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The latest report by IMARC, titled “ Analog-to-DigitalConvertersMarket:GlobalIndustryTrends,Share,Size,Growth,OpportunityandF orecast2023-2028
” finds that the global analog-to-digital converters market size reached US$ 2.6 Billion in 2022.
Analog-to-digital converters refer to electronic integrated circuits (ICs) that are used to measure and convert an input analog signal to a digital form. These digital signals can be read and processed by a microcontroller and are extensively used in control and monitoring systems and sensors to manufacture analog output voltages. In recent years, analog-to-digital converters have gained traction as manufacturers worldwide are providing precision devices with high speed and resolution in a range of packaging options for communication, industrial, enterprise, and personal electronics applications. Request Free Sample Report: https://www.imarcgroup.com/analog-to-digital-converters-market/requestsample
One of the primary factors driving the market is the rising number of mobile phone subscribers. Additionally, the growing popularity of music streaming services, such as Amazon Music Unlimited, Spotify, Apple Music, and YouTube Music are creating a positive market outlook. Other than this, ADC is used in digital oscilloscopes, which find widespread application in the automotive industry to troubleshoot inconsistencies and potential problems in the ignition systems, sensors actuators, solenoids, and communication data stream, thereby positively influencing the market growth. Besides this, the growing focus on driver safety and increasing preferences for a comfortable and safe riding experience are escalating the sales of connected motorcycles, thereby augmenting the demand for oscilloscopes and ADC.
In line with this, analog-to-digital converters are used in medical devices, such as x-ray and magnetic resonance imaging (MRI), to convert images from analog to digital before alteration. Furthermore, the emergence of the Fourth Industrial Revolution (Industry 4.0) emergence, in confluence with the emerging trend of precision manufacturing, is propelling the market growth. Looking forward, IMARC Group expects the market value to reach US$ 3.5 Billion by 2028, expanding at a CAGR of 5.01% during the forecast period (2023-2028).
Looking forward, the market value is projected to reach a strong growth during the forecast period (2023-2028).
MarketSummary:
BreakupbyProductType:
• Pipelined ADC
• Integrating ADC
• Successive Approximation ADC
• Delta-Sigma ADC
• Others
BreakupbyResolution:
• 8-bit
• 10-bit
• 12-bit
• 14-bit
• 16-bit
BreakupbyApplication:
• Consumer Electronics
• IT and Telecommunication
• Automotive
• Others
BreakupbyRegion:
• North America
• United States
• Canada
• Asia-Pacific
• China
• Japan
• India
• South Korea
• Australia
• Indonesia
• Others
• Europe
• Germany
• France
• United Kingdom
• Italy
• Spain
• Russia
• Others
• Latin America
• Brazil
• Mexico
• Others
• Middle East and Africa
CompetitiveLandscapewithKeyPlayers:
• Advanced Micro Devices Inc
• Analog Devices Inc.
• Asahi Kasei Corporation
• Cirrus Logic Inc.
• Microchip Technology Inc.
• National Instruments Corporation
• NXP Semiconductors N.V.
• onsemi
• Renesas Electronics Corporation
• Rohm Co. Ltd.
• STMicroelectronics
• Texas Instruments Incorporated.
ViewFullReportwithTOC&ListofFigure:
https://www.imarcgroup.com/analog-to-digital-converters-market
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