The sudden challenges created by the ongoing COVID-19 are captured effectively to exhibit the long term growth projections in the MRFR report on Digital IC Market Share. The growth sectors of the Digital IC Market Share are identified with precision for a better growth perspective.
The integrated circuit is an electronic circuit array that is formed by fabrication of different electrical and electronic components like resistors, capacitors, transistors and others on a semiconductor wafer that performs operations equivalent to a large discrete electronic circuit.
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The integrate circuit that operates only at a few defined levels of signal amplitude are the digital ICs. These digital ICs are designed by using multiple number of digital logic gates, multiplexers, flip flops and other electronic components of circuits. There are different types of digital ICs such as power ICs, interface ICs, logic ICs, Memory ICs among others.
The digital IC market is growing rapidly. High development in the field of technology and heavy investment in the development of new product by the key players is driving the global market whereas the major challenge identified in the market is miniaturization of electronic devices. For the purpose of this study, the global digital IC market has been segmented on the basis of component, Raw Material, End-User and region.
The global Digital IC market is expected to grow at USD 387.82 million by the end of year 2023 with 7.64% CAGR during forecast period 2017-2023.
The prominent players in the market of Digital IC market are – Samsung Corporation (South Korea), Intel Corporation (U.S.), Qualcomm Incorporated (U.S.), Toshiba Corporation (Japan), Taiwan Semiconductor Manufacturing (Taiwan), Texas Instruments Inc (U.S.), Integrated Device Technology, Inc (U.S.), Maxim Integrated Products Inc (U.S.),Infineon Technologies Ag (Germany), Skyworks Solutions, Inc (U.S.), Lattice Semiconductor Corporation (U.S.), NXP Semiconductors N.V. (Netehrlands), Analog Devices, Inc.(U.S.), STMicroelectronics NV (Switzerland) , Broadcom Ltd (U.S.), SK Hynix, Inc (South Korea), Micron Technology Inc (U.S.), MediaTek Inc (Taiwan), and Nvidia Corporation (U.S.) among others.
Market Research Future Analysis
The Global digital IC market is expected to witness rapid growth in the demand in next couple of years. The global digital IC market is divided into four major geographies, namely America, Europe, Asia-Pacific and Middle East & Africa. The market in Asia-Pacific (APAC) is expected to grow positively during the forecast period 2017 to 2023. The primary driving factors for this growth are increasing technological adoption and huge opportunities across industry verticals in the APAC countries, especially in South Korea, India, Japan, and China.
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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.
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Digital IC MarketThe global digital integrated circuit (IC) market value in 2017 was USD 249.37 billion and can attain a valuation of USD 387.82 billion by 2023, states Market Research Future (MRFR).
Many of the consumer electronics make use of digital IC, on account of the growing focus on improving the digital experience for customers among system integrators.
Therefore, rising adoption of consumer electronics also boosts demand for digital ICs, which in turn stimulates market growth.Considerable investments in autonomous cars seems to boost market demand.
Autonomous vehicles do not interact with humans and help bring down the workload, which elevates their demand among consumers.
Such vehicles are highly dependent on actuators, powerful processors and sensors to execute the software which requires digital ICs for the conversion of analog signals to digital signals.Soaring demand for smartphones helps accelerate demand for NAND Flash memory IC, DSP, logic ICs, and others.
Besides, the rising trend of bring your device (BYOD), the adoption rate of tablets all over the world has boosted the demand for memory ICs.
Market ScenarioThe demand for customizable ICs is a major factor driving the digital IC market.
The focus of IC manufacturers towards product innovation have given rise to the customized ICs.
These ICs are generally application specific ICs, they can be modified as per the product demand.The customizable ICs can be used in different systems such as the systems that have rollover and stability control, fuel injection, crash bag and air sensing, head units and audio amplifiers in automobiles.
Apart from it, healthcare sector also uses these ICs in various equipment’s.
Therefore, the innovation of customizable ICs is contributing to the digital IC market.Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/4344The digital IC market is growing rapidly.
High development in the field of technology and heavy investment in the development of new product by the key players is driving the global market whereas the major challenge identified in the market is miniaturization of electronic devices.
