USD 368.50 billion
Analog Integrated Circuit Market Size, Share, Growth Analysis, By Type(Application-specific IC, and General-purpose IC), By Application(Communication, Consumer electronics, Automotive, and Others), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG45N2074 |
Region:
Global |
Published Date: April, 2024
Pages:
197
|Tables:
63
|Figures:
75
Analog Integrated Circuit Market Insights
Global Analog Integrated Circuit Market size was valued at around USD 368.50 billion in 2022 and is expected to rise from USD 396.87 billion in 2023 to reach a value of USD 718.42 Billion by 2031, at a CAGR of 7.7% over the forecast period (2024–2031).
One of the main factors driving the growth of the global analogue integrated circuit (IC) market is the demand for power control in practically all electronic goods. Demand for Analogue integrated circuits in the communications industry will increase as smartphones, tablets, and other mobile devices become more and more popular. During the anticipated period, demand for Analogue ICs will increase as a result of factors including a quicker pace of new product development, decreasing IC cost per function and increased functionality, and a shorter product replacement cycle.
The growing use of IoT across multiple industries, analogue IC design is crucial. For the Internet of Things (IoT) to create an ecosystem of automated devices that can run with little power consumption, analogue integrated circuits are required. However, layout verification is a time-consuming, difficult, and error-prone activity done out by analogue designers to check circuits. The increasing design complexity of analogue ICs is one of the main obstacles to the market's growth.
Additionally, the lack of innovation and lesser efficiency compared to discrete circuits are predicted to hinder the growth of the worldwide analogue integrated circuit (IC) market. Consequently, the global market for analogue ICs will have a positive outlook during the anticipated period due to the development of new technologies and the rising demand for efficient devices. Additionally, the growing use of analogue ICs in a variety of applications, including healthcare monitoring, LED lighting, collision prevention, and utility in automotive applications, is boosting market growth.
US Analog Integrated Circuit Market is poised to grow at a sustainable CAGR for the next forecast year.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
Automotive
Fastest Growth
Automotive
Growth Rate
7.7% CAGR
Global Analog Integrated Circuit Market ($ Bn)
Country Share for Asia Pacific Region (%)
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Analog Integrated Circuit Market Segmental Analysis
The global analog integrated circuit market is segmented based on type, application, and region. In terms of type, the market is segmented into application-specific IC, and general-purpose IC. Based on application, the market is categorized into communication, consumer electronics, automotive, and others. Based on region, the global analog integrated circuit market is segmented into North America, Europe, Asia-Pacific, South America, and MEA.
Global Analog Integrated Circuit Market Analysis by Type
General-purpose components and analogue integrated circuits (ICs) tailored to particular applications are two types of such devices. Numerous industrial areas, such as automotive, technology for computers, communications, electronics for consumers, and medical equipment, use these analogue integrated circuits (ICs).Display drivers, radiofrequency trans-receivers, touch sensors, timing controllers, LED drivers, and component units for serializing and de-serializing are examples of application-specific integrated circuits that are focused on certain applications.
These analogue ICs are used in a variety of industrial verticals, including as automotive, information technology, telecommunications, consumer electronics, and medical equipment. Due to efficient power management and sensor network characteristics, the automotive and industrial end-use sectors are expected to have significant development in demand.
Global Analog Integrated Circuit Market Analysis by Application
The application segment is grouped into four categories namely, communication, consumer electronics, automotive, and others. During the anticipated period, the automotive segment had the greatest market growth rate. due to the increasing demand for sensor networks with efficient power management. As the market for autonomous vehicles expands, so does the demand for new chip designs.
Global Analog Integrated Circuit Market By Application
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Analog Integrated Circuit Market Regional Insights
Asia Pacific is anticipated to dominate the global analog integrated circuit market due to the number of manufacturers of electronic components in the area and an increase in tech-savvy consumers. Smaller sector sizes, a diversity of features, and power-yielding abilities are predicted to be key industry growth drivers.
In North America, technological developments like the Internet of Things (IoT) have made it easier to introduce smarter gadgets. All existing automobiles, as well as the market's foreseeable future, are expected to be driven by these devices. The global analogue integrated circuit market is expanding quickly as a result of the policies of the governments in these regions encouraging the construction of many more electric manufacturing facilities, and developing countries like India are continuing to follow this trend.
Global Analog Integrated Circuit Market By Region
- Largest
- Fastest
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Analog Integrated Circuit Market Dynamics
Global Analog Integrated Circuit Market Drivers
Growing Demand for Analog ICs in Consumer Electronics
- With the growing adoption of smartphones, tablets, and other consumer electronics, there is a corresponding increase in the demand for analog ICs. These devices are essential for a range of functions, such as power management, signal amplification, and voltage regulation.
Growing Adoption of IoT
- The Internet of Things (IoT) is driving demand for analog ICs in various applications such as smart homes, wearables, and connected cars. Analog ICs are essential for sensing and processing data in these devices.
