Global Digital Isolator Market 2017-2021
About Digital Isolators
Isolation refers to avoiding direct current (DC) and unwanted alternative current (AC) between two parts of an electrical system, during signal and power transfer. Isolation in an electrical outfit is used to protect the user from transient voltages, avoid damage to expensive processors, break the ground loop in communication networks, and improve noise immunity. Isolation is also required to measure systems, which involve industrial environments with the possibility of transient voltages, noisy electrical environment, transient-sensitive applications, and environments with fluctuating ground potential. Applications of isolators are found in industrial automation systems, motor drives, solar inverters, healthcare equipment, hybrid electric vehicles (HEV), and power supplies. Digital isolators are devices that induce signal isolation in equipment, which need protection from transient voltages and ground loop voltages, and resistance from industrial noise.
Technavio’s analysts forecast the global digital isolators market to grow at a CAGR of 7.33% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global digital isolators market for 2017-2021. To calculate the market size, the report considers the new installations, sales value and retrofit, and replacement services market..
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Digital Isolators Market 2017-2021
Technavio recognizes the following companies as the key players in the global digital isolators market: Analog Devices, Broadcom, Maxim Integrated, Silicon Laboratories, and Texas Instruments.
Other Prominent Vendors in the market are: Infineon Technologies, ROHM Semiconductor, Vicor, NXP Semiconductors, Murata Manufacturing, and NVE.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Increasing use of digital isolators in higher altitudes. Digital isolators working in higher altitudes, polluted, or high-moisture environments require advanced packaging technology. Isolators in heavy pollution environment can degrade and create a conductive path. To prevent this damage, higher quality packaging mold compounds are required. Even wider package with increased creepage reduces such damage. At higher altitudes, the air pressure is lower that can cause a surge or temporary overvoltage, resulting in arching of isolator pins. The increased clearance between pins is required to prevent arching.”
According to the report, one of the major drivers for this market is Rising need for industrial automation. Increasing inter-industry competition and the trend of adapting to customers’ requirements have resulted in the need to improve production and manufacturing facilities. These needs have paved the way for improving industrial automation. Rising education levels are decreasing the percentage of the working-age population who are willing to work for manufacturing sectors. In such cases, the industries have started to focus on automating processes, which are efficient as well as effective. Industrial automation reduces reliance on labor; cuts down on employee wages; and boosts flexibility, speed and productivity.
Further, the report states that one of the major factors hindering the growth of this market is Rising competition from unorganized players. The emergence of unorganized players in Asia, who manufacture low-cost digital isolators, will affect the revenue of established players. The local players disrupt the pricing of products and this induces organized players to reduce the price of their products.
Analog Devices, Broadcom, Maxim Integrated, Silicon Laboratories, Texas Instruments, Infineon Technologies, ROHM Semiconductor, Vicor, NXP Semiconductors, Murata Manufacturing, and NVE.
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