Communication and protocol conversion; industrial control and measurement; 5G, wireless communications, wireline communications, LiDAR, and RADAR; automotive Ethernet; and image sensors are among the major applications in which data converters are used. With an increasing demand for real-time information in these applications, the requirement for data converters would continue to grow in the coming years. Data converters have the potential to support high-speed operations with great precision and ease, which is bolstering their demand in industrial, communication, consumer electronics, and medical application. They also simplify system design while enhancing accuracy, lowering power, boosting bandwidth, and decreasing costs.
Analog Devices, Inc., Texas Instruments Incorporated, NXP Semiconductors, STMicroelectronics, ROHM CO., LTD are the Prominent Market Participants in the Data Converter Market
Analog Devices, Inc., Texas Instruments Incorporated, NXP Semiconductors, STMicroelectronics, ROHM CO., LTD are the prominent market participants in the data converter market. The listing of key players is derived by considering multiple factors such as overall revenue, current data converter product portfolio, geographical reach, new product launches, market initiatives, and investment in technology up-gradation, partnerships, and other market-related activities. In addition to these players, there are several other important players operating in the data converter ecosystems which were studies analyzed during this market research study, such as Microchip Technology; Omni Design Technologies, Inc.; On Semiconductor; Renesas Electronics Corporation; and Synopsys, Inc.
Most of the market initiatives were observed in North America and APAC region, which have a high potential of market-related products, solutions, and services. Few of the important market initiatives from the industry are mentioned below:
| Year | Development | Region |
| 2022 | ROHM launched the D/A converter IC (DAC chip) BD34352EKV and the corresponding evaluation board BD34352EKV-EVK-001 – supporting the playback of high-resolution sound sources in high fidelity audio equipment. Designed to maximally extract and convert high resolution digital audio data to analog audio signals, audio DAC chips are one of the most important components for determining the quality in audio equipment. | Asia Pacific |
| 2021 | Texas Instruments (TI) launched the smallest 24-bit wideband analog-to-digital converter (ADC) that delivers industry-leading signal-measurement precision at wider bandwidths than competing ADCs. The ADS127L11, the newest product in TI’s portfolio of precision wideband ADCs, achieves ultra-precise data acquisition in a 50% smaller package, significantly optimizing power consumption, resolution, and measurement bandwidth for a wide range of industrial systems. | North America |
