North America Analog to Digital Converter Market Forecast to 2030
North America 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
Rising Demand for High-Resolution Images in Scientific and Medical Applications Fuels North America Analog to Digital Converter Market
In scientific and medical fields, accurate diagnosis relies on high-quality images captured through CT scans, X-rays, MRI scans, and other advanced imaging technologies. To store these images in a digital format, analog to digital converters (ADCs) are required to convert the analog signals from the imaging devices into digital data. The medical industry has experienced notable progress in imaging technology, leading to a growing need for digital image acquisition and processing. Analog to digital converters play a vital role in the networked imaging systems that facilitate the digital imaging process. Specialized high-speed data converters are necessary for the analog to digital conversion of images. The converters work in conjunction with amplifiers, interfaces, power management tools, digital signal processors, microprocessors, and microcontrollers to ensure accurate and efficient conversion. Datel (UK) is a reputable provider of analog to digital converters specifically designed for the medical industry. Their solutions offer high-resolution capabilities, undergo rigorous testing, and provide comprehensive package solutions. Therefore, rising demand for high-resolution images in scientific and medical applications drives the growth of the North America analog to digital converter market.
North America Analog to Digital Converter Market Overview
The North America analog to digital converter market is segmented into the US, Canada, and Mexico. The US held the largest share of the North America analog to digital converter market in 2022. The country is home to major market players such as Analog Devices, Inc.; Cirrus Logic, Inc.; Microchip Technology, Inc.; and Texas Instruments Incorporated. The US is a manufacturing, IT, and automotive hub, among other sectors that require technologically advanced solutions for precision and accuracy in production and other processes. The Bipartisan Infrastructure Law, signed by US President Biden, is a once-in-a-generation investment in the infrastructure of the US. The projected rise in the telecom infrastructure with such initiatives further fuels the adoption of ADCs in North America. The US and Canada are among the region’s most advanced countries as they are at the forefront of adopting technologies in almost all sectors. The US, Canada, and Mexico are the major contributors to the North America analog-to-digital market. The accessibility to efficient infrastructure in these developed countries has facilitated the manufacturers to exploit the limits of technology, science, and commerce. The US is a developed country in terms of the adoption of modern technologies, a high standard of living, and advanced infrastructure. Technological advancements in the region have led to a highly competitive market. It also attracts several technological developments involving economically robust countries. Companies operating in this region are continuously enhancing the overall business processes to meet the customers’ demand for high-quality products and services efficiently. The region is well-known for the advanced semiconductor manufacturing industry. Advanced semiconductors have transformed many industries and sectors, such as aerospace and automotive. GlobalFoundries has stepped forward to make sizable investments in the North America semiconductor industry. Such investments would enable ADC chip manufacturers to expand their production capacity in the region. Moreover, with the introduction of new wireless technologies such as 5G, demand for ADC is projected to grow rapidly in the coming years. The roll-out of 5G communication in the region is anticipated to nurture the scope of ADC. The growing urbanization and rising disposable income have been the major enablers of the proliferation of the electronics industry. According to the US Bureau of Economic Analysis, in March 2023, disposable personal income (DPI) in the US rose by 0.5% in February 2023 compared to January 2023. The growth in people’s disposable income contributes to the strong purchasing power, bolstering the sales of television sets, microwaves, and other consumer electronics, which further drives the North America analog to digital converter market.
North America Analog to Digital Converter Market Revenue and Forecast to 2030 (US$ Million)
North America Analog to Digital Converter Market Segmentation
The North America analog to digital converter market is categorized into type, resolution, application, and country.
Based on type, the North America analog to digital converter market is segmented into integrating ADC, delta- sigma ADC, ramp ADC, successive approximation ADC, and others. The others segment held the largest market share in 2022.
In terms of resolution, the North America 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 North America analog to digital converter market is segmented into industrial, consumer electronics, automotive, healthcare, telecommunication, and others. The industrial segment held the largest market share in 2022.
By country, the North America analog to digital converter market is segmented into the US, Canada, and Mexico. The US dominated the North America analog to digital converter market share in 2022.
