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.

Market Insight

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 forecast period.

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.

Segment Covered

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.

Companies Profiled:

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.

Report Highlights:

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.