- An optocoupler is an electronic component used to connect two separate electrical circuits by a light-sensitive optical interface.
- An optocoupler consists of an LED that produces infra-red light and a semiconductor photo-sensitive device that is used to detect the emitted infra-red beam.
- Logic output optocouplers are segmented into three types. These include 1 channel optocoupler, 2 channels optocoupler, 4 channels optocoupler, and others, which are used in electronics, industrial, automotive, communication, and other applications.
Rise in Demand for Use in Electronics Applications
- A logic output optocoupler is largely used in electronics applications, as it offers advanced features and technological advancement.
- The logic output optocoupler eliminates the need for a relay-controlled contact or an isolating transformer; this feature increases the use of logic output optocouplers in electronics applications.
- The rising demand for sophisticated devices delivering efficient solutions, dynamics application areas, and adaptability of portable device in electronics is likely to drive the logic output optocoupler market during the forecast period.
- The most common market applications of logic output optocouplers include microprocessor input/output switching, PC communications, DC and AC power control, signal isolation, and power supply regulation.
- Some of the restraints of logic output optocouplers are declining demand from end-users, shortage of raw materials, disruptions in the supply chain, and economic slowdown due to COVID-19.
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Asia Pacific to Lead the Logic Output Optocoupler Market
- In terms of region, the global logic output optocoupler market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
- Asia Pacific is anticipated to witness fastest growth in the global logic output optocoupler market throughout the forecast period due to the growing semiconductor industry in major developing countries in the region.
- Asia Pacific is likely to witness the fastest growth in the market due to increasing demand for logic output optocouplers in countries such as Japan, China, Taiwan, Indonesia, South Korea, and India for numerous applications.
- Additionally, China’s strong foothold in the global semiconductor market, presence of major contributors to the global automotive sector in the region, and the smart energy-efficient products market boosts the demand for logic output optocouplers.
- The logic output optocoupler market in North America is expected to expand at a substantial rate during the forecast period due to the presence of a few big players and several small regional players. On the other hand, the markets in Europe, Middle East & Africa, and South America are estimated to expand at a moderate pace during the forecast period.
Key Players Operating in the Global Logic Output Optocoupler Market
The global logic output optocoupler market was highly fragmented in 2019. Major players operating in the global market are focusing on technological advancements and expansion to meet the rising demand for logic output optocouplers. Moreover, manufacturers are signing partnerships for the development of innovative products.
Key players operating in the global logic output optocoupler market include:
- Broadcom Inc.
- Toshiba Corporation
- Vishay Intertechnology, Inc.
- Renesas Electronics Corporation
- Fairchild Semiconductor
- IXYS Corporation
- Everlight Electronics Co., Ltd.
- Sharp Microelectronics
- ON Semiconductor
- Central Electronics Limited
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Global Logic Output Optocoupler Market: Research Scope
Global Logic Output Optocoupler Market, by Type
- 1 Channel Optocoupler
- 2 Channels Optocoupler
- 4 Channels Optocoupler
- Others
Global Logic Output Optocoupler Market, by Application
- Electronics
- Communications
- Industrial
- Automotive
- Others
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