ID: MRFR/SEM/2727-CR | August 2018 | Region: Global | 100 pages
Isolation amplifiers are components with dual functions of amplification and safety. It acts as a barrier against electrical shock and amplifies low voltage signals. These components are usually paired with transformers or small high voltage capacitors to isolate high currents. The global isolation amplifier market is touted to experience growth at a CAGR close to 10.4% during the assessment period (2018-2023), as per an insightful market report by Market Research Future (MRFR). The capacity of these amplifiers to prevent current leakage and reduce noise can fuel market demand in the coming years.
The increasing demand for noise cancellation and data protection in the telecommunication sector can fuel the market growth. Concerns regarding safety has found application for isolation amplifiers in medical institutions and hospitals. Emergence of precision isolation amplifiers coupled with its application in power monitoring, data acquisition, test equipment, and industrial process control can open up growth opportunities for the market. But high prices of three-port amplifiers can pose a challenge to the market.
The report covers the latest trends affecting the market to provide the most accurate forecasts and predictions. By correlating the historical data with key market dynamics, our analysts can make highly astute projections. MRFR’s report includes a thorough analysis of the global isolation amplifier market segmented by type, application, and region. Trends and opportunities are highlighted coupled with the market share of companies as well as their valuation in the market. It analyzes new revenue sources for players and outlines the various strategies implemented by players.
By type, the market is segmented into analog and digital. The digital isolation amplifier segment can be expected to be the biggest revenue generator owing to change in communication networking technologies and transition of customers to faster data speed providing bandwidths. Furthermore, the development of smart cities is expected to galvanize segment demand over the forecast period.
In terms of applications, the isolation amplifier market finds use in medical, industrial, nuclear, telecommunication, and others. The medical segment is expected to contribute maximum value to the market owing to demand for amplifiers in maintaining the stability of equipment. This is evident by the availability of cost-effective magnetic resonance imaging (MRI) amplifiers which maintain current flow and provide accurate readings.
The segments and sub-segments covered in the report are analyzed with respect to four major regions – North America, Europe, Asia Pacific (APAC), and the Rest-of-the-World (RoW), with respective country-level market sizing. The definition and advantages of the product “isolation amplifier” is outlined in the report for a comprehensive understanding of the market. The report discusses the various players involved in the value chain and their contributions to evaluate future opportunities within the market.
Noteworthy players in the isolation amplifier market include Broadcom Pte. Ltd. (U.S.), DRAGO Automation GmbH (Germany), Analog Devices, Inc. (U.S.), Würth Elektronik GmbH & Co. KG (Germany), Eaton Corporation PLC (Ireland), Texas Instruments Inc. (U.S.), Silicon Laboratories, Inc. (U.S.), Toshiba Corporation (Japan), and Dewetron GmbH (Austria). Companies are expanding into developing regions and establishing manufacturing units to further their footprint.
The report offers comprehensive profiles on these market players and assesses their current standing in the market. Company history coupled with annual turnover, profit margins, segmental share, SWOT analysis, growth strategies, new product launches, mergers and acquisitions (M&A) activities, and latest R&D initiatives are discussed in granular detail.
At MRFR, our research analysts conduct a thorough objective analysis of the market when creating market reports by adhering to a rigorous set of standards which allow a truly comprehensive view of the market. Use of primary research strategies such as interviews with top-level decision makers of various leading companies in the relevant market combined with secondary research provides a thorough analysis of past and present trends in a forward-looking manner. Additionally, market size estimation and validation use both top-down & bottom-up approaches to obtain data from the demand and supply-side. Credible resources are employed to assist analysts to understand the nuances of market factors with consistency. Competent data analysts use strong analytical tools to ascertain accurate analysis of very relevant parameters in an effort to provide clients with a conclusive and dependable view of the future.
For the scope of research, the report offers a comprehensive analysis of the global isolation amplifier market.
Frequently Asked Questions (FAQ) :
The global market for isolation amplifier market is slated to reach a market value of USD 13.06 billion by 2023.
The global isolation amplifier market is poised to generate substantial revenue at a 10% CAGR over the review period (2017-2023).
The rising cellular network penetration, and increasing demand of telecommunication services is likely to create opportunities for the market players.
The high cost of isolation amplifier systems, along with technological intricacies involved, are expected to impede the overall market growth.
The digital segment is expected to record the highest CAGR over the review period.
Moreover, the APAC market for a isolation amplifier is expected to expand at a 12.6% CAGR over the review period.
Global Isolation Amplifier Market – Summary
Simple yet complex, contrasting adjectives that define advancing technologies. Technologies by taking care of finer details of regular life have ushered in a simpler lifestyle previously unimaginable. However, resulting gadgets are itself complex when taken technical and manufacturing particulars into account. The devices often work better in-sync with other gadgets, and their coupling enhances the user experience. Isolation amplifiers mirrors this aspect impeccably. Its widespread, definitive use to better the user experience has made it imperative in sectors such as telecommunication or healthcare. The global market for it is expecting an impactful resonance during the forecast period (2018-2023).
