Market Overview:
The global precision measurement ics market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for precision measurement ics in various applications such as healthcare, manufacturing, telecom, automotive and others. In addition, the growing demand for miniaturization and higher performance are also contributing factors to the growth of this market.
Product Definition:
Precision measurement is the use of technology to measure something with a high degree of accuracy. This can be done through the use of sensors that can detect very small changes in position or movement, as well as devices that can measure very precise quantities such as force, voltage, or current. Precision measurement systems are used in many industries to ensure products are manufactured within tight tolerances and to help optimize processes.
Current Sense Amplifiers:
Current sense amplifiers are used to measure current in precision measurement ics market. They are mainly used for measuring currents in high power electronic devices such as RFID tags, motor drives and other smart components. Precision measurement is a branch of electronics science which deals with the accurate measurement of current and voltage using various instruments like ammeters, voltmeters etc.
Digital to Analog Converters:
Digital to analog converters are electronic devices that convert digital signals into an analog form and vice-versa. The main function of these converters is to allow a precise conversion between two different forms of representing information, i.e., from a series of 0s and 1s (digital) to a series of voltage levels (analog).
Application Insights:
The manufacturing sector accounted for the largest share in 2015 and is expected to continue its dominance over the forecast period. The growing manufacturing industry, especially in emerging countries of Asia Pacific and Middle East & Africa, is anticipated to propel demand for GPM Ics over the forecast period.
The healthcare segment accounted for a significant share in 2015 owing to increasing investments by governments across various countries towards building world-class healthcare facilities with advanced equipment. Precision measuring devices are used extensively within medical laboratories as they offer accuracy along with repeatability and standardization at low costs which makes them highly suitable within this sector.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing government funding for R&D activities, presence of key players, and high adoption rate of advanced technologies across various industries. Moreover, growing demand for medical devices that require superior precision and accuracy is anticipated to drive regional growth over the forecast period.
Asia Pacific is expected to witness lucrative growth over the next eight years owing to rising disposable income coupled with increasing investments by governments in developing countries such as China and India. Furthermore, rapid industrialization along with supportive government policies aimed at promoting manufacturing output are estimated to boost industry expansion over this period as well as future plans of major manufacturers located in Europe and North America are shifting towards Asia Pacific due to cheaper labor costs associated with these regions (Kumar & Srinivasan 2018).
Growth Factors:
- Increasing demand from the semiconductor and electronics industry for high-precision measurement ics for process control and yield management.
- Rapid growth of the automotive market, especially in Asia Pacific, for advanced safety features that require precision measurement ics.
- Proliferation of smart devices and the Internet of Things (IoT) that need precision sensors to enable new applications and services.
- Growing demand for medical devices with better accuracy, sensitivity, and specificity to improve patient care outcomes.
Scope Of The Report
Report Attributes
Report Details
Report Title
Precision Measurement Ics Market Research Report
By Type
Current Sense Amplifiers, Digital to Analog Converters, Analog to Digital Converters, Programmable Gain Amplifier, Others
By Application
Healthcare, Manufacturing, Telecom, Automotive, Others
By Companies
Maxim Integrated, Texas Instruments, Analog Devices, NXP Semiconductors, ON Semiconductor, Maxim Integrated
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
228
Number of Tables & Figures
160
Customization Available
Yes, the report can be customized as per your need.
Global Precision Measurement Ics Market Report Segments:
The global Precision Measurement Ics market is segmented on the basis of:
Types
Current Sense Amplifiers, Digital to Analog Converters, Analog to Digital Converters, Programmable Gain Amplifier, Others
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
Healthcare, Manufacturing, Telecom, Automotive, Others
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:
- Maxim Integrated
- Texas Instruments
- Analog Devices
- NXP Semiconductors
- ON Semiconductor
- Maxim Integrated
Highlights of The Precision Measurement Ics 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:
- Current Sense Amplifiers
- Digital to Analog Converters
- Analog to Digital Converters
- Programmable Gain Amplifier
- Others
- By Application:
- Healthcare
- Manufacturing
- Telecom
- Automotive
- Others
- 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 Measurement Ics 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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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 Measurement Ics is a global standard for the measurement of small-scale features. It defines a common set of specifications for devices and methods to measure features with high accuracy and repeatability.
