Transforming Data Acquisition: The Role of High-Speed Converters

High-Speed Data Converter Market was valued at USD 3.0 billion in 2022 and is projected to reach USD 4.3 billion by 2028; it is expected to grow at a CAGR of 6.4% from 2023 to 2028. Factors accelerating the growth of the high-speed data converter market are the growing demand for high-resolution images in scientific and medical applications, rising demand for test & measurement (T&M) solutions by end users, and increasing adoption of technologically advanced data acquisition systems.

Analog-to-digital converter segment to account for the largest share during the forecast period.

Analog-to-digital converter holds the largest market share and is expected to retain its position during the forecast period by growing at the highest growth rate. The increasing penetration of IIoT in the industrial sector, the growth potential of industrial control and factory automation, and the rising demand for programmable logic controllers (PLCs) are expected to generate the demand for analog-to-digital converters.

The medical application segment in the Asia Pacific region accounts for the largest share during the forecast period.

The medical application holds the largest market share in the Asia Pacific region and is expected to retain its position during the forecast period. Asia Pacific is witnessing a surge in the adoption of advanced medical imaging technologies like MRI, CT scans, ultrasound, and digital X-ray. These modalities rely heavily on high-speed data converters for high-fidelity signal acquisition and conversion, leading to more accurate diagnoses, better treatment planning, and improved patient outcomes. Also, the Asia Pacific region is at the forefront of adopting telemedicine and remote healthcare solutions. These technologies rely on high-speed data transmission and conversion for real-time patient monitoring, remote consultations, and data analysis. This creates a significant demand for high-speed data converters with low latency and high accuracy.

North America holds the second-largest market share throughout the forecast period.

North America is likely to account for the second-largest market share of the overall high-speed data converter market during 2023 to 2028. End users in North America are widely using test & measurement solutions for the better delivery of video, audio, and data services. The growing demand for test & measurement equipment is expected to be one of the key drivers for the growth of the high-speed data converter market in North America. The developed medical equipment manufacturing industry is also expected to generate the demand for high-speed data converters in the coming years.

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Key Players

The report profiles key high-speed data converter players and analyzes their market shares. Players profiled in this report are Texas Instruments Incorporated (US); Analog Devices, Inc. (US); Infineon Technologies AG (Germany); Microchip Technology Inc. (US); STMicroelectronics (Switzerland); Teledyne Technologies Incorporated (US); ROHM CO., LTD. (Japan); Renesas Electronics Corporation (Japan); Synopsys, Inc. (US); ADSANTEC (US), are some major players.

1 INTRODUCTION (Page No. — 25)

1.1 STUDY OBJECTIVES

1.2 MARKET DEFINITION

1.2.1 INCLUSIONS AND EXCLUSIONS

1.3 STUDY SCOPE

1.3.1 MARKETS COVERED

FIGURE 1 HIGH-SPEED DATA CONVERTER MARKET SEGMENTATION

1.3.2 REGIONAL SCOPE

1.3.3 YEARS CONSIDERED

1.4 CURRENCY CONSIDERED

1.5 UNITS CONSIDERED

1.6 STAKEHOLDERS

1.7 RECESSION IMPACT

2 RESEARCH METHODOLOGY (Page No. — 29)

2.1 RESEARCH DATA

FIGURE 2 HIGH-SPEED DATA CONVERTER MARKET: RESEARCH DESIGN

2.1.1 SECONDARY DATA

2.1.1.1 Major Secondary Sources

2.1.1.2 Key data from secondary sources

2.1.2 PRIMARY DATA

2.1.2.1 Interviews with Experts with experts

2.1.2.2 Key data from primary sources

2.1.2.3 Key industry insights

2.1.2.4 Breakdown of primaries

2.1.3 SECONDARY AND PRIMARY RESEARCH

2.2 MARKET SIZE ESTIMATION

FIGURE 3 RESEARCH FLOW OF MARKET SIZE ESTIMATION

2.2.1 BOTTOM-UP APPROACH

FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH

2.2.2 TOP-DOWN APPROACH

2.2.2.1 Approach used to capture market size from the supply side

FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH

2.3 MARKET BREAKDOWN AND DATA TRIANGULATION

FIGURE 6 DATA TRIANGULATION

2.4 RESEARCH ASSUMPTIONS

2.5 PARAMETERS CONSIDERED TO ANALYZE RECESSION IMPACT ON HIGH-SPEED DATA CONVERTER MARKET

2.6 RISK ASSESSMENT

2.7 RESEARCH LIMITATIONS