Press release
Digital Potentiometer Market Demand and Scope Analysis to 2026 by Key Players | Renesas Electronics Corp, Texas Instruments, Maxim Integrated, Microchip Technology Inc
Introduction to Digital potentiometer:Digital potentiometer is a digital device used to measure electromotive force by balancing it against the potential difference. It also provides features of shutdown mode and programmable pre-set position upon power-on for the wiper.
Digital potentiometer finds its application in sensor trimming and calibration, for level adjustments in automotive electronics and in programmable power supplies, filters, time constants, or delay values instrumentation, for adjustable gain amplifiers, audio level control, to match line impedance, in optical network and the making of rheostat.
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The digital potentiometer is used in various industrial verticals like instrumentation, communication, home appliances, and automotive products. These benefits are anticipated to boost the digital potentiometer market growth.
Top 3 Growth Driving Factors of the digital potentiometer
1. The advantage of protection against impact from external factor and increased adoption of digital devices drive the digital potentiometer market growth.
2. The mechanical potentiometer has tendency to break or get adversely affected by external factors such as vibrations whereas, digital potentiometer are encapsulated that protects them from environmental factor.
3. The introduction of IoT and AI is expected to penetrate in almost all industrial verticals, thus increasing the use of digital devices which would require the integration of digital potentiometer.
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Major Industry Players in Digital Potentiometer
The key players in the digital potentiometer industry are Analog Device, Freescale semiconductor, Renesas Electronics Corporation, Texas Instruments, Maxim Integrated, Microchip Technology Inc., ON Semiconductor, Parallax Inc, Renesas Electronics Corporation, and Vsi Electronics Pvt. Ltd.
Digital Potentiometer Market Segmentation
The digital potentiometer market is segmented on the basis of type, application, industrial vertical, and region.
On the basis of type, it is divided into 5-byte, 6-byte, 7-byte, 8-byte, and 10-byte. On the basis of application, it is classified into audio control, television, motion control, transducer, computation, and others. Based on industrial vertical, it is categorized into consumer electronics, telecommunication, research & development, automotive, aerospace & defense, and others. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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KEY BENEFITS FOR STAKEHOLDERS
1. This study includes the analytical depiction along with the current digital potentiometer market trends and future estimations to determine the imminent investment pockets.
2. The report presents information regarding the key drivers, restraints, and opportunities which are influencing the global digital potentiometer market growth.
3. The current market is quantitatively analyzed from 2018 to 2026 to highlight the financial competency of the digital potentiometer industry.
4. Porter's five forces analysis illustrates the potency of the buyers and suppliers in the global digital potentiometer market.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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