PUBLISHER: Acute Market Reports | PRODUCT CODE: 1128640
PUBLISHER: Acute Market Reports | PRODUCT CODE: 1128640
Optocoupler IC Market - Growth, Future Prospects and Competitive Analysis, 2022 - 2030
Key Market Insights
Growing penetration of smart home devices will enhance the market growth
The global optocoupler IC market is expanding significantly, anticipated to surge at a CAGR of 5.9% during the estimated period from 2022 to 2030, starting from US$ 2.05 Bn in 2021.
The optocoupler IC market is majorly driven by the rapid increase in the adoption of electric vehicles worldwide and the growing penetration of smart home devices. In 2021, the global smart home market was valued at around US$ 80 Bn and expected to grow with a CAGR of approximately 15% in years to come. The rapid growth of the smart home market will surge the demand for the optocoupler IC market during the forecast period. The growing penetration of various smart devices such as home healthcare, smart speaker, smart kitchen, security control, and others will also help the market to grow significantly in years to come.
Wide application of optocoupler IC in the industrial, as well as the automotive industry, is another factor driving the market growth. Rising investments worldwide for advanced technology innovations such as autonomous vehicles, industrial robots, and others will enhance the market growth in upcoming years. The growing need for faster communication systems and increasing demand for high-end automobiles is also helping the market to grow significantly. Therefore, the market will show substantial growth throughout the forecast period.
Application Analysis
Growing consumer electronics market will spur revenue growth
The consumer electronics segment has a substantial share in the market in 2021. Rapidly growing adoption of smart consumer electronic devices is the major factor for the substantial share of the segment. The global consumer electronics market is growing yearly at a rate of around 5.8%. Growth of the consumer electronics market in the emerging nations such as India, China, Indonesia and others will also enhance the segment growth.
Rising adoption of electric vehicles will boost the revenue growth
The automotive segment will be the fastest growing segment during the forecast period. The segment will show the fastest growth owing to the rapid adoption of electric vehicles worldwide. The global electric vehicles market was esteemed at nearly US$ 120.0 Bn in 2018 and is anticipated to grow with a CAGR of more than 16% in years to come. According to a recent report, electric vehicle sales have grown more than 60% to reach over 2 Mn units globally in 2018. Rising penetration of electric vehicles in Asia Pacific region will also boost the market revenue.
Regional Analysis
Rising technological advancements will enhance the market in North America
North America dominates the market in 2021 and contributed to nearly 1/3rd of the global revenue share in the same year. North America has the highest share owing to rising technological advancements, adoption of electric vehicles and growing demand for smart consumer electronic devices. The U.S is the largest contributor with more than 80% market share in the North America optocoupler IC market. Growing investments for adoption of electric vehicles and the presence of major market players (such as Broadcom, Inc., Vishay Intertechnology, Inc., Standex Electronics, Inc. and others) are the major factors for the dominance of the U.S.
Growing penetration of electric vehicles and consumer electronics will boost the market growth in Asia Pacific
The Asia Pacific segment is expected to be the fastest growing segment owing to rapidly growing consumer electronics and electronic vehicles market in the region. China leads the electric vehicles market with nearly 50% market share in 2018 with 1.1 Mn units. Rapidly growing consumer spending ratio and rising investments in the region for the adoption of technologically advanced products are some other factors responsible for the fastest growth of the region.
New product with advanced technology will be the key strategy by market players
The launch of the new product with advanced technological innovations will be the major key strategy for major market players. Mergers & acquisitions with different players will be another strategy during the forecast period.
Key Industry Development:
In December 2017, Everlight Electronics Co., Ltd. launched a 4-pin photocoupler with features such as high isolation voltage, operating temperature up to +1100C, and others.
In September 2017, Toshiba Corporation launched a new IC photocoupler "TLP2735". The new IC photocoupler is coupled with UVLO function for IPM drive and digital control switching power supplies.
List of Companies Covered:
Renesas Electronics Corporation
Toshiba Corporation
Broadcom, Inc.
Vishay Intertechnology, Inc.
Taiwan Semiconductor Mfg. Co. Ltd.
