The North America Mixed Signal IC Market would witness market growth of 7.4% CAGR during the forecast period (2020-2026). Chips that have both analog & digital circuits on the same chip are known as Mixed-signal ICs. Digital devices can easily process them as these ICs are often used for the transformation of analog signals to digital signals. Several applications use Mixed-signal ICs as components & these applications include healthcare, automotive, consumer electronics, security & surveillance, communications, IoT, & industrial equipment. Due to their double capability of conversion of signals, for example, digital into analog and analog into digital, these ICs are extensively adopted.
Due to the rising utilization of 3G & 4G smartphones, power management devices, mixed-signal SoC, high adoption of data converters, microcontrollers & massive investments in designing & manufacturing mixed-signal ICs, the adoption of mixed ICs have increased substantially. The mixed-signal ICs market is expected to witness major growth opportunities due to the quickly evolving IoT (Internet of Things) & pervasive mobile environment. Although, the mixed-signal IC market faces a major challenge due to the complications in designing & manufacturing of mixed-signal IC.
Based on Type, the market is segmented into Mixed Signal SoC, Microcontroller and Data Converter. Based on End User, the market is segmented into Consumer Electronics, Medical & Healthcare, Telecommunication, Automotive, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The US market dominated the North America Microcontroller Mixed Signal IC Market by Country in 2019, and would continue to be a dominant market till 2026. The Canada market is showcasing a CAGR of 9.5% during (2020 - 2026). Additionally, The Mexico market would witness a CAGR of 8.6% during (2020 - 2026).
Free Valuable Insights: Mixed Signal IC Market in North America is expected to register a CAGR of 7.4% during the forecast period (2020-2026)
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Analog Devices, Inc., Broadcom, Inc., Infineon Technologies AG, NXP Semiconductors N.V., Renesas Electronics Corporation, STMicroelectronics N.V., Texas Instruments, Inc., Intel Corporation, Telephonics Corporation (Griffon Corporation), and Ensilica Limited.
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