The future of the global data converter market looks promising with opportunities in the communications, consumer electronics, industrial, medical, test & measurement, and automotive applications. The global data converter market is expected to reach an estimated $7.9 billion by 2030 with a CAGR of 5.8% from 2024 to 2030. The major drivers for this market are significant use of this technology in computer systems, considerable application of these converters in the development of 5G infrastructure, and escalating demand for minimal power consuming data converters.
Some of the Key
Questions answered in this exclusive report are:
Q.1. What are some of
the most promising, high-growth opportunities for the data converter market by
type (analog-to-digital converters and digital-to-analog converters), sampling
rate(high-speed data converters and general-purpose data converters),
application (communications, consumer electronics, industrial, medical, test
& measurement, automotive, and others), and region (North America, Europe,
Asia Pacific, and the Rest of the World)?
Q.2. Which segments will
grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and
why?
Q.4. What are the key
factors affecting market dynamics? What are the key challenges and business
risks in this market?
Q.5. What are the
business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market
and the reasons behind them?
Q.7. What are some of
the changing demands of customers in the market?
Q.8. What are the new
developments in the market? Which companies are leading these developments?
Q.9. Who are the major
players in this market? What strategic initiatives are key players pursuing for
business growth?
Q.10. What are some of
the competing products in this market and how big of a threat do they pose for
loss of market share by material or product substitution?
Q.11. What M&A
activity has occurred in the last 5 years and what has its impact been on the
industry?
Market Segmentation:
In this market,
analog-to-digital converter and digital-to-analog converter are the two types
of data converter used by various end use industries. Lucintel forecast that
analog-to-digital converter will remain the largest segment due to its
significant application for monitoring and digitizing real-world signals and
substantial usage of this product as industrial DAQ and medical devices, such
as endoscopes, respiration monitors, digital thermometers, multi-parameter
monitors, and cardiac, hemodynamic, and respiratory monitors.Within this
market, medical is expected to witness highest growth over the forecast period
due to the significant usage of high-speed data converters for operating
various imaging and medical equipment used in the healthcare industries.
APAC is expected to
witness highest growth over the forecast period due to significant existence of
semiconductor device and product manufacturers, rapid industrial automation,
and continuous expansion of communications sector in the region.
Texas Instruments,
Analog Devices, Skyworks Solutions, Infineon Technologies, STMicroelectronics,
Qorvo, NXP Semiconductor, ON Semiconductor, Microchip Technology, and Renesas
Electronics are the major suppliers in the data converter market.
About
Lucintel
Lucintel, the premier global
management consulting and market research firm, creates winning strategies for
growth. It offers market assessments, competitive analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
Related reports
North American Spray
Foam Insulation Market
3.Mineral Wool Insulation Market
4.Polyurethane Foam Market:
5.Spray Foam Equipment Market:
6.Elastomeric Foam Insulation Market:
7.Phenolic
Insulation Market:
8.Aerogel Market:
9.Medical
Foam Market:
No comments:
Post a Comment