Analog to Digital Converter Market

Analog to Digital Converter Market: Global Industry Analysis 2015 - 2019 and Opportunity Assessment; 2020 - 2030

Market Overview

Analog to Digital Converter Market Overview

The global analog to digital converter market is poised to scale greater heights in this decade. As the name suggests, analog to digital converters (ADCs) help transform analog inputs such as light picked up by a camera or a soundwave by a microphone into a digital signal.

Over the years, ADCs have been gaining significant ground, being utilized across several industries, including instrumentation, sensory-based systems, measurement and control systems and communication systems.

As industries strive towards streamlining their operations through digitization and achieve efficiency, usage of ADCs is phenomenally rising. This has provided all industries with a massive productive edge.

As the world becomes increasingly interconnected, the volume of global trade of several goods and services is rising exponentially.

Against this backdrop, industries have been compelled to augment their productive capabilities, thus increasing adoption of ADCs. Based on these trends, the global analog to digital converter market is slated to enjoy a steep upward curve.

Pipelined ADCs to account for Significant Share in the Global ADC Market

Amongst all type, the pipelined ADCs are anticipated to constitute a substantial amount of the revenue pie until 2030. Growth is primarily being driven by extensive applications across 4G and 5G devices for providing superior data and services quality. The segment accounted for one-third market share in 2019.  

As the industrial internet of things (IIoT) gradually takes over the entire manufacturing process, demand for fast data processing, accurate decision intelligence and large communication channels bandwidth have acquired critical precedence.

Functional ADCs help achieve all these things by providing optimum speed, size, power, and resolution across machines, thus accelerating processes.

Telecommunications to Remain Principal Application Area, Usage to Accelerate in Automotive Sector

ADCs are experiencing immense fertile growth across the telecommunications sector. As the world hurtles towards rapid inter-connectedness, people demand faster and more efficient means of connectivity.

The advent of artificial intelligence has spurred deployment of 4G/5G data transmission systems, which extensively utilize data converters.  The need for ensuring swift and prompt connectivity is driving market growth in the telecommunications sector.

The automotive industry is up-scaling the adoption of ADCs to ensure the functionality, reliability and safety of a variety of functions. A major application has been recorded in the automotive driver assistance systems (ADAS) and in wireless trans-receivers for communicating with other vehicles.

Additionally, ADCs are also used in child seat detection, remote keyless entry, immobilizers, passive keyless entry and tire pressure monitoring systems.  

Analog to Digital Converter Market- Regional Insights

Based on the regional profiles, the analog to digital converter market has been segmented into: North America, Latin America, Asia-Pacific excluding Japan, Western Europe, Eastern Europe, Japan and Middle East & Africa (MEA). Amongst all regions, North America shall emerge as a key revenue generating region, expanding at steady CAGR.

Rising government initiatives to streamline manufacturing and production processes is prompting industry leaders to opt for ADC enabled devices, providing significant impetus to the market.

In addition, rising disposable incomes has accelerated investment in consumer electronics, an important end-use industry utilizing ADCs. Also, rapid penetration of 5G technologies shall accelerate uptake of ADCs in smartphones, tablets other connected devices.

Asia-Pacific is providing tough competition to the North American market. This is largely due to the existence of a large manufacturing industry base. As technological advancements are rapidly penetrating industrial production, several verticals are investing in improving their existing supply chains and production cycles, particularly the construction and automotive industries.

Also, a booming healthcare industry is paving way for various technological advancements, uplifting the need for using ADCs across various medical equipment.

COVID-19’s Impact on the Analog to Digital Converter Market

The advent of the COVID-19 pandemic has ushered in a major degree of ambiguity in the global economy. Being extremely contagious, the pandemic has forced nations worldwide to impose tough lockdowns to enforce social distancing.

As a result, manufacturing industries have either reduced their operations or completely shut down production units, leading to restricted output and consequently lower revenue and profits.

The analog to digital converter market is anticipated to register a southward trend across the construction and automotive industrial verticals. Efforts to curb the pandemic have compelled countries to implement emergency protocols, including suspension of all construction and production activities.

As the number of on-site projects dwindle, uptake of analog to digital converters in the various stages of the production process has fallen. Moreover, declining revenue shares are rendering companies unable to invest money in enhancing processes. 

