According to the latest research report on “Clock Buffer Market Forecast to 2028 – COVID-19 Impact and Global Analysis,” published by The Insight Partners, the market is expected to grow from US$ 2,112.53 million in 2021 to US$ 3,579.91 million by 2028; it is estimated to grow at a CAGR of 8.0% from 2022 to 2028.
A buffer is a component that generates an output signal of the same magnitude as the input signal. Clock buffers are created with specific qualities that are believed to be beneficial to clock distribution networks (clock trees). A clock buffer can be separated into three parts at a high level, including input, distribution, and output. Clock buffers are semiconductor devices that spread clock signals while isolating the source from the load. Clock buffers are known for having numerous programmable outputs and independent power sources for outputs or input/output, allowing them to function as level shifters. Clock buffers can handle single-ended, differential, or both types of signals.
Renesas Electronics Corporation, Texas Instruments, Infineon Technologies AG, Analog Devices, and Texas Instruments – Prominent Market Participants in Clock buffer Market
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The global clock buffer market based on geography in the North American region accounted for the highest share in the global clock buffer market in 2020 and is also expected to grow at the largest CAGR over the forecast period. The clock buffer market is driven by demand for high-level data synchronization with the advent of binary data processors, competent drive strength, and optimal clock buffer delays. Furthermore, the market is being driven forward by the increasing adoption of digital devices such as PCs, smartphones, smart wearables, laptops, and robotics, which necessitate the incorporation of clock buffers for interfacing within the device. Furthermore, government policies for digitization in developed and developing countries increased the use of computerized and digital devices in industries.
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 such as Amazon, Facebook, and Google. Various clock buffer manufacturers such as Microchip, Renesas, and others 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. Further, several industries are exploring cloud offerings and discovering the benefits of data center services to support their needs related to the cloud. For instance, Colt announced the development of its hyperscale data centers in Europe and Asia-Pacific, following the sale of 12 edge colocation centers across Europe.
The global clock buffer market size is segmented into five major regions—North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SAM). The US, Canada, and Mexico are among the key countries in North America. North America holds a significant share in the global clock buffer market analysis, owing to the higher awareness among the end users. 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
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