Isolated Interfaces Market Size, Share, Growth, And Industry Analysis By Type (Isolate I2C, Isolate CAN Transceivers, Isolate RS-485 Transceivers and Others) By Application (Industrial Automation, New Energy Vehicle, Communication Base Station, Photovoltaic and Smart Grid and Others), Regional Insights, and Forecast To 2031

Updated On: 01 April 2024

Isolated Interfaces Market Report Overview

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The global isolated interfaces market size was USD 354.5 million in 2022 and is expected to reach USD 1197.75 million in 2031, exhibiting a CAGR of 14.5% during the forecast period.

The coupling of isolation technology and a communication interface is known as the isolated interface. The ability to arrange interfaces in sets with each port's traffic being isolated from the other interfaces in the group is provided by interface isolation. However, communication between the group's isolated interfaces and the privileged interface is possible. There are various integrated isolated interfaces available, but isolated CAN, RS-485, and I2C are the main areas of attention, along with factors to take into account while isolating a communication interface.

Industrial interface ICs with inbuilt isolation can reduce unexpected downtimes to a minimum and increase reliability by many orders of magnitude while lowering the time it takes to launch a new industrial automation system by half. The market share for isolated interfaces is expected to increase rapidly during the anticipated period owing to these benefits of isolated interfaces and the emergence of advanced electronic control products.

COVID-19 Impact: Low Production Due To Supply Chain Bottlenecks

The global COVID-19 pandemic has been unprecedented and staggering, with isolated interfaces market experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.

The sudden emergence of the COVID-19 pandemic had prompted the implementation of strict lockdown regulations throughout several nations, resulting in disruptions in the industrial operations of the isolated interfaces. However, one of the major factors that pushed the demand for isolated interfaces growth during the COVID-19 pandemic was the increase in demand for sophisticated control solutions across key electronic sectors. Additionally, since semiconductors require high-energy ion beams, the demand for semiconductors is anticipated to increase the demand for focused ion beam systems.

Latest Trends

"High Accuracy New Insolated Interfaces to Ensure Market Growth"

The new evaluation board includes the high-accuracy metering front-end IC with the advanced digital isolator, combining low-cost sensors and effective galvanic isolation with configurable turn-key firmware running on a microcontroller that computes metrology and power-quality data to ensure durability against EMI and a high signal-to-noise ratio for high-accuracy measurement and post-processing computation, the sensing circuitry and PCB architecture have been improved. The isolated interface's high accuracy would make it possible for a larger range of applications, which would increase the market size for the isolated interface.

Isolated Interfaces Market Segmentation

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• By Type Analysis

According to type, the market can be segmented into Isolate I2C, Isolate CAN, Transceivers, Isolate RS-485 Transceivers and others. Isolate I2C is the leading segment by the type.

• By Application Analysis

Based on application, the market can be divided into Industrial Automation, New, Energy Vehicle, Communication Base Station, Photovoltaic and Smart Grid and others. The industrial automation largest segment holding the major share of the market.

Driving Factors

"Compact Devices To Boost The Demand"

There are some fundamental considerations of device selection beyond selecting the appropriate communication interface to take into account while figuring out the best isolated solution for any IC design. Standard design factors to take into account during the selection process include isolation ratings, package options for minimal creepage and clearance requirements, primary and secondary power supply needs, signal data rates, over-voltage protection, and emissions performance. Compact isolated interfaces would become the preferred option as a result, increasing the demand on the market. Integrated isolated interface solutions include the integration of communication interfaces, signal isolation, and in certain circumstances, even integrated power.

"Increase In Safety Measures To Ensure Growth In The Demand"

To assist avoid electrical shock, isolated interfaces are used. High or hazardous voltages are often blocked at isolated interfaces to protect circuits from electric shock and for safety concerns. Transient voltages can also be blocked at isolated interfaces for the same reasons. Unintentional electric current flowing between conductive circuits under high voltage can cause harm to an electrical circuit. An important factor driving the growth of the isolated interface market is the rising demand for these safety measures.

Restraining Factors

"Faulted Isolated Interface To Harm The Demand"

A point or border where two items come together or touch is known as an interface and which very prone to the communication failure. High resistance or infinite resistance path is produced by a loose fit, damaged or filthy contacts, or misalignment. A poor connector can induce distortion that introduces undesirable additional signals into a device in addition to preventing proper contact and acting as a non-linear device. Therefore, these kinds of flaws in isolated interfaces would hinder the expansion of the market

Isolated Interfaces Market Regional Insights

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"North America Is The Largest Region For The Isolated Interfaces Market"

Owing to the wider manufacturing base and given its technological leadership in the electronics the market for the isolated interfaces in the North America region. The region has a long history of being a global leader in electronic devices, retail and wholesale. The region's well-established electronic industry has always been a source of stability for the market demand. The Asia Pacific is anticipated to have the second largest isolated interface market share. Due to the region's booming electronic industry, isolation interface manufacturers are focusing more on this region to deliver compact solutions.

Key Industry Players

"Key Players Focus on Partnerships to Gain a Competitive Advantage "

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.

List of Market Players Profiled

• ADI (U.S.)
• Texas Instruments (U.S.)
• Infineon (Germany)
• NXP Semiconductors (Netherlands)
• CHIPANALOG (China)
• NOVOSENSE (China)
• Renesas (Japan)
• NVE (U.S.)
• 2Pai Semiconductor (China)
• Silicon loT (U.S.)
• ZLG (China)
• UTEK TECHNOLOGY (China0

Report Coverage

This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, etc. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.