The analog to digital converter market size is expected US$ 3.87 billion in 2022 and is expected to reach US$ 6.29 billion by 2030. The analog to digital converter market is estimated to record a CAGR of 6.3% from 2022 to 2030.

The Europe analog to digital converter market is segmented into the Germany, UK, France, Italy, Russia, and the rest of Europe. Germany is estimated to hold the largest analog to digital converter market share during the forecast period.

Europe is a highly diverse region with a group of both developing and developed countries contributing to its economic growth. Aerospace, machinery and equipment, automotive, shipbuilding, and automotive vehicles, among others, are the major industries in Europe. Germany, Italy, and Spain are the potential growth markets for the variety of electronic integrations by the automotive giants present in the region.

Europe is the leading producer of motor vehicles, with several premium automotive manufacturers based in the region, having their production plants in European countries along with several vehicle assembly plants across Europe. Moreover, the industry successfully delivers the European products across the globe, generating EUR 90.3 Bn trade surplus. A growing automotive electronics industry and rapid inclination of automotive manufacturers for including electronics integrations to support the emergence of autonomous driving and advanced driver assist systems (ADAS). Some other steps taken by the automotive companies which would help to stimulate LiDAR among the self-driving cars. Analog-to-digital converter for LiDAR helps in enabling ADAS systems. Analog-to-digital converter play a major role in the telematics systems vehicles as they are integrated into OBD devices that convert the analog signals into digital received from environmental phenomena. Rising demand for telematics as well as other advanced automotive and related products has resulted in the higher demand for analog to digital converter. The analog to digital converter have application in wireless transceivers, which facilitate communication between automobiles or between an automobile and the fixed network. Therefore, booming automotive industry in the region provides huge growth opportunities to the analog to digital converter market players.

Based on end user, the analog to digital converter market is categorized into 8-bit, 10-bit, 12-bit, 14-bit, 16-bit, and others. The 12-bit segment held the largest share in the analog to digital converter market. A 12-bit ADC typically has a resolution of 1.22mV. The adoption of 12-bit for 5G communication is opportunistic for the analog to digital converter market growth. In addition, the growing adoption of 12-bit analog to digital converter encourages the market players to launch solution to cater to its demand. For example, in May 2019, Texas Instruments had released an innovative ultra-high-speed analog to digital converter with the widest bandwidth in the industry, lowest consumption of power, and fastest sampling rate. This converter is expected to help the engineers to achieve efficient measurement accuracy for the applications of 5G testing, oscilloscopes, and radar applications (direct X-band sampling). Thus, the benefits of 12 bit analog to digital converter fuels the segment growth in analog to digital converter market.

Asahi Kasei Microdevices Corporation; Analog Devices, Inc.; Cirrus Logic, Inc.; Microchip Technology Inc.; Semiconductor Components Industries, LLC; ROHM CO., LTD.; Renesas Electronics Corporation.; STMicroelectronics; Texas Instruments Incorporated; and Teledyne Technologies Inc are among the key analog to digital converter market players that are profiled in this market study.

The overall analog to digital converter market size has been derived using both primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the analog to digital converter market size. The process also helps obtain an overview and forecast of the market with respect to all the market segments. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights. This process includes industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the analog to digital converter market.