How the Markets are Reacting to the Analog-to-Digital Converter Surge
The markets in 2021 had a surge in the analog to digital converter (ADC) space, reaching an overall value of USD $2.3 billion. While this trend has been sharply upward, analysts are seeing a CAGR of 5.40% from 2022 – 2027.
Some of this trend is because more and more devices are being manufactured in a digital form, from start to finish. The signal inputs are digital rather than from an analog device. But overall, the pricing is falling, and the use cases are holding steady.
The ADC is used in many places and will not fall victim to digitization. The ADC is an electric circuit that converts an input analog signal to a digital form that can be read and processed to be read by a microcontroller. There are so many uses for this circuit, that a reduction in use, even with the advancement of digitization is unlikely. |