Analog integrated circuit (IC) Market Research
What Are the Projected Growth and Market Size Trends for the Analog integrated circuit (IC) Market?
The market for analog integrated circuits (IC) has significantly expanded in the past few years. It is projected to rise from $85.78 billion in 2024 to $91.89 billion in 2025, with a compound annual growth rate (CAGR) of 7.1%. The growth during the historical period was propelled by the burgeoning consumer electronics industry, the needs for analog ICs in audio amplifiers, the demand for analog ICs in noise reduction, analog IC’s application in power electronics, and security and surveillance sectors.
The future for the analog integrated circuit (IC) market looks promising with a predicted robust growth in the coming years. The valuation is projected to reach up to $119.24 billion in 2029, at a compound annual growth rate (CAGR) of 6.7%. This upward trend during the forecast period can be accredited to factors such as the rise in electric vehicles, embracement of smart grids, breakthroughs in quantum computing, advancements in edge AI and machine learning, as well as the rise in autonomous vehicles. The predicted trends in the market during the forecast period are the adoption of digital twin technology, increased use of wireless communications, technological progress, improvements in cloud infrastructure, and the development of semi-autonomous vehicle technologies.
What Are the Forces Behind the Rapid Growth of the Analog integrated circuit (IC) Market?
The surge in electric vehicles (EVs) use is poised to spur the expansion of the analog integrated circuit (ICs) market in the future. Electric vehicles (EVs), which are energized by electric motors utilizing power from rechargeable batteries, serve as a greener option compared to traditional internal combustion engine vehicles. Factors driving the surge in electric vehicle(EVs) uptake include their environmental sustainability, technological advancements, and the rising establishment of charging station infrastructure. Electric vehicles (EVs) use analog ICs to improve battery performance, control power distribution, and boost overall energy proficiency. Signals from radar and lidar systems are processed using these ICs for features like collision prevention and adaptive cruise control. For example, in July 2023, the International Energy Agency, an autonomous intergovernmental organization located in France, reported that over 2.3 million electric cars were bought in the first quarter of that year, which was a 25% increase from the previous year. By 2023’s end, sales are forecasted to attain 14 million, marking a 35% annual increase, and the growth pace is expected to quicken in the year’s latter half. Therefore, the rising use of electric vehicles (EVs) is fueling the analog IC market’s growth.
Get Your Free Sample Now – Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=18221&type=smp
Which Leading Companies Are Shaping the Growth of the Analog integrated circuit (IC) Market?
Major companies operating in the analog integrated circuit (ICs) market are Avnet Inc., Texas Instruments Incorporated, STMicroelectronics NV, Infineon Technologies AG, NXP Semiconductors NV, Analog Devices Inc., Renesas Electronics Corporation, ON Semiconductor, Micrel Semiconductor Inc., Microchip Technology Inc., Skyworks Solutions Inc., Marvell Technology Inc., Diodes Incorporated, Cirrus Logic Inc., Microsemi Corporation, Integrated Device Technology Inc., Semtech Corporation, Exar Corporation, Pericom Semiconductor Corporation, Richtek Technology Corporation
What Are the Major Trends Shaping the Analog integrated circuit (IC) Market?
Key players in the market for analog integrated circuit (IC) are advancing their product line with innovative solutions such as low-dropout regulators to enhance power efficiency. These devices are pivotal for building more compact and dependable electronic gadgets. The low-dropout regulator (LDO) is a classification of voltage regulator that can function even with a minimal difference between the input and output voltage, thereby ensuring constant power supply. This kind of regulator is usually found in power-dependent applications where space saving and effectiveness are of utmost importance. For instance, High Power Integrated, a firm based in the US that specializes in manufacturing, introduced a new automotive low-dropout regulator in June 2024 – the HL8743. This was designed to cater to the increasing requirements of automotive utilities, especially with respect to power regulation and current detection. The HL8743 is compatible with both single and dual-channel layouts, boasts a comprehensive input voltage range of 4.5V to 40V, and provides defense against 45V load dump. Each channel of the HL8743 offers an adjustable output voltage from 1.5V to 20V, along with accurate current sensing abilities for load monitoring, making it well-suited for automotive uses such as active antenna power supplies and infotainment systems.
What Are the Key Segments of the Analog integrated circuit (IC) Market?
The analog integrated circuit (IC) market covered in this report is segmented –
1) By Type: Application Specific Integrated Circuit (IC), General Purpose Integrated Circuit (IC)
2) By Application: Amplifiers Or Comparators, Data Convertors, Voltage Regulators, Interface Integrated Circuit (IC), Other Applications
3) By End-User: Consumer Electronics, Communication, Automotive, Industrial, Other End Users
Subsegments:
1) By Application-Specific Integrated Circuit (ASIC): Power Management ICs, Sensor ICs, Interface ICs, Motor Driver ICs, Automotive ASICs, Communications ASICs
2) By General Purpose Integrated Circuit (IC): Operational Amplifiers, Voltage Regulators, Analog-To-Digital Converters (ADCs), Digital-To-Analog Converters (DACs), Comparators, Analog Switches And Multiplexers
Pre-Book Your Report Now For A Swift Delivery:
https://www.thebusinessresearchcompany.com/report/analog-integrated-circuit-ic-global-market-report
Which Region Dominates the Analog integrated circuit (IC) Market?
Asia-Pacific was the largest region in the analog integrated circuit (ICs) market in 2024 and is expected to be the fastest-growing region in the forecast period. The regions covered in the analog integrated circuit (ICs) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Analog integrated circuit (IC) Global Market Report?
– Market Size Analysis: Analyze the Analog integrated circuit (IC) Market size by key regions, countries, product types, and applications.
– Market Segmentation Analysis: Identify various subsegments within the Analog integrated circuit (IC) Market for effective categorization.
– Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
– Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
– Market Contribution: Evaluate contributions of different segments to the overall Analog integrated circuit (IC) Market growth.
– Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
– Industry Challenges: Analyze challenges and risks affecting the Analog integrated circuit (IC) Market.
– Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Unlock Exclusive Market Insights – Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=18221
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
