Industry Overview

Global sensor signal conditioner (SSC) IC market was valued at USD XX Bn in 2020 and is expected to grow at a CAGR of 6.6% during 2021–2030 to reach 1.83 Bn by the year 2030. During the forecast period, the worldwide sensor signal conditioner (SSC) IC market is positioned to gain from increased demand from the automotive sector, increased use of industrial automation and optimal utilization, and expanding usage in special hardware.
Introduction
Sensor signal conditioning is the manipulation of a sensor signal in a way that prepares it for the next stage of processing. SSC ICs offer digital compensation of sensor sensitivity, offset, nonlinearity, and temperature drift, in wide operational temperature ranges.
The market is expected to register a significant shift from end-user owing to technological advancement and introduction of low cost highly efficient alternatives.
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Sensor Signal Conditioner (SSC) IC Market Covid-19 Pandemic Impact & Recovery Analysis

Following the worldwide economic slowdown by the coronavirus pandemic, industrial companies are offering creative solutions to keep ahead of the competition. Companies in the sensor signal conditioner (SSC) IC industry are expanding manufacturing of capacitive and resistive SSCs to ensure company viability.
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Sensor Signal Conditioner (SSC) IC Market Dynamics.

Rising Specific application demand from the end-user segment
Because of the growing use of sensors in automotive and medical applications, demand for pressure sensors is predicted to surge. Due to the shrinking of electronic instruments, technological advancements have resulted in a reduction in the size and cost of pressure sensors, which is expected to open up new market prospects.
Growing demand for industrial automation to ensure higher productivity

The sensor signal conditioner (SSC) IC market is being fueled by the use of automation for industrial optimization. Across a variety of process sectors, industrial automation lowers operational costs, improves product quality, boosts productivity, and addresses industrial health and safety.

Sensor Signal Conditioner (SSC) IC Market Regional Analysis

In the year 2020, North America accounted for the largest market share in sensor signal conditioner (SSC) IC in terms of revenue. The market growth in the region was attributed to technological advancement in the countries such as U.S. and Canada and the presence of key market players in the region.
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Competitive Insights

The market is highly competitive in nature with direct & indirect competitors focusing on leveraging growth opportunities to drive business.

Major companies in the sensor signal conditioner market include:
• Analog Devices, Inc.
• iC-Haus GmbH
• Micro Analog Systems Oy
• Renesas Electronics Corporation
• Suzhou NOVOSENSE Microelectronics Co., Ltd.
• Texas Instruments Incorporated
• Melexis
• Allegro Microsystems, Inc. (15+ Companies are profiled in the final report)

Key market players are focusing on mergers, acquisitions, partnerships, and joint ventures to gain a competitive edge in the sensor signal conditioner market.
• March 2021: Micro Analog Systems Oy has released the "MAS6513," a 24-bit capacitive sensor signal conditioning IC with a delta-sigma based capacitance to digital converter (CDC) and a high-resolution output of 24-bit that is essential for pressure and humidity sensor modules.
Sensor Signal Conditioner (SSC) IC Market Report Coverage
Global Sensor Signal Conditioner (SSC) IC Market, by Type
• Capacitive
• Resistive
Global Sensor Signal Conditioner (SSC) IC Market, by Application
• Accelerometers
• Strain Gauges
• Temperature Sensors
• Motor Drive Controllers
• Pressure Sensors
• Humidity Sensors
• Others (pH Sensor, Flow Sensor, etc.)
Global Sensor Signal Conditioner (SSC) IC Market, by End-use Industry
• Automotive
• Consumer Electronics
• Industrial
• Others (Oil & Gas, Energy and Utility)
Global Sensor Signal Conditioner (SSC) IC Market, by Region
• North America
o US
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Italy
o Spain
• Asia Pacific
o South Korea
o Japan
o India
o China
o Australia
o Malaysia
• Middle East & Africa
o Saudi Arabia
o United Arab Emirates
o South Africa
• South America
o Brazil
o Argentina