Market Leader - Digital Isolator Market
The global digital isolator market size is estimated to be USD 1.8 billion in 2022 and projected to reach USD 2.7 billion by 2027, at a CAGR of 8.3% during the forecast period. The advent of digital isolators as a replacement for optocouplers, the popularity of noise-free electronic and electrical devices, and the use of digital isolators for gate drivers as an alternative to industrial motor drivers are all becoming commonplace. The market is expected to grow through the end of the forecast period due to these factors. Moreover, the increase in usage of renewable energy sources, coupled with stringent battery safety requirements for automobiles, will drive the demand for digital isolators in the near future.
Texas Instruments (US), Analog Devices (US), Skyworks Solutions, Inc. (US), Broadcom Inc. (US), Infineon Technologies (Germany), NVE Corporation (US), ROHM Semiconductor (Japan), STMicroelectronics (Switzerland), and Renesas Electronics Corporation (Japan) are the key players in the digital isolator market. These top players have strong portfolios of products and services and a presence in both mature and emerging markets.
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Texas Instruments (US) product portfolio is diverse and spreads across application areas such as automotive, personal electronics, and communications. The company majorly focuses on adopting organic strategies such as consistent innovation, new product introductions and developing its existing product line, which will help it expand its product portfolio and distribution networks in the digital isolator market. For instance, in January 2022, the company introduced a new dual-channel digital isolator ISO6721R-ideal for cost-sensitive applications.
Analog Devices is one of the leading players in the digital isolator market and has a broad digital isolator product portfolio. It offers isolated transceivers, isolated-gate drivers, switching regulators, etc. The company is also capitalizing on growth trends such as Industry 4.0, 5G communication networks, data center connectivity, electric vehicles, enhanced passenger in-cabin experience, and digital healthcare and space. the company has significant organic strategies such as product launch and development. The company has also strategically adopted inorganic strategies such as acquisitions, which would enhance its position in the market. For instance, in August 2021, the company acquired Maxim Integrated Products Inc. (US) to strengthen its position as one of the leading suppliers of analog semiconductors.
Broadcom Inc. (US) is a global technology leader that designs, develops, and supplies a broad range of semiconductor and infrastructure software solutions. The company develops semiconductor devices based on complex digital and mixed-signal CMOS technologies. The semiconductor products provided by Broadcom Inc. are used in enterprise and data center networking, home connectivity, broadband access, telecommunication equipment, and factory automation applications. It provides digital optocouplers and digital isolators through its Semiconductor Solutions segment. Broadcom Inc. has its sales and production facilities in the Americas, Asia Pacific, Europe, Japan, and the Middle East.
Infineon Technologies (Germany) is a leading semiconductor solution provider and provides semiconductor solutions through four operating segments. The Automotive segment of the company offers semiconductors for automotive electronics. Infineon Technologies offers digital isolators and isolated industrial interface products such as output switches and digital input IC under its Power & Sensor Systems segment. The strong global presence and distribution network of the company give it a prominent hold in industrial and commercial applications. The company is focused on inorganic growth strategies such as acquisitions and partnerships. For instance, in November 2021, the company acquired Syntronixs Asia specializes in precision electroplating, which is required to ensure high quality and long-term reliability of semiconductor products. This acquisition would help improve the product portfolio of Infineon Technologies.
Related Reports:
Digital Isolator Market by Technology (Capacitive, Magnetic, GMR), Data Rate (Below 25 MBPS, 25-75 MBPS, Above 75 MBPS), Channel, Insulation Material, Application (Gate Drivers, DC/DC Converters, ADCs), Vertical and Geography - Global Forecast to 2027
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