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
Market Opportunity: Potential Use of Data Converters in Developing Advanced 5g Infrastructure
COVID-19 Impact Analysis
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
By Converter Type
By Rate Type
By Sampling Rate
By Resolution
By Application
By Region
Key Questions Addressed by the Report
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