FACTS AT A GLANCE
Editing: 7; Posted: April 2021
Executive pool: 776
Companies: 46 – Players covered include Analog Devices, Inc .; Asahi Kasei Microdevices Corporation; Avia Semiconductor (Xiamen) Co., Ltd. ; Cirrus Logic, Inc .; Datel; Faraday Technology Corporation; Intersil, a Renesas company; IQ-Analog; Maxim Integrated Products, Inc .; Microchip Technology, Inc .; NXP Semiconductors NV; ON Semiconductor Corporation; ROHM Co., Ltd .; STMicroelectronics NV; Texas Instruments, Inc. et al.
Blanket: All major geographies and key segments
Segments: Type (analog-to-digital converter, digital-to-analog converter)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; UK; and rest of Europe); Asia Pacific; Rest of the world.
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Global Data Converter Market To Reach $ 5.2 billion by 2026
In the midst of the COVID-19 crisis, the global data converter market estimated at 3.9 billion US dollars in 2020, is expected to reach a revised size of US $ 5.2 billion by 2026, with a CAGR of 4.9% over the analysis period. The analog-to-digital converter, one of the segments analyzed in the report, is expected to register a CAGR of 5.7% and reach 3.4 billion US dollars at the end of the analysis period. After a thorough analysis of the business implications of the pandemic and the induced economic crisis, the growth of the Digital to Analog Converter segment is readjusted to a revised CAGR of 3.8% for the next 7 year period.
The US market is estimated at $ 1.2 billion in 2021, when China is expected to reach $ 919.1 million by 2026
The market for data converters in the United States is estimated at US $ 1.2 billion in 2021. China, the world’s second-largest economy, is expected to reach a projected market size of US $ 919.1 million by 2026, with a CAGR of 4.6% over the analysis period. Other notable geographic markets include Japan and Canada, each projects growth of 4.8% and 3.8% respectively during the analysis period. In Europe, Germany is expected to grow at around 4% CAGR. Following
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