[Research Report] The analog to digital converter market size was valued at US$ 3.87 billion in 2022, and it is expected to reach US$ 6.29 billion by 2030. The market is estimated to record a CAGR of 6.3% from 2022 to 2030.

Analyst Perspective:

Data converters play a critical role in the enablement of high-resolution content for ultra-high-quality playback music experience. These converters filter unwanted noises and ensure low power consumption to maximize the battery life of devices such as headphones. The manufacturer witness increasing demands for faster conversion speed and higher resolution. Several developments are underway in the analog to digital converter market to attain higher accuracy, wider dynamic range, and effective compatibility. Advancements in new oversampling techniques have prominently helped in the cost reduction of converters. According to many manufacturers, the demand for higher resolution among data acquisition system designers is attributed to their aim to utilize each bit of the resolution. Higher-resolution converters provide critical and additional details about the data.

Advancements in communications such as the rollout of 5G, are predicted to open up new application areas for analog to digital converters. The analog to digital converter (ADC) are integrated into 5G base stations for converting analog values into digital values for users’ benefit. Countries such as India, China, the US, Germany, and Brazil are experiencing a rise in the 5G trials. Further, ADCs are also used in the automotive sector and have applications in telematics systems and LiDAR. ADCs are required in myriad industries, such as semiconductor, automotive, telecommunication, and industrial. They are also used for imaging charge-coupled device (CCD) , including scanners, digital cameras, camcorders, and test instrumentation.

Analog to Digital Converter Market Overview:

Analog-to-digital converters (ADCs) help convert data from analog signals received from environmental phenomena into digital signals. The entire conversion includes several steps, such as sampling, quantization, and coding. ADCs are the essential components as analog values must be converted to digital values for further processing. Various types of ADCs present in the market include simultaneous or flash ADCs; tracking-type ADCs; counter-type ADCs; successive approximation type ADCs; sigma-delta ADCs; and single-, dual-, and multi-slope ADCs. These converters find applications in digital signal processing (microcontrollers, TV tuner cards, digital storage oscilloscopes), scientific instruments (digital imaging systems, temperature sensors, radar systems), and digital audio (sound recording, digital audio workstations, and, pulse-code modulation).

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.

Get 10% FREE CUSTOMIZATION

Analog to Digital Converter Market: Strategic Insights

Analog to Digital Converter Market

• 
  CAGR (2022 - 2030)

  6.3%
• Market Size 2022
  US$ 3.87 Billion
• Market Size 2030
  US$ 6.29 Billion

Market Dynamics

GROWTH DRIVERS

• XXXXXXX
• XXXXXXX
• XXXXXXX

FUTURE TRENDS

• XXXXXXX
• XXXXXXX
• XXXXXXX

OPPORTUNITIES

• XXXXXXX
• XXXXXXX
• XXXXXXX

Key Players

• Analog Devices, Inc.
• Asahi Kasei Corporation
• Cirrus Logic, Inc.
• Maxim Integrated Products, Inc.
• Microchip Technology Inc.
• Renesas Electronics Corporation
• ROHM Semiconductor
• Semiconductor Components Industries LLC
• STMicroelectronics NV

Regional Overview

• North America
• Europe
• Asia-Pacific
• South and Central America
• Middle East and Africa

Market Segmentation

Type

• Integrating Analog to Digital Converters
• Delta-Sigma Analog to Digital Converters
• Successive Approximation Analog to Digital Converters
• Ramp Analog to Digital Converters
• Others

Resolution

• 8-Bit
• 10-Bit
• 12-Bit
• 14-Bit
• 16-Bit
• Others

Application

• Industrial
• Consumer Electronics
• Automotive
• Healthcare
• Telecommunication
• Others

Download Free Sample

   Buy Now   

• Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

Analog to Digital Converter Market Driver:

Rise in demand for Consumer Electronics Drives Analog to Digital Converter Market Growth

The growing urbanization and rising disposable income have been the major enablers of the proliferation of the electronics industry. According to the US Bureau of Economic Analysis, in March 2023, disposable personal income (DPI) in the US rose by 0.5% in February 2023 compared to January 2023. The growth in people's disposable income contributes to the strong purchasing power, which bolsters the sales of television sets, microwaves, and other consumer electronics. Further, a rise in government initiatives to boost domestic production output plays a crucial role in boosting the electronic industry in different countries. According to the Ministry of Electronics & IT, in March 2023, Indian electronics manufacturing is expected to reach US$ 300 billion by 2025–2026. The government's strategic steps and initiatives favor progress of the electronics industry. Under the India’s National Policy on Electronics 2019 (NPE 2019), special schemes are introduced for large-scale electronics manufacturing.