Everlight Electronics Co., Ltd.
Infineon Technologies AG
IXYS Corporation
Panasonic Corporation
Phoenix Contact
Standex Electronics, Inc.
TT Electronics
Historical & Forecast Period:
This study report represents analysis of each segment from 2020 to 2030 considering 2021 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2030.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Optocoupler IC market are as follows:
- Research and development budgets of manufacturers and government spending
- Revenues of key companies in the market segment
- Number of end users and consumption volume, price and value.
- Geographical revenues generate by countries considered in the report
Micro and macro environment factors that are currently influencing the Optocoupler IC market and their expected impact during the forecast period.
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
ATTRIBUTE DETAILS
Research Period 2020-2030
Base Year 2021
Forecast Period 2022-2030
Historical Year 2020
Unit USD Million
Segmentation
Type
High Linearity Optocouplers
High-speed Optocouplers
Logic Output Optocouplers
MOSFET Output Optocouplers
Transistor Output Optocouplers
TRIAC & SCR Output Optocouplers
Others
Pin
4 Pin
5 Pin
6 Pin
7 Pin
Application
Automotive
Consumer Electronics
Industrial
Others (Printing, Solar, others)
Region Segment (2020-2030; US$ Million)
North America
U.S.
Canada
Rest of North America
UK and European Union
UK
Germany
Spain
Italy
France
Rest of Europe
Asia Pacific
China
Japan
India
Australia
South Korea
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East and Africa
GCC
Africa
Rest of Middle East and Africa
Global Impact of COVID-19 Segment (2020-2021; US$ Million )
Pre COVID-19 situation
Post COVID-19 situation
Key questions answered in this report:
- What are the key micro and macro environmental factors that are impacting the growth of Optocoupler IC market?
- What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
- Estimated forecast and market projections up to 2030.
- Which segment accounts for the fastest CAGR during the forecast period?
- Which market segment holds a larger market share and why?
- Are low and middle-income economies investing in the Optocoupler IC market?
- Which is the largest regional market for Optocoupler IC market?
- What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
- Which are the key trends driving Optocoupler IC market growth?
- Who are the key competitors and what are their key strategies to enhance their market presence in the Optocoupler IC market worldwide?
Table of Contents
1. Preface
- 1.1. Report Description
- 1.1.1. Purpose of the Report
- 1.1.2. Target Audience
- 1.1.3. Key Offerings
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.3.1. Phase I - Secondary Research
- 1.3.2. Phase II - Primary Research
- 1.3.3. Phase III - Expert Panel Review
- 1.3.4. Assumptions
- 1.3.5. Approach Adopted
2. Executive Summary
- 2.1. Market Snapshot: Global Optocoupler IC Market
- 2.2. Global Optocoupler IC Market, By Type, 2021 (US$ Million)
