Press release
Analog-to-Digital Converters Market Size to Reach $3,175.04 Million by 2023 | Analog Devices, Microchip Technology, Sony Maxim Integrated, Adafruit Industries, Texas Instruments Incorporated, Asahi Kasei Microdevices, Renesas Electronics Corp, National In
Analog to Digital Converters Market
The key players profiled in the report include Analog Devices, Inc., Microchip Technology Inc., Sony Corporation, Maxim Integrated, Adafruit Industries, Texas Instruments Incorporated, Asahi Kasei Microdevices Co., Renesas Electronics Corporation, National Instruments, and Diligent Inc.
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An analog-to-digital converter (ADC) is an electronic component that accepts analog (continuous) input and transforms it into digital (discrete) output. The market is driven by increase in technological advancements and surge in disposable income of individuals. However, the design complexity design of the ADC device restricts the market growth.
At present, Asia-Pacific dominates this market, followed by North America. In 2016, China dominated the Asia-Pacific market; similarly, U.S. led the overall market in North America in the same year. The rest of Europe, excluding UK, Germany, and France, currently dominates the European analog-to-digital converters market.
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In 2019, the delta-sigma ADC segment dominated the product segment, in terms of revenue. Furthermore, based on application, consumer electronics led the global market in 2016. However, the industrial application segment is expected to register the highest CAGR throughout the forecast period.
Effect of Covid-19 on Analog-to-Digital Converters Market
The utility-claimed portion is basically being driven by expanding money related motivators and administrative backings from the legislatures universally. The present utility-possessed Analog-to-Digital Converters Market are influenced principally by the COVID-19 pandemic. The greater part of the ventures in China, the US, Germany, and South Korea are postponed, and the organizations are confronting momentary operational issues because of gracefully chain requirements and absence of site access because of the COVID-19 episode. Asia-Pacific is foreseen to get profoundly influenced by the spread of the COVID-19 because of the impact of the pandemic in China, Japan, and India. China is the epic focus of this deadly illness.
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Key Benefits for Stakeholders:
o This study comprises analytical depiction of the global analog-to-digital converters market with current trends and future estimations to depict the imminent investment pockets.
o The overall market potential is determined to understand the profitable trends to gain a stronger foothold.
o The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
o The current market is quantitatively analyzed from 2017 to 2023 to highlight the financial competency of the market.
o Porter's Five Forces analysis illustrates the potency of the buyers and suppliers in the industry.
Analog-to-Digital Converters Market Key Segments:
By Product
o Pipelined ADC
o Integrating ADC
o Successive Approximation ADC
o Delta-sigma ADC
o Others (Ramp ADC/Flash ADC)
By Application
o Consumer Electronics
o Industrial
By Region
o North America
o U.S.
o Canada
o Mexico
o Europe
o UK
o Germany
o France
o Rest of Europe
o Asia-Pacific
o China
o Japan
o India
o Australia
o Rest of Asia-Pacific
o LAMEA
o Latin America
o Middle East
o Africa
Key Market Players Profiled
o Analog Devices, Inc.
o Microchip Technology Inc.
o Sony Corporation
o Maxim Integrated
o Adafruit Industries
o Texas Instruments Incorporated
o Asahi Kasei Microdevices Co.
o Renesas Electronics Corporation
o National Instruments
o Diligent Inc.
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About Us
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.
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