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Digital Isolator Market by Isolation Type, Data Rate, Channel, Application, Vertical And Geography - Global Forecast to 2023

"The global digital isolator market is expected to grow at a CAGR of 6.03% between 2017 and 2023."

LONDON, Oct. 12, 2017 /PRNewswire/ --

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The digital isolator market is expected to be valued at USD 1.46 billion in 2017 and is likely to reach USD 2.07 billion by 2023, at a CAGR of 6.0% between 2017 and 2023. The growing demand for noise-free electronics and the increasing usage of renewable energy sources are driving the growth of the market. Further, digital isolators are increasingly being used as a substitute for optocouplers; this is contributing to the growth of the digital isolator market. However, digital isolators can only transmit signals with data rates over 100 Kbps and need an attached modulator to transmit signals below the aforementioned data rates. This is limiting the growth of the market.

"Gate drivers accounted for the largest share of the global digital isolator market in 2016."
Gate drivers accounted for the largest share of the digital isolator market in 2016; the market for gate drivers is expected to grow at a high rate during the forecast period. This market growth can be attributed to the wide use of gate drivers in engines of electric vehicles and the large-scale electrification of automobiles in developed economies, such as the US, Germany, Japan, and the Nordic Countries. Gate drivers are also used to drive motors in the industrial sector.

"The market for giant magnetoresistive isolation type is expected to witness a significant growth between 2017 and 2023."
The market for giant magnetoresistive isolation type is expected to grow at a significant growth during the forecast period owing to its wide use in biosensors and microelectromechanical systems (MEMS), among others. The devices featuring this isolation type exhibit enormous change in resistance when subjected to a magnetic field. This change in resistance on the output side of the devices results in large output signals offering enhanced accuracy and sensitivity.

"Asia Pacific accounted for the largest share of the digital isolator market in 2016; and the market in this region is expected to grow at a high rate during the forecast period."
Asia Pacific is expected to hold the largest share of the digital isolator market by 2023 owing to the presence of a large number of major electrical device and equipment manufacturers in this region. In addition, several electrical component manufacturers are shifting from North America and Europe to Asia Pacific to capitalize on the low direct costs incurred in China and South East Asia. The market growth can also be attributed to the increasing demand for isolated gate drivers, generated with the proliferation of electric and hybrid electric vehicles worldwide.

Break-up of the profiles of primary participants:
• By Company Type: Tier 1 – 73 %, Tier 2 – 15%, and Tier 3 – 12%
• By Designation: C-Level Executives – 34%, and Managers – 66%,
• By Region:APAC – 33%, North America – 30%, Europe – 27%, and RoW – 10%
Some of the key players in the digital isolator market are Texas Instruments, Analog Devices, Infineon Technologies, Silicon Labs, Broadcom, ROHM Semiconductor, Maxim Integrated, NXP Semiconductors, NVE, Vicor, Murata Manufacturing, National Instruments, IXYS Corporation, Halo Electronics, and Advantech.

Research Coverage:
This research report segments the global digital isolator market based on isolation type, data rate, channel, application, vertical, and geography. The report discusses the major drivers, restraints, challenges, and opportunities pertaining to the market and also includes value chain and market ranking analyses.

Reasons to Buy the Report
The report would help leaders/new entrants in this market in the following ways:
1. This report segments the digital isolator market comprehensively and provides the closest market size estimation for subsegments across different regions.
2. The report would help stakeholders understand the pulse of the market and provide them with the information on key drivers, restraints, challenges, and opportunities for market growth.
3. This report would help stakeholders understand their competitors better and gain more insights to improve their position in the business. The competitive landscape section includes competitor ecosystem, product launches, acquisitions, partnerships, expansions, agreements, contracts, alliances, and collaborations.

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