Analog Devices Inc; Asahi Kasei Corp; Cirrus Logic, Inc.; Microchip Technology Inc; Renesas Electronics Corp; ROHM Co Ltd; Semiconductor Components Industries, LLC (On semiconductor); STMicroelectronics NV; Teledyne Technologies Inc; and Texas Instruments Inc are among the leading companies operating in the North America analog to digital converter market.
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According to the Research Team research, the North America analog to digital converter market was valued at US$ 1,334.91 million in 2022 and is expected to reach US$ 2,089.64 million by 2030, registering a CAGR of 5.8% from 2022 to 2030. Increasing demand for advanced data acquisition systems and rising demand for high-resolution images in scientific and medical applications are among the critical factors attributed to drive the North America hearing market growth.
Data acquisition solutions play a crucial role in measuring various parameters such as voltage, current, and temperature. The solutions process the acquired data for analysis and presentation. The evolving landscape of data acquisition is witnessing notable advancements, including the integration of network connectivity, data analysis and reporting software, and remote control and monitoring capabilities.
Analog to digital converters serve as the core component within data acquisition systems, as they receive data from the surrounding environment and convert it into discrete levels that processors can interpret. These discrete levels represent the smallest measurable change in the signal being measured. It is worth mentioning that the higher the number of bits in an ADC, the greater the number of discrete levels, resulting in higher resolution and accuracy of the analog to digital converter. The resolution of an analog to digital converter can be compared to the markings on a measuring stick, where a stick with millimeter markings offers greater precision than one with centimeter markings. Data acquisition systems offer advantages such as resource optimization, cost efficiency, and energy conservation. Rising technological advancements and increasing adoption of automation in various industries propel the demand for data acquisition systems, which drives the North America analog to digital converter market growth.
On the contrary, the complex design of ADC hampers the growth of North America analog to digital converter market.
Based on type, the North America analog to digital converter market is segmented into integrating ADC, delta- sigma ADC, ramp ADC, successive approximation ADC, and others. The others segment held 34.1% market share in 2022, amassing US$ 455.21 million. It is projected to garner US$ 624.31 million by 2030 to register 4.0% CAGR during 2022-2030.
In terms of resolution, the North America 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 32.1% share of North America analog to digital converter market in 2022, amassing US$ 428.26 million. It is anticipated to garner US$ 636.82 million by 2030 to expand at 5.1% CAGR during 2022-2030.
By application, the North America analog to digital converter market is segmented into industrial, consumer electronics, automotive, healthcare, telecommunication, and others. The industrial segment held 26.4% share of North America analog to digital converter market in 2022, amassing US$ 352.57 million. It is projected to garner US$ 503.29 million by 2030 to expand at 4.5% CAGR from 2022 to 2030.
Based on country, the North America analog to digital converter market is categorized into the US, Canada, and Mexico. Our regional analysis states that the US captured 72.3% share of North America analog to digital converter market in 2022. It was assessed at US$ 965.16 million in 2022 and is likely to hit US$ 1,540.06 million by 2030, registering a CAGR of 6.0% during 2022-2030.
Key players operating in the North America analog to digital converter market are Analog Devices Inc; Asahi Kasei Corp; Cirrus Logic, Inc.; Microchip Technology Inc; Renesas Electronics Corp; ROHM Co Ltd; Semiconductor Components Industries, LLC (On semiconductor); 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 North America 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 North America market trends and outlook coupled with the factors driving the North America 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
1.1 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. North America Analog to Digital Converter Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 List of Vendors in the Value Chain:
5. North America 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 – North America Market Analysis
6.1 North America Analog to Digital Converter Market Overview
6.2 North America Analog to Digital Converter Market Revenue (US$ Million), 2022 – 2030
6.3 North America Analog to Digital Converter Market Forecast and Analysis
7. North America 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. North America 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. North America 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. North America Analog to Digital Converter Market – Country Analysis
10.1 Overview
10.1.1 North America Analog to Digital Converter Market Revenue and Forecasts and Analysis – By Countries
10.1.1.1 US: North America Analog to Digital Converter Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.1.1 US: North America Analog to Digital Converter Market Breakdown by Type
10.1.1.1.2 US: North America Analog to Digital Converter Market Breakdown by Resolution
10.1.1.1.3 US: North America Analog to Digital Converter Market Breakdown by Application
10.1.1.2 Canada: North America Analog to Digital Converter Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.2.1 Canada: North America Analog to Digital Converter Market Breakdown by Type
10.1.1.2.2 Canada: North America Analog to Digital Converter Market Breakdown by Resolution
10.1.1.2.3 Canada: North America Analog to Digital Converter Market Breakdown by Application
10.1.1.3 Mexico: North America Analog to Digital Converter Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.3.1 Mexico: North America Analog to Digital Converter Market Breakdown by Type
