Global Analog Integrated Circuit (IC) Market Trends, Applications, Analysis, Growth, and Forecast to 2027

MarketResearch.biz, in its upcoming report titled, “Global Analog Integrated Circuit (IC) Market Trends, Applications, Analysis, Growth, and Forecast to 2027”, offers in-depth insights, revenue details, and other vital information regarding the global analog IC market and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report also offers insightful and detailed information regarding the various key players operating in the global analog IC market, and their financials, apart from strategies, acquisitions & mergers, and market footprint. The global analog IC market is segmented on the basis of sensor type, application, end-use industry, and region. The global analog IC market was valued at US$ XXX.X million in 2016, and is expected to reach US$ X.X billion over the forecast period at a CAGR of X.X%.

Analog ICs have logic components which allows them to connect and communicate with the microprocessors of the electronic devices. Analog ICs are a network of small interconnected components manufactured over a single wafer of semiconducting material. Analog ICs work over continuous range of input signals compared to digital circuits which have only two levels of input and output voltages. Analog ICs are perfect solution for power management owing to which they are commonly used in electronic devices.

Increasing penetration of smartphones, feature phones and tablets, and technological advancements in consumer electronic devices are major factors driving growth of the global analog IC market. In addition, analog IC are used in components such as DC amplifiers, multi-vibrators, oscillators etc. Increasing adoption of these components in various LED lighting applications such as data communication system, display drivers, and traffic light indicator are further fueling growth of the global analog IC market.  Declining cost per function of ICs, shortened product replacement cycle, and increasing functionality coupled with increasing adoption in technologies such as virtual reality, drones, and robotics are some other factors propelling growth of the global analog IC market.

A major factor hampering growth of the global analog IC market is increasing design complexities of analog ICs. In addition, lack of innovation and lesser efficiency compared to discrete circuits are other factors expected to hamper growth of the global analog IC market.

Asia pacific dominates the global analog IC market and is expected to maintain its dominance during the forecast period. This growth is attributed to presence of major electronic component manufacturers and major consumer electronic device vendors, and increasing tech-savvy consumer base. The market in North America is expected to witness significant growth and is expected to register a CAGR of XX.X% during the forecast period.

Global  Analog Integrated Circuit (IC) Market Segmentation:

Segmentation on the basis of product type:

• Application specific IC
• General-purpose IC

 Segmentation on the basis of application:

• Communication
• Consumer electronics
• Automotive
• Industrial
• Medical and healthcare
• Aerospace
• Others

Region-wise segmentation:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa