North America Data Converter Market Forecast to 2030 - Regional Analysis - by Type (ADC and DAC), Resolution (10 Bit, 12 Bit, 14 Bit, 16 Bit, and Others), Rate of Converter (Upto 50 Msps, 51 to 100 Msps, 101 to 200 Msps, 201 to 500 Msps, 501 Msps to 1 Gsps, and Above 1 Gsps), and End user (Automotive, Communications, Consumer Electronics, Industrial, Medical, and Others)

BMIRE00027437 | Pages: 147 | Electronics and Semiconductor | Aug 2024 | Type: Regional | Status: Published

The North America data converter market was valued at US$ 1,821.09 million in 2022 and is expected to reach US$ 3,173.20 million by 2030; it is estimated to register a CAGR of 7.2% from 2022 to 2030.

Growing Use of Data Converters in Developing Advanced 5G Infrastructure Fuel North America Data Converter Market

5G operates at higher frequencies and wider bandwidths compared to previous generations. As 5G infrastructure expands across the world, from base stations to user devices, the need for high-speed data converters will grow across various segments for efficient signal processing. Due to the massive amount of data produced by several devices and increased data consumption by smartphones, high-bandwidth equipment used in wireless networks such as routers, repeaters, wireless antennas, and access points will experience congestion in data networking in the coming years. The deployment of 5G technology is anticipated to boost the demand for high-speed communication networks and network congestion control. The 5G technology is expected to enable aggregate data rates that are faster than those of the current 4G and 3G networks. The growth of 5G infrastructure would significantly increase the number of mobile subscribers, forming a requirement for developed infrastructure that can handle user data requests.

Governments of many countries are taking initiatives to increase their 5G infrastructure. In September 2023, the US National Science Foundation Directorate for Technology, Innovation and Partnerships (TIP) announced that it is tackling 5G communication infrastructure and operational challenges through a US$ 25 million investment to advance five convergent teams from Phase 1 to Phase 2 of NSF Convergence. NSF selected 16 teams for Phase 1 of Track G. Over the next two years, the Phase 2 teams will take part in an innovation and entrepreneurial curriculum that includes technology development, intellectual property, financial management and planning, sustainability planning, and communications and outreach. In April 2023, US Secretary of Commerce Gina M. Raimondo announced the launch of the Public Wireless Supply Chain Innovation Fund, which aimed to invest US$ 1.5 billion in the development of open and interoperable networks. Funded by the CHIPS and Science Act of 2022, this investment is part of the Biden-Harris Administration’s Investing in America agenda, aiming to drive wireless innovation, foster competition, and strengthen supply chain resilience. Thus, the growing use of data converters in developing 5G infrastructure and increasing government initiatives are expected to offer significant opportunities for the North America data converter market in the coming years.

North America Data Converter Market Overview

The North America data converter market is segmented into the US, Canada, and Mexico. The market growth in the region is attributed to the rising demand for high-resolution images in healthcare applications. The improved image quality can enable quick diagnosis and treatment of any disease, enhancing physicians' productivity. The rising adoption of data converters in technologically advanced data acquisition systems further drives the growth of the market in North America. The electronics industry is shifting toward a trend that combines flexible software and modular hardware. Several market players are introducing data converters used in data acquisition systems. For instance, in November 2023, Texas Instruments TXN introduced device-screening specifications called space high-grade plastic (SHP) and SHP-compatible analog-to-digital converters (ADCs), namely ADC12DJ5200-SP and ADC12QJ1600-SP. TXN also bolstered its radiation-tolerant Space Enhanced Plastic (Space EP) portfolio with a new family of pulse-width modulation (PWM) controllers, namely TPS7H5005-SEP. Similarly, in December 2021, Texas Instruments Incorporated introduced the minimum 24-bit wideband analog-to-digital converter (ADC). The converter helps deliver industry-leading signal-measurement precision at wider bandwidths. The ADS127L11 can achieve ultra-precise data acquisition in a 50% smaller package, considerably optimizing power consumption, measurement bandwidth, and resolution for a wide range of industrial systems. Thus, all these factors surge the demand for data converters in North America during the forecast period. According to the article published by the Balance, in 2022, the automotive industry contributes more than US$ 1 trillion to the US economy each year. In the automotive industry, data converters are used for various applications, including wireless transceivers, to communicate with other vehicles or with a fixed network. Also, analog sensors such as automotive radar, LiDAR, and cameras require an ADC interface. Thus, the increasing application of data converters in the automotive industry is favoring the data converters market.

