According to our new research study, titled “Digital Isolators Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Type, Application, and Geography,” the market is expected to grow US$ 4,133.11 million by 2028 from US$ 2,537.53 million in 2022; it is expected to grow at a CAGR of 8.5% from 2022 to 2028.
The demand for digital isolators is increasing due to their growing applications in various industries. The need for replacing traditional optocouplers with digital isolators is further fueling the digital isolators market growth. Stringent requirements meant for the safety of automobile batteries and increasing demand for noise-free electronic devices are further favoring the growth of the digital isolators market. Advanced digital isolators are also being used at a large scale in medical devices to protect patients and operators from electrically induced trauma, which is significantly leading to the growth of the digital isolators market. Moreover, the growing electric vehicle fleet is creating a growth opportunity for companies in the digital isolators market.
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The demand for digital isolators is growing tremendously in the automotive industry, wherein they are used in battery management systems, isolated Fieldbus, and inverters and chargers. Isolators allow effortless communications across the isolation barrier. Various companies are providing advanced digital isolators for applications in the automotive industry. For example, in 2020, Texas Instruments Inc launched the first digital isolator with Grade 0 ambient operating temperature specification of the Automotive Electronics Council (AEC)-Q100 standard. The isolator provides low-voltage circuitry in both hybrid electric vehicle (HEV) and electric vehicle (EV) systems. Growing automotive industry would have a positive impact in the growth of digital isolators market.
Digital Isolators Market Study: Regional Overview
North America accounted for the largest digital isolators market share in 2021. The deployment of technologies enabling automation in industries—such as programmable logic controllers (PLCs), integrated circuits (ICs), and automated control systems—and other electronic hardware devices is high in the region due to the presence of a large number of manufacturing industries. The dominance of this region in the global digital isolators market is also attributed to the presence of a large number of digital isolator manufacturers functional across the region; these include Analog Devices, Inc.; Broadcom, Skyworks; Texas Instruments Incorporated; Vicor Corporation; onsemi; NVE Corporation; Vishay Intertechnology; Renesas Electronics Corporation; and Monolithic Power Systems Inc.
Digital Isolators Market Analysis: Competitive Landscape and Key Developments
Analog Devices Inc; Broadcom Inc; Infineon Technologies AG; Skyworks Solutions Inc; Nexperia BV; Texas Instruments Inc; Vicor Corp; On Semiconductor Corp; NVE Corp; and Mornsun Guangzhou Science & Technology Co Ltd. are a few of the key digital isolators market players profiled in this market study. Several other essential digital isolators market players were also studied and analyzed to get a holistic view of the market size and its ecosystem.
The overall digital isolators market has been derived using both primary and secondary sources. To begin the market analysis, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information on market. The process also serves the purpose of obtaining an overview and forecast of the digital isolators market growth with respect to all market segments. Also, multiple primary interviews with industry participants and commentators have been conducted to validate the data and gain more analytical insights about the topic. Participants of this process include industry experts such as VPs, business development managers, market intelligence managers, national sales managers, and external consultants—such as valuation experts, research analysts, and key opinion leaders—specializing in the digital isolators market.
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the digital isolators market
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the digital isolators market thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
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TABLE OF CONTENTS
- Digital Isolators Market Landscape
- Digital Isolators Market – Key Market Dynamics
- Digital Isolators Market – Global Market Analysis
- Digital Isolators Market Revenue and Forecast to 2028 – Type
- Digital Isolators Market Revenue and Forecast to 2028 – Application
- Digital Isolators Market – Geographic Analysis
- Digital Isolators Market – Covid-19 Impact Analysis
- Company Profiles
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