A digital potentiometer is a type of variable resistor that is used to scale and trim analogue signals instead of using mechanical action and switches. An electronic gadget called a digital potentiometer is utilised to restore the traditional passive potentiometer. The digital potentiometer IC design parameters are taken into account. Digital potentiometer is enclosed for protection against outside elements.
Because digital potentiometer ICs are less susceptible to vibration and easier to tamper with, there is a growing market for them.
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.
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.
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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