Optocouplers Market Size & Share by Type (Linear, Non-Linear); Product Type (Transistor Output Optocouplers, IC Output Optocouplers, Motor Drive Optocouplers, Phototransistor-Based Optocoupler, Photo Darlington Transistor, TRIAC, SCR); End-User Industry (Automotive, Consumer Electronics, Communication, Industrial, Medical, Military, Aerospace)-Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 5978
  • Published Date: Apr 03, 2024
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2024-2036

Optocouplers Market size is expected to reach USD 9.4 Billion by the end of 2036, growing at a CAGR of 10% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of optocouplers was over USD 3 Billion. The growth of the market is due to the expanding use of signal isolation solutions across several end-user sectors and the growing automation of industrial processes. Businesses that have automated at least one process do so in roughly 66% of cases. While 50% of firms expect to automate all repetitive processes, the remaining 80% are planning to accelerate process automation.

In addition, optocoupler demand is expected to be positively impacted by the increasing use of optical wireless distribution antenna systems (DAS) and the migration of network operators from cellular networks to DAS. Additionally, the demand for optocouplers is expected to grow due to growing investments in the communication industry by important industrialists. For example, a variety of manufactured optocouplers, including high speed and low current isolation amplifier optocouplers, are used in the communication industry.


Optocouplers Market
Get more information on this report: Request Free Sample PDF

Optocouplers Sector: Growth Drivers and Challenges

Growth Drivers

  • Expansion of Global Consumer Electronics- There is a growing need for compact, high-performance optocoupler integrated circuits (ICs) to provide seamless data transfer and communication due to the proliferation of smartphones, tablets, laptops, and other electronic devices. In most cases, the optocoupler sends digital impulses, but under some circumstances, it can also send analog signals. Optocoupler demand has surged due to consumer electronics, smart home appliances, and computer auxiliary devices. Optocouplers provide electrical noise isolation and protection and are found in consumer electronics like televisions, set-top boxes, household appliances, stereo systems, and digital displays. In applications including patient monitors, defibrillators, and medical imaging systems, optocouplers are utilized to establish electrical separation, ensuring patient safety.
  • Growing Adoption of Electric Vehicle Worldwide- The increasing use of electric vehicles (EVs) and optocoupler integrated circuits (ICs) in audio processors, subsystems, MEMS microphones, audio amplifiers, etc., is a major factor driving the demand for these integrated circuits. Electric vehicles (EVs) rely on advanced electrical systems for various functions such as controlling motors, managing batteries, and providing infrastructure for charging. Optocouplers are used to protect sensitive control circuitry from electromagnetic interference, unwanted noise, and voltage changes. Additionally, increasing R&D efforts, technological advancements, and equipment modernization will open up new avenues for the optocoupler integrated circuit market. Over USD 250 billion is the estimated worth of the EV industry. Moreover, over ten million electric vehicles (EVs) are currently in use. Annual sales of plug-in electric vehicles exceed 6 million.
  • Rising Global Military Spending- Over the years, there has been a notable increase in investments and expenditures in the global military sector. Increases in military spending by several countries have been brought on by regional conflicts and global geopolitical instability. Because of the necessity to protect national interests and the growing concerns about security, governments allocate more money to their military industries. Using modernization programs and implementing state-of-the-art technologies, countries strive to enhance their military prowess. This includes spending on intelligence systems, surveillance technologies, unmanned systems, cybersecurity, and precision-guided weaponry. The increase in terrorism and asymmetrical threats has led to a global increase in military spending.

Challenges

  • Difficult Integration Problems- For optocouplers to function smoothly in a variety of electrical systems, careful design and tweaking are typically required. Compatibility issues with current components, longer production lead times, and higher costs can all be consequences of the challenging integration process. Solving these integration issues is crucial to optimizing optocoupler benefits and reducing obstacles to widespread industry adoption as technology develops.
  • Optocoupler dependability is a challenge. It notes other problems such as interface contamination and thermo-mechanical stress caused by moisture absorption, albeit the failure of the LED may be the primary cause. Optocouplers experience early intrinsic wear-out as a result of these reasons.
  • The optocouplers market may be severely constrained by cost, particularly in sectors where pricing is a factor.

Optocouplers Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

~ 10%

Base Year Market Size (2023)

 ~ USD 3 Billion

Forecast Year Market Size (2036)

 ~ USD 9.4 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
Get more information on this report: Request Free Sample PDF

Optocouplers Segmentation

Product Type (Transistor Output Optocouplers, IC Output Optocouplers, Motor Drive Optocouplers, Phototransistor-Based Optocoupler, Photo Darlington Transistor, TRIAC, SCR)

Based on product type, IC output optocouplers market is estimated to hold largest share of about 30% during the forecast period. The market is expanding as a result of both the expanding global demand for energy-efficient gadgets and the expanding consumer electronics industry. Based on a study between 2024 and 2029, there will be a continual rise in the number of smartphone users worldwide, reaching 1.5 billion. The number of smartphone users is predicted to reach 6.4 billion after rising for fifteen years in a row, marking a new peak in 2029. The need for optocouplers has been fueled by the rise of the consumer electronics industry and the increase in the use of electronics devices. In addition, these are finding employment in the semiconductor industry as phototransistor and light-dependent resistors, as well as the automobile sector where they are employed for galvanic isolation.

