The analog to digital converter market is anticipated to flourish at an average CAGR of 5.7% between 2023 and 2033. The market is expected to hold a market share of USD 6.13 billion by 2033 while the market is likely to reach a value of USD 3.51 billion in 2023.
The global analog to digital converter market is poised to scale great 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.
ADCs have been gaining significant ground, being utilized across several industries, including instrumentation, sensory-based systems, measurement and control systems, and communication systems over the years.
The usage of ADCs is phenomenally rising as industries strive toward streamlining their operations through digitization and achieving efficiency. This has provided all industries with a massive productive edge.
The volume of global trade of several goods and services is rising exponentially, as the world becomes increasingly interconnected. 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.
Attributes | Details |
---|---|
Analog to Digital Converter Market CAGR (2023 to 2033) | 5.7% |
Analog to Digital Converter Market Size (2023) | USD 3.51 billion |
Analog to Digital Converter Market Size (2033) | USD 6.13 billion |
Rising Need for Data Acquisition across Key Industries to Widen Adoption
End-use industries are investing funds in collating and assimilating market data that is easily accessible and can be stored conveniently as digitization progresses. Therefore, numerous data acquisition tools and approaches are relied upon.
At the core of all data acquisition systems is an Analog to Digital Converter (ADC). As the name implies, this chip takes data from the environment and converts it to discrete levels that can be interpreted by a processor. These discrete levels correspond to the small detectable change in the signal being measured.
Analog-to-digital converters (ADCs) and digital-to-analog converters (DACs) play an important role in the design of data acquisition systems. ADCs are used to convert analog signals like the output from a temperature transducer, a radio receiver or a video camera into digital signals for processing.
Conversely, DACs are used to convert digital signals back to analog signals. Convenience, cost, power dissipation, resolution, speed, supply voltage and ease of use drive the selection of a particular ADC/DAC.
Structural Complexities while Collecting Data may Discourage Adoption
A key challenge associated with using analog to digital converters is their structural complexities. With respect to flash analog to digital converters, as the use of comparators increases, circuit complexity also rises. Furthermore, converting non-periodic signals using pipeline ADCs can be difficult as it typically runs at a periodic rate.
Pipeline ADCs experience frequent latency of input signals, causing non-linearities in various parameters. Over and above these challenges, analog to digital converters are expensive, compelling enterprises to spend a significant portion of their budgets on their installation and security.
Countries | Revenue Share % (2022) |
---|---|
The United States | 20.4% |
Germany | 8.1% |
Japan | 6.3% |
Australia | 3.1% |
North America | 30.4% |
Europe | 22.9% |
Countries | CAGR % (2023 to 2033) |
---|---|
China | 4.3% |
India | 7.6% |
The United Kingdom | 3.2% |
Extensive Deployment Strengthened Military Capabilities
According to Future Market Insights, the analog to digital converter market in North America held a revenue share worth 30.4% in 2022. With extensive digitization of key industries, combined with the deployment of advanced connectivity technologies, the market is set to take a turn for the better across the region in the coming decade. Perhaps the most extensive application of this technology is in the military sector.
Warfare technologies have evolved tremendously, since the dawn of the 21st century. From the deployment of unmanned aerial vehicles and drones for surveillance or combat to stealth aircraft or heat-guided missiles, military technology has come a long way. The introduction of analog to digital converters is yet another addition to this list. With respect to is popularity in North America, there are widespread applications of this technology.
Modern military radar, communication, and surveillance systems are typically leveraging ultrafast analog-to-digital converters to digitize received signals. They are critical in military applications such as military software-defined radio, radar, and electronic counter warfare (ECW) which require high sampling rates and bandwidths.
Applications are Likely to Abound for Medical Applications in the Long-Run
Asia Pacific’s market is expected to generate substantial growth prospects for analog to digital converters, especially in the healthcare domain. This is especially prominent for digital radiography, CT, PET, MRI, and ultrasonography among other applications. Future Market Insights expect the Asia Pacific analog to digital converters market to experience a 6.3% CAGR from 20223 to 2033.
Given the increasing scope of medical tourism across the region, healthcare facilities across countries such as India, Japan, and China, are overhauling their existing medical infrastructure. Stakeholders are attempting to incorporate digitization, big data analytics, Industry 4.0, and IoT to make healthcare systems efficient. The introduction of analog to digital conversion is another feather in the cap for the Asia Pacific market.
