Analog-to-digital converter market in North America is expected to grow from US$ 812.4 Mn in 2018 to US$ 1,358.0 Mn by the year 2027 with a CAGR of 6.0% from the year 2019 to 2027.
The increasing demand for advanced data acquisition systems and rising demand for high-resolution content are the major factors propelling the growth of the analog-to-digital converter market. Moreover, the rising demand for advanced technologies in the automotive industry is anticipated to boost the analog-to-digital converter market growth in the near future. The automakers globally are observing substantial demand for smart devices in their vehicles. This has led the automobile manufacturers to continuously focus on innovating, designing, and developing autonomous cars which have already attracted a fair percentage of customers in major automotive manufacturing countries. Pertaining to the consumers' demand and attraction toward smart and fully-autonomous cars, the market of ADC is surrounded with huge opportunities. The growth trajectory of fully-autonomous cars is largely anticipated to depend upon several parameters such as technological improvements, consumer preference to adopt fully-automated cars, pricing as well as the ability of the suppliers and OEMs to address the critical concerns related to the safety of the vehicles. Attributing to these parameters, both the industry players i.e., automotive and semiconductor industry are constantly focusing on improving technologies, negotiating prices of raw materials, and finally integrating the cars with robust technologies. This factor triggers the growth of the analog-to-digital converter market as well to ensure better performance of driverless cars in the coming years.
Analog-to-digital converter market by resolution is classified into 8-bit, 10-bit, 12-bit, 14-bit, 16-bit, and others. The integration of different resolutions is based on the requirements of various applications. 12-bit resolution type led the analog-to-digital converter market in the year 2018. 16-bit type is projected to surpass and take the lead over the future. A 12-bit ADC typically has a resolution of 1.22mV. The adoption of 12-bit for 5G communication is opportunistic for market growth. In May 2019, Texas Instruments had released an innovative, ultra-high-speed ADC with the widest bandwidth in the industry, lowest consumption of power, and fastest sampling rate. This converter is expected to help the engineers to achieve efficient measurement accuracy for the applications of 5G testing, oscilloscopes, and radar applications (direct X-band sampling).
The US dominated the analog-to-digital converter market in 2018 and is expected to dominate the market with the highest share in the North America region through the forecast period. The US is an economically advanced country and therefore hosts continuous improvements in the telecommunications technologies and infrastructure. The mobile operator market in the country is dominated by four major players—Verizon, Sprint, T-Mobile, and AT&T; these players are currently investing huge amounts in the evolution of the 5G technology. Automotive is another booming industry in the country. In January 2016, the government bodies revealed an ambitious 10-year plan worth of US$4 Bn to fuel further advancements in autonomous vehicles and boost the deployment of the same in the country. Therefore, the projected increase in the manufacturing of automobiles integrated with advanced technologies is expected to broaden the scope of the analog-to-digital converter market during 2019–2027. The figure given below highlights the revenue share of the Mexico in the analog-to-digital converter market in the forecast period:
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NORTH AMERICA ANALOG-TO-DIGITAL CONVERTER MARKET SEGMENTATION
By Product Type
- Integrating ADC
- Delta-sigma ADC
- Successive Approximation ADC
- Ramp ADC
- Others
By Resolution
- 8-bit
- 10-bit
- 12-bit
- 14-bit
- 16-bit
- Others
By Application
- Industrial
- Consumer Electronics
- Automotive
- Healthcare
- Telecommunication
- Others
By Country
- US
- Canada
- Mexico
Analog-to-digital converter Market - Companies Mentioned
- Asahi Kasei Microdevices Corporation
- Analog Devices Inc.
- Cirrus Logic Inc.
- Maxim Integrated, Inc.
- Microchip Technology Inc.
- ON Semiconductor Corporation
- Rohm Co., Ltd.