Type (Linear, Non-Linear)

Based on type, the linear segment is predicted to account for 55% share of the optocouplers market during the forecast period. The properties of linear optocouplers are linear response and analog signal transfer. They are frequently employed in applications that call for accurate signal conditioning, linear voltage isolation, and exact signal transfer. A photoresistor or a photodiode is frequently used in linear optocouplers as the light-detecting element, resulting in a linear relationship between the input and output signals. Various factors, including industry demand, application requirements, and technical improvements, may affect the market share of the segment.  

Our in-depth analysis of the global market includes the following segments:

       Type

  • Linear
  • Non-Linear

        Product Type

  • Transistor Output Optocouplers
  • IC Output Optocouplers
  • Motor Drive Optocouplers
  • Phototransistor-Based Optocoupler
  • Photo Darlington Transistor
  • TRIAC
  • SCR

         End-User Industry

  • Automotive
  • Consumer Electronics
  • Communication
  • Industrial
  • Medical
  • Military
  • Aerospace

Want to customize this research report as per your requirements? Our research team will cover the information you require to help you take effective business decisions.

Customize this Report

Optocouplers Industry - Regional Synopsis

APAC Market Forecast

Optocouplers market in Asia Pacific region is projected to hold largest market share of about 33% during the forecast period. Optocouplers growth in the Asia-Pacific region was supported by significant investments in the semiconductor industry as well as the growing need for effective optoelectronic components in the industrial sector. East Asia is a major contributor to the automotive industry and innovative energy-efficient goods. Because of its solid grasp on the semiconductor industry, China is one of the main influencing forces in the region. Additionally, the region makes a substantial contribution to both the global industry for smart energy-efficient products and the automobile industry. China's passenger automobile sector produced over 23.8 million vehicles in 2022.

North American Market Statistics

Optocouplers market in North America region is projected to hold second largest market share of about 27% during the forecast period. Optocouplers appear to have a bright future in the United States, with promising prospects in the automotive, telecommunication, industrial, and consumer electronics sectors. The expansion of factory automation systems and equipment, along with rising internet traffic worldwide, are the main drivers of optocoupler sales in the USA. Additionally, it is projected that optocoupler sales will increase due to its distinct qualities and growing importance in multi-channel and bi-directional applications. To take advantage of this position and prevent any delays in supplier lead times and production turnaround times, manufacturers in the United States should strengthen their production units and supply networks.

Research Nester
Optocouplers Market Size
Get more information on this report: Request Free Sample PDF

Companies Dominating the Optocouplers Landscape

top-features-companies
    • Broadcom, Inc.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • LilyGo
    • ON Semiconductor Corporation
    • Vishay Technology, Inc.
    • Senba Sensing Technology Co. Ltd.
    • Isocom Components Ltd.
    • Profit Golden Ltd.
    • Lite-On Technology
    • Shenzhen Kento Electronic Co. Ltd.
    • Everlight Electronics

In-the-news

In The News

  • LilyGo released the T-Relay-8, an ESP32 WiFi & BLE board with a 16-pin GPIO header for expansion and eight 5V relays that can resist up to 250V AC or 28V DC. Incorporating optocouplers for enhanced safety, the board offers a more practical substitute to conventional two-board setups that comprise an ESP32 board and an independent 8-relay 'Arduino' module.
  • Vishay Technology Inc. (VSH) is working hard to bolster its position in the growing optocouplers market by diversifying its discrete product range. The linear optocoupler VOA300 was introduced by the business. Among the highest in the industry, the automotive-grade VOA300 device has an isolation voltage of 5300 Vrms.

Author Credits:  Abhishek Verma, Hetal Singh


  • Report ID: 5978
  • Published Date: Apr 03, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Expanding industrial automation and consumer electronics are the major factors driving the growth of the optocouplers market.

The market size of optocouplers is anticipated to attain a CAGR of 10% over the forecast period, i.e., 2024-2036.

The major players in the market are LilyGo, ON Semiconductor Corporation, Vishay Technology, Inc., Senba Sensing Technology Co. Ltd., Isocom Components Ltd., Profit Golden Ltd., Lite-On Technology, Shenzhen Kento Electronic Co. Ltd., Everlight Electronics, and others.

The IC output optocouplers segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
Optocouplers Market Report Scope
  GET A FREE SAMPLE

FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.

 Request Free Sample Copy

Have questions before ordering this report?

Inquiry Before Buying