Middle East & Africa Analog to Digital Converter Market Forecast to 2030
Middle East & Africa Analog to Digital Converter Market Forecast to 2030 – Regional Analysis – by Type (Integrating Analog to Digital Converters, Delta-Sigma Analog to Digital Converters, Successive Approximation Analog to Digital Converters, Ramp Analog to Digital Converters, and Others), Resolution (8-Bit, 10-Bit, 12-Bit, 14-Bit, 16-Bit, and Others), and Application (Industrial, Consumer Electronics, Automotive, Healthcare, Telecommunication, and Others)
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Description
Growth of 5G in Developing Economies Bolsters Middle East & Africa Analog to Digital Converter Market
Numerous countries have actively pursued the healthy evolution of 5G technology with global announcements and recognition of potential benefits of the technology. Major global players have also engaged in extensive research, development, and innovation to advance the capabilities of 5G on a global scale. 5G is widely acknowledged as a transformative technological advancement that can seamlessly connect consumers’ physical, virtual, and social worlds. This digital transformation presents significant business opportunities across various industry verticals while also necessitating changes to existing business models and environments.
Governments of developing economies worldwide have recognized the immense potential of 5G and its impact on their respective countries’ GDP. They anticipate substantial job creation and positive economic growth through the digitalization of businesses. Governments of the Middle East & African countries, particularly the Saudi Arabian government, are strategically prioritizing the development of 5G technology. This focus aligns with their plans to build robust economies, as outlined in the VISION 2030 initiative. The global pursuit of 5G technology presents significant business opportunities for various countries and industries. Governments across the globe are actively investing in partnerships, research, and development to harness the potential of 5G and drive economic growth, job creation, and digital transformation within their respective nations.
Middle East & Africa Analog to Digital Converter Market Overview
The Middle East & Africa analog to digital converter market is segmented into South Africa, Saudi Arabia, and the UAE. The region comprises several oil & gas refineries, which account for a significant portion of the region’s GDP. The region is expected to witness a rapid increase in commercialization and industrialization, which would further boost varied industrial sectors.
Governments of the Middle East & Africa are making constant investments in the semiconductor industry, which further fuels the semiconductor laser products such as the laser diode market. Under the Economic Vision 2030 plan, the UAE invests in the semiconductor industry to become a tech leader. In addition, players in the industry are expanding their businesses, contributing to the semiconductor industry’s growth. In May 2022, a joint venture between Abu Dhabi-based Next Orbit Ventures and Israel’s Tower Semiconductor announced an investment of US$ 3 billion in the development of a chip-making plant in India. This expansion of plants will contribute to the company’s revenue and propel the overall semiconductor industry of the region. In February 2023, Oman hosted the World Semiconductor and Chip Summit in the country where Oman, Saudi Arabia, and the UAE committed to increasing their investments in chip manufacturing. Thus, strategic initiatives by countries in the MEA will propel the semiconductor industry, further fueling the demand for semiconductor products such as ADC-used to convert an analog signal into a digital code.
A few prominent industries across the region are consumer electronics, semiconductors, automotive, and telecommunications. The growing automotive industry in the Middle East & Africa propels the demand for ADC for sensor applications. According to the Managing Director of Nissan Middle East, in March 2022, Nissan Middle East reported a 9.9% sales increase across the Gulf in the first three quarters of 2021 compared to 2020. Thus, rising sales of automotive vehicles fuel the demand for ADC. With the introduction of automobiles integrated with advanced systems, demand for ADC in LiDAR, telematics systems, and others would also grow. The positive outlook of the automotive industry in the region is expected to provide huge growth opportunities to the manufacturers of ADC.
5G is further anticipated to become a reality in the Middle East & Africa post the successful completion of the first implementable release named Release 15 5G New Radio (NR) specifications. The UAE, Saudi Arabia, Kuwait, and Qatar are leading the technological investments and commercial deployments of 5G networks in the MEA through various strategic partnerships formed between the telecommunication service providers and the network infrastructure providers. For instance, Etisalat projects to make significant investments for the introduction of 5G network base stations in the UAE. The company, in 2019, rolled out a broadcasted 5G network across more than 1,000 new base stations across the UAE. The rising focus of telecom operators toward the commercialization of 5G plays a greater role in accelerating the business of ADC products as high-speed data converters.