A Flourishing Automotive Industry to Encourage Manufacturers to Establish Base
Europe’s analog to digital converter market held market revenue worth 21.1% in 2022, according to Future Market Insights. The growth of the region is typically attributed to a flourishing automotive industry in recent years. Sensor applications requiring data converters range from temperature sensors identifying different engine statuses to radar/LIDAR enabling automotive driver assistance systems (ADAS).
A few other applications involving data converters include wireless transceivers for communicating with other vehicles or with a fixed network. The data converter IP (analog-to-digital and digital-to-analog) provides an interface for a multitude of analog sensors to automotive system-on-chips (SoCs).
Numerous regional players are active in the analog to digital converter landscape for the automotive industry in Europe. Dewesoft, for instance, is a prominent manufacturer, offering versatile and easy-to-use data acquisition systems. Its vehicle testing portfolio includes ADAS testing; break testing, break noise testing, combustion analysis and e-mobility among others.
Category | By Product Type |
---|---|
Leading Segment | Delta Sigma ADC |
Market Share% (2022) | 19.5% |
Category | By Application Type |
---|---|
Leading Segment | Telecommunications |
Market Share% (2022) | 20.3% |
Delta Sigma ADC is to Account for a Significant Share of the Global ADC Market
Among all types, delta sigma ADC held a revenue share of 19.5% in 2022. 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.
Demand for fast data processing, accurate decision intelligence and large communication channels bandwidth have acquired critical precedence, as the industrial internet of things (IIoT) gradually takes over the entire manufacturing process. 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 toward rapid inter-connectedness, people demand fast andefficient means of connectivity. Further, the advent of artificial intelligence has spurred deployment of 4G/5G data transmission systems, which extensively utilize data converters. The segment held a market share of 20.3% in 2022.
The automotive industry is up-scaling the adoption of ADCs to ensure the functionality, reliability and safety of a variety of functions. A key 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. As per FMI, the automotive segment is poised to expand at a CAGR of 6.2% until 2033.
Manufacturers are adopting various marketing strategies such as new product launches, geographical expansion, mergers and acquisitions, partnerships, and collaboration to identify the interest of potential buyers and create a large customer base. For instance,
Recent Developments:
Table 1: Global Market Value (US$ Million) Forecast by Region, 2018 to 2033
Table 2: Global Market Volume (Units) Forecast by Region, 2018 to 2033
Table 3: Global Market Value (US$ Million) Forecast by Product Type, 2018 to 2033
Table 4: Global Market Volume (Units) Forecast by Product Type, 2018 to 2033
Table 5: Global Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 6: Global Market Volume (Units) Forecast by Application, 2018 to 2033
Table 7: North America Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 8: North America Market Volume (Units) Forecast by Country, 2018 to 2033
Table 9: North America Market Value (US$ Million) Forecast by Product Type, 2018 to 2033
Table 10: North America Market Volume (Units) Forecast by Product Type, 2018 to 2033
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Table 13: Latin America Market Value (US$ Million) Forecast by Country, 2018 to 2033
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Table 19: Western Europe Market Value (US$ Million) Forecast by Country, 2018 to 2033
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Table 22: Western Europe Market Volume (Units) Forecast by Product Type, 2018 to 2033
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Table 25: Eastern Europe Market Value (US$ Million) Forecast by Country, 2018 to 2033
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Table 30: Eastern Europe Market Volume (Units) Forecast by Application, 2018 to 2033
Table 31: South Asia and Pacific Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 32: South Asia and Pacific Market Volume (Units) Forecast by Country, 2018 to 2033
Table 33: South Asia and Pacific Market Value (US$ Million) Forecast by Product Type, 2018 to 2033
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Table 36: South Asia and Pacific Market Volume (Units) Forecast by Application, 2018 to 2033
Table 37: East Asia Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 38: East Asia Market Volume (Units) Forecast by Country, 2018 to 2033
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Table 40: East Asia Market Volume (Units) Forecast by Product Type, 2018 to 2033
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Table 43: Middle East and Africa Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 44: Middle East and Africa Market Volume (Units) Forecast by Country, 2018 to 2033
Table 45: Middle East and Africa Market Value (US$ Million) Forecast by Product Type, 2018 to 2033
Table 46: Middle East and Africa Market Volume (Units) Forecast by Product Type, 2018 to 2033
Table 47: Middle East and Africa Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 48: Middle East and Africa Market Volume (Units) Forecast by Application, 2018 to 2033
Figure 1: Global Market Value (US$ Million) by Product Type, 2023 to 2033
Figure 2: Global Market Value (US$ Million) by Application, 2023 to 2033
Figure 3: Global Market Value (US$ Million) by Region, 2023 to 2033
