High-performance operational amplifiers market are constantly in demand in today’s expanding market for electronic devices. The main requirements for new operational amplifiers, such as higher bandwidth, lower power, and higher accuracy, contribute to this demand. Additionally, the operational amplifier market is experiencing significant growth due to the rising demand for battery-powered products.
Furthermore, the operational amplifier market is poised to experience growth, driven by the increasing global demand for sensors and transducers. The quantitative increase in demand for operational amplifiers stems from the heightened use of electronic devices in various industry verticals worldwide. Moreover, the adoption of automation is set to further drive the demand for operational amplifiers across the globe.
An operational amplifier, which functions as a voltage amplifier, serves as a voltage magnification tool designed for use alongside external electronic components, like capacitors and resistors, placed between its output and input terminals.
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Key players in the global operational amplifier market include:
- Texas Instruments
- STMicroelectronics
- ON Semiconductor
- API Technologies Corp
- Analog Devices
- Fairchild Semiconductor
- NXP Semiconductors
- KEC (Korea Electronics)
- Cirrus Logic
- Maxim Integrated
- And more.
Moreover, an operational amplifier is known as an instrumentation amplifier. Its greatest use is in instrumentation as a PID/PI controller, and an operational amplifier is the basic component in all the instruments due to its versatile applications.
Operational Amplifier Market: Drivers, Challenges, and Trends
Drivers
The operational amplifier market is driven by rising demand for sensors, transducers, connected devices, and battery-powered products, alongside automation growth. Increasing electronics and semiconductor industry demand also fuels global market growth.
Challenges
Customers’ demand for lower current consumption can create quite a challenge for the 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 the operational market.
Trends
In the global operational amplifier market, mergers & acquisitions and new product developments are the key trends which are gaining momentum. In parallel, in order to offer high performance operational amplifiers, top vendors are investing in new technological advancements in operational amplifiers.
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Competition Landscape
Key Contracts
- In August 2016, Maxim Integrated, an American publicly traded company that designs, manufactures, and sells analog and mixed-signal integrated circuits, subsequently acquired Intersil, an American semiconductor manufacturer.
- Meanwhile, in January 2014, Texas Instruments, a global semiconductor design and manufacturing company, pioneered the industry’s first 36-V rail-to-rail input and output (RRIO) operational amplifier (op amp) to achieve precision offset voltage and drift all the while avoiding the use of auto-zero techniques.
Regional Overview
Asia Pacific is holding the largest market share in the operational amplifier market, due to technological advancements in the semiconductor industry and the increasing need and demand for SoC. Due to the development of chips with high circuit density, North America is expected to hold maximum share in the global operational amplifier market in the near future.
Europe is the fastest growing market for operational amplifiers, due to an increase in the adoption of advanced operational amplifiers in the semiconductor and electronics industry. Sturdy economic progress is driving the growth of the operational amplifier market in the MEA region. The demand for operational amplifier has risen dramatically over the past two years, globally.
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Operational Amplifier Market: Segmentation
Segmentation of the market on the basis of product type:
- Firstly: Generic
- Secondly: Current Class
- Additionally: Voltage Class
- Moreover: Others
Segmentation of the market on the basis of application:
- In addition: Active Filters
- Furthermore: Oscillators
- Similarly: Voltage Comparators
- Lastly: Others
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