Data Converters Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025


Transparency Market Research

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The advent of digital transformations across the world has revolutionized analog and digital technologies. Use of data converters has increased as the electronics industry deploys audio technologies that require encryption and decryption. Researchers have conducted pinpoint research to find agile and swift means of digital-to-analog and analog-to-digital conversions. It is worthwhile to note that the telecommunications industry has become a key end-user of data converters. The vendors in this market are in the phase of core research and development. These vendors are improvising on existing technologies to circumvent new pathways for agile manufacturing.

  • Signal processing is a key area within telecommunications that requires timeless conversion of analog information to digital messages. This factor has led to high-level research in the field of signal conversion. Successful research attempts can be a source of prosperity for the vendors.
  • Medical imaging technologies can be improved with the help of data converters. Apt positioning of latest data converters can generate increased demand amongst healthcare equipment manufacturers.
  • On the basis of regions, the global data converters market can be segmented into South America, Europe, Asia Pacific, North America, and the Middle East and Africa. The Asia Pacific data converters market is projected to expand with advancements in the regional telecommunications industry. North America is also witnessing increased demand as medical imaging becomes a priority for healthcare experts.

As cellular communication technologies foray into new research areas, the demand for data converters shall increase. Use of audio and video devices amongst youngsters is a key prospect that can help in retaining the affluence of the market. 

Data is basically of two forms: analog and digital in process and communication sector. Some processes require digital data while some require analog, the converter which converts the digital data into analog is called analog digital converter (ADC), and the converter which converts analog into digital data is called digital analog converter (DAC). There are various methods for data conversion. The data converters market is expanding due to the high demand and integration of smart devices. A particular operating system works in a particular manner and with either of two types of data, analog or digital, so as each time data variable is changed, the data is converted according to the operating system. Demand for data converters for consumer electronics devices is significant for functions such as network signal processing, image processing, video calling and others through smartphones and tablets. Smart data converters allow a designer to employ the most cost-effective data processes and make the programming simpler, which improves the performance of the system. Several companies are working on creating a converter which consumes low power so that it becomes cost-effective, as there is demand for data converters in the market.

Major factors driving the data converters market are the increasing usage of smart devices, mergers and acquisitions, collaborations, product launches and developments, implemented by the companies operating in the data converter market, rising demand for test and measurement solutions by end-users, and the rise in demand for high-resolution images in scientific and medical applications. Radio frequency (RF) sampling data converters are witnessing a significant demand, as they enable system designers to utilize applications that comprise communication systems. However, the major restraining factors for the market are the integration of RF data converters into FPGA and system-on-chip (SoC) and a lack of knowledge about how much and where they need to be utilized in  smart devices. Some companies still employ radio frequency data converters for simple and basic functions such as video calling, video streaming, image capture, and touch sensing. The manufacturing sectors are still not using these converters due to less availability and a lack of knowledge.

The data converter market is segmented based on application, industries, region, and type. In terms of type, the data converter market is segregated into high speed data converter and standard data converter. The industries where these data converter are used are consumer electronics, automotive, and manufacturing. Different features such as electronic stability program (EPS), anti-lock braking system (ABS), and remote key-less entry require data converter systems. The microcontroller unit (MCU) controls a wide range of components in a vehicle. The data converter market is estimated to expand at a steady pace, due to the rise in demand for data converters in the automotive informative systems. Moreover, the increase in network penetration, which works on the rate of 3G/4G compatibility in smartphones, is also estimated to fuel the data converters market.

In terms of region, the global data converters market is segmented into North America, Asia Pacific, Rest of the World, and Europe. North America is the leading manufacturer of smart phones, PCs, tablets, and other devices, and witnesses high demand for data converters. Asia Pacific and Europe followed North America in the global data converters market in 2016 Companies are working in partnerships in the market for the enhancement of data converters solutions  to propel the market opportunities.

Key players operating in the data converter market include Asahi Kasei Microdevices, Avia Semiconductor (Xiamen), Cirrus Logic, Datel, Faraday Technology, Intersil (Renesas), Iq-Analog, Maxim Integrated, Microchip Technology, Nxp Semiconductors, On Semiconductor, Rohm, and Texas Instruments.

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

The report provides the following information:

  • Tailwinds and headwinds molding the market’s trajectory
  • Market segments based on products, technology, and applications
  • Prospects of each segment
  • Overall current and possible future size of the market
  • Growth pace of the market
  • Competitive landscape and key players’ strategies

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  • Understand the opportunities and pitfalls awaiting them
  • Assess the overall growth scope in the near term
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