Figure 4: Global Market Value (US$ Million) Analysis by Region, 2018 to 2033
Figure 5: Global Market Volume (Units) Analysis by Region, 2018 to 2033
Figure 6: Global Market Value Share (%) and BPS Analysis by Region, 2023 to 2033
Figure 7: Global Market Y-o-Y Growth (%) Projections by Region, 2023 to 2033
Figure 8: Global Market Value (US$ Million) Analysis by Product Type, 2018 to 2033
Figure 9: Global Market Volume (Units) Analysis by Product Type, 2018 to 2033
Figure 10: Global Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033
Figure 11: Global Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033
Figure 12: Global Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 13: Global Market Volume (Units) Analysis by Application, 2018 to 2033
Figure 14: Global Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 15: Global Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 16: Global Market Attractiveness by Product Type, 2023 to 2033
Figure 17: Global Market Attractiveness by Application, 2023 to 2033
Figure 18: Global Market Attractiveness by Region, 2023 to 2033
Figure 19: North America Market Value (US$ Million) by Product Type, 2023 to 2033
Figure 20: North America Market Value (US$ Million) by Application, 2023 to 2033
Figure 21: North America Market Value (US$ Million) by Country, 2023 to 2033
Figure 22: North America Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 23: North America Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 24: North America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 25: North America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 26: North America Market Value (US$ Million) Analysis by Product Type, 2018 to 2033
Figure 27: North America Market Volume (Units) Analysis by Product Type, 2018 to 2033
Figure 28: North America Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033
Figure 29: North America Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033
Figure 30: North America Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 31: North America Market Volume (Units) Analysis by Application, 2018 to 2033
Figure 32: North America Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 33: North America Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 34: North America Market Attractiveness by Product Type, 2023 to 2033
Figure 35: North America Market Attractiveness by Application, 2023 to 2033
Figure 36: North America Market Attractiveness by Country, 2023 to 2033
Figure 37: Latin America Market Value (US$ Million) by Product Type, 2023 to 2033
Figure 38: Latin America Market Value (US$ Million) by Application, 2023 to 2033
Figure 39: Latin America Market Value (US$ Million) by Country, 2023 to 2033
Figure 40: Latin America Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 41: Latin America Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 42: Latin America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 43: Latin America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 44: Latin America Market Value (US$ Million) Analysis by Product Type, 2018 to 2033
Figure 45: Latin America Market Volume (Units) Analysis by Product Type, 2018 to 2033
Figure 46: Latin America Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033
Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033
Figure 48: Latin America Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 49: Latin America Market Volume (Units) Analysis by Application, 2018 to 2033
Figure 50: Latin America Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 51: Latin America Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 52: Latin America Market Attractiveness by Product Type, 2023 to 2033
Figure 53: Latin America Market Attractiveness by Application, 2023 to 2033
Figure 54: Latin America Market Attractiveness by Country, 2023 to 2033
Figure 55: Western Europe Market Value (US$ Million) by Product Type, 2023 to 2033
Figure 56: Western Europe Market Value (US$ Million) by Application, 2023 to 2033
Figure 57: Western Europe Market Value (US$ Million) by Country, 2023 to 2033
Figure 58: Western Europe Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 59: Western Europe Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 60: Western Europe Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 61: Western Europe Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 62: Western Europe Market Value (US$ Million) Analysis by Product Type, 2018 to 2033
Figure 63: Western Europe Market Volume (Units) Analysis by Product Type, 2018 to 2033
Figure 64: Western Europe Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033
Figure 65: Western Europe Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033
Figure 66: Western Europe Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 67: Western Europe Market Volume (Units) Analysis by Application, 2018 to 2033
Figure 68: Western Europe Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 69: Western Europe Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 70: Western Europe Market Attractiveness by Product Type, 2023 to 2033
Figure 71: Western Europe Market Attractiveness by Application, 2023 to 2033
Figure 72: Western Europe Market Attractiveness by Country, 2023 to 2033
Figure 73: Eastern Europe Market Value (US$ Million) by Product Type, 2023 to 2033
Figure 74: Eastern Europe Market Value (US$ Million) by Application, 2023 to 2033
Figure 75: Eastern Europe Market Value (US$ Million) by Country, 2023 to 2033
Figure 76: Eastern Europe Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 77: Eastern Europe Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 78: Eastern Europe Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 79: Eastern Europe Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 80: Eastern Europe Market Value (US$ Million) Analysis by Product Type, 2018 to 2033