10.1.1.3.2 Mexico: North America Analog to Digital Converter Market Breakdown by Resolution
10.1.1.3.3 Mexico: North America 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 Cirrus Logic, Inc.
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 Microchip Technology 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 Semiconductor Components Industries, LLC (On semiconductor)
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 ROHM Co Ltd
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
13.7 Renesas Electronics Corp
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Texas Instruments Inc
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Teledyne Technologies Inc
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 STMicroelectronics NV
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 Word Index
LIST OF TABLES
Table 2. North America Analog to Digital Converter Market Revenue and Forecasts to 2030 (US$ Million)
Table 3. North America Analog to Digital Converter Market Revenue and Forecasts to 2030 (US$ Million) – Type
Table 4. North America Analog to Digital Converter Market Revenue and Forecasts to 2030 (US$ Million) – Resolution
Table 5. North America Analog to Digital Converter Market Revenue and Forecasts to 2030 (US$ Million) – Application
Table 6. North America Analog to Digital Converter Market, by Country – Revenue and Forecast to 2030 (USD Million)
Table 7. US: North America Analog to Digital Converter Market Revenue and Forecasts to 2030 (US$ Million) – By Type
Table 8. US: North America Analog to Digital Converter Market Revenue and Forecasts to 2030 (US$ Million) – By Resolution
Table 9. US: North America Analog to Digital Converter Market Revenue and Forecasts to 2030 (US$ Million) – By Application
Table 10. Canada: North America Analog to Digital Converter Market Revenue and Forecasts to 2030 (US$ Million) – By Type
Table 11. Canada: North America Analog to Digital Converter Market Revenue and Forecasts to 2030 (US$ Million) – By Resolution
Table 12. Canada: North America Analog to Digital Converter Market Revenue and Forecasts to 2030 (US$ Million) – By Application
Table 13. Mexico: North America Analog to Digital Converter Market Revenue and Forecasts to 2030 (US$ Million) – By Type
Table 14. Mexico: North America Analog to Digital Converter Market Revenue and Forecasts to 2030 (US$ Million) – By Resolution
Table 15. Mexico: North America Analog to Digital Converter Market Revenue and Forecasts to 2030 (US$ Million) – By Application
Table 16. Company Positioning & Concentration
Table 17. List of Abbreviation
LIST OF FIGURES
Figure 2. Ecosystem: North America Analog to Digital Converter Market
Figure 3. North America Analog to Digital Converter Market – Key Industry Dynamics
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. North America Analog to Digital Converter Market Revenue (US$ Million), 2022 & 2030
Figure 6. North America 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. North America 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. North America 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. North America Analog to Digital Converter Market Breakdown by Key Countries – Revenue (2022) (US$ Million)
Figure 27. Analog to Digital Converter Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 28. US: North America Analog to Digital Converter Market Revenue and Forecasts to 2030 (US$ Million)
Figure 29. Canada: North America Analog to Digital Converter Market Revenue and Forecasts to 2030 (US$ Million)
Figure 30. Mexico: North America Analog to Digital Converter Market Revenue and Forecasts to 2030 (US$ Million)
Figure 31. Heat Map Analysis By Key Players
1. Analog Devices Inc
2. Asahi Kasei Corp
3. Cirrus Logic, Inc.
4. Microchip Technology Inc
5. Renesas Electronics Corp
6. ROHM Co Ltd
7. Semiconductor Components Industries, LLC (On semiconductor)
8. STMicroelectronics NV
9. Teledyne Technologies Inc
10. Texas Instruments Inc
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