In today’s growing market for electronic devices, higher performance operational amplifiers are in constant demand. Higher bandwidth, lower power, and greater accuracy are a few of the major parameters that are needed for new operational amplifiers. Operational Amplifier market is one of the significantly increasing market because of rise in demand of battery-powered products.
In addition, the Global demand of sensors and transducers will fuel the growth of the Operational Amplifier market. Increase in use of electronics devices in various industry verticals across the globe is resulting in the quantitative increase in demand of Operational Amplifier. In addition adaptation of automation will drive the demand of Operational Amplifier across the globe.
An operational amplifier is an integrated circuit that operates as a voltage amplifier. Moreover an operational amplifier is known as an instrumentation amplifier. Its greatest use is in Instrumentation as a PID/PI controller and operational amplifier is the basic component in all the instruments due to its versatile applications.
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The major growth drivers of the Operational Amplifier market include increasing demand of sensors and transducers, increasing demand of connected devices and increasing adaptation of battery-powered products. In addition, Growth of automation will drive the growth of Operational Amplifier market. Increasing demand from electronics and semiconductor industry have led to growth of the Operational Amplifier across the globe.
Customers’ demand for lower current consumption can create quite a challenge for Operational Amplifier market. worldwide financial uncertainty and macroeconomic situations such as currency exchange rates and economic difficulties are some of the major factors which are hindering the growth of Operational Amplifier Market.
Operational Amplifier market: Segmentation
Segmentation on the basis of Application:
- Active Filter
- Oscillator
- Voltage Comparator
- Other
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Key Contracts in Operational Amplifier market are as:
- In August 2016, Maxim Integrated, an American, publicly traded company that designs, manufactures, and sells analog and mixed-signal integrated circuits, has acquired Intersil, an American semiconductor manufacturers.
- In Jan 2014, Texas Instruments, a global semiconductor design and manufacturing company, introduced the industry’s first 36-V rail-to-rail input and output (RRIO) operational amplifier (op amp) to achieve precision offset voltage and drift without using auto-zero techniques.
Some of the major players in Global Operational Amplifier Market are Texas Instruments, STMicroelectronics, ON Semiconductor, API Technologies Corp, Analog Devices, Fairchild Semiconductor, NXP Semiconductors, KEC (Korea Electronics), Cirrus Logic and Maxim Integrated
North America is holding the largest market share for Operational Amplifier market due to increasing demand of connected devices and increasing adaptation of battery-powered products. Due to development and increasing demand of battery-powered products, Asia Pacific will hold maximum market share for Operational Amplifier in near future. Europe is fastest growing market for Operational Amplifier due to increase in adaptation of sensors and transducers in various industry verticals.
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Sturdy economic progress, driving the growth of Operational Amplifier market in MEA region. The Demand for Operational Amplifier market has risen dramatically over the past 18 months globally.
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