Low Power Bridges Market
Low-power Bridges Market (Type: I2C to SPI, SPI to I2C, UART to I2C, and Others; and Application: Cell Phones, Home Appliances, Cameras & Video Equipment, Portable Game Devices, Laptop & PCs, and Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 - 2027
Press Release :
Low-power Bridges with Motor Control Offer Power Savings for Consumers in Wearable Devices
The wearable devices market has been experiencing explosive growth during the past couple of years. The demand for low-voltage applications in wearable devices has triggered growth for the low-power bridges market. Companies in the low-power bridges market space are innovating in motor driver ICs (integrated circuits) of wearable devices. Increasing consumer awareness about health and fitness has propelled market players to develop consumer-centric fitness trackers, smartwatches, and sports equipment.
Companies in the low-power bridges market are innovating new motor driver ICs of wearable devices. Low-voltage innovations are increasingly meeting the consumer need for efficient battery-powered devices that are portable. Manufacturers in the low-power bridges landscape are increasing R&D to gain excellence in motor control of wearable devices. Growing demand for compact-sized devices has led to the development of motor controls packed with tiny ICs. Companies are focusing on enhancing user experience with improvements in the quality of wearable devices. Low-input voltage in devices offers power savings for consumers, which adds value to the newly introduced devices with an extended battery lifetime.
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I2C V/S SPI: Which is better for Your Company?
I2C (inter-integrated circuits) and SPI (serial to peripheral interface) protocols offer unique strengths and weaknesses for companies in the low-power bridges market. SPIs are being increasingly used in IC controllers and peripherals to communicate with each other. On the other hand, I2C is gaining increasing popularity as a standardized serial communication protocol. This protocol is being increasingly used for communication between chips on a PCB (printed circuit board).
However, SPI is not an official standard for deployment in many devices. On the other hand, I2C is popular for communication between components. However, with technological advancements, faster data transmission modes are pervasively replacing I2C. Perhaps these limitations pose a challenge for manufacturers in the low-power bridges market, who find it difficult to develop wearable devices with secure contactless applications.
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Despite the limitations, manufacturers in the low-power bridges ecosystem are learning the technicalities of SPI and I2C with their implementations between master controllers and slave peripherals for better product development.
Companies Innovating in Photorelays for Development of Compact-sized Thermostats
Tried and tested technology acts as a reliable strategy for companies in the low-power bridges market. This strategy is being used by them to develop photorelays with low voltage circuits. Companies in the low-power bridges market are expanding their production capabilities to develop photorelays that are increasingly replacing conventional mechanical relays in thermostat designs. They are capitalizing on the demand for sleeker-looking devices, which is possible with the help of photorelays.
Design engineers in the low-power bridges landscape are on the lookout for compact alternatives, catering to the development of aesthetically-pleasant thermostats. Companies are increasing R&D to develop innovative photorelays that are a better choice for design engineers, since they overcome the limitations of mechanical relays. Another factor that is driving the adoption of photorelays is that, they can be easily integrated with microcontrollers and other low-voltage control circuitry, sans the need for separate power supply.
Turnkey Embedded Systems Create Incremental Opportunities in Mission-critical Applications
Any device with an in-built digital interface suitable for computing is an embedded system. Low power consumption of embedded systems is gaining widespread acceptance in the automotive, consumer electronics, and home appliance sectors. Likewise, cell phones contribute to the highest revenue in the low-power bridges market, along with high-value growth potential by reaching a value of ~US$ 500 million by the end of 2027.
Embedded systems are almost omnipresent in all electronic devices that have built-in embedded software. Hence, manufacturers are increasing the efficacy of low-power bridges in embedded systems. However, challenges in embedded software development is one of the many reasons for the sluggish CAGR of ~3% for the low-power bridges market. The issue of stability in embedded systems poses a challenge for manufacturers, owing to their unexpected functionality which is inadmissible. To overcome this issue, manufacturers in the low-power bridges space are onboarding skilled employees that quickly adapt to technological advancements in the highly competitive landscape. Companies are fetching incremental opportunities in mission-critical applications such as industrial automation equipment and missile guidance systems with the help of improved embedded systems.
