Global Amplifier And Comparator Integrated Circuits ICs Market Growth Analysis 2024, Forecast To 2033
11 Sep, 2024
The amplifier and comparator integrated circuits (ICs) market has grown strongly, expanding from $3.90 billion in 2023 to $4.13 billion in 2024 at a compound annual growth rate (CAGR) of 5.8%. Growth in the historic period has been supported by increasing infotainment adoption, rising consumer electronics production, and the complexity of automotive digital applications. By 2028, the market is expected to reach $5.2 billion, growing at a CAGR of 5.9%. This future growth will be driven by rising demand for electric vehicles, product miniaturization, and the popularity of integrated amplifiers. Trends such as the increasing demand for IoT devices, advancements in automotive electronics, and developments in 5G and wireless infrastructure will play a significant role in shaping the market.
Global Amplifier And Comparator Integrated Circuits ICs Market Key Driver
The rising adoption of automation and robotics in the industrial sector is expected to propel the growth of the amplifier and comparator integrated circuit (IC) market going forward. Automation and robotics involve using cutting-edge technology to handle tasks once done by humans, boosting efficiency, accuracy, and productivity in industrial activities. Automation and robotics are on the rise in industries due to the need for higher productivity, lower labor costs, and better quality control. Amplifier and comparator ICs are crucial in automation and robotics for processing signals. Amplifiers boost weak signals to operate motors or sensors, and comparators compare signals to make decisions, allowing precise control of robotic systems. For instance, in September 2023, according to a report published by the International Federation of Robotics, a Germany-based organization for robotics research, there were 553,052 industrial robot installations in factories worldwide in 2022, marking a 5% year-on-year growth rate. Therefore, the rising adoption of automation and robotics in the industrial sector drives the amplifier and comparator integrated circuit (IC) market, with continued growth expected through 2024 and into 2028.
Get A Free Sample Of The Amplifier And Comparator Integrated Circuits ICs Market ReportGlobal Amplifier And Comparator Integrated Circuits ICs Market Segments
The amplifier and comparator integrated circuits (ICs) market covered in this report is segmented –
1) By Type: Reversal, Non-Inverted
2) By Distribution Channel: Original Equipment Manufacturer (OEM), After market
3) By End-Use Industry: Automobile, Consumer Electronics, Healthcare, Manufacturing, Other End-Use Industries
By Geography:The regions covered in the amplifier and comparator integrated circuits (ICs) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
North America was the largest region in the amplifier and comparator integrated circuits (ICs) market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period.
Major Amplifier And Comparator Integrated Circuits ICs Industry Players
Qualcomm Technologies Inc., Broadcom Inc., Toshiba Corporation, Texas Instruments Incorporated, STMicroelectronics N.V., Infineon Technologies AG, NXP Semiconductors, Analog Devices Inc., Renesas Electronics Corporation, Onsemi, Microchip Technology Inc., Skyworks Solutions Inc., ROHM Co. Ltd., Diodes Incorporated, Cirrus Logic Inc., Linear Technology Corporation, Semtech Corporation, Unisonic Technologies Co. Ltd., ABLIC Inc., Apex Microtechnology
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Amplifier And Comparator Integrated Circuits ICs Market Overview
Amplifiers and comparator integrated circuits (ICs) are key electronic components used to enhance signal strength and compare voltage levels. Amplifiers are electronic devices or circuits designed to increase the power, voltage, or current of a signal, while comparators are specialized integrated circuits that compare two voltages or currents and output a digital signal indicating which input is higher. Amplifier and comparator ICs are used in electronic circuits to improve signal strength and precision.
Amplifier And Comparator Integrated Circuits ICs Global Market Report 2023 provides data on the global amplifier and comparator integrated circuits ics market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The amplifier and comparator integrated circuits ics market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.