The global Digital Potentiometer market was valued at US$ 228 million in 2020 and it is expected to reach US$ 317.6 million by the end of 2027, growing at a CAGR of 4.4% during 2021-2027.
Digital Potentiometer market is growing due to the increasing digitization and new technologies supported by digital potentiometer. The digital potentiometer or digiPOT are less exposed to vibration and physical tampering which increases demand for digital potentiometer among the users. These digital potentiometer can be used in place of mechanical potentiometer for various purposes such as sensor trimming, calibration, audio level control for matching line impedances. Digital potentiometer can also be used to adjust level in automotive electronics and in programmable power supplies.
The major factor driving the adoption of Digital Potentiometer is the environmental protection and its features such as higher resolution, greater stability, and reliability. Digital potentiometer are smaller than mechanical potentiometers and can fit in tiny IC packages measuring 2.9 mm x 2.8 mm (SOT-23-6) or smaller due to which it is easy to carry them.
Global Digital Potentiometer Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Digital Potentiometer Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Ti, MaximIntegrated, Microchip, DFRobot, ADI and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-digital-potentiometer-market-outlook
Segment by Type
- Non-Volatile
- Volatile
Segment by Application
- Home Appliances
- Communication Product
- Automotive
- Others
Table of Content:
1 Digital Potentiometer Market Overview
2 Digital Potentiometer Market Competition by Manufacturers
3 Digital Potentiometer Retrospective Market Scenario by Region
4 Global Digital Potentiometer Historic Market Analysis by Type
5 Global Digital Potentiometer Historic Market Analysis by Application
6 Key Companies Profiled
7 Digital Potentiometer Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Digital Potentiometer Market Dynamics
10 Global Digital Potentiometer Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
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Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.