Get In Touch

Global Optocoupler Market to Hit US$3.2 Bn by 2021 Fueled by Advanced Isolation Technologies

The global optocoupler market displays a highly competitive and diversified competitive landscape notes Transparency Market Research. This is mainly because of the presence of a large number of regional and international vendors across the globe. Some of the predominant players operating in the global optocouplers market are Maxwell Technologies, Toshiba Corporation, Texas Instruments, Inc., Isocom Limited, Renesas Electronics, Silicon Laboratories, Inc., Avago Technologies, and Fairchild Semiconductor. 

As per a new market study by Transparency Market Research, the global optocoupler market is projected to touch a valuation of US$3.2 bn by 2021. Rising from a valuation of US$1.8 bn in 2014 at an impressive CAGR of 8.20% from 2015 to 2021. 

 

From a geographical standpoint, Europe accounted for 35.1% of the global optocoupler market in the year 2014. With this staggering share, Europe stood as the most prominent regional segment in terms of revenue. From a application standpoint, automotive and industrial segments dominate the global optocoupler market. This is because increased use of optocoupler in both of these industry verticals.  

Industrial Sector to dominate global Optocoupler Market 

This main driver of the optocoupler market is the rising demand from automotive and industrial sectors. This is because of a noteworthy shift in consumers owing the increasing demand from the communication sector and growing sales of hybrid electric vehicles. Along with this growing applications in the communication sector is anticipated to boost the global optocoupler market. Optocoupler is largely used in industrial robots, power supplies, motor control, and industrial networking. The significant investments done of the key industrialist in the communication sector likely to impacting the growth of the global optocouplers market. 

Apart from the sector industrial, the expanding use of optocoupler in the manufacture of hybrid cars is another key factor boosting the global optocoupler market. Consumers are shifting towards the hybrid car mode owing to its power saving abilities. This is expected to offer a rapid thrust to the global optocoupler market. The growing use of the optocoupler in autommptovr is mainly due to their higher voltages and noise cancellation abilities. 

Dearth of skilled labor restricts growth 

Optocoupler is widely used across several end-use industries owing to its ability to enhance the functioning of machines. However, the benefits of optocoupler can be relied only when it  efficiently fits inside the machine. The dearth of the skilled labor able to perform installation, and maintenance is a major threat to the growth of the global optocoupler market. 

Transparency Market Research announces the release of a new research report titled “Optocouplers Market (Type -4 Pin Optocoupler, 6 Pin Optocoupler, High Speed Optocoupler, IGBT Gate Driver, and Isolation Amplifier; End use – Automotive, Printer and Imaging Devices, Signage, Communication, Commercial, industrial)”. 

Global Optocouplers Market, by Application:

  • Automotive
  • Printer and Imaging Devices
  • Signage
  • Communication
  • Commercial
  • Industrial
  • Others 

Global Optocouplers Market, by Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World (Latin America, Middle East and Africa) 

 “Lime Market (Type - Quick Lime and Slaked Lime; End Use - Chemical Intermediates, Metallurgical, Construction, and Environmental, Agriculture, Glass, and Paper and Pulp) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024.

Browse : Our new press releases https://www.transparencymarketresearch.com/pressrelease/optocouplers-industry.html

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.”

Contact

Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com

 

7 of 10 large enterprizes view our ToC to take the right decision.

View Report ToC