Press release
Key Trend Reshaping the Analog integrated circuit (IC) Market in 2025: Innovative Wide-Body SOIC 16-Pin Hall Sensors Enhance Analog IC Market Performance
What industry-specific factors are fueling the growth of the analog integrated circuit (ic) market?The surge in electric vehicle (EV) uptake is likely to stimulate the expansion of the analog integrated circuit (ICs) market in the future. EVs, powered by electric motors and fueled by rechargeable batteries, offer a green alternative to traditional vehicles with internal combustion engines. The rise in EV use can be attributed to their ecological advantages, technological developments, and the expanding infrastructure support for charging stations. Analog ICs improve battery utilization, regulate power allocation, and boost overall energy productivity in EVs. They are also employed to decipher signals from radar and lidar systems for functionalities such as collision avoidance and adaptive cruise control. As per a July 2023 report by the International Energy Agency, an autonomous intergovernmental organization based in France, over 2.3 million EVs were sold in the first quarter of the year, marking a 25% rise from the previous year. Furthermore, by the close of 2023, sales are projected to hit 14 million, marking a 35% annual increase, with expansion pace stepping up in the year's latter half. Consequently, the rising prevalence of EVs is fueling the analog IC market's growth.
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What Is the projected market size and growth rate for the analog integrated circuit (ic) market?
The market size for analog integrated circuits (IC) has seen impressive growth in the past years. It is expected to increase from $85.78 billion in 2024 to $91.89 billion in 2025, yielding a compound annual growth rate (CAGR) of 7.1%. The surge in growth during the historical period could be linked to the expansion of consumer electronics, need for analog ICs in audio amplifiers and noise cancellation technology, along with their use in power electronics, security, and surveillance systems.
There is anticipated robust expansion in the analog integrated circuit (IC) market, with a projected value of $119.24 billion in 2029, ascending at a compound annual growth rate (CAGR) of 6.7%. This growth in the forecasted years is associated with rising electric vehicles, the implementation of smart grids, progress in quantum computing, breakthroughs in edge AI and machine learning, coupled with the growing presence of autonomous vehicles. Some evolving trends in the forecast span include the utilization of digital twin technology, amplified adoption of wireless communications, technological leaps, developments in cloud infrastructure, and advancements in semi-autonomous vehicle technology.
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What new trends are reshaping the analog integrated circuit (ic) market and its opportunities?
Leading firms in the Analog Integrated Circuit (IC) market are pioneering innovative products like low-dropout regulators to enhance power efficiency and foster the creation of more compact, dependable electronic devices. A low-dropout regulator (LDO) functions with a minimal disparity between the input and output voltage, guaranteeing stable power supply. It's especially convenient in applications where space and efficiency are paramount. To illustrate, High Power Integrated, a manufacturer from the US, introduced HL8743, an automotive low-dropout regulator, in June 2024. This was in response to the increasing needs of automotive applications, specifically for power management and current sensing. This product caters to both single and dual-channel arrangements, with a broad input voltage range between 4.5V to 40V, and provides 45V load dump protection. Each channel comes with an adjustable output voltage from 1.5V to 20V, as well as accurate current sensing capabilities for load condition monitoring, making it perfect for automotive applications like active antenna power supplies and information systems.
What major market segments define the scope and growth of the analog integrated circuit (ic) market?
The analog integrated circuit (IC) market covered in this report is segmented -
1) By Type: Application Specific Integrated Circuit (IC), General Purpose Integrated Circuit (IC)
2) By Application: Amplifiers Or Comparators, Data Convertors, Voltage Regulators, Interface Integrated Circuit (IC), Other Applications
3) By End-User: Consumer Electronics, Communication, Automotive, Industrial, Other End Users
Subsegments:
1) By Application-Specific Integrated Circuit (ASIC): Power Management ICs, Sensor ICs, Interface ICs, Motor Driver ICs, Automotive ASICs, Communications ASICs
2) By General Purpose Integrated Circuit (IC): Operational Amplifiers, Voltage Regulators, Analog-To-Digital Converters (ADCs), Digital-To-Analog Converters (DACs), Comparators, Analog Switches And Multiplexers
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Which region dominates the analog integrated circuit (ic) market?
Asia-Pacific was the largest region in the analog integrated circuit (ICs) market in 2024 and is expected to be the fastest-growing region in the forecast period. The regions covered in the analog integrated circuit (ICs) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Which key market leaders are driving the analog integrated circuit (ic) industry growth?
Major companies operating in the analog integrated circuit (ICs) market are Avnet Inc., Texas Instruments Incorporated, STMicroelectronics NV, Infineon Technologies AG, NXP Semiconductors NV, Analog Devices Inc., Renesas Electronics Corporation, ON Semiconductor, Micrel Semiconductor Inc., Microchip Technology Inc., Skyworks Solutions Inc., Marvell Technology Inc., Diodes Incorporated, Cirrus Logic Inc., Microsemi Corporation, Integrated Device Technology Inc., Semtech Corporation, Exar Corporation, Pericom Semiconductor Corporation, Richtek Technology Corporation
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What Is Covered In The Analog integrated circuit (IC) Global Market Report?
•Market Size Forecast: Examine the analog integrated circuit (ic) market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the analog integrated circuit (ic) market for a structured understanding.
•Key Players Overview: Analyze major players in the analog integrated circuit (ic) market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the analog integrated circuit (ic) market.
•Segment Contributions: Evaluate how different segments drive overall growth in the analog integrated circuit (ic) market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the analog integrated circuit (ic) market.
•Industry Challenges: Identify potential risks and obstacles affecting the analog integrated circuit (ic) market.
•Competitive Landscape: Review strategic developments in the analog integrated circuit (ic) market, including expansions, agreements, and new product launches.
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