Technavio analysts expect the global pulse generator market to grow at an average annual rate of 1% between 2016 and 2020, from $ 83.72 million (about € 79 million) in 2015 to $ 88.28 million (approximately € 83 million) in 2020, an increase of $ 4.56 million (€ 4.28 million).
The study carried out by Technavio shows the growth prospects of the global market for pulse generators for the period 2016-2020.
The report presents the main suppliers of pulse generators, the perspectives and trends of this sector in the different regions of the world: Americas, Asia Pacific (APAC) and EMEA (Europe, Middle East, Africa).
Technavio’s analysts highlight three factors contributing to the modest growth in the global pulse generator market:
- 85% of on-chip systems currently incorporate mixed circuits that operate analog and digital signals.
- The broader market for digital mobile terminals: nearly 2 billion units in 2015 sold with an expected increase of nearly 7% per year.
- Emergence of IoT applications: by 2020 the IoT market will be worth 2.5 trillion dollars and the manufacturing industry will account for 25% of the market.