Global Optocouplers Market
Global Optocouplers Market was valued US$ XX Bn in 2018 and is expected to reach US$ XX Bn by 2026, at a 9.1% CAGR of around XX% during a forecast period.
Optocoupler is an electronic component device that transfers electrical signals between two isolated circuits. Optocoupler is also called photocoupler, Opto-isolator, or optical isolator. Emerging key trends, which have a direct effect on the dynamics of the optocoupler industry, include growing demand in the smart meter systems, and advancement in optocouplers for an extensive temperature range with superior electrical characteristics.
Global Optocouplers Market
The reports cover detail dynamics and key developments in the Global Optocouplers Market as organic and inorganic growth strategies. The future of the global market for optocoupler looks attractive with opportunities in the industrial, consumer electronics, telecommunication, and automotive industries. The major growth drivers for this market are growth in the demand for electric and hybrid vehicles, growth in factory automation systems and equipment, and growing global internet traffic. Optocouplers components undergo wear and tear, which is expected to restrain the growth of the optocouplers market during the forecast period.
The industrial sector segment holds a significant share of the optocouplers market because these components are used in various applications. These optocouplers are designed for usage in a variety applications ranging from motor control circuits, power supply to data communication and digital logic interface circuits. Moreover, thanks to the growing demand in industrial robots, motor control, power supplies, and industrial networking, the growth of optocouplers in the industrial sector is expected to upsurge during the forecast period.
The report offers a brief analysis of the major regions in the optocouplers market, namely, APAC, Europe, North America, South America, Middle East and Africa. The optocouplers market in the APAC region is majorly driven by factors such as the growth in industrial, automotive sector and emerging economies in the APAC region. Automotive sectors and industrial automation communication are witnessing increased demand for optocouplers in developing nations such as India, China, and others. Additionally, the increased adoption of automation in the manufacturing sector is also driving the market as optocouplers forms an integral part of the automation process.
Global Optocouplers Market
A recent development in the global market for optocoupler like in November 2018, Vishay Intertechnology, Inc. declared the release of two new optocouplers with a photometric output in the compact flat SOP-4 package. Vishay Semiconductors VOT8024AM and VOT8121AM send high robustness and noise isolation for home appliances and industrial equipment.
In March 2018, Toshiba Electronic Devices & Storage Corporation is increasing its line-up of SO6L IC-output photocouplers with a new wide lead form package type SO6L (LF4).
The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding Global Optocouplers Market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, and SWOT analysis to address the question of shareholders to prioritizing the efforts and investment shortly to the emerging segment in the Global Optocouplers Market.
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Scope of the Global Optocouplers Market
Global Optocoupler Market, by Product
• High Performance Optocouplers
• Phototransistor Optocouplers
• Phototriac Optocouplers
Global Optocoupler Market, by End Use Industry
• Industrial
• Consumer Electronics
• Telecommunication
• Automotive
• Others
Global Optocoupler Market, by Pin Type
• 4 Pin Optocouplers
• 5 Pin Optocouplers
• 6 Pin Optocouplers
• 7 Pin Optocouplers and above
Global Optocouplers Market, by Region
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key players operating in the Global Optocouplers Market
• Fairchild
• Toshiba Electronic Devices & Storage Corporation
• Avago (FIT)
• Vishay Intertechnology
• Renesas
• Sharp
• ISOCOM
• LiteOn
• Everlight Electronics
• Standex-Meder Electronics
• IXYS Corporation
• Kingbright Electronic
• NTE Electronics
• Plus Opto
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