Also, logistical disruptions induced by the lockdowns have rendered it difficult for vendors to supply the essential equipment or personnel to install ADC software or hardware at production sites.

Therefore, based on all these trends, the market for ADCs will remain pinned down at least until the latter half of 2021, after which growth is anticipated to rebound.

Analog to Digital Converter Market- Competitive Landscape

The global analog to digital converter market is highly competitive, characterized by the presence of a plethora of vendors. These include, but are not limited to,

  • Texas Instruments Incorporated
  • ST Microelectronics
  • Renesas Electronics Corporation
  • ON Semiconductor Corporation
  • Maxim Integrated, Inc.
  • Asahi Kasei Microdevices Corporation
  • Rohm Co, Ltd.
  • Cirrus Logic Inc.
  • Microchip Technology Inc.
  • Analog Devices Inc.
  • Diligent Inc.,
  • National Instruments
  • Sony Corporation 
  • Adafruit Industries.

Amongst these players, Analog Instruments Inc., Texas Instruments Incorporated and Maxim Integrated Inc. are the dominant players. These players are primarily emphasizing on introducing new technologically enhanced products, collaborations with other players and acquisitions. 

In August 2020, Analog Instruments Inc. collaborated with Intel Corporation to create a flexible radio platform for addressing 5G network design challenges, enabling customers to scale their 5G networks more quickly and economically.

The technology will combine ADI’s radio-frequency trans-receivers with the latter’s Intel Arria 10 Field Programmable Gate Arrays which will provide access to a new set of design tools for creating optimized solutions.

Texas Instruments Incorporated, the second market leader, offers a range of ADCs such as the ADS8167 16-bit, 500 kSPS, buffer and direct sensor interface, the ADS8924B 16-Bit, 250 kSPS buffer internal LDP and enhanced SPI interface and the ADS8900B 20-Bit 1-MSPS SAR ADC interfaces to name a few of them.

In July 2020, Maxim Integrated introduced the MAXM86146 Dual-Photodetector Optical Sensor Solution which is integrated with highly advanced algorithms for monitoring heart rate and oxygen saturation in its health and fitness product portfolio.

This contraption offers designers of advanced wearable products to achieve a 45% thinner optical design.

Amongst the less prominent players, Asahi Microdevices pivots the market. Recently, in July 2020, the company developed an ultra-low power intelligent system wakeup ADC integrated with Acoustic Activity Analyzer codenamed AK5706.

It is a high-performance 24-bit stereo A/D Converter, ideal for applications such as smart speakers, voice-assisted wearable devices and connected security devices.

In 2018, Renesas announced a partnership with Mahindra & Mahindra Ltd. for providing system-level design and advancements that features Renesas RH850/E2x microcontroller (MCU), primarily designed for meeting the requirements of powertrain systems.

In 2019, the company collaborated with Nissan to provide innovative automotive chips for its new skyline ProPILOT 2.0 ADAS system which combines navigated highway driving with single-lane driving capabilities.

Region/Country

  • North America (U.S & Canada)
  • Latin America (Mexico, Brazil & Rest of LATAM)
  • Western Europe (EU-5, Nordic Countries, BENELUX, Rest of Western Europe)
  • Eastern Europe (Poland, Russia and Rest of Eastern Europe)
  • Asia-Pacific excluding Japan (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East & Africa (GCC, South Africa & Rest of MEA)

Analog to Digital Converter Market- Prominent Players

  • Texas Instruments Incorporated
  • ST Microelectronics
  • Renesas Electronics Corporation
  • ON Semiconductor Corporation
  • Maxim Integrated, Inc.
  • Asahi Kasei Microdevices Corporation
  • Rohm Co., Ltd.
  • Cirrus Logic Inc.
  • Microchip Technology Inc.
  • Analog Devices Inc.
  • Diligent Inc.
  • National Instruments
  • Sony Corporation
  • Adafruit Industries

Report Highlights

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies

Analog to Digital Converter Market- Segmental Analysis

By Application

  • Industrial
  • Consumer Electronics
  • Telecommunications
  • Healthcare
  • Automotive
  • Others

By Product Type

  • Delta-Sigma ADC
  • Integrating ADC
  • Ramp ADC
  • Pipelined ADC
  • Successive Approximation ADC
  • Flash ADC

By Resolution

  • 8-bit
  • 10-bit
  • 12-bit
  • 14-bit
  • 16-bit
  • Others

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