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Analog Voltage Reference Market Segmented By Precision Voltage References, Shunt Voltage References, Programmable Voltage References, Adjustable Voltage References application in Electronics, Power Industry, Telecom
The analog voltage reference component allows a one to produce a fixed reference voltage for any analog resources in the design. The analog voltage reference provides a fixed reference voltage irrespective of the power supply variations, loading on device, passage on the time and temperature changes.
The analog voltage reference can vary widely depending on its application, as in laboratory the stability is measured in parts per million and voltage standards have precisions, whereas in case of a regulator for computer power supply it may hold a few percent of a nominal value.
Analog voltage references are used in digital-to-analog converters, analog-to-digital converters, power supplies and other measurement and control systems.
The analog voltage references have a simple design which forwards the input voltage and supports a structure of negative feedback loops, which corrects the fluctuations in the desired output and the generated output.
The analog voltage reference plays a very significant role in automation world when there is need to provide optimum power supply to all electronic devices in order to achieve high functionality and efficiency. The analog voltage references are very compact and are used with systems with low voltage and low power.
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Along with the advancements in technology, the applications of analog voltage references are increasing in fields such as automobiles, communication technology and consumer electronics that have automated systems. With this, the demand of analog voltage references is increasing which is driving the growth of the market.
Some benefits of analog voltage references such as low cost, lesser noise and ease of use are also contributing to the growth of the analog voltage references market during the forecast period.
Furthermore, the compact size of the analog voltage references facilitate its implementation in devices such as portable electronics, battery operated devices, wind and solar powered systems and automotive electronics to increase efficiency and ensure optimal functionality. Thus size reduction is also a significant factor fueling the growth of the analog voltage references market.
However, the analog voltage references have low speed of producing output voltage, which is one of the major factors restraining the growth of the market during the forecast period.
Also the components of analog voltage references requires a regular replacement and maintenance, which makes them tedious to use, thus it is another factor hindering the growth of the market.
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Key Vendors
Some of the key vendors operating in the analog voltage reference market are NXP Semiconductors, Fairchild Semiconductor, Infineon Technologies, Texas Instruments Inc., Diodes Incorporated, Maxim Integrated, Analog Devices, Inc., Rohm Semiconductors, Intersil Corporation, Amphenol, Methode Electronics, Inc. and Arrow Electronics, Inc.
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Geographically, the analog voltage reference market can be segmented into North America, Western Europe, Latin America, Eastern Europe, Asia Pacific excluding Japan (APEJ), Middle East and Africa (MEA) and Japan.
Among these regions, Europe is expected to be the largest regional market for analog voltage reference during the forecast period, due to the presence of many players in this region.
Asia Pacific (including Japan and China) and North America are expected to follow Europe in the global analog voltage reference market owing to increasing automation and industrialization in these regions.
China is expected to exhibit high growth in the analog voltage reference market during the forecast period owing to increasing establishments of SMBs and large enterprises in the region, especially in developing countries such as India and China.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain.
It provides an in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. It also maps the qualitative impact of various market factors on market segments and geographies.
