Press release
Operational Amplifier Market 2020 - low-power ICs Segment to Grow Significantly By 2025
Operational Amplifier Market
Operational Amplifier Market, By Type
• General purpose
• High precision
• Low noise
• Low power
• Low voltage amplifier
Operational Amplifier Industry, By Application
• Automatic control system
• Medical
• Test & measurement
• Vehicle electronics
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Increasing advancements in the automotive industry are creating several opportunities for operational amplifier market growth. These devices enable quick and easy integration into signal processing in motor vehicles and can withstand high temperatures up to 150°C. The combination of automotive sensors and these amplifiers increases safety and security while enhancing driver comfort. Moreover, these amplifiers are used in automotive lighting and audio head units of vehicles as they easily amplify small audio signals and provide a large amount of flexibility in features for automotive LED driver systems.
The amplifiers necessitate designing under the engineers’ control and directly may affect the receiver noise figure, dynamic range, bandwidth, sensitivity, and linearity. Matching and controlling these characteristics increase the demand for highly skilled technicians, to operate the system, resulting in increased labor and production costs thereby hampering the operational amplifier industry growth. Moreover, the industry is highly fragmented owing to the presence of several manufacturers, leading to reduced price margins.
Technological advancements coupled with the increasing utilization of IoT applications will provide significant growth opportunities to the operational amplifier market. These devices offer power-saving capabilities, making them affordable for products incorporated with IoT technology. The development of wireless network technology in emerging economies has led to a rise in the demand for high-power efficiency amplifiers. Moreover, the evolution of advanced process technology, such as CMOS, BiCMOS, or Complementary Bipolar (CB), in microelectronics components is anticipated to provide lucrative opportunities to the players operating in the operational amplifier market.
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Asia Pacific accounted for the majority of the operational amplifier market share owing to rapid technological advancements in the field of electronics & semiconductor industries. The growth is majorly dominated by countries such as China, India, Taiwan, and Japan, with China being the manufacturing hub for electronics & semiconductor industry in the region. Moreover, government initiatives, such as Make in India and Made in China, are further boosting the semiconductor industry. For instance, in September 2018, the Chinese government announced the expansion goal of the semiconductor industry with an aim to reach USD 305 billion revenue by 2030 and meeting 80% of the domestic demand. Such intervention will increase the growth and development of the operational amplifier industry.
Key players operating in the operational amplifier market are ON Semiconductor, Texas Instruments Inc., Cirrus Logic, Inc., NXP Semiconductors, STMicroelectronics, Analog Devices, Inc., Fairchild Semiconductor, KEC Holdings, Maxim Integrated, and API Technologies Corp, among others.
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