The North America digital isolators market is expected to grow from US$ 965.78 million in 2022 to US$ 1,513.51 million by 2028. It is estimated to grow at a CAGR of 7.8% from 2022 to 2028.
Growing Demand from Industrial Sector is Driving the North America Digital Isolators Market
Automation helps reduce human intervention across industrial operations, subsequently improving operational efficiencies. The automation of the industrial sector is leading to the higher deployment of digital and automated system control technologies such as PCs, DCs, and programmable logic controllers (PLCs) across industrial facilities. The rise in demand for industrial automation across manufacturing facilities is one of the major factors catalyzing the growth of digital isolators market. The applications of digital isolators in devices such as such as remote sensing devices, programmable logic controllers (PLCs), and motor control devices is driving the demand for digital isolators across the industrial sector. Further, the increasing applications of automated machine/motor control devices and PLCs is also catalyzing the demand for digital isolators market. The demand for PLCs is rapidly growing in the industrial automation sector due to the advantages such as better flexibility and ease, scalability, greater memory capacity, compact size, high-speed Ethernet, and access to wireless systems. PLCs provide precision output to industrial devices that are used for automating processes. Digital isolators are increasingly used in remote sensing devices, PLCs, and motor control devices, among others that allows to minimize the ground level errors in the end devices. The demand for remote sensing technologies along with motor control technologies and compact USB connections is also driving the demand for digital isolators across the industrial sector. The deployment of USB connections across the industrial sector is also increasing with a rise in the adoption of automated technologies. All these factors are contributing to the North America digital isolators market growth .North America Digital Isolators Market Overview
Automotive manufacturers across North America are engaged aggressively to boost electric vehicles’ sales. As automotive designs are increasingly moving toward electrification, high-wattage power electronics are becoming critical components in the drivetrain and battery systems of vehicles. The high-wattage power electronics need to be communicated with and controlled by digital controllers requiring digital isolation. Isolators have numerous uses in battery management system in the electrical domains of EVs. They are largely used in modules such as onboard chargers (OBCs), Battery Management System (BMS), DC-DC converters, traction inverters, and heating/cooling units. Moreover, increasing advancements in medical imaging devices propel the demand for digital isolators. These devices transfer large volumes of video imaging data from image sensor to image processor while maintaining high levels of electrical isolation. Thus, digital isolators are widely used in medical imaging across North America. Therefore, the rising electrification of vehicles, increasing advancements in medical imaging, and growing safety standards in industrial automation are among the key factors driving the growth of the North America digital isolators market .North America Digital Isolators Market Segmentation
The North America digital isolators market is segmented into type, application, and country.- Based on type, the North America digital isolators market has been segmented into optical coupling, magnetic coupling, capacitive coupling, and giant magnetoresistive. The capacitive coupling segment registered the largest market share in 2022.
- Based on of application, the North America digital isolators market has been bifurcated into SMEs and large enterprises. The SMEs held a larger market share in 2022.
- Based on country, the North America digital isolators market is segmented into the US, Canada, and Mexico. The US dominated the market share in 2022.
Table of Contents
1. Introduction1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Digital Isolators Market Landscape
4.1 Market Overview
4.2 North America PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. North America Digital Isolators Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Demand from Industrial Sector
5.1.2 Focus of Companies on Development of Innovative Digital Isolator Products
5.2 Market Restraints
5.2.1 Variations in Performance of Digital Isolators Based on Quality of Materials
5.3 Market Opportunities
5.3.1 Growing Electric Vehicle Fleets
5.4 Future Trends
5.4.1 Growing Demand from Telecommunications Sector
5.5 Impact Analysis of Drivers and Restraints
6. Digital Isolators Market - North America Market Analysis
6.1 North America Digital Isolators Market Overview
6.2 North America Digital Isolators Market Revenue Forecast and Analysis
7. North America Digital Isolators Market Revenue and Forecast to 2028 - Type
7.1 Overview
7.2 North America Digital Isolators Market, by Type (2021 & 2028)
7.3 Optical Coupling
7.3.1 Overview
7.3.2 Optical Coupling: North America Digital Isolators Market Revenue and Forecast to 2028 (US$ Million)
7.4 Magnetic Coupling
7.4.1 Overview
