The optocoupler IC market is growing at a rapid pace across
the globe. The market growth attributes to growing applications of optocoupler
ICs in sectors such as automotive, aerospace & defense, solar, consumer
electronics, and others provide extensive impetus to the market growth.
Besides, the proliferation of electronic devices such as smartphones, tablets,
and laptops allows the market to garner significant traction, increasing market
sales. Moreover, the spurting growth in the automotive and consumer electronics
industries escalates the demand in the market.
According to Market Research Future (MRFR), the global optocoupler IC market is poised
to create a valuation of USD 2.55 BN
by 2025, growing at 6.5% CAGR during
the forecast period (2019 – 2025). Also, the increasing demand for smart home
devices and compact & energy-efficient optocoupler ICs are the key driving
forces behind the market growth. The electronics industry worldwide is
currently witnessing major reforms and implementations of stringent regulations
regarding environment and energy efficiency.
Advancements in optocoupler IC technology are increasing its
use in widespread applications. Also, the quality, performance, and reliability
of these ICs foster the market growth, helping industry players to sustain in
this intensely competitive market.
Global Optocoupler IC Market- Competitive Analysis
Highly competitive, the optocoupler IC market appears
fragmented due to the presence of several well-established players. To gain a
larger competitive share, these players incorporate strategic initiatives such
as mergers & acquisitions, collaborations, expansion, and product/
technology launch.
Major Players:
Players leading the global optocoupler IC market include
Toshiba Corporation (Japan), Renesas Electronics Corporation (Japan),
Semiconductor Components Industries LLC (US), Vishay Intertechnology, Inc (US),
Broadcom Inc (US), Lite-On
Technology Inc (Taiwan), Everlight Electronics Co., Ltd.
(Taiwan), Taiwan Semiconductor Mfg. Co. Ltd. (Taiwan), Infineon Technologies AG
(Germany), Panasonic Corporation (Japan), IXYS Corporation (US), Phoenix
Contact (Germany), Standex Electronics, Inc. (US), Sharp Corporation (Japan),
and TT Electronics (UK), among others.
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Global Optocoupler IC Market- Segments
By Type : High-Speed
Optocouplers, High Linearity Optocouplers, Logic Output Optocouplers, MOSFET
Output Optocouplers, Transistor Output Optocouplers, TRIAC & SCR Output
Optocouplers, and others.
By Pin : 4-pin,
5-pin, 6-pin, and 7-pin.
By Vertical :
Automotive, Aerospace & Defense, Solar, Consumer Electronics, and
others.
By Regions :
Americas, Europe, APAC, and the Rest-of-the-World.
Global Optocoupler IC Market- Regional Analysis
North America dominates the global optocoupler IC market. The
largest market share is attributed to the increasing adoption and
implementation of optocoupler ICs across the industry verticals. Besides,
rising advances in technology and increasing demand for consumer electronics
devices such as smartphones, computers, and others increase the optocoupler IC
market size. Also, the presence of many automakers and OEMs in the region
pushes the growth of the market.
Europe stands second in the global optocoupler IC market. The
market growth is driven by the presence of the well- established automotive and
electronic industry in the region. Moreover, increased investments by
semiconductor companies fuel the demand for optocoupler ICs in the region.
Innovation in the ICT segment plays a significant role in the growth of the
market.
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TABLE OF CONTENTS:
1.
Market Introduction
2.
Research Methodology
3.
Market Dynamics
4.
Executive Summary
5.
Market Factor Analysis
6.
Optocoupler IC Market,
By Segments
7.
Competitive Analysis
Continued…
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