Focus of Companies on Development of Innovative Digital Isolator Products is Driving the Europe Digital Isolators Market
Vendors in the digital isolators market are collaboratively working with customers to provide reliable solutions to them by understanding specific demands. This helps them stay competitive in the market. The Europe digital isolators market is highly consolidated with the presence of a large number of players, and the top 5 players (including Broadcom, Texas Instruments, On Semiconductor Corporation, Infineon Technologies, and Skyworks) collectively account for a larger share than other companies in the Europe digital isolators market. A few of the market (apart from the top 5) vendors are implementing acquisition strategies to expand their respective market share. A few more product innovations by different vendors in the digital isolators market are mentioned below.
• In July 2021, Analog Devices Inc announced the launch of its new iCoupler digital isolator product— ADN4624. It is a quad-channel 2.5 Gb digital isolator that allows the integration of new system architectures in the digital health and instrumentation sector. The product is the first in its series that offers a total bandwidth of 10 Gbps.
• In April 2021, STMicroelectronics announced that it has begun the volume production of the STISO621 dual-channel digital isolator that allows data transfer between two isolated domains with a speed of up to 100 Mbps.
• In March 2020, Texas Instruments launched ISO7741E-Q1, the industry’s first digital isolator that is qualified for Grade 0 ambient operating temperature specification of the Automotive Electronics Council (AEC)-Q100 standard.
• In July 2019, Renesas Electronics Corporation introduced two radiation-tolerant, plastic-packaged digital isolators that provide the highest isolation protection (2,500 VRMS) from high-voltage spikes in the stages of power supply and serial communication interfaces used in LEO small satellites.
Europe Digital Isolators Market Overview
The Europe digital isolators market is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. With digital transformation, the total consumption of leading-edge semiconductors in the European Union (EU) countries is expected to double in the coming years. The electronics & electrical engineering sector in Europe is large and increasing rapidly. The growing adoption of electronics in various applications propels the demand for noise-free electronics and electrical devices, which enhances the growth of the digital isolators market in Europe. The automotive industry is one of the largest industry in Europe, which represents ~7% of the region’s GDP. According to the European Automobile Manufacturers’ Association (ACEA), vehicle sales in Europe increased by 10% in 2021 compared to 2020. Moreover, BMW Group, Ferrari, Ford of Europe, Honda Motor Europe, Hyundai Motor Europe, Iveco Group, Jaguar Land Rover, Mercedes-Benz, Renault Group, Stellantis, Toyota Motor Europe, Volkswagen Group, Volvo Cars, and Volvo Group are among the major automotive manufacturers in the region. Thus, the increasing production and sales of electric vehicles and the presence of major manufacturers and suppliers with strong brand value and technological and financial capabilities are likely to boost the demand for digital isolators in the region during the forecast period. As a result, the wide scope in the automotive industry and increasing demand for consumer electronics are among the key factors contributing to the growth of the Europe digital isolators market.
Europe Digital Isolators Market Revenue and Forecast to 2028 (US$ Million)
Europe Digital Isolators Market Segmentation
The Europe digital isolators market is segmented into type, application, and country.
Analog Devices Inc, Broadcom Inc, Infineon Technologies AG, Nexperia BV, On Semiconductor Corp, Skyworks Solutions Inc, Texas Instruments Inc, and Vicor Corp are the leading companies operating in the Europe digital isolators market.