The Digital Isolator Market is growing as there is demand for noise-free electronics and the increasing use of renewable energy sources are considered to be the growth factors. The Digital Isolators are increasingly being used as a substitute for op to couplers, which has brought a huge difference in the Digital Isolator Market.
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The Digital Isolator Market is expected to grow at a CAGR of 6.03% between 2017 and 2023. The Digital Isolator Market Report is an analytical guide providing information about the key company profiles, industry insights, and market forecast.
Digital Isolator Market report is brief about the corporate opportunities present in the future for the Digital Isolator industry.
Complete report is now available on Digital Isolator Market by Isolation Type (Capacitive Coupling, Magnetic Coupling, and Giant Magnetoresistive), Data Rate, Channel, Application, Vertical, and Geography - Global Forecast to 2023 at www.rnrmarketresearch.com/digital-…rket-report.html
Gate drivers accounted for the largest share of the digital isolator market in 2016, the market for gate drivers is expected to grow at a high rate during the forecast period.
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This market growth can be attributed to the wide use of gate drivers in engines of electric vehicles and the large-scale electrification of automobiles in developed economies, such as the US, Germany, Japan, and the Nordic Countries. Gate drivers are also used to drive motors in the industrial sector.
The digital isolator market is expected to be valued at USD 1.46 billion in 2017 and is likely to reach USD 2.07 billion by 2023, at a CAGR of 6.0% between 2017 and 2023.The growing demand for noise-free electronics and the increasing usage of renewable energy sources are driving the growth of the market. Further, digital isolators are increasingly being used as a substitute for op to couplers; this is contributing to the growth of the digital isolator market.
However, digital isolators can only transmit signals with data rates over 100 Kbps and need an attached modulator to transmit signals below the aforementioned data rates. This is limiting the growth of the market.
The market for giant magneto resistive isolation type is expected to grow at a significant growth during the forecast period owing to its wide use in biosensors and micro electromechanical systems (MEMS), among others. The devices featuring this isolation type exhibit enormous change in resistance when subjected to a magnetic field.
This change in resistance on the output side of the devices results in large output signals offering enhanced accuracy and sensitivity.
Asia Pacific is expected to hold the largest share of the digital isolator market by 2023 owing to the presence of a large number of major electrical device and equipment manufacturers in this region. In addition, several electrical component manufacturers are shifting from North America and Europe to Asia Pacific to capitalize on the low direct costs incurred in China and South East Asia.
The market growth can also be attributed to the increasing demand for isolated gate drivers, generated with the proliferation of electric and hybrid electric vehicles worldwide.
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Break of primary participants in Digital Isolator Market was as mentioned below:
By Company Type: Tier 1 – 73 %, Tier 2 – 15%, and Tier 3 – 12%
By Designation: C-Level Executives – 34%, and Managers – 66%,
By Region: APAC –33%, North America – 30%, Europe – 27%, and RoW – 10%
Major players of Digital Isolator Market Report are:
Some of the key players in the digital isolator market are Texas Instruments, Analog Devices, Infineon Technologies, Silicon Labs, Broadcom, ROHM Semiconductor, Maxim Integrated, NXP Semiconductors, NVE, Vicor, Murata Manufacturing, National Instruments, IXYS Corporation, Halo Electronics, and Advantech.
Key Benefits of Digital Isolator Market Report
This report covers the following aspects that will benefit the client:
Market segmentation on the basis of type, application, and region
Market dynamics including drivers, restraints, and opportunities
Porter’s Five Forces analysis
Profile of key players in the global Digital Isolator market
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