PUBLISHER: IMARC | PRODUCT CODE: 1722987
PUBLISHER: IMARC | PRODUCT CODE: 1722987
The global analog-to-digital converters market size was valued at USD 2.81 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 4.18 Billion by 2033, exhibiting a CAGR of 4.29% from 2025-2033. North America currently dominates, with 30.2% analog-to-digital converters market share, driven by its strong electronics manufacturing base, high demand for consumer electronics, advancements in automotive technologies, and significant growth in industrial automation and 5G infrastructure in the region.
An analog-to-digital-converter (ADC) is an electronic circuit used to measure and covert an input analog signal to a digital form that can be read and processed by a microcontroller. It is widely utilized in control and monitoring systems and sensors to produce analog output voltages. Nowadays, manufacturers across the globe are offering precision devices with high speed and resolution in a range of packaging options for industrial, communication, enterprise, and personal electronics applications.
The increasing number of mobile phone subscribers, in confluence with the rising popularity of music streaming services like Spotify, Apple Music, Amazon Music Unlimited and YouTube Music, represents one of the key factors bolstering the market growth. Moreover, ADC is used in digital oscilloscopes, which find extensive application in the automotive industry to troubleshoot inconsistencies and potential problems in the ignition system, solenoids, sensors, actuators and communication data stream. This, coupled with the escalating adoption of connected motorcycles due to the growing emphasis on driver safety and the increasing preferences for a comfortable and safe riding experience, is catalyzing the demand for oscilloscopes and ADC. Apart from this, it is incorporated in medical devices, such as magnetic resonance imaging (MRI) and x-ray, to convert images from analog to digital before alteration. In line with this, the emerging need for medical imaging techniques on account of the rising prevalence of chronic diseases is driving the application of ADC in the healthcare industry. Besides this, the Fourth Industrial Revolution (Industry 4.0) emergence, along with the augmenting trend of precision manufacturing, is anticipated to catalyze the demand for ADC in industrial automation and offer lucrative growth opportunities to market players.
The competitive landscape of the industry has also been examined along with the profiles of the key players being Advanced Micro Devices Inc., Analog Devices Inc., Asahi Kasei Corporation, Cirrus Logic Inc., Microchip Technology Inc., National Instruments Corporation, NXP Semiconductors N.V., onsemi, Renesas Electronics Corporation, Rohm Co. Ltd., STMicroelectronics and Texas Instruments Incorporated.