What is Data ConverterMarket?
Information Data can be of two forms that are analog data & digital data that are used in process and communication sector. Few processes require digital data while some require analog, the converter which converts the digital data into analog is known as analog digital converter (ADC), & the converter which converts analog into digital data is known as digital analog converter (DAC) & this converters are widely used in telecom sector. There are numerous methods for data conversion. The data converters market is expanding due to the growing demand & integration of smart devices. A particular operating system works in a particular manner & with either of two types of data, analog or digital, so as each time data variable is changed, the data is converted according to the operating system. Demand for data converters for consumer electronics devices is significant for functions such as network signal processing, image processing, video calling & others through smartphones and tablets. Smart data converters allow a designer to employ the most cost-effective data processes & make the programming simpler, which improves the performance of the system. Many companies are working on creating a converter which consumes low power so that it becomes cost-effective, as there is demand for data converters in the market.
Data Converter Market Report Coverage
Report Coverage | Details |
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Study Timeframe | 2018 to 2028 |
Base Year | 2022 |
Growth Drivers | - Increasing applicability of High-Resolution Images in Scientific & Medical sector
- Growing demand for Technologically Advanced Data Acquisition Systems
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Challenges & Pitfalls | - Achieving high accuracy and precision in converting analog signals to digital form or vice versa is crucial.
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Opportunities
Growing adoption of data converter in Advanced 5G Infrastructure and Test & Measurement (T&M) Solutions are gaining attraction in the market
Restraints
- High cost
- Technological issues to form embedded designs
The Manufacturers Covered in the Study are:
Analog Devices (United States), Texas Instruments (United States), Maxim Integrated (United States), Cirrus Logic (United States), Microchip Technology (United States), Asahi Kasei Microdevices Corporation (Japan), Avia Semiconductor (Xiamen) Co., Ltd. (China), DATEL, Inc. (United States), Faraday Technology Corporation (Taiwan) and Intersil Corporation (Renesas Electronics Corporation) (United States)
Available Customization:
A list of players that can be included in the study on an immediate basis are IQ-Analog Corporation (United States), NXP Semiconductors N.V. (Netherlands), ON Semiconductor Corporation (United States), ROHM Co., Ltd. (Japan) and STMicroelectronics N.V. (Switzerland).
Market Development Activities
In July 2021,Shearman & Sterling represented Texas Instruments Incorporated in connection with its acquisition of substantially all of the assets related to the operations of a 300-mm semiconductor factory in Lehi, Utah from Micron Technology, Inc.,
In May 2022 Analog Devices Launched the Next genrations of 16 -24 bits ultra high precision successive register analog to digital convertor simplifing the digital complex process designing the AdCs for instrumentation.