Market Overview:
The global precision digital-to-analog converters market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for high-precision analog signals in various applications such as consumer electronics, communications, automotive, and industrial. In addition, the growing trend of miniaturization in electronic devices is also fueling the demand for precision digital-to-analog converters. Based on type, the global precision digital-to-analog converters market can be segmented into ≤ 12 bits, 14 bits to 16 bits, 16 bits to 20 bits (include 16bits and 20bits), and >20bits segments. The ≤ 12 bit segment is expected to account for a major share of the global market due to its low cost and easy implementation. Based on application ,the global precision digital -to - analog converter smarket can be divided into consumer electronics ,communications ,automotive ,industrial segments .
Product Definition:
Precision digital-to-analog converters (DACs) are critical to the performance and accuracy of high-end audio equipment. They take a digital signal, usually from a computer or CD player, and convert it into an analog signal that can be heard through speakers or headphones. DACs with very low levels of distortion and noise are important for reproducing the subtlest details in music.
≤ 12 Bits:
Precision Digital-to-analog converters (PDAs) market is expected to grow at a CAGR of XX% from 2016 to 2024. The growth can be attributed to the increasing demand for high accuracy and reliability in measurement applications, which has led to the development of advanced PDA solutions.
Technological advancements have resulted into miniaturization of components such as transistors, capacitors.
14 Bits to 16 Bits:
The 14 bits to 16 bits is used in Precision Digital-to-analog Converters (PDAC) market. It's a technology that allows high accuracy and speed for signal processing. The PDACs are mainly used in medical, scientific, and industrial applications.
Application Insights:
The consumer electronics segment accounted for the largest market share in 2017 and is anticipated to continue its dominance over the forecast period. The growing demand for smartphones, tablets, smartwatches and other similar devices is driving this growth. Moreover, increasing adoption of IoT technologies across various industries including healthcare and automotive is further escalating the demand from consumer electronics applications.
The communications segment was valued at USD 175 million in 2017 owing to an increase in demand for high-speed internet services along with a rise in mobile phone subscriptions around the world. Furthermore, companies such as Huawei Technologies Co., Ltd., ZTE Corporation and others are investing significantly in research & development activities related to 5G technology which will open new avenues over the coming years.
Regional Analysis:
The Asia Pacific region dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing demand for consumer electronics, automobiles, and industrial applications. Moreover, rising disposable income coupled with growing penetration of smartphones is anticipated to drive regional product demand in near future.
North America accounted for a significant share of the overall revenue owing to early adoption of digital-to-analog converters technology along with presence of major players such as Maxim Integrated Products Inc.; Texas Instruments Inc.; Analog Devices Inc.; National Semiconductor Corporation; Silicon Lab Ltd; and Xelerator LLC. Europe also contributed significantly towards market share owing to high demand from automotive manufacturers for advanced sensors that are integrated into vehicles’ ECUs (Electronic Control Units).
Growth Factors:
- Increasing demand for high-resolution audio
- Growing popularity of portable audio devices
- Proliferation of digital content and streaming services
- Advances in semiconductor technology and manufacturing processes
- Rising consumer awareness about the benefits of precision digital-to-analog converters
Scope Of The Report
Report Attributes
Report Details
Report Title
Precision Digital-to-analog Converters Market Research Report
By Type
≤ 12 Bits, 14 Bits to 16 Bits, 16 Bits to 20 Bits (Include 16 Bits and 20 Bits), > 20 Bits
By Application
Consumer Electronics, Communications, Automotive, Industrial
By Companies
ADI, TI, Maxim, Microchip, Renesas Electronics, ADI
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
229
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Precision Digital-to-analog Converters Market Report Segments:
The global Precision Digital-to-analog Converters market is segmented on the basis of:
Types
≤ 12 Bits, 14 Bits to 16 Bits, 16 Bits to 20 Bits (Include 16 Bits and 20 Bits), > 20 Bits
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Consumer Electronics, Communications, Automotive, Industrial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ADI
- TI
- Maxim
- Microchip
- Renesas Electronics
- ADI
Highlights of The Precision Digital-to-analog Converters Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- ≤ 12 Bits
- 14 Bits to 16 Bits
- 16 Bits to 20 Bits (Include 16 Bits and 20 Bits)
- > 20 Bits
- By Application:
- Consumer Electronics
- Communications
- Automotive
- Industrial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Precision Digital-to-analog Converters Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Precision digital-to-analog converters (DACs) are devices that convert digital signals into analog signals. This allows audio equipment to reproduce sound more accurately, and it can also be used to create new sounds.
