Digital Isolator Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Digital Isolator Market
The digital isolator market size was valued at USD 2.12 billion in 2021, and the market is now projected to grow from USD 2.22 billion in 2022 to USD 3.88 billion by 2029, exhibiting a CAGR of 8.3% during the forecast period of 2022-2029.
The outbreak of COVID-19 reduced the overall demand for isolation products because electronics manufacturing was affected. The consumers’ electronics raw material demand was affected since there were interruptions in the product manufacturing process, as various countries implemented lockdowns. China, India, and the U.S. some of the industrialized countries in the world have suffered a 2.5% decline in manufacturing activities in 2020.
Market growth for isolation products in consumer electronics and robotics is on the rise due to increased disposable income and expenditure on improved technologies. Worldwide sales of consumer electronics are expected to grow to $1 trillion within three years. Isolation devices are very useful in electronics circuit design to protect users and for activities in areas like high voltage areas etc.
Industrial automation systems are helping the industry adopt isolators, fundamental components for the reproducible noise reduction and data reliability in automation parts. Thus, the industrial automation market, originally estimated at USD 191.89 billion in 2021, will grow to USD 395.09 billion by 2029, with a 9.8% CAGR. Novel isolators are being released into the market by dominant vendors with the objective of improving production efficiency.
Comprehensive Analysis of Digital Isolator Market
The digital isolator market growth is rising at an exponential rate due to its market segmentation. This market expansion rightly provides a thorough market breakdown near to the industry considering the leading supply and demand forces. These segmentations are methodically segregated by technology analysis, by insulating material analysis, by data rate analysis, by channel type analysis and by industry vertical analysis. By technology analysis include capacitive coupling, magnetic coupling, giant magneto resistive, and others. By insulating material analysis include polyimide-based, silicon dioxide (Sio2)-based, and others. By data rate analysis include up to 25 Mbps, 25 – 75 Mbps, and above 75 Mbps. By channel type analysis include channel 2, channel 4, channel 6, channel 8, and others. By industry vertical analysis include medical devices, automotive, IT and telecommunications, aerospace & defense, consumer electronics, energy & power, and others.
The Asia Pacific region lead the digital isolator market share by benefitting a market size of USD 837.3 million in 2021 due to owing to the presence of manufacturers of isolator products.
The top players in the markets have a central responsibility in the semiconductor & electronics industry to be sure of industrial prospectus development and to establish the market norms. These players include, Texas Instruments Inc., Analog Devices Inc., Skyworks Solutions Inc., Broadcom Inc., Infineon Technologies, Rohm Semiconductor, STMicroelectronics N.V., Vicor Corporation, OnSemi, Murata Manufacturing Company Ltd. these market players provide a level-playing competitive landscape.
In May 2022, Texas Instruments introduced a solid-state relay portfolio to enhance EV safety.
Segmentation Table
ATTRIBUTE
DETAILS
Study Period
2018-2029
Base Year
2021
Estimated Year
2022
Forecast Period
2022-2029
Historical Period
2018-2020
Unit
Value (USD billion)
Segmentation
By Technology, Insulating Material, Data Rate, Channel Type, Industry Vertical, and Region
By Technology
Capacitive Coupling
Magnetic Coupling
Giant Magnetoresistive
Others (Inductive Coupling)
By Insulating Material
Polyimide-based
Silicon Dioxide (Sio2)-based
Others
By Data Rate
Up to 25 Mbps
25 – 75 Mbps
Above 75 Mbps
By Channel Type
Channel 2
Channel 4
Channel 6
Channel 8
Others (Channel 3, Channel 1)
By Industry Vertical
Medical Devices
Automotive
IT and Telecommunications
Aerospace & Defense
Consumer Electronics
Energy & Power
Others
By Region
North America (By Technology, Insulating Material, Data Rate, Channel Type, Industry Vertical, and Country)
- U.S. (By Industry Vertical)
- Canada (By Industry Vertical)
- Mexico (By Industry Vertical)
Europe (By Technology, Insulating Material, Data Rate, Channel Type, Industry Vertical, and Country)
- U.K. (By Industry Vertical)
- Germany (By Industry Vertical)
- France (By Industry Vertical)
- Italy (By Industry Vertical)
- Spain (By Industry Vertical)
- Rest of Europe
Asia Pacific (By Technology, Insulating Material, Data Rate, Channel Type, Industry Vertical, and Country)
China (By Industry Vertical)
Japan (By Industry Vertical)
India (By Industry Vertical)
Southeast Asia (By Industry Vertical)
Middle East & Africa (By Technology, Insulating Material, Data Rate, Channel Type, Industry Vertical, Country)
- GCC (By Industry Vertical)
- South Africa (By Industry Vertical)
- Rest of Middle East & Africa
South America (By Technology, Insulating Material, Data Rate, Channel Type, Industry Vertical, and Country)
- Brazil (By Industry Vertical)
- Argentina (By Industry Vertical)
- Rest of South America
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