Press release
General-Purpose Analog IC Market 2024: Technology Trends and Growth Forecast
General-Purpose Analog IC Market 2024
According to The Business Research Company's, The general-purpose analog integrated circuit (IC) market size has grown strongly in recent years. It will grow from $28.66 billion in 2023 to $30.41 billion in 2024 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to increasing demand in consumer electronics, advancements in automotive electronics, growth in industrial automation, rising adoption of IoT devices, expansion of wireless communication infrastructure, need for efficient power management solutions, and continuous innovation in healthcare electronics.The general-purpose analog integrated circuit (IC) market size is expected to see strong growth in the next few years. It will grow to $38.78 billion in 2028 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to advancements in automotive electronics, growing demand for consumer electronics, increasing industrial automation, rising adoption of IoT devices, expansion of telecommunications infrastructure, development of renewable energy solutions, and advancements in healthcare technologies. Major trends in the forecast period include a rise in integration with AI applications, an increase in demand for power-efficient designs, growth in automotive electronics, expansion in IoT connectivity, advancements in sensor technologies, a shift towards miniaturization, and a heightened focus on cybersecurity features.
Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/general-purpose-analog-integrated-circuit-ic-global-market-report
Market Drivers and Trends:
The increasing automation in the automotive industry is expected to propel the growth of the general-purpose analog integrated circuits (ICs) market going forward. Automation in the automotive industry refers to the adoption of advanced technologies and robotics to automate tasks traditionally performed by human operators, aiming to enhance operational efficiency, safety, and production capabilities. The automobile industry is becoming more automated due to advances in artificial intelligence, machine learning, and robotics, which enable higher precision, faster production rates, lower labor costs, and increased car quality and durability. General-purpose analog integrated circuits (ICs) aid in automation within the automotive industry by providing crucial functionalities such as processing sensor signals, managing power distribution, and controlling automated systems such as autonomous driving, adaptive cruise control, and advanced driver assistance systems (ADAS). For instance, in July 2023, according to a report published by the International Federation of Robotics, a Germany-based organization for robotics research, the annual robot installation globally in the automotive industry increased from 84,000 units in 2020 to 119,000 in 2021, with industrial robots ranging at 42%. Therefore, the increasing automation in the automotive industry is driving the growth of the general-purpose analog integrated circuits (ICs) market.
Major companies operating in the general-purpose analog integrated circuit (IC) market are developing advanced IC's such as low-dropout (LDO) voltage regulators to minimize power consumption, which is critical for extending the operational lifespan. A low-dropout (LDO) voltage regulator is a type of linear regulator that produces a stable output voltage with a low voltage drop between the input and output, making it ideal for applications that require close alignment of input and output voltages, such as portable electronics and low-power equipment. For instance, in January 2023, Nisshinbo Micro Devices Inc., a Japan-based semiconductor company, launched the NR1600 series. These regulators are designed to offer consistent output voltages with little dropout, making them ideal for various consumer and industrial applications requiring precision voltage regulation. The NR1600 series has features such as configurable output voltage settings, soft-start time modification, power-good monitoring, and several trim packaging options to meet various application requirements.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=18372&type=smp
Major Key Players of the Market:
Panasonic Corporation, Broadcom Inc., Texas Instruments Incorporated, STMicroelectronics N.V., Infineon Technologies AG, NXP Semiconductors N.V., Analog Devices Inc., Renesas Electronics Corporation, ON Semiconductor Corporation (ON semi), Microchip Technology Incorporated, Skyworks Solutions Inc., ROHM Co. Ltd., Vishay Intertechnology Inc., Nexperia B.V., Diodes Incorporated, Sanken Electric Co. Ltd., MaxLinear Inc., Semtech Corporation, Exar Corporation, Toshiba Electronic Devices & Storage Corporation
General-Purpose Analog Integrated Circuit (IC) Market 2024 Key Insights:
• The general-purpose analog integrated circuit (IC) market size is expected to see strong growth in the next few years. It will grow to $38.78 billion in 2028 at a compound annual growth rate (CAGR) of 6.3%.
