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Digital Potentiometer IC Market Key Drivers & On-Going Trends 2022 To 2030

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An electrical switching device known as a solid-state relay (SSR) turns on or off when an external voltage (AC or DC) is applied across its control terminals. It serves the same function as an electromechanical relay, but because there are no moving parts, it can operate for a longer period of time. A coupling mechanism enables the control signal to engage the load circuit elements while a solid-state electronic switching device switches on the load circuitry in response to the control signal. switch that doesn't require any mechanical components.

The registers, interface, and controls that work with the potentiometer make up the digital portion of the device. The serial bus is mostly used to control digital potentiometers. However, certain potentiometers are made to be operated via front panel switches and control logic. IC design parameters must be taken into account while creating a digital potentiometer. The digital potentiometer's pins with a limited voltage range, linearity, differential and integral functions, temperature coefficients, isolation resistance, noise, and potentiometer capacitances are a few examples.

This Market is presently worth USD 360.93 million and is poised to amplify at a CAGR of 4.9% over 2022-2030, thereby amassing a valuation of USD 529.21 million by end of the assessment timeline.

Digital Potentiometer IC: Overview

The internal memory, digital interface, performance, and resolution of the suitable digital potentiometer are some of its limitations. The programming, consistency, speed, and weight of digital potentiometers are superior to those of a mechanical potentiometer. Because they may fit in compact IC packages and are smaller than mechanical potentiometers, digital potentiometers are portable.

The compact size and variety of potentiometers that can be placed on a single IC with up to 6 channels are the primary reasons driving the growth of the digital potentiometer IC industry.

In comparison to a mechanical potentiometer, a digital potentiometer has advantages such as the capacity to handle temperature extremes, lack of shock or vibration, and resistance to oil, dust, and moisture. The ability to regulate digital potentiometers in a closed loop is their main benefit. When it comes to programming, digital control, durability, speed, and light weight, digital potentiometers outperform mechanical ones. The compact size and ability to incorporate numerous potentiometers on a single IC with up to 6 channels are the key factors driving the growth of the digital potentiometer IC industry. The current limit is one of the main factors limiting the digital potentiometer IC. However, the development of digital potentiometers is projected as a result of the availability of potentiometers with a tolerance of 1%.

Competitive Landscape:

  • Microchip Technology Inc.
  • Texas instruments
  • Freescale semiconductors
  • Maxim Integrated
  • ON Semiconductor
  • Analog Device
  • Parallax Inc.

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Segmental Analysis of Global Digital Potentiometer IC Market:

Based on Product Type

  • 5 Bits
  • 6 Bits
  • 7 Bits
  • 8 Bits
  • 10 Bits

Based on Application

  • Communication Products
  • Automotive
  • Home Appliance
  • Others

Based on Memory

  • Volatile
  • Non-volatile

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Major questions answered in the report:

  • What are the major growth determinants, trends and challenges in this Market?
  • Which top companies are contributing in the growth this Market?
  • Which regional segment accounts for the largest revenue in this Market?

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