- Renesas Electronics Corporation
- Sony Corporation
- Texas Instruments Incorporated
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Product Type, Resolution, Application, and Country
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
US, Canada
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 North America Analog-to-Digital Converter Market – By Product Type
1.3.2 North America Analog-to-Digital Converter Market – By Resolution
1.3.3 North America Analog-to-Digital Converter Market – By Application
1.3.4 North America Analog-to-Digital Converter Market – By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America – PEST Analysis
4.3 Analog-to-Digital Converter Market – Ecosystem Analysis
4.4 Expert Opinion
5. Analog-to-Digital Converter Market – Key Industry Dynamics
5.1 Key Market Drivers
5.1.1 Increasing demand for advanced data acquisition systems
5.1.2 Rising demand for high resolution content
5.2 Key Market Restraints
5.2.1 High cost and complexities associated with the implementations of base stations
5.3 Key Market Opportunities
5.3.1 Rising demand for advanced technologies in the automotive industry
5.4 Future Trends
5.4.1 Significant initiatives in the developing economies across the globe
5.5 Impact Analysis of Drivers and Restraints
6. Analog-to-Digital Converter Market – North America Market Analysis
6.1 Overview
6.2 North America Analog-to-Digital Converter Market Revenue and Forecasts To 2027 (US$ Mn)
7. North America Analog-to-Digital Converter Market Analysis – By Product Type
7.1 Overview
7.2 North America Analog-to-Digital Converter Market Breakdown, By Product Type, 2018 & 2027
7.3 Integrating ADC
7.3.1 Overview
7.3.2 North America Integrating ADC Market Revenue and Forecasts to 2027 (US$ Mn)
7.4 Delta-Sigma ADC
7.4.1 Overview
7.4.2 North America Delta-Sigma ADC Market Revenue and Forecasts to 2027 (US$ Mn)
7.5 Successive Approximation ADC
7.5.1 Overview
7.5.2 North America Successive Approximation ADC Market Revenue and Forecasts to 2027 (US$ Mn)
7.6 Ramp ADC
7.6.1 Overview
7.6.2 North America Ramp ADC Market Revenue and Forecasts to 2027 (US$ Mn)
7.7 Others
7.7.1 Overview
7.7.2 North America Others Market Revenue and Forecasts to 2027 (US$ Mn)
8. North America Analog-to-Digital Converter Market Analysis – By Resolution
8.1 Overview
8.2 North America Analog-to-Digital Converter Market Breakdown, By Resolution, 2018 & 2027
8.3 8-bit
8.3.1 Overview
8.3.2 North America 8-bit Market Revenue and Forecasts to 2027 (US$ Mn)
8.4-bit
8.4.1 Overview
8.4.2 North America 10-bit Market Revenue and Forecasts to 2027 (US$ Mn)
8.5-bit
8.5.1 Overview
8.5.2 North America 12-bit Market Revenue and Forecasts to 2027 (US$ Mn)
8.6-bit
8.6.1 Overview
8.6.2 North America 14-bit Market Revenue and Forecasts to 2027 (US$ Mn)
8.7-bit
8.7.1 Overview
8.7.2 North America 16-bit Market Revenue and Forecasts to 2027 (US$ Mn)
8.8 Others
8.8.1 Overview
8.8.2 North America Others Market Revenue and Forecasts to 2027 (US$ Mn)
9. North America Analog-to-Digital Converter Market Analysis – By Application
9.1 Overview
9.2 North America Analog-to-Digital Converter Market Breakdown, By Application, 2018 & 2027
9.3 Industrial
9.3.1 Overview
9.3.2 North America Industrial Market Revenue and Forecasts to 2027 (US$ Mn)
9.4 Consumer Electronics
9.4.1 Overview
9.4.2 North America Consumer Electronics Market Revenue and Forecasts to 2027 (US$ Mn)
9.5 Automotive
9.5.1 Overview
9.5.2 North America Automotive Market Revenue and Forecasts to 2027 (US$ Mn)
9.6 Healthcare
9.6.1 Overview
9.6.2 North America Healthcare Market Revenue and Forecasts to 2027 (US$ Mn)
9.7 Telecommunication
9.7.1 Overview
9.7.2 North America Telecommunication Market Revenue and Forecasts to 2027 (US$ Mn)
9.7.3 5G
9.7.4 Others
9.8 Others
9.8.1 Overview
9.8.2 North America Others Market Revenue and Forecasts to 2027 (US$ Mn)
10. North America Analog-To-Digital Converter Market – Country Analysis
10.1 Overview
10.1.1 North America Analog-to-Digital Converter Market Breakdown, by Key Countries
10.1.1.1 U.S. Analog-to-Digital Converter Market Revenue and Forecasts to 2027 (US$ Mn)
10.1.1.1.1 U.S. Analog-to-Digital Converter Market Breakdown by Product Type
10.1.1.1.2 U.S. Analog-to-Digital Converter Market Breakdown by Resolution
10.1.1.1.3 U.S. Analog-to-Digital Converter Market Breakdown by Application
10.1.1.2 Canada Analog-to-Digital Converter Market Revenue and Forecasts to 2027 (US$ Mn)
10.1.1.2.1 Canada Analog-to-Digital Converter Market Breakdown by Product Type
10.1.1.2.2 Canada Analog-to-Digital Converter Market Breakdown by Resolution
10.1.1.2.3 Canada Analog-to-Digital Converter Market Breakdown by Application
10.1.1.3 Mexico Analog-to-Digital Converter Market Revenue and Forecasts to 2027 (US$ Mn)
10.1.1.3.1 Mexico Analog-to-Digital Converter Market Breakdown by Product Type
10.1.1.3.2 Mexico Analog-to-Digital Converter Market Breakdown by Resolution
10.1.1.3.3 Mexico Analog-to-Digital Converter Market Breakdown by Application
11. Industry Landscape
11.1 Market Initiative
11.2 New Development
12. Analog-to-Digital Converter Market – Company Profiles
12.1 Analog Devices, Inc.
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Asahi Kasei Corporation
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Cirrus Logic, Inc.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.4 Maxim Integrated Products, Inc.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Microchip Technology Incorporated
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Renesas Electronics Corporation
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 ROHM Semiconductor
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.8 Semiconductor Components Industries, LLC (On Semiconductor)
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 STMicroelectronics N.V.
