Transparency Market Research delivers key insights on the global real-time clock (RTC) IC market. In terms of revenue, the global real-time clock IC market is estimated to expand at a CAGR of ~4% during the forecast period, owing to numerous factors, regarding which, TMR offers thorough insights and forecasts in its report on the global real-time clock IC market. A real-time clock IC is a type of IC that works as a clock in various devices. Real-time clock ICs offer the time in terms of year (including leap year), months, days, hours, minutes, and seconds. These ICs are available in 12-hour and 24-hour time formats, with an AM/PM display. Real-time clock ICs are lowcurrent devices that can sustain for years on a single lithium cell. RTC ICs run on a lithium cell that keeps a track of the time even if it is disconnected from the main power. For example, IC DS1307 by Maxim Integrated offers time in terms of decade (around 17 years). RTC ICs are used in several applications such as wearable devices, computers, IoT (Internet of Things) devices, digital cameras, battery management units, and vehicle dashboards. In the healthcare sector, real-time clock ICs are applied in fitness bands, medicine dispensers, glucometers, and other devices that need to keep a track of time. Request Brochure- https://www.transparencymarketresearch.com/sample/sample.php? flag=B&rep_id=59367 In this report, TMR proposes that, real-time clock ICs are estimated to witness technological advancements in the near future. Rising demand for standalone real-time clock ICs for use in low-power IoT devices is the key factor driving the demand for real-time clock ICs across the globe. Also, technological advancements in real-time clock ICs are expected to drive the global real-time clock IC market from 2019 to 2027. Over the last few years, the consumer electronics industry in prominent countries of Asia Pacific and North America has witnessed significant demand for real-time clock ICs. Tear-time clock IC market players are introducing advanced ICs that are suitable for use in automotive, healthcare and industrial applications. In addition to this, increasing demand in the healthcare sector for use in patient-monitoring devices and fitness bands is expected to further drive the global real-time clock IC market during the forecast period. However, limitations in terms of accuracy in timekeeping are likely to adversely impact the global real-time clock IC market in the next few years. Enquiry Before Buying- https://www.transparencymarketresearch.com/sample/sample.php? flag=EB&rep_id=59367 Global Real-time Clock IC Market: Prominent Regions The real-time clock IC market in Asia Pacific is estimated to witness prominent growth in the next few years, as manufacturers in the region offer advanced real-time clock ICs. The RTC IC market in the region is expected to expand significantly during the forecast period, primarily due to the increasing adoption of these ICs in the consumer electronics industry in the region. Real-time clock IC market players in the region are introducing advanced products with added features. The new RV-8063-C7 IC by Golledge Electronics Ltd comes with multiple additional features such as automatic leap year calculation, programmable offset register, and minute and half-minute interrupts. Key manufacturers operating in the global real-time clock IC market are displaying synergies through collaborations with distributor companies and raw material suppliers for the areas of sales, marketing, and production. Manufacturers of RTC ICs are also expanding through organic methods, such as increase in production capacity, so as to meet the rising demand for real-time clock ICs.
Get COVID-19 Analysis- https://www.transparencymarketresearch.com/sample/sample.php? flag=covid19&rep_id=59367 Global Real-time Clock IC Market: Key Players Key players operating in the global RTC IC market are Maxim Integrated Products, Inc., Seiko Epson Corp., Integrated Device Technology, Inc., STMicroelectronics International N.V., Microchip Technology Inc., NXP Semiconductors N.V., Diodes Incorporated, Texas Instruments Incorporated, Ricoh Semiconductor, Abracon LLC, ROHM CO., LTD, Cypress Semiconductor Corporation, and ABLIC Inc. More Trending Reports by Transparency Market Research – Smart Textile Market: Manufacturers gain from integration of vast computing power into smart textiles to boost functionality of wearable for various applications in the smart textile market. For instance, integration of Bluetooth Low Energy (BLE) and edge computing with user-friendly sensors is opening new frontiers in health, medicine, education, and entertainment. About Us Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information. Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. Contact Rohit Bhisey Transparency Market Research 90 Sate Street, Suite 700, Albany, NY 12207 USA – Canada Toll Free: 866-552-3453 Email: sales@transparencymarketresearch.com Website: https://www.transparencymarketresearch.com/