Global Analog Integrated Circuit Market Restraints
Design Complexity
- Analog ICs are complex devices, and designing them requires significant expertise and resources. This can result in high design costs and longer development times.
High Manufacturing Costs
- Analog ICs require specialized manufacturing processes, which can be expensive. This can result in high manufacturing costs, which can limit their adoption in price-sensitive markets.
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Analog Integrated Circuit Market Competitive Landscape
The analog integrated circuit market is highly competitive and fragmented in nature, with a large number of players operating in the market. Some of the key strategies adopted by the players in the market include mergers and acquisitions, partnerships, collaborations, and product launches. The major players in the analog integrated circuit market are focused on developing new products and technologies to meet the evolving needs of their customers. They are also investing in R&D activities to enhance their product offerings and gain a competitive edge in the market.
Top Player’s Company Profiles in Global Analog Integrated Circuit Market
- Analog Devices Inc.
- Texas Instruments Inc.
- Infineon Technologies AG
- STMicroelectronics
- ON Semiconductor
- Maxim Integrated
- NXP Semiconductors
- Renesas Electronics Corporation
- Microchip Technology Inc.
- Cirrus Logic Inc.
- ROHM Semiconductor
- Intersil Corporation
- Silicon Laboratories Inc.
- Skyworks Solutions Inc.
- Vishay Intertechnology Inc.
- Diodes Incorporated
- Semtech Corporation
- Linear Technology Corporation
- Toshiba Corporation
- National Instruments Corporation
Global Analog Integrated Circuit Market Recent Developments
- In March 2024, Wealthsource Partners LLC boosted its position in shares of Analog Devices, Inc. by 3.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,414 shares of the semiconductor company’s stock after acquiring an additional 70 shares during the period. Wealthsource Partners LLC’s holdings in Analog Devices were worth $479,000 at the end of the most recent quarter.
- In January 2024, HMI announced the launch of its HL8743, an AEC-Q100 Grade 1 qualified automotive single and dual-channel high PSRR LDO with current sensing.
- In January 2024, the Anokiwave team joined Qorvo’s High Performance Analog (HPA) segment and will continue to develop beamformers and IF-RF solutions for defense phased array and AESA (Active Electronically Scanned Array) radar, electronic warfare, SATCOM and 5G applications.
Analog Integrated Circuit Key Market Trends
- Increasing demand for high-performance and energy-efficient analog ICs: The growing demand for energy-efficient devices and systems is driving the need for high-performance analog ICs that consume less power. This trend is particularly evident in applications such as automotive, industrial, and consumer electronics.
- Growing adoption of IoT devices: The increasing adoption of IoT devices is driving demand for analog ICs that enable wireless connectivity, sensing, and power management. This trend is expected to continue in the coming years as more devices are connected to the internet.
- Emergence of new applications for analog ICs: The increasing demand for advanced technologies such as artificial intelligence (AI), machine learning (ML), and virtual and augmented reality (VR/AR) is driving the need for analog ICs that can support these applications. This trend is leading to the development of new and innovative analog ICs for various applications.
- Increasing demand for automotive analog ICs: The growing adoption of advanced driver assistance systems (ADAS) and electric vehicles (EVs) is driving the demand for analog ICs in the automotive industry. These ICs are used in a variety of applications such as power management, sensing, and motor control.
- Focus on miniaturization and integration: The trend towards miniaturization and integration is driving the development of smaller and more efficient analog ICs. Manufacturers are focusing on developing ICs that can integrate multiple functions into a single chip, reducing the overall size and cost of the system.
Analog Integrated Circuit Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyzes the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to our analysis, we found that the Analog Integrated Circuit market is A few of the main factors driving the growth of the Analogue Integrated Circuit (IC) Market is the demand for power control in practically all electronic goods. Demand for Analogue integrated circuits in the communications industry will increase as smartphones, tablets, and other mobile devices become more and more popular. During the anticipated period, demand for Analogue ICs will increase as a result of factors including a quicker pace of new product development, decreasing IC cost per function and increased functionality, and a shorter product replacement cycle. Analog ICs are complex devices, and designing them requires significant expertise and resources. The Internet of Things (IoT) is driving demand for analog ICs in various applications such as smart homes, wearables, and connected cars. Analog ICs are essential for sensing and processing data in these devices. This can result in high design costs and longer development times. The growing adoption of advanced driver assistance systems (ADAS) and electric vehicles (EVs) is driving the demand for analog ICs in the automotive industry. These ICs are used in a variety of applications such as power management, sensing, and motor control.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 368.50 billion |
| Market size value in 2031 | USD 718.42 Billion |
| Growth Rate | 7.7% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Analog Integrated Circuit Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Analog Integrated Circuit Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Analog Integrated Circuit Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Analog Integrated Circuit Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Analog Integrated Circuit Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Analog Integrated Circuit Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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