At 5.8% CAGR, the Asia Pacific Amplifier and Comparator Market is projected to be worth US$ 7,651.21 Million by 2030, says Business Market Insights

According to Business Market Insights’ research, the Asia Pacific amplifier and comparator market is expected to grow from US$ 5,171.25 million in 2023 to US$ 7,651.21 million by 2030, registering a CAGR of 5.8% from 2023 to 2030. Increasing demand for optical amplifiers and adoption of advanced driver-assistance systems are the critical factors attributed to the Asia Pacific amplifier and comparator market expansion.             

The automotive industry is growing rapidly with significant digital transformation in the design and development of a wide range of components, such as infotainment, anti-lock braking systems (ABS), and electronic displays. The ongoing digital transformation across the automotive industry has been triggering the demand for advanced driver-assistance systems (ADAS). The increasing emphasis on road safety, government regulations mandating the use of advanced safety features, and rising demand for luxury vehicles further propel the adoption of ADAS. Thus, various automotive manufacturing giants are focusing on ADAS technology. In October 2022, Volkswagen (a German automaker) partnered with Horizon Robotics (a Chinese software company) to develop ADAS and autonomous driving (AD) systems to cater to the rising demand for ADAS systems in the Chinese market. The functioning of ADAS systems is based on LiDAR technology, wherein trans-impedance amplifiers (TIA) and comparators play vital roles in receiving signals. TIA is used to detect the reflected signal, and once it has been successfully detected, a comparator indicates that signal. Thus, the increasing adoption of ADAS and manufacturing of ADAS-enabled vehicles drive the amplifier and comparator market growth. This is expected to drive the Asia Pacific amplifier and comparator market during the forecast period.

On the contrary, physical limitations of operational amplifiers hurdles the growth of Asia Pacific amplifier and comparator market. 

Based on type, the Asia Pacific amplifier and comparator market is bifurcated into amplifier and comparator. The amplifier segment held 66.8% market share in 2023, amassing US$ 3,452.31 million. It is projected to garner US$ 5,225.33 million by 2030 to expand at 6.1% CAGR during 2023–2030.

Based on application, the Asia Pacific amplifier and comparator market is categorized into industrial sector, communications sector, computing devices, consumer electronics devices, automotive, military & aerospace, and others. The industrial sector segment held 29.7% share of Asia Pacific amplifier and comparator market in 2023, amassing US$ 1,536.26 million. It is projected to garner US$ 2,158.02 million by 2030 to expand at 5.0% CAGR during 2023–2030.

Based on country, the Asia Pacific amplifier and comparator market has been categorized into Taiwan, China, India, Japan, South Korea, and the Rest of Asia Pacific.  Our regional analysis states that China captured 34.5% share of Asia Pacific amplifier and comparator market in 2023. It was assessed at US$ 1,781.89 million in 2023 and is likely to hit US$ 2,815.64 million by 2030, exhibiting a CAGR of 6.8% during the forecast period.            

Key players dominating the Asia Pacific amplifier and comparator market are ABLIC Inc; Analog Devices Inc; Broadcom Inc; Microchip Technology Inc; NXP Semiconductors; On Semiconductor; Renesas Electronics Corporation; Skyworks Solutions Inc; STMicroelectronics NV; and Texas Instruments Inc among others.

• In June 2021, Texas Instruments purchase Micron's 300-mm semiconductor facility, enhancing its cost advantage and supply chain control.
• In Feb 2019, ABLIC Inc. launched the S-89630AB, a zero-drift operational amplifier with a wide operation voltage range.

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