Market Survey: Analog Integrated Circuit (IC) Market 2020 is Anticipated to Reach US$ 5.21% Billion by 2023

Analog Integrated Circuit (IC) Market (2020 – 2023) report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. The Analog Integrated Circuit (IC) market report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.

Analog Integrated Circuit (IC) Market report is anticipated to register a CAGR of 5.21% over a five years forecast period (2020 – 2023).”

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List of Major Key players operating in the Global Analog Integrated Circuit (IC) Market are –

  • Analog Devices Inc.
  • Infineon Technologies AG
  • Maxim Integrated Products Inc.
  • Microchip Technology Inc.
  • NXP Semiconductors NV
  • Qualcomm Inc.
  • Richtek Technology Corporation
  • Skywork Solutions Inc.
  • STMicroelectronics NV
  • Taiwan Semiconductor Co. Ltd
  • Texas Instruments Inc.

The Analog Integrated Circuit (IC) Market is expected to register a CAGR of 5.21%, during the forecast period of 2020-2023. The market has been segmented by type (general-purpose IC and application-specific IC), end-user vertical, and geography.

Analog ICs are used for various functions that require variable output signals, for radio-frequency and audio-frequency amplifiers. The rising proliferation of smartphones, tablets, and feature phones and technological advancements in consumer electronic devices are driving the growth of the analog IC market. The increasing adoption of IoT in various industries is also expected to propel the market’s growth, owing to the evident benefits of analog ICs, across a considerable range of real-time connected devices and applications. Additionally, the launch of supportive government initiatives for the development of infrastructure for electric and autonomous vehicles, is further contributing to the growth of the analog IC market. However, issues related to design complexity and short product life cycle of analog integrated circuit (IC) are estimated to challenge the growth of the market studied, during the forecast period.

The Automotive Segment Expected to Fuel the Growth

The automotive segment of the market studied is expected to record rapid growth over the forecast period, due to the increasing demand for autonomous and electric vehicles. According to the World Intellectual Property Organization, about 5,839 patents related to autonomous driving were filed, worldwide. Bosch accounts for a significant share in patent filings related to autonomous driving, at about 958 patents during 2010-2017. Various automotive giants, such as Toyota, Ford, Volkswagen, BMW, and Renault, are encouraging the use of analog ICs, to introduce better automation in their electronic circuitry. Technological advancements in automotive electronics and the significant rise in the integration of these technologies in mid-range and low-end cars in the region, is also augmenting the demand for analog ICs.

Asia-Pacific Expected to Account for a Substantial Market Share

Asia-Pacific is expected to record a substantial growth over the forecast period, due to the rising adoption of consumer electronics, by tech-savvy customers. The presence of prominent semiconductor companies (such as Infineon and Renesas) in the region is also driving the growth of analog integrated circuits. The increasing demand for smartphones is anticipated to further boost the market’s growth prospects, in the region. According to Ericsson, the estimated number of smartphone subscription is maximum in Asia-Pacific excluding China and India) with USD 1575 million in Q12020. As Asia-Pacific is the largest market for semiconductor intellectual property, millions of electronic devices are manufactured every year, for consumption and export to other countries, thereby driving the growth of the regional analog IC market.

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Scope of the Report:

The report analyses Analog Integrated Circuit (IC) market, which includes –

  • Analysis of the growth of Analog Integrated Circuit (IC) market in global and regional level including Asia-Pacific, Americas, and EMEA.
  • The report provides Analog Integrated Circuit (IC) market analysis for key countries including the US, Canada, Chile, China, India, Japan, the UK, Germany, France, and Italy.
  • The report offers country level Analog Integrated Circuit (IC) market volume and value by end-user segment for the period 2012-2023.
  • Qualitative analysis of key market drivers and restraints, and analysis of their impacts on Analog Integrated Circuit (IC) market are discussed.
  • The report provides competitive landscape at country level for the year 2020. It also covers key policies and initiatives, key deals, and key upcoming projects.

Highlighted points of Analog Integrated Circuit (IC) Market Report:

  • Varying dynamics of the Analog Integrated Circuit (IC) industry.
  • Prospective changes in sales volumes and worldwide share growth in upcoming years (2020-2023).
  • Analog Integrated Circuit (IC) market report recognizes the key drivers of growth and challenges of the key industry players.
  • Competitors profiles along with product description, overview, and business data.
  • A complete analysis of market risks, opportunities, limitations, and growth of the market.
  • Market driving and restraining factors.
  • Delivers information on the historical and current market size and the future potential of the market.
  • Analog Integrated Circuit (IC) market report provides a comprehensive analysis of the market with respect to market dynamics, competitive analysis, and upcoming trends of the market.

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Reasons to Purchase Analog Integrated Circuit (IC) Market Report:

  • The report analyses how stringent emission control norms will drive the global Analog Integrated Circuit (IC) market.
  • Analyzing various perspectives of the market with the help of Porter’s five forces analysis.
  • Study on the product type that is expected to dominate the market.
  • Study on the regions that are expected to witness the fastest growth during the forecast period.
  • Identify the latest developments, market shares and strategies employed by the major Analog Integrated Circuit (IC) market players.
  • 3 months’ analyst support along with the Market Estimate sheet (in excel).

In this study, the years considered to estimate the market size of Analog Integrated Circuit (IC):

History Year: 2013-2017
Base Year: 2017
Estimated Year: 2020
Forecast Year 2020 to 2023

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