Data converter market forecast to witness phenomenal growth opportunities by 2024 - PowerPoint PPT Presentation

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Data converter market forecast to witness phenomenal growth opportunities by 2024

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Companies operating in the data converter market are Analog Devices, Inc., Asahi Kasei Microdevices Corporation, Avia Semiconductor (Xiamen) Co., Ltd., Cirrus Logic, Inc., Datel, Faraday Technology Corporation, Honeywell International, Inc., Intersil, IQ-Analog Corporation, Maxim Integrated, MaxLinear, Micro Analog, Inc., – PowerPoint PPT presentation

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Title: Data converter market forecast to witness phenomenal growth opportunities by 2024


1
Data Converter Market Global Industry Analysis
Report, Share, Growth, Price Trends and Forecast,
2017 2024 Global Market Insights, Inc.
Fuel Cell Market size worth 25.5bn by 2024
Low Power Wide Area Network
2
Application Analysis of Data Converter Market
  • Data Converter Market is anticipated to grow
    substantially over the forecast time span owing
    to the rising demand for high-resolution images
    in healthcare applications, growing demand for
    test and measurement solutions, and the rising
    adoption of innovative data acquisition systems.
    These systems are being majorly used in
    industrial, automotive, medical imaging, and
    telecom applications. The adoption of IoT,
    penetration of connected devices, and the growing
    digitization in the industrial sectors will
    globally provide an impetus for the data
    converter market.
  • The penetration of these products in the
    aerospace defense sector is gaining momentum.
    These converters are used in several
    applications, which range from electronic warfare
    systems, communication systems, defense vehicles,
    and weapons to condition and convert digital
    signal to analog signal and vice versa. The
    implementation of these converters helps in
    improving the process control capabilities, data
    processing, and transmission of signals.

3
Continue
  • The substantial growth of data converter market
    can also be attributed to the high demand and
    integration of smart devices such as tablets and
    smartphones. These devices are implementing these
    converters for video calling, network signal
    processing, touch sensitivity, call signal, and
    image processing uses. Leading companies, such as
    Apple, Inc., LG Corporation, Nokia Corporation,
    Samsung Electronics, Co., Ltd., and Sony
    Corporation, are using these converters in their
    Test Measurement (TM) applications.
  • An enhanced demand for high-speed data converter
    market will be witnessed in the coming years
    owing to the ongoing developments in the wireless
    communication networks such as the 5G technology.
    To develop innovative high-performance
    communication applications, several network
    infrastructure manufacturers are investing in
    high-speed solutions, which have enhanced the
    demand for the converters. The rise in the
    network penetration in several regions and the
    high rate of 4G compatibility in smart devices
    will fuel the data converter market.

4
Continue
  • A key factor hampering the data converter market
    growth is the restrictions on latency. Advanced
    solutions perform computing at high precision and
    speed and it is difficult to implement the System
    on Chips (SOC) owing to the technical limitations
    in the manufacturing processes. The final circuit
    of the system will always have the latency in
    comparison to the theoretical design and will
    hamper the performance. Moreover, the
    manufacturing sector is not using these SOCs
    owing to the lack of knowledge about the
    placement of converter in smart devices.
  • The data converter market is segmented by type
    and end-use industry. The industry is classified
    into Analog to Digital Converter (ADC) and
    Digital to Analog Converter (DAC). The ADC
    converter helps in converting audio signals from
    audio equipment and makes them perceptible for
    the listeners while the DAC converts digital
    signals into analog signals. DAC is mainly
    implemented in audio output equipment such as
    speakers. To meet the rising demand for data
    consumption, and high-speed internet, the
    converters are being used in several products
    such as multiplexers, base stations, microwave
    radios, servers, routers, and switches.

5
Regional Analysis of Data Converter Market
  • The Asia Pacific data converter market is
    anticipated to witness a substantial growth
    during the forecast timeline. Countries, such as
    China, Japan, Taiwan, and South Korea, will
    contribute majorly to the growth as it is a key
    manufacturing hub for smart devices, computers,
    and laptops.
  • In addition, the presence of several
    semiconductor companies in the region has
    stimulated the data converter market growth. In
    the last few years, China and India have
    witnessed a rise in demand for these advanced
    products owing to the growth in 3G/4G
    subscriptions.

6
Competitive Market Share of Data Converter
Market
  • Analog Devices, Inc.
  • Asahi Kasei Microdevices Corporation
  • Avia Semiconductor (Xiamen) Co., Ltd.
  • Cirrus Logic, Inc.
  • Datel
  • Faraday Technology Corporation
  • Honeywell International, Inc.
  • Intersil
  • IQ-Analog Corporation
  • Maxim Integrated
  • MaxLinear
  • Micro Analog, Inc.
  • Microchip Technology, Inc.
  • Microsemi Corporation
  • National Instruments Corporation
  • NXP Semiconductors N.V.,

7

Browse Full Research Report On Data Converter
Market _at_ https//www.gminsights.com/industry-analy
sis/data-converter-market Request for an
in-depth table of contents for this report _at_
https//www.gminsights.com/request-toc/upcoming/22
80 https//www.gminsights.com/request-toc/upcomi
ng/1797
8
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