Mixed Signal IC Market is Estimated to Witness
High Growth Owing to Rise in Analog and Digital
The mixed signal IC market involves
integration of both analog and digital circuitry on a single chip that enables
processing of signals in both analog and digital domains. Mixed signal ICs
enable conversion of signals from analog to digital and vice versa. They find
applications in products requiring conversion of analog signals such as
temperature, current, voltage into digital and processing them for various
applications. The increasing level of integration of analog and digital
components in devices along with advancements in miniaturization of
semiconductor chips is boosting demand for mixed signal ICs. In 2024,
The
global mixed signal IC market is estimated to be valued at US$ 130.86 billion
and is expected to exhibit a CAGR of 7.2% over the forecast period of 2024 to
2031.
Key Takeaways
Key players operating in the mixed signal IC market are AMS OSRAM AG, Analog
Devices Inc., Broadcom Inc., Cirrus Logic Inc., Diodes Inc., EnSilica Ltd.,
Infineon Technologies AG, Lattice Semiconductor Corp., Marvell Technology Inc.,
MaxLinear Inc., Microchip Technology Inc., Mixed Signal Integration, National
Instruments Corp., NXP Semiconductors NV, Renesas Electronics Corp., Semtech
Corp., Silicon Laboratories Inc., STMicroelectronics International N.V.,
Telephonics Corp., and Texas Instruments Inc. Key players are focusing on new
product launches and increasing investments in R&D to introduce advanced
solutions in automotive, industrial, consumer electronics and other
applications.
The Mixed
Signal IC Market Trends vendors. The increasing number of connected
devices and requirements for low power consumption is propelling the
development of more robust and efficient mixed signal ICs. Moreover, advent of
5G networks and proliferation of applications such as autonomous cars is
fueling the need for advanced mixed signal ICs.
Advancements in process technology such as FinFET is enabling higher levels of
analog and digital integration and driving down power consumption.
Multi-antenna techniques in millimeter wave frequencies employed in 5G standard
poses challenges which is spurring R&D in mixed signal transceivers.
Development of Software Defined Radio integrating all transmission and
reception functions in one mixed signal IC is another key technological shift.
Market drivers: The rising adoption of autonomous and semi-autonomous vehicles
relying on a complex network of sensors requires powerful and robust mixed
signal ICs driving volumes significantly. Furthermore, increasing digitization
of healthcare equipments, home appliances and smart cities infrastructure
necessitates mixed signal ICs for analog to digital conversion. Expanding
manufacturing sector employing Industrial IoT also presents an opportunity due
to need for advanced machine monitoring and control applications.
The Mixed
Signal IC Market Size And Trends is facing various challenges such as
high design complexity, requirement of advanced semiconductor fabrication
processes, shortage of skilled workforce and high initial investments.
Designing mixed signal chips is very complex as it involves integrating both
analog and digital circuits on a single silicon die.
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More Insights On, Mixed
Signal IC Market
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