
Key market drivers influencing operational amplifiers market growth include rising demand for battery-powered products, electronic device usage, and connected device demand. All of these factors are expected to have an effect on the operational amplifiers market over the prediction period. As a result of increasing automation in many different sectors, the operational amplifier market is expected to have significant growth up until 2032. In particular, operational amplifiers find widespread use in the automobile industry, notably in the increasingly popular battery-powered vehicles and plug-in hybrids.
The International Energy Agency reports that yearly sales of electric vehicles increased by 75% in the first quarter of 2023, reaching over 2 million units. There has been a clear upward trend in the demand for electric vehicles, with demand tripling in major markets like China and the United States in the last few years. This has provided additional momentum for the operational amplifier market to expand. Almost every electrical application makes use of operational amplifiers (op-amps), the fundamental components of electronic circuits that carry out signal conditioning, filtering, and other processing tasks. Subtraction, differentiation, and addition are just a few of the mathematical operations that rely on them. In addition to this, operational amplifier circuits (op-amps) are widely used in automation, control, and other electronic circuits in marine applications.
One factor driving the expansion of the operational amplifier market is the rising demand for automation in many industries, such as manufacturing and automotive. Furthermore, the operational amplifier industry is being driven by the increasing need for battery-powered goods. Additionally, the market is being driven by the rising demand for connected devices. Launching new products, developing existing ones, acquiring other businesses, and expanding their existing operations are some of the growth methods used by the leading players in the operational amplifiers market.
An example would be the 0.64 mm2 low-power comparators and operational amplifiers (op amps) introduced by Texas Instruments in February 2018. Engineers can now reduce system size and cost while maintaining high performance in a variety of Internet of Things (IoT), personal electronics, and industrial applications with the help of the TLV9061 op amp and TLV7011 family of comparators, which are the first amplifiers in the compact X2SON package. These applications include mobile phones, wearables, optical modules, motor drives, smart grid, and battery-powered systems.
Demand for operational amplifiers has been on the rise, fueling market expansion, as a result of the increasing requirement for automation in the industrial and automotive industries. With the rise in popularity of battery-powered devices, the operational amplifier industry is also expanding. In feedback control loops, automation systems use OP-AMPs to stabilize and regulate operations. To precisely measure and control variables like location, temperature, speed, and pressure, OP-AMPs are utilized in analog control systems, PID (Proportional-Integral-Derivative) controllers, and other types of control circuits. Robots and automated systems commonly utilize a wide variety of motor types, such as DC motors, stepper motors, and servo motors. To control and guide the torque, direction, and speed of a motor, OP-AMPs are utilized in motor control circuits. OP-AMPs improve the overall efficiency of robotics and automation systems by allowing for precise and effective motor control. For perception and interaction with the environment, sensors play a crucial role in automation and robotics. In sensor interface circuits, OP-AMPs condition and amplify sensor signals, allowing for accurate measurements.
Moreover, the increasing demand for electronic gadgets is considerably fueling numerous markets, including the operational amplifier (OP-AMP) industry. The consumer electronics industry is booming as a result of the increasing demand for various electronic gadgets such as smartphones, tablets, wearable tech, smart TVs, and more. The operational amplifiers used in these devices are widely used in signal processing, audio amplification, and sensor interface applications. Improved OP-AMPs with improved specs and capabilities are in high demand due to the increasing desire for feature-rich, high-performance electronic gadgets among customers. There has been a recent uptick in interest from the telecom sector in expanding network infrastructure, wireless connections, and high-speed data transfer. The OP-AMP is a signal conditioner, amplifier, and filter used in telecommunications equipment.
Report Coverage
Global Operational Amplifier research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Operational Amplifier report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Operational Amplifier competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Operational Amplifier market players and analyses their core competencies in each global market sub-segments.
REPORT ATTRIBUTES | DETAILS |
---|---|
Study Period | 2017-2031 |
Base Year | 2023 |
Forecast Period | 2023-2031 |
Historical Period | 2017-2021 |
Unit | Value (USD Billion) |
Key Companies Profiled | Texas Instruments, Inc. (U.S.), STMicroelectronics (Switzerland), ON Semiconductor (U.S.), Analog Devices, Inc. (U.S.), NXP Semiconductors N.V. (The Netherlands), Cirrus Logic, Inc. (U.S.), Maxim Integrated (U.S.), Renesas Electronics (Japan), and Micrel (U.S.) |
Segments Covered | • By Product |
Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Operational Amplifier Market from 2021 to 2031.
- Market Forecast for Operational Amplifier Market from 2021 to 2031.
- Regional Market Share and Revenue from 2021 to 2031.
- Country Market share within region from 2021 to 2031.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Operational Amplifier competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Operational Amplifier
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Operational Amplifier market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Operational Amplifier market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Texas Instruments, Inc. (U.S.), STMicroelectronics (Switzerland), ON Semiconductor (U.S.), Analog Devices, Inc. (U.S.), NXP Semiconductors N.V. (The Netherlands), Cirrus Logic, Inc. (U.S.), Maxim Integrated (U.S.), Renesas Electronics (Japan), and Micrel (U.S.)
Primary Target Market
- Market Players of Operational Amplifier
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Operational Amplifier market based on the below-mentioned segments:
Global Operational Amplifier Market, By Type
General Purpose
High-Precision
Low Noise
Low-Power
Low Voltage Amplifier
Global Operational Amplifier market, By Application
Automatic Control System
Medical
Test & Measurement
Vehicle Electronics
Global Operational Amplifier market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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