Optocoupler IC Market Report Driven by the Increasing Demand from the Consumer Electronics Industry (SARS-CoV-2, Covid-19)


Posted June 1, 2020 by MarketsFutureHere

Optocoupler IC Market Report Driven by the Increasing Demand from the Consumer Electronics Industry (SARS-CoV-2, Covid-19)

 
Optocoupler IC Market Report

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The sudden challenges created by the ongoing COVID-19 are captured effectively to exhibit the long term growth projections in the MRFR report on Optocoupler IC Market Report. The growth sectors of the Optocoupler IC Market Report are identified with precision for a better growth perspective.

Optocoupler also referred to as photocoupler, opto-isolator, or optical isolator, is an electronic component that can transmit an electric signal between two isolated circuits by adopting a light-sensitive optical interface. The two most essential components of an optocoupler are LED and photosensitive transistor. Optocoupler ICs have a number of uses in audio processors, MEMS microphones, audio amplifiers, and subsystems. Growing demand for smart home devices and the prerequisite for compact and energy-efficient optocoupler ICs are the crucial factors backing to the growth of the optocoupler IC market. The microelectronics industry all over the globe is currently being affected by rigorous regulations regarding environment and energy efficiency, which has directed several developments such as miniaturization and conjunction of almost all daily-use electronic devices. The increasing demand for device miniaturization is anticipated to create opportunities for vendors operating in the global optocoupler IC market over the near future. Growing technological advances in consumer electronic devices will surge market growth. Rising stringent regulations on energy productivity and the environment is another major factor driving the market growth.

The global optocoupler IC market is growing at a growth rate of 5.9% according to the MRFR optocoupler IC market report.
UIN regional terms, North America, leads the optocoupler IC market in 2018 owing to the early adoption of technologies and the growing consumer electronics market in the region. In addition, the presence of numerous manufacturers of optocoupler ICs, such as Semiconductor Components Industries LLC, Vishay Intertechnology, Inc, and Broadcom Inc., plays a significant role in the growth of the market. In addition to this, increased investment by various US-based companies in the automotive industry is expected to fuel demand for optocoupler ICs over the near future. The rising adoption of optocoupler IC in the smart home devices market will also enhance market growth.
The Asia Pacific is considered to be the fastest-growing region during the near future. The rapid upsurge in the consumer electronics market and emerging technology adoption in emerging economies such as China and India will improve regional growth.
the types of optocoupler IC are high linearity optocouplers, logic output optocouplers, transistor output optocouplers, High-Speed optocouplers, MOSFET output optocouplers, TRIAC & SCR output optocouplers, and others. In terms of the pin, the optocoupler IC market has been categorized into 4-pin, 6-pin, 5-pin, and 7-pin. Based on the pin, the 4-pin segment witnessed the highest demand in 2018 owing to the full application of the 4-pin segment in the consumer electronics market. On the other hand, the 7-pin segment will be the fastest-growing region due to the increasing adoption of the 7-pin sector.

The global optocoupler IC market is also driven by the existence of several global electronic component companies and semiconductor fabrication companies. The competition amongst the existing and new market entrants for shares in the market is highly intense. performance, Quality, and reliability of ICs are some of the factors that help vendors to sustain in an intensely competitive market. Also, technological developments for the implementation of optocoupler IC across automotive and consumer electronics sectors are anticipated to fuel the growth of the optocoupler IC market over the near future. In 2019, Southwest Research Institute created a high-reliability, high-voltage optocoupler for spaceflight applications. The device was nominated by NASA as a power interface in the Europa Clipper spacecraft that is fixed to reach Jupiter’s moon Europa in the coming five years.

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Optocoupler IC Market Research, Size, Share, Trends, Global Analysis, 2025 | MRFR
Optocoupler IC Market Size, Share, Industry Segment by Type, Pin, Vertical and Region, Global…

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Categories Software , Technology
Tags optocoupler ic , optocoupler ic market , optocoupler ic market report , optocoupler ic report
Last Updated June 1, 2020