Operational Amplifier Market Size is Expected to Reach USD 2.24 Billion by 2030 | Global demand for sensors and transducers are expected to fuel the growth
Research Reports
Feb 13, 2023
Operational Amplifier Market Overview Insights
According to MRFR analysis, the global Operational Amplifier Market is expected to register a CAGR of ~6.21% from 2022 to 2030 and hold a value of over USD 2.24 Billion by 2030.
Operational amplifiers market, which make up the operational amplifier (OP-AMP) industry, are regarded as the fundamental components of analog electronic circuits because of their high input impedance and high gain. An operational amplifier is a linear device that typically performs signal conditioning, filtering, or other processing tasks. It has all the qualities needed for DC amplification. It is utilized to carry out mathematical operations including addition, subtraction, integration, and differentiation, and is beneficial for application performance. Another definition of an ideal operational amplifier is a three-terminal device with two high-impedance inputs, one of which is an inverting input indicated with a negative sign and the other of which is a non-inverting input marked with a positive sign.
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The pandemic’s abrupt and unexpected emergence has caused significant obstacles and problems for the market potential for operational amplifiers that were being pursued throughout the current projection period, which will expire in 2028. The market must urgently develop alternatives in response to the new coronavirus pandemic’s adverse effects, and must also record a sizable number of sales of such alternatives during the lockdown and functional limits imposed by the international market governments.
Operational Amplifier Market Key Players
Some of the key market players are-
- Texas Instruments
- Maxim Integrated
- STMicroelectronics
- Cirrus Logic
- ON Semiconductor
- KEC (Korea Electronics)
- API Technologies Corp
- NXP Semiconductors
- Analog Devices
- Fairchild Semiconductor.
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Report Scope:
|
Report Attribute/Metric |
Details |
|
Operational Amplifier Market Size in 2030 |
USD 2.24 Billion |
|
Growth rate: |
CAGR of 6.21% from 2022 to 2030 |
|
Forecast Period |
2022-2030 |
|
Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Operational Amplifier Market Regional Analysis
Due to rising demand for connected devices and increased use of battery-powered goods, the North American area is currently holding the greatest market share for operational amplifiers. In the not-too-distant future, the Asian Pacific area will account for the largest market share for operational amplifiers due to the development and rising demand for battery-powered goods. Due to the increased adoption of sensors and transducers across several industrial verticals, Europe is the region where the market for operational amplifiers is expanding at the highest rate.
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Operational Amplifier Market Segmentation Outlook
The global Operational Amplifier market has been segmented by Type and Application.
Based on Type, the market has been segmented into General Purpose, High-Precision, Low Noise, Low-Power, and Low Voltage Amplifier.
Based on Application, the market has been segmented into Automatic Control Systems, Medical, Test & Measurement, and Vehicle Electronics.
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