Digital Isolator Market Key Players, Growth And Forecast 2027
Summary:
A new study title “Digital Isolator market size,
status and forecast 2027” has been featured on market research future.
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.
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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.
The
other vendors in the digital isolator market are ADLINK Technology Inc, IXYS
Corporation, Halo Electronics Inc, Vicor Corporation, NVE Corp, Silicon Labs
among others.
Segments:
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.
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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