Audio Amplifier Market Size 2021-2027
New Study Reports " Audio Amplifier Market Size 2021, Analysis, Growth, Size, Trends Forecasts 2027" has been Added on MarketResearchFuture.
Report Overview
Audio Amplifier Market Size is Projected to Reach USD 4,596.6 Million by 2026 at a 5.5% CAGR During the Period, 2020–2026
Starting with the overview of the Audio Amplifier Market Size, it presents an overall analysis of the latest trends that are prevalent in the industry. The report begins with the description of the market surroundings and the analysis of the size and forecast of product or service based on regions and applications. In addition to it, the report also introduces the market competitive landscape among the vendors and manufacturers that contribute to the growth of the product or service. The company profiling and market price analysis in relation to the value chain features is also covered in the report. The data experts have examined and scrutinized the industry trends in the key regions. 2021 has been considered as the base year, with the forecast period extending to 2027.
Advancements in technology and the rapid adoption of smartphones, smart speakers, television sets, laptops, and other consumer electronics devices have boosted the demand for audio amplifiers across the globe. Furthermore, the developments in Wi-Fi and Bluetooth speakers and enhanced audio quality have also increased the integration of these circuits in consumer electronics products, which is also expected to drive the growth of the market.
The increasing advancements in electronic devices, such as speakers, headphones, smartphones, laptops, PCs, tablets, GPS systems, and others, that use audio amplifiers for amplifying the sound are considered as a major factor for driving the growth of the market. Furthermore, the increase in the adoption of IoT and in-vehicle infotainment systems is also contributing to the growth of the market. The entertainment industry invests heavily in global festivals and music concerts, which increases the demand for professional audio equipment, in turn, boosting the need for audio amplifiers and propelling the growth of the market. Moreover, the rising adoption of advanced and power-efficient electronic products also supports the growth of the market.
Key Players
The report has profiled some of the Important players prevalent in the global like – MRFR recognizes the key players in the global Audio Amplifier Market Size as STMicroelectronics (Netherlands), Texas Instruments (US), NXP Semiconductors (Netherlands), Maxim Integrated Products, Inc. (US), Analog Devices (US), Cirrus Logic (US), Toshiba Corporation (Japan), Infineon Technologies (Germany), ON Semiconductor Corp. (US), Qualcomm Incorporated (US), ROHM Semiconductor (Japan), Monolithic Power Systems, Inc. (US), and Silicon Laboratories, Inc. (US) among others.
The leading players keep innovating and investing in research & development to offer a cost-effective product portfolio. There have been recent mergers & acquisitions among the key players, a strategy employed by business entities to strengthen their reach.
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Key Segments
The global Audio Amplifier Market Size Size has been segmented based on channel type, device, class, end user, and region.
By channel type, the market has been segmented as mono channel, two channel, four channel, six channel, and others.
By application, the market has been segmented into smartphones, television sets, home audio systems, desktops & laptops, tablets, automotive infotainment systems, professional audio systems, and others.
By class, the market has been segmented into A, A/B, D, and others.
By end user, the market has been segmented into consumer electronics, automotive, entertainment, military & defense, and others
By region, the market has been segmented into North America, Europe, Asia-Pacific, and the rest of the world.
Regional Analysis
The global Audio Amplifier Market Size Size is estimated to grow at a significant rate in the future. The geographical analysis of the Audio Amplifier Market Size Size has been conducted for North America, Europe, Asia-Pacific, and the rest of the world.
North America accounted for a significant market share in 2019 and is one of the developed regions having a large number of electronic devices manufacturers that use audio amplifiers. Similarly, the presence of audio amplifier manufacturers such as Texas Instruments, Analog Devices, ON Semiconductor Corp., and others in the region is fueling the growth of the market. Additionally, the high demand for advanced technologies in the region is also driving the market growth
Europe is expected to record a high CAGR during the forecast period due to the increasing demand for audio devices and audio systems in the region. Furthermore, the rising demand for digital dashboards, head-up displays, and navigation systems, among other systems from the automobile industry in the region, is also propelling the growth of the market.
Asia-Pacific is expected to be the fastest-growing regional market during the forecast period and accounted for the largest share in 2019 due to rising urbanization, technological advancements, and increasing investments by the manufacturing companies in the development of consumer electronics, which is boosting the growth of the market. China holds the largest share in the Asia-Pacific market due to increasing investments by the private and government sectors in the development of new and advanced technologies for the consumer electronics industry.
The rest of the world market is expected to register a significant CAGR during the forecast period due to the rising demand for smart speakers and audio systems, investments made by the governments and the companies for the development of advanced technologies in the region, which is also fueling the growth of the market. The region has been further segmented into South America and the Middle East & Africa.
Key Stakeholders
Audio Amplifier Market Size Manufacturers
Audio Amplifier Market Size Distributors/Traders/Wholesalers
Audio Amplifier Market Size Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Table Of Contents
- EXECUTIVE SUMMARY
- SCOPE OF THE REPORT
2.1. MARKET DEFINITION
2.2. SCOPE OF THE STUDY
2.2.1. RESEARCH OBJECTIVES
2.2.2. ASSUMPTIONS & LIMITATIONS
2.3. MARKETS STRUCTURE
- MARKET RESEARCH METHODOLOGY
3.1. RESEARCH PROCESS
3.2. SECONDARY RESEARCH
3.3. PRIMARY RESEARCH
3.4. FORECAST MODEL
- MARKET LANDSCAPE
4.1. PORTER’S FIVE FORCES ANALYSIS
4.1.1. THREAT OF NEW ENTRANTS
4.1.2. BARGAINING POWER OF BUYERS
4.1.3. THREAT OF SUBSTITUTES
4.1.4. INTENSITY OF RIVALRY
4.1.5. BARGAINING POWER OF SUPPLIERS
4.2. VALUE CHAIN/SUPPLY CHAIN OF THE GLOBAL AUDIO AMPLIFIERS MARKET
….