A recent report published by Infinium Global Research on data converter market provides in depth analysis of segments and sub-segments in global as well as regional markets of data converter market. The study also highlights the impact of drivers, restraints and macro indicators on the global and regional markets of data converter over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global data converter market. According to report the global data converter market is projected to grow at a CAGR of 5.7% over the forecast period of 2018 - 2024.
The growth in need for power consumption data market, increase in usage of smart devices, rise in demand for high resolution images in scientific and medical applications and radio frequency sampling data converters are witnessing a significant demand in data convertor market. However, the factors restraining the growth of the market include lack of knowledge regarding where and how the needs to be utilized in smartphones and the integration of RF data convertors into FPGA and system on chip. Moreover, several companies are working to create a converter which consumes low power and so that it becomes cost effective as there is demand for data convertors in the market which is considered to be the growing opportunity for the key players in the data converter market.
The report on global data converter market covers segments such as type, industry and sampling rate. The type segments include analog-to-digital converters and digital-to-analog converters. On the basis of industry the global data converter market is categorized into consumer electronics, medical, industrial, communications, automotive and test, and measurement. Furthermore, on the basis of sampling rate the data converter market is segmented as high-speed data converters and general-purpose data converters.
The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. In this section the key trends and market size for each geography is provided over the period of 2016 – 2024. The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia and among others. Moreover, European region covers countries such as Germany, UK, France, Spain, and rest of Europe. The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-pacific region offers a substantial potential for the market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience a growth at a CAGR of x.x% over the period of 2018 - 2024.
The report provides profiles of the companies in the global data converter market such as, Texas Instruments, Analog Devices, Maxim Integrated, Avia Semiconductor, Microchip Technology, Intersil, Asahi Kasei Microdevices, Cirrus, DATEL, and IQ-Analog.
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