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Data Converter Market by Type, Sampling Rate, Application And Region - Global Forecast to 2023

Data Converter Market: Global Forecast until 2023

  • September 2017
  • 129 pages
  • ID: 5134418
In this report:
THE MARKET FOR HIGH-SPEED DATA CONVERTERS IS EXPECTED TO GROW FROM USD ##,##.## MILLION IN 2017 TO USD ##,##.## MILLION BY 2023, AT A HIGHER CAGR OF ##.##% BETWEEN 2017 AND 2023 OWING TO THE GROWING DEMAND FOR THESE TYPES OF DATA CONVERTERS FOR T&M APPLICATIONS AND INCREASING R&D IN ##G TECHNOLOGY.
THE MARKET FOR ADCS IS EXPECTED TO GROW FROM USD ##.## BILLION IN 2017 TO USD ##.## BILLION BY 2023, AT A HIGHER CAGR OF ##.##% BETWEEN 2017 AND 2023, WHILE THE MARKET FOR DACS IS EXPECTED TO GROW AT A CAGR OF ##.##% BETWEEN 2017 AND 2023, TO REACH USD ##.## BILLION BY 2023 FROM USD ##.## BILLION IN 2017.

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"Data converter market intended to grow at a significant rate between 2017 and 2023"

The data converter market is forecasted to grow from ~$3.5B in 2017 to ~$5.1B by 2023, at a compound annual growth rate (CAGR) of 6.30 percent during 2017-2023. The main key factors driving the rise of the data converter market are the development strategies, including product launches and advancements, mergers and acquisitions, strategic agreements, alliances, and collaborations, implemented by the actors operating in the data converter market, growing demand for test and measurement solutions by final users, and increasing demand for high-resolution images in scientific and medical applications. Nevertheless, the main restraining factors for the increase of this market is the integration of RF data converters into FPGA and system-on-chip.

"ADC forecasted to hold the most important share of the data converter market established on types during the estimate period"

Analog-to-digital converters hold the biggest share of the global data converter market. The growing adoption of technologically advanced data acquisition systems is likely to drive the industry for ADCs. Furthermore, the adoption of 5G technology for commercial applications, increasing use of electronic components for automotive applications, and increasing demand for fitness equipment led to increase the sector for ADCs.

"Communications projected to hold the most important share of the global data converter market in 2017"

The evolution of wireless communication networks, including 3G, 4G, and long-term evolution, has resulted in the rise of base stations, optical communication devices, and other communications-based infrastructural products, which results in the raised demand for data converters. Additionally, the 5G wireless communications technology is developing quickly and is anticipated to start rolling out globally by 2020. Owing to these factors, the communications forecasted to hold the biggest share of the global data converter market.

"Data converter market in the Asia Pacific forecasted to grow at the quickest rate during the outlook period"

The data converter market in the Asia Pacific is anticipated to grow at the quickest rate between 2017 and 2023.

The increasing digitization in the industrial market, adoption of IIoT, and penetration of connected devices would create a need for data converters in the territory. The emerging economies including China and Japan (JP) are supporting the increase of the data converter market.

The break-up of the profiles of primary members taking part for the analysis has been provided below.

• By Organization: Tier 1 = 45.0 percent, Tier 2 = 30.0 percent, and Tier 3 = 25.0 percent

• By Description: C-Level Executives = 40%and Managers = 60.0 percent

• By Area: Americas = 30.0 percent, Asia-Pac = 35.0 percent, Europe (EU) = 20.0 percent, RoW = 15.0 percent

The top players operating in the data converter market are Analog Devices, Texas Instruments, and Maxim Integrated, Cirrus Logic, Microchip Technology, and Intersil, Asahi Kasei Microdevices, Avia Semiconductor, IQ-Analog, MaxLinear, Micro Analog, National Instruments, Nisshinbo, Nuvoton Technology, ROHM, Seamless Devices, Semtech, Silicon Laboratories, ON Semiconductor, NXP, Honeywell, STMicroelectronics, Wavefront Semiconductor, DATEL, and Faraday Technology.

Segment Research

The research report on the data converter market includes the industry split based on following segments: category, sampling rate, application, and territory. The sector has been divided on the basis of types into analog-to-digital converters and digital-to-analog converters. Established on sampling rate, the industrial services market has been categorized into high-speed data converters and general-purpose data converters. The industry established on the application has been broken down into communications, automotive, industrial, test and measurement, consumer electronics, and medical.

Main highlights

- Figures of segmentation, review, and estimate for the sector established on category, sampling rate, application, and area have been organized to give the global view of the data converter market.

- The value chain study is provided to provide a detailed insight into the data converter market.

- The main drivers, market restraints, alternatives, and opportunities for the data converter market have been precised in this industry report.

- The market research includes an exhaustive competitive analysis, detailed DIVE review, and revenue of the main actors.

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