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The low-power bridges market is consolidated in nature; only four major players dominating the landscape with an expected market share of ~60% throughout the forecast period. Companies are investing in Ethernet solutions for in-vehicle infotainment systems and telematics in the automotive environment. They are fostering innovation in embedded systems, right from smart watches to smart houses and ubiquitous control systems. However, the compatibility and integrity of embedded systems is posing a challenge for manufacturers in the IoT landscape. Thus, companies should gain expertise in hands-on experience for deploying embedded systems in IoT applications. They should focus on the development of new wearable devices suitable with smartphones and healthcare equipment.
Global Low-power Bridges Market: Overview
- According to Transparency Market Research’s latest research report on the global low-power bridges market for the historical period of 2017–2018 and the forecast period of 2019–2027, rise in the need for early target tracking, increase in the demand for low-power bridges, and benefits offered by low-power bridges when used in various devices are expected to boost the global low-power bridges market during the forecast period.
- In terms of revenue, the global low-power bridges market is estimated to reach a value of ~US$ 1 Bn by 2027, expanding at a CAGR of ~3% during the forecast period.
Various Benefits Offered by Low-power Bridges: Key Driver of Low-power Bridges Market
- Ongoing advancements in low-power bridges offer opportunities to simplify the design process and provide options and flexibility that reduce the part count in electronic products; save processor resources; and increase flexibility easily by providing built-in controls that previously required complex software and hardware.
- I2C and SPI are two widely-used bus protocols in embedded systems nowadays. The I2C bus has a minimum requirement for pin count, and as such, has a smaller footprint on board. The SPI bus provides a synchronized serial link with performance within MHz range.
- As embedded systems are required to support an increasing number of protocols and interfaces, bridge designs targeting popular protocols provide solutions to reduce the time and cost required for development.
- Growing adoption of IoT worldwide is anticipated to raise the need for low-power consumption and high performance, thereby boosting the demand for low-power bridges.
- In addition to sensors, high-resolution cameras are key enablers of IoT devices. The challenge for IoT designers is to find a solution that delivers low-power consumption and high performance, while meeting cost constraints. A low-power bridge is a proven interface in the mobile sector, and due to its successful implementation, it is utilized in new applications such as IoT and virtual/augmented reality devices.
Penetration of Wearable Devices and Introduction of New and Technologically-advanced Products Aiding Growth of Low-power Bridges Market
- Major manufacturers of low-power bridges are introducing new technologies, resulting in the launch of new products in the global low-power bridges market space.
- For instance, in March 2019, Adafruit, an open-source hardware company, launched a new product called Adafruit GPIO Expander Bonnet, with 16 additional I/O over I2C. The company is providing this product with 16 extra digital input/output pins that can be used for different input and output connections. Each pin can be set as a digital output (high or low) or as an input, with an internal pull-up. Primarily, they have been designed for circuitry connections to SDA/SCL I2C pins for control.
- Moreover, new products are also being launched, fueling the global low-power bridges market. These new product launches are helping the low-power bridges market expand at a rapid rate.
Decline in Demand for Consumer Electronics: Major Challenge for Low-power Bridges Market
- High expenses involved in improving military low-power bridges is a key factor that is expected to hamper the global military radar sector.
- However, decline in the demand for consumer electronics and reduction in import duties led by government regulations are likely to restrain the global low-power bridges market during the forecast period.
- The global consumer electronics industry is witnessing a slowdown, due to decreasing sales of products such as personal computers, cameras, TVs, MP3 players, and E-book readers, which is expected to restrain the low-power bridges market from reaching its full potential.
North America to Hold Substantial Share of Global Low-power Bridges Market
- The low-power bridges market in North America is projected to expand significantly during the forecast period, due to the high rate of infrastructure development and increasing advancements in the smartphone industry in the region.
- Smartphone manufacturers in the region are primarily focused on introducing new technologies and upgrading their existing portfolios. For this, microcontrollers need to be updated with more I/O pins that require low-power bridges.
