Optocoupler IC Market Research Report – Global Forecast till 2027

Optocoupler IC Market Research Report: By Type (High Linearity Optocouplers, High-Speed Optocouplers, Logic Output Optocouplers, MOSFET Output Optocouplers, Transistor Output Optocouplers, TRIAC & SCR Output Optocouplers, and others), by Pin (4-Pin, 5 Pin, 6 Pin, and 7 Pin), Vertical (Automotive, Aerospace & Defense, Solar, Consumer Electronics and others) and Region (North America, Europe, Asia-Pacific, Middle East & Africa and South America) - Forecast till 2027

ID: MRFR/SEM/7196-HCR | February 2021 | Region: Global | 100 pages

Market Synopsis


Global Optocoupler IC Market was valued at USD 1.86 Billion in 2018; it is expected to reach USD 2.55 Billion by the end of the forecast period at a CAGR of 6.5%.


Optocoupler, also known as opto-isolator, photocoupler or optical isolator, is an electronic component that can transfer an electrical signal between two isolated circuits by using a light-sensitive optical interface. The two major components of an optocoupler are LED and photosensitive transistor. Optocoupler ICs have a number of applications in audio processors, audio amplifiers, MEMS microphones, and subsystems.


Increasing demand for smart home devices and the need for compact and energy-efficient optocoupler ICs are the key factors contributing to the growth of the optocoupler IC market. The electronics industry all over the world is currently being affected by stringent regulations regarding environment and energy efficiency, which has led to various developments such as miniaturization and convergence of almost all daily-use electronic devices. The rising demand for device miniaturization is expected to create opportunities for vendors operating in the global optocoupler IC market during the forecast period.


The Global Optocoupler IC Market has been segmented based on Type, Pin, Vertical, and Region


By type, the market has been segmented into high linearity optocouplers, high-speed optocouplers, logic output optocouplers, MOSFET output optocouplers, transistor output optocouplers, TRIAC & SCR output optocouplers, and others. The high-speed optocouplers are expected to register the highest CAGR during the forecast period. In 2019, Vishay Intertechnology launched two series of optocouplers— VOT8024A and VOT8121A. These new series of optocouplers assist in controlling inductive, capacitive, and resistive loads such as motors, TRIACs, relays, and solenoids, by isolating low voltage logic from 120 VAC, 240 VAC, and 380 VAC lines


By pin, the market has been segmented into 4-pin, 5-pin, 6-pin, and 7-pin. In 2018, the 4-pin optocouplers were estimated to hold the largest market share; however, the 7-pin optocouplers are expected to register the highest CAGR during the forecast period.


By vertical, the market has been segmented into automotive, aerospace & defense, solar, consumer electronics. The automotive segment is expected to witness the highest CAGR during the forecast period. In July 2018, Toshiba Electronic Devices & Storage Corporation launched a new analog output IC photocoupler designed specifically for high-speed communications in automotive applications.


Global Optocoupler IC Market  Optocoupler IC Market


Source: MRFR Analysis


Segmentation


The Global Optocoupler IC Market has been segmented based on Type, Pin, Vertical, and Region.


By type, the optocoupler IC market has been segmented into high linearity optocouplers, High-Speed optocouplers, logic output optocouplers, MOSFET output optocouplers, transistor output optocouplers, TRIAC & SCR output optocouplers, and others.


By pin, the optocoupler IC market has been segmented into 4-pin, 5-pin, 6-pin, and 7-pin.


By vertical, the optocoupler IC market has been segmented into automotive, aerospace & defense, solar, consumer electronics, and others.


By region, the optocoupler IC market has been segmented into North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.


Regional Analysis


The global market for optocoupler IC is estimated to grow at a significant rate during the forecast period from 2019 to 2025. The geographical analysis of the optocoupler IC market has been done for North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.


