The global mixed signal IC market size was valued at $94.10 billion in 2019, and is projected to reach $149.80 billion by 2027, registering a CAGR of 6.6% from 2020 to 2027.
Mixed signal IC is a combination of analog and digital ICs. Mixed signal IC is an integrated circuit that has both analog and digital circuits on a single semiconductor die. Mixed signal ICs are widely used in consumer electronics applications. Thus, increase in penetration of mobile phones and other portable electronics devices has notably boosted the production of mixed signal ICs.
The use of mixed signal IC in mobile phones and electronics devices is on rise, owing to exponential growth of the consumer electronics, telecommunication, and other industries. Introduction of 5G network and surge in demand for low-power consumption devices have boosted the mixed signal IC market growth, globally.
Segmentation
The global mixed signal IC market is segmented into type, end-use industry, and region. On the basis of type, the market is categorized into mixed signal SoC, microcontroller, and data converter IC. Depending on end-use industry, it is segmented into consumer electronics, medical & healthcare, telecommunication, automotive, and military & defense. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA along with its prominent countries.
The key market leaders in the mixed signal IC market profiled in the report include Analog Devices, Broadcom Inc., Cypress Semiconductor Corporation, Dialog Semiconductor, Ensilica Ltd., NXP Semiconductor, Renesas Electronics Corporation, STMicroelectronics, Telephonics Corporation, and Texas Instrument. Market players have adopted various strategies such as product development, business expansion, joint venture, collaboration, investment, and acquisition to strengthen their foothold in the market.
COVID-19 impact
The outbreak of the COVID-19 crisis resulted in uncertainty in the stock market, disruption of the supply chain, slowdown of business, and increase in panic among customer segments. The overall impact of the pandemic impacted the production process of several industries, including semiconductor & electronics. Trade barriers further constrain the demand and supply outlook. Governments of different countries have already declared total lockdown and have temporarily shut down industries, which adversely affected the overall production process.
COVID-19 has a huge impact on end use and economy. Electronics manufacturing hubs have been temporarily shut down to restrict COVID-19 spread among individuals. This has majorly affected supply chain of the mixed signal IC market by creating shortages of components and finished goods. Lack of business continuity has negatively impacted shareholder returns and revenue, which are expected to create financial disruptions in the mixed signal IC industry.
By Type
Mixed Signal SoC segment is projected as one of the most lucrative segments.
The impact of COVID-19 on the manufacturing industry has significantly affected the global economy. Electronic components, such as PCBs, LED chips & wafers, ICs, and other semiconductor devices, are majorly imported from China. The prices of semiconductor components have increased by 2–3%, owing to shortage of supplies, due to shutdown of manufacturing units. However, with the start of 2021, the market is expected to resume its supply chain operation.
Top impacting factors
The significant factors that impact growth of the global mixed signal IC market revenue include the development of 5G technology and increase in demand for low power consumption electronics devices. High demand has been witnessed for mixed signal IC in the consumer electronics, medical & healthcare, and telecommunication industry, which notably contributes toward the market growth. However, complex process of integration of analog and digital circuits on to a single IC hampers growth of the market. On the contrary, increase in use of mixed signal ICs in the automotive and military & defense and consumer electronics industry is expected to provide lucrative opportunities for growth of the global mixed signal IC market forecast period.
By End Use
Consumer Electronics segment is expected to secure leading position during forecast period.
Increase in adoption of 5G technology
5G technology has huge demand for the high frequency switching circuits. These switching circuits are more commonly used in mixed signal ICs. Adoption of 5G technology and other wireless technologies has increased the popularity of mixed signal ICs. At higher frequencies, losses and distortion increase. This creates the need for special techniques which is available in mixed signal ICs. Furthermore, mixed signal IC market find major applications in the consumer electronics industry, where they are deployed in mobile phones, led drivers, tablet, notebook, and other electronic devices.
Complex integration process of mixed signal IC
The mixed signal IC industry focuses more on incorporation of multiple functionalities in a single IC leading to complex designing. Designing of a complex device requires robust methodology, skillset, and different toolset for integration. These developing innovative technologies generate demand for more functionality devices to be integrated into systems, which makes them more complex devices. In addition, incorporation of multiple circuits such as analog and digital circuits into single IC is a complex task. Therefore, all these factors collectively restrain the global mixed signal IC market growth.
By Geography
Asia-Pacific region would exhibit the highest CAGR of 7.7% during 2020-2027
Key benefits for stakeholders
- This study includes the analytical depiction of the global mixed signal IC market trends and future estimations to determine the imminent investment pockets.
- The report presents information regarding key drivers, restraints, and opportunities.
- The report is quantitatively analyzed from 2020 to 2027 to highlight the financial competency of the industry.
- Porter’s five forces analysis illustrates the potency of buyers and suppliers in the industry.
Mixed Signal IC Market, by Type Report Highlights
| Aspects | Details |
 By Type |
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 By End Use |
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 By Region |
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 Key Market Players | DIALOG SEMICONDUCTOR, TELEPHONICS CORPORATION, ANALOG DEVICES, STMICROELECTRONICS N.V., NXP SEMICONDUCTOR, ENSILICA LTD, TEXAS INSTRUMENTS INCORPORATED, CYPRESS SEMICONDUCTOR CORPORATION, RENESAS ELECTRONICS CORPORATION, BROADCOM INC |
Analyst Review
The mixed signal IC market is highly competitive, owing to the strong presence of existing vendors. The mixed signal IC vendors who have access to extensive technical and financial resources are anticipated to gain a competitive edge over their rivals, as they have the capacity to cater to the global market requirements. The competitive environment in this market is expected to further intensify with increase in technological innovations, product extensions, and different strategies adopted by key vendors.
Processors play a revolutionary role in the mixed signal IC market. The current business scenario has been witnessing an increase in demand for mixed signal ICs across various industry verticals, particularly in the developed regions such as the U.S., Europe, and Asia-Pacific. Companies in this industry have been launching variety of products based on mixed signal ICs and their requirement, owing to their increase in usage in end-use segments such as consumer electronics, medical & healthcare, telecommunication, automotive, and military & defense. Therefore, this has significantly contributed toward the growth of the global mixed signal IC market.
Furthermore, increase has been witnessed in the adoption of low power consumption ICs, owing to the fact that they can be operated more efficiently. In addition, compact size of mixed signal ICs in mission-critical
applications, such as military & defense and the medical and healthcare sectors further fuels the growth of the mixed signal IC market. With increase in new entrants in the Asia-Pacific market, the mixed signal IC market is expected to witness the strongest growth rate during the forecast period.
The mixed signal IC market provides numerous growth opportunities to players such are Analog Devices, Broadcom Inc., Cypress Semiconductor Corporation, Dialog Semiconductor, Ensilica Ltd., NXP Semiconductor, Renesas Electronics Corporation, STMicroelectronics, Telephonics Corporation, and Texas Instrument.
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