Middle East & Africa Analog to Digital Converter Market Revenue and Forecast to 2030 (US$ Million)
Middle East & Africa Analog to Digital Converter Market Segmentation
The Middle East & Africa analog to digital converter market is categorized into type, resolution, application, and country.
Based on type, the Middle East & Africa analog to digital converter market is segmented into integrating ADC, delta- sigma ADC, ramp ADC, successive approximation ADC, and others. The successive approximation ADC segment held the largest market share in 2022.
In terms of resolution, the Middle East & Africa analog to digital converter market is categorized into 8-bit, 10-bit, 12-bit, 14-bit, 16-bit, and others. The 12-bit segment held the largest market share in 2022.
By application, the Middle East & Africa analog to digital converter market is segmented into industrial, consumer electronics, automotive, healthcare, telecommunication, and others. The industrial segment held a larger market share in 2022.
By country, the Middle East & Africa analog to digital converter market is segmented into Saudi Arabia, the UAE, South Africa, and the Rest of Middle East & Africa. Saudi Arabia dominated the Middle East & Africa analog to digital converter market share in 2022.
Analog Devices Inc, Asahi Kasei Corp, Renesas Electronics Corp, STMicroelectronics NV, Teledyne Technologies Inc, and Texas Instruments Inc are among the leading companies operating in the Middle East & Africa analog to digital converter market.
Summary Info
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According to the Research Team’ research, the Middle East & Africa analog to digital converter market was valued at US$ 123.24 million in 2022 and is expected to reach US$ 200.72 million by 2030, registering a CAGR of 6.3% from 2022 to 2030. Rising developments in automotive industry and growth of 5G in developing economies are among the critical factors attributed to drive the Middle East & Africa hearing market growth.
The global automotive industry is experiencing a strong demand for smart devices in vehicles, leading automakers to prioritize innovation and development of autonomous cars. The advanced vehicles have garnered significant interest from consumers in major automotive manufacturing countries. Autonomous cars rely heavily on advanced technologies for their functionality, which can propel the demand for analog to digital converters.
Technological advancements, consumer acceptance of self-driving vehicles, competitive pricing, and the ability of suppliers and original equipment manufacturers (OEMs) to address safety concerns boost the adoption of fully autonomous cars. In response to these factors, the automotive and semiconductor industries are focused on enhancing technologies, optimizing raw material costs, and integrating robust technologies into vehicles. This drive for improvement ensures the future performance and success of driverless cars. The integration of advanced analog to digital converter technology in autonomous cars will play a crucial role in enabling accurate data acquisition and processing, facilitating the smooth functioning of various vehicle systems. As the automotive industry continues to advance toward smart and fully autonomous vehicles, the Middle East & Africa analog to digital converter market is expected to witness lucrative opportunities in the coming years.
On the contrary, the complex design of ADC hampers the growth of Middle East & Africa analog to digital converter market.
Based on type, the Middle East & Africa analog to digital converter market is segmented into integrating ADC, delta- sigma ADC, ramp ADC, successive approximation ADC, and others. The successive approximation ADC segment held 38.4% market share in 2022, amassing US$ 47.32 million. It is projected to garner US$ 82.04 million by 2030 to register 7.1% CAGR during 2022-2030.
In terms of resolution, the Middle East & Africa analog to digital converter market is categorized into 8-bit, 10-bit, 12-bit, 14-bit, 16-bit, and others. The 12-bit segment held 30.0% share of Middle East & Africa analog to digital converter market in 2022, amassing US$ 36.96 million. It is anticipated to garner US$ 53.82 million by 2030 to expand at 4.8% CAGR during 2022-2030.
By application, the Middle East & Africa analog to digital converter market is segmented into industrial, consumer electronics, automotive, healthcare, telecommunication, and others. The industrial segment held 31.5% share of Middle East & Africa analog to digital converter market in 2022, amassing US$ 38.78 million. It is projected to garner US$ 64.98 million by 2030 to expand at 6.7% CAGR from 2022 to 2030.