- Countries in the region are rapidly adopting the airborne low-power bridge technology through various agreements and collaborations. Consequently, the low-power bridges market in the region is witnessing steady growth.
Global Low-power Bridges Market: Competition Landscape
- Detailed profiles of the manufacturers of low-power bridges have been provided in the global low-power bridges market report to evaluate their financials, key product offerings, recent developments, and strategies.
- Key players operating in the global low-power bridges market are
- NXP Semiconductors
- Diodes Incorporated
- Cypress Semiconductor Corporation
- Texas Instrument
- Maxim Integrated
- Microchip Technology Inc.
- Toshiba Corporation
- Maxlinear, Inc.
- Lattice Semiconductor
- On Semiconductor
- Semtech Corp.
- Silicon Laboratories
- Analog Devices, Inc.
Global Low-power Bridges Market: Key Developments
- Key providers of low-power bridges, such as NXP Semiconductors and Maxim Integrated, are focusing on new product innovation and development to expand their customer base
- In the report on the global low-power bridges market, we have discussed individual strategies, followed by company profiles of the providers of low-power bridges. The ‘Competition Landscape’ section has been included in the report to provide readers with a dashboard view and company market share analysis of key players operating in the global low-power bridges market.
Low-power Bridges Market: Scope of the Report
A new study on the global low-power bridges market was published by Transparency Market Research (TMR). It presents detailed information of key market dynamics, including the drivers, trends, and challenges, as well as structure of the global low-power bridges market. TMR’s study offers valuable information on the global low-power bridges market in order to illustrate how the market is expected to expand during the forecast period, i.e. 2019–2027.
Key indicators of market growth, which include value chain analysis, supply chain analysis, and compounded annual growth rate (CAGR), are elucidated in TMR’s study in a comprehensive manner. This data can help readers interpret the quantitative growth aspects of the global low-power bridges market for the forecast period.
The report has been prepared after extensive primary and secondary research. Primary research involved bulk of the research efforts, wherein, analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Extensive secondary research involved referring to key players’ product literature, annual reports, press releases, and relevant documents to understand the global low-power bridges market.
Secondary research also includes Internet sources, statistical data from government agencies, websites, and trade associations. Analysts have employed a combination of the top-down and bottom-up approach to study various phenomena in the global low-power bridges market.
An extensive analysis of the business strategies adopted by leading market players is also featured in TMR’s study on the global low-power bridges market. This can help readers understand the key factors responsible for the growth of the global low-power bridges market. In this study, readers can also find specific data on avenues for the qualitative and quantitative growth of the global low-power bridges market. This data would guide market players in making apt business decisions in the near future.
Key Questions Answered in TMR’s Study on Global Low-power Bridges Market
- What would the Y-o-Y growth trend of the global low-power bridges market be from 2019 and 2027?
- What is the influence of the changing trends in technologies on the global Low-power bridges market?
- Would Asia Pacific continue to remain the most profitable regional market for providers of low-power bridges during the forecast period?
- Which factors would hinder the global low-power bridges market during the forecast period?
- Which are the leading companies operating in the global low-power bridges market?
A unique research methodology is utilized by TMR to conduct comprehensive research on the global low-power bridges market and arrive at conclusions on the future growth prospects of the market. This research methodology is a combination of primary and secondary research, which helps analysts warrant the accuracy and reliability of the conclusions drawn.
Secondary research sources referred to by analysts during the production of the report on the global low-power bridges market include statistics from company annual reports, SEC filings, company websites, World Bank database, investor presentations, regulatory databases, government publications, and market white papers. Analysts have also interviewed senior managers, type portfolio managers, CEOs, VPs, and market intelligence managers, who have contributed to the production of TMR’s study on the global low-power bridges market as a primary research source.
Segmentation of Global Low-power Bridges Market
TMR’s study of the global low-power bridges market segments the market in terms of type, application, and region. Changing market trends and other crucial market dynamics associated with these segments of the global low-power bridges market have been discussed in detail.
I2C to SPI
SPI to I2C
UART to I2C
Cameras & Video Equipment
Portable Game Devices
Laptops & PCs
Middle East & Africa