The data converter in North America is expected to grow from US$ 1,849.77 million in 2022 to US$ 2,866.76 million by 2028. It is estimated to grow at a CAGR of 7.6% from 2022 to 2028.
Wireless infrastructure service providers - particularly 4G and 5G service providers - are continuously focused on decreasing the size and cost of newly installed wireless infrastructure while maintaining strict criteria for performance, functionality, and service quality. The analog-to-digital converter (ADC) is a crucial component that digitizes the incoming intermediate frequency (IF) signal and then transfers the data to the digital downconverter. Data conversion block is another crucial component in wireless infrastructure designs. Frequency translation and filtering can be moved from the analog to the digital domain to meet the rising demand for a high-bandwidth 5G spectrum. The AD9081/AD9082 mixed-signal RF converters from Analog Devices were launched as a part of this wave of digitization. Considering the call capacity available in existing 4G LTE base stations, these converters have been developed to install multi-band radios in the same framework as that of single-band converters, thereby enhancing the call capacity threefold. Companies in the data converter market are also coming up with solutions that can help in optimizing wireless applications. In March 2020, Renesas Electronics Corporation unveiled a next-generation wideband mm Wave synthesizer exhibiting the highest performance among the other products of its kind with features that are optimized for 5G and broadband wireless applications. The 8V97003 device by the company is used as the local oscillator (LO) for a precision reference clock for high-speed data converters in applications such as tests and measurements, optical networking, and data acquisition. The ultralow-output phase noise of the device makes it the best choice for 5G and other wireless applications. Thus, the use of 4G networks on a large scale and the rising demand for 5G networks is one of the key factors contributing to the data converter market growth.
Wireless infrastructure service providers - particularly 4G and 5G service providers - are continuously focused on decreasing the size and cost of newly installed wireless infrastructure while maintaining strict criteria for performance, functionality, and service quality. The analog-to-digital converter (ADC) is a crucial component that digitizes the incoming intermediate frequency (IF) signal and then transfers the data to the digital downconverter. Data conversion block is another crucial component in wireless infrastructure designs. Frequency translation and filtering can be moved from the analog to the digital domain to meet the rising demand for a high-bandwidth 5G spectrum. The AD9081/AD9082 mixed-signal RF converters from Analog Devices were launched as a part of this wave of digitization. Considering the call capacity available in existing 4G LTE base stations, these converters have been developed to install multi-band radios in the same framework as that of single-band converters, thereby enhancing the call capacity threefold. Companies in the data converter market are also coming up with solutions that can help in optimizing wireless applications. In March 2020, Renesas Electronics Corporation unveiled a next-generation wideband mm Wave synthesizer exhibiting the highest performance among the other products of its kind with features that are optimized for 5G and broadband wireless applications. The 8V97003 device by the company is used as the local oscillator (LO) for a precision reference clock for high-speed data converters in applications such as tests and measurements, optical networking, and data acquisition. The ultralow-output phase noise of the device makes it the best choice for 5G and other wireless applications. Thus, the use of 4G networks on a large scale and the rising demand for 5G networks is one of the key factors contributing to the data converter market growth.
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 increasing demand for high-resolution images in healthcare applications. The improved image quality can lead to quick diagnosis and treatment of any disease, which enhances physicians’ productivity. Also, the adoption of data converters is increasing in technologically advanced data acquisition systems, which drives the growth of the market in North America. The electronics industry is moving toward a trend that combines modular hardware and flexible software. The new modular systems have suitable signal conditioning and analog-to-digital conversion (ADC), as well as various interfacing sensors that support multiple data acquisition requirements, which raise the demand for data converters in the region.North America Data Converter Market Segmentation
The North America data converter is segmented into type, sampling rates, application , resolution, rate of converter and country.- Based on type, the market is segmented into DAC and ADC. The ADC segment registered the larger market share in 2022.
- Based on sampling rates , the market is segmented into high-speed converters and general/low speed converters. The high-speed converters segment held the larger market share in 2022.
- Based on application, the market is segmented into medical, industrial, communications, consumer electronics, automotive, and others. The consumer electronics segment held the larger market share in 2022.
- Based on resolution , the market is segmented into 10-14 bit, above 14-20 bit, and above 20 bit. The 10-14 bit segment held the larger market share in 2022.
- Based on rate of converter , the market is segmented into Below 100Msps, 100-500Msps, Above 500Msps-1Gsps, and Above 1Gsps-3Gsps .The Below 100Msps segment held the larger market share in 2022.
- Based on country, the market is segmented into US , Canada and Mexico. US dominated the market share in 2022. Analog Devices, Inc. ; Microchip Technology Inc. ; NXP Semiconductors ; Renesas Electronics Corporation ; ROHM CO., LTD. ; STMicroelectronics ; Synopsys, Inc. ; Texas Instruments Incorporated ; Omni Design Technologies, Inc. and ON Semiconductor Corporation are the leading companies operating in the data converter in the region.
Table of Contents
1. Introduction
3. Research Methodology
4. Data Converter Market Landscape
5. North America Data Converter Market - Key Market Dynamics
6. Data Converter Market - North America Analysis
7. North America Data Convertor Market - By Type
8. North America Data Convertor Market Analysis - By Sampling Rates
9. North America Data Convertor Market Analysis - By Application
10. North America Data Converter Market Analysis - by Resolution
11. North America Data Converter Market Analysis - by Rate of Converter
12. North America Data Converter Market - Country Analysis
13. Industry Landscape
14. Company Profile
15. Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Analog Devices, Inc.
- Microchip Technology Inc.
- Nxp Semiconductors
- Renesas Electronics Corporation
- Rohm Co., Ltd.
- Stmicroelectronics
- Synopsys, Inc.
- Texas Instruments Incorporated
- Omni Design Technologies, Inc.
- On Semiconductor Corporation
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 155 |
| Published | November 2022 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( $ | $ 1849.77 Million |
| Forecasted Market Value ( $ | $ 2866.76 Million |
| Compound Annual Growth Rate | 7.6% |
| Regions Covered | North America |
