Mixed Signal IC Market Size, Share & Trends Analysis Report By Type (Mixed Signal SoC, Microcontroller 27, Data Converter), By Industry Vertical (Consumer Electronics, Medical & Healthcare, Telecommunication, Automotive, Military & Defense) and By Region(North America, Europe, APAC, Middle East and Africa, LATAM) Forecasts, 2022-2030

Market Overview

The global mixed signal IC market size was valued at USD 106.9 million in 2021. It is expected to reach USD 198.19 million by 2030, growing at a CAGR of 7.1% during the forecast period (2022–2030).

A mixed-signal integrated circuit (IC) combines analog and digital circuits designed to be highly integrated and compact. They are developed as per the industry's requirements, have an extended lifespan, and assist customers in cutting down on the time it takes to bring new products to market. They are made by combining analog and digital circuits into a single integrated circuit (IC), their construction method.

By producing sophisticated and highly integrated functionality, this combination contributes to the design of modern electronic devices. The market is broken down and estimated according to the effects caused by the various opportunities, drivers, and restraints. The adoption of 5G technology and the high demand for devices with low power consumption are two of the primary factors that are anticipated to drive rapid growth in the market for mixed-signal integrated circuits (ICs) throughout the forecast period. However, the market expansion is hampered by how difficult it is to design mixed-signal integrated circuits (ICs).

In contrast, the expanding use of mixed-signal integrated circuits in automotive, military, and defense is anticipated to present lucrative opportunities for the market for mixed-signal integrated circuits (mixed-signal IC). The global market size for mixed-signal integrated circuits is analyzed based on three factors: the type of IC, the end-use industry, and the region. Mixed-signal system-on-chip (SoC), microcontroller integrated circuit (IC), and data converter IC are the three primary submarkets that make up the market.

Market Dynamics

Mixed Signal IC Market Driving Factors

Increase in the Adoption Rate of 5G Technology

The 5G technology is currently being increasingly integrated into high-frequency switching circuits. In mixed-signal integrated circuits, switching circuits like these are frequently used. The rise in popularity of 5G technology and other wireless communication is the primary force behind the growing demand for high-frequency switching circuits. When the frequency increases, there is a corresponding increase in losses and distortion, which lowers the performance. Mixed-signal integrated circuits can fulfill this need for specialized techniques for resolving problems of this nature. In addition, mixed-signal integrated circuits have many vital applications in the consumer electronics industry. These ICs are utilized in various electronic products, including mobile phones, led drivers, tablets, notebooks, and other electronic devices.

Growing Demand for Devices with Low Power Consumption

As a result of advances in technology, there is a growing demand for products with low overall power consumption. The analog and digital circuits that make up a mixed-signal IC are combined into a single component of the mixed signal IC. This functionality of mixed-signal integrated circuits allows the analog and digital circuits to share a standard power supply, which is convenient. These are frequently found in consumer electronic devices because the amount of power they use has decreased. In addition, the multiple benefits associated with mixed-signal ICs, such as improved performance, a more compact design, and a lower cost, are significant contributors to the global market expansion.

Mixed Signal IC Market Restraining Factors

Complicated Integration Process in Mixed-Signal Integrated Circuits

The market for mixed-signal integrated circuits places a greater emphasis on consolidating multiple functionalities into a single IC, which can result in more difficult-to-understand designs. One needs a solid methodology, a comprehensive skill set, and various integration tools to design a complicated device successfully. These rapidly developing innovative technologies create a demand for devices with increased functionality to be integrated into systems, which results in the devices becoming more complicated. In addition, incorporating multiple circuits, such as analog and digital circuits, into a single integrated circuit (IC) is difficult. Therefore, the growth of the global market is being held back by all these factors collectively.

Mixed Signal IC Market Opportunities

Rising Application Utilization in the Automotive Sector

In its early years, the automotive industry required only a single sensor and relatively specific microcontrollers. Automated driving, advanced driver assistance systems, and infotainment systems have skyrocketed in the automotive sector due to recent information and communications technology developments. Mixed-signal integrated circuits link these components together to communicate with one another. One mixed-signal integrated circuit (IC) is all that is required to gain access to these various systems at this time. It is anticipated that implementing mixed-signal integrated circuits in the aforementioned automotive applications will significantly contribute to the global market's expansion throughout the forthcoming period.

Regional Analysis

The global mixed signal IC market has been studied across North America, Europe, Asia-Pacific, and LAMEA.

North America is the highest revenue contributor, growing at a CAGR of 6.2% during the forecast period. The early adoption of new technologies and the dramatic rise in sales of consumer electronic products in North America have been significant contributors to the expansion of the market. The growth of the medical and healthcare industry, as well as the telecommunications sector, contributes to the development of the market.

Asia-Pacific is the second-largest contributor to market accounting and is estimated to reach around USD 61.42 million at a CAGR of 7.6% during the forecast period. The early adoption of new technologies and the dramatic rise in sales of consumer electronic products in North America have been significant contributors to the expansion of the market. The development of the medical and healthcare industry, as well as the telecommunications sector, contribute to the growth of the market.

