons in the rubidium-87 atoms.
In addition, cesium atomic clocks - which present primary frequency standards - are considered more accurate than the commercial rubidium clocks. However, rubidium fountains that are even more stable than cesium fountain clocks are currently being developed. Furthermore, next-generation chip-scale atomic clocks (CSACs) are likely to demonstrate key enablers with better pricing for atomic clock market. CSACs seem well-suited for autonomous vehicles and drones.
The Microsemi SA.45s CSAC is the first commercially available atomic clock chip-scale, offering stability and precision in atomic clock technology. On January 9, 2020, Frequency Electronics, Inc. announced that its next-generation Rubidium atomic clock completed a Critical Design Review (CDR) for potential use in the US by prime contractor Lockheed Martin Space.
Excelitas Technologies Corp., IQD Frequency Products Ltd, Leonardo S.p.A., Microchip Technology Inc, Orolia, Oscilloquartz, and Stanford Research Systems are a few players operating in the market.
Key Topics Covered:
1. Introduction
1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
4. North America Atomic Clock Market Landscape
5. North America Atomic Clock -Market Dynamics
5.1 Market Drivers
5.1.1 Aerospace and Military Demanding High Precision Atomic Clock
5.1.2 Surge in Demand from Metrology Station Due to a Time-Sensitive Applications
5.2 Market Restraints
5.2.1 Expensiveness and Intricacies Related with Atomic Clocks
5.3 Market Opportunities
5.3.1 Upcoming of Advanced Chip-Scale Atomic Clocks (CSACs)
5.4 Future Trends
5.4.1 Arrival of Optical Lattices of Strontium, Ytterbium and Gadolinium Atoms Based Atomic Clocks
5.5 Impact Analysis of Drivers and Restraints
6. Atomic Clock Market - North America Analysis
6.1 North America Atomic Clock Market Overview
6.2 North America Atomic Clock Market - Revenue and Forecast to 2027 (US$ Million)
6.3 Market Positioning - Five Key Players
7. North America Atomic Clock Market Analysis - By Type
7.1 Overview
7.2 North America Atomic Clock Market, By Type (2019 and 2027)
7.3 Rubidium Atomic Clock and CSAC
7.4 Cesium Atomic Clock
7.5 Hydrogen Maser Atomic Clock
8. North America Atomic Clock Market Analysis - By Application
8.1 Overview
8.2 North America Atomic Clock Market, By Application (2019 and 2027)
8.3 Space and Military/Aerospace
8.4 Scientific and Metrology Research
8.5 Telecom and Broadcasting
9. North America Atomic Clock Market - Country Analysis
9.1 Overview
10. North America Atomic Clock Market - COVID-19 Impact Analysis
10.1 North America
11. Atomic Clock Market - Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 Merger and Acquisition
11.4 New Development
12. Company Profiles
- Excelitas Technologies Corp.
- IQD Frequency Products Ltd
- Leonardo S.p.A.
- Microchip Technology Inc
- Orolia
- Oscilloquartz
- Stanford Research Systems
For more information about this report visit https://www.researchandmarkets.com/r/7zqa3w