Texas Instruments Incorporated, Analog Devices, Omni Design Technologies, Synopsys, and Microchip Technology are the key data converter manufacturers operating in North America. Therefore, the parameters mentioned above are driving the growth of the North America data converter market.

North America Data Converter Market Revenue and Forecast to 2030 (US$ Million)

 

North America Data Converter Market Revenue and Forecast to 2030 (US$ Million)

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North America Data Converter Market Segmentation

 

The North America data converter market is categorized into type, resolution, rate of converter, end user, and country.

Based on type, the North America data converter market is bifurcated ADC and DAC. The ADC segment held a larger market share in 2022.

By resolution, the North America data converter market is segmented into 10 bit, 12 bit, 14 bit, 16 bit, and others. The others segment held the largest market share in 2022. The 10 bit segment is further sub segmented into Upto 50 Msps, 51 to 100 Msps, 101 to 200 Msps, 201 to 500 Msps, 501 Msps to 1Gsps, and Above 1Gsps. The 12 bit segment is further sub segmented into Upto 50 Msps, 51 to 100 Msps, 101 to 200 Msps, 201 to 500 Msps, 501 Msps to 1Gsps, and Above 1Gsps. The 14 bit segment is further sub segmented into Upto 50 Msps, 51 to 100 Msps, 101 to 200 Msps, 201 to 500 Msps, 501 Msps to 1Gsps, and Above 1Gsps. The 16 bit segment is further sub segmented into Upto 50 Msps, 51 to 100 Msps, 101 to 200 Msps, 201 to 500 Msps, 501 Msps to 1Gsps, and Above 1Gsps. The others bit segment is further sub segmented into Upto 50 Msps, 51 to 100 Msps, 101 to 200 Msps, 201 to 500 Msps, 501 Msps to 1Gsps, and Above 1Gsps.

Based on rate of converter, the North America data converter market is segmented into Upto 50 Msps, 51 to 100 Msps, 101 to 200 Msps, 201 to 500 Msps, 501 Msps to 1 Gsps, and Above 1 Gsps. The 501 Msps to 1 Gsps segment held the largest market share in 2022.

In terms of end user, the North America data converter market is segmented into automotive, communications, consumer electronics, industrial, medical, and others. The consumer electronics segment held the largest market share in 2022.

By country, the North America data converter market is segmented into the US, Canada, and Mexico. The US dominated the North America data converter market share in 2022.

Analog Devices Inc, Asahi Kasei Microdevices Corp, Cirrus Logic Inc, Microchip Technology Inc, On Semiconductor Corp, Renesas Electronics Corp, ROHM Co Ltd, STMicroelectronics NV, Teledyne Technologies Inc, and Texas Instruments Inc are some of the leading companies operating in the North America data converter market.  

1.        Introduction

1.1      The Insight Partners Research Report Guidance

1.2      Market Segmentation

2.        Executive Summary

2.1      Key Insights

2.2      Market Attractiveness

3.        Research Methodology

3.1      Coverage

3.2      Secondary Research

3.3      Primary Research

4.        North America Data Converter Market Landscape

4.1      Overview

4.2      Ecosystem Analysis

4.2.1       List of Vendors in the Value Chain

5.        North America Data Converter Market – Key Market Dynamics

5.1      Market Drivers

5.1.1       Increasing Demand for Testing and Measurement by End Users

5.1.2       Rising Demand for Data Converters in Wireless Communications

5.1.3       Increasing Product Launches

5.2      Market Restraints

5.2.1       Complex Design of ADCs

5.2.2       Fluctuations in Cost of Raw Materials

5.3      Market Opportunities

5.3.1       Potential Use of IoT Devices and Data Consumption

5.3.2       Growing Use of Data Converters in Developing Advanced 5G Infrastructure

5.4      Future Trends

5.4.1       Rise of High-Speed Data Converters

5.5      Impact of Drivers and Restraints:

6.        Data Converter Market – North America Analysis

6.1      North America Data Converter Market Revenue (US$ Million), 2020 – 2030

6.2      North America Data Converter Market Forecast Analysis

7.        North America Data Converter Market Analysis – by Type

7.1      ADC

7.1.1       Overview

7.1.2       ADC: North America Data Converter Market – Revenue and Forecast to 2030 (US$ Million)

7.2      DAC

7.2.1       Overview

7.2.2       DAC: North America Data Converter Market – Revenue and Forecast to 2030 (US$ Million)

8.        North America Data Converter Market Analysis – by Resolution

8.1        Bit

8.1.1       Overview

8.1.2       10 Bit: North America Data Converter Market – Revenue and Forecast to 2030 (US$ Million)

