Dublin, May 19, 2023 (GLOBE NEWSWIRE) -- The "Data Converters - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Data Converters estimated at US$4.8 Billion in the year 2022, is projected to reach a revised size of US$7.1 Billion by 2030, growing at a CAGR of 5% over the analysis period 2022-2030.
Analog-to-Digital Converter, one of the segments analyzed in the report, is projected to record 5.7% CAGR and reach US$4.4 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Digital-to-Analog Converter segment is readjusted to a revised 3.8% CAGR for the next 8-year period.
The U.S. Market is Estimated at $1.4 Billion, While China is Forecast to Grow at 4.6% CAGR
The Data Converters market in the U.S. is estimated at US$1.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.2 Billion by the year 2030 trailing a CAGR of 4.6% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.5% and 4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.6% CAGR.
Select Competitors (Total 46 Featured) -
- Analog Devices, Inc.
- Asahi Kasei Microdevices Corporation
- Avia Semiconductor (Xiamen) Co., Ltd.
- Cirrus Logic, Inc.
- Datel
- Faraday Technology Corporation
- Intersil, a Renesas Company
- IQ-Analog
- Maxim Integrated Products, Inc.
- Microchip Technology, Inc.
- NXP Semiconductors NV
- ON Semiconductor Corporation
- ROHM Co., Ltd.
- STMicroelectronics NV
- Texas Instruments, Inc.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 196 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $4.8 Billion |
| Forecasted Market Value (USD) by 2030 | $7.1 Billion |
| Compound Annual Growth Rate | 5.0% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- A Prelude to Data Converter
- Data Converter: Current Market Scenario and Outlook
- Analog-to-Digital Converter: Dominant Technology Type
- Digital-to-Analog Converters Remain in Contention
- Data Converters - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Widespread Adoption of IoT Instigates Progressive Growth in Data Converter Market
- Growing Importance of IoT Across Industries: A Review
- Global IoT Market: Installed Base of IoT Connected Devices (in Billions) for the Years 2019 and 2025
- Sophisticated Data Converters Come to the Fore to Strengthen Medical Imaging Processes
- Market Stands to Gain from Healthy Trajectory in Test & Measurement Vertical
- Critical Role of Data Acquisition in Industrial Environments Widens Business Prospects
- High Potential Opportunities Identified in Automotive Sector
- Sustained Demand for Consumer Electronics Augurs Well
- Growing Requirements of Wireless Infrastructure Accelerate Market Growth
- Expanding Role in Military Applications
- Technology Innovations & Advancements
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/1ktktk
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