Knowledge Sourcing Intelligence announces the publication of a new report on "Global Mixed-Signal IC Market - From 2019 to 2026" to their offering.
The Global Mixed-Signal IC Market is expected to grow at a CAGR of 3.24% to reach a value of US$87,116.810 million by 2026, from US$69,670.713 million in 2019.
The surge in usage of 3g & 4g cell phones and other portable electronic devices, increased adoption of data converters, microcontrollers, power management devices, mixed-signal soc, in addition to high investments in designing and manufacturing of mixed-signal ics are currently the factors boosting the market. Mixed-signal integrated circuits (ICS) play an essential role in tests and measurement systems since they have a high data processing rate while maintaining high accuracy. It is easier to turn analogue signals into digital images/signals with the use of mixed-signal Ics, which assists in making accurate decisions. However, the complex integration process presents a challenge to market growth. On the other hand, the rise in adoption of mixed-signal ic in the automotive industry presents new opportunities in the coming years.
The Covid-19 pandemic had a significant effect on the production process of numerous sectors, including semiconductors in addition to electronics. Trade restrictions further disrupted the demand in addition to the supply chain. Administrations in many countries implemented severe lockdown restrictions, in addition, to temporarily closing the industries, which has had a negative influence on the whole production process.
Based on type, the market currently exists fragmented into hardware, active components, passive components, packaging and software. PCBs led chips & wafers, ics, in addition to other semiconductor devices are currently primarily sourced from China. Prices for semiconductor components have risen by 2–3 % due to supply shortfall caused by the shutdown of production facilities. However, the market currently exists projected to restart its supply chain operations in 2021.
By industry vertical, the classification of the market has been done into Healthcare, Consumer Electronics, Communication And Technology, Automotive, Others. Following the halt of daily operations, the demand from the automotive sector has been significantly reduced. Manufacturing and sales of automobiles have ceased or been reduced.
By geography, the global market has been distributed as North America, South America, Europe, the Middle East and Africa, and the Asia Pacific.
As a part of the report, the major players operating in the mixed-signal ic market, which have been covered are Broadcom, Inc., Infineon Technologies AG, NXP Semiconductors N.V., Renesas Electronics Corporation, STMicroelectronics N.V., Texas Instruments, Inc., Intel Corporation, Telephonics Corporation (Griffon Corporation), Ensilica Limited.
View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/global-mixed-signal-ic-market
This report segmented the mixed-signal IC market on the basis following terms