The rising cellular network market is experiencing progressive methods that in no time have taken the market forward to long-term evolution (LTE) from second generation (2G) service. This advancement has been aptly backed by rising consumer base and high data rates. But it has also given rise to the demand for quality service assuring crisp voice and video transmission. By installing isolation amplifiers, telecommunication companies separate the analog signals to provide it necessary stability and enjoy benefits of secure data transmission.
Patient safety has been prioritized by hospitals and medical institutions, making the installation of isolation amplifiers essential. It can transform lives by giving patients uninterrupted service and at times, protecting them from high current value. Isolation amplifiers eliminate source ground connections by breaking ground loops and protect patients against shock, burns, electrochemical heating, and electrical stimulation of neuromuscular systems from electronic devices.
Optical isolation using fiber optic transmission is gaining much traction. Fiber optics are proving their worth by effectively reducing the noise and increasing signal quality in high-voltage measure settings. In analyzing the high-power circuit breaker, fiber optic cables are essential. Widespread use of erbium-doped fiber amplifiers (EDFA) can be ascribed to its low coupling loss and other advantages over semiconductor-based amplifiers. With optical isolators attached to it, the optical signal flows in only one direction and restricts any unwanted reflections to flow within the amplifier region.
Based on application, the market spans over medical, industrial, nuclear, and telecommunication. The medical sector is currently assuming the leading position and is also expecting the fastest CAGR of 12.4% during the forecast period. The stability and accuracy provided by isolation amplifiers have made it an indispensable component for the medical industry. Furthermore, the availability of cost-effective MRI amplifiers for ECG and EEG are gaining accolades from the medical fraternity.
Type-based segmentation of the market includes analog and digital. Analog is currently generating the maximum revenue and is expecting a CAGR of 9.1%. However, the digital segment is hoping to clobber analog considerably. It can achieve a staggering CAGR of 11.8% in the forthcoming years.
Regionally, the isolation amplifier market covers the opportunities in North America, Europe, Asia Pacific (APAC), and the Rest-of-the-World (RoW).
North America is the dominant market leader and can continue this streak over the forecast period. The region is technologically advanced and boasts off a well-structured industry that is eager to adopt the latest trends and utilize the same to its optimum potential. The U.S. is currently spearheading the market by generating USD 228.5 million in 2017. Its astounding CAGR of 9.9% will be higher than that of its other competitors such as Canada and Mexico.
Next-in-line is Europe. Manufacturers of healthcare instruments such as Siemens and Philips are giving the market the much-needed thrust. Germany generated the maximum revenue of USD 75.6 million in 2017 and is expected to witness a stellar CAGR of 12.6% during the forecast period.
Key players involved in the market for isolation amplifier are Toshiba Corporation (Japan), Eaton Corporation PLC (Ireland), Silicon Laboratories, Inc. (US), Texas Instruments Inc. (US), Wurth Elektronik (Germany), Analog Devices, Inc. (US), Dewetron GmbH (Austria), DRAGO Automation GmbH (Germany), Broadcom Pte. Ltd. (US), and others.
Rising demand for noise cancellation and data protection in Telecommunication is driving the isolation amplifier market creating a highly competitive landscape.
A few players dominate the isolation amplifier market. Of all, Texas Instruments Inc. is the leading provider of isolation amplifier enabled products, specializing in biomedical instrumentation and holds 12.09% share of the overall market. Recently, Texas Instruments acquired National Semiconductor Corp., an American semiconductor manufacturer of analog devices and subsystems, to increase company profit and expand its reach to additional markets.
Analog Devices, Inc. deals with designing, manufacturing, and marketing of analog, mixed-signal, and digital signal processing integrated circuits used in virtually all types of electronic equipment and holds 11.71% market share. Analog Devices Inc., has targeted at X-band and Ku-band phased-array antennas with an active analog beam-forming chip that includes four channels of transmitting and receiving gain and phase control, plus a transmit/receive switch for each channel.
Toshiba Corporation is operating in the business manufacturing and selling a wide range of electrical and electronic products, holding a 9.52% market share. The company’s strategy is explicitly focused on research and development for developing more and more innovative products. Moreover, the company is aiming to expand its global footprint in almost all the business segments by focusing on partnerships and acquisitions.
Silicon Laboratories, Inc. deals with the designing, developing, and supplying of a wide range of digital and analog semiconductor connectivity solutions and holds 8.81% market share. The Si8920 isolated analog amplifier, launched by Silicon Laboratories, is the fastest current sensing amplifier providing an ideal current shunt measurement solution for power control systems operating in industrial motor drives, solar inverters, high-voltage power converters, uninterruptible power supplies (UPS), and electric/hybrid-electric vehicle (EV/HEV) systems.
Wurth Elektronik is one of the largest manufacturers of electronic & electromechanical components and has specialized in prototypes and small and medium-sized orders. It holds a 6% market share. The company designs and manufactures inductors, RF inductors and LTCC components, transformers, components for circuit protection, power modules, LEDs, connectors, switches, power elements in press-fit technology, and assembly techniques.