- 2.3. Global Optocoupler IC Market, By Pin, 2021 (US$ Million)
- 2.4. Global Optocoupler IC Market, By Application, 2021 (US$ Million)
- 2.5. Global Optocoupler IC Market, By Geography, 2021 (US$ Million)
- 2.6. Impact of Covid 19
- 2.7. Attractive Investment Proposition by Geography, 2021
- 2.8. Competitive Analysis
- 2.8.1. Market Positioning of Key Optocoupler IC Market Vendors
- 2.8.2. Strategies Adopted by Optocoupler IC Market Vendors
- 2.8.3. Key Industry Strategies
3. Optocoupler IC Market: Business Outlook & Market Dynamics
- 3.1. Introduction
- 3.2. Global Optocoupler IC Market Value, 2020 - 2030, (US$ Million)
- 3.3. Market Dynamics
- 3.3.1. Market Drivers
- 3.3.2. Market Restraints
- 3.3.3. Key Challenges
- 3.3.4. Key Opportunities
- 3.4. Impact Analysis of Drivers and Restraints
- 3.5. See-Saw Analysis
- 3.6. Porter's Five Force Model
- 3.6.1. Supplier Power
- 3.6.2. Buyer Power
- 3.6.3. Threat Of Substitutes
- 3.6.4. Threat Of New Entrants
- 3.6.5. Competitive Rivalry
- 3.7. PESTEL Analysis
- 3.7.1. Political Landscape
- 3.7.2. Economic Landscape
- 3.7.3. Technology Landscape
- 3.7.4. Legal Landscape
- 3.7.5. Social Landscape
4. Optocoupler IC Market: By Type, 2020-2030, USD (Million)
- 4.1. Market Overview
- 4.2. Growth & Revenue Analysis: 2021 Versus 2030
- 4.3. Market Segmentation
- 4.3.1. High Linearity Optocouplers
- 4.3.2. High-speed Optocouplers
- 4.3.3. Logic Output Optocouplers
- 4.3.4. MOSFET Output Optocouplers
- 4.3.5. Transistor Output Optocouplers
- 4.3.6. TRIAC & SCR Output Optocouplers
- 4.3.7. Others
5. Optocoupler IC Market: By Pin, 2020-2030, USD (Million)
- 5.1. Market Overview
- 5.2. Growth & Revenue Analysis: 2021 Versus 2030
- 5.3. Market Segmentation
- 5.3.1. 4 Pin
- 5.3.2. 5 Pin
- 5.3.3. 6 Pin
- 5.3.4. 7 Pin
6. Optocoupler IC Market: By Application, 2020-2030, USD (Million)
- 6.1. Market Overview
- 6.2. Growth & Revenue Analysis: 2021 Versus 2030
- 6.3. Market Segmentation
- 6.3.1. Automotive
- 6.3.2. Consumer Electronics
- 6.3.3. Industrial
- 6.3.4. Others (Printing, Solar, others)
7. North America Optocoupler IC Market, 2020-2030, USD (Million)
- 7.1. Market Overview
- 7.2. Optocoupler IC Market: By Type, 2020-2030, USD (Million)
- 7.3. Optocoupler IC Market: By Pin, 2020-2030, USD (Million)
- 7.4. Optocoupler IC Market: By Application, 2020-2030, USD (Million)
- 7.5.Optocoupler IC Market: By Region, 2020-2030, USD (Million)
- 7.5.1.North America
- 7.5.1.1. U.S.
- 7.5.1.2. Canada
- 7.5.1.3. Rest of North America
- 7.5.1.North America
8. UK and European Union Optocoupler IC Market, 2020-2030, USD (Million)
- 8.1. Market Overview
- 8.2. Optocoupler IC Market: By Type, 2020-2030, USD (Million)
- 8.3. Optocoupler IC Market: By Pin, 2020-2030, USD (Million)
- 8.4. Optocoupler IC Market: By Application, 2020-2030, USD (Million)
- 8.5.Optocoupler IC Market: By Region, 2020-2030, USD (Million)
- 8.5.1.UK and European Union
- 8.5.1.1. UK
- 8.5.1.2. Germany
- 8.5.1.3. Spain
- 8.5.1.4. Italy
- 8.5.1.5. France
- 8.5.1.6. Rest of Europe
- 8.5.1.UK and European Union
