North America Clock Buffer Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type and End User

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.

Smartphones, laptops, wearables, tablets, and other consumer electronics and peripheral devices widely adopt clock buffers. The adoption of consumer electronics products, such as smartphones and laptops, is increasing in developed and developing countries owing to rising disposable income, increasing population, and growing internet penetration. Moreover, the ongoing technological developments are increasing the penetration of these devices across several economies. The advancement in smartphone technologies and increasing digitalization are significant factors propelling the growth of the clock buffer market. Buffers are often used to distribute clocks to Analog-to-Digital Convertor (ADCs) connected in parallel to enable higher resolution. In such an application, care must ensure that the channel-to-channel skew satisfies the allowable clock variation, meeting the ADC device aperture delay specifications. When multiple buffers are used, the device-to-device skew for the selected clock distribution buffers becomes important to synchronize the time across various ADC devices. 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 North America clock buffer market is segmented on the basis of type, end user, and country. Based on type, the market is segmented into differential clock buffer, single ended clock buffer, and zero delay clock buffer. 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.