Press release
RS485 Transceiver Market Size, Revenue Share, Insights & Future Outlook
RS485 Transceiver Market SizeThe global market for RS485 Transceiver was valued at US$ 155 million in the year 2024 and is projected to reach a revised size of US$ 167 million by 2031, growing at a CAGR of 1.1% during the forecast period.
Global key players of RS485 transceiver include Texas Instruments, Renesas Electronics Corporation, Analog Devices, AMAZING Microelectronic, MaxLinear, etc.
The top three players hold a share over 60%.
China is the largest producer, has a share about 29%.
In terms of product type, Half-Duplex is the largest segment, occupied for a share of 58%, and in terms of application, factory automation and control has a share about 45 percent.
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By Type
• Half-Duplex RS485 Transceiver
• Full-Duplex RS485 Transceiver
By Application
• Factory Automation and Control
• Solar Inverter
• Motor Drives
• Protection Relay
Key Companies
Texas Instruments, Renesas Electronics Corporation, Analog Devices, AMAZING Microelectronic, MaxLinear, Skyworks Solutions, STMicroelectronics, Union Semiconductor, HANSCHIP Semiconductor Co, WuHan AnalogTek TECHNOLOGY, 2PAI Semiconductor (Shanghai) Co
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