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: May 30, 2024
  • Report Format: PDF, PPT

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

Optocouplers Market size was over USD 3 Billion in 2023 and is predicted to exceed USD 9.4 Billion by the end of 2036, witnessing over 10% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of optocouplers is evaluated at USD 3.3 Billion.

The growth of the optocouplers 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.


Optocouplers Market
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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)
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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

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Optocouplers Industry - Regional Synopsis

APAC Market Statistics

By 2036, Asia Pacific region in optocouplers market is projected to dominate over 40% revenue share. Optocoupler 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. The sales of semiconductors in the Asia-Pacific region are currently at 12.29 billion, up from 11.87 billion last month and 11.47 billion a year ago. This is a shift of 7.15% from a year ago and 3.49% from the previous month.

The need for optocouplers in the area is being supported by the growth of the consumer electronics industry throughout China. The National IC Investment Fund's second phase, which will be funded by around USD 23–30 billion raised by the Chinese government in 2022, has spurred market expansion since optocouplers isolate low- and high-voltage circuits in integrated circuits.

In Japan demand is expected to rise due to the nation's growing need for electric cars and other devices that support optocouplers. Japan's passenger EV market saw record sales in 2022. According to reports from the Japan Automobile Dealers Association (JADA) and the Japan Mini Vehicles Association, sales of battery electric vehicles (BEVs) climbed by 2.7 times to 58,813 in 2022 from 2021.

The need for optocouplers may increase in the future if 5G is successfully introduced in Korea. In South Korea, there were 80.2 million mobile subscribers overall, of which 38% were 5G users.

North America Market Analysis

Optocouplers market size for North America region is projected to cross USD 46 Billion by the end of 2036. The optocouplers market has grown as a result of the growing use of cutting-edge technologies, rising disposable income, and expanding manufacturing operations in this area. Between 1959 and 2024, the United States' average disposable personal income was 6272.95 USD billion. It peaked in March 2021 at 21858.08 USD billion and fell to a record low of 351.54 USD billion in January 1959.

Optocouplers appear to have a bright future in the United States, with promising prospects in the automotive, telecommunication, industrial, and consumer electronics sectors. With less than 6.6 million kilometers of road space in 2020, the United States has the largest road network in the world.

Research Nester
Optocouplers Market size
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Companies Dominating the Optocouplers Landscape

    • 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

  • 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. 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


  • Report ID: 5978
  • Published Date: May 30, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2023, the industry size of optocouplers was over USD 3 billion.

The market size for optocouplers is projected to cross USD 9.4 billion by the end of 2036 expanding at a CAGR of 10% during the forecast period i.e., between 2024-2036.

The major players in the market are LilyGo, Semiconductor Components Industries, LLC, Vishay Technology, Inc., Senba Sensing Technology Co., Ltd., Isocom Components, Golden Profit, Lite-On Technology Corporation, Shenzhen Kento Electronic Co. Ltd., EVERLIGHT ELECTRONICS CO., LTD., and others.

The IC output optocouplers segment is anticipated to garner a share of 40% during 2024-2036.

The Asia Pacific optocouplers sector is poised to hold 40% share by the end of 2036.
Optocouplers Market Report Scope
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