Some of the key players operating in the precision digital-to-analog converters market are ADI, TI, Maxim, Microchip, Renesas Electronics, ADI.
The precision digital-to-analog converters market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Precision Digital-to-analog Converters Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Precision Digital-to-analog Converters Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Precision Digital-to-analog Converters Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Precision Digital-to-analog Converters Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Precision Digital-to-analog Converters Market Size & Forecast, 2018-2028
4.5.1 Precision Digital-to-analog Converters Market Size and Y-o-Y Growth
4.5.2 Precision Digital-to-analog Converters Market Absolute $ Opportunity
Chapter 5 Global Precision Digital-to-analog Converters Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Precision Digital-to-analog Converters Market Size Forecast by Type
5.2.1 ≤ 12 Bits
5.2.2 14 Bits to 16 Bits
5.2.3 16 Bits to 20 Bits (Include 16 Bits and 20 Bits)
5.2.4 > 20 Bits
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Precision Digital-to-analog Converters Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Precision Digital-to-analog Converters Market Size Forecast by Applications
6.2.1 Consumer Electronics
6.2.2 Communications
6.2.3 Automotive
6.2.4 Industrial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Precision Digital-to-analog Converters Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Precision Digital-to-analog Converters Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Precision Digital-to-analog Converters Analysis and Forecast
9.1 Introduction
9.2 North America Precision Digital-to-analog Converters Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Precision Digital-to-analog Converters Market Size Forecast by Type
9.6.1 ≤ 12 Bits
9.6.2 14 Bits to 16 Bits
9.6.3 16 Bits to 20 Bits (Include 16 Bits and 20 Bits)
9.6.4 > 20 Bits
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Precision Digital-to-analog Converters Market Size Forecast by Applications
9.10.1 Consumer Electronics
9.10.2 Communications
9.10.3 Automotive
9.10.4 Industrial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Precision Digital-to-analog Converters Analysis and Forecast
10.1 Introduction
10.2 Europe Precision Digital-to-analog Converters Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Precision Digital-to-analog Converters Market Size Forecast by Type
10.6.1 ≤ 12 Bits
10.6.2 14 Bits to 16 Bits
10.6.3 16 Bits to 20 Bits (Include 16 Bits and 20 Bits)
10.6.4 > 20 Bits
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Precision Digital-to-analog Converters Market Size Forecast by Applications
10.10.1 Consumer Electronics
10.10.2 Communications
10.10.3 Automotive
10.10.4 Industrial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Precision Digital-to-analog Converters Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Precision Digital-to-analog Converters Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Precision Digital-to-analog Converters Market Size Forecast by Type
11.6.1 ≤ 12 Bits
11.6.2 14 Bits to 16 Bits
11.6.3 16 Bits to 20 Bits (Include 16 Bits and 20 Bits)
11.6.4 > 20 Bits
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Precision Digital-to-analog Converters Market Size Forecast by Applications
11.10.1 Consumer Electronics
11.10.2 Communications
11.10.3 Automotive
11.10.4 Industrial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Precision Digital-to-analog Converters Analysis and Forecast
12.1 Introduction
12.2 Latin America Precision Digital-to-analog Converters Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Precision Digital-to-analog Converters Market Size Forecast by Type
12.6.1 ≤ 12 Bits
12.6.2 14 Bits to 16 Bits
12.6.3 16 Bits to 20 Bits (Include 16 Bits and 20 Bits)
12.6.4 > 20 Bits
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Precision Digital-to-analog Converters Market Size Forecast by Applications
12.10.1 Consumer Electronics
12.10.2 Communications
12.10.3 Automotive
12.10.4 Industrial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Precision Digital-to-analog Converters Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Precision Digital-to-analog Converters Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Precision Digital-to-analog Converters Market Size Forecast by Type
13.6.1 ≤ 12 Bits
13.6.2 14 Bits to 16 Bits
13.6.3 16 Bits to 20 Bits (Include 16 Bits and 20 Bits)
13.6.4 > 20 Bits
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Precision Digital-to-analog Converters Market Size Forecast by Applications
13.10.1 Consumer Electronics
13.10.2 Communications
13.10.3 Automotive
13.10.4 Industrial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Precision Digital-to-analog Converters Market: Competitive Dashboard
14.2 Global Precision Digital-to-analog Converters Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ADI
14.3.2 TI
14.3.3 Maxim
14.3.4 Microchip
14.3.5 Renesas Electronics
14.3.6 ADI
