Global optocouplers market is primarily driven by factors such as growth of industrial and automotive sector in emerging markets. Industrial automation communication and automotive sectors are witnessing high demand for optocouplers in developing countries such as China, India, and others.
Albany, NY -- (SBWIRE) -- 12/21/2015 -- Optocouplers or opto-isolators are electronic devices used to protect components that require low voltage inputs. Optocouplers isolate a lower voltage section from a high voltage section in the same circuit.. The scope of the report includes competitive analysis of various market segments based on types, applications and in-depth cross sectional scrutiny of the optocouplers market across different geographic segments. Growing demand for automotive and industrial optocouplers has fuelled the growth of optocouplers market. Optocouplers are used for isolation of components that requires low voltage to operate and also for transferring data while filtering noise among others. Increasing penetration of high end vehicles with driver assistance systems and various industrial applications for isolating components is driving the market for optocouplers,. Driver assistance system in automotives requires an electronic control unit (ECU) to operate which runs on a considerably low voltage. This step down of voltage and isolation is achieved through an optocouplers. Moreover industrial machines and components require a high voltage butwhere as some components among them require low voltage to operate. These needs for isolation of voltages are generally achieved through an optocoupler. As a result, usage of optocouplers is estimated to rise during the forecast period.
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Rising environment concerns for lead free production of electrical components has created opportunity for optocouplers manufacturers to manufacture optocouplers according to environment standard. Demand for printer and imaging device and digital signage has fuelled the market for optocouplers in all the regions globally. Expansion of various industries in Asia Pacific has conjointly impacted the application of optocouplers in communication, industrial and automotive sectors. Growth of hybrid electric vehicles (HEVs) and advancement in isolation techniques are the two major drivers driving growth of the optocouplers market. HEVs have a wide application of optocouplers in their powertrain, and charging unit, to safeguard their user. New isolation techniques such as hermetically sealed components (airtight) in applications like aerospace, military and navy among others gave rise to the need for hermetic optocouplers
To aid in strategic decision making, the report also includes competitive profiling of leading players in the industry and their market share in different geographic regions (North America, Europe, Asia Pacific and Rest of the World). Moreover, various business strategies adopted by leading players has also been discussed in the report. The market attractiveness analysis in the report provides insight into market dynamics and industry competition.
The report segments the market on the basis of geography into North America, Europe, Asia Pacific, and Rest of the World (RoW), and estimated in terms revenue (USD Billion). In addition, the report segments the market based on product types into 4 pin optocouplers, 6 pin optocouplers, high speed optocouplers, IGBT gate driver optocouplers and isolation amplifier optocouplers. The market is also segmented by application of optocouplers in different sectors into automotive, printer and imaging device, signage, commercial, industrial and communication. Each application segment and product type has also been estimated on the basis of geography in terms of revenue (USD Billion).
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The report also provides breakdown and review of various factors impacting the market growth, which are appropriately described as market drivers, restraints, and opportunities. These factors determine various existing trends and their impact on market growth. Overall, the report includes a holistic analysis of the global optocouplers market, and provides an estimate of growth for the period 2015 to 2021, keeping in mind the various factors that has an impact on the market.
Some of the leading players in the market are: Avago Technologies (United States), Fairchild Semiconductor (United States), Vishay Intertechnology (United States), Toshiba Corporation (Japan), Silicon Laboratories, Inc. (United States), Analog Devices, Inc. (United States) and Renesas Electronics (Japan) among others.
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