The global digital isolator market is expected to grow by USD 439.22 million as per Technavio. This marks a significant market slow down compared to the 2019 growth estimates due to the impact of the COVID-19 pandemic in the first half of 2020. However, steady growth is expected to continue throughout the forecast period, and the market is expected to grow at a CAGR of almost 5%.
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Technavio has announced its latest market research report titled Global Digital Isolator Market 2020-2024 (Graphic: Business Wire)
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Read the 120-page report with TOC on "Digital Isolator Market Analysis Report by Technology (Capacitive digital isolator, Inductive digital isolator, and Optical digital isolator), Geography (North America, APAC, Europe, South America, and MEA), Application (Industrial process control, Power supply and regulation control, Healthcare, Instrumentation and measurement, and Other applications), and the Segment Forecasts, 2020-2024".
https://www.technavio.com/report/digital-isolator-market-industry-analysis
The market is driven by the rising need for industrial automation. In addition, the increasing use of digital isolators in higher altitudes is anticipated to boost the growth of the digital isolator market.
Rising competition and the continuously evolving consumer trends are compelling companies to improve their manufacturing capabilities and meet the growing demand. Also, the growing shortage of skilled labor in the manufacturing sector and rising employee wages have increased the adoption of automation technologies across industries. The rising adoption of automation has increased the demand for advanced electronics such as digital isolators that reduce noise levels. These factors are fueling the growth of the global digital isolator market.
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Major Five Digital Isolator Companies:
Advantech Co. Ltd.
Advantech Co. Ltd. operates its business across segments such as Industrial Internet of Thing Services (IIoT), Embedded Boards and Design-in Services (EIoT), Allied Design Manufacture Services (Allied DMS), Intelligent Services (SIoT), and Global Customer Services (AGS APS). The company offers BB-UH401, BB-UHR401, BB-UHR402, and other variants of digital isolators.
Analog Devices Inc.
Analog Devices Inc. operates its business across segments such as Industrial, Communications, Automotive, and Consumer. The company offers ADUM6422A, ADP1032, ADP1031, LTM2810, and other variants of digital isolators.
Broadcom Inc.
Broadcom Inc. operates its business through segments such as Semiconductor solutions, Infrastructure software, and IP licensing. The company offers a wide range of digital isolators. Some of its key offerings include ACCL-9410, ACML-7420, and ACML-7410.
Infineon Technologies AG
Infineon Technologies AG operates its business through segments such as Automotive, Industrial Power Control, Power Management and Multimarket, and Digital Security Solutions. The company offers a wide range of digital isolators. PVI5050NS is one of its key offerings.
Maxim Integrated Products Inc.
Maxim Integrated Products Inc. operates its business through the Unified segment. The company offers a wide range of digital isolators. MAX22445 is one of its key offerings.
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Digital Isolator Market Technology Outlook (Revenue, USD Million, 2020-2024)
- Capacitive digital isolator
- Inductive digital isolator
- Optical digital isolator
Digital Isolator Market Geography Outlook (Revenue, USD Million, 2020-2024)
- North America
- APAC
- Europe
- South America
- MEA
Digital Isolator Market Application Outlook (Revenue, USD Million, 2020-2024)
- Industrial process control
- Power supply and regulation control
- Healthcare
- Instrumentation and measurement
- Other applications
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