Amplifier and Comparator Market Analysis Report 2023-2030
[Research Report] The amplifier and comparator market is expected to grow from US$ 12.41 billion in 2023 to US$ 19.03 billion by 2030; it is estimated to register a CAGR of 6.3% from 2023 to 2030.
Analyst Perspective:
The need for computing devices and the increase in the production of computing devices are a few major factors driving the amplifier and comparator market. With the growing need for computing devices and consumer electronics, various governments are takings steps to increase the production of consumer electronics. The Indian government established India as a worldwide hub for Electronics System Design and Manufacturing (ESDM) by fostering and advancing national skills for designing key components, such as chipsets, and fostering a climate allowing the sector to compete internationally. According to the Press Information Bureau (PIB), the Production Linked Incentive Scheme (PLI) for Large Scale Electronics Manufacturing launched in 2020 under the National Policy on Electronics 2019 offers incentives from 4% to 6% on incremental sales (over a base year) to eligible companies. Manufacturers of mobile phones and specified electronic components, including assembly, testing, marking, and packaging (ATMP) units, are the eligible scheme beneficiaries.
Asia Pacific Market Overview:
The amplifier and comparator market in APAC is segmented into South Korea, India, China, Japan, Australia, and the Rest of APAC. The region comprises various growing economies—India, China, Indonesia, and the Philippines. These countries are witnessing a gradual rise in the adoption of advanced technologies. Further, the availability of low labor costs, low taxes and duties, and a strong business ecosystem are luring global players in the electronic manufacturing industry to expand their manufacturing facilities in this region. In September 2021, Molex, one of the world's leading manufacturers of electronic, electrical, and fiber optic connectivity systems, announced it is expanding its existing manufacturing operations in Hanoi, Vietnam. With this strategic development, the company is expected to support the growing demand for its products across various applications, including smartphones, TVs, and home appliances. Thus, the growing manufacturing industry in APAC is anticipated to offer lucrative opportunities for the amplifier and comparator market in the coming years.
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Amplifier and Comparator Market: Strategic Insights
Amplifier and Comparator Market
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CAGR (2023 - 2030)
6.3%
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Market Size 2023
US$ 12.41 Billion
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Market Size 2030
US$ 19.03 Billion
Market Dynamics
GROWTH DRIVERS
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FUTURE TRENDS
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OPPORTUNITIES
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Key Players
- Analog Devices Inc
- Broadcom Inc
- STMicroelectronics
- Microchip Technology Inc
- NXP Semiconductors
- On Semiconductor
- Renesas Electronics Corporation
- Skyworks Solutions Inc
- Texas Instruments Inc
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Type
- Amplifier and Comparator
Application
- Industrial Sector
- Communications Sector
- Computing Devices
- Consumer Electronics Devices
- Automotive
- Military & Aerospace
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Amplifier and Comparator Market: Strategic Insights
-
CAGR (2023 - 2030)6.3% -
Market Size 2023
US$ 12.41 Billion -
Market Size 2030
US$ 19.03 Billion
Market Dynamics
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Key Players
- Analog Devices Inc
- Broadcom Inc
- STMicroelectronics
- Microchip Technology Inc
- NXP Semiconductors
- On Semiconductor
- Renesas Electronics Corporation
- Skyworks Solutions Inc
- Texas Instruments Inc
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
- Amplifier and Comparator
- Industrial Sector
- Communications Sector
- Computing Devices
- Consumer Electronics Devices
- Automotive
- Military & Aerospace
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Market Driver:
Rising Adoption of Electronic Transportation to Drive Growth of Contraceptives Market
The electronic mode of transportation is perceived to benefit the environment and reduce fuel consumption. Many governments across the world have embraced the Electric Vehicles Initiative (EVI), a multi-government policy forum coordinated by the International Energy Agency (IEA) to accelerate the introduction and adoption of electric vehicles worldwide. According to the IEA, 16 countries are the current participants of this program: Canada, Chile, China, Finland, France, Germany, India, Japan, the Netherlands, New Zealand, Norway, Poland, Portugal, Sweden, the UK, and the US. An electric battery is a core component of the electric mode of transportation. In these batteries, the output of the comparator is used to alert a microcontroller regarding their discharged or low power status. Also, the amplifier is used in EV battery management, and the isolated amplifier offset determines the initial precision of the current sense. Thus, the large-scale application of amplifiers in batteries required for electronic transportation would bolster the consumption of amplifier and comparator in the future.
Segmental Analysis:
Based on type, the amplifier and comparator market is segmented into amplifier ad comparators. The amplifier segment held the largest amplifier and comparator market share in 2022. Also, amplifiers segment is likely to be the fastest growing amplifier and comparator market segment during the forecast period. This is owing to the constant demand for PCB-based (printed circuit board) amplifiers for different electronic products used among various industries worldwide. For instance, the industries such as consumer electronics, military electronics, aerospace electronics, automotive electronics, and other industrial electronic products that includes PCBs inside the products. This is one of the major factors aiding the amplifier and comparator market growth for the amplifier segment.
Amplifiers are essential building components in sensing, communication, and control systems, as they magnify weak signals. The increasing demand for compact and low-power devices, the need for high-speed data communication, and an upsurge in the Internet of Things (IoT) applications are among the factors propelling the use of amplifiers. In December 2021, the Ministry of Communications, India, exempted the use of very-low-power radio frequency devices or equipment for inductive applications from licensing requirements. According to India Cellular and Electronics Associations (ICEA), the exemption of licensing for very-low-power devices would benefit the telecommunications, electronics, and allied sectors in the medium to long term by encouraging the use of these devices. Such initiatives by governments boost the demand for amplifiers and propel the amplifier and comparator market growth.
