Impact of COVID-19 on Economy, Industry and Company :
The emergence of novel coronavirus has affected the global economy, industry dynamics and company’s top line. The entire ecosystem has to suffer the impact of this pandemic disease which would result in significant demand & supply gap, production delay and weak consumer demand of end products across industries. At Bizizz Market Research, our analyst has done extensive research across industries and identify various methodologies which would assist C-Level executive to counter this ongoing threat and make informed business decision.
Kindly contact us to know more details: https://www.bizizzmarketresearch.com/contact
The Level Shifters Market is anticipated to US$ XX Mn by 2028, Likely to Grow with a CAGR of 3.10 % During the Forecast Period.
In the consumer electronics sector, semiconductor devices play an essential part in the development of technology. Digital and electronic devices can be operated at different voltage levels. Typically, it is better to interlink two devices that can work on equal operating voltages. For example, connecting a 5V microcontroller to a tool that operates at 3.3V could cause damage to the circuit or the device. In certain cases, connecting devices operating with equivalent voltage levels might not guarantee desirable results therefore level shifters are used.
Power-efficient systems often incorporate sub-systems with various ranges of voltage demand. With the assistance of level shifters, all systems also as sub-systems from different voltage domains are often made to figure together, smoothly and efficiently. The demand for achieving high-frequency targets with lower power consumption has been increasing over a previous couple of years. This is often a key factor driving the worldwide level shifters market. Moreover, as more features are being integrated into modern system-on-chips (SoCs), the entire number of logic gates used is additionally increasing. This is often because logic gates form the idea of deciding for the device. In order to cater to the necessity for low power consumption and establish communication between two voltage levels, level shifters are used. Thus, the growing requirement for low power consumption while achieving high-frequency targets is predicted to fuel the level shifters market for level shifters during the forecast period.
By Product, the Unidirectional Segment is expected to Register Highest CAGR during the Forecast Period.
The adoption of unidirectional level shifters is experiencing significant growth, as they require less amount of power and simultaneously make sure the desired sound insulation between the input and output. The adoption of input-protected unidirectional devices simplifies the method of high to low-level translation and enhances the signal-to-noise margin. Further, unidirectional variants minimize the amount of components during a circuit, which in turn, reduces costs.
Based on Application, Cell Phone Segment is expected to grow at the Fastest Rate during the Forecast Period
Recent advancements within the cell phone sector have compelled players operating within the current level shifters market to adapt to the evolving technologies and supply compatible solutions. Further, telephone manufacturers are enhancing their production capabilities by leaning toward state-of-the-art technologies, by updating the microcontrollers using I/O pins that need level shifters in conjunction with general-purpose input/output (GPIO) expanders. Furthermore, the demand for level shifters to accomplish energy-efficiency in battery-constraint devices like the cellular telephones is expected to witness significant growth during the forecast period.
The market in Europe held a Significant Market Share in 2019.
By geography, the level shifters market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America accounted for a key share of the worldwide level shifters market in 2019. The region is predicted to still dominate the worldwide market from 2020 and 2028, due to the rising popularity of level shifters to be used in various applications like cell phones and wearable devices within the region. China constituted a big share of the market in the Asia Pacific in 2019. The country witnesses high investments in R&D activities aimed toward innovating new technologies. Europe has emerged because of the second-largest marketplace for level shifters across the planet. The region is anticipated to carry a substantial share of the worldwide level shifters market during the forecast period, due to the increasing adoption of level shifters to be used in various applications within the region.
Key providers of level shifters are focusing on expanding by forming strategic alliances with peers in order to establish themselves as distinguished players in the global level shifters market. Key industry players such as Texas Instruments, Analog Devices, Inc., NXP Semiconductors, Diodes Incorporated, Toshiba Corporation, Microchip Technology Inc., and Lattice Semiconductors, among others.
By End User
- Cell Phones
- Laptops & PCs
- Wearable Devices
- Consumer Appliances
- Cameras & Video Equipment
- North America
- Asia- Pacific (APAC)
- Middle East and Africa (MEA)
- Latin America