By country, the Middle East & Africa analog to digital converter market is segmented into Saudi Arabia, the UAE, South Africa, and the Rest of Middle East & Africa. Our regional analysis states that Saudi Arabia captured 33.4% share of Middle East & Africa analog to digital converter market in 2022. It was assessed at US$ 41.19 million in 2022 and is likely to hit US$ 71.05 million by 2030, registering a CAGR of 7.1% during 2022-2030.
Key players operating in the Middle East & Africa analog to digital converter market are Analog Devices Inc, Asahi Kasei Corp, Renesas Electronics Corp, STMicroelectronics NV, Teledyne Technologies Inc, and Texas Instruments Inc, among others.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in the Middle East & Africa analog to digital converter market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the Middle East & Africa analog to digital converter market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.
TABLE OF CONTENTS
1. Introduction
1.1 the Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Middle East & Africa Analog to Digital Converter Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 List of Vendors in the Value Chain:
5. Middle East & Africa Analog to Digital Converter Market – Key Industry Dynamics
5.1 Drivers
5.1.1 Increasing Demand for Advanced Data Acquisition Systems
5.1.2 Rising Demand for High-Resolution Images in Scientific and Medical Applications
5.1.3 Rising Demand for Test & Measurement (T&M) Solutions by End Users
5.2 Restraint
5.2.1 Complex Design of ADC
5.3 Opportunities
5.3.1 Rising Developments in Automotive Industry
5.3.2 Adoption of Digitization of Work Processes by Government in Emerging Economies
5.4 Future Trend
5.4.1 Growth of 5G in Developing Economies
5.5 Impact of Drivers and Restraints:
6. Analog to Digital Converter Market – Middle East & Africa Market Analysis
6.1 Middle East & Africa Analog to Digital Converter Market Overview
6.2 Middle East & Africa Analog to Digital Converter Market Revenue (US$ Million), 2022 – 2030
6.3 Middle East & Africa Analog to Digital Converter Market Forecast and Analysis
7. Middle East & Africa Analog to Digital Converter Market Analysis – Type
7.1 Integrating ADC
7.1.1 Overview
7.1.2 Integrating ADC Market Revenue and Forecasts to 2030 (US$ Million)
7.2 Delta- Sigma ADC
7.2.1 Overview
7.2.2 Delta- Sigma ADC Market Revenue and Forecasts to 2030 (US$ Million)
7.3 Ramp ADC
7.3.1 Overview
7.3.2 Ramp ADC Market Revenue and Forecasts to 2030 (US$ Million)
7.4 Successive Approximation ADC
7.4.1 Overview
7.4.2 Successive Approximation ADC Market Revenue and Forecasts to 2030 (US$ Million)
7.5 Others
7.5.1 Overview
7.5.2 Others Market Revenue and Forecasts to 2030 (US$ Million)
8. Middle East & Africa Analog to Digital Converter Market Analysis – Resolution
8.1 8-Bit
8.1.1 Overview
8.1.2 8-Bit Market Revenue and Forecasts to 2030 (US$ Million)
8.2 10-Bit
8.2.1 Overview
8.2.2 10-Bit Market Revenue and Forecasts to 2030 (US$ Million)
8.3 12-Bit
8.3.1 Overview
8.3.2 12-Bit Market Revenue and Forecasts to 2030 (US$ Million)
8.4 14-Bit
8.4.1 Overview
8.4.2 14-Bit Market Revenue and Forecasts to 2030 (US$ Million)
8.5 16-Bit
8.5.1 Overview
8.5.2 16-Bit Market Revenue and Forecasts to 2030 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Others Market Revenue and Forecasts to 2030 (US$ Million)
9. Middle East & Africa Analog to Digital Converter Market Analysis – Application
9.1 Industrial
9.1.1 Overview
9.1.2 Industrial Market Revenue and Forecasts to 2030 (US$ Million)
9.2 Consumer Electronics
9.2.1 Overview
9.2.2 Consumer Electronics Market Revenue and Forecasts to 2030 (US$ Million)
9.3 Automotive
9.3.1 Overview
9.3.2 Automotive Market Revenue and Forecasts to 2030 (US$ Million)
9.4 Healthcare
9.4.1 Overview
9.4.2 Healthcare Market Revenue and Forecasts to 2030 (US$ Million)
9.5 Telecommunication
9.5.1 Overview
9.5.2 Telecommunication Market Revenue and Forecasts to 2030 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Others Market Revenue and Forecasts to 2030 (US$ Million)
