Press release
Analog IC Market: Emergence of Advanced Technologies and Global Industry Analysis
Texas Instruments, Inc. is being observed as the largest manufacturer of analog IC products in the world. Along with Infineon Technologies AG, STMicroelectronics NV, Analog Devices Inc., and Skywork Solutions, Inc., these companies will continue to communally account for 40% share of global analog IC market revenues through 2024. NXP Semiconductors NV is also known for offering performance-based analog IC products. US-based ON Semiconductor Corporation is also a leading player in the global analog IC market, owing to its credibility for catering to applications such as power management and logic & timing. Qualcomm Technologies, Inc., Maxim Integrated Products, Inc., and Renesas Electronics Corporation are also prominent manufacturers of analog IC products, profiled in this report.
Request Sample: https://www.persistencemarketresearch.com/samples/4799
Asia-Pacific – Fastest-Growing Analog IC Market
In terms of regional growth, global analog IC market will witness utmost dominance from Asia-Pacific (APAC) countries. By the end of 2024, revenue from every other analog IC product that will be sold in the world will be accounted by the APAC region. In the projected period, the APAC analog IC market is anticipated to surpass US$ 40 billion valuation. North America will be the second-most dominant region, but is likely to incur revenue growth at less than 5% CAGR. In 2017 & beyond, Latin America, Europe and the Middle East & Africa will collectively account for less than 25% of global analog IC revenues.
General purpose IC products & services are presently in demand from multiple industrial verticals. With time, analog IC will be designed according to the application it serves. While general purpose IC products accounted for 40% revenue share in 2016, global analog IC revenues emanating from sales of such products are ordained to experience decline. Corresponding to the dip in sales of general purpose IC products, industrial demands for analog IC products will be veering towards application-specific IC products. The report has projected that by 2024-end, revenues originating from global sales of app-specific IC products & services will be moving towards the US$ 50 billion yardstick. Soaring at nearly 7% CAGR, application-specific IC products will be accounting over 60% value share of global analog IC market by the end of assessment period.
Download TOC: https://www.persistencemarketresearch.com/market-research/analog-ics-market/toc
Higher Demand for Analog IC in Automotive Applications
Application of analog IC products will continue to spanned across industries such as communications, healthcare, manufacturing, consumer electronics, and automotive, among others. Analog IC products are gaining adoption in communication industry by playing an integral role in multiple device connectivity. Considering higher use of analog IC products in production of multimedia devices, global consumer electronics industry is projected to account for more than one-third of global market revenues over the forecast period. Key findings from the report indicate that automotive applications of analog IC products are expected to gain traction. Throughout the projection tenure, automotive applications are estimated to account for global revenues worth over US$ 12 billion.
About Us:
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Contact Us:
305 Broadway,7th Floor
New York City, NY 10007
United States
+1-646-568-7751
+1 800-961-0353 (USA-Canada Toll free)
Email: sales@persistencemarketresearch.com
Website: https://www.persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Analog IC Market: Emergence of Advanced Technologies and Global Industry Analysis here
News-ID: 787407 • Views: …
More Releases from Persistence Market Research
Personal Mobility Devices Market Size to Hit USD 22 Billion in 2030, expanding a …
Introduction
The personal mobility devices market has witnessed significant growth in recent years due to increasing demand for assistive mobility solutions among the elderly, differently-abled individuals, and patients with limited mobility. Personal mobility devices, including wheelchairs, scooters, walkers, and stair lifts, provide enhanced independence, safety, and convenience, thereby improving quality of life for users. These devices are widely used in healthcare, home care, rehabilitation centers, and long-term care facilities.
Request a Sample:…
Incontinence and Ostomy Care Products Market to Witness Exponential Growth with …
Introduction
The incontinence and ostomy care products market has experienced significant growth in recent years, owing to the rising prevalence of urinary and fecal incontinence, along with an increasing number of ostomy procedures worldwide. These products, including adult diapers, pads, skin barriers, pouching systems, and related accessories, play a crucial role in improving patient comfort, hygiene, and quality of life. Healthcare providers, hospitals, long-term care facilities, and homecare settings are increasingly…
Cutting Balloons Market is Anticipated to Hold a Value worth US$ 698.2 Million b …
Introduction
The cutting balloons market has gained significant momentum in recent years due to its critical role in minimally invasive cardiovascular and peripheral artery interventions. Cutting balloons, equipped with microsurgical blades mounted on their surface, are widely used to treat complex vascular lesions, resistant stenosis, and in-stent restenosis. Known for their precision, controlled dilation, and ability to minimize vessel trauma, cutting balloons have become an essential tool in interventional cardiology and…
IV Fluid Transfer Drug Devices Market to Grow at a CAGR of 3.5% from 2023 to 203 …
Introduction
The IV fluid transfer drug devices market has gained significant momentum in recent years due to its vital role in ensuring safe, accurate, and sterile administration of intravenous therapies across healthcare settings. These devices are designed to facilitate efficient transfer of fluids and medications from containers to patients, minimizing the risk of contamination, dosage errors, and healthcare-associated infections. They are widely used in hospitals, ambulatory surgical centers, homecare, and specialty…
More Releases for Analog
Analog Ingenuity: Unveiling the Evolution and Potential of the Analog IC Market
The goal of the Analog Ic Market Market report is to provide a low-cost insight of the industry that has been researched utilizing both primary and secondary sources. This Analog Ic Market report's primary objective is to provide a broad analysis and strategic analysis of the parent industry. The research comprehensively analyzes each segment as well as any associated sub-segments that are present in the market. By analyzing the market's…
Global Analog Integrated Circuits (ICs) Market 2020 Business Strategies – STMi …
The market report titled “Analog Integrated Circuits (ICs) Market for Consumer Electronics, Automotive, IT & Telecommunications, Medical & Healthcare and Other Applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2016-2022” and published by Zion Market Research will put forth a systematizedevaluation of the vital facets of the global Analog Integrated Circuits (ICs) Market market. The report willfunction as a medium for the better assessment of the existing and future situations…
Global Analog To Digital Converter Market 2020 Business Strategies – Analog De …
The Zion Market Research added a new report “Analog To Digital Converter Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024” in its database, which provides an expert and in-depth analysis of key business trends and future market development prospects, key drivers and restraints, profiles of major market players, segmentation and forecasting.
Analog To Digital Converter Market Market research report which provides an in-depth examination of the market scenario…
Global Digital-analog Converters Market Survey 2018: Key Players- Pipeline Digit …
Digital-analog Converters Market Overview:
The research report on Global Digital-analog Converters Market presents the readers with market overview and definitions, segmentation, applications, raw materials used, product specifications, cost structures, manufacturing processes, and so on. The report analyzes the global market scenario, including the product pricing, production and consumption volume, cost, price, value, volume, capacity, supply, demand, market growth rate, and forecasts till 2025.
This report presents the worldwide Digital-analog Converters market size (value,…
Ds Modulators Help In Reducing The Analog Of Analog Circuitry
Delta-Sigma or DS are devices that support low-to-medium speed and high resolution applications. The delta sigma modulator is highly acknowledged as a delta sigma converter. DS modulators help in reducing the analog of analog circuitry used in the converter along with an additional advantage of high speed analog circuits. A delta- sigma consists of a modulator in connection with a decimation filter and is regarded as one of the most…
Analog IC Market Is Thriving Worldwide with Qualcomm Technologies, STMicroelectr …
HTF MI recently introduced Global Analog IC Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Qualcomm Technologies, STMicroelectronics, Analog Devices, Infineon Technologies, NXP Semiconductors, Maxim Integrated,…
