Integrated Circuit Optocouplers Market : High Growth Opportunities | Emerging Trends | Industry Review

Integrated circuit optocouplers are used in both a light source and light detector in the same IC package. The complete assembly consists of transistors, Schmitt triggers, Darlington’s, triacs, and low power couplers.
The integrated circuit optocoupler can be used with high speed communication up to 50 Mbps guaranteed performance at high temperature (-40 Degree C to 105 Degree C), which makes it ideal for measuring equipment, microcomputer communication, and factory automation network.
It offers a wide range of features such as pure resistor and non-polarity output, extensive analog liner resistance, simple circuit configuration suitable for DC and AC use, input to output isolation, and low distortion coupling.
These features make the integrated circuit optocoupler significant for high voltage solar inverter, industrial inverter, and 480V medical equipment and is expected to contribute to the market growth.

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Growing Adoption from Automotive Industry

Based on end-use industry, the global integrated circuit optocouplers market can be segmented into aerospace & defense, automotive, consumer electronics, healthcare, and others (commercial, oil & gas, power & utility, etc.).
Among the end-use industries, automotive is expected to be the fastest growing for integrated circuit optocouplers during the forecast period due to the increasing use of integrated circuit optocouplers to transfer electrical signals between two isolated circuits by using light.
Integrated circuit optocouplers are mainly used in core devices such as inverters for motor drives, AC & DC servo drives, uninterruptible power supply (UPS), industrial machines, and welding machines. This factor is significantly driving the integrated circuit optocouplers market in the automotive industry.
Moreover, rising adoption of integrated circuit optocouplers in factory automation, instrumentation, and valve control is further propelling the market.

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Asia Pacific to Lead the Integrated Circuit Optocouplers Market

In terms of region, the global integrated circuit optocouplers market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
Asia Pacific is expected to hold largest share of the integrated circuit optocouplers market throughout the forecast period due to increasing demand from automotive and healthcare industries.
Integrated circuit optocouplers are widely utilized in industrial control & machines to prevent high voltages from affecting the system receiving the signal.
Furthermore, rising urbanization, proliferation of health consciousness after the COVID-19 pandemic, investment in advanced factory automation solutions, and innovations in industrial machines & healthcare equipment, are factors stimulating the growth of the integrated circuit optocouplers market in Asia Pacific.
The market in North America and Europe is expected to expand at a significant rate during the forecast period due to growing demand for integrated circuit optocouplers from automotive and healthcare industries. Moreover, the growth is anticipated to be driven by leading countries such as the U.S, Canada, Germany, Spain, and Italy. The integrated circuit optocouplers market in Middle East & Africa and South America is anticipated to grow at a steady rate during the forecast period.

Key Players Operating in the Global Integrated Circuit Optocouplers Market

Broadcom Inc.

Isocom Components

Microchip Technologies

ON Semiconductor

Panasonic Corporation

Renesas Electronics Corporation.

Vishay Intertechnology, Inc.

ICT