Digital Isolator Market : Growing at a CAGR of 8.5% : Will Hit USD 2.93 Billion by 2028 Says SNS Insider
Digital Isolator Market To See Huge Growth By 2022-2028 | Texas Instruments, Skyworks Solutions, Inc, Infineon Technologies, Broadcom Limited, ROHM Semiconductor, NXP Semiconductors
Pune, Maharashtra -- (SBWire) -- 10/11/2022 --Modern electronics are used by digital isolators, which isolate the electrical connections between two circuits. They can be applied to a wide range of tasks, such as industrial control and power management, where isolated signal transmission without interference or the risk of electrocution is required. Because they don't rely on magnetic coupling like analogue isolators do, digital isolators are more reliable than their analogue counterparts and offer an efficient option for high-voltage applications.
As per the recent market research study report by SNS Insider, the digital isolator market is anticipated to reach USD 1.66 billion in 2021, with a steady CAGR of 8.5% over the forecast period of 2022–2028.
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Drivers, Restraints, Opportunities, and Challenges
The main factors influencing the expansion of digital isolator market include their increased use as gate openers, increased use in industrial motor-drive applications, and their capacity to help healthcare institutions monitor the spread of COVID-19. The rise in industrial automation safety regulations, the electrification of automobiles, the increased use of isolators in harsh environment applications, and the high operational efficiency of digital isolators are all expected to contribute to the growth of the global market for digital isolators.
Digital isolators outperform analogue isolators in terms of propagation delays, data throughput, and noise reduction. Optocouplers are less expensive than digital isolators, though. Optocouplers are therefore widely used as inexpensive isolation options for slow digital signal transmission.
Impact of the COVID-19 Pandemic
The global digital isolator market has been significantly impacted by the COVID-19 epidemic. The demand for digital isolators has significantly decreased as a result of the general slowdown in economic activity. The pandemic has also reduced consumer demand, which has impeded the development of the digital isolator industry. Additionally, the supply chain and production of digital isolators have decreased as a result of the lock down and other regulations. However, as a result of the pandemic, there has been an upsurge in demand for digital isolators for medical equipment. Additionally, it is anticipated that throughout the course of the projected period, there will be an increase in demand for digital isolators due to the economies and industrial activity returning to normal.
Market Segmentation
BY TECHNOLOGY
1.Capacitive Coupling
2.Giant Magnetoresistive
3.Magnetic Coupling
BY DATA RATE
1.Up To 25 Mbps
2.25 – 75 Mbps
3.Above 75 Mbps
BY CHANNEL
1.Two
2.Four
3.Six
4.Eight
5.Others
BY Materials
1.Silicon Dioxide
2.Polyimide
3.Others
BY INDUSTRY:
1.Industrial
2.Automotive
3.Aerospace & Defense
4.Healthcare
5.Telecommunications
6.Energy & Power
7.Other
BY APPLICATION
1.Gate Drivers
2.Analog to Digital Converters
3.CAN Isolation
4.DC/DC Converters
5.USD and Other Communication Ports
6.Others
According to channel, the market's 8 channel segment is anticipated to experience the fastest CAGR in terms of value growth throughout the course of the forecast period. These isolators have exceptional precision and can handle 150 Mbps of signaling. The 8-channel market is being driven ahead by the widespread use of 8-channel digital isolators in industrial automation and automotive applications.
The digital isolator market is predicted to be the largest in the over 75 Mbps sector in terms of data rate. The rise of this market can be attributed to the growing acceptance of giant magneto resistive (GMR) isolation type in digital isolators, which enables high data rate with improved accuracy.
According to vertical, the industrial sector accounts for the highest share of the market for digital isolators. They protect consumers and industrial machinery against noise and voltage issues, as well as ground loops and inconsistencies. These isolators also ensure the security of the operators of industrial equipment.
Regional Analysis
North America is the biggest market for digital isolators because electric vehicles are widely used here. Consumer electronics, auto electrification, and industrial automation rule the digital isolator market. Due to high disposable income and strong government funding, the market in this area is expanding. The market for digital isolators is expanding at the quickest rate in the Asia-Pacific region. The market for digital isolators in this region is expanding as a result of the rising demand for isolate c gate drivers brought on by the growth of electric and hybrid automobiles.
Competitive Landscape Outlook
Some of the prominent companies present in the digital isolator market include Broadcom Limited, Skyworks Solutions, Inc, Silicon Labs, ROHM Semiconductor, Texas Instruments, Analog Devices, Infineon Technologies, Broadcom Inc,NXP Semiconductors.
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Table Of Content
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID 19 Impact Analysis
4.2 Impact Of Ukraine-Russia War
5. Value Chain Analysis
6. Porter's 5 Forces Model
7. PEST Analysis
8. Global Digital Isolator Market Segmentation, By Technology
8.1Introduction
8.2 Capacitive Coupling
8.3 Giant Magnetoresistive
8.4 Magnetic Coupling
8.5 Other
9. Global Digital Isolator Market Segmentation, By Data Rate
9.1 Introduction
9.2 Up To 25 Mbps
9.3 25 – 75 Mbps
9.4 Above 75 Mbps
9.5 Other
10. Global Digital Isolator Market Segmentation, By Channel
10.1 Introduction
10.2 Two
103 Four
104 Six
10.6 Eight
10.7 Others
11. Global Digital Isolator Market Segmentation, By Material
11.1 Introduction
11.2 Silicon Dioxide
11.3 Polyimide
11.4 Others
12. Global Digital Isolator Market Segmentation, By Industries
12.1 Introduction
12.2 Industrial
12.3 Automotive
12.4 Aerospace & Defense
12.5 Healthcare
12.6 Telecommunications
12.7 Energy & Power
12.8 Other
13. Global Digital Isolator Market Segmentation, By Application
13.1 Introduction
13.2 Gate Drivers
13.3 Analog To Digital Converters
13.4 CAN Isolation
13.5 DC/DC Converters
13.6 USD
13.7 Others
14. Regional Analysis
14.1 Introduction
14.2 North America
14.2.1 USA
14.2.2 Canada
14.2.3 Mexico
14.3 Europe
14.3.1 Germany
14.3.2 UK
14.3.3 France
14.3.4 Italy
14.3.5 Spain
14.3.6 The Netherlands
14.3.7 Rest Of Europe
14.4 Asia-Pacific
14.4.1 Japan
14.4.2 South Korea
14.4.3 China
14.4.4 India
14.4.5 Australia
14.4.6 Rest Of Asia-Pacific
14.5 The Middle East & Africa
14.5.1 Israel
14.5.2 UAE
14.5.3 South Africa
14.5.4 Rest
14.6 Latin America
14.6.1 Brazil
14.6.2 Argentina
14.6.3 Rest Of Latin America
15. Company Profiles
15.1 Skyworks Solutions, Inc
15.1.1 Financial
15.1.2 Products/ Services Offered
15.1.3 SWOT Analysis
15.1.4 The SNS View
15.2 Texas Instruments
15.3 Infineon Technologies
15.4 Broadcom Limited
15.5 ROHM Semiconductor
15.6 NXP Semiconductors
15.7 Murata Manufacturing
15.8 ON Semiconductor
15.9 Analog Devices
15.10 Broadcom Inc
15.11 Silicon Labs
15.12 Maxim Integrated
15.13 STMicroelectronics
15.14 Other
16. Competitive Landscape
16.1 Competitive Benchmark
16.2 Market Share Analysis
16.3 Recent Developments
17. Conclusion
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