Photo Couplers Market to Witness an Outstanding Growth During  2018 - 2028

Global Photo couplers Market: Introduction
A photo coupler is an electronic device which is used for the transmission of electric signals by the use of light between two circuits. So the photo couplers are the passive optical components which are used to split or combine the transmission data from optical fibers. The main purpose of the photo couplers is to prevent the damaging of components on one side of the circuit caused due to distorting transmission of the high voltages or frequently changing voltages on the other side of the circuit. The photo couplers consists of the light sensitive receiver that is a single photo diode, photo-resistor, photo-SCR, photo-transistor, or a photo-TRIAC and a light emitter, the LED. So the photo couplers contains the light source such as an LED which converts electrical signal into the light, this light then travels through a closed optical channel and a photo sensor, which detects the incoming light and generates electric energy directly or it will modulate the electric current flowing from an external power supply. The photo couplers are basically used for AC and DC power control, signal isolation, PC communications, power supply regulation and microprocessor input/output switching.
Global Photo couplers Market: Drivers and Challenges
The photo couplers forms an integral part of the automation process and there is an increase in automation in the manufacturing sector which is one of the key factors driving the growth of the photo couplers market during the forecast period. Moreover, in emerging countries, growth is seen in the industrial and automotive sector, which is one more factor driving the growth of the photo couplers market. The photo couplers are used in the Hybrid Electric Vehicles (HEVs) and the rise in demand of such vehicles is another factor fueling the growth of the photo couplers market. The photo couplers are also used in the motor derives and renewable energy systems, also the renewable energy sources such as wind turbine inverters and solar inverters are gaining importance sue to depletion of non-renewable energy sources, hence these factors have boosted demand and growth of the renewable energy across the globe. This has also benefited for the growth of the photo couplers market.
There is an intrinsic wear out of the photo couplers components which is anticipated to restrain the growth of the photo couplers market during the forecast period. Moreover, the photo couplers provide low data rates and have high power consumption, which is another factor restricting the growth of the photo couplers market.
Global Photo couplers Market: Segmentation
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The photo couplers market can be segmented on the basis of product type, pin type, end user and region.
The photo couplers market segmentation by product type,
• Phototransistor Photo couplers
• High Performance Photo couplers
• Phototriac Photo couplers
• Others
The photo couplers market segmentation by pin type,
• 4 Pin
• 5 Pin
• 6 Pin
• 7 Pin and above
The photo couplers market segmentation by end user,
• Industrial
• Consumer Electronics
• Telecommunication
• Automotive
• Others
Global Photo couplers Market: Competition Landscape
Key Developments
In April 2017, Maxwell Technologies, Inc., a developer and manufacturer of capacitive energy storage and power delivery solutions, completed acquisition of Nesscap Energy, Inc., a technology provider for cells & modules for industrial applications. With this acquisition Maxwell Technologies, Inc. will be able to deliver more products and technologies faster to our global customer base.
Key Vendors
Examples of some of the market participants in the global photo couplers market identified across the value chain include Broadcom Limited, Toshiba Corporation, ON Semiconductors, Renesas Electronics Corporation, Maxwell Technologies, Vishay Intertechnology and Isocom Limited.
Global Photo couplers Market: Regional Outlook
The photo couplers market can be segmented into North America, Latin America, Europe, East Asia, South Asia, Oceania and Middle East & Africa (MEA).
North America is accounted for the maximum market share and with the increasing use of internet for social media, video chatting, online gaming, and online shopping, the communication industry is growing in North America. Hence North America will continue to dominate the photo couplers market during the forecast period.
The demand in East Asia is anticipated to grow significantly during the forecast period due to increasing demand of photo couplers in motor control, industrial robots, and power supplies.
The report covers exhaustive analysis on,
• Market Segments
• Market Dynamics
• Historical Actual Market Size, 2013 - 2017
• Market Size & Forecast 2018 to 2028
• Value Chain
• Market Current Trends/Issues/Challenges
• Competition & Companies involved
• Market Drivers and Restraints
Regional analysis for the global Photo couplers market includes:
• North America Photo couplers market
o U.S.
o Canada
• Latin America Photo couplers market
o Mexico
o Brazil
o Rest of Latin America
• Europe Photo couplers market
o Germany
o France
o U.K.
o Spain
o Italy
o Poland
o Russia
o Rest of Western Europe
• East Asia Photo couplers market
o Japan
o China
o South Korea
• South Asia Photo couplers market
o India
o Thailand
o Indonesia
o Malaysia
o Rest of South Asia
• Oceania Photo couplers market
o Australia
o New Zealand
• Middle East and Africa Photo couplers market
o GCC Countries
o North Africa
o South Africa
o Rest of MEA
The report is a compilation of first-hand information, qualitative & quantitative assessment by industry analysts, as well as inputs from industry experts & industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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