The digital isolator market revenue was USD 2,169 million in 2022, and it will reach USD 4,135 million by 2030, powering at a rate of 8.4% by the end of this decade, as per a report by a market research institution, P&S Intelligence.

 

The industry is powered by the strict battery safety requirements for vehicles, rise in the requirement for noise-free electrical and electronic devices, and increase in the acceptance of digital isolators as substitutes to optocouplers.

 

Read More: https://www.psmarketresearch.com/market-analysis/digital-isolator-market

 

The capacitive coupling technology dominated the industry in the past. The benefits of using a capacitive isolation barrier are size and energy transfer competence and resistance to magnetic fields.

 

The former allows low-power and lucrative integrated isolation circuits, while the latter allows operations in dense magnetic fields. Variants making use of this technology can reduce the likelihood of poor physical contact between two circuits as a result of vibrations, corrosion, and other factors.

 

Therefore, the steadiness and steadfastness of the data transferred between the circuits advance.

 

Automotives dominated the market, with a share, of about 36%, in 2022. With electronic engine control systems, vehicles have altered from a mere physical incorporation of mechanical systems into a complex system of sensors, microcontrollers, and other electronic components.

 

Automotive designers are quickly adopting this new technology and increasing their skillset for including more electronic apparatuses in their models.

APAC had the largest share, of about 40% in the digital isolator market, in the recent past, as the Peoples Republic of China is the center for the manufacturers of electronic devices and numerous other equipment.

 

The revenue of the electronic component manufacturing sector in China increased at a rate of 5.5% annually over the previous half of a decade, attaining around USD 0.3 trillion in 2022.

 

The nation is the hub of the manufacturing of electronic products, as well as TVs, PCs, and handsets.

North America had a considerable share, of about 31%, in 2022, credited to the snowballing sales of EVs, with automotive producers aggressively trying to increase their acceptance.

 

In 2022, over 0.8 million electric vehicles were sold in the U.S., with Tesla being the leader of the market with over 60% of the total sales.

At present, only about 1% of the 250 million cars, SUVs and LCVs in the nation are electric, and it is projected that by 2030, their share in the total electric car count on the roads will surge to 25–30% and, additionally, to 40– 45% by 2035.

 

The strict safety requirements for the automotive batteries globally have a lot to do with the continuously growing demand for digital isolators, all over the world.