Global Digital Isolator Market - WishTree Insight

Global Digital Isolator Market by Channel (2 Channel, 4 Channel, 6 Channel, 8 Channel, and Others), Data Rate (0-25 Mbps, 25-75 Mbps, above 75 Mbps), Technology (Magnetic Coupling, Giant Magnetoresistive, Capacitive Coupling), Insulating Material (Silicon Dioxide- based, Polyimide-based, and Others), Vertical (Automotive, Healthcare, Industrial, Defence & Aerospace, telecommunications, Energy & Power, and Others) and Regions (The Asia Pacific, Middle East Africa, Europe, North America, and Latin America) - Global Industry Analysis, Share, Growth, Trends, Size, and Forecast 2021 – 2031

The global digital isolator market size was valued at USD 1.7 billion in 2021 and is expected to surpass USD 3.4 billion by 2031, expanding at a CAGR of 9.1 % during the forecast period, 2021–2031. The growth of the market is attributed to the demand for the digital isolator market for various industrial applications, the popularity of noise–free electronics and electrical devices, the replacement of conventional optocouplers with digital isolators, the electrification of automobiles, the increase in industrial safety, use of isolator application for harsh environments, and the high operating efficiency of digital isolators.

INTRODUCTION

Digital isolators are integrated devices used to transfer and isolate digital signals across an isolation barrier. This device uses magnetic coupling that provides high insulation performance and high speed with digital signals. They allow designers to implement robust solutions with the flexibility of 6 channels.

They are used as DC/DC converters in solar industrial and battery–powered machines, as it provides higher safety and better features. Digital isolators are used in the control area network (CAN). These isolators use RF coupling techniques to transmit digital information across the isolation barrier. These isolators are faster and give fewer errors. They have vast applications in Dc/Dc Converters, analog to digital converters (ADCs), CAN Isolation, gate drivers, USB & other communication ports, gate drivers, and others.

The increased use of digital isolators as gate openers, industrial motor–drive applications, assistance in healthcare, electrification of autos, and the demand for safety regulation in the automation industry are some of the factors that are fueling the market of digital isolators. Technological advancements & digitalization, increasing use of semiconductors in photo-sensitive devices, and detection of high-frequency digital signals at high altitudes are considered major factors to drive the market.

Market Trends, Drivers, Restraints, and Opportunities

• The rapid digitization and advanced growth of technology across the globe are key factors for the rise of the Digital Isolator Market.
• The product’s high compatibility, efficiency, reliability, low cost, and widespread applications are some of the market drivers.
• Increase in the use of renewable energy sources is driving the market growth.
• The growing cost of digital isolator accessories is one of the restraining factors in this market.
• The need for additional modulators for digital isolators for transmitting low –frequency signals allows them to use in high-frequency applications only. This is one of the drawbacks of digital isolators.
• The increasing demand for gate drivers generated by the proliferation of electric and hybrid electric vehicles offers lucrative opportunities for digital isolators.
• The new product development in digital isolators may offer wide opportunities for market players in the coming years.

Scope of the Report

Market Segment Insights

The 8–channel segment is expected to expand at a rapid pace

Based on channel, the global digital isolator market is divided into 2 channels, 4 channels, 6 channels, 8 channels, and others. The 8–channel segment is expected to expand at a rapid pace during the forecast period in terms of value. As these isolator handles the signal of 150Mbps and gives high precision. They are employed in industrial automation and automotive applications. However, the 6-channel segment is anticipated to hold a key share of the market in the coming years.

The above75 Mbps segment is projected to register a considerable CAGR

Based on Data Rate, the market is segregated into 0–25 Mbps, 25–75 Mbps, and above 75 Mbps. The above 75 Mbps segment is projected to register a considerable CAGR during the forecast period. The rise in this segment is attributed to the rising adoption of giant magnetoresistive isolation type that gives improved accuracy in large data rates, it reduces the propagation delays that give sensitive, smooth and precise data signals.

The giant magneto-resistive (GMR) segment is expected to expand at a rapid pace

Based on technology, the digital isolator market is divided into magnetic coupling, giant magnetoresistive, and capacitive coupling. The giant magneto-resistive segment is expected to expand at a rapid pace during the forecast period. The isolators based on giant magneto–resistive (GMR) give good accuracy and sensitivity than the isolators based on capacitive coupling and magnetic coupling. GMR-based isolators also provide a fast–switching speed of up to 150Mbps with a low propagation delay of 10 to 15 ns. Furthermore, the material used in these isolators increases their shelf life.

