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

The APAC clock buffer market is expected to grow from US$ 738.21 million in 2022 to US$ 1,270.16 million by 2028; it is estimated to grow at a CAGR of 9.5% from 2022 to 2028.

Data centers have increasingly become a crucial aspect of the modern economy, from the servers operating in SMEs to the organization data centers supporting large business corporations and the plantations running cloud computing services hosted by various technology giants, including Amazon, Facebook, and Google. Various end-users emerged to distinguish themselves with different data center requirements in the wake of a globally snowballing digital economy and the data center industry, which continually challenges staying ahead of customers' IT roadmaps. Regulatory and user requirements for data centers require sub-microsecond sequential time stamps. Precision and accuracy in timestamping are essential between computers in a data center and between data centers in a network. Microchip, Renesas, and other clock buffer manufacturers provide a broad spectrum of timing solutions that assure exact, accurate, secure, and robust time for hyperscale applications and colocation data center clients. For instance, in 2022, Renesas introduced clock buffer and multiplexer solutions for various applications, including the Internet of Things (IoT), machine learning, cloud computing, artificial intelligence (AI), and data centers. Renesas developed PCle 6-compliant clock buffers and multiplexers to meet the growing demand for high-data-intensive, high-speed industrial applications, including data center/cloud computing and networking. Further, several industries are exploring cloud offerings and discovering the benefits of data center services to support their needs related to the cloud. These developments increase the use of the Internet of Things (IoT), thereby constructing many data centers across the region. Therefore, the increasing number of data centers boosts the need for data center-based clock buffer products for time synchronization, which would create lucrative opportunities for the clock buffer market in the coming years.

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 APAC clock buffer market in the coming years . The market is expected to grow at a good CAGR during the forecast period.

APAC Clock Buffer Market Segmentation

The APAC clock buffer market is segmented based on 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 is expected to be fastest growing during forecast period. Based on end user, the 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 and IT and telecommunication segment expected to be fastest growing during forecast period. Based on country, the APAC clock buffer market is segmented into the Australia, China, India, Japan, South Korea, and Rest of APAC.

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 APAC clock buffer market.