8.2      12 Bit

8.2.1       Overview

8.2.2       12 Bit: North America Data Converter Market – Revenue and Forecast to 2030 (US$ Million)

8.3      14 Bit

8.3.1       Overview

8.3.2       14 Bit: North America Data Converter Market – Revenue and Forecast to 2030 (US$ Million)

8.4      16 Bit

8.4.1       Overview

8.4.2       16 Bit: North America Data Converter Market – Revenue and Forecast to 2030 (US$ Million)

8.5      Others

8.5.1       Overview

8.5.2       Others: North America Data Converter Market – Revenue and Forecast to 2030 (US$ Million)

9.        North America Data Converter Market Analysis – by Rate of Converter

9.1      Upto 50 Msps

9.1.1       Overview

9.1.2       Upto 50 Msps: North America Data Converter Market – Revenue and Forecast to 2030 (US$ Million)

9.2      51 to 100 Msps

9.2.1       Overview

9.2.2       51 to 100 Msps: North America Data Converter Market – Revenue and Forecast to 2030 (US$ Million)

9.3      101 to 200 Msps

9.3.1       Overview

9.3.2       101 to 200 Msps: North America Data Converter Market – Revenue and Forecast to 2030 (US$ Million)

9.4      201 to 500 Msps

9.4.1       Overview

9.4.2       201 to 500 Msps: North America Data Converter Market – Revenue and Forecast to 2030 (US$ Million)

9.5      501 Msps to 1 Gsps

9.5.1       Overview

9.5.2       501 Msps to 1 Gsps: North America Data Converter Market – Revenue and Forecast to 2030 (US$ Million)

