Digital isolators are used to isolate the signal interference between circuits, subsequently improving a system’s stability and safety. They are used in electronic circuits, especially in industrial electronic equipment, to protect systems from high-voltage hazards with the use of DC isolation. Thus, in the industrial sector, digital isolators mainly aid in component protection, signal level shifting, user safety, and safety regulation compliance. They also facilitate data transfer without any electrical connection or path that can create a safety hazard.
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Impact of COVID-19 Pandemic on Europe Digital Isolator Market Growth:
With the outbreak of different variants of SARS-CoV-2 in key countries such as the UK and Germany, the digital isolator market faced challenges in its revival. Europe is a hub for the healthcare, aviation, manufacturing, automotive, and energy & power sectors. Many businesses in the region faced financial challenges as their activities were substantially reduced due to a lack of workforce, government-imposed restrictions, and decreasing sales. The limited presence of digital isolator vendors across the region has been another major factor behind the regions’ dependence on imports from international companies for digital isolator products. This certainly hampered the market of Europe as the other international vendors were not able to provide their respective solutions to their customers due to supply chain challenges. However, during the pandemic recovery period, the market began growing at a healthy pace owing to the increasing demand for advanced electronic devices due to the resumption of facilities, operations, commercial places, and transportation.
Businesses in European countries have been taking initiatives to restructure their operations and make changes across their respective organizations to cope up with uncertainties associated with the pandemic. With this, the demand for automation technologies and digital equipment has been increasing across different industries, in turn, propelling the demand for digital isolators and therefore fueling the digital isolator market growth.
Growing Demand from Industrial Sector Bolsters Digital Isolator Market Growth:
Automation helps reduce human intervention across industrial operations, subsequently improving operational efficiencies. The automation of the industrial sector is leading to the higher deployment of digital and automated system control technologies such as PCs, DCs, and programmable logic controllers (PLCs) across industrial facilities. The rise in demand for industrial automation across manufacturing facilities is one of the major factors catalyzing the digital isolator market growth worldwide. The applications of digital isolators in devices such as such as remote sensing devices, programmable logic controllers (PLCs), and motor control devices is driving the demand for digital isolators across the industrial sector. Further, the increasing applications of automated machine/motor control devices and PLCs is also catalyzing the demand for digital isolator market. The demand for PLCs is rapidly growing in the industrial automation sector due to the advantages such as better flexibility and ease, scalability, greater memory capacity, compact size, high-speed Ethernet, and access to wireless systems. PLCs provide precision output to industrial devices that are used for automating processes. Digital isolators are increasingly used in remote sensing devices, PLCs, and motor control devices, among others that allows to minimize the ground level errors in the end devices.
Strategic Insights:
The digital isolator market players focus on developing advanced and efficient systems. For instance:
- In 2022, Mornsun Guangzhou Science & Technology Co Ltd announced that they had signed a distribution agreement with Avnet Abacus. The partnership will increase the company’s reach and presence in the EMEA market.
- In 2019, Broadcom Inc announced the launch of ACNT optocouplers with 15 mm creepage and 14.2 mm clearance for the high-voltage isolation applications. The optocouplers comprise the comprehensive product types, which help them meet different galvanic isolation requirements and features.
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