The galvanic isolation market size has grown strongly in recent years. It will grow from $1.81 billion in 2023 to $1.97 billion in 2024 at a compound annual growth rate (CAGR) of 8.7%. The growth observed during the historical period can be attributed to several factors, including the expansion of telecommunications infrastructure, rising demand for automation, integration of renewable energy sources, increased electronic content within vehicles, and the expansion of data communication networks.
The galvanic isolation market size is expected to see strong growth in the next few years. It will grow to $2.78 billion in 2028 at a compound annual growth rate (CAGR) of 9%. The anticipated growth in the forecast period can be linked to several key factors, including a surge in electric vehicle (EV) production, the proliferation of internet of things (IoT) devices, heightened attention to electrical safety, and increased demand for medical devices. Notable trends expected in the forecast period encompass greater adoption of digital isolation technologies, the emergence of wireless charging solutions, the prominence of edge computing, advancements in high-speed communication interfaces, and a focus on miniaturization and integration.
The surge in renewable energy sources is poised to drive the expansion of the galvanic isolation market in the coming years. Renewable energy, synonymous with clean energy, derives from natural sources or continuous processes that are replenished over time. The growing adoption of renewable energy sources is attributed to their increasing affordability, favorable government policies, and global emphasis on sustainability and carbon emissions reduction. Galvanic isolation plays a critical role in ensuring safety and preventing ground loops in renewable energy systems by electrically isolating components. In systems such as solar photovoltaic (PV) and wind power generation, galvanic isolation creates a barrier between different electrical circuits, hindering current flow and eliminating ground loops. For instance, in December 2023, as per Eurostat, the European Union (EU) achieved a 23% share of its gross final energy consumption from renewable sources in 2022, marking a 1.1% point increase from 2021. Consequently, the surge in renewable energy sources is fostering growth in the galvanic isolation market.
Key market players are channeling their efforts toward advancing galvanic isolation technology to gain a competitive edge. Galvanic isolation technology is utilized to electrically separate two circuits while facilitating signal or power transfer, thereby preventing ground loops and enhancing safety. For example, in March 2021, Tower Semiconductor Ltd., an Israel-based semiconductor manufacturing company, introduced its latest state-of-the-art galvanic capacitor technology. This cutting-edge technology seamlessly integrates with 0.18um power management and mixed-signal platforms, enabling the development of isolated gate driver and digital isolator ICs capable of delivering up to 12 kV. These innovations significantly enhance safety and power efficiency, particularly in automotive, green power, and industrial applications. Moreover, the integration of galvanic isolators within the new technology offers cost and size advantages, obviating the need for additional devices.
In January 2023, Branford Castle Partners, a US-based provider of investment services, acquired GPT Industries from EnPro Industries for an undisclosed sum. This acquisition forms part of Branford's strategy to support GPT's growth and expand its product offerings into new markets and geographic regions. GPT Industries, a US-based provider, specializes in galvanic isolation through its flange isolation products.
Major companies operating in the galvanic isolation market are Schneider Electric SE, Broadcom Inc., Toshiba Electronic Devices & Storage Corporation, Würth Elektronik, Eaton Corporation, Texas Instruments Incorporated, STMicroelectronics N.V., TDK Corporation, Infineon Technologies AG, Murata Manufacturing Co. Ltd., NXP Semiconductors N.V., Analog Devices Inc., Renesas Electronics Corporation, ROHM Semiconductor, Vishay Intertechnology, Maxim Integrated, Corrpro Companies Inc., Mornsun Power, Silicon Laboratories, Semtech Corporation, Pepperl+Fuchs GmbH, Power Integrations, RECOM Power GmbH, Perle Systems Europe Ltd., Professional Mariner LLC, Traco Electronic AG.
North America was the largest region in the galvanic isolation market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the galvanic isolation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the galvanic isolation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Galvanic isolation involves separating the input and output supplies of a device, facilitating current flow through either a field or electrical connections. It enables the safe transfer of power between two circuits that should remain uncoupled, primarily enhancing safety in industrial-grade products. This is particularly crucial in scenarios where wired communication is necessary between two devices, each independently controlling its power.
The main types of galvanic isolation exist such as analog galvanic isolation and digital galvanic isolation. Analog galvanic isolation involves circuitry that effectively segregates the input circuit from all other electronics within the system, providing comprehensive isolation. This type of isolation is available across various data ranges, including above 75 mbps, 25-75 mbps, and 25 mbps, and it comes with various channels, such as two channels, four channels, six channels, eight channels, and others. These solutions are distributed through diverse sales channels, including online retail and direct sales, catering to applications spanning healthcare, telecommunications, manufacturing, energy, automotive, aerospace and defense, consumer electronics, and more.
