Amplifier & Comparator IC Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 4.30 % |
Fastest Growing Market | Asia-Pacific |
Largest Market | North America |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Amplifier & Comparator IC Market Analysis
The Amplifier and Comparator IC Market is expected to register a CAGR of 4.3% during the forecast period. The electronics industry is one of the major consumers of comparator IC. The pandemic has disrupted the supply chain and hindered the equilibrium of the market; steadily escalating electronics, automobile, and health care sectors will supplement the growth of the comparator IC market over the forecast period. The end-use industry of comparator IC is presumed to emphasize the demand-supply equilibrium.
- The rising demand for compact electronic devices, such as smartphones, has resulted in a high level of integration on a single integrated circuit (IC). The frequent releases of new smartphones with advanced features compel vendors to modify the manufacturing process and design new products that have increased the growth of amplifiers and comparators for electronic devices.
- Many industries, such as food processing, automotive assembly, oil refining, and manufacturing, are increasingly adopting process control techniques to ensure smooth process flow and higher throughput. The increasing number of sensors being integrated to facilitate industrial automation will drive the demand for amplifiers and comparators IC in the industrial sector during the forecast period.
- The global proliferation of electronic gadgets among millennials, health-care appliances, and upcoming HEVs and EVs in the automotive sector is a strong indication for the comparator IC industry. The growth of the comparator IC market will be aided by rising technical advancement and a steady stream of innovative technologies. Over the forecasted period, comparator IC has a lot of potential to support the exponentially growing electronics and vehicle industries.
Amplifier & Comparator IC Market Trends
This section covers the major market trends shaping the Amplifier & Comparator IC Market according to our research experts:
Automotive Expected to Witness Significant Market Share
- The increasing demand for electric vehicles worldwide and to keep drivers safe, amplifiers and comparator integrated circuits are used in vehicles. Comparator ICs improve connectivity driving and safety innovation among drivers, which is expected to fuel market demand. The rapid electrification of vehicles is driving the growth of the automotive amplifiers and comparator IC market.
- The growing adoption of advanced driver-assistance systems (ADAS) and increasing government regulations globally mandating ADAS are also expanding the scope of this segment. Also, the growing adoption of infotainment in vehicles is expected to provide growth opportunities. The growing complexity of automotive digital applications requires the constant evolution of amplifiers and comparator IC and technologies.
- The factors driving the global amplifier and comparator market's growth include increased vehicle production and rising demand for electric vehicles. Additionally, several technological advancements such as the implementation of IoT and favorable government standards for the production of autonomous, connected, and low emission vehicles are further fuelling the market growth of the automotive integrated circuit during the forecast period.
Asia Pacific Expected to Witness Significant Market Growth
- The Asia-Pacific is projected to account for the highest market growth in the amplifier and comparator IC market. The highest growth in the market is attributed to the growing disposable income of consumers in the region, increasing adoption of consumer electronics devices, booming infrastructure, and rising technological advancement in the region.
- The Thai government launched an EV action plan in 2016 to encourage the production of BEVs and PHEVs to have 1.2 million such vehicles on the road by 2036. As a result, 13 companies have benefited from preferential tax treatment for electric vehicles. Thailand announced an EV roadmap in March 2020 to produce 250,000 EVs by 2025 and establish an ASEAN EV hub, which will drive market growth.
- Japan holds a significant position in the market as it is home to some of the significant amplifier and comparator IC manufacturers and the electronics industry. The country focuses on luring semiconductor companies and engaging in partnerships with other nations to boost its semiconductor industry.
- Further, in October 2021, Harman, a car audio and electronics company, announced two new accessories in India. The Reference 7005A amplifier and Alpha 100 automobile multimedia player are available for INR 32,990 and INR 5,490, respectively, as an introductory offer.
Amplifier & Comparator IC Industry Overview
The Global Amplifier and Comparator IC Market is significantly consolidated as changing consumer demands are driving companies to innovate, focus on R&D, and advancement of electronic devices to attract more consumers. The players are adopting strategies such as collaboration, partnership, and agreement as their key developmental strategies.
- December 2021 - Renesas Electronics introduced the RA6T2 32-bit MCUs feature for next-generation motor control inverter appliances, including comparators that detect abnormal voltage input and over current.
- November 2021 - Broadcom Inc announced Industry's First 100/G lane Optical PAM-4 DSP PHY families with an integrated trans-impedance amplifier (TIA) and laser driver, which will deliver extremely low power, high performance, and cost-effective solution for optical connectivity.