Some of the key players operating in the precision measurement ics market are Maxim Integrated, Texas Instruments, Analog Devices, NXP Semiconductors, ON Semiconductor, Maxim Integrated.
The precision measurement ics market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Precision Measurement Ics 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 Measurement Ics Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Precision Measurement Ics 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 Measurement Ics 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 Measurement Ics Market Size & Forecast, 2018-2028 4.5.1 Precision Measurement Ics Market Size and Y-o-Y Growth 4.5.2 Precision Measurement Ics Market Absolute $ Opportunity
Chapter 5 Global Precision Measurement Ics 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 Measurement Ics Market Size Forecast by Type
5.2.1 Current Sense Amplifiers
5.2.2 Digital to Analog Converters
5.2.3 Analog to Digital Converters
5.2.4 Programmable Gain Amplifier
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Precision Measurement Ics 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 Measurement Ics Market Size Forecast by Applications
6.2.1 Healthcare
6.2.2 Manufacturing
6.2.3 Telecom
6.2.4 Automotive
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Precision Measurement Ics 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 Measurement Ics 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 Measurement Ics Analysis and Forecast
9.1 Introduction
9.2 North America Precision Measurement Ics 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 Measurement Ics Market Size Forecast by Type
9.6.1 Current Sense Amplifiers
9.6.2 Digital to Analog Converters
9.6.3 Analog to Digital Converters
9.6.4 Programmable Gain Amplifier
9.6.5 Others
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 Measurement Ics Market Size Forecast by Applications
9.10.1 Healthcare
9.10.2 Manufacturing
9.10.3 Telecom
9.10.4 Automotive
9.10.5 Others
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 Measurement Ics Analysis and Forecast
10.1 Introduction
10.2 Europe Precision Measurement Ics 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 Measurement Ics Market Size Forecast by Type
10.6.1 Current Sense Amplifiers
10.6.2 Digital to Analog Converters
10.6.3 Analog to Digital Converters
10.6.4 Programmable Gain Amplifier
10.6.5 Others
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 Measurement Ics Market Size Forecast by Applications
10.10.1 Healthcare
10.10.2 Manufacturing
10.10.3 Telecom
10.10.4 Automotive
10.10.5 Others
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 Measurement Ics Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Precision Measurement Ics 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 Measurement Ics Market Size Forecast by Type
11.6.1 Current Sense Amplifiers
11.6.2 Digital to Analog Converters
11.6.3 Analog to Digital Converters
11.6.4 Programmable Gain Amplifier
11.6.5 Others
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 Measurement Ics Market Size Forecast by Applications
11.10.1 Healthcare
11.10.2 Manufacturing
11.10.3 Telecom
11.10.4 Automotive
11.10.5 Others
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 Measurement Ics Analysis and Forecast
12.1 Introduction
12.2 Latin America Precision Measurement Ics 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 Measurement Ics Market Size Forecast by Type
12.6.1 Current Sense Amplifiers
12.6.2 Digital to Analog Converters
12.6.3 Analog to Digital Converters
12.6.4 Programmable Gain Amplifier
12.6.5 Others
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 Measurement Ics Market Size Forecast by Applications
12.10.1 Healthcare
12.10.2 Manufacturing
12.10.3 Telecom
12.10.4 Automotive
12.10.5 Others
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 Measurement Ics Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Precision Measurement Ics 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 Measurement Ics Market Size Forecast by Type
13.6.1 Current Sense Amplifiers
13.6.2 Digital to Analog Converters
13.6.3 Analog to Digital Converters
13.6.4 Programmable Gain Amplifier
13.6.5 Others
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 Measurement Ics Market Size Forecast by Applications
13.10.1 Healthcare
13.10.2 Manufacturing
13.10.3 Telecom
13.10.4 Automotive
13.10.5 Others
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 Measurement Ics Market: Competitive Dashboard
14.2 Global Precision Measurement Ics Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Maxim Integrated
14.3.2 Texas Instruments
14.3.3 Analog Devices
14.3.4 NXP Semiconductors
14.3.5 ON Semiconductor
14.3.6 Maxim Integrated