9. Asia Pacific Optocoupler IC Market, 2020-2030, USD (Million)
- 9.1. Market Overview
- 9.2. Optocoupler IC Market: By Type, 2020-2030, USD (Million)
- 9.3. Optocoupler IC Market: By Pin, 2020-2030, USD (Million)
- 9.4. Optocoupler IC Market: By Application, 2020-2030, USD (Million)
- 9.5.Optocoupler IC Market: By Region, 2020-2030, USD (Million)
- 9.5.1.Asia Pacific
- 9.5.1.1. China
- 9.5.1.2. Japan
- 9.5.1.3. India
- 9.5.1.4. Australia
- 9.5.1.5. South Korea
- 9.5.1.6. Rest of Asia Pacific
- 9.5.1.Asia Pacific
10. Latin America Optocoupler IC Market, 2020-2030, USD (Million)
- 10.1. Market Overview
- 10.2. Optocoupler IC Market: By Type, 2020-2030, USD (Million)
- 10.3. Optocoupler IC Market: By Pin, 2020-2030, USD (Million)
- 10.4. Optocoupler IC Market: By Application, 2020-2030, USD (Million)
- 10.5.Optocoupler IC Market: By Region, 2020-2030, USD (Million)
- 10.5.1.Latin America
- 10.5.1.1. Brazil
- 10.5.1.2. Mexico
- 10.5.1.3. Rest of Latin America
- 10.5.1.Latin America
11. Middle East and Africa Optocoupler IC Market, 2020-2030, USD (Million)
- 11.1. Market Overview
- 11.2. Optocoupler IC Market: By Type, 2020-2030, USD (Million)
- 11.3. Optocoupler IC Market: By Pin, 2020-2030, USD (Million)
- 11.4. Optocoupler IC Market: By Application, 2020-2030, USD (Million)
- 11.5.Optocoupler IC Market: By Region, 2020-2030, USD (Million)
- 11.5.1.Middle East and Africa
- 11.5.1.1. GCC
- 11.5.1.2. Africa
- 11.5.1.3. Rest of Middle East and Africa
- 11.5.1.Middle East and Africa
12. Company Profile
- 12.1. Renesas Electronics Corporation
- 12.1.1. Company Overview
- 12.1.2. Financial Performance
- 12.1.3. Product Portfolio
- 12.1.4. Strategic Initiatives
- 12.2. Toshiba Corporation
- 12.2.1. Company Overview
- 12.2.2. Financial Performance
- 12.2.3. Product Portfolio
- 12.2.4. Strategic Initiatives
- 12.3. Broadcom, Inc.
- 12.3.1. Company Overview
- 12.3.2. Financial Performance
- 12.3.3. Product Portfolio
- 12.3.4. Strategic Initiatives
- 12.4. Vishay Intertechnology, Inc.
- 12.4.1. Company Overview
- 12.4.2. Financial Performance
- 12.4.3. Product Portfolio
- 12.4.4. Strategic Initiatives
- 12.5. Taiwan Semiconductor Mfg. Co. Ltd.
- 12.5.1. Company Overview
- 12.5.2. Financial Performance
- 12.5.3. Product Portfolio
- 12.5.4. Strategic Initiatives
- 12.6. Everlight Electronics Co., Ltd.
- 12.6.1. Company Overview
- 12.6.2. Financial Performance
- 12.6.3. Product Portfolio
- 12.6.4. Strategic Initiatives
- 12.7. Infineon Technologies AG
- 12.7.1. Company Overview
- 12.7.2. Financial Performance
- 12.7.3. Product Portfolio
- 12.7.4. Strategic Initiatives
- 12.8. IXYS Corporation
- 12.8.1. Company Overview
- 12.8.2. Financial Performance
- 12.8.3. Product Portfolio
- 12.8.4. Strategic Initiatives
- 12.9. Panasonic Corporation
- 12.9.1. Company Overview
- 12.9.2. Financial Performance
- 12.9.3. Product Portfolio
- 12.9.4. Strategic Initiatives
- 12.10. Phoenix Contact
- 12.10.1. Company Overview
- 12.10.2. Financial Performance
- 12.10.3. Product Portfolio
- 12.10.4. Strategic Initiatives
- 12.11. Standex Electronics, Inc.