Amplifier & Comparator IC Market Leaders
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Analog Devices
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Texas Instruments Inc
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Broadcom Inc.
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MediaTek Inc
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Microchip Technology Inc
*Disclaimer: Major Players sorted in no particular order
Amplifier & Comparator IC Market News
- April 2022 - Hypex Electronics announced the NCx500 OEM, the first of a new NCOREx family of modules, and a new and improved version of their NCORE Class-D amplifier technology.
Amplifier & Comparator IC Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumption and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
- 4.1 Market Overview
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4.2 Porters Five Force Analysis
- 4.2.1 Bargaining Power Of Suppliers
- 4.2.2 Bargaining Power of Buyers
- 4.2.3 Threat Of New Entrants
- 4.2.4 Threat Of Substitutes
- 4.2.5 Intensity of Competitive Rivalry
- 4.3 Assessment of COVID-19 Impact on the Market
5. MARKET DYNAMICS
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5.1 Market Drivers
- 5.1.1 Rising Usage of Amplifier and Comparator IC in Consumer Electronics Applications
- 5.1.2 High Adoption of Smartphones and Tablets and Growing Requirement for Amplifers
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5.2 Market Challenges
- 5.2.1 Complexity in the Manufacturing Process
6. MARKET SEGMENTATION
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6.1 By Type
- 6.1.1 Inverting
- 6.1.2 Non-Inverting
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6.2 By End-User Industry
- 6.2.1 Automotive
- 6.2.2 Consumer Electronics
- 6.2.3 Health Care
- 6.2.4 Manufacturing
- 6.2.5 Other End-user Industries
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6.3 By Geography
- 6.3.1 North America
- 6.3.2 Europe
- 6.3.3 Asia Pacific
- 6.3.4 Latin America
- 6.3.5 Middle East and Africa
7. COMPETITIVE LANDSCAPE
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7.1 Company Profiles
- 7.1.1 Analog Devices, Inc.
- 7.1.2 BONN Elektronik GmbH
- 7.1.3 Broadcom Inc.
- 7.1.4 MediaTek Inc
- 7.1.5 Microchip Technology Inc
- 7.1.6 NXP Semiconductors.
- 7.1.7 Qualcomm Technologies, Inc.
- 7.1.8 Skyworks Solutions Inc.
- 7.1.9 Texas Instruments Incorporated.
- 7.1.10 Renesas Electronics Corporation.
- *List Not Exhaustive
8. INVESTMENT ANALYSIS
9. FUTURE OF THE MARKET
** Subject To AvailablityAmplifier & Comparator IC Industry Segmentation
An amplifier is an electronic device that boosts a signal's voltage, current, or power. Wireless communications and broadcasting, as well as audio equipment of all kinds, use amplifiers. A comparator is an electrical circuit that compares two inputs and outputs to the comparison result. The comparator's output value indicates whether one of the inputs is higher or lesser, and the comparator is one of the non-linear IC applications.
The Study tracks the usage of types of IC comparators that include inverting and non-inverting across major applications such as automotive, consumer electronics, healthcare, and manufacturing. The study also covers demand across various regions and study considers the impact of COVID-19 on the market.
By Type | Inverting |
Non-Inverting | |
By End-User Industry | Automotive |
Consumer Electronics | |
Health Care | |
Manufacturing | |
Other End-user Industries | |
By Geography | North America |
Europe | |
Asia Pacific | |
Latin America | |
Middle East and Africa |
Amplifier & Comparator IC Market Research FAQs
What is the current Global Amplifier and Comparator IC Market size?
The Global Amplifier and Comparator IC Market is projected to register a CAGR of 4.30% during the forecast period (2024-2029)
Who are the key players in Global Amplifier and Comparator IC Market?
Analog Devices, Texas Instruments Inc, Broadcom Inc., MediaTek Inc and Microchip Technology Inc are the major companies operating in the Global Amplifier and Comparator IC Market.
Which is the fastest growing region in Global Amplifier and Comparator IC Market?
Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Global Amplifier and Comparator IC Market?
In 2024, the North America accounts for the largest market share in Global Amplifier and Comparator IC Market.
What years does this Global Amplifier and Comparator IC Market cover?
The report covers the Global Amplifier and Comparator IC Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Global Amplifier and Comparator IC Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Global Amplifier and Comparator IC Industry Report
Statistics for the 2024 Global Amplifier and Comparator IC market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Global Amplifier and Comparator IC analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.