China Data Converter Market Size By Industry (Communications, Industrial, Consumer Electronics), By Sampling Rate (High-Speed Data Converters, and General-Purpose Data Converters), By Type (Analog-to-Digital Converters, and Digital-to-Analog Converters), And Forecast

China Data Converter Market Size And Forecast

China Data Converter Market size was valued at USD 983.1 Million in 2021 and is projected to reach USD 1,686.8 Million by 2030, growing at a CAGR of 7.42% from 2023 to 2030.

China Data Converter Market by volume is 1020.0 Million Units in 2021 and is projected to reach 1671.5 Million Units by 2030, growing at a CAGR of 6.63% from 2023 to 2030.

The growing demand for mixed-signal ICs is one of the major factors anticipated to drive the growth of the market in the coming years. The China report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

What is Data Converter?

In electronics, a data converter generally refers to a circuit which converts analog to digital or vice-versa. These converters are majorly of two types i.e., analog to digital (ADC or A/D) and digital to analog converter (DAC or D/A). A/D converter (or ADC) converts a continuously varying analog signal to a stream of digital numbers representing the signal at various points in time. The ADC are further categorized in to five major type Successive Approximation (SAR) ADC, Delta-sigma (ΔΣ) ADC, Dual Slope ADC, Pipelined ADC and Flash ADC. Each type of ADC has its own characteristic, and application.

The use of type of ADC depends on various factors such as resolution, channel count, power consumption, size, conversion time, static performance, dynamic performance, and price. For low-speed applications, a sigma-delta ADC is expected to be appropriate choice. However, for faster signals SAR ADC or pipeline ADC is ideal choice. Some of A/D Converter Applications include Digital AudioDigital audio workstations, sound recording, pulse-code modulation; Digital signal processingTV tuner cards, microcontrollers, digital storage oscilloscopes; Scientific instrumentsDigital imaging systems, radar systems, temperature sensors. Digital-to-Analog Converters (or D/A converters or DACs) receive digital data (a stream of numbers) and output a voltage or current proportional to the value of the digital data.

China Data Converter Market Overview

Semiconductor products are witnessing augmented demand across various end-use industries including electronic devices and automotives among others. Semiconductor products such as chips/ ICs and wafers are largely used in fabrication of electronic devices. China is among one of the largest manufacturers of electronic devices and hence the consumption of these products including data converter ICs is consumed at a larger scale.

The widespread production of electronics, automotive and consumer goods has led to increased demand for semiconductors resulting in high imports. As of 2021, the country’s semiconductor imports accounted for nearly USD 378 billion. China currently possesses some notable strengths in the highly organized and layered global semiconductor supply chain. It is already one of the key leaders in outsourced assembly, packaging, and testing (OSAT). China’s major and important OSAT players are now ranked among the top 10 OSAT companies in the world, nearly accounting for 38% of the total OSAT market as of 2020.

The mixed signal ICs more often referred to as hybrid circuits are integrated circuits that contain both analogy and digital circuitry on one chip. The most common example of these is analog to digital converters (ADCs) and digital to analog converters (DACs). These ICs are widely being used in automotive, Internet of Things (IoT), imaging/display, industrial control, medical, sensors, radio frequency (RF), space and power management applications. The growing demand for mixed signal ICs is one of the major factors anticipated to drive the growth of the market in the coming years.

Telecommunications is one of the fastest growing applications for data converters. The use of A/D and D/A converters with high speed and low power consumption are utilized for various functions including direct-to-RF signal synthesis. The 4G and 5G wireless networks encompass a large number of signal bands, and that makes data converters a crucial part of the overall RF signal chain. With the emergence of 5G network, the demand for data converters is expected to further witnessed augmented growth.

China Data Converter MarketSegmentation Analysis

The China Data Converter Market is segmented on the basis of Industry, Sampling Rate, & Type.

China Data Converter Market, By Type

• Analog-to-Digital Converters• Digital-to-Analog Converters

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Based on Type, the market is bifurcated into Analog-to-Digital Converters, and Digital-to-Analog Converters. Analog-to-Digital Converters accounted for the largest market share in 2021. An Analog to digital converter is a device that changes the analog signal to digital. This converter is one kind of integrated circuit or IC that converts the signal directly from continuous form to discrete form.

China Data Converter Market, By Sampling Rate

• High-Speed Data Converters• General-Purpose Data Converters

On the basis of Sampling Rate, the China Data Converter Market has been segmented into High-Speed Data Converters, and General-Purpose Data Converters. High-Speed Data Converters accounted for the largest market share in 2021. High speed data converters represent one of the most challenging, important, and exciting analog and mixed-signal systems. The continuing expansion of broadband communications and high-performance imaging applications has put a particular emphasis on high-speed data conversion—data converters that can handle signals with bandwidths of 10 MHz to more than 1 GHz.

China Data Converter Market, by Industry

• Communications• Industrial• Consumer Electronics• Automotive• Medical• Others

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On the basis of Industry, the China Data Converter Market has been segmented into Communications, Industrial, Consumer Electronics, Automotive, Medical, Others. Communications accounted for the largest market share in 2021. The communication sector is stimulating the growth of the data converter market in China. This is mainly attributed to the widespread penetration of the 4G network and the recently emerged 5G communication network across the county.

Key Players

The major players in the market are Analog Devices Inc., Texas Instrument, Synopsys, Asahi Kasei Microdevices, Avia Semiconductor (Xiamen), Cirrus Logic, Inc., NXP Semiconductors, STMicroelectronics, Microchip Technology, and Renesas, and Others. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players.

Key Developments

• Analog Devices announced the acquisition of Maxim Integrated Products, Inc., a manufacturer of analog and mixed-signal integrated circuits for various industries. The acquisition helps Analog Devices strengthen its position as a high-performance analog semiconductor company.

• Renesas Electronics Corporation acquired Intersil an American semiconductor company. Following the acquisition the plans to continue operations at Intersil’s production facility in Palm Bay, Florida and California, U.S. Now, Intersil Corporation operates as a subsidiary of Renesas, and continue to provide continued support and future product development for power management and precision analog solutions.

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• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

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