Integrated Circuits Market to Reach USD 1,248.6 Billion by 2030
On 18th January 2023, Infineon Technologies has developed 160V three-phase gate driver based on silicon-on-insulator (SOI) process: Exclusive Report by Cognitive Market Research
CHICAGO, Jan. 25, 2023 /PRNewswire/ --
Integrated Circuits Market Summary:
As per Cognitive Market Research Analysis, the Integrated Circuits Market size is projected to be USD 1,248.6 billion by 2030 at a CAGR of 9.2% from 2023-2030. The popularity of integrated circuits in products like smartphones, computers, computerized cameras, medical equipment, automobiles, and many other items is fueling the growth of this market during the forecast period. Additionally, technological advancements in the acquisition of electronic equipment and the emerging trend for computerization and digitalization, have aided in market expansion. The company Infineon introduces the MOTIX 3-phase gate driver IC 6ED2742S01Q. 160 V silicon-on-insulator (SOI) gate driver with integrated paging unit (PMU) in a QFN-32 package with thermally efficient exposed power pad.
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Major findings during the study of the Integrated Circuits Market:
Players Currently Dominating the Integrated Circuits Market
Players involved in the global Integrated Circuits Market are Texas Instruments, Derf Electronics Corporation, Infineon Technologies AG, STMicroelectronics, Intel Corporation, FUJITSU, and Others.
Current Trends of Manufacturers in the Integrated Circuits Market:
Micross & Apogee Semiconductor Announces Global Partnership to Offer Rad-Tolerant/Rad-Hard Integrated Circuits
Micross Components, Inc., a global supplier of mission-critical microelectronic components and services for aerospace, defense, medical, and industrial applications, announced a partnership with Apogee Semiconductor, a radiation-hardened by-design semiconductor company. Together, Apogee Semiconductor and Apogee Semiconductor now offer products in a variety of form factors, including interface, logic, and conversion ICs.
Analog Devices Completes Acquisition of Maxim Integrated
Analog Devices, Inc. (ADI) announced the completion of its previously announced acquisition of Maxim Integrated Products, Inc. The merger is expected to strengthen ADI's other position as a high-performance analog semiconductor company.
Infineon Technologies launches 160V three-phase gate driver based on silicon-on-insulator (SOI) process
Infineon Technologies' iMOTION IMD110-6 is a family of highly integrated ICs for controlling three-phase motors. These devices integrate a motor controller with a high-voltage three-phase gate driver and voltage regulator capable of driving a variety of MOSFETs or IGBTs. The three-phase gate drivers are based on Infineon's latest SOI (silicon-on-insulator) technology, which combines robustness with low failure rates and low-level switching losses.
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The outbreak of COVID-19 had little impact on the growth of the integrated circuit market. Over the past 18 months, most industries worldwide have been negatively impacted. This can be attributed to the significant disruptions experienced by their respective manufacturing operations in the chain of operations, as well as various precautionary lockdowns and other restrictions imposed by regulators across the globe. The same applies to the global IC market. As with most people's overall economic situation, the pandemic severely impacts the essential spending of their respective budgets. The factors mentioned above are expected to weigh on the revenue trajectory of the global IC market more than the forecasts considered for the launch.
Integrated Circuits Market Report Scope
List Of Integrated Circuits Market Companies we studied during Report:
Related Reports to Integrated Circuits Market:
The global application-specific integrated circuit market size will be valued at USD 32.45 billion by 2030 and is expected to grow at a CAGR of 6.2%. Application-specific integrated circuits are special integrated circuits designed to meet specific requirements. A particular IC is manufactured and designed considering its application and requirements. ASIC is mainly recommended for high-volume production; therefore, it is widely used in manufacturing, automotive, industrial, etc. ASICs help reduce chip size because of their ability to perform multiple functions on a single chip. In addition, these chips provide the high speed and high efficiency required by today's advanced technologies.
The automotive integrated circuit market size is expected to reach nearly $ 123.56 Bn by 2030 with a CAGR of 8.81%. Automotive system integrated circuits for deployed for use in engine management, alternator electronics, System Basis Chips (SBCs), and transmission control systems, among others. The integrated circuits are designed to meet the highest industry standards while concurrently improving performance considerably. Integrated circuits for automotive are used in automotive security systems, hybrid and electric vehicles, body electronics, powertrain systems, chassis, safety, and advanced driver assistance system (ADAS).
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