10. Middle East & Africa Analog to Digital Converter Market – Country Analysis
10.1 Overview
10.1.1 Middle East & Africa Analog to Digital Converter Market Revenue and Forecasts and Analysis – By Countries
10.1.1.1 Saudi Arabia: Middle East & Africa Analog to Digital Converter Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.1.1 Saudi Arabia: Middle East & Africa Analog to Digital Converter Market Breakdown by Type
10.1.1.1.2 Saudi Arabia: Middle East & Africa Analog to Digital Converter Market Breakdown by Resolution
10.1.1.1.3 Saudi Arabia: Middle East & Africa Analog to Digital Converter Market Breakdown by Application
10.1.1.2 UAE: Middle East & Africa Analog to Digital Converter Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.2.1 UAE: Middle East & Africa Analog to Digital Converter Market Breakdown by Type
10.1.1.2.2 UAE: Middle East & Africa Analog to Digital Converter Market Breakdown by Resolution
10.1.1.2.3 UAE: Middle East & Africa Analog to Digital Converter Market Breakdown by Application
10.1.1.3 South Africa: Middle East & Africa Analog to Digital Converter Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.3.1 South Africa: Middle East & Africa Analog to Digital Converter Market Breakdown by Type
10.1.1.3.2 South Africa: Middle East & Africa Analog to Digital Converter Market Breakdown by Resolution
10.1.1.3.3 South Africa: Middle East & Africa Analog to Digital Converter Market Breakdown by Application
10.1.1.4 Rest of Middle East & Africa: Middle East & Africa Analog to Digital Converter Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.4.1 Rest of Middle East & Africa: Middle East & Africa Analog to Digital Converter Market Breakdown by Type
10.1.1.4.2 Rest of Middle East & Africa: Middle East & Africa Analog to Digital Converter Market Breakdown by Resolution
10.1.1.4.3 Rest of Middle East & Africa: Middle East & Africa Analog to Digital Converter Market Breakdown by Application
11. Competitive Landscape
11.1 Heat Map Analysis by Key Players
11.2 Company Positioning & Concentration
12. Industry Landscape
12.1 Overview
12.2 Market Initiatives
13. Company Profiles
13.1 Asahi Kasei Corp
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Analog Devices Inc
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Renesas Electronics Corp
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Texas Instruments Inc
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Teledyne Technologies Inc
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 STMicroelectronics NV
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
14. Appendix
14.1 Word Index
LIST OF TABLES
Table 2. Middle East & Africa Analog to Digital Converter Market Revenue and Forecasts to 2030 (US$ Million)
Table 3. Middle East & Africa Analog to Digital Converter Market Revenue and Forecasts to 2030 (US$ Million) – Type
Table 4. Middle East & Africa Analog to Digital Converter Market Revenue and Forecasts to 2030 (US$ Million) – Resolution
Table 5. Middle East & Africa Analog to Digital Converter Market Revenue and Forecasts to 2030 (US$ Million) – Application
Table 6. Middle East & Africa Analog to Digital Converter Market, by Country – Revenue and Forecast to 2030 (USD Million)
Table 7. Saudi Arabia: Middle East & Africa Analog to Digital Converter Market Revenue and Forecasts to 2030 (US$ Million) – By Type
Table 8. Saudi Arabia: Middle East & Africa Analog to Digital Converter Market Revenue and Forecasts to 2030 (US$ Million) – By Resolution
Table 9. Saudi Arabia: Middle East & Africa Analog to Digital Converter Market Revenue and Forecasts to 2030 (US$ Million) – By Application
Table 10. UAE: Middle East & Africa Analog to Digital Converter Market Revenue and Forecasts to 2030 (US$ Million) – By Type
Table 11. UAE: Middle East & Africa Analog to Digital Converter Market Revenue and Forecasts to 2030 (US$ Million) – By Resolution
