APAC Market Forecasts
The digital isolator market in the Asia Pacific is set to hold the largest revenue share of 33% by the end of 2037. The digital isolation market in Asia Pacific is expected to grow at the fastest rate during the forecast period, given the presence of a large number of major electrical device and equipment manufacturers in the region. In addition, digital isolators are commonly used for gate drivers and analog to digital converters in the Asia Pacific region. One of the most technologically advanced countries in the Asia Pacific region is China. This is a major contribution to the growth of the market in the Asia Pacific region.
North American Market Statistics
The digital isolator market in the North American is set to hold a significant share by the end of 2037. The increase in EV sales in the region is largely due to aggressive efforts by vehicle manufacturers to promote their adoption. In the United States, more than 0.8 million electric vehicles were sold in 2022, and Tesla accounted for over 60% of all sales. Currently, about 1% of the 250 million cars, LCVs, and SUVs in the country are electric, and it is expected that by 2030, their share in the total number of cars will increase to 30% and further to 40% by 2035.
Author Credits: Abhishek Verma
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