The global digital isolator market was worth US$ 2.46 billion in 2019 and is expected to reach US$ 3.17 billion by 2025, rising at an annual growth rate of about 6.0% between 2020 and 2025.
New insulators with large packaging and high-quality mold compounds may be in high demand in industries facing adverse weather conditions. In addition, the increasing use of renewable energy sources is giving way to the wind, hydro and solar sectors, which in turn could benefit the global market for digital isolators.
Digital isolator market is experiencing the highest rate of growth in developed as well as developing countries. The growth and development of this market are majorly driven by the capability of digital isolators to detect high-frequency digital signals even at higher altitudes. Big organizations, like Texas Instruments, have started offering low-emission, reinforced and high-efficiency digital isolators. The reinforced digital isolators help in providing support to perform reliable operations in the industrial sector.
Market Drivers and Restraints:
Digital isolators are often used to send digital signals across an isolation barrier. These isolators use RF coupling techniques to transmit digital information through an isolation barrier. It is also used to replace optocouplers. The optocoupler is too slow and subject to errors for high-speed digital signals (1 MHz +). The digital isolator is relatively faster and less prone to errors. It has wide applications in door controllers, AC/DC converters, ADC, USB, and other communication ports, and CAN isolation. They are used in various sectors, such as industry, sanitary, automotive and telecommunications. The use of the digital isolator in the industrial area should dominate the market because these isolators prove to be an essential means of receiving efficient and low-cost solutions for equipment security and data transfer compared to optocouplers.
However, digital isolators only transmit signals with data ranges greater than 100 Kbps, and without a modulator, they cannot transfer a low-frequency signal which can hamper the growth of the global digital isolator market.
Market segmentation:
Based on isolation, the global digital isolator market is segmented into the capacitive coupling, GMR, and magnetic coupling. Of these, the GMR segment is predicted to account for the highest growth rate in the worldwide market. This is attributed to the increasing applications of GMR in biosensors, MEMS sensors, and others.
Based on the channel, the digital isolator market is categorized into 2 channel, 4 channel, 6 channel, and 8 channel.
Based on data rate, the global digital isolator market is divided into less than 25 Mbps, 25 Mbps to 75Mbps, and more than 75 Mbps. With the increasing advancements in the technology, more than 75 Mbps segment is projected to register the considerable growth rate in the international business.
Based on vertical, this market is segmented into industrial, automotive, healthcare, telecommunications, and others. The industrial segment is projected to dominate the global digital isolator market in the outlook period. The growth of this market is attributed to the increasing implementation of automation in the industrial sector.
Regional Analysis:
Geographically, the Global Digital Isolator Market has been segmented into the regions of North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.
The Asia-Pacific digital isolator market is foreseen to grow with the highest growth rate in the global digital isolator business during the prediction period. This region is likely to continue its regional dominance during the same period. The growth of the market in this region can be attributed to the higher demand for electronic products without noise for the manufacture of electronic devices and smart devices. In addition, this region is the primary manufacturing center for different electronic products. The organic growth of the semiconductor industry is also driving the growth of this regional market.
North America digital isolator market is anticipated to have a large share of revenues in the global digital isolator trade. This region is considered sufficiently diverse and developed. The growing demand for insulated gate motors, combined with the production and manufacturing of hybrid electric and electric vehicles, is assumed to stimulate the market in this region. These are the factors that should drive the growth and development of the market for digital isolators around the world.
Key Market Players:
Some key players operating in the global digital isolator market are Maxim Integrated, Murata Manufacturing National Instruments, NXP Semiconductors, ROHM Semiconductor, Infineon Technologies, Broadcom Limited, Silicon Labs, Analog Devices and Texas Instruments.
