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Operational Amplifier Market is set to garner staggering revenues by 2025
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An operational amplifier is an integrated circuit that operates as a voltage amplifier. Moreover an operational amplifier is known as an instrumentation amplifier. Its greatest use is in Instrumentation as a PID/PI controller and operational amplifier is the basic component in all the instruments due to its versatile applications.
Operational Amplifier market: Drivers and Challenges
The major growth drivers of the Operational Amplifier market include increasing demand of sensors and transducers, increasing demand of connected devices and increasing adaptation of battery-powered products. In addition, Growth of automation will drive the growth of Operational Amplifier market. Increasing demand from electronics and semiconductor industry have led to growth of the Operational Amplifier across the globe.
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Customers' demand for lower current consumption can create quite a challenge for Operational Amplifier market. worldwide financial uncertainty and macroeconomic situations such as currency exchange rates and economic difficulties are some of the major factors which are hindering the growth of Operational Amplifier Market.
Key Players
Some of the major players in Global Operational Amplifier Market are Texas Instruments, STMicroelectronics, ON Semiconductor, API Technologies Corp, Analog Devices, Fairchild Semiconductor, NXP Semiconductors, KEC (Korea Electronics), Cirrus Logic and Maxim Integrated
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