Benefits Of Analog-to-Digital Converter Market By Trends, Challenges, Growth Analysis
In the US, the transformation of mobile customers from connected to digital has been one of the fastest in the world. By the time of commercialization of 5G within the region, use of related products such as 5G chipset, ADC, and others are expected to gain high momentum in the future.
The Asia pacific is the second-largest market in the analog-to-digital converter market. Apart from North America and Asia Pacific, Europe remains at the third-largest geographic segment in the analog-to-digital converter market. In Europe, On the back of its high growth, the European automotive sector has been contributing heavily toward the GDP of the region. The governments, along with the automotive industry manufactures, have taken initiatives to enhance skillsets of the automotive workforce. The leading car OEMs in the region are focused on security technologies and connected cars. Thus, the booming automotive sector would proliferate the analog-to-digital converter market in Europe.
Product Type Insights
The global analog-to-digital converter market by product type is segmented into integrating ADC, delta-sigma ADC, succesive approximation ADC, ramp ADC, and others. succesive approximation ADC segment dominates the analog-to-digital converter market heavily and is projected to continue its dominance throughout the forecast period from 2019 – 2027. Successive approximation is an advanced version of digital ramp ADC which was designed for increasing the operation speed. In SAR, the normal counter is substituted with a successive approximation register.
Resolution Insights
The analog-to-digital converter market by resolution is further segmented into 8-bit, 10-bit, 12-bit, 14-bit, 16-bit, and others. 11-bit segment of the analog-to-digital converter market dominated the aaplication segment and is anticipated to lose its dominance throughout the forecast period from 2019 – 2027 to 16-bit. A 12-bit ADC typically has a resolution of 1.22mV. The adoption of 12-bit for 5G communication is opportunistic for the market growth.
Global Analog-to-Digital Converter Market - Company Profiles
- Asahi Kasei Microdevices Corporation
- Analog Devices Inc.
- Cirrus Logic Inc.
- Maxim Integrated, Inc.
- Microchip Technology Inc.
- ON Semiconductor Corporation
- Rohm Co., Ltd.
- Renesas Electronics Corporation
- STMicroelectronics
- Texas Instruments Incorporated
Source: The Insight Partners