Transparency Market Research announces the release of a new research report titled “Optocouplers Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021”. The report is available for sale on the company website. According to the publication, the global optocouplers market is anticipated to grow from a value of US$1.8 Bn in 2014 to US$3.2 Bn by 2021. If these values hold true, then analysts indicate that the optocouplers market will expand at a healthy CAGR of 8.20% from 2015 to 2021.
The
report identifies and analyzes the various factors that impact the
growth of the optocouplers market. According to the study, the
optocouplers
market is driven by rising demand for hybrid electric vehicles
and industry automation, advanced isolation technologies, and
economic growth in developing countries. While replacement of relays
with optocouplers and the strengthening purchasing power of consumers
are anticipated to boost the demand for optocouplers in the near
future, intrinsic wear-out, low data rate, and increased power
consumption are likely to challenge the growth of the optocouplers
market.
By
product type, the optocouplers market is divided into 6 pin
optocoupler, 4 pin optocoupler, IGBT gate driver, high-speed
optocoupler, isolation amplifier, and others. Making up for 53.10% of
the total market, the isolation amplifiers’ segment dominates the
optocouplers market.On the basis of application, the optocouplers
market is categorized into printer and imaging devices,
communication, industrial, automotive, signage, commercial, and
others. Among these, the industrial sector held 37.95% of the overall
optocouplers market in 2014, making it the leading application
segment in terms of value.
Geographically,
the global optocouplers market is segmented into North America, Asia
Pacific, Europe, and Rest of the World. In 2014, Europe accounted for
35.1% of the global market, making it the largest regional segment in
terms of revenue. This optocouplers market is driven by rising demand
from the automotive and industrial sector, rising demand for
automation in the manufacturing sector, increased demand for hybrid
electric vehicles, and growing applications in the communication
sector. Asia Pacific held almost 31.50% of the global optocouplers
market in 2014, making the second-largest regional segment. This
market is also fueled by growth of the automotive, communication, and
industrial sector.
A
key feature of the research report on the optocouplers market is the
assessment of the competitive landscape. Leading vendors are
identified and profiled in the optocouplers market on the basis of
aspects such as company and financial overview, recent developments,
product portfolio, and business strategies. The most prominent
players functioning in the global optocouplers market include Toshiba
Corporation, Maxwell Technologies, Texas Instruments, Analog Devices,
Inc., Renesas Electronics, Isocom Limited, Silicon Laboratories,
Inc., Vishay Intertechnology, Avago Technologies, and Fairchild
Semiconductor.
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