During the forecast period of 2022 to 2032, demand for galvanic isolation is expected to grow at a moderate CAGR of around 5.2 percent. The observed growth can be attributed to rising demand from various industries such as telecommunications, healthcare, and manufacturing.
Galvanic isolation is a technique for isolating electrical circuits to eliminate stray currents. It has become a popular technique for increasing safety by preventing accidental currents from passing through a person’s body. Galvanic isolation is achieved by using optical isolators, capacitors, and transformers to ensure that only AC signals pass through the circuit and no stray current.
Separating power supplies has become an important factor in modern equipment design to improve the safety of both electronic devices and operators. Adoption of galvanic isolation prevents stray currents while maintaining signal flow.
Capacitors and relays, among other galvanic isolation components, are used in healthcare equipment, intrinsic safety isolators, UPS, monitoring systems, and inverters.
Some of the major factors driving the growth of the galvanic isolation market include rising demand for energy efficiency, raising safety concerns, and rising adoption of galvanic isolation components across diverse verticals such as healthcare, telecom, energy, and utility.
Galvanic isolation has become an essential method of preventing DC and unwanted AC currents from flowing between two parts of a system while still allowing signal and power transfer between those two points. It is increasingly being used in modern electrical systems for a variety of reasons, including the prevention of electrical shocks to human operators, the protection of expensive processors, AC, or FPGAs from damage in a high voltage system, and the breaking of ground loops, and the improvement of noise immunity.
Electric injuries caused by low and high voltage currents are becoming more common types of mechanical trauma. According to a report published in the National Center for Biotechnology Information (NCBI), approximately 30000 non-fatal electric shock incidents and 1000 fatal ones are reported in the United States each year. Because of the increase in electric shock incidents, galvanic isolation components such as capacitors and optical isolators have been adopted.
Key Players:
- Corrpro Companies Inc.
- Avago Technologies Limited (AVGO)
- STMicroelectronics N.V.
- ROHM Semiconductor
- Perle Systems Europe Ltd.
- Infineon Technologies AG
- Professional Mariner LLC.
- Pepper+Fuchs GmbH
- Analog Devices Inc. (ADI)
