Global General-Purpose Analog Integrated Circuit (IC) Market Size
Electrical And Electronics

Comprehensive General-Purpose Analog Integrated Circuit (IC) Market Analysis 2024: Size, Share, And Key Trends

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

The general-purpose analog integrated circuit (IC) market has shown strong growth, with its size increasing from $28.66 billion in 2023 to $30.41 billion in 2024, reflecting a compound annual growth rate (CAGR) of 6.1%. This growth is attributed to factors such as rising demand in consumer electronics, advancements in automotive electronics, growth in industrial automation, increasing adoption of IoT devices, expansion of wireless communication infrastructure, the need for efficient power management solutions, and continuous innovation in healthcare electronics. The market is expected to grow further, reaching $38.78 billion by 2028, with a CAGR of 6.3%. This forecasted growth is driven by advancements in automotive electronics, rising demand for consumer electronics, increased industrial automation, growing adoption of IoT devices, expansion of telecommunications infrastructure, development of renewable energy solutions, and advancements in healthcare technologies. Key trends anticipated include increased integration with AI applications, demand for power-efficient designs, growth in automotive electronics, expansion in IoT connectivity, advancements in sensor technologies, a shift towards miniaturization, and a heightened focus on cybersecurity features.

The increasing automation in the automotive industry is expected to propel the growth of the general-purpose analog integrated circuits (ICs) market going forward. Automation in the automotive sector involves adopting advanced technologies and robotics to perform tasks traditionally done by human operators, aiming to boost operational efficiency, safety, and production capabilities. The automotive industry is becoming more automated due to advances in artificial intelligence, machine learning, and robotics, which enable higher precision, faster production rates, lower labor costs, and improved car quality and durability. General-purpose analog ICs are essential in this automation, providing functionalities such as processing sensor signals, managing power distribution, and controlling automated systems like autonomous driving, adaptive cruise control, and advanced driver assistance systems (ADAS). For instance, according to a report published by the International Federation of Robotics in July 2023, annual robot installations in the automotive industry increased from 84,000 units in 2020 to 119,000 in 2021, with industrial robots comprising 42%. Therefore, the increasing automation in the automotive industry is driving the growth of the general-purpose analog ICs market.

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What Are The Key Trends That Influence General-Purpose Analog Integrated Circuit (IC) Market Share Analysis?
Major companies operating in the general-purpose analog integrated circuit (IC) market are developing advanced IC’s such as low-dropout (LDO) voltage regulators to minimize power consumption, which is critical for extending the operational lifespan. A low-dropout (LDO) voltage regulator is a type of linear regulator that produces a stable output voltage with a low voltage drop between the input and output, making it ideal for applications that require close alignment of input and output voltages, such as portable electronics and low-power equipment. For instance, in January 2023, Nisshinbo Micro Devices Inc., a Japan-based semiconductor company, launched the NR1600 series. These regulators are designed to offer consistent output voltages with little dropout, making them ideal for various consumer and industrial applications requiring precision voltage regulation. The NR1600 series has features such as configurable output voltage settings, soft-start time modification, power-good monitoring, and several trim packaging options to meet various application requirements.

Which Market Players Are Driving Growth In The General-Purpose Analog Integrated Circuit (IC) Market?
Major companies operating in the general-purpose analog integrated circuit (IC) market are Panasonic Corporation, Broadcom Inc., Texas Instruments Incorporated, STMicroelectronics N.V., Infineon Technologies AG, NXP Semiconductors N.V., Analog Devices Inc., Renesas Electronics Corporation, ON Semiconductor Corporation (ON semi), Microchip Technology Incorporated, Skyworks Solutions Inc., ROHM Co. Ltd., Vishay Intertechnology Inc., Nexperia B.V., Diodes Incorporated, Sanken Electric Co. Ltd., MaxLinear Inc., Semtech Corporation, Exar Corporation, Toshiba Electronic Devices & Storage Corporation

How Is The Global General-Purpose Analog Integrated Circuit (IC) Market Segmented?
1) By Type: General Purpose Components; Application Specific Analog Integrated Circuits (ICs)
2) By Application: Interface; Power Management; Signal Conversion; Amplifier Or Comparator
3) By Industry Vertical: Consumer Electronics; Telecom And Communication; Automotive; Healthcare

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The General-Purpose Analog Integrated Circuit (IC) Global Market Report 2024 provides an overview of the general-purpose analog integrated circuit (ic)market for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The general-purpose analog integrated circuit (ic) market forecast analyzes general-purpose analog integrated circuit (ic) market size, general-purpose analog integrated circuit (ic) market share, leading competitor and their market positions.

The Table Of Content For The General-Purpose Analog Integrated Circuit (IC) Market Include
1. General-Purpose Analog Integrated Circuit (IC) Market Executive Summary
2. General-Purpose Analog Integrated Circuit (IC) Market Segments
3. General-Purpose Analog Integrated Circuit (IC) Market Size And Template Market Growth Rate
4.  Key General-Purpose Analog Integrated Circuit (IC) Market Trends
5. Major General-Purpose Analog Integrated Circuit (IC) Market Drivers
……
25. Key Mergers And Acquisitions In The General-Purpose Analog Integrated Circuit (IC) Market
26. Top General-Purpose Analog Integrated Circuit (IC) Companies
27. General-Purpose Analog Integrated Circuit (IC) Market Opportunities And Strategies
28. General-Purpose Analog Integrated Circuit (IC) Market, Conclusions And Recommendations
29. Appendix

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