Optocouplers Market Size Forecast to Reach $4.3 Billion by 2026

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Optocouplers Market - Forecast 2021 -
2026Market size, Industry outlook, Market
Forecast, Demand Analysis, Market Share, Market
Report 2021-2026
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• Optocouplers Market Size is forecast to reach
  4.3 billion by 2026, at a CAGR of 8.5 during
  2021-2026.
• Optocouplers are also called opto-isolators
  which physically isolates high voltage circuit
  systems from neighboring low-voltage systems and
  hence isolates the unwanted signals.

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• Key Takeaways
• Asia-Pacific is one of the most significant
  regions for the optocouplers market, mainly due
  to growth of the automotive sector where
  optocouplers are majorly used in the powertrain
  systems.
• Consumer Electronics sector is expected to
  witness a highest CAGR of 9.15 the forecast
  period, owing to various factors such as increase
  in sales of smart phones, laptops, tablets and
  others in countries such as India, China and so
  on.

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By Distribution Channel- Segment Analysis IC
output optocouplers segment held significant
market share of 33.29 in 2020, owing to the
growing need for energy efficient devices
worldwide along with the rising consumer
electronics market. According to Intelligence
Node, the number of smartphone users in United
States crossed 260 million in April 2020, and
smartphone shipments reached 161 million in
2019. This upsurge in usage of electronics
devices and growth in consumer electronics
industry have driven the demand for optocouplers. 
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• Optocouplers Market Industry Outlook 
• Broadcom
• ON Semiconductor Corporation
• Vishay Intertechnology
• Senba Sensing Technology
• Isocom Components
• Panasonic Corporation
• Profit Golden

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Optocouplers Market - Forecast 2021 -
2026 Learn More About the Report _at_
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Market-Research-509493
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• Analyst Briefing
• Data Tables
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