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General Purpose Analog Semiconductor Market is anticipated to reach US$32.642 billion by 2029 at a CAGR of 3.32%

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The general purpose analog semiconductor market is anticipated to grow at a CAGR of 3.32% from US$25.979 billion in 2022 to US$32.642 billion by 2029.

The general purpose analog semiconductor market is anticipated to grow at a CAGR of 3.32% from US$25.979 billion in 2022 to US$32.642 billion by 2029.”
— Knowledge Sourcing Intelligence
NOIDA, UTTAR PARDESH, INDIA, April 3, 2024 / -- According to a new study published by Knowledge Sourcing Intelligence, the general purpose analog semiconductor market is projected to grow at a CAGR of 3.32% between 2022 and 2029 to reach US$32.642 billion by 2029.

General-purpose analog semiconductors are semiconductor components that convert real-world signals into electrical signals for electronic devices, handling continuous voltage or current levels, as opposed to digital semiconductors, which deal with discrete binary values (0s and 1s), making them critical for accurate signal control and manipulation.

Amplifiers, data converters, voltage regulators, and comparators are the most common types of general-purpose analog integrated circuits (IC). They are mostly utilized in ordinary electronic gadgets. The market is predicted to increase at a modest rate due to the expanding consumer electronics sector. Furthermore, the expanding adoption of autonomous cars, along with increased investment, presents a chance for the industry to expand in the future years.

Growing environmental concern is also boosting the industry, culminating in towns designed with cutting-edge grid systems as regular features. Power management analog IC solutions that can control both wired and wireless connections are thus in high demand.

Furthermore, market growth is being driven by the automobile industry's increasing automation. Automakers utilize power management analog integrated circuits (ICs) to regulate excessive voltage fluctuations in batteries, increase their lifespan, and run security systems.

Urbanization in emerging economies boosts consumer discretionary income, resulting in greater wages and better education. This boosts purchasing power for advanced gadgets, boosting global market growth. Demand for general-purpose analog semiconductors is likely to increase as cutting-edge electronic items such as tablets, smartphones, LED TVs, and smartwatches become more popular.

For instance, in January 2024, Texas Instruments (TI) unveiled new chips designed to increase automobile safety and intelligence. The AWR2544 77GHz radar sensor chip improves sensor fusion and decision-making in ADAS. The DRV3946-Q1 and DRV3901-Q1 are software-programmable driver chips that offer diagnostics and functional safety for battery management and powertrain systems.

General-purpose analog semiconductors are used in a wide range of consumer electronics applications that need differing output signals from radio-frequency and audio-frequency amplifiers. Some of these applications are data converters, comparators, voltage regulators, and amplifiers.

There are many product launches and developments that are taking place in the global general-purpose analog semiconductor market during the forecast period. For instance, in March 2023, Analogue Devices introduced the ADuM4195-1, a new series of iCoupler® analog amplifier isolators with low offset and gain error that are ideal for isolated voltage sensing applications such as inverters, DC/DC converters, and on-board chargers. They are also fully certified for reinforced isolation applications in automotive, industrial automation, and energy conversion.

The Asia Pacific area is anticipated to develop rapidly throughout the projected period, owing to rising global consumption of consumer electronics items. This is due to the growing demand for high-end technology-based gadgets, along with low electronic pricing. North America and Europe are also likely to have subsequent market shares.

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The global general-purpose analog semiconductor market, based on different types is categorized into- power management, data converters, amplifiers, and interfaces. Analog semiconductors are used in power management in electronic systems like voltage regulators, DC-DC converters, AC-DC converters, power switches, voltage references, and battery management ICs to optimize energy efficiency and power delivery.

Data converters, also known as analog-to-digital converters (ADCs) and digital-to-analog converters (DACs), are devices that convert signals between analog and digital domains, transforming analog signals into digital data for analysis by digital systems and back into analog signals for output. Amplifiers, also known as operational, differential, instrumentation, audio, and RF amplifiers, are analog circuits that increase the amplitude of electrical signals, filter noise, improve signal-to-noise ratio, and drive loads in a variety of applications such as audio systems, instrumentation, medical devices, and telecommunications.

Switches, multiplexers, demultiplexers, voltage translators, level shifters, and AFE ICs are examples of interface analog semiconductors. They provide signal conditioning, level shifting, protocol conversion, and isolation functions, allowing for seamless communication between electronic systems and devices.

The global general-purpose analog semiconductor market, based on industry vertical is categorized into- consumer electronics, communication and technology, automotive, and manufacturing. The consumer electronics industry relies extensively on general-purpose analog semiconductors for various products, including smartphones, tablets, laptops, wearables, household appliances, game consoles, and audio/video equipment. Miniaturization, enhanced functionality, energy efficiency, and connection all boost demand in the industry.

Analog semiconductors are highly used in the communication and technology industries for applications like telecommunications, networking, data centers, wireless devices, and IoT infrastructure because of their high-speed data transfer, better signal processing, and greater connection.

The automobile sector is a substantial market for general-purpose analog semiconductors, which are utilized in engine control, powertrain management, safety systems, entertainment, and advanced driver assistance systems. Trends such as vehicle electrification, autonomous driving, and connectivity fuel this need.

Analog semiconductors are used in manufacturing for industrial automation, control systems, robotics, instrumentation, and sensor applications such as PLCs, motor drives, motion controllers, sensors, actuators, and industrial networking equipment.

As a part of the report, the major players operating in the global general-purpose analog semiconductor market that have been covered are Texas Instruments Incorporated, Qualcomm Technologies Inc (NXP Semiconductors), STMicroelectronics, Skyworks Solutions Inc, Infineon Technologies AG, Analog Devices (Maxim Integrated), BelGaN Group BV (ON Semiconductor), Microchip Technology Inc, and Renesas Electronics Corporation.

The market analytics report segments the global general-purpose analog semiconductor market using the following criteria:

• By Type

o Power Management
o Data Convertors
o Amplifiers
o Interface

• By Industry Vertical

o Consumer Electronics
o Communication and Technology
o Automotive
o Manufacturing

• By Geography

o North America

• Canada
• Mexico

o South America

• Brazil
• Argentina
• Others

o Europe

• Germany
• France
• UK
• Spain
• Others

o Middle East and Africa

• Saudi Arabia
• Others

o Asia Pacific

• China
• Japan
• India
• Taiwan
• Others

Companies Mentioned:

• Texas Instruments Incorporated
• Qualcomm Technologies Inc (NXP Semiconductors)
• STMicroelectronics
• Skyworks Solutions Inc
• Infineon Technologies AG
• Analog Devices (Maxim Integrated)
• BelGaN Group BV (ON Semiconductor)
• Microchip Technology Inc
• Renesas Electronics Corporation

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Ankit Mishra
Knowledge Sourcing Intelligence LLP
+1 850-250-1698
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