The galvanic isolation market research report is one of a series of new reports that provides galvanic isolation market statistics, including galvanic isolation industry global market size, regional shares, competitors with a galvanic isolation market share, detailed galvanic isolation market segments, market trends and opportunities, and any further data you may need to thrive in the galvanic isolation industry. This galvanic isolation market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The galvanic isolation market consists of revenues earned by entities by providing services such as signal isolation, power isolation, and galvanic isolation in uninterruptible power supplies. The market value includes the value of related goods sold by the service provider or included within the service offering. The galvanic isolation market also includes sales of transformers, capacitors, opto-isolators, and hall effect sensors. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The galvanic isolation market size is expected to see strong growth in the next few years. It will grow to $2.78 billion in 2028 at a compound annual growth rate (CAGR) of 9%. The anticipated growth in the forecast period can be linked to several key factors, including a surge in electric vehicle (EV) production, the proliferation of internet of things (IoT) devices, heightened attention to electrical safety, and increased demand for medical devices. Notable trends expected in the forecast period encompass greater adoption of digital isolation technologies, the emergence of wireless charging solutions, the prominence of edge computing, advancements in high-speed communication interfaces, and a focus on miniaturization and integration.
The surge in renewable energy sources is poised to drive the expansion of the galvanic isolation market in the coming years. Renewable energy, synonymous with clean energy, derives from natural sources or continuous processes that are replenished over time. The growing adoption of renewable energy sources is attributed to their increasing affordability, favorable government policies, and global emphasis on sustainability and carbon emissions reduction. Galvanic isolation plays a critical role in ensuring safety and preventing ground loops in renewable energy systems by electrically isolating components. In systems such as solar photovoltaic (PV) and wind power generation, galvanic isolation creates a barrier between different electrical circuits, hindering current flow and eliminating ground loops. For instance, in December 2023, as per Eurostat, the European Union (EU) achieved a 23% share of its gross final energy consumption from renewable sources in 2022, marking a 1.1% point increase from 2021. Consequently, the surge in renewable energy sources is fostering growth in the galvanic isolation market.
Key market players are channeling their efforts toward advancing galvanic isolation technology to gain a competitive edge. Galvanic isolation technology is utilized to electrically separate two circuits while facilitating signal or power transfer, thereby preventing ground loops and enhancing safety. For example, in March 2021, Tower Semiconductor Ltd., an Israel-based semiconductor manufacturing company, introduced its latest state-of-the-art galvanic capacitor technology. This cutting-edge technology seamlessly integrates with 0.18um power management and mixed-signal platforms, enabling the development of isolated gate driver and digital isolator ICs capable of delivering up to 12 kV. These innovations significantly enhance safety and power efficiency, particularly in automotive, green power, and industrial applications. Moreover, the integration of galvanic isolators within the new technology offers cost and size advantages, obviating the need for additional devices.
In January 2023, Branford Castle Partners, a US-based provider of investment services, acquired GPT Industries from EnPro Industries for an undisclosed sum. This acquisition forms part of Branford's strategy to support GPT's growth and expand its product offerings into new markets and geographic regions. GPT Industries, a US-based provider, specializes in galvanic isolation through its flange isolation products.
Major companies operating in the galvanic isolation market are Schneider Electric SE, Broadcom Inc., Toshiba Electronic Devices & Storage Corporation, Würth Elektronik, Eaton Corporation, Texas Instruments Incorporated, STMicroelectronics N.V., TDK Corporation, Infineon Technologies AG, Murata Manufacturing Co. Ltd., NXP Semiconductors N.V., Analog Devices Inc., Renesas Electronics Corporation, ROHM Semiconductor, Vishay Intertechnology, Maxim Integrated, Corrpro Companies Inc., Mornsun Power, Silicon Laboratories, Semtech Corporation, Pepperl+Fuchs GmbH, Power Integrations, RECOM Power GmbH, Perle Systems Europe Ltd., Professional Mariner LLC, Traco Electronic AG.
North America was the largest region in the galvanic isolation market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the galvanic isolation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the galvanic isolation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Galvanic isolation involves separating the input and output supplies of a device, facilitating current flow through either a field or electrical connections. It enables the safe transfer of power between two circuits that should remain uncoupled, primarily enhancing safety in industrial-grade products. This is particularly crucial in scenarios where wired communication is necessary between two devices, each independently controlling its power.
