Isolation Amplifier Market Research Report – Forecast to 2023
The isolation amplifier market is growing rapidly, witnessing rising production and sales. The market growth attributes to the increasing demand for isolation amplifiers from the burgeoning telecom industries. Increasing isolation amplifiers usages in the medical and industrial sector substantiate the growth of the market. Capabilities of isolation amplifiers to prevent current leakages while reducing noise fuel the growth of the market.
Moreover, the emergence of precision isolated amplifiers and its rising power monitoring applications, data acquisition, test equipment, and industrial process control escalate market growth. According to Market Research Future (MRFR), the global isolation amplifier market is projected to grow at 10.4% CAGR during the assessment period (2017-2023).
Increasing penetration of mobile data networks substantiates the growth of the market. Also, safety concerns promote isolation amplifier applications in medical institutions and hospitals. Additionally, the increasing penetration of networks and internet users creates a tremendous demand for isolation amplifiers. Rising internet users worldwide, primarily in cities, act as a key tailwind for the isolation amplifier market growth, increasing the data traffic.
Conversely, high prices of three-port amplifiers are a significant factor estimated to obstruct the market growth, restricting the large-scale adoption of isolation amplifiers. Also, high prices of components used network and power solutions affect market growth. Nevertheless, the rising communication networking technologies and the transition of customers to faster data speed support the market growth throughout the assessment period, providing bandwidths.
Global Isolation Amplifier Market - Segments
The report is segmented into three dynamics;
By Type: Analog and Digital.
By Application: Medical {Electroencephalogram (EEG), Electrocardiography (ECG), others}, Industrial (Current Shunt Measurement, Industrial Process Control, others), Telecommunication, and others (Nuclear).
By Regions : North America, Europe, APAC, and Rest-of-the-World (RoW).
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Global Isolation Amplifier Market - Geographical Analysis
North America dominates the global isolation amplifier market. The region has technologically advanced industries. The largest market share attributes to the enormous demand, particularly from medical devices industries. Besides, the strong presence of notable players and well-developed technology development centers drives the growth of the regional market, allowing the early adoption of advanced amplifiers.
The fast adoption of technology and trends allows the region to attain the first position. Also, the growing telecom industry verticals substantiate the growth of the regional market. The US is currently the leading nation of the region, generating the maximum revenue. The North American isolation amplifier market is projected to retain its leading position throughout the review period.
Europe stands second in the global isolation amplifier market. The region perceives a massive uptake of isolation amplifier due to the burgeoning telecom industries in the UK and Germany. Additionally, the presence of notable manufacturers, increasing demand for digital technologies, and growing technological advancements boost the regional market growth. The European isolation amplifier market is anticipated to generate a substantial revenue pocket during the assessment period.
The Asia Pacific isolation amplifier market is emerging as a lucrative market globally. Factors such as the growing technical advancements and focuses on advanced integrated technologies to improve industrial process control and shunt measurement influence the regional market growth.
Besides, the availability of powerful technologies at affordable costs boosts the growth of the regional market growth. Japan, China, and India hold key shares in the isolation amplifier market in the region. The APAC isolation amplifier market is expected to grow at an impressive CAGR during the forecast period.
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Global Isolation Amplifier Market - Competitive Landscape
Highly competitive, the isolation amplifier market appears fragmented due to the presence of several well-established players. To gain a larger competitive share, players incorporate strategies like mergers & acquisition, collaboration, expansion, and technology/product launch. Isolation amplifier manufacturers make substantial investments to transform the consumer and business landscape, driving the expansion of product line and global footprint.
Major Players:
- DRAGO Automation GmbH (Germany)
- Broadcom Pte. Ltd. (US)
- Analog Devices, Inc. (US)
- Eaton Corporation PLC (Ireland)
- Würth Elektronik GmbH & Co. KG (Germany)
- Texas Instruments Inc. (US)
- Toshiba Corporation (Japan)
- Silicon Laboratories, Inc. (US)
- Dewetron GmbH (Austria)
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