7.4.2 Magnetic Coupling: North America Digital Isolators Market Revenue and Forecast to 2028 (US$ Million)
7.5 Capacitive Coupling
7.5.1 Overview
7.5.2 Capacitive Coupling: North America Digital Isolators Market Revenue and Forecast to 2028 (US$ Million)
7.6 Giant Magentoresistive GMR
7.6.1 Overview
7.6.2 Giant Magentoresistive GMR: North America Digital Isolators Market Revenue and Forecast to 2028 (US$ Million)
8. North America Digital Isolators Market Revenue and Forecast to 2028 - Application
8.1 Overview
8.2 North America Digital Isolators Market, by Application (2021 & 2028)
8.3 SMEs
8.3.1 Overview
8.3.2 SMEs: North America Digital Isolators Market Revenue and Forecast to 2028 (US$ Million)
8.4 Large Enterprises
8.4.1 Overview
8.4.2 Large Enterprises: North America Digital Isolators Market Revenue and Forecast to 2028 (US$ Million)
9. North America Digital Isolators Market - Country Analysis
9.1 Overview
9.1.1 North America: Digital Isolators Market, by Key Country
9.1.1.1 US: Digital Isolators Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 US: Digital Isolators Market, by Type
9.1.1.1.2 US: Digital Isolators Market, by Application
9.1.1.2 Canada: Digital Isolators Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 Canada: Digital Isolators Market, by Type
9.1.1.2.2 Canada: Digital Isolators Market, by Application
9.1.1.3 Mexico: Digital Isolators Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 Mexico: Digital Isolators Market, by Type
9.1.1.3.2 Mexico: Digital Isolators Market, by Application
10. Industry Landscape
10.1 Overview
10.2 Market Initiative
10.3 New Product Development
11. Company Profiles
11.1 Analog Devices Inc
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Broadcom Inc
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Infineon Technologies AG
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Skyworks Solutions Inc
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Nexperia BV
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Texas Instruments Inc
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Vicor Corp
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 On Semiconductor Corp
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 NVE Corp
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
12. Appendix
12.1 About the Publisher
12.2 Word Index
Table 1. North America Digital Isolators Market Revenue and Forecast to 2028 (US$ Million)
Table 2. US: Digital Isolators Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 3. US: Digital Isolators Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 4. Canada: Digital Isolators Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 5. Canada: Digital Isolators Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 6. Mexico: Digital Isolators Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 7. Mexico: Digital Isolators Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 8. List of Abbreviation
Figure 1. North America Digital Isolators Market Segmentation
Figure 2. North America Digital Isolators Market Segmentation - By Country
Figure 3. North America Digital Isolators Market Overview
Figure 4. North America Digital Isolators Market, by Type
Figure 5. North America Digital Isolators Market, by Application
Figure 6. North America Digital Isolators Market, by Country
Figure 7. North America - PEST Analysis
Figure 8. North America Digital Isolators Market - Ecosystem Analysis
Figure 9. North America Digital Isolators Market: Impact Analysis of Drivers and Restraints
Figure 10. North America Digital Isolators Market Revenue Forecast and Analysis (US$ Million)
Figure 11. North America Digital Isolators Market, by Type (2021 & 2028)
Figure 12. Optical Coupling: North America Digital Isolators Market Revenue and Forecast to 2028 (US$ Million)
Figure 13. Magnetic Coupling: Digital Isolators Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. Capacitive Coupling: North America Digital Isolators Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. Giant Magentoresistive GMR: North America Digital Isolators Market Revenue and Forecast to 2028 (US$ Million)
Figure 16. North America Digital Isolators Market, by Application (2021 & 2028)
Figure 17. SMEs: Digital Isolators Market Revenue and Forecast to 2028 (US$ Million)
Figure 18. Large Enterprises: North America Digital Isolators Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. North America: Digital Isolators Market, by Key Country - Revenue (2021) (US$ Million)
Figure 20. North America: Digital Isolators Market Revenue Share, by Key Country (2021 & 2028)
Figure 21. US: Digital Isolators Market - Revenue and Forecast to 2028 (US$ Million)
Figure 22. Canada: Digital Isolators Market - Revenue and Forecast to 2028 (US$ Million)
Figure 23. Mexico: Digital Isolators Market - Revenue and Forecast to 2028 (US$ Million)
Companies Mentioned
- Analog Devices Inc
- Broadcom Inc
- Infineon Technologies AG
- Nexperia BV
- NVE Corp
- On Semiconductor Corp
- Skyworks Solutions Inc
- Texas Instruments Inc
- Vicor Corp
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 114 |
| Published | January 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 965.78 Million |
| Forecasted Market Value ( USD | $ 1513.51 Million |
| Compound Annual Growth Rate | 7.8% |
| Regions Covered | North America |
| No. of Companies Mentioned | 9 |