1. Introduction
1.1 Market Definition
1.2 Scope of the report
1.3 Study Assumptions
1.4 Base Currency, Base Year and Forecast Periods
2. Research Methodology
2.1 Analysis Design
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Data Modelling
2.2.4 Expert Validation
2.3 Study Timeline
3. Report Overview
3.1 Executive Summary
3.2 Key Inferencees
4. Market Dynamics
4.1 Impact Analysis
4.1.1 Drivers
4.1.2 Restaints
4.1.3 Opportunities
4.2 Regulatory Environment
4.3 Technology Timeline & Recent Trends
5. Competitor Benchmarking Analysis
5.1 Key Player Benchmarking
5.1.1 Market share analysis
5.1.2 Products/Service
5.1.3 Regional Presence
5.2 Mergers & Acquistion Landscape
5.3 Joint Ventures & Collaborations
6. Market Segmentation
6.1 Digital Isolator Market, By Type
6.1.1 Capacitive Coupling
6.1.2 Magnetic Coupling
6.1.3 Giant Magneto Resistive (GMR)
6.1.4 Market Size Estimations & Forecasts (2019-2024)
6.1.5 Y-o-Y Growth Rate Analysis
6.1.6 Market Attractiveness Index
6.2 Digital Isolator Market, By Data Rate
6.2.1 Less Than 25 Mbps
6.2.2 25 Mbps to 75Mbps
6.2.3 More Than 75 Mbps
6.2.4 Market Size Estimations & Forecasts (2019-2024)
6.2.5 Y-o-Y Growth Rate Analysis
6.2.6 Market Attractiveness Index
6.3 Digital Isolator Market, By Channel
6.3.1 2 Channel
6.3.2 4 Channel
6.3.3 6 Channel
6.3.4 8 Channel
6.3.5 Market Size Estimations & Forecasts (2019-2024)
6.3.6 Y-o-Y Growth Rate Analysis
6.3.7 Market Attractiveness Index
6.4 Digital Isolator Market, By Vertical
6.4.1 Industrial
6.4.2 Automotive
6.4.3 Healthcare
6.4.4 Telecommunications
6.4.5 Market Size Estimations & Forecasts (2019-2024)
6.4.6 Y-o-Y Growth Rate Analysis
6.4.7 Market Attractiveness Index
7. Geographical Landscape
7.1 Global Identity Governance and Administration Market, by Region
7.2 North America - Market Analysis (2018 - 2024)
7.2.1 By Country
7.2.1.1 USA
7.2.1.2 Canada
7.2.2 By Type
7.2.3 By Data Rate
7.2.4 By Channel
7.2.5 By Vertical
7.3 Europe
7.3.1 By Country
7.3.1.1 UK
7.3.1.2 France
7.3.1.3 Germany
7.3.1.4 Spain
7.3.1.5 Italy
7.3.1.6 Rest of Europe
7.3.2 By Type
7.3.3 By Data Rate
7.3.4 By Channel
7.3.5 By Vertical
7.4 Asia Pacific
7.4.1 By Country
7.4.1.1 China
7.4.1.2 India
7.4.1.3 Japan
7.4.1.4 South Korea
7.4.1.5 South East Asia
7.4.1.6 Australia & NZ
7.4.1.7 Rest of Asia-Pacific
7.4.2 By Type
7.4.3 By Data Rate
7.4.4 By Channel
7.4.5 By Vertical
7.5 Latin America
7.5.1 By Country
7.5.1.1 Brazil
7.5.1.2 Argentina
7.5.1.3 Mexico
7.5.1.4 Rest of Latin America
7.5.2 By Type
7.5.3 By Data Rate
7.5.4 By Channel
7.5.5 By Vertical
7.6 Middle East and Africa
7.6.1 By Country
7.6.1.1 Middle East
7.6.1.2 Africa
7.6.2 By Type
7.6.3 By Data Rate
7.6.4 By Channel
7.6.5 By Vertical
8. Key Player Analysis
8.1 Maxim Integrated
8.1.1 Business Description
8.1.2 Products/Service
8.1.3 Financials
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.2 Murata Manufacturing National Instruments
8.3 NXP Semiconductors
8.4 ROHM Semiconductors
8.5 Infineon Technologies
8.6 Broadcom Limited
8.7 Silicon Labs
8.8 Analog Devices
8.9 Texas Instruments Inc.
9. Market Outlook & Investment Opportunities
Appendix
List of Tables
List of Figures
