Global Optocouplers Market Growth 2023-2029
An optocouplers, also called opto-isolator, optical coupler, opto coupler, photocoupler or optocouplers, is a passive optical component that can combine or split transmission data (optical power) from optical fibers. It is an electronic device which is designed to transfer electrical signals by using light waves in order to provide coupling with electrical isolation between its input and output. The main purpose of an optocoupler is to prevent rapidly changing voltages or high voltages on one side of a circuit from distorting transmissions or damaging components on the other side of the circuit.
An optocoupler contains a light source often near an LED which converts electrical input signal into light, a closed optical channel and a photosensor, which detects incoming light and either modulates electric current flowing from an external power supply or generates electric energy directly. The sensor can either be a photoresistor, a silicon-controlled rectifier, a photodiode, a phototransistor or a triac.
LPI (LP Information)' newest research report, the “Optocouplers Industry Forecast” looks at past sales and reviews total world Optocouplers sales in 2022, providing a comprehensive analysis by region and market sector of projected Optocouplers sales for 2023 through 2029. With Optocouplers sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Optocouplers industry.
This Insight Report provides a comprehensive analysis of the global Optocouplers landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Optocouplers portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Optocouplers market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Optocouplers and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Optocouplers.
The global Optocouplers market size is projected to grow from US$ 1945.6 million in 2022 to US$ 2833.8 million in 2029; it is expected to grow at a CAGR of 2833.8 from 2023 to 2029.
ON Semiconductor, Toshiba and Broadcom captured the top 3 revenue share spots in the optocouplers market. ON Semiconductor dominated with 14% revenue share, followed by Broadcom with about 10% revenue share.
USA occupied the largest production market share with 26%. It is followed by China.
There are 4 classification of optocoupler in this report: transistor output optocouplers, high speed optocouplers, triac & SCR output optocouplers, IGBT/MOSFET gate drivers optocouplerso. The IGBT/MOSFET segment was estimated to account for the largest share of 32%.
This report presents a comprehensive overview, market shares, and growth opportunities of Optocouplers market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Transistor Output Optocouplers
High Speed Optocouplers
Triac & SCR Output Optocouplers
IGBT/MOSFET Gate Drivers Optocouplers
Others
Segmentation by application
3C Products
Industrial
Automotive
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
ON Semiconductor
Toshiba
Broadcom
Vishay Intertechnology
Renesas
Sharp
LiteOn
ISOCOM
Everlight Electronics
NTE Electronics
IXYS Corporation
Standex Electronics
KENTO
Panasonic
Qunxin
Cosmo Electronics
Lightning Optoelectronic
Hualian
Orient
Galaxy
Key Questions Addressed in this Report
What is the 10-year outlook for the global Optocouplers market?
What factors are driving Optocouplers market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Optocouplers market opportunities vary by end market size?
How does Optocouplers break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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