Asia Pacific Digital Isolators Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type (Optical Coupling, Magnetic Coupling, Capacitive Coupling, and Giant Magnetoresistive) and Application (SMEs and Large Enterprises)

Asia Pacific Digital Isolators Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type (Optical Coupling, Magnetic Coupling, Capacitive Coupling, and Giant Magnetoresistive) and Application (SMEs and Large Enterprises)

The Asia Pacific digital isolators market is expected to grow from US$ 793.96 million in 2022 to US$ 1,393.75 million by 2028. It is estimated to grow at a CAGR of 9.8% from 2022 to 2028.

Growing Electric Vehicle Fleets is Driving the Asia Pacific Digital Isolators Market

The assembly of electric vehicles involves many electronic components, including digital isolators that are used in battery management systems, isolated fieldbus, inverters, and chargers. The rising fleet of electric vehicles is expected to generate new market opportunities for vendors in the Asia Pacific digital isolators market during the forecast period. The deliveries of battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs) are rapidly increasing at a double-digit Y-o-Y growth rate in different countries. The number of deliveries across the country surged from ~1.15 million in H1 2021 to ~2.45 million in H1 2022. Such a rise in electric vehicle manufacturing indicates high demand for battery management systems, inverters, and chargers. A surge in the production of these systems is projected to boost the adoption of digital isolators across the electric vehicle industry .

Asia Pacific Digital Isolators Market Overview

The Asia Pacific digital isolators market is segmented into China, Japan, India, South Korea, Australia, and the Rest of Asia Pacific. The increasing use of smart devices and automobiles propels the demand for digital isolators in the region. Automobiles, consumer electronics, medical care, and other leading industries in the region are developing with the wave of digital isolator applications. Increasing digitization and the emergence of Industry 4.0 are accelerating industrial and factory automation. Digital isolation in the industrial environment provides signal isolation and level-shifting to help ensure correct circuit operation and insulate devices to protect people, assets, and data from high voltage and hazards.

South Korea, Japan, China, and Taiwan are four leading semiconductor developers in Asia Pacific. In the region, the demand for laptops, smartphones, personal computers, and other electronic devices grew significantly since the COVID-19 pandemic. With the heavy production of all modern electronic devices, the need for automated testing increases with the help of digital isolators. Hence, the demand for digital isolators continues to grow in the region. The growing demand for communication systems and consumer equipment in Asia Pacific is anticipated to boost the growth of the Asia Pacific digital isolators market in the region during the forecast period.

Asia Pacific Digital Isolators Market Revenue and Forecast to 2028 (US$ Million)

Asia Pacific Digital Isolators Market Segmentation

The Asia Pacific digital isolators market is segmented into type, application, and country.

Based on type, the Asia Pacific digital isolators market has been segmented into optical coupling, magnetic coupling, capacitive coupling, and giant magnetoresistive. In 2022, The capacitive coupling segment registered the largest share in the Asia Pacific digital isolators market. Based on of application, the Asia Pacific digital isolators market has been bifurcated into SMEs and large enterprises. In 2022, The SMEs segment held a larger share in Asia Pacific digital isolators market. Based on country, the Asia Pacific digital isolators market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. China dominated the market share in 2022. Analog Devices Inc, Broadcom Inc, Infineon Technologies AG, Mornsun Guangzhou Science & Technology Co Ltd, Nexperia BV, On Semiconductor Corp, Skyworks Solutions Inc, Texas Instruments Inc, and Vicor Corp are the leading companies operating in the Asia Pacific digital isolators digital isolators market.

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