Analog IC Market Size, Share, and Industry Analysis By Type (Voltage Regulators, Amplifiers and Comparators, Power Management, RF Transceivers, Touch Sensors, LED Drivers, and Others), By Application (Consumer Electronics, Automotive, Computing Devices, Industrial, Automotive, Healthcare, and Others), and Regional Forecast, 2025-2032

The global analog IC market is driven by the increasing demand for advanced consumer electronics products. Many of these devices, such as wearable fitness trackers, smart smoke, smartwatches, and dimmers, require power management, portability, and analog processing. According to Ericsson report in 2023, in a recent poll of smartphone users worldwide, 50% forecasted that stylish AR glasses will be widely adopted in society by the year 2030.  Analog IC forms a cost-effective, reliable, and low-power solution that meets the above requirements and drives market growth.

Moreover, such ICs are increasingly being used in automotive applications for safety features, navigation, infotainment systems, and fuel efficiency. Consequently, the growing demand for advanced driver assistance systems (ADAS) among autonomous and intelligent vehicles drives the need for advanced sensors fueling the analog IC market growth.

• In September 2023, Apex Microtechnology expanded its Precision IC product line by adding four new driver and sensor ICs. The additions include a high-voltage interface integrated circuit, an 8-bit HV parallel driver integrated circuit, a proximity sensor integrated circuit, and a 32-channel high-voltage integrated circuit.

Impact of AI on the Analog IC Market

Artificial Intelligence is enhancing operational efficiencies, reshaping industry landscapes, and fostering new revenue streams. The advent of AI and machine learning algorithms in analog designing and transformer-based AI provides new openings and tackles the challenges of analog design problems. Moreover, an AI-infused operational amplifier makes intelligent decisions on the input signal and substitutes this value when the actual sign is corrupted. For instance,

• June 2024: Cadence Design Systems, Inc., collaborated with Intel Foundry on EDA flows, 3D-IC enablement, and IP development across Intel process nodes for the AI era.


• June 2024: Cadence Design Systems, Inc., partnered with Samsung Foundry to accelerate design for AI and 3D-IC semiconductors. The collaboration aimed at advancing system and semiconductor development for applications, including automotive, AI, hyperscale computing, aerospace, and mobile.

Analog IC Market Driver

Increasing Demand for Motion Sensing in Consumer Electronics to Drive Market Growth

A key driver of the market is the increasing demand for consumer electronics, along with the higher demand for handsets and portable devices. The sector continues to drive demand in the analog IC industry with the rapid adoption of motion sensing (gyroscopes and accelerometers) into tablet computers and smartphones, considerably increasing the demand for sensor interface IC.

• May 2024: Leadtrend Technology Corp. and Wise-integration jointly developed a Gallium Nitride system-in-package that is precisely built to support consumer electronics applications. The partnership is aimed at developing a 65-watt USB PD adaptor specifically designed for rapid and efficient charging of laptops, smartphones, and other electronic devices.

Analog IC Market Restraint

Imbalances in Component Supply and Integration Processes to Pose Challenges in the Market

One of the major challenges the market faces is integrating analogs. It is not easy to design an analog component for system-on-chip that is more digital-oriented than analog, which decreases the volt. Additionally, the fabrication process for analog IC integration is divergent from the fabrication process for digital processing.

Moreover, challenges to market growth can also include a weak macroeconomic environment hampering component supply and demand or customer acceptance of the next big applications to consume large quantities of analog ICs.

Analog IC Market Opportunity

Corporate Strategies such as Mergers, Acquisitions, and Collaborations to Present Significant Market Opportunities

The market is a developing landscape offering major opportunities for investors and businesses. Understanding the dynamics of this market is vital for making informed decisions regarding expansion and investments. Companies worldwide are adopting many corporate strategies such as mergers and acquisitions, collaborations, and partnerships, among others, to set footprints in global markets and increase customer base.