9.6      Above 1 Gsps

9.6.1       Overview

9.6.2       Above 1 Gsps: North America Data Converter Market – Revenue and Forecast to 2030 (US$ Million)

10.      North America Data Converter Market Analysis – by End user

10.1    Automotive

10.1.1     Overview

10.1.2     Automotive: North America Data Converter Market – Revenue and Forecast to 2030 (US$ Million)

10.2    Communications

10.2.1     Overview

10.2.2     Communications: North America Data Converter Market – Revenue and Forecast to 2030 (US$ Million)

10.3    Consumer Electronics

10.3.1     Overview

10.3.2     Consumer Electronics: North America Data Converter Market – Revenue and Forecast to 2030 (US$ Million)

10.4    Industrial

10.4.1     Overview

10.4.2     Industrial: North America Data Converter Market – Revenue and Forecast to 2030 (US$ Million)

10.5    Medical

10.5.1     Overview

10.5.2     Medical: North America Data Converter Market – Revenue and Forecast to 2030 (US$ Million)

10.6    Others

10.6.1     Overview

10.6.2     Others: North America Data Converter Market – Revenue and Forecast to 2030 (US$ Million)

11.      North America Data Converter Market – Country Analysis

11.1    Overview

11.1.1     North America Data Converter Market – Revenue and Forecast Analysis – by Country

11.1.1.1       North America Data Converter Market – Revenue and Forecast Analysis – by Country

11.1.1.2       United States: North America Data Converter Market – Revenue and Forecast to 2030 (US$ Million)

11.1.1.2.1      United States: North America Data Converter Market Breakdown, by Type

11.1.1.2.2      United States: North America Data Converter Market Breakdown, by Resolution

11.1.1.2.3      United States: North America Data Converter Market Breakdown, by Rate Of Converter

11.1.1.2.4      United States: North America Data Converter Market Breakdown, by End user

11.1.1.3       Canada: North America Data Converter Market – Revenue and Forecast to 2030 (US$ Million)

11.1.1.3.1      Canada: North America Data Converter Market Breakdown, by Type

11.1.1.3.2      Canada: North America Data Converter Market Breakdown, by Resolution

11.1.1.3.3      Canada: North America Data Converter Market Breakdown, by Rate Of Converter

11.1.1.3.4      Canada: North America Data Converter Market Breakdown, by End user

11.1.1.4       Mexico: North America Data Converter Market – Revenue and Forecast to 2030 (US$ Million)

11.1.1.4.1      Mexico: North America Data Converter Market Breakdown, by Type

11.1.1.4.2      Mexico: North America Data Converter Market Breakdown, by Resolution

11.1.1.4.3      Mexico: North America Data Converter Market Breakdown, by Rate Of Converter

11.1.1.4.4      Mexico: North America Data Converter Market Breakdown, by End user

12.      Competitive Landscape

12.1    Heat Map Analysis by Key Players

12.2    Company Positioning & Concentration

13.      Industry Landscape

13.1    Overview

13.2    Market Initiative

13.3    Product Development

14.      Company Profiles

14.1    Texas Instruments Inc

14.1.1     Key Facts

14.1.2     Business Description

14.1.3     Products and Services

14.1.4     Financial Overview

14.1.5     SWOT Analysis

14.1.6     Key Developments

14.2    STMicroelectronics NV

14.2.1     Key Facts

14.2.2     Business Description

14.2.3     Products and Services

14.2.4     Financial Overview

14.2.5     SWOT Analysis

14.2.6     Key Developments

14.3    Renesas Electronics Corp

14.3.1     Key Facts

14.3.2     Business Description

14.3.3     Products and Services

14.3.4     Financial Overview

14.3.5     SWOT Analysis

14.3.6     Key Developments

14.4    ROHM Co Ltd

14.4.1     Key Facts

14.4.2     Business Description

14.4.3     Products and Services

14.4.4     Financial Overview

14.4.5     SWOT Analysis

14.4.6     Key Developments

14.5    Analog Devices Inc

14.5.1     Key Facts

14.5.2     Business Description

14.5.3     Products and Services

14.5.4     Financial Overview

14.5.5     SWOT Analysis

14.5.6     Key Developments

14.6    Cirrus Logic Inc

14.6.1     Key Facts

14.6.2     Business Description

14.6.3     Products and Services

14.6.4     Financial Overview

14.6.5     SWOT Analysis

14.6.6     Key Developments

14.7    Asahi Kasei Microdevices Corp

14.7.1     Key Facts

14.7.2     Business Description

14.7.3     Products and Services

14.7.4     Financial Overview

14.7.5     SWOT Analysis

14.7.6     Key Developments

14.8    Microchip Technology Inc

14.8.1     Key Facts

14.8.2     Business Description

14.8.3     Products and Services

14.8.4     Financial Overview

14.8.5     SWOT Analysis

14.8.6     Key Developments

14.9    On Semiconductor Corp

14.9.1     Key Facts

14.9.2     Business Description

14.9.3     Products and Services

14.9.4     Financial Overview

14.9.5     SWOT Analysis

14.9.6     Key Developments

14.10  Teledyne Technologies Inc

14.10.1   Key Facts

14.10.2   Business Description

14.10.3   Products and Services

14.10.4   Financial Overview

14.10.5   SWOT Analysis

14.10.6   Key Developments

15.      Appendix

15.1    Word Index

15.2    About The Insight Partners

 

LIST OF TABLES

Table 1.          North America Data Converter Market Segmentation

Table 2.          List of Vendors

Table 3.          North America Data Converter Market – Revenue and Forecast to 2030 (US$ Million)

Table 4.          North America Data Converter Market – Revenue and Forecast to 2030 (US$ Million) – by Type

Table 5.          North America Data Converter Market – Revenue and Forecast to 2030 (US$ Million) – by Resolution

Table 6.          North America Data Converter Market – Revenue and Forecast to 2030 (US$ Million) – by Rate Of Converter

Table 7.          North America Data Converter Market – Revenue and Forecast to 2030 (US$ Million) – by End user

Table 8.          North America Data Converter Market – Revenue and Forecast to 2030(US$ Million) – by Country

Table 9.          United States: North America Data Converter Market – Revenue and Forecast to 2030(US$ Million) – by Type

Table 10.        United States: North America Data Converter Market – Revenue and Forecast to 2030(US$ Million) – by Resolution

Table 11.        United States: North America Data Converter Market – Revenue and Forecast to 2030(US$ Million) – by Rate Of Converter

Table 12.        United States: North America Data Converter Market – Revenue and Forecast to 2030(US$ Million) – by End user

Table 13.        Canada: North America Data Converter Market – Revenue and Forecast to 2030(US$ Million) – by Type

Table 14.        Canada: North America Data Converter Market – Revenue and Forecast to 2030(US$ Million) – by Resolution

Table 15.        Canada: North America Data Converter Market – Revenue and Forecast to 2030(US$ Million) – by Rate Of Converter

Table 16.        Canada: North America Data Converter Market – Revenue and Forecast to 2030(US$ Million) – by End user

Table 17.        Mexico: North America Data Converter Market – Revenue and Forecast to 2030(US$ Million) – by Type