Europe is the third-largest contributor to the market. The application of mixed-signal integrated circuits in industries such as automotive, aerospace, defense, and consumer electronics is the primary factor driving growth in the mixed-signal IC market in the region. It is anticipated that the development of the mixed-signal IC market in the region will be boosted by advanced technologies in automotive applications such as advanced driver assistance systems (ADAS), infotainment, and autonomous vehicles.

LAMEA is the growing market for ceramide market. The industry of consumer electronics is experiencing explosive growth, which is providing a boost to the region's economy. The region's rapidly expanding population has created new business opportunities for the expanding consumer electronics industry, which has, in turn, helped to drive the expansion of the region's mixed-signal IC market. Because of the growing popularity of consumer electronics like smartphones, laptops, and desktop computers among consumers.

Segmental Analysis

The global mixed signal IC market has been divided into Type and End-user.

On the Basis of Type

Based on the Type, the global mixed signal IC market has been categorized into mixed-signal SoC, microcontroller, and data converters.

The Mixed-signal SoC segment was the highest contributor to the market, growing at a CAGR of 7.3% during the forecast period. The meteoric rise helps the overall market's expansion in demand for SoCs from the digital electronics sector. A further important factor contributing to the development of the market is the growing demand for the incorporation of mixed-signal SoCs in mobile devices, embedded graphics, and multi-core technologies. In addition, the expansion of the use of SoCs across various end-user industries, including consumer electronics, medical and healthcare, telecommunications, automotive, and military and defense, is the primary factor propelling the development of the market. Mixed-signal system-on-chips are utilized extensively in various medical applications, including medical monitoring and implantable medical devices, both of which contribute to the expansion of the market.

The second-largest segment is the microcontroller segment, which is expected to reach around USD 27.96 million by 2030 at a CAGR of 6.1% during the forecast period. Due to the widespread implementation of the Internet of Things, the automotive industry has witnessed numerous recent and noteworthy developments and innovations (IoT). Because of this, there has been an increase in the use of mixed-signal microcontrollers. Additionally, an uptick in the use of automated machinery and equipment in the workplace, an increase in the breadth of electronic products, and advancements in technology all contribute to an increased demand for the development of new products and solutions, which in turn further fuels the expansion of the market.

On the Basis of End-User

Based on the end-user, the global mixed signal IC market has been categorized into consumer electronics, medical & healthcare, telecommunication, automotive, and military and defense.

The consumer electronics segment is the highest contributor to the market, growing at a CAGR of 7.5% during the forecast period. The market's growth is primarily driven by the expansion of the consumer electronics industry. Mixed-signal systems and circuits are widely used in the consumer electronics industry. These systems and circuits provide efficient and affordable solutions for constructing any modern consumer electronics application. The development of novel products within the consumer electronics sector is the primary force propelling the expansion of the mixed-signal IC market. In addition, an increase in investments in cutting-edge OLED screens and an increase in intelligent wearables are anticipated to offer lucrative opportunities for developing the mixed-signal IC market. In addition, developing highly developed mixed-signal ICs that are reasonably priced is driving the expansion of the market.

The Telecommunication segment is the second-largest segment and is estimated to grow at a CAGR of 6.5% during the forecast period. The market's growth is being driven on a global scale by an increase in the demand from end-users for increased network flexibility and data traffic, as well as an increase in the requirement to reduce power consumption in the telecommunications industry. In addition, the advent of 5G has made previously unattainable opportunities available for market expansion.

Impact of covid-19

Covid-19 had some profound adverse impacts on the global advanced ceramics market.

COVID-19 spread across the world from China, making the whole world stand still and to a complete lockdown situation. Covid-19 is an infectious disease that was caused by a newly discovered coronavirus. During the time, the fatality rate among the population above 40 was also high globally. The disease causes severe illness for people suffering from medical conditions like diabetes, cardiovascular disease, chronic respiratory disease, etc.

Considering the situation during that time, it was declared a pandemic which led to numerous countries, including the major economies like China, the United States, India, and others, implementing lockdowns which adversely affected the global economy.

In the first two quarters of 2020, the economic and industrial operations temporarily halted. Almost every manufacturing unit where advanced ceramics is used, such as electrical and electronics, transportation, industrial, chemical, and other End-user Industries (except medical), reduced their manufacturing capacities due to the lack of workers. The lockdown implemented put a halt to global supply chains. This resulted in repercussions in terms of both production and demand for advanced ceramics.

Market Recovery Timeline and Challenges

With time the lockdowns were uplifted, and relaxation was made to the public. Gradually, the economy picked up the pace and started its operations, bringing the demand in the global advanced ceramics market and increasing among various industries. As the situation improved during the initial months of 2021, the economies also strengthened their fiscal policies and initiated their development process; the end-user industries began their activities, bringing the overall ceramics market back on track.

Recent Developments

• In May 2022, Broadcom acquired VMware for Approximately $61 Billion in Cash and Stock.