• Impact Of Automation In The Automotive Industry On General-Purpose Analog Integrated Circuits (ICs) Market
• Advances In Low-Power Technologies Focus On Low-Dropout (LDO) Voltage Regulators
• North America was the largest region in the general-purpose analog integrated circuit (IC) market in 2023
We Offer Customized Report, Click @
https://www.thebusinessresearchcompany.com/customise?id=18372&type=smp
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ "
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release General-Purpose Analog IC Market 2024: Technology Trends and Growth Forecast here
News-ID: 3666746 • Views: …
More Releases from The Business research company
Evolving Market Trends In The Integrated Geophysical Services Industry: Enhancin …
The Integrated Geophysical Services Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Integrated Geophysical Services Market Size During the Forecast Period?
The integrated geophysical services market has experienced consistent growth in recent years, expected to rise from $2.35 billion in 2024 to…
Global HR Advisory Services Market: Key Trends, Market Share, Growth Drivers, An …
The HR advisory services market report describes and explains the HR advisory services market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global HR advisory services market reached a value of nearly $155.74 billion in 2024, having grown at a compound annual growth rate (CAGR) of 4.22% since…
High Voltage Aluminium Electrolytic Capacitors Global Market Report 2025: Size, …
The high voltage aluminum electrolytic capacitors report describes and explains the high voltage aluminum electrolytic capacitors market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global high voltage aluminum electrolytic capacitors market reached a value of nearly $4.10301 billion in 2024, having grown at a compound annual growth…
Global Vertical Market Software Market: Key Trends, Market Share, Growth Drivers …
The vertical market software report describes and explains the vertical market software market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global vertical market software market reached a value of nearly $152.61027 billion in 2024, having grown at a compound annual growth rate (CAGR) of 12.11% since 2019.…
More Releases for Analog
Analog Ingenuity: Unveiling the Evolution and Potential of the Analog IC Market
The goal of the Analog Ic Market Market report is to provide a low-cost insight of the industry that has been researched utilizing both primary and secondary sources. This Analog Ic Market report's primary objective is to provide a broad analysis and strategic analysis of the parent industry. The research comprehensively analyzes each segment as well as any associated sub-segments that are present in the market. By analyzing the market's…
Global Analog Integrated Circuits (ICs) Market 2020 Business Strategies – STMi …
The market report titled “Analog Integrated Circuits (ICs) Market for Consumer Electronics, Automotive, IT & Telecommunications, Medical & Healthcare and Other Applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2016-2022” and published by Zion Market Research will put forth a systematizedevaluation of the vital facets of the global Analog Integrated Circuits (ICs) Market market. The report willfunction as a medium for the better assessment of the existing and future situations…
Global Analog To Digital Converter Market 2020 Business Strategies – Analog De …
The Zion Market Research added a new report “Analog To Digital Converter Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024” in its database, which provides an expert and in-depth analysis of key business trends and future market development prospects, key drivers and restraints, profiles of major market players, segmentation and forecasting.
Analog To Digital Converter Market Market research report which provides an in-depth examination of the market scenario…
Global Digital-analog Converters Market Survey 2018: Key Players- Pipeline Digit …
Digital-analog Converters Market Overview:
The research report on Global Digital-analog Converters Market presents the readers with market overview and definitions, segmentation, applications, raw materials used, product specifications, cost structures, manufacturing processes, and so on. The report analyzes the global market scenario, including the product pricing, production and consumption volume, cost, price, value, volume, capacity, supply, demand, market growth rate, and forecasts till 2025.
This report presents the worldwide Digital-analog Converters market size (value,…
Ds Modulators Help In Reducing The Analog Of Analog Circuitry
Delta-Sigma or DS are devices that support low-to-medium speed and high resolution applications. The delta sigma modulator is highly acknowledged as a delta sigma converter. DS modulators help in reducing the analog of analog circuitry used in the converter along with an additional advantage of high speed analog circuits. A delta- sigma consists of a modulator in connection with a decimation filter and is regarded as one of the most…
Analog IC Market Is Thriving Worldwide with Qualcomm Technologies, STMicroelectr …
HTF MI recently introduced Global Analog IC Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Qualcomm Technologies, STMicroelectronics, Analog Devices, Infineon Technologies, NXP Semiconductors, Maxim Integrated,…
