Industrial Wireless Sensor Network Market Trends: Insights into the Future of Automation
Industrial Wireless Sensor Network Market Growth Fueled by Demand for Real-Time Data
Advanced communication technologies like multi-standard radios and MIMO are driving demand for multichannel programmable data conversion, boosting ADC performance.”
WILMINGTON, DE, UNITED STATES, December 10, 2024 /EINPresswire.com/ -- Asia-Pacific dominates the analog-to-digital converters market throughout the forecast period. However, LAMEA is expected to grow at the highest CAGR. Furthermore, the industrial application segment is expected to grow at the highest CAGR throughout the forecast period. However, the consumer electronics segment is expected to maintain its dominance throughout the forecast period. — Allied Market Research
𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 & 𝐓𝐎𝐂: https://www.alliedmarketresearch.com/request-sample/2928
Allied Market Research, titled, Analog-to-Digital Converters Market by Product and Application: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global analog-to-digital converters market was valued at $2,145.00 million in 2016, and is projected to reach $3,175.04 million by 2023, growing at a CAGR of 5.60% from 2017 to 2023.
An analog-to-digital converter (ADC) is an electronic component that accepts analog (continuous) input and transforms it into digital (discrete) output. The market is driven by an increase in technological advancements and a surge in the disposable income of individuals. However, the design complexity design of the ADC device restricts the market growth.
At present, Asia-Pacific dominates this market, followed by North America. In 2016, China dominated the Asia-Pacific market; similarly, the U.S. led the overall market in North America in the same year. The rest of Europe, excluding the UK, Germany, and France, currently dominates the European analog-to-digital converters market.
𝐆𝐞𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐰𝐢𝐭𝐡 𝐲𝐨𝐮’𝐫𝐞 𝐑𝐞𝐪𝐮𝐢𝐫𝐞𝐦𝐞𝐧𝐭𝐬: https://www.alliedmarketresearch.com/request-for-customization/2928
In 2016, the delta-sigma ADC segment dominated the product segment, in terms of revenue. Furthermore, based on application, consumer electronics led the global market in 2016. However, the industrial application segment is expected to register the highest CAGR throughout the forecast period.
𝐊𝐞𝐲 𝐅𝐢𝐧𝐝𝐢𝐧𝐠𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐀𝐧𝐚𝐥𝐨𝐠-𝐭𝐨-𝐝𝐢𝐠𝐢𝐭𝐚𝐥 𝐂𝐨𝐧𝐯𝐞𝐫𝐭𝐞𝐫𝐬 𝐌𝐚𝐫𝐤𝐞𝐭:
- The delta-sigma ADC segment generated the highest revenue o in the global market in 2016.
- In 2016, the consumer electronics segment generated the highest revenue in the application segment.
- LAMEA is anticipated to exhibit the highest CAGR from 2017 to 2023.
- In 2016, Asia-Pacific contributed the highest market share, followed by North America, Europe, and LAMEA.
The key players profiled in the report include Analog Devices, Inc., Microchip Technology Inc., Sony Corporation, Maxim Integrated, Adafruit Industries, Texas Instruments Incorporated, Asahi Kasei Microdevices Co., Renesas Electronics Corporation, National Instruments, and Diligent Inc.
𝐈𝐧𝐪𝐮𝐢𝐫𝐲 𝐛𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠: https://www.alliedmarketresearch.com/purchase-enquiry/2928
𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:
Allied Market Research is a top provider of market intelligence that offers reports from leading technology publishers. Our in-depth market assessments in our research reports take into account significant technological advancements in the sector. In addition to other areas of expertise, AMR focuses on the analysis of high-tech systems and advanced production systems. We have a team of experts who compile thorough research reports and actively advise leading businesses to enhance their current procedures. Our experts have a wealth of knowledge on the topics they cover. Also, they use a variety of tools and techniques when gathering and analyzing data, including patented data sources.
David Correa
Allied Market Research
+1 800-792-5285
email us here
Visit us on social media:
Facebook
X
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