The ever-increasing demand for consumer electronic devices such as smartphones, tablets, smart TVs, gaming devices, AR/VR devices, and smart speakers is propelling the consumer electronics industry. ADCs are deployed in the most advanced electronics and applications. It helps convert the real-world input to a digital signal for processing and storage. The surging demand for audio ADCs in the manufacturing of consumer audio and home theater systems is proliferating the analog to digital converter market growth.

Analog to Digital Converter Market Report Segmentation and Scope:

The analog to digital converter market is segmented on the basis of type, resolution, application, and geography. Based on type, the market is categorized into integrating converters, delta-sigma converters, successive approximation converters, ramp analog to digital converters, and others. Based on resolution, the analog to digital converter market is categorized into 8-bit, 10-bit, 12-bit, 14-bit, 16-bit, and others. By application, the analog to digital converter market is segmented into industrial, consumer electronics, automotive, healthcare, telecommunication, and others. In terms of geography, the analog to digital converter market is segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM).

Analog to Digital Converter Market Segmental Analysis:

Based on type, the analog to digital converter market is segmented into integrating ADCs, delta-sigma ADCs, successive approximation ADCs, ramp ADCs, and others. The successive approximation ADCs segment held the largest share of the market in 2022. A successive approximation ADC converts continuous analog waveform into discrete digital outcomes with the help of a binary search across all the possible levels of quantization. It is the most efficient and powerful type of ADC as it provides higher resolution with lower power consumption in a wide range of end products that are required in precise measurements, such as medical devices, scientific instruments, and industrial automation systems. In addition, successive approximation ADCs are widely used in battery-powered applications, wherein power consumption is the main concern. Fast conversation speed makes them suitable for real-time applications such as audio and video processing.

Analog to Digital Converter Market Regional Analysis:

The analog to digital converter market in North America was valued at US$ XX million in 2022 and is projected to reach US$ XX million by 2030; it is expected to register a CAGR of XX% from 2022 to 2030. The North American market is segmented into the US, Canada, and Mexico. The US held the largest share of the North American analog to digital converter market in 2022. The country is home to major market players such as Analog Devices, Inc.; Cirrus Logic, Inc.; Microchip Technology Inc.; and Texas Instruments Incorporated. The US is a manufacturing, IT, and automotive hub, among other sectors that require technologically advanced solutions for precision and accuracy in production and other processes. The Bipartisan Infrastructure Law, signed by US President Biden, is a once-in-a-generation investment in the infrastructure of the US. The projected rise in the telecom infrastructure with such initiatives further fuels the adoption of ADCs in North America.

Analog to Digital Converter Market Key Player Analysis:

Asahi Kasei Microdevices Corporation; Analog Devices, Inc.; Cirrus Logic, Inc.; Microchip Technology Inc.; Semiconductor Components Industries, LLC; ROHM CO., LTD.; Renesas Electronics Corporation.; STMicroelectronics; Texas Instruments Incorporated; and Teledyne Technologies Inc are among the key companies operating in the market.

Analog to Digital Converter Market Report Scope

Download Free Sample

   Buy Now   

• Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

Analog to Digital Converter Market Recent Developments: 

Inorganic and organic strategies such as mergers and acquisitions are highly adopted by companies in the analog to digital converter market. A few recent key market developments are listed below:

• In February 2023, Agile Analog unveiled its first customizable, process-agnostic, 12-bit analog to digital converter IPs in response to the growing demand for these converters for higher resolutions.
• In September 2023, Renesas Electronics Corporation launched a new product to its popular RL78 microcontroller (MCU) family, which includes 8- and 16-bit devices for power-sensitive applications. One of the key features of the newly launched RL78/G24 Series is its 12-bit analog to digital converter, capable of simultaneous sampling of 3 channels with a maximum conversion speed of 1 microsecond (µs).
• In March 2019, Microchip Technology Inc. launched 12 new successive approximation register (SAR) analog to digital converters to address automotive and industrial applications demanding higher-speed and higher-resolution analog-to-digital conversion.