North America dominated the optocoupler IC market due to rising advancement in technology and increasing demand for consumer electronics devices such as smartphones, computers, and others. The US holds the largest share for the optocoupler IC market in North America due to the increased adoption of optocoupler ICs in the automotive and consumer electronics industries. Moreover, the presence of various manufacturers of optocoupler ICs such as Vishay Intertechnology, Inc Semiconductor Components Industries LLC, and Broadcom Inc. plays a significant role in the growth of the market. Apart from that, increased investments made by various US-based companies in the automotive industry are expected to fuel the demand for optocoupler ICs over the forecast period.  


Competitive landscape


The global optocoupler IC market is characterized by the presence of several global electronic component manufacturers and semiconductor fabrication companies. The competition among the existing and new players for shares in the market is highly intense. Quality, performance, and reliability of ICs are some of the factors that help vendors to sustain in an intensely competitive market. Furthermore, technological advancements for the adoption of optocoupler IC across automotive and consumer electronics sectors are expected to fuel the growth of the optocoupler IC market during the forecast period. In 2019, Southwest Research Institute developed a high-reliability, high-voltage optocoupler for spaceflight applications. The device was selected by NASA as a power interface in the Europa Clipper spacecraft that is set to reach Jupiter’s moon Europa in the next five years.


Key Players


The key players in the optocoupler IC market are identified across all the major regions based on their country of origin, presence, recent key developments, product diversification, and industry expertise. Some of them are Renesas Electronics Corporation (Japan), Toshiba Corporation (Japan), Semiconductor Components Industries LLC (US), Broadcom Inc (US), Vishay Intertechnology, Inc (US), Lite-On Technology  Inc (Taiwan), Taiwan Semiconductor Mfg. Co. Ltd. (Taiwan), Everlight Electronics Co., Ltd. (Taiwan), Infineon Technologies AG (Germany), IXYS Corporation (US), Panasonic Corporation (Japan), Phoenix Contact (Germany), Sharp Corporation (Japan), Standex Electronics, Inc. (US) and TT Electronics (UK).


Intended Audience



  • IC Manufacturers

  • System Integrators

  • ODMs

  • Electronic Component Manufacturers

  • Resellers and Distributors

  • Consultancy and advisory firms

  • Research Institutes and Organizations

  • Technology Standards Organizations



Report Scope:
Report Attribute/Metric Details
  Market Size   USD 2.55 Billion
  CAGR   6.5%
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Billion)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Type, Pin, Vertical
  Geographies Covered    North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Renesas Electronics Corporation (Japan), Toshiba Corporation (Japan), Semiconductor Components Industries LLC (US), Broadcom Inc (US), Vishay Intertechnology, Inc (US), Lite-On Technology Inc (Taiwan), Taiwan Semiconductor Mfg. Co. Ltd. (Taiwan), Everlight Electronics Co., Ltd. (Taiwan), Infineon Technologies AG (Germany), IXYS Corporation (US), Panasonic Corporation (Japan), Phoenix Contact (Germany), Sharp Corporation (Japan), Standex Electronics, Inc. (US) and TT Electronics (UK)
  Key Market Opportunities   The rising demand for device miniaturization.
  Key Market Drivers

  • Increasing demand for smart home devices.
  • The need for compact and energy-efficient optocoupler ICs.


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    Frequently Asked Questions (FAQ) :


    The mounting demand for device miniaturization can be the top growth opportunity in the market.

    TRIAC & SCR output optocouplers, MOSFET output optocouplers, high-speed optocouplers, high linearity optocouplers, transistor output optocouplers, logic output optocouplers, are the primary types in the market.

    Aerospace & defense, automotive, consumer electronics, and solar, are the vertical-based segments in the report.

    Increasing advancements in technology combined with the mounting demand for consumer electronics devices like smartphones and computers are the factors that the market growth in North America is dependent on.

    In 2020, Southwest Research Institute came up with a high-voltage optocoupler for applications in spaceflights. It was chosen by NASA in the Europa Clipper spacecraft which is expected to reach Jupiter’s moon Europa in the coming years.