Analog-to-Digital Converters Market Report by Product Type (Pipelined ADC, Integrating ADC, Successive Approximation ADC, Delta-Sigma ADC, and Others), Resolution (8-Bit, 10-Bit, 12-Bit, 14-Bit, 16-Bit), Application (Consumer Electronics, IT and Telecommunication, Automotive, and Others), and Region 2024-2032
The global analog-to-digital converters market size reached USD 2.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach USD 4.0 Billion by 2032, exhibiting a growth rate (CAGR) of 4.5% during 2024-2032.
Report Attribute
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
USD 2.7 Billion
Market Forecast in 2032
USD 4.0 Billion
Market Growth Rate 2024-2032
4.5%
An analog-to-digital-converter (ADC) is an electronic circuit used to measure and covert an input analog signal to a digital form that can be read and processed by a microcontroller. It is widely utilized in control and monitoring systems and sensors to produce analog output voltages. Nowadays, manufacturers across the globe are offering precision devices with high speed and resolution in a range of packaging options for industrial, communication, enterprise, and personal electronics applications.
Analog-to-Digital Converters Market Trends:
The increasing number of mobile phone subscribers, in confluence with the rising popularity of music streaming services like Spotify, Apple Music, Amazon Music Unlimited and YouTube Music, represents one of the key factors bolstering the market growth. Moreover, ADC is used in digital oscilloscopes, which find extensive application in the automotive industry to troubleshoot inconsistencies and potential problems in the ignition system, solenoids, sensors, actuators and communication data stream. This, coupled with the escalating adoption of connected motorcycles due to the growing emphasis on driver safety and the increasing preferences for a comfortable and safe riding experience, is catalyzing the demand for oscilloscopes and ADC. Apart from this, it is incorporated in medical devices, such as magnetic resonance imaging (MRI) and x-ray, to convert images from analog to digital before alteration. In line with this, the emerging need for medical imaging techniques on account of the rising prevalence of chronic diseases is driving the application of ADC in the healthcare industry. Besides this, the Fourth Industrial Revolution (Industry 4.0) emergence, along with the augmenting trend of precision manufacturing, is anticipated to catalyze the demand for ADC in industrial automation and offer lucrative growth opportunities to market players.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global analog-to-digital convertersmarket report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on 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
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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.
Report Coverage:
Report Features
Details
Base Year of the Analysis
2023
Historical Period
2018-2023
Forecast Period
2024-2032
Units
Billion USD
Segment Coverage
Product Type, Resolution, Application, Region
Region Covered
Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)
Key Questions Answered in This Report
The global analog-to-digital converters market was valued at USD 2.7 Billion in 2023.
We expect the global analog-to-digital converters market to exhibit a CAGR of 4.5% during 2024-2032.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in temporary closure of numerous manufacturing units for analog-to-digital converters.
The emergence of Industry 4.0 trend, along with the increasing popularity of music streaming services, such as Spotify, Apple Music, Amazon Music Unlimited, etc., is primarily driving the global analog-to-digital converters market.
Based on the product type, the global analog-to-digital converters market has been segmented into pipelined ADC, integrating ADC, successive approximation ADC, delta-sigma ADC, and others. Currently, pipelined ADC holds the majority of the total market share.
Based on the application, the global analog-to-digital converters market can be divided into consumer electronics, IT and telecommunication, automotive, and others. Among these, the IT and telecommunication industry exhibits a clear dominance in the market.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where Asia-Pacific currently dominates the global market.
Some of the major players in the global analog-to-digital converters market include 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.
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