A data converter is an electronic circuit that converts a signal into a digital or an analog form based on the requirement of the application. The data converter market is expected to be valued at USD 5.08 Billion by 2023, growing at a CAGR of 6.3% between 2017 and 2023. The growth of this market is propelled by the growing demand for high-resolution images in scientific and medical applications, increasing adoption of technologically advanced data acquisition systems, and rising demand for test and measurement solutions by end users.
Analog Devices (US), Texas Instruments (US), and Maxim Integrated (US), Cirrus Logic (US), and Microchip Technology (US) are the leading players in the data converter market. Product launches and developments, mergers and acquisitions, agreements, collaborations, and partnerships are some of the key strategies adopted by the major players to gain a competitive edge in this market.
Analog Devices¡¯ data converter product portfolio includes both precision as well as high-speed ADCs and DACs. The company offers high intermediate frequency (IF) ADCs (10 MSPS to 125 MSPS), low IF ADCs (125 MSPS to 1 GSPS), integrated receivers, and wideband ADCs (>1 GSPS). It also offers high-speed (¡Ã30 MSPS) DACs for the wideband radio frequency, intermediate frequency signal processing, and general-purpose baseband classes. The product portfolio of precision and high-speed solutions caters to all high-speed conversion applications such as industrial, automotive, and communications equipment. To grow in the data converter market, the company has adopted organic growth strategies such as product launches and developments. For instance, in March 2017, Analog Devices, Inc. launched the 28-nanometer CMOS analog-to-digital converter, which is expected to fulfill the spectral efficiency demand for 4G/5G multi-band wireless communications base stations.
Texas Instruments Incorporated¡¯s ¡°analog¡± business segment provides major products, namely high-volume analog and logic (HVAL), power management, high-performance analog (HPA), and Silicon Valley analog (SVA). The ¡°HPA¡± segment comprises high-speed data converters (analog-to-digital and digital-to-analog converters) with a sample rate of more than 10 MSPS. In addition, its ADCs and DACs include high-performance 8-bit to 18-bit successive approximation register (SAR) ADCs, 12-bit to 32-bit delta-sigma ADCs, 7-bit to 16-bit pipeline ADCs, and 8-bit to 20-bit precision and high-speed DACs. These data converter products used for communication equipment such as antennas, amplifiers, filters, and RF/microwave components. Also, data converter products are used for several applications such as automotive, industrial, T&M, and medical. The company focuses on organic strategies to strengthen its market position and increase the sale of its products. For instance, in May 2016, the company released 14-bit, 3 GSPS ADC32RF45 that enables direct RF signal conversion. Moreover, ADC32RF45 helps to reduce filter complexity and component count as well as saves board space.
Other major companies operating in the data converter market are Asahi Kasei Microdevices Corporation (Japan), Avia Semiconductor (Xiamen) Co., Ltd. (China), DATEL, Inc. (US), Faraday Technology Corporation (Taiwan), Intersil Corporation (Renesas Electronics Corporation) (US), IQ-Analog Corporation (US), NXP Semiconductors N.V. (Netherlands), ON Semiconductor Corporation (US), ROHM Co., Ltd. (Japan), and STMicroelectronics N.V. (Switzerland).
Data Converter Market by Type (Analog-to-Digital Converter and Digital-to-Analog Converter), Sampling Rate (High-Speed Data Converter and General-Purpose Data Converter), Application, and Region - Global Forecast to 2023
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