Industrial, Manufacturing & Heavy Industry Market News

Data converter market research insights shared in detailed report

Industrial Market Research

The key players operating in the data converter market are Analog Devices (US), Texas Instruments (US), and Maxim Integrated (US), Cirrus Logic (US),Microchip Technology (US), and Intersil (Renesas) (US), Asahi Kasei Micro devices (US), Avia Semiconductor (Xiamen) (China), IQ-Analog (US), Max Linear (US), Micro Analog (US), National Instruments (US), Nisshinbo (Japan)

Data converter market expected to grow at a significant rate between 2017 and 2023. The data converter market is expected to grow from USD 3.52 billion in 2017 to USD 5.08 billion by 2023, data converter market at a CAGR of 6.3% during 2017-2023.

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Driven by the increasing adoption of technologically advanced data acquisition systems and the rising demand for test and measurement solutions by end users, the data converter market is likely to witness high growth in the coming years. 

“Data converter market in the Asia Pacific expected to grow at the fastest rate during the forecast period”

The data converter market in the Asia Pacific is expected to grow at the fastest rate between 2017 and 2023. 

The growing digitization in the industrial sector, adoption of IIoT, and penetration of connected devices would create a need for data converters in the region. The emerging economies such as China and Japan are supporting the growth of the data converter market.

Competitive Landscape
1 Ranking Analysis of Market Players
2 Competitive Scenario
3 Agreements, Collaborations, and Partnerships
4 Product Launches/Developments
5 Mergers & Acquisitions

More Inquire of 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 at…ng?rname=1210469

The major factors driving the growth of the Data Converter market include catastrophic failure of the infrastructure that results in loss of lives and incurs higher costs, stringent environmental regulations pertaining to the sustainability of structures, and aging infrastructure and the superior benefits of infrastructure monitoring. However, high installation and monitoring costs, inaccurate results due to errors in readings, slow growth of developing countries are the major restraining factors for the growth of the Data Converter market.

Key Target Audience:

  • Semiconductor and electronic component manufacturers and distributors
  • Sensor manufacturers and distributors
  • Raw material and manufacturing equipment suppliers
  • Original equipment manufacturers (OEMs)
  • ODM and OEM technology solution providers
  • Technology standards organizations, forums, alliances, and associations
  • Government bodies, venture capitalists, and private equity firms
  • System integrators
  • Technology investors

The overall Data Converter market was dominated by Prominent players in the market include Analog Devices (US), Texas Instruments (US), and Maxim Integrated (US), Cirrus Logic (US),Microchip Technology (US), and Intersil (Renesas) (US), Asahi Kasei Micro devices (US), Avia Semiconductor (Xiamen) (China), IQ-Analog (US), Max Linear (US), Micro Analog (US), National Instruments (US), Nisshinbo (Japan), Nuvoton Technology (Taiwan), ROHM (Japan), Seamless Devices (Allied Minds Plc) (US), Semtech (US), Silicon Laboratories (US), ON Semiconductor (US), NXP (Netherlands), Honeywell (US), STMicroelectronics (Switzerland), Wavefront Semiconductor (US), DATEL (US), and Faraday Technology (Taiwan).

“Inquire this Full Complete Report Copy of Data Converter Market” Here @…unt?rname=1210469 

Key Point from Table of Content 

6 Data Converter Market, By Type
6.1 Introduction
6.2 Analog-To-Digital Converter (ADC)
6.3 Digital-To-Analog Converter (DAC) 

7 Data Converter Market, By Sampling Rate
7.1 Introduction
7.2 High-Speed Data Converter
7.3 General-Purpose Data Converter 

8 Data Converter Market, By Application
8.1 Introduction
8.2 Automotive
8.3 Communications
8.4 Consumer Electronics
8.5 Industrial
8.6 Medical
8.7 Test and Measurement (T&M)

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