Optocouplers Market Size, Share, Growth Analysis, By Type(Phototransistor-based Optocoupler, Optocoupler Based on the Photo Darlington Transistor, Optocoupler Based on Photo TRIAC, Optocoupler with Photo SCR), By End-user(Automotive, Consumer Electronics, Communication, and Industrial), By Region - Industry Forecast 2024-2031

Report ID: SQMIG45K2082 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 65 | Figures: 75

Optocouplers Market News

In April 2023, Osram Opto Semiconductors announced the release of their latest series of optocouplers called the SafeFET Optocouplers. These optocouplers are the perfect choice when used for applications where safety is vital, such as industrial automation and healthcare equipment. This series features a unique design that makes it more resistant toward short circuits or overvoltages.

In February 2023, Infineon Technologies released a new line of optocouplers called the XENSIV SMART Relays. The XENSIV SMART relays line can be used to execute multiple applications in various sectors, such as industrial automation, medical equipment, and automotive electronics, owing this efficiency and versatility to their high isolation and lower rate of power consumption. Other advantages that this optocouplers line possesses include adjustable switching threshold, faster response time, and higher reliability rate.
In November 2022, Within the ever growing optocouplers industry, Vishay Intertechnology Inc. (VSH) has made significant strides toward diversifying its distinct product portfolio. The business launched the VOA300 linear optocoupler, which stands out as a result of its robust features and excellent isolation voltage of 5300 Vrms, which is quite a feat and among the greatest in the industry. Other additional advantages of the VOA300 include high isolation voltage, excellent linearity, and wide operating temperature range.

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Global Optocouplers Market size was valued at USD 2.31 billion in 2022 and is poised to grow from USD 2.59 billion in 2023 to USD 5.28 billion by 2031, growing at a CAGR of 8.50% in the forecast period (2024-2031).

Numerous businesses compete for a share of the global optocouplers market, and strive for creativity in the optocouplers industry due to the fierce competition. Competitors in the market are constantly working to improve product performance and fulfill the changing needs of automotive, telecommunications, and consumer electronics sectors. ' Broadcom Inc. (US) ', ' Toshiba Electronic Devices & Storage Corporation (Japan) ', ' Vishay Intertechnology Inc. (US) ', ' Senba Sensing Technology Co. Ltd (China) ', ' Shenzhen Kento Electronic Co. Ltd (China) ', ' Renesas Electronics Corporation (Japan) ', ' Everlight Electronics (Taiwan) ', ' Toshiba Corp. (Japan) ', ' Panasonic Corporation (Japan) ', ' Isocom Components (UK) ', ' Lite-On Technology Corporation (Taiwan) ', ' IXYS Integrated Circuits Division (US) ', ' Avago Technologies (US) ', ' NEC Corporation (Japan) ', ' Fairchild Semiconductor (US) ', ' Lite-On Semiconductor Corp. (Taiwan) ', ' Sharp Corporation (Japan) ', ' Vishay Semiconductors (US) ', ' Infineon Technologies AG (Germany) ', ' ROHM Semiconductor (Japan) '

Optocouplers are essential in maintaining secure and dependable communication between control systems and machines as enterprises aim for increased machine productivity and decreased human intervention. These parts allow for the uninterrupted transmission of signals and data while successfully reducing the hazards brought on by electrical interference and noise. The market for optocouplers is expanding as a result of the growing use of optocouplers in automated processes in the manufacturing, energy, and logistics industries. This demand is fueled by the need for improved electrical isolation and signal integrity.

Rising Demand for High-Speed Optocouplers: There has been a high demand for optocouplers, which is managed by the high need for handling data in an efficient manner. This can also result in an increase in the speed of transmissions, electric vehicles and telecommunications. Optocouplers provide smooth execution ensuring reliable signal isolation in a digital environment where everything is moving at a higher space. It also takes care of the escalations when it comes to the integrity of the data and high performance too. Optocouplers makes it certain for smooth data transfer taking care of technology innovations everyday. SkyQuest Analysis

The global market for optocouplers is mainly dominated by the Asia-Pacific region. The powerful electronics manufacturing sector in the area, particularly in nations like China, Taiwan, South Korea, and Japan, is mostly accountable for this supremacy. In this region, there are many electronics OEMs and optocouplers are increasingly being used for a variety of applications, helping it maintain its top position.

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