Report : Middle East & Africa Amplifier and Comparator Market Forecast to 2030 – COVID-19 Impact and Regional Analysis – by Type (Amplifier and Comparator) and Application (Industrial Sector, Communications Sector, Computing Devices, Consumer Electronics Devices, Automotive, Military & Aerospace, and Others)
At 2.9% CAGR, the Middle East & Africa Amplifier and Comparator Market is speculated to be worth US$ 399.69 Million by 2030, says Business Market Insights
According to Business Market Insights’ research, the Middle East & Africa amplifier and comparator market is expected to grow from US$ 326.76 million in 2023 to US$ 399.69 million by 2030, registering a CAGR of 2.9% from 2023 to 2030. Increasing demand for optical amplifiers and adoption of advanced driver-assistance systems are the critical factors attributed to the Middle East & Africa amplifier and comparator market expansion.
The electronic mode of transportation is perceived to benefit the environment and reduce fuel consumption. Many governments across the region have embraced the Electric Vehicles Initiative (EVI), a multi-government policy forum coordinated by the International Energy Agency (IEA) to accelerate the introduction and adoption of electric vehicles across the region. An electric battery is a core component of the electric mode of transportation. In these batteries, the output of the comparator is used to alert a microcontroller regarding their discharged or low power status. Also, the amplifier is used in EV battery management, and the isolated amplifier offset determines the initial precision of the current sense. Thus, the large-scale application of amplifiers in batteries required for electronic transportation would bolster the consumption of amplifiers and comparators in the future. This is expected to drive the Middle East & Africa amplifier and comparator market during the forecast period.
On the contrary, physical limitations of operational amplifiers hurdles the growth of Middle East & Africa amplifier and comparator market.
Based on type, the Middle East & Africa amplifier and comparator market is bifurcated into amplifier and comparator. The amplifier segment held 66.8% market share in 2023, amassing US$ 218.38 million. It is projected to garner US$ 272.51 million by 2030 to expand at 3.2% CAGR during 2023–2030.
Based on application, the Middle East & Africa 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 29.6% share of Middle East & Africa amplifier and comparator market in 2023, amassing US$ 96.83 million. It is projected to garner US$ 114.08 million by 2030 to expand at 2.4% CAGR during 2023–2030.
Based on country, the Middle East & Africa amplifier and comparator market has been categorized into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. Our regional analysis states that the Rest of Middle East & Africa captured 69.6% share of Middle East & Africa amplifier and comparator market in 2023. It was assessed at US$ 227.29 million in 2023 and is likely to hit US$ 283.08 million by 2030, exhibiting a CAGR of 3.2% during the forecast period.
Key players dominating the Middle East & Africa amplifier and comparator market are Analog Devices Inc; Broadcom Inc; Microchip Technology Inc; NXP Semiconductors; Renesas Electronics Corporation; Skyworks Solutions Inc; STMicroelectronics NV; and Texas Instruments Inc among others.
- In Nov 2021, Broadcom announced the industry's first 100G/lane optical PAM-4 DSP PHYs with Integrated TIA and laser driver.
- In Dec 2020, With 2nd generation R.F. multi-chip modules that amplify frequency, Power, and efficiency, NXP continues to lead in 5G infrastructure.
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