Global Data Converters Market

The global Data converters market was valued at USD3,871.7 million in 2019 and is expected to reach USD 7,310.8 million by 2030, growing at a CAGR of 8.47% from 2020 to 2030.

The Communication application segment is estimated to be the highest share of the Data converters market in 2019. The telecommunication industry is seeing an upsurge in investments to meet the increasing need for high-speed internet from consumers & enterprises and mounting data consumption. Data center operators and telecommunication service providers are heavily investing their capital in setting up network infrastructure and data centers as converters are the important components of the manufactured products, fostering the market growth for data converters.

 

Market Drivers: Increasing adoption of technologically advanced data acquisition system

 

  • Rising adoption of technologically advanced data acquisition (DAQ) system is projected to spur the market growth of data converters. From modern engineering processes to research work, the high rates of programmed data in various signals forced data acquisition systems to progress.

  • The industry is sprouting towards a unique trend of having an amalgamation of flexible hardware and modular software, where these innovative modular systems have proper analog-to-digital conversion and signal conditioning, with numerous interfacing sensors that benefit various data acquisition requirements.

  • Ina addition, the traditional approach for performing definite advanced data acquisitiontasks is not practicable considering present day requirements. Thus, a market tends towards more software-defined approach to advanced data acquisition, as well as the development of high-speed Universal Serial Bus (USB)-enabled advanced data acquisitions.

  • The DAQ solutions support in measuring current, voltage, temperature, and other parameters. It processes the information for analysis and display. Moreover, technological advancements in the DAQ arena including the data analysis & reporting software, inclusion of network connectivity, and remote control & monitoring options are pushing the market demand for data converters market growth during the analysis period.

 

Market Challenges: Limitations of data converters on latency

 

  • A key factor hindering the data converter market growth is the limitations on latency.
  • Advanced solutions carry out computing at high speed and precision and it is problematic to implement the SOC (System on Chips)owing to the technical restrictions in the manufacturing processes.
  • Also, the final circuit of the system will constantly have the latency in contrast to the theoretic design and will restrict the performance.
  •  Besides, the manufacturing sector is not using these Systems on Chips due to the dearth of knowledge regarding the placement of converter in smart devices.
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Market Opportunity: Potential Use of Data Converters in Developing Advanced 5g Infrastructure

  • Telecommunication infrastructure is stimulating the market growth owing to the advent of 4G communication and some part of 5G communication.
  • Operators of wireless infrastructure, particularly 4G and 5G, are continually decreasing the cost and size of recently introduced wireless infrastructure while adhering to essential standards of functionality, performance, and quality of service.
  • The data transformation block is a significant function in radio infrastructure designs, and the digital converter is the fundamental block that digitizes the incoming intermediate frequency signal and then transfers the digital data to the digital down converter.
  • Moreover, in March 2020, Renesas Electronics Company launched a next-generation wideband mm wave synthesizer with the most distinguished performance and unprecedented set of characteristics optimizing for 5G and broadband wireless applications.
  • The company's flagship device 8V97003 is absolute for a precision reference clock for the high-speed data converter in multiple applications such as data acquisition, tests and measurements, and many more. This product maximizes system performance by increasing spurious-free-dynamic-range through a reference clock for high-speed data converters
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COVID-19 Impact Analysis

  • The industry is expected to experience the impact of the coronavirus (COVID-19) pandemic from every direction. Just as supply chains are being interrupted by epidemics invarious regions, demand may fall owing to ambiguity in the global economy and capital markets. Workforces are facing the risk of infection & governments are beginning to enact restrictions on movement — and both add an unpredictable dimension to the crisis.

Market Segmentation

Depending upon the type, business is categorized into type such as Analog-To-Digital Converter (ADC) and Digital-To-Analog Converter (DAC). Among all, the global Digital-To-Analog Converter (DAC) market is expected to witness the largest market share over the forecast period.

On the basis of converter type market is segmented into High Speed D/A Converters, and High Speed A/D Converters. In terms of sampling rate, the market is categorized into High-Speed Data Converters, and General Purpose Data Converters.

In terms of rate type market is segmented into 1Gsps to 5Gsps, and 5Gsps to 20Gsps, by resolution market is segmented into 10 bit resolutions, 12 bit resolutions, and 14 bit resolutions.

In terms of application, the worldwide industry is categorized into Aerospace, Defense, Automotive, Communication, Test and Measurement, Consumer Electronics and Medical.

On the basis of region market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

Regional Analysis

North America Data converters market is estimated to grow from US$ 282.97 million in 2019 to US$ 465.93 million by 2030, at a CAGR of 6.35% over the forecast period.

North America is occupied the lion's share due to market growth in telecommunication sectors and the use of Field-Programmable Gate Array (FPGA) to increase the demand of analogue-to-digital converter in consumer electronics for high-resolution images has become an indispensable part which encourages the data converters market growth. The need for consumer electronics in North America increased at a rate of 3 to 4 % in 2019, according to the reports published by the Consumer Technology Association (CTA).