The silicon dioxide-based isolator segment is projected to register a considerable CAGR

On the Based onting material, the market is segregated into silicon dioxide-based, polyimide–based, and others. The silicon dioxide-based (SiO2) isolator segment is projected to register a considerable CAGR during the forecast period. The SiO2 is used in large amounts to manufacture digital isolators. On the other hand, the polyimide–based segment is anticipated to account for a major market share during the forecast period. The share of this segment is attributed to its performance, long life, and protection than Sio2.

The automotive segment is expected to expand at a considerable CAGR of 9.5%

Based on vertical, the digital isolator market is divided into automotive, healthcare, industrial, defense & aerospace, telecommunications, energy & power, and others. The automotive segment is expected to expand at a considerable CAGR of 9.5% during the forecast period. The growth of the segment is attributed to the electrification of automobiles. In the automotive vertical, digital isolators are used in hybrid electric vehicles (HEV), the motor of battery–operated electric vehicles (BEV), plug–in hybrid electric vehicles (PHEV), and other vehicle automation systems. However, the defense & aerospace segment is anticipated to hold a key share of the market in the coming years.

The North American region is anticipated to constitute a key market share

In terms of regions, the digital isolator market is classified as the Asia Pacific, Middle East Africa, Europe, North America, and Latin America. The market of the North American region is expected to constitute a key share of the market during the projected period. due to the increased demand for digital isolators in the region's automotive, telecommunication, aerospace & defense industries. However, the market of the Asia Pacific region is anticipated to expand at a rapid pace during the forecast period with key players adopting an expansion strategy to gain maximum market share in the coming years. Countries in South Asia and East Asia like China, India, and South Korea are offering ample opportunities for the growth of the digital isolator market with its high population base and increasing growth in the semiconductor industry, high demand for noise-free electronics in the manufacturing of various electronics and smart devices.

Competitive Landscape

Key players competing in the Digital isolator market are Texas Instruments. Inc. (U.S.); Advantech Co Ltd (Taiwan); Silicon Laboratories (U.S.); Analog Devices. Inc. (U.S.); Broadcom Ltd (U.S.); Infineon Technologies AG (Germany); Murata Manufacturing Company Ltd (Japan); NXP Semiconductors N.V. (Netherlands); STMicroelectronics N.V. (Switzerland); ON Semiconductor (U.S.); Rashtriya Electrical & Engineering Corporation (India).

FAQs

How much is the market worth in 2021?

The digital isolator market size was valued at USD 1.7 billion in 2021.

Mention the market size of the Digital isolator market in 2031?

The digital isolator market size was valued at USD 3.4 billion in 2031.

During the forecast period, what is the CAGR of the market?

During the forecast period, the CAGR of the market is expected to be 9.1%

What are the key drivers of the market?

The growth of the market is attributed to the demand for the digital isolator market for various industrial applications, the popularity of noise-free electronics and electrical devices, the replacement of conventional optocouplers with digital isolators, the electrification of automobiles, the increase in industrial safety, use of isolator application for harsh environments, and the high operating efficiency of digital isolators.

Mention the segments covered in the Digital isolator market report.

Channel (2 Channel, 4 Channel, 6 Channel, 8 Channel, and others), Data Rate (0-25 Mbps, 25–75 Mbps, above 75 Mbps), Technology (Magnetic Coupling, Giant Magnetoresistive, Capacitive Coupling), Insulating Material (Silicon Dioxide–based, Polyimide–based, and others), Vertical (Automotive, Healthcare, Industrial, Defense & Aerospace, telecommunications, Energy & Power, and Others)

Mention the region is expected to hold the highest share in the Digital isolator market.

The North American region is expected to hold the highest share of the Digital isolator market.

Mention the key players in the market.

Texas Instruments. Inc. (U.S.); Advantech Co Ltd (Taiwan); Silicon Laboratories (U.S.); Analog Devices. Inc. (U.S.); Broadcom Ltd (U.S.);Infineon Technologies AG (Germany); Murata Manufacturing Company Ltd (Japan); NXP Semiconductors N.V. (Netherlands); STMicroelectronics N.V. (Switzerland); ON Semiconductor (U.S.); Rashtriya Electrical & Engineering Corporation (India).