Global Digital IC MarketThe sudden challenges created by the ongoing COVID-19 are captured effectively to exhibit the long term growth projections in the MRFR report on Global Digital IC Market.
The growth sectors of the Global Digital IC Market are identified with precision for a better growth perspective.According to Market Research Future Analysis, Digital IC market is expected to reach USD 387.82 billion by the end of 2023 with 7.64% CAGR during forecast period 2017-2023The digital IC market is growing rapidly.
High development in the field of technology and heavy investment in the development of new product by the key players is driving the global market whereas the major challenge identified in the market is miniaturization of electronic devices.
For the purpose of this study, the global digital IC market has been segmented on the basis of component, Raw Material, End-User and region.On the basis of Component, memory market is dominating the digital IC market with market share of 46.50% and is expected to grow with 8.97% of compound annual growth rate.
On the basis of Raw Material, use of Silicon in manufacturing of digital ICs is high and is expected to grow with 8.07% of CAGR.
On the basis of End-User, the consumer electronics industry is dominating the digital IC market and is expected to grow with 9% of CAGR.On the basis of regions, Asia-Pacific is dominating the digital IC market and has also emerged as fastest growing market with 8.55% of compound annual growth rate.The prominent players in the market of Digital IC market are – Samsung Corporation (South Korea), Intel Corporation (U.S.), Qualcomm Incorporated (U.S.), Toshiba Corporation (Japan), Taiwan Semiconductor Manufacturing (Taiwan), Texas Instruments Inc (U.S.), Integrated Device Technology, Inc (U.S.), Maxim Integrated Products Inc (U.S.),Infineon Technologies Ag (Germany), Skyworks Solutions, Inc (U.S.), Lattice Semiconductor Corporation (U.S.), NXP Semiconductors N.V. (Netehrlands), Analog Devices, Inc.(U.S.), STMicroelectronics NV (Switzerland) , Broadcom Ltd (U.S.), SK Hynix, Inc (South Korea), Micron Technology Inc (U.S.), MediaTek Inc (Taiwan), and Nvidia Corporation (U.S.) among others.Global Digital IC Market StructureBy ComponentMemoryMicroprocessorMicrocontrollerDigital Signal Processing SystemOthersBy Raw materials SiliconGallium ArsenideOthersBy End-usersAutomotiveIndustrialConsumer ElectronicsCommunicationOthersBy RegionNorth AmericaEuropeAsia PacificRoWRegional AnalysisOn the basis of Geography, the global digital IC market has been segmented into four regions - North America, Europe, Asia-Pacific and Rest of World.
The emarketresearch.us has recently released a report, Digital Potentiometer IC submitted.
The report provides this sector with a detailed analysis of potential trends, opportunities, and risks.
The study also focuses on Digital Potentiometer IC industry top players, the wide range of products, product types, and so on.
This study addresses market enhancement and development during the period 2019-2024.
The study functions internationally and is divided across the globe by requirements, form of product, and regions.Important areas of the report:The report includes information from leading market players to evaluate the industry, such as company mug shot, contact details, product selection, production and consumption figures, sales, revenue, market positions, etc.
A SWOT analysis examines various fundamental aspects of the business, including its strengths, weaknesses and potential opportunities and challenges.- Historical, present, and Digital Potentiometer IC market evaluation forecast for major and emerging business contestants across different regions.- Inspects top Digital Potentiometer IC players growth plans, business practices, market size, revenue, and revenues.- Studies key factors such as business risks, users, and measurement of maturity.- Provides detailed understanding and competitive development of the new product launch activities, mergers, and acquisitions.Request Digital Potentiometer IC market Report Sample Copy Here: http://emarketresearch.us/global-digital-potentiometer-ic-market/#Request-SampleThe top Digital Potentiometer IC industry players are:Analog DeviceTexas InstrumentsMicrochipAmsON SemiconductorMaximIntersilVishayParallaxThe market is segmented into below points:Market by Type/Products:8-bit6-bit7-bit10-bitMarket by Application/End-Use:Home AppliancesCommunication ProductsInstrumentationAutomotive ProductsMarket Segment by Regions, regional analysis coversNorth America (USA, Canada, and Mexico)Europe (Germany, France, UK, Russia, and Italy)Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)South America (Brazil, Argentina, Columbia, etc.