Figure 81: Eastern Europe Market Volume (Units) Analysis by Product Type, 2018 to 2033
Figure 82: Eastern Europe Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033
Figure 83: Eastern Europe Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033
Figure 84: Eastern Europe Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 85: Eastern Europe Market Volume (Units) Analysis by Application, 2018 to 2033
Figure 86: Eastern Europe Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 87: Eastern Europe Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 88: Eastern Europe Market Attractiveness by Product Type, 2023 to 2033
Figure 89: Eastern Europe Market Attractiveness by Application, 2023 to 2033
Figure 90: Eastern Europe Market Attractiveness by Country, 2023 to 2033
Figure 91: South Asia and Pacific Market Value (US$ Million) by Product Type, 2023 to 2033
Figure 92: South Asia and Pacific Market Value (US$ Million) by Application, 2023 to 2033
Figure 93: South Asia and Pacific Market Value (US$ Million) by Country, 2023 to 2033
Figure 94: South Asia and Pacific Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 95: South Asia and Pacific Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 96: South Asia and Pacific Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 97: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 98: South Asia and Pacific Market Value (US$ Million) Analysis by Product Type, 2018 to 2033
Figure 99: South Asia and Pacific Market Volume (Units) Analysis by Product Type, 2018 to 2033
Figure 100: South Asia and Pacific Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033
Figure 101: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033
Figure 102: South Asia and Pacific Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 103: South Asia and Pacific Market Volume (Units) Analysis by Application, 2018 to 2033
Figure 104: South Asia and Pacific Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 105: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 106: South Asia and Pacific Market Attractiveness by Product Type, 2023 to 2033
Figure 107: South Asia and Pacific Market Attractiveness by Application, 2023 to 2033
Figure 108: South Asia and Pacific Market Attractiveness by Country, 2023 to 2033
Figure 109: East Asia Market Value (US$ Million) by Product Type, 2023 to 2033
Figure 110: East Asia Market Value (US$ Million) by Application, 2023 to 2033
Figure 111: East Asia Market Value (US$ Million) by Country, 2023 to 2033
Figure 112: East Asia Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 113: East Asia Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 114: East Asia Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 115: East Asia Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 116: East Asia Market Value (US$ Million) Analysis by Product Type, 2018 to 2033
Figure 117: East Asia Market Volume (Units) Analysis by Product Type, 2018 to 2033
Figure 118: East Asia Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033
Figure 119: East Asia Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033
Figure 120: East Asia Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 121: East Asia Market Volume (Units) Analysis by Application, 2018 to 2033
Figure 122: East Asia Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 123: East Asia Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 124: East Asia Market Attractiveness by Product Type, 2023 to 2033
Figure 125: East Asia Market Attractiveness by Application, 2023 to 2033
Figure 126: East Asia Market Attractiveness by Country, 2023 to 2033
Figure 127: Middle East and Africa Market Value (US$ Million) by Product Type, 2023 to 2033
Figure 128: Middle East and Africa Market Value (US$ Million) by Application, 2023 to 2033
Figure 129: Middle East and Africa Market Value (US$ Million) by Country, 2023 to 2033
Figure 130: Middle East and Africa Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 131: Middle East and Africa Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 132: Middle East and Africa Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 133: Middle East and Africa Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 134: Middle East and Africa Market Value (US$ Million) Analysis by Product Type, 2018 to 2033
Figure 135: Middle East and Africa Market Volume (Units) Analysis by Product Type, 2018 to 2033
Figure 136: Middle East and Africa Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033
Figure 137: Middle East and Africa Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033
Figure 138: Middle East and Africa Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 139: Middle East and Africa Market Volume (Units) Analysis by Application, 2018 to 2033
Figure 140: Middle East and Africa Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 141: Middle East and Africa Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 142: Middle East and Africa Market Attractiveness by Product Type, 2023 to 2033
Figure 143: Middle East and Africa Market Attractiveness by Application, 2023 to 2033
Figure 144: Middle East and Africa Market Attractiveness by Country, 2023 to 2033
The market is valued at USD 3.5 billion in 2023.
ST Microelectronics, and Rohm Co, Ltd. are the key market players.
The market is predicted to reach USD 6.1 billion in 2033.
The market is expected to witness a CAGR of 5.7% through 2033.
Delta Sigma ADC segment is likely to remain preferred through 2033.
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