Digital Isolator Market Size, Share by 2027 | Technology Development, Global Industry Analysis, Demand Overview, Insights, Growth, Top Company Profile
SUMMERY:
Market Research Future published a research report on “Digital Isolator
Market Research Report- Global Forecast 2027” – Market Analysis, Scope, Stake,
Progress, Trends and Forecast to 2027.
Market Overview
The enterprises operating in the space of digital isolator constantly
keep innovating. Enterprises like, Maxim introduces a game changing
architecture for industrial PLC digital – input modules by reducing the
isolated channel count. This allows the designers to have a way to reduce
power, system cost and power for PLC digital input subsystem providing analog
integration, lower power, lower cost and smaller size as the key advantages.
The market of digital isolator is following certain trends like growth in noise
free electronics, increased usage of renewable energy sources, growing demand
to replace octocouplers, and usage of digital isolator in higher altitude.
Additionally, the growing requirement of on-chip transformers and capacitors is
boosting the market of digital isolator due to its high speed, timing accuracy,
and ease of use.
Another company, Analog Devices claims that by integrating multiple
functions such as overvoltage protection, output tracking, and light load mode,
board space can be reduced to 35% and system can be improved as compared to the
traditional approaches. However, the inability to transmit low-frequency
signals without the use of modulators and their high costs of implementation
are restraining the growth of this market. The market of digital isolator is
segmented into type, data rate, channel, application and region. The market for
giant magnetoresistive isolation type is expected to grow at a significant
growth during the forecast period owing to its wide use in biosensors and
micro-electromechanical systems (MEMS), among others.
Segmentation
On the basis of type, the market is segmented into the capacitive
coupling, giant magneto resistive (GMR), and magnetic coupling.
On the basis of data rate, the market is segmented into less than 25
Mbps, 25 Mbps to 75 Mbps, and above 75 Mbps.
On the basis of the channel, the market is segmented into two channel,
four channel, six channel, and eight channel.
On the basis of application, the market is segmented into gate drivers,
DC/DC converters, ADC, and USB and other communication ports.
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Key Players
Some of the prominent key players in the market include Advantech Co Ltd
(Taiwan), Murata Manufacturing Company Ltd (Japan), NXP Semiconductors N.V.
(the Netherland), Broadcom Ltd (U.S.), Texas Instruments, Inc (U.S.), ST
Microelectronics N.V. (Switzerland), Infineon Technologies AG (Germany), ON
Semiconductor (U.S.), Digi – Key Corporation among others
Regional Analysis
By geography,
the market is segmented into North America, Europe, Asia Pacific and rest of
the world. Asia Pacific accounted for the largest market share in 2016. Asia
Pacific is expected to grow at a high rate during the forecast period owing to
the presence of a large number of major electrical device and equipment
manufacturers in this region. Additionally, many of the electronic &
electrical component manufacturers are shifting from North America and Europe
to Asia Pacific to capitalize on the low direct costs and lower cost of labor
incurred in countries like China, India and South East Asia. The market growth
can also be attributed to the increasing demand for isolated gate drivers,
generated with the proliferation of electric and hybrid electric vehicles
worldwide.
North America
and Europe are predicted to inspire players with some powerful business
prospects through their success in the market. The digital isolator are gaining
huge demand due to its high reliability and efficiency which is best suited in
healthcare sectors. Europe is to be estimated to be the second largest market
for digital isolator during the forecast period.
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