The Galvanic Isolation Market is projected to grow at a CAGR of approximately 5.2% from 2022 to 2032, fueled by rising demand from critical sectors such as telecom, healthcare, and industry.
This report delves into key drivers, market size, and forecasts, providing revenue and shipment breakdowns along with a ten-year outlook through 2032. It also evaluates major industry players, market distribution, competitive dynamics, and regional perspectives.
The galvanic isolation market is experiencing significant growth, driven by its application across various industries, including telecommunications, healthcare, public services, manufacturing, energy, utilities, and transportation. This broad segmentation highlights the widespread adoption and increasing demand for galvanic isolation solutions to enhance safety and protection.
Galvanic isolation is a design technique used to eliminate stray current by isolating functional electrical system components. It ensures that AC signals can pass through the circuit while blocking stray current, typically achieved using optical isolators and transformers. This method is widely used in healthcare equipment, monitoring systems, and intrinsic safety isolators, as well as inverters, UPS systems, and medical imaging devices.
Global Galvanic Isolation Market: Drivers
Galvanic isolation device is easy to install, provides signal conversion options and is cheaper than other isolators. In addition, long-term performance of galvanic isolation device and application specific design are some of the major factors identified in the market that are driving the growth of galvanic isolation market across the globe.
Global Galvanic Isolation Market: Restraint
Failure of galvanic isolation devices without any notification, alert or symptoms can act as a restraint which is expected to hinder the growth of the galvanic isolation market.
Competitive Landscape
Major players in the global galvanic isolation market focus on investing on research and development activities in order to come up with advanced products. For example, Avago Technologies limited launched dual-channel R2Coupler optocoupler devices, the ACFL-621xT and ACFL-521xT in 2015. These optocoupler have especially been designed for automotive applications. Additionally, in the same year, Avago Technologies limited launched a wide range of latest industrial fiber optical products in Europe.
Key Players
Some of the major players operating in the global galvanic isolation market are Corrpro Companies Inc., Avago Technologies limited (AVGO), STMicroelectronics N.V., ROHM Semiconductor, Perle Systems Europe Ltd., Infineon Technologies AG, Professional Mariner LLC., Pepper+Fuchs GmbH and Analog Devices Inc. (ADI) etc.
Key Segments Profiled in the Galvanic Isolation Industry Survey
By Vertical:
- Telecom sector
- Healthcare sector
- Public sector
- Industrial sector
- Manufacturing sector
- Energy and utility sector
- Transportation sector
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- APEJ
- Japan
- Middle East & Africa
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