DATA CONVERTERS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Data Converters Market, By Type (Analog to Digital Converter and Digital to Analog Converter), By Application (Communications, Automotive, Consumer Electronics, Industrial Process Control and Automation, Medical, Testing and Measurement, Other), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)

Published In : May 2024
Code : CMI6957
Pages :173
Formats :
Excel and PDF
Industry : Semiconductors

Market Concentration and Competitive Landscape

Data Converters Market Concentration By Players

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Market Drivers: Increasing Demand from Automotive and Industrial Sectors

The automotive and industrial sectors have strong influence on the growth of the overall data converters market due to the proliferation of advanced technology solutions. In the automotive sector, the role of data converters is expanding beyond traditional usage in engine and transmission control systems. With the rapid adoption of electric and autonomous vehicles, data converters are becoming increasingly important for enabling various ADAS (Advanced Driver Assistance Systems) features, battery management, infotainment systems as well as vehicle-to-everything (V2X) communication systems. Moreover, the requirements for higher operating frequencies and precision in automotive data converters are becoming more stringent to support advanced safety and driver assistance functions.

Key Players