A recent report published by
Infinium Global Research on analog-to-digital converter market provides
in-depth analysis of segments and sub-segments in the global as well as regional
analog-to-digital converter market. The study also highlights the impact of
drivers, restraints, and macro indicators on the global and regional
analog-to-digital converter market over the short term as well as long term.
The report is a comprehensive presentation of trends, forecast and dollar
values of the global analog-to-digital converter market. According to the report,
the global analog-to-digital converter market is projected to grow at a CAGR of
6.9% over the forecast period of 2021-2027, growing from nearly USD 3.3 billion
in 2021 to about USD 5 billion in 2027.
Advancements in the field of
electronics have revolutionized the various industries and the equipment used
for different applications. As technology develops, the data is increasingly
being stored in digital form. The raw data is generally available in analog
forms such as sound, images, numbers, and letters. The analog data needs to be
converted into digital format such as bits in order to store it electronically.
This is done by devices known as analog-to-digital converters (ADC). ADC is
widely used for various applications including instrumentation, sensory-based
systems, measurement and control systems, and communication systems. By
adopting ADC, organizations are able to digitalize their businesses and
streamline their business operations. Moreover, players in the ADC market are
developing innovative products to consolidate their position in the market.
The growing adoption of
technologically advanced data acquisition systems is majorly driving the ADC
market growth. Most of the data is available in analog format. The data
acquisition systems convert the available analog data into digital format with
the help of ADC in order to store it. Moreover, increasing digitization across
various sectors is further augmenting the use of ADC. Several organizations are
digitizing their businesses by converting the business data into digital
format. The business processes become more efficient and streamlined by the
digitization of the data. However, the complex design of ADC and the data
breach threats are anticipated to hamper the growth of the market. The
emergence of advanced technologies is propelling the demand for the
analog-to-digital converter market over the forecast period. The growing
implementation of technologies such as Industry 4.0, Artificial Intelligence,
and the Internet of Things is predicted to boost the market growth over the
In terms of geography, the North
American region accounted for the largest share in the global analog-to-digital
converter market. The high adoption of advanced technologies is propelling the
analog-to-digital converter market growth in this region. Moreover, the
favorable government policies and increasing higher digitization of various
businesses are further augmenting the market growth in this region.
Asia-Pacific region is expected to project the fastest growth in the
analog-to-digital converter market. The increase in investments and
digitization is boosting the growth in the Asia-Pacific region. Furthermore,
the technological advancement in the automotive industry is further propelling
the analog-to-digital converter market in Asia-Pacific.
The report on global
analog-to-digital converter market covers segments such as product, and
application. On the basis of product, the sub-markets include delta-sigma ADC,
integrating ADC, pipelined ADC, successive approximation ADC, and others. On
the basis of application, the sub-markets include consumer electronics, industrial,
automotive, healthcare, and others.
The report provides profiles of
the companies in the market such as Analog Devices, Inc., Asahi Kasei
Microdevices Corporation, Cirrus Logic Inc., Diligent Inc., Microchip Technology
Inc., National Instruments Corporation, Rohm Co., Ltd., Sony Corporation,
STMicroelectronics International N.V., and Texas Instruments Inc.
The report provides deep insights
into the demand forecasts, market trends, and micro and macro indicators. In
addition, this report provides insights into the factors that are driving and
restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis
given in the report brings an insight into the investment areas that existing
or new market players can consider. The report provides insights into the
market using analytical tools such as Porter's five forces analysis and DRO
analysis of analog-to-digital converter market. Moreover, the study highlights
current market trends and provides forecast from 2021-2027. We also have
highlighted future trends in the market that will affect the demand during the
forecast period. Moreover, the competitive analysis given in each regional
market brings an insight into the market share of the leading players.