Insights on the Analog-to-Digital Converters Global Market to 2027 - by Product Type, Resolution, Application and Region - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jun 22, 2022--
The “Analog-to-Digital Converters Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” report has been added to ResearchAndMarkets.com’s offering.
The global analog-to-digital converters market reached a value of US$ 2.38 billion in 2021. Looking forward, the market is projected to reach a value of US$ 3.33 billion by 2027, exhibiting a CAGR of 5.40% during 2022-2027.
- Advanced Micro Devices Inc.
- Analog Devices Inc.
- Asahi Kasei Corporation
- Cirrus Logic Inc.
- Microchip Technology Inc.
- National Instruments Corporation
- NXP Semiconductors N.V.
- Renesas Electronics Corporation
- Rohm Co. Ltd.
- Texas Instruments Incorporated
Keeping in mind the uncertainties of COVID-19, the analyst is continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different End-use industries. These insights are included in the report as a major market contributor.
An analog-to-digital-converter (ADC) is an electronic circuit used to measure and covert an input analog signal to a digital form that can be read and processed by a microcontroller. It is widely utilized in control and monitoring systems and sensors to produce analog output voltages.
Nowadays, manufacturers across the globe are offering precision devices with high speed and resolution in a range of packaging options for industrial, communication, enterprise, and personal electronics applications.
The increasing number of mobile phone subscribers, in confluence with the rising popularity of music streaming services like Spotify, Apple Music, Amazon Music Unlimited and YouTube Music, represents one of the key factors bolstering the market growth.
Moreover, ADC is used in digital oscilloscopes, which find extensive application in the automotive industry to troubleshoot inconsistencies and potential problems in the ignition system, solenoids, sensors, actuators and communication data stream. This, coupled with the escalating adoption of connected motorcycles due to the growing emphasis on driver safety and the increasing preferences for a comfortable and safe riding experience, is catalyzing the demand for oscilloscopes and ADC.
Apart from this, it is incorporated in medical devices, such as magnetic resonance imaging (MRI) and x-ray, to convert images from analog to digital before alteration. In line with this, the emerging need for medical imaging techniques on account of the rising prevalence of chronic diseases is driving the application of ADC in the healthcare industry.
Besides this, the Fourth Industrial Revolution (Industry 4.0) emergence, along with the augmenting trend of precision manufacturing, is anticipated to catalyze the demand for ADC in industrial automation and offer lucrative growth opportunities to market players.
Key Questions Answered in This Report
- How has the global analog-to-digital converters market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global analog-to-digital converters market?
- What are the key regional markets?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the resolution?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global analog-to-digital converters market and who are the key players?
- What is the degree of competition in the industry?
Key Topics Covered:
2 Scope and Methodology
3 Executive Summary
4.2 Key Industry Trends
5 Global Analog-to-Digital Converters Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product Type
7 Market Breakup by Resolution
8 Market Breakup by Application
9 Market Breakup by Region
10 SWOT Analysis
11 Value Chain Analysis
12 Porters Five Forces Analysis
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/pi8yoa
View source version on businesswire.com:https://www.businesswire.com/news/home/20220622005629/en/
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SOURCE: Research and Markets
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PUB: 06/22/2022 08:39 AM/DISC: 06/22/2022 08:40 AM