• April 2024: At the TSMC 2024 North America Technology Symposium, TSMC collaborated with Siemens Digital Industries Software on design tool certifications and EDA technologies. The combination of TSMC’s advanced packaging technologies and Siemens’ IC design solutions enables customers to foster innovations.

Segmentation

Key Insights

The report covers the following key insights:

• Micro Macro Economic Indicators


• Drivers, Restraints, Trends, and Opportunities


• Business Strategies Adopted by Key Players


• Impact of AI on the Global Analog IC Market


• Consolidated SWOT Analysis of Key Players

Analysis by Type

Based on type, the market is subdivided into voltage regulators, amplifiers and comparators, power management, rf transceivers, touch sensors, LED drivers, and others.

Amplifiers and comparators hold the highest market share owing to the growing demand for speed, precision, and efficiency in consumer electronics. Such growing complexities of electronic systems necessitate the application of analog ICs with increased functionality.

• November 2023: Apex Microtechnology launched the PA166. It is a multi-purpose power amplifier IC with dual channels designed with power density in mind. It comes furnished with a pair of high-voltage MOSFET operational amplifiers with solid cores.

Analysis by Application

Based on application, the market is subdivided into consumer electronics, automotive, computing devices, industrial, automotive, healthcare, and others.

Analog ICs are used across many applications, including consumer electronics, automotive, computing devices, industrial, automotive, healthcare, and others. Its small size, power management functions, and ability to work with signals from zero to full voltage allow analog ICs to improve their landscape across various applications.

• April 2024: DigiKey expanded its product portfolio by partnering with 3PEAK. The product portfolio includes isolation, amplifiers, interface, LDO & voltage reference, data converters, supervisors, and battery management. These solutions cater to many applications, including industrial, communication, security monitoring, health, new energy, medical, instrumentation, and the automotive industry.

Regional Analysis

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Based on region, the market has been studied across North America, Europe, Asia Pacific, South America, and the Middle East & Africa.

The Asia Pacific region holds the highest share in the global analog IC market, driven by the increasing rate of manufacturing consumption in the region. Furthermore, growing reliance on internet connectivity and the affordability of smartphones is driving the demand for sensor interface analog ICs.

• November 2023: SGMICRO, a Chinese analog IC supplier, is driving technological advancements in the new energy landscape, focusing on reducing energy consumption. The company focuses on sustainable development in its staggering 4,600 analog/mixed-signal products across 30 categories.

North America is expected to hold the highest CAGR over the forecast period owing to the rapid application of analog ICs in the automotive sector. The demand for analog ICs has surged with the growing complexity of automotive electronics such as driver assistance systems (ADAS), infotainment systems, and electric vehicle components.

Furthermore, the analog IC market in the Middle East and Africa region is poised for steady growth with ongoing investments and international collaborations.

• June 2024: Cadence collaborated with GSME to accelerate semiconductor industry development and growth in Oman and the broader Middle East countries.

Key Players Covered

The global analog IC market is fragmented, with the presence of a large number of group and standalone providers.

The report includes the profiles of the following key players:

• Texas Instruments Incorporated (U.S.)


• Analog Devices, Inc. (U.S.)


• Infineon Technologies AG (Germany)


• Skyworks Solutions, Inc. (U.S.)


• STMicroelectronics (Switzerland)


• NXP Semiconductors (Netherlands)


• Maxim Integrated Products Inc. (U.S.)


• ON Semiconductor (U.S.)


• Renesas Corporation (Japan)


• Qualcomm Technologies, Inc. (U.S.)

Key Industry Developments

• March 2024: Onsemi formed a new group called the Analog and Mixed-Signal Group (AMG). The group focuses on expanding Onsemi’s power management and sensor interface devices across industrial, automotive, and cloud end markets.


• February 2023: Asahi Kasei Microdevices Corporation (AKM) partnered with Mouser Electronics to expand its portfolio of advanced sensing devices and sophisticated IC products, introducing analog/digital mixed-signal technology to a vast customer base.