Regional Analysis:
The amplifier and comparator market are segmented into five major regions—North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America. In 2022, North America led the amplifier and comparator market with a substantial revenue share, followed by Europe. Further, Asia Pacific is expected to register the highest CAGR in the amplifier and comparator market from 2023 to 2030.
Asia Pacific accounted for the largest share in the global amplifier and comparator market. One of the major reasons behind the higher amplifier and comparator market share for the region is the presence of largest number of semiconductor fabricating foundries. Further the presence of countries such as Taiwan, China, Japan, and South Korea that are one of the largest bases for electronic products and component manufacturing is another major factor driving the growth of amplifier and comparator market across the region.
Moreover. the European region is likely to be the fastest growing region in the manufacturing and sales of amplifier and comparator market. This is mainly due to the increase in demand for setting up MEMS foundaries across the region wherein several companies along with government of different countries have been collaboratively working to establish a strong electronics and semiconductor manufacturing setup across the region. Moreover, the presence of a strong industrial and automotive sector is another major factor propelling the growth of amplifier and comparator market. This is also due to the growth in deployment of electronic components in the industrial manufacturing and automotive products.
Key Player Analysis:
The amplifier and comparator market analysis consists of the players such as Analog Devices Inc, Broadcom Inc, STMicroelectronics, Microchip Technology Inc, NXP Semiconductors, On Semiconductor, Renesas Electronics Corporation, Skyworks Solutions Inc, Texas Instruments Inc, and ABLIC Inc. Among the amplifier and comparator market players, Analog Devices Inc and Texas Instruments Inc are the top two players owing to the diversified product portfolio offered.
Amplifier and Comparator Market Report Scope
Report Attribute
Details
Market size in 2023
US$ 12.41 Billion
Market Size by 2030
US$ 19.03 Billion
Global CAGR (2023 - 2030)
6.3%
Historical Data
2021-2022
Forecast period
2024-2030
Segments Covered
By Type - Amplifier and Comparator
By Application - Industrial Sector
- Communications Sector
- Computing Devices
- Consumer Electronics Devices
- Automotive
- Military & Aerospace
Regions and Countries Covered
North America - US
- Canada
- Mexico
Europe - UK
- Germany
- France
- Russia
- Italy
- Rest of Europe
Asia-Pacific - China
- India
- Japan
- Australia
- Rest of Asia-Pacific
South and Central America - Brazil
- Argentina
- Rest of South and Central America
Middle East and Africa - South Africa
- Saudi Arabia
- UAE
- Rest of Middle East and Africa
Market leaders and key company profiles
- Analog Devices Inc
- Broadcom Inc
- STMicroelectronics
- Microchip Technology Inc
- NXP Semiconductors
- On Semiconductor
- Renesas Electronics Corporation
- Skyworks Solutions Inc
- Texas Instruments Inc
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Report Attribute | Details |
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Market size in 2023 | US$ 12.41 Billion |
Market Size by 2030 | US$ 19.03 Billion |
Global CAGR (2023 - 2030) | 6.3% |
Historical Data | 2021-2022 |
Forecast period | 2024-2030 |
Segments Covered |
By Type
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Regions and Countries Covered | North America
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Market leaders and key company profiles |
|
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Recent Developments:
Inorganic and organic strategies such as mergers, acquisitions, new product launches, etc., are highly adopted by companies in the amplifier and comparator market. A few recent key amplifier and comparator market developments are listed below:
- In 2023, Tata Consultancy Services and Renesas partnered plan to work together With the opening of a joint innovation center in Bengaluru and Hyderabad on software development, radio frequency, digital, and mixed-signal design for cutting-edge next-generation semiconductor solutions that will serve the needs of numerous industries.
- In 2023, Renesas unveiled three new MCU groups designed for applications involving motor control. Devices from the RX and RA families are among the more than 35 new products that Renesas launched. With several MCU and MPU families, analog and power solutions, sensors, communications equipment, signal conditioners, and other devices, the new MCUs expanded the leading motor control range in the market.
- In 2022, Hypex Electronics revealed the NCx500 OEM, the first of a new NCOREx family of modules, and announced an updated version of its well-known NCORE Class-D amplifier technology.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type, and Application
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, Taiwan, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
Optical amplifiers act as optical repeaters in long-distance, fiber-optic communications. Thus, the increasing demand for optical amplifiers with the rise in the implementation of various modern network types bolsters the amplifier and comparator market growth.
The incremental growth, expected to be recorded for the amplifier and comparator market during the forecast period, is US$ 6.61 billion.
The global amplifier and comparator market was estimated to be US$ 12.41 billion in 2023 and is expected to grow at a CAGR of 6.3%, during the forecast period 2023 - 2030.
The amplifier is used in EV battery management, and the isolated amplifier offset determines the initial precision of the current sense. Thus, the large-scale application of amplifiers in batteries required for electronic transportation would bolster the consumption of amplifiers and comparators in the future.
The amplifier and comparator market is expected to reach US$ 19.03 billion by 2030.
The key players, holding majority shares, in amplifier and comparator market includes Analog Devices Inc, Texas Instruments Inc, Renesas, STMicroelectronics NV, and NXP Semiconductors.
The List of Companies - Amplifier and Comparator Market
- Analog Devices Inc
- Broadcom Inc
- STMicroelectronics
- Microchip Technology Inc
- NXP Semiconductors
- On Semiconductor
- Renesas Electronics Corporation
- Skyworks Solutions Inc
- Texas Instruments Inc
- ABLIC Inc