Optocoupler also referred to as photocoupler, opto-isolator, or optical isolator, is an electronic component that can transmit an electric signal between two isolated circuits by adopting a light-sensitive optical interface. The two most essential components of an optocoupler are LED and photosensitive transistor. Optocoupler ICs have a number of uses in audio processors, MEMS microphones, audio amplifiers, and subsystems. Growing demand for smart home devices and the prerequisite for compact and energy-efficient optocoupler ICs are the crucial factors backing to the growth of the optocoupler IC market. The microelectronics industry all over the globe is currently being affected by rigorous regulations regarding environment and energy efficiency, which has directed several developments such as miniaturization and conjunction of almost all daily-use electronic devices. The increasing demand for device miniaturization is anticipated to create opportunities for vendors operating in the global optocoupler IC market over the near future. Growing technological advances in consumer electronic devices will surge market growth. Rising stringent regulations on energy productivity and the environment is another major factor driving the market growth. The upsurge in the number of electric vehicles worldwide is one of the significant factors driving the growth of the market. The growing need for device contraction will also drive market growth throughout the near future. Extensive application of optocoupler IC to various devices such as audio processors, MEMS microphone audio amplifiers, subsystems, and others will also increase the market growth. increased connectivity at low frequencies, Low cost, and others are some of the advantages of optocoupler IC that will correspondingly drive market growth in years to come. These are a few optocoupler IC market trends.
The global optocoupler IC market is growing at a growth rate of 5.9% according to the MRFR optocoupler IC market report.
UIN regional terms, North America, leads the optocoupler IC market in 2018 owing to the early adoption of technologies and the growing consumer electronics market in the region. In addition, the presence of numerous manufacturers of optocoupler ICs, such as Semiconductor Components Industries LLC, Vishay Intertechnology, Inc, and Broadcom Inc., plays a significant role in the growth of the market. In addition to this, increased investment by various US-based companies in the automotive industry is expected to fuel demand for optocoupler ICs over the near future. The rising adoption of optocoupler IC in the smart home devices market will also enhance market growth.
The Asia Pacific is considered to be the fastest-growing region during the near future. The rapid upsurge in the consumer electronics market and emerging technology adoption in emerging economies such as China and India will improve regional growth.
the types of optocoupler IC are high linearity optocouplers, logic output optocouplers, transistor output optocouplers, High-Speed optocouplers, MOSFET output optocouplers, TRIAC & SCR output optocouplers, and others. In terms of the pin, the optocoupler IC market has been categorized into 4-pin, 6-pin, 5-pin, and 7-pin. Based on the pin, the 4-pin segment witnessed the highest demand in 2018 owing to the full application of the 4-pin segment in the consumer electronics market. On the other hand, the 7-pin segment will be the fastest-growing region due to the increasing adoption of the 7-pin sector.
The global optocoupler IC market is also driven by the existence of several global electronic component companies and semiconductor fabrication companies. The competition amongst the existing and new market entrants for shares in the market is highly intense. performance, Quality, and reliability of ICs are some of the factors that help vendors to sustain in an intensely competitive market. Also, technological developments for the implementation of optocoupler IC across automotive and consumer electronics sectors are anticipated to fuel the growth of the optocoupler IC market over the near future. In 2019, Southwest Research Institute created a high-reliability, high-voltage optocoupler for spaceflight applications. The device was nominated by NASA as a power interface in the Europa Clipper spacecraft that is fixed to reach Jupiter’s moon Europa in the coming five years.
More Information@
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Reports (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research and Consulting Services.
Contact:
Market Research Future
+1 646 845 9312
Email: [email protected]
Optocoupler IC MarketThe optocoupler IC market 2020 is expected to earn remarkable revenue.
Optocoupler IC uses light sensitive optical interface for transferring electrical signal between two isolated circuits.
It is the rising demand for smart home devices that can be accredited the growth of the optocoupler IC market in the upcoming years.
New products are being developed and introduced which is projected to augment optocoupler IC market in the coming years.
Automotive industry is witnessing a drive if electrification which supports the future of the market on the industry.
Industry leaders are emphasizing on the development of technologies that support high speed communication between applications.The global optocoupler IC market is growing at a growth rate of 5.9% according to the MRFR optocoupler IC market report.UIN regional terms, North America, leads the optocoupler IC market in 2018 owing to the early adoption of technologies and the growing consumer electronics market in the region.
Market HighlightsGlobal Optocoupler IC Market size is expected to grow from USD 1.86 Billion in 2020 to USD 2.55 Billion by 2027, at a CAGR of 6.5% during the forecast period.
Factors such as an increase in demand for electric and hybrid vehicles, rising demand for factory automation systems, and growth in the consumer electronics industry are expected to drive the demand for optocoupler ICs across the globe.On the basis of type, the market has been segmented into high linearity optocouplers, high-speed optocouplers, logic output optocouplers, MOSFET output optocouplers, transistor output optocouplers, TRIAC & SCR output optocouplers, and others.
The high-speed optocouplers segment dominated the market in 2020; this segment is expected to register the highest CAGR during the forecast period from 2020 to 2027.On the basis of a pin, the market has been segmented into 4-pin, 5-pin, 6-pin, and 7-pin.
In 2018, the 4-pin optocouplers were estimated to hold the largest market share; however, the 7-pin optocouplers are expected to register the highest CAGR during the forecast period.On the basis of vertical, the market has been segmented into automotive, aerospace & defense, solar, consumer electronics and others.
The consumer electronics segment dominated the market in 2020, however, the automotive segment is expected to register the higher CAGR during the forecast period from 2020 to 2027.Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/8668Key PlayersThe key players in the Optocoupler IC Market are identified across all the major regions are Renesas Electronics Corporation (Japan), Toshiba Corporation (Japan), Semiconductor Components Industries LLC (US), Broadcom Inc (US), Vishay Intertechnology, Inc (US), Lite-On Technology Inc (Taiwan), Taiwan Semiconductor Mfg.
Co. Ltd. (Taiwan), Everlight Electronics Co., Ltd. (Taiwan), Infineon Technologies AG (Germany), IXYS Corporation (US), Panasonic Corporation (Japan), Phoenix Contact (Germany), Sharp Corporation (Japan), Standex Electronics, Inc (US) and TT Electronics (UK).
The growth sectors of the Optocoupler IC Market are identified with precision for a better growth perspective.Regional AnalysisThe geographic analysis of the global optocoupler IC market has been done for North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.The North American market has been segmented into the US, Canada, and Mexico.
The growth of the market in North America can be attributed to the high concentration of market players and the easy availability of proficient technical expertise in the region.
In the US, 40% of the population uses wireless headphones on portable devices, and the number is expected to increase in the coming future.
The European market has been divided into the UK, the Netherlands, Germany, France, and the rest of Europe.
The regional market has been classified as China, Japan, India, South Korea, and the rest of Asia-Pacific.
The country is witnessing a rise in the adoption of wireless speakers and wireless microphones by the security & defense industry for safety applications.
