Analog IC Market 2022-2031
New Study Reports “Analog IC Market 2022, Global Key Players Analysis, Share, Trends, Future Opportunities Forecasts 2031″ has been Added on PMR.
Report Overview
This published report for the Analog IC Market analyzes and forecasts the marketing statistics of the product/service market on a global as well as the regional level. This detailed study Analog IC Market also offers the previous historical data along with the forecast from 2022 to 2031. The assessment of the Analog IC Market factors gives a brief overview of the impact on the demand over the forecast period. In addition to this, the report also studies the opportunities that are available in the report at the global level. An executive summary is also provided based on the industry snapshot for the period from 2022-2031.
The recently updated report published by Persistence Market Research projects that the global market for analog ICs, which is valued at US$ 63 Bn in 2022, will soar at a robust 8.5% CAGR to reach US$ 93 Bn by the end of 2031.
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Texas Instruments, Inc. is being observed as the largest manufacturer of analog IC in the world. Along with Infineon Technologies AG, STMicroelectronics NV, Analog Devices Inc., and Skywork Solutions, Inc., these companies will continue to communally account for 40% share of global analog IC market revenues through 2031.
NXP Semiconductors NV is also known for offering performance-based analog IC. US-based ON Semiconductor Corporation is also a leading player in the global analog IC market, owing to its credibility for catering to applications such as power management and logic & timing.
Qualcomm Technologies, Inc., Maxim Integrated Products, Inc., and Renesas Electronics Corporation are also prominent manufacturers of analog IC, profiled in this report.
Key Players:
The report has profiled some of the Important players prevalent in the global like – Qualcomm Technologies, Inc., STMicroelectronics, Analog Devices, Inc., Infineon Technologies AG, NXP Semiconductors, Maxim Integrated, Skyworks Solutions, Inc., ON Semiconductor, Linear Technology and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Analog IC.
Asia-Pacific – Fastest-growing Analog IC Market
In terms of regional growth, global analog IC market will witness utmost dominance from Asia-Pacific (APAC) countries. By the end of 2031, revenue from every other analog IC product that will be sold in the world will be accounted by the APAC region.
North America is anticipated to account for more than 1/3 of the global market share through 2031. In 2022 & beyond, Latin America, Europe and the Middle East & Africa arc expected to collectively account for less than 1/4 of global analog IC revenues.
General purpose IC products & services are presently in demand from multiple industrial verticals. With time, analog IC will be designed according to the application it serves. While general purpose IC products accounted for 2/5 revenue share in 2022, global analog IC revenues emanating from sales of such products are ordained to experience decline.
Corresponding to the dip in sales of general purpose IC products, industrial demands for analog IC will be veering towards application-specific IC products.
Higher Demand for Analog ICs in Automotive Applications
Application of analog IC will continue to spanned across industries such as communications, healthcare, manufacturing, consumer electronics, and automotive, among others. Analog IC are gaining adoption in communication industry by playing an integral role in multiple device connectivity.
Considering higher use of analog IC in production of multimedia devices, global consumer electronics industry is projected to account for more than one-third of global market revenues over the forecast period.
Key findings from the report indicate that automotive applications of analog IC are expected to gain traction. Throughout the projection tenure, automotive applications are estimated to account for substantial global revenues.
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Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Arabia, South Africa etc.)
Key Stakeholders
Analog IC Market Manufacturers
Analog IC Market Distributors/Traders/Wholesalers
Analog IC Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Analog IC Market – Report Highlights
- A detailed overview of parent market of Analog IC Market
- Changing Analog IC Market dynamics in the industry
- In-depth segmentation of the Analog IC Market
- Historical, current, and projected Analog IC Market size regarding volume and value
- Recent industry trends and developments in Analog IC Market
- Competitive landscape of the Analog IC Market
- Strategies for key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on Analog IC Market performance
- Must-have information for Analog IC Market players to sustain and enhance their market footprint
Key Questions Answered in This Report.
- What will the Market growth rate in Future?
- What are the key factors driving the global Market?
- Who are the key manufacturers in Market space?
- What are the opportunities and threats faced by the vendors in the global industry?
- What are sales, revenue, and price analysis by regions of industry?
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