Analog IC Market, by Product Type (Application Specific IC and General Purpose IC), by Application (Communication, Consumer Electronics, Automotive, Industrial, Medical & Healthcare, and Others), and by Geography (North America, Europe, Asia Pacific, and Latin America, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027
Analog electronic circuit includes an analog signal with constantly changing signal, which contradicting to digital electronics where signals usually signals take only two levels. Most of the fundamental electronic components such as inductors, resistors, capacitors, diodes, transistors, and operational amplifiers are characteristically analog. Analog ICs are increasingly used in various applications due to smaller size, higher speeds, and lower power consumption. Penetration of semiconductor devices in automotive systems, owing to increased use of electronics in fuel efficiency, safety, emission reduction, navigation, and entertainment systems is boosting the demand for analog ICs.
Increasing demand for advanced medical equipment in the healthcare industry has accelerated the demand for analog IC significantly. Medical equipment, especially implantable medical devices, are designed to offer therapy for pain management and psychological disorders have pre-installed analog ICs. Moreover, growing urbanization, global population, and technological advancements analog ICs are enhancing functionality of these healthcare equipment. Hence, these factors are expected to drive the global analog IC market growth over the forecast period.
However, increasing political interference, resulting in lack of investment which is expected to hamper the growth of the global analog IC market.
This report segments the global analog IC market on the basis of product type and application. On the basis of product type, the global analog IC market is segmented into application specific IC and general purpose IC. On the basis of application, the market is segmented into communication, consumer electronics, automotive, industrial, medical & healthcare, and others.
Key features of the study:
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