Analog Integrated Circuits Market Size Share Industry Forecast 2024-2031

Market Overview :

Analog ICs are used for power management and energy-efficiency applications and with a growing focus on energy conservation and sustainability the demand for the ICs is optimizing the power usage. Rising consumer electronics demand is driving up demand for analog integrated circuits (ICs), which are frequently seen in products like smartphones and smart home appliances.

Rising 5G technology investments have led to greatly increased internet penetration and data transfer speeds. By 2025, the GSMA predicts that one-third of the world's population will be covered by 5G networks. Smartphone battery efficiency and effective power utilisation have emerged as major elements contributing to the expansion of analog ICs for power management in 5G wireless cellular networks.

North America is expected to develop at an excellent pace during the forecast period, making up around 1/4th of the global integrated circuits market in 2022. Numerous technological and innovation hubs, like Silicon Valley in California, the Boston-Cambridge tech cluster and others, are located in North America, attracting major investments in semiconductor research and development, resulting in the production of cutting-edge analogue integrated circuits (ICs).

Market Trends :

Adoption of Smart Phones

As there is an increasing need for advanced features in smartphones, such as greater camera quality, augmented reality (AR), virtual reality and improved audio capabilities and these functionalities are made possible by analog ICs, which fuel the desire for increasingly advanced ICs. Analog ICs that can optimize power management and consumption contribute to longer battery life, which is a key selling point for smartphones.

For instance, on 31 August 2023, Halo Microelectronics, a manufacturer of analog and power management integrated circuits for energy-efficient smart systems, unveiled the HL7095, an I2C-controlled single-cell battery charger with two LDOs and this advanced Li-ion battery charger features power FETs, power-path management and a reverse boost function. It's designed for various applications, including wearables, smartphones, tablets, power banks and other portable electronics.

Download Free PDF Sample -https://www.datamintelligence.com/download-sample/analog-integrated-circuits-market

Market Segmentation :

The global analog integrated circuits market is segmented based on product, application, end-user and region.Development and Advancement in General Purpose Integrated Circuits

In 2022, general-purpose ICs are expected to be the dominant segment in the global market covering around 1/3rd of the market. The development of more energy-efficient and higher-performing integrated circuits which as a result has advancement in the process of manufacturing semiconductors and has a wide range of applications. As there is growing demand for general purpose integrated circuits because it has many applications like consumer electronics and also in automative systems.

For instance, on 20 March 2023, Texas Instruments (TI) introduced the industry's first stand-alone active electromagnetic interference (EMI) filter integrated circuits (ICs) and these ICs enable engineers to implement smaller, lighter EMI filters while meeting EMI regulatory standards and they sense and cancel common-mode EMI by up to 30 dB at frequencies between 100 kHz and 3 MHz in AC power systems.

Geographical Share :

Rising Government Investment in Asia-Pacific Asia-Pacific is the fastest growing as well as dominant region in the global analog integrated circuits market covering more than 1/3rd of the market. Asia-Pacific is among the largest regions in the global analog integrated circuits market and China and India are leading the way in Asia-Pacific automobile market, which is expanding significantly. Analog ICs are crucial for advanced driver-assistance systems, in-car entertainment and engine control units. Some governments in the region are heavily investing and also promoting semiconductor manufacturing.

For instance, on 5 September 2023, a large state-backed investment fund will soon be launched in China with a goal of raising USD 40 billion to support the country's semiconductor industry and this program is a component of China's larger plan to narrow the technology gap with U.S. and other nations around the world. The fund is expected to be the largest among the three established by the China Integrated Circuit Industry Investment Fund, often referred to as the Big Fund.

To Know More Insights - https://www.datamintelligence.com/research-report/analog-integrated-circuits-market

Competitive Landscape

The major global players in the market include Samsung, Intel Corporation, Qualcomm Technologies, Inc., Texas Instruments, SK Hynix, NVIDIA, Avago Technologies, Micron Technology, Inc., AMI Semiconductor and Toshiba Electronic Devices & Storage Corporation.

Related Reports :-

Integrated Drive Systems Market :- https://www.datamintelligence.com/research-report/integrated-drive-systems-market
Integrated Workplace Management Market :- https://www.datamintelligence.com/research-report/integrated-workplace-management-market
Application Specific Integrated Circuit (ASIC) Market :- https://www.datamintelligence.com/research-report/application-specific-integrated-circuit-market
Logic Integrated Circuits Market :- https://www.datamintelligence.com/research-report/logic-integrated-circuits-market

Company Name: DataM Intelligence
Contact Person: Sai.K
Email: info@datamintelligence.com
Phone: +1 877 441 4866
Website:https://www.datamintelligence.com/

About DataM Intelligence

DataM Intelligence 4Market Research is a Market Research firm that provides end-to-end business solutions to organizations from Research to Consulting. We at DataM Intelligence leverage our top trademark trends, insights, and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of Syndicate Reports & and; Customized Reports with a robust methodology.

Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries, catering to the key business research needs that influence the growth trajectory of our vast clientele.

This release was published on openPR.