The main types of galvanic isolation exist such as analog galvanic isolation and digital galvanic isolation. Analog galvanic isolation involves circuitry that effectively segregates the input circuit from all other electronics within the system, providing comprehensive isolation. This type of isolation is available across various data ranges, including above 75 mbps, 25-75 mbps, and 25 mbps, and it comes with various channels, such as two channels, four channels, six channels, eight channels, and others. These solutions are distributed through diverse sales channels, including online retail and direct sales, catering to applications spanning healthcare, telecommunications, manufacturing, energy, automotive, aerospace and defense, consumer electronics, and more.
The galvanic isolation market research report is one of a series of new reports that provides galvanic isolation market statistics, including galvanic isolation industry global market size, regional shares, competitors with a galvanic isolation market share, detailed galvanic isolation market segments, market trends and opportunities, and any further data you may need to thrive in the galvanic isolation industry. This galvanic isolation market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The galvanic isolation market consists of revenues earned by entities by providing services such as signal isolation, power isolation, and galvanic isolation in uninterruptible power supplies. The market value includes the value of related goods sold by the service provider or included within the service offering. The galvanic isolation market also includes sales of transformers, capacitors, opto-isolators, and hall effect sensors. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Galvanic Isolation Market Characteristics3. Galvanic Isolation Market Trends and Strategies32. Global Galvanic Isolation Market Competitive Benchmarking33. Global Galvanic Isolation Market Competitive Dashboard34. Key Mergers and Acquisitions in the Galvanic Isolation Market
4. Galvanic Isolation Market - Macro Economic Scenario
5. Global Galvanic Isolation Market Size and Growth
6. Galvanic Isolation Market Segmentation
25 Mbps
7. Galvanic Isolation Market Regional and Country Analysis
8. Asia-Pacific Galvanic Isolation Market
9. China Galvanic Isolation Market
10. India Galvanic Isolation Market
11. Japan Galvanic Isolation Market
12. Australia Galvanic Isolation Market
13. Indonesia Galvanic Isolation Market
14. South Korea Galvanic Isolation Market
15. Western Europe Galvanic Isolation Market
16. UK Galvanic Isolation Market
17. Germany Galvanic Isolation Market
18. France Galvanic Isolation Market
19. Italy Galvanic Isolation Market
20. Spain Galvanic Isolation Market
21. Eastern Europe Galvanic Isolation Market
22. Russia Galvanic Isolation Market
23. North America Galvanic Isolation Market
24. USA Galvanic Isolation Market
25. Canada Galvanic Isolation Market
26. South America Galvanic Isolation Market
27. Brazil Galvanic Isolation Market
28. Middle East Galvanic Isolation Market
29. Africa Galvanic Isolation Market
30. Galvanic Isolation Market Competitive Landscape and Company Profiles
31. Galvanic Isolation Market Other Major and Innovative Companies
35. Galvanic Isolation Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Galvanic Isolation Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on galvanic isolation market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for galvanic isolation? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The galvanic isolation market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) by Type: Analog Galvanic Isolation; Digital Galvanic Isolation2) by Data Range: Above 75 Mbps; 25-75 Mbps; 25 Mbps
3) by Channel: Two Channels; Four Channels; Six Channels; Eight Channels; Other Channels
4) by Sales Channel: Online Retail; Direct Sales
5) by Application: Healthcare; Telecommunications; Manufacturing; Energy; Automotive; Aerospace and Defense; Consumer Electronics; Other Applications.
Key Companies Mentioned: Schneider Electric SE; Broadcom Inc; Toshiba Electronic Devices & Storage Corporation; Würth Elektronik; Eaton Corporation
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Schneider Electric SE
- Broadcom Inc
- Toshiba Electronic Devices & Storage Corporation
- Würth Elektronik
- Eaton Corporation
- Texas Instruments Incorporated
- STMicroelectronics N.V
- TDK Corporation
- Infineon Technologies AG
- Murata Manufacturing Co. Ltd
- NXP Semiconductors N.V
- Analog Devices Inc
- Renesas Electronics Corporation
- ROHM Semiconductor
- Vishay Intertechnology
- Maxim Integrated
- Corrpro Companies Inc
- Mornsun Power
- Silicon Laboratories
- Semtech Corporation
- Pepperl+Fuchs GmbH
- Power Integrations
- RECOM Power GmbH
- Perle Systems Europe Ltd
- Professional Mariner LLC
- Traco Electronic AG
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | May 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 1.97 Billion |
Forecasted Market Value ( USD | $ 2.78 Billion |
Compound Annual Growth Rate | 9.0% |
Regions Covered | Global |