Table 18.        Mexico: North America Data Converter Market – Revenue and Forecast to 2030(US$ Million) – by Resolution

Table 19.        Mexico: North America Data Converter Market – Revenue and Forecast to 2030(US$ Million) – by Rate Of Converter

Table 20.        Mexico: North America Data Converter Market – Revenue and Forecast to 2030(US$ Million) – by End user

Table 21.        Heat Map Analysis by Key Players

Table 22.        List of Abbreviation

 

LIST OF FIGURES

Figure 1.         North America Data Converter Market Segmentation, by Country

Figure 2.         Ecosystem: North America Data Converter Market

Figure 3.         North America Data Converter Market – Key Market Dynamics

Figure 4.         Impact Analysis of Drivers and Restraints

Figure 5.         North America Data Converter Market Revenue (US$ Million), 2020 – 2030

Figure 6.         North America Data Converter Market Share (%) – by Type (2022 and 2030)

Figure 7.         ADC: North America Data Converter Market – Revenue and Forecast to 2030 (US$ Million)

Figure 8.         DAC: North America Data Converter Market – Revenue and Forecast to 2030 (US$ Million)

Figure 9.         North America Data Converter Market Share (%) – by Resolution (2022 and 2030)

Figure 10.      10 Bit: North America Data Converter Market – Revenue and Forecast to 2030 (US$ Million)

Figure 11.      12 Bit: North America Data Converter Market – Revenue and Forecast to 2030 (US$ Million)

Figure 12.      14 Bit: North America Data Converter Market – Revenue and Forecast to 2030 (US$ Million)

Figure 13.      16 Bit: North America Data Converter Market – Revenue and Forecast to 2030 (US$ Million)

Figure 14.      Others: North America Data Converter Market – Revenue and Forecast to 2030 (US$ Million)

Figure 15.      North America Data Converter Market Share (%) – by Rate Of Converter (2022 and 2030)

Figure 16.      Upto 50 Msps: North America Data Converter Market – Revenue and Forecast to 2030 (US$ Million)

Figure 17.      51 to 100 Msps: North America Data Converter Market – Revenue and Forecast to 2030 (US$ Million)

Figure 18.      101 to 200 Msps: North America Data Converter Market – Revenue and Forecast to 2030 (US$ Million)

Figure 19.      201 to 500 Msps: North America Data Converter Market – Revenue and Forecast to 2030 (US$ Million)

Figure 20.      501 Msps to 1 Gsps: North America Data Converter Market – Revenue and Forecast to 2030 (US$ Million)

Figure 21.      Above 1 Gsps: North America Data Converter Market – Revenue and Forecast to 2030 (US$ Million)

Figure 22.      North America Data Converter Market Share (%) – by End user (2022 and 2030)

Figure 23.      Automotive: North America Data Converter Market – Revenue and Forecast to 2030 (US$ Million)

Figure 24.      Communications: North America Data Converter Market – Revenue and Forecast to 2030 (US$ Million)

Figure 25.      Consumer Electronics: North America Data Converter Market – Revenue and Forecast to 2030 (US$ Million)

Figure 26.      Industrial: North America Data Converter Market – Revenue and Forecast to 2030 (US$ Million)

Figure 27.      Medical: North America Data Converter Market – Revenue and Forecast to 2030 (US$ Million)

Figure 28.      Others: North America Data Converter Market – Revenue and Forecast to 2030 (US$ Million)

Figure 29.      North America Data Converter Market Breakdown, by Key Countries – Revenue (2022) (US$ Million)

Figure 30.      North America Data Converter Market Breakdown, by Key Countries, 2022 and 2030 (%)

Figure 31.      United States: North America Data Converter Market – Revenue and Forecast to 2030(US$ Million)

Figure 32.      Canada: North America Data Converter Market – Revenue and Forecast to 2030(US$ Million)

Figure 33.      Mexico: North America Data Converter Market – Revenue and Forecast to 2030(US$ Million)

Figure 34.      Company Positioning & Concentration

  • Analog Devices Inc                             
  • Asahi Kasei Microdevices Corp    
  • Cirrus Logic Inc                                   
  • Microchip Technology Inc              
  • On Semiconductor Corp                  
  • Renesas Electronics Corp             
  • ROHM Co Ltd                                       
  • STMicroelectronics NV                      
  • Teledyne Technologies Inc               
  • Texas Instruments Inc                       
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America data converter market.    
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the North America data converter market, thereby allowing players across the value chain to develop effective long-term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth North America market trends and outlook coupled with the factors driving the North America data converter market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.
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