Analog-to-Digital Converters Market Size 2022, Top Companies Overview, Share, Growth, Report, Trends, Analysis and Forecast till 2027

The latest research study "Analog-to-Digital Converters Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" by IMARC Group, finds that the global analog-to-digital converters market reached a value of US$ 2.38 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 3.33 Billion by 2027, exhibiting a CAGR of 5.40% during 2022-2027.

Analog-to-digital converters, or ADCs, are electronic devices designed to convert analog signals into digital or binary forms that can be read and processed by microcontrollers. They work by converting the signals directly from continuous to discrete form. They are widely used in sensors and control and monitoring systems to generate analog output voltages. They are also utilized in medical devices, such as X-Ray and magnetic resonance imaging (MRI), to convert images from analog to digital for processing. Nowadays, manufacturers are offering ADCs in high-precision variants with enhanced speed and resolution.

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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Analog-To-Digital Converters Market Trends and Drivers:

The global analog-to-digital converters market is primarily driven by the surging number of mobile phone users and the rising penetration of music streaming services, such as Spotify, Apple Music, and YouTube Music.

Additionally, there has been widespread adoption of ADCs in digital oscilloscopes used in the automotive sector for troubleshooting inconsistencies and potential problems in the sensors, actuators, ignition systems, and communication data stream. Besides this, the increasing usage of connected motorcycles due to the growing need for enhanced driver safety and comfortable riding experiences has augmented the product demand.

Furthermore, the rising incidences of chronic diseases have escalated the need for medical imaging techniques, thus accelerating the application of ADCs in the healthcare industry. Other factors, including the advent of Industry 4.0, emerging precision manufacturing trends, technological advancements and rapid digitization, are also anticipated to catalyze the market growth.

Global Analog-To-Digital Converters Market 2022-2027 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Advanced Micro Devices Inc., Analog Devices Inc., Asahi Kasei Corporation, Cirrus Logic Inc., Microchip Technology Inc., National Instruments Corporation, NXP Semiconductors N.V., onsemi, Renesas Electronics Corporation, Rohm Co. Ltd., STMicroelectronics and Texas Instruments Incorporated.

The report has segmented the market on the basis of region, product type, resolution and application.

Breakup by Product Type:
• Pipelined ADC
• Integrating ADC
• Successive Approximation ADC
• Delta-Sigma ADC
• Others

Breakup by Resolution:
• 8-bit
• 10-bit
• 12-bit
• 14-bit
• 16-bit

Breakup by Application:
• Consumer Electronics
• IT and Telecommunication
• Automotive
• Others

Breakup by Region:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa

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If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

Key highlights of the report:
• Market Performance (2016-2021)
• Market Outlook (2022- 2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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This release was published on openPR.