was valued at US$ 8.23 billion in 2024 and is projected to reach US$ 15.67 billion by 2032, at a CAGR of 9.7% during the forecast period 2025-2032
Report Studies
• The global Digital to Analog Convertor Market size was valued at US$ 8.23 billion in 2024 and is projected to reach US$ 15.67 billion by 2032, at a CAGR of 9.7% during the forecast period 2025-2032. The U.S. market accounted for 32% of global revenue share in 2024, while China is expected to witness the highest growth rate at 9.1% CAGR through 2032.
• Digital-to-analog converters are critical semiconductor devices that transform digital signals into continuous analog waveforms. These components enable precise signal reconstruction across applications including audio systems, industrial automation, medical imaging, and wireless communication. The market comprises various converter types such as parallel DACs (currently holding 58% market share) and serial DACs, differentiated by their interface architectures and conversion speeds.
By Type:
• The market is segmented based on type into:
• Parallel Digital-to-Analog Converters
• Serial Digital-to-Analog Converters
By Application:
• The market is segmented based on application into:
• Electronics
• Industrial
• Others
• Analog Devices (ADI) (U.S.) – Includes former Maxim Integrated products
• Microchip Technology (U.S.)
• Renesas Electronics (Japan)
• ROHM Semiconductor (Japan)
• Teledyne e2v (UK)
• Computer Conversions Corporation (U.S.)
• SHF Communication Technologies (Germany)
• RASTEME (Italy)
