Wireless communications, consumer electronics, industrial control, telecommunications, and many more applications depend on mixed-signal integrated circuits (ICs) and related VLSI technology. Their innovations continue to fuel the expansion of the corresponding semiconductor market. In contrast to digital logic and memory applications, mixed-signal ICs have various circuit and technological requirements. Due to advancements in technology, there has been a rise in demand for products with low overall power consumption. The functionality of configurable mixed signal IC allows analog and digital circuit to share adequate power supply especially required in the consumer electronics products. Additionally, multiple benefits associated with mixed signals IC’s such as improved performance and compact design have led to a significant contribution to the growth of the market globally.
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Increased cost, and the dearth of skilled professionals are elements that are likely to hinder the configurable mixed signal integrated circuit market growth to a certain extent. However, there are significant factors that impact the growth of the global configurable mixed signal integrated circuit market revenue which include the development of 5G technology and increase in demand for low power consumption electronics devices across numerous end use industries.
Application Segment Analysis: Global Configurable Mixed Signal Integrated Circuit Market
Based on the application, the automotive segment is anticipated to be the fastest growing segment by 2030 in the global configurable mixed signal integrated circuit market and is expected to grow at a compound annual growth rate (CAGR) of 6.59% during the forecast period. Additionally, car navigation and telematics sub-segment accounted for the highest share in the automotive segment. The CMICs enable OEMs to develop adaptable, easily customizable base platforms at no extra expense to the designer. As an example, Renesas Electronics Corporation unveiled a GreenPak customizable mixed-signal IC that is approved for usage in the automobile sector. The new SLG46620-A, part of the company’s GreenPAK platform, can replace dozens of components in automotive applications, which saves board space and reduces the bill of materials (BOM). Designers are under a lot of pressure due to the desire for smarter automobiles with technologies like networking, self-driving, safety measures and AI.
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Regional Insights: Global Configurable Mixed Signal Integrated Circuit Market
Asia Pacific region is anticipated to be the fastest growing region in the configurable mixed signal integrated circuit market during the forecast period 2022-2030. In the last ten years, the demand for consumer electronics has risen in countries like India, China and Japan leading to the growth of the configurable mixed signal integrated circuit market. Moreover the leading players are looking forward to mergers and acquisitions to expand their presence in Asia Pacific.
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The key market participants operating in the global configurable mixed signal integrated circuit market are:
- Analog Devices, Inc.
- Infineon Technologies
- NXP Semiconductor
- Renesas Electronics Corporation
- STMicroelectronics NV
- Telephonics Corporation
- Other Market Participants
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Global Configurable Mixed Signal Integrated Circuit Market
By Type
- Analog to Digital converters (ADCs)
- Digital to Analog Converters (DACs)
By Distribution Channel
- Online
- Offline
By Application
- Consumer Electronics
- Smartphones and Fitness Bands
- Personal Computers and Servers
- PC Peripherals
- Handheld and Portable Electronics
- Others
- Automotive
- Car Navigation and Telematics
- In-Car Infotainment/Dashboard
- Automotive Display Clusters
- Advanced Driver Assistance Systems (ADAS)
- Industrial
- Medical
- Others
By Region
- North America (U.S., Canada, Mexico, Rest of North America)
- Europe (France, The UK, Spain, Germany, Italy, Nordic Countries (Denmark, Finland, Iceland, Sweden, Norway), Benelux Union (Belgium, The Netherlands, Luxembourg), Rest of Europe
- Asia Pacific (China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia (Indonesia, Thailand, Malaysia, Singapore, Rest of Southeast Asia), Rest of Asia Pacific
- Middle East & Africa (Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest of Middle East & Africa)
- Latin America (Brazil, Argentina, Rest of Latin America)
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