Canada Timing Devices Market Size & Outlook, 2024-2030
Canada timing devices market highlights
- The Canada timing devices market generated a revenue of USD 55.5 million in 2024 and is expected to reach USD 117.6 million by 2030.
- The Canada market is expected to grow at a CAGR of 13.5% from 2025 to 2030.
- In terms of segment, oscillators was the largest revenue generating type in 2024.
- Jitter Attenuators is the most lucrative type segment registering the fastest growth during the forecast period.
Timing devices market data book summary
| Market revenue in 2024 | USD 55.5 million |
| Market revenue in 2030 | USD 117.6 million |
| Growth rate | 13.5% (CAGR from 2025 to 2030) |
| Largest segment | Oscillators |
| Fastest growing segment | Jitter Attenuators |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Oscillators, Clock Generators, Clock Buffers, Jitter Attenuators, Atomic Clocks |
| Key market players worldwide | Infineon Technologies AG, Abracon, Microchip Technology Inc, NXP Semiconductors NV, Kyocera Corp, Nihon Dempa Kogyo, Rakon, Renesas Electronics Corporation, Seiko, STMicroelectronics NV |
Other key industry trends
- In terms of revenue, Canada accounted for 6.7% of the global timing devices market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. timing devices market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 117.6 million by 2030.
Oscillators was the largest segment with a revenue share of 58.02% in 2023. Horizon Databook has segmented the Canada timing devices market based on oscillators, clock generators, clock buffers, jitter attenuators, atomic clocks covering the revenue growth of each sub-segment from 2018 to 2030.
Canada’s timing devices in AI server market was valued at USD 55.4 million in 2024 and is estimated to reach USD 117.6 million by 2030, registering a CAGR of 13.5% from 2025 to 2030. The integration of precise timing devices in AI servers is a critical factor in Canada's rapidly expanding artificial intelligence (AI) sector.
As AI applications demand increasingly sophisticated computational capabilities, the need for accurate synchronization and timing has become paramount. Timing devices, such as oscillators and atomic clocks, ensure that data processing and communication within AI servers occur seamlessly, thereby enhancing performance and reliability.
The federal government's commitment to bolstering AI capabilities is evident through initiatives like the Canadian Sovereign AI Compute Strategy, which allocates up to $2 billion to enhance domestic AI compute capacity.
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Timing Devices Market Scope
Timing Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Rakon | View profile | 1001-5000 | Auckland, Auckland, New Zealand, Oceania | http://www.rakon.com |
| Abracon | View profile | 11-50 | Irvine, California, United States, North America | http://www.abracon.com/ |
| Renesas Electronics Corporation | View profile | 10001+ | Tokyo, Tokyo, Japan, Asia | https://www.renesas.com |
| Nihon Dempa Kogyo | View profile | 501-1000 | Tokyo, Tokyo, Japan, Asia | https://www.ndk.com/ |
| Seiko | View profile | 501-1000 | Mahwah, New Jersey, United States, North America | https://www.seikowatches.com/global-en/company |
| Kyocera Corp | View profile | 81209 | 6, Takeda Tobadono-cho, Fushimi-ku, Kyoto, Japan, 612-8501 | http://www.kyocera.co.jp |
| Microchip Technology Inc | View profile | 22600 | 2355 West Chandler Boulevard, Chandler, AZ, United States, 85224-6199 | https://www.microchip.com |
| NXP Semiconductors NV | View profile | 34200 | 60 High Tech Campus, Eindhoven, NB, Netherlands, 5656 AG | https://www.nxp.com |
| Infineon Technologies AG | View profile | 59364 | Am Campeon 1-15, Neubiberg, Munich, Germany, 85579 | https://www.infineon.com |
| STMicroelectronics NV | View profile | 51323 | 39, Chemin du Champ des Filles, Plan-Les-Ouates, Geneva, Switzerland, 1228 | https://www.st.com |
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