According to the global analog-to-digital converters market report by IMARC Group, the market reached a value of US$ 2.38 Billion in 2021, and it is projected to reach a value of US$ 3.33 Billion by 2027, exhibiting a CAGR of 5.40% during 2022-2027.
An analog-to-digital converter (ADC) is an electronic circuit that allows micro-processor-controlled circuits to measure and convert input analog signals to digital or binary forms consisting of 1s and 0s. Some commonly available analog-to-digital converters include Ramp type ADC, dual slope type ADC, integrating type ADC, flash ADC, successive approximation ADC, and Delta-sigma ADC. It is extensively used in controlling and monitoring systems and sensors to generate analog output voltages. It also provides several benefits, such as cost-effectiveness, high resolution, high speed, and reliability. At present, ADC is utilized across communication and personal electronics industries across the globe.
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Analog-To-Digital Converters Market Trends and Drivers:
The market is primarily driven by the rising number of mobile phone subscribers and the growing popularity of music streaming services like Apple Music, Amazon Music Unlimited, YouTube Music, and Spotify. Moreover, ADC is deployed in digital oscilloscopes, which are used in the automotive sector to troubleshoot inconsistencies and potential troubles in the sensors, actuators, ignition systems, solenoids, and communication data stream.
This, coupled with the increasing adoption of connected motorcycles on account of the rising emphasis on driver safety and comfortable and safe riding experience, is accelerating the demand for oscilloscopes and ADC across the globe.
Besides this, the rising adoption of medical devices, such as magnetic resonance imaging (MRI) and x-ray, to convert images from analog to digital before the alteration due to the rising prevalence of chronic diseases is positively influencing the market growth. Furthermore, the emergence of the Fourth Industrial Revolution (Industry 4.0) and the increasing trend of precision manufacturing are also creating a positive market outlook.
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Global Analog-To-Digital Converters Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Analog-To-Digital Converters Companies:
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 and Texas Instruments Incorporated.
The report has segmented the market on the basis of region, product type, resolution and application.
Breakup by Product Type:
- Pipelined ADC
- Integrating ADC
- Successive Approximation ADC
- Delta-Sigma ADC
- Others
Breakup by Resolution:
- 8-bit
- 10-bit
- 12-bit
- 14-bit
- 16-bit
Breakup by Application:
- Consumer Electronics
- IT and Telecommunication
- Automotive
- Others
Breakup by Region:
- 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
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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