- 12.11.1. Company Overview
- 12.11.2. Financial Performance
- 12.11.3. Product Portfolio
- 12.11.4. Strategic Initiatives
- 12.12. TT Electronics
- 12.12.1. Company Overview
- 12.12.2. Financial Performance
- 12.12.3. Product Portfolio
- 12.12.4. Strategic Initiatives
List of Tables
- TABLE 1 Global Optocoupler IC Market By Type, 2020-2030, USD (Million)
- TABLE 2 Global Optocoupler IC Market By Pin, 2020-2030, USD (Million)
- TABLE 3 Global Optocoupler IC Market By Application, 2020-2030, USD (Million)
- TABLE 4 North America Optocoupler IC Market By Type, 2020-2030, USD (Million)
- TABLE 5 North America Optocoupler IC Market By Pin, 2020-2030, USD (Million)
- TABLE 6 North America Optocoupler IC Market By Application, 2020-2030, USD (Million)
- TABLE 7 UK and European Union Optocoupler IC Market By Type, 2020-2030, USD (Million)
- TABLE 8 UK and European Union Optocoupler IC Market By Pin, 2020-2030, USD (Million)
- TABLE 9 UK and European Union Optocoupler IC Market By Application, 2020-2030, USD (Million)
- TABLE 10 Asia Pacific Optocoupler IC Market By Type, 2020-2030, USD (Million)
- TABLE 11 Asia Pacific Optocoupler IC Market By Pin, 2020-2030, USD (Million)
- TABLE 12 Asia Pacific Optocoupler IC Market By Application, 2020-2030, USD (Million)
- TABLE 13 Latin America Optocoupler IC Market By Type, 2020-2030, USD (Million)
- TABLE 14 Latin America Optocoupler IC Market By Pin, 2020-2030, USD (Million)
- TABLE 15 Latin America Optocoupler IC Market By Application, 2020-2030, USD (Million)
- TABLE 16 Middle East and Africa Optocoupler IC Market By Type, 2020-2030, USD (Million)
- TABLE 17 Middle East and Africa Optocoupler IC Market By Pin, 2020-2030, USD (Million)
- TABLE 18 Middle East and Africa Optocoupler IC Market By Application, 2020-2030, USD (Million)
List of Figures
- FIG. 1 Global Optocoupler IC Market: Market Coverage
- FIG. 2 Research Methodology and Data Sources
- FIG. 3 Market Size Estimation - Top Down & Bottom-Up Approach
- FIG. 4 Global Optocoupler IC Market: Quality Assurance
- FIG. 5 Global Optocoupler IC Market, By Type, 2021
- FIG. 6 Global Optocoupler IC Market, By Pin, 2021
- FIG. 7 Global Optocoupler IC Market, By Application, 2021
- FIG. 8 Global Optocoupler IC Market, By Geography, 2021
- FIG. 9 Global Optocoupler IC Market, By Type, 2021 Vs 2030, %
- FIG. 10 Global Optocoupler IC Market, By Pin, 2021 Vs 2030, %
- FIG. 11 Global Optocoupler IC Market, By Application, 2021 Vs 2030, %
- FIG. 12 U.S. Optocoupler IC Market (US$ Million), 2020 - 2030
- FIG. 13 Canada Optocoupler IC Market (US$ Million), 2020 - 2030
- FIG. 14 Rest of North America Optocoupler IC Market (US$ Million), 2020 - 2030
- FIG. 15 UK Optocoupler IC Market (US$ Million), 2020 - 2030
- FIG. 16 Germany Optocoupler IC Market (US$ Million), 2020 - 2030
- FIG. 17 Spain Optocoupler IC Market (US$ Million), 2020 - 2030
- FIG. 18 Italy Optocoupler IC Market (US$ Million), 2020 - 2030
- FIG. 19 France Optocoupler IC Market (US$ Million), 2020 - 2030
- FIG. 20 Rest of Europe Optocoupler IC Market (US$ Million), 2020 - 2030
- FIG. 21 China Optocoupler IC Market (US$ Million), 2020 - 2030
- FIG. 22 Japan Optocoupler IC Market (US$ Million), 2020 - 2030
- FIG. 23 India Optocoupler IC Market (US$ Million), 2020 - 2030
- FIG. 24 Australia Optocoupler IC Market (US$ Million), 2020 - 2030
- FIG. 25 South Korea Optocoupler IC Market (US$ Million), 2020 - 2030
- FIG. 26 Rest of Asia Optocoupler IC Market (US$ Million), 2020 - 2030
- FIG. 27 Brazil Optocoupler IC Market (US$ Million), 2020 - 2030
- FIG. 28 Mexico Optocoupler IC Market (US$ Million), 2020 - 2030
- FIG. 29 Rest of Latin America Optocoupler IC Market (US$ Million), 2020 - 2030
- FIG. 30 GCC Optocoupler IC Market (US$ Million), 2020 - 2030
- FIG. 31 Africa Optocoupler IC Market (US$ Million), 2020 - 2030
- FIG. 32 Rest of Middle East and Africa Optocoupler IC Market (US$ Million), 2020 - 2030
