The global amplifier and comparator sales are set to reach US$ 4.8 billion in 2023. Over the forecast period, global amplifier and comparator sales are predicted to rise at 4.6% CAGR, totaling a revenue of US$ 7.5 billion by 2033.
Several factors are expected to stimulate growth in the amplifier and comparator industry. These include rising penetration of automation and robotics, telecommunication infrastructure expansion, and electric vehicle popularity.
Amplifiers and comparators are electronic devices used to modify signals. Amplifiers amplify the amplitude or power of signals, while comparators compare two signals and produce an output signal that shows which one is larger.
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Amplifiers and comparators have become indispensable components of modern electronic devices and systems. Amplifiers are widely used in industrial control systems, telecommunications, and audio equipment applications.
Comparators mostly find applications in voltage regulators, threshold detectors, and audio equipment. They convert analog voltage into digital one and regulate voltage signals.
As industries continue to focus on improving their productivity and efficiency, they are embracing advanced technologies like automation and robotics. This is expected to uplift demand for amplifiers as they are widely used to control actuators, motors, and other devices in automation systems.
Amplifiers and comparators are essential components in industrial systems as they improve performance, efficiency, and safety of these systems. High usage of these components in industrial systems, especially automated ones, is set to boost the growth.
Amplifiers are widely used in industrial robots to control their movements and in industrial processes to measure and control parameters like temperature, flow, and pressure. They are also used in machine vision systems to amplify the signal from the camera.
The ability of amplifiers to control high-power devices such as electric motors and generators is expected to fuel their adoption in industrial power electronics applications.
Comparators are increasingly used for applications like overvoltage and undervoltage protection, analog-to-digital conversion, level detection, etc. They can protect industrial systems against power fluctuations by continuously monitoring voltages.
Comparators are also used to detect the level of gasses, liquids, and other materials in silos and tanks. High adoption of these components in the industrial sector will boost revenue in the target through 2033.
Growing demand for ADAS systems is anticipated to boost sales of amplifiers and comparators. This is because these components are used in ADAS systems to amplify and compare signals from sensors to generate accurate and timely warnings for drivers.
Another prominent factor expected to fuel demand for amplifiers and comparators is the rising demand for consumer electronics like tablets and smartphones. These consumer electronic devices rely heavily on amplifiers and comparators to improve their performance and power efficiency.
Key manufacturers focus on developing compact and tunable mid-infrared lasers for breakthrough applications in end-use industries. This will further boost the target during the assessment period.
Key Takeaways from the Amplifier and Comparator Market Report:
- The global amplifier and comparator industry is forecast to reach US$ 7.5 billion by 2033.
- By end use, industrial segment is projected to thrive at 4% CAGR through 2033.
- The United States industry size is expected to reach US$ 1.3 billion by 2033.
- Sales revenue in China is poised to total US$ 1.3 billion by 2033.
- South Korea is anticipated to attain a valuation of US$ 348.0 million by 2033.
- Demand in the United Kingdom is forecast to rise at 0% CAGR through 2033.
- Japan is poised to progress at 5% CAGR through 2033.
“With industries embracing novel technologies like automation and robotics, demand for amplifier and comparator is expected to rise significantly through 2033. Key players are likely to focus on product miniaturization and digitalization to meet evolving trends,” – opines Sudip Saha, managing director and MD at Future Market Insights (FMI) analyst.
Who is Winning?
Analog Devices, Inc, Broadcom Ltd, Intersil, a Renesas Company, Linear Technology Corporation, and Maxim Integrated Products, Inc. are the top manufacturers of amplifiers and comparator listed in the report.
These players are continuously launching new products with compact design and higher efficiency. They also adopt strategies like partnerships, mergers, collaborations, acquisitions, and agreements to expand their footprint.
Recent developments in the Amplifier and Comparator Market:
- In August 2021, to strengthen its position as a leading high-performance analog semiconductor company, Analog Devices, Inc. acquired Maxim Integrated Products.
- In August 2020, Renesas Electronics Corporation launched new F1490 amplifier to strengthen its RF amplifiers portfolio.
Competitive Landscape – Regional Trends:
In the competitive landscape, regional trends will play a pivotal role in the amplifier and comparator market. Diverse regions across the globe are expected to demonstrate varying growth rates, driven by their unique industrial demands and technological advancements. Understanding regional dynamics will be crucial for industry stakeholders as the market expands.
Restraints:
Despite its promising growth, the amplifier and comparator market has challenges. These challenges include regulatory hurdles, supply chain disruptions, and market saturation. Recognizing and addressing these restraints will be essential for sustained growth.
Segmentation in Amplifier and Comparator Research Report
By Type:
- Operational Amplifier
- Instrumentation Amplifier
- Isolation Amplifier
- Comparator
By End-use:
- Industrial
- Communications
- Computing Devices
- Consumer Electronics
- Other End Uses
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- East Asia
- South Asia and Pacific
- Middle East and Africa
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About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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