Table 12. UAE: Middle East & Africa Analog to Digital Converter Market Revenue and Forecasts to 2030 (US$ Million) – By Application
Table 13. South Africa: Middle East & Africa Analog to Digital Converter Market Revenue and Forecasts to 2030 (US$ Million) – By Type
Table 14. South Africa: Middle East & Africa Analog to Digital Converter Market Revenue and Forecasts to 2030 (US$ Million) – By Resolution
Table 15. South Africa: Middle East & Africa Analog to Digital Converter Market Revenue and Forecasts to 2030 (US$ Million) – By Application
Table 16. Rest of Middle East & Africa: Middle East & Africa Analog to Digital Converter Market Revenue and Forecasts to 2030 (US$ Million) – By Type
Table 17. Rest of Middle East & Africa: Middle East & Africa Analog to Digital Converter Market Revenue and Forecasts to 2030 (US$ Million) – By Resolution
Table 18. Rest of Middle East & Africa: Middle East & Africa Analog to Digital Converter Market Revenue and Forecasts to 2030 (US$ Million) – By Application
Table 19. Company Positioning & Concentration
Table 20. List of Abbreviation
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LIST OF FIGURES
Figure 2. Ecosystem: Middle East & Africa Analog to Digital Converter Market
Figure 3. Middle East & Africa Analog to Digital Converter Market – Key Industry Dynamics
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. Middle East & Africa Analog to Digital Converter Market Revenue (US$ Million), 2022 & 2030
Figure 6. Middle East & Africa Analog to Digital Converter Market Share (%) – Type, 2022 and 2030
Figure 7. Integrating ADC Market Revenue and Forecasts to 2030 (US$ Million)
Figure 8. Delta- Sigma ADC Market Revenue and Forecasts to 2030 (US$ Million)
Figure 9. Ramp ADC Market Revenue and Forecasts to 2030 (US$ Million)
Figure 10. Successive Approximation ADC Market Revenue and Forecasts to 2030 (US$ Million)
Figure 11. Others Market Revenue and Forecasts to 2030 (US$ Million)
Figure 12. Middle East & Africa Analog to Digital Converter Market Share (%) – Resolution, 2022 and 2030
Figure 13. 8-Bit Market Revenue and Forecasts to 2030 (US$ Million)
Figure 14. 10-Bit Market Revenue and Forecasts to 2030 (US$ Million)
Figure 15. 12-Bit Market Revenue and Forecasts to 2030 (US$ Million)
Figure 16. 14-Bit Market Revenue and Forecasts to 2030 (US$ Million)
Figure 17. 16-Bit Market Revenue and Forecasts to 2030 (US$ Million)
Figure 18. Others Market Revenue and Forecasts to 2030 (US$ Million)
Figure 19. Middle East & Africa Analog to Digital Converter Market Share (%) – Application, 2022 and 2030
Figure 20. Industrial Market Revenue and Forecasts to 2030 (US$ Million)
Figure 21. Consumer Electronics Market Revenue and Forecasts to 2030 (US$ Million)
Figure 22. Automotive Market Revenue and Forecasts to 2030 (US$ Million)
Figure 23. Healthcare Market Revenue and Forecasts to 2030 (US$ Million)
Figure 24. Telecommunication Market Revenue and Forecasts to 2030 (US$ Million)
Figure 25. Others Market Revenue and Forecasts to 2030 (US$ Million)
Figure 26. Middle East & Africa Analog to Digital Converter Market Breakdown by Key Countries – Revenue (2022) (US$ Million)
Figure 27. Middle East & Africa Analog to Digital Converter Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 28. Saudi Arabia: Middle East & Africa Analog to Digital Converter Market Revenue and Forecasts to 2030 (US$ Million)
Figure 29. UAE: Middle East & Africa Analog to Digital Converter Market Revenue and Forecasts to 2030 (US$ Million)
Figure 30. South Africa: Middle East & Africa Analog to Digital Converter Market Revenue and Forecasts to 2030 (US$ Million)
Figure 31. Rest of Middle East & Africa: Middle East & Africa Analog to Digital Converter Market Revenue and Forecasts to 2030 (US$ Million)
Figure 32. Heat Map Analysis By Key Players
1. Analog Devices Inc
2. Asahi Kasei Corp
3. Renesas Electronics Corp
4. STMicroelectronics NV
5. Teledyne Technologies Inc
6. Texas Instruments Inc
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