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The market was valued at US$ 418.73 million in 2019 and is projected to reach US$ 668.58 million by 2027; it is expected to grow at a CAGR of 6.2% from 2020 to 2027.
North America led the global atomic clock market with 34.58% revenue share in 2019, followed by Europe and APAC. Increasing organic and inorganic strategic developments - such as product launches, and mergers and acquisitions - among the market players support the atomic clock market growth in North America. For instance, the US government agency introduced a new atomic clock in April 2014 to enhance civilian timekeeping standards. ....

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