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Texas instruments incorporated
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary
LIST OF TABLES
Table 1. North America Analog-to-Digital Converter Market Revenue and Forecasts to 2027 (US$ Mn)
Table 2. North America Analog-to-Digital Converter Market Revenue and Forecasts to 2027 – By Product Type (US$ Mn)
Table 3. North America Analog-to-Digital Converter Market Revenue and Forecasts to 2027 – By Resolution (US$ Mn)
Table 4. North America Analog-to-Digital Converter Market Revenue and Forecasts to 2027 – By Application (US$ Mn)
Table 5. North America Telecommunication Analog-to-Digital Converter Market Revenue and Forecasts to 2027 – By Type (US$ Mn)
Table 6. U.S. Analog-to-Digital Converter Market Revenue and Forecasts to 2027 – By Product Type (US$ Mn)
Table 7. U.S. Analog-to-Digital Converter Market Revenue and Forecasts to 2027 – By Resolution (US$ Mn)
Table 8. U.S. Analog-to-Digital Converter Market Revenue and Forecasts to 2027 – By Application (US$ Mn)
Table 9. US Telecommunication Analog-to-Digital Converter Market Revenue and Forecasts to 2027 – By Type (US$ Mn)
Table 10. Canada Analog-to-Digital Converter Market Revenue and Forecasts to 2027 – By Product Type (US$ Mn)
Table 11. Canada Analog-to-Digital Converter Market Revenue and Forecasts to 2027 – By Resolution (US$ Mn)
Table 12. Canada Analog-to-Digital Converter Market Revenue and Forecasts to 2027 – By Application (US$ Mn)
Table 13. Canada Telecommunication Analog-to-Digital Converter Market Revenue and Forecasts to 2027 – By Type (US$ Mn)
Table 14. Mexico Analog-to-Digital Converter Market Revenue and Forecasts to 2027 – By Product Type (US$ Mn)
Table 15. Mexico Analog-to-Digital Converter Market Revenue and Forecasts to 2027 – By Resolution (US$ Mn)
Table 16. Mexico Analog-to-Digital Converter Market Revenue and Forecasts to 2027 – By Application (US$ Mn)
Table 17. Mexico Telecommunication Analog-to-Digital Converter Market Revenue and Forecasts to 2027 – By Type (US$ Mn)
Table 18. Glossary of Terms, Analog-to-Digital Converter Market
LIST OF FIGURES
Figure 1. Analog-to-Digital Converter Market Segmentation
Figure 2. Analog-to-Digital Converter Market Segmentation - Country
Figure 3. Market Overview of Analog-to-Digital Converter (2019-2027)
Figure 4. A snapshot of market strategies
Figure 5. North America – PEST Analysis
Figure 6. Ecosystem Analysis
Figure 7. Analog-to-Digital Converter Market Impact Analysis of Driver and Restraints
Figure 8. 5G Trials and Research Occurring Across The Globe
Figure 9. North America Analog-to-Digital Converter Market Revenue and Forecasts To 2027 (US$ Mn)
Figure 10. North America Analog-to-Digital Converter Market Breakdown by Product Type, 2018 & 2027 (%)
Figure 11. North America Integrating ADC Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 12. North America Delta-Sigma ADC Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 13. North America Successive Approximation ADC Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 14. North America Ramp ADC Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 15. North America Others Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 16. North America Analog-to-Digital Converter Market Breakdown by Resolution, 2018 & 2027 (%)
Figure 17. North America 8-bit Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 18. North America 10-bit Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 19. North America 12-bit Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 20. North America 14-bit Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 21. North America 16-bit Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 22. North America Others Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 23. North America Analog-to-Digital Converter Market Breakdown by Application, 2018 & 2027 (%)
Figure 24. North America Industrial Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 25. North America Consumer Electronics Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 26. North America Automotive Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 27. North America Healthcare Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 28. North America Telecommunication Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 29. North America 5G Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 30. North America Others Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 31. North America Others Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 32. North America Analog-to-Digital Converter Market Breakdown by Key Countries, 2018 & 2027(%)
Figure 33. U.S. Analog-to-Digital Converter Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 34. Canada Analog-to-Digital Converter Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 35. Mexico Analog-to-Digital Converter Market Revenue and Forecasts to 2027 (US$ Mn)The List of Companies
- Asahi Kasei Microdevices Corporation
- Analog Devices Inc.
- Cirrus Logic Inc.
- Maxim Integrated, Inc.
- Microchip Technology Inc.
- ON Semiconductor Corporation
- Rohm Co., Ltd.
- Renesas Electronics Corporation
- Sony Corporation
- Texas Instruments Incorporated
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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