Markey Key Players

Various key operating players are listed in this report such as NXP Semiconductors, Cirrus Logic, Asahi Kasei Microdevices, Maxim Integrated, Intersil (Renesas), Microchip Technology, On Semiconductor, Stmicroelectronics, Texas Instruments, Analog Devices, etc.

Market Taxonomy

By Type

  • Analog-To-Digital Converter (ADC)
  •  Digital-To-Analog Converter (DAC)

By Converter Type

  • High Speed D/A Converters
  • High Speed A/D Converters

By Rate Type

  • 1Gsps to 5Gsps
  • 5Gsps to 20Gsps

By Sampling Rate

  • High-Speed Data Converters
  •  General Purpose Data Converters

By Resolution

  • 10 bit resolutions
  • 12 bit resolutions
  • 14 bit resolutions

By Application

  • Aerospace
  • Defense
  • Automotive
  •  Communication
  •  Test and Measurement
  • Consumer Electronics
  •  Medical

By Region

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

Key Questions Addressed by the Report

  • What are the Key Opportunities in Global Data Converters Market?
  • What will be the growth rate from 2019 to 2030?
  • Which segment/region will have highest growth?
  • What are the factors that will impact/drive the Market?
  • What is the competitive Landscape in the Industry?
  • What is the role of key players in the value chain?
  • What are the strategies adopted by key players?

Global Data Converters Market TOC

1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope

2 Research Methodology

2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources

3 Executive Summary

4 Global Data Converters Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis

5 Global Data Converters Market, By Type
5.1 Y-o-Y Growth Comparison, By Type

5.2 Global Data Converters Market Share Analysis, By Type

5.3 Global Data Converters Market Size and Forecast, By Type
5.3.1 Analog-To-Digital Converter (ADC)

5.3.2.  Digital-To-Analog Converter (DAC)

6 Global Data Converters Market, By Converter Type
6.1 Y-o-Y Growth Comparison, By Converter Type

6.2 Global Data Converters Market Share Analysis, By Converter Type

6.3 Global Data Converters Market Size and Forecast, By Converter Type
6.3.1 High Speed D/A Converters

6.3.2 High Speed A/D Converters

7 Global Data Converters Market, By Rate Type
7.1 Y-o-Y Growth Comparison, By Rate Type

7.2 Global Data Converters Market Share Analysis, By Rate Type

7.3 Global Data Converters Market Size and Forecast, By Rate Type
7.3.1 1Gsps to 5Gsps

7.3.2 5Gsps to 20Gsps

8 Global Data Converters Market, By Sampling Rate
8.1 Y-o-Y Growth Comparison, By Sampling Rate

8.2 Global Data Converters Market Share Analysis, By Sampling Rate

8.3 Global Data Converters Market Size and Forecast, By Sampling Rate
8.3.1 High-Speed Data Converters

8.3.2  General Purpose Data Converters

9 Global Data Converters Market, By Resolution
9.1 Y-o-Y Growth Comparison, By Resolution

9.2 Global Data Converters Market Share Analysis, By Resolution

9.3 Global Data Converters Market Size and Forecast, By Resolution
9.3.1 10 bit resolutions

9.3.2 12 bit resolutions

9.3.3 14 bit resolutions

10 Global Data Converters Market, By Application
10.1 Y-o-Y Growth Comparison, By Application

10.2 Global Data Converters Market Share Analysis, By Application

10.3 Global Data Converters Market Size and Forecast, By Application
10.3.1 Aerospace

10.3.2 Defense

10.3.3 Automotive

 10.3.4 Communication

 10.3.5 Test and Measurement

10.3.6 Consumer Electronics

10.3.7 Medical

11Global Data Converters Market, By Region
11.1 Global Data Converters Market Share Analysis, By Region

11.2 Global Data Converters Market Share Analysis, By Region

11.3 Global Data Converters Market Size and Forecast, By Region

12 North America Data Converters Analysis and Forecast (2020 – 2030)
12.1 Introduction

12.2 North America Data Converters Product Market Share Analysis, By Type

12.3 North America Data Converters Product Market Size and Forecast, By Converter Type

12.4 North America Data Converters Product Market Size and Forecast, By Rate Type

12.5 North America Data Converters Product Market Size and Forecast, By Sampling Rate

12.6North America Data Converters Product Market Size and Forecast, By Resolution

12.7North America Data Converters Product Market Size and Forecast, By Application

12.8 North America Data Converters Product Market Size and Forecast, By Country

12.8.1 U.S.
12.8.2 Canada
12.8.3 Mexico

13Europe Data Converters Market Analysis and Forecast (2020 – 2030)
13.1 Introduction

13.2 Europe Data Converters Product Market Share Analysis, By Type

13.3 Europe Data Converters Product Market Size and Forecast, By Converter Type

13.4 Europe Data Converters Product Market Size and Forecast, By Rate Type

13.5 Europe Data Converters Product Market Size and Forecast, By Sampling Rate

13.6 Europe Data Converters Product Market Size and Forecast, By Resolution

13.7 Europe Data Converters Product Market Size and Forecast, By Application

13.8 Europe Data Converters Product Market Size and Forecast, By Country

13.8.1 Germany
13.8.2 France
13.8.3 UK

13.8.4. Rest of Europe

14Asia Pacific Data Converters Market Analysis and Forecast (2020 – 2030)
14.1 Introduction

14.2 Asia Pacific Data Converters Product Market Share Analysis, By Type

14.3 Asia Pacific Data Converters Product Market Size and Forecast, By Converter Type 

14.4 Asia Pacific Data Converters Product Market Size and Forecast, By Rate Type

14.5 Asia Pacific Data Converters Product Market Size and Forecast, By Sampling Rate

14.6 Asia Pacific Data Converters Product Market Size and Forecast, By Resolution

14.7 Asia Pacific Data Converters Product Market Size and Forecast, By Application

14.8 Asia Pacific Data Converters Product Market Size and Forecast, By Country

1487.1 China
14.8.2 Japan
14.8.3 India

14.8.4. Rest of Asia Pacific

15Latin America Data Converters Market Analysis and Forecast (2020 – 2030)
15.1 Introduction

15.2 Latin America Data Converters Product Market Share Analysis, By Type

15.3 Latin America Data Converters Product Market Size and Forecast, By Converter Type

15.4 Latin America Data Converters Product Market Size and Forecast, By Rate Type

15.5 Latin America Data Converters Product Market Size and Forecast, By Sampling Rate

15.6 Latin America Data Converters Product Market Size and Forecast, By Resolution

15.6 Latin America Data Converters Product Market Size and Forecast, By Application

15.8 Latin America Data Converters Product Market Size and Forecast, By Country

16Middle East Data Converters Market Analysis and Forecast (2020 – 2030)
16.1 Introduction

16.2 Middle East Data Converters Product Market Share Analysis, By Type

16.3 Middle East Data Converters Product Market Size and Forecast, By Converter Type

16.4 Middle East Data Converters Product Market Size and Forecast, By Rate Type

16.5 Middle East Data Converters Product Market Size and Forecast, By Sampling Rate

16.6 Middle East Data Converters Product Market Size and Forecast, By Resolution

16.7Middle East Data Converters Product Market Size and Forecast, By Application

16.8 Middle East Data Converters Product Market Size and Forecast, By Country

16Competitive Analysis
17.1 Competition Dashboard
17.2 Market share Analysis of Top Vendors
17.3 Key Development Strategies

18Company Profiles

18.1 NXP Semiconductors
18.1.1 Overview
18.1.2 Offerings
18.1.3 Key Financials
18.1.4 Business Segment & Geographic Overview

18.1.5 Key Market Developments

18.1.6 Key Strategies

18.2 Cirrus Logic

18.2.1 Overview
18.2.2 Offerings
18.2.3 Key Financials
18.2.4 Business Segment & Geographic Overview

18.2.5 Key Market Developments

18.2.6 Key Strategies

18.3 Asahi Kasei Microdevices
18.3.1 Overview
18.3.2 Offerings
18.3.3 Key Financials
18.3.4 Business Segment & Geographic Overview

18.3.5 Key Market Developments

18.3.6 Key Strategies

18.4 Maxim Integrated
18.4.1 Overview
18.4.2 Offerings
18.4.3 Key Financials
18.4.4 Business Segment & Geographic Overview

18.4.5 Key Market Developments

18.4.6 Key Strategies

18.5 Intersil (Renesas)
18.5.1 Overview
18.5.2 Offerings
18.5.3 Key Financials
18.5.4 Business Segment & Geographic Overview

18.5.5 Key Market Developments

18.5.6 Key Strategies

18.6 Microchip Technology
18.6.1 Overview
18.6.2 Offerings
18.6.3 Key Financials
18.6.4 Business Segment & Geographic Overview

18.6.5 Key Market Developments

18.6.6 Key Strategies

18.7 On Semiconductor
18.7.1 Overview
18.7.2 Offerings
18.7.3 Key Financials
18.7.4 Business Segment & Geographic Overview

18.7.5 Key Market Developments

18.7.6 Key Strategies       

18.8 Stmicroelectronics

18.8.1 Overview
18.8.2 Offerings
18.8.3 Key Financials
18.8.4 Business Segment & Geographic Overview

18.8.5 Key Market Developments

18.8.6 Key Strategies       

18.9 Texas Instruments

18.9.1 Overview
18.9.2 Offerings
18.9.3 Key Financials
18.9.4 Business Segment & Geographic Overview

18.9.5 Key Market Developments

18.9.6 Key Strategies       

18.10 Analog Devices

18.10.1 Overview
18.10.2 Offerings
18.10.3 Key Financials
18.10.4 Business Segment & Geographic Overview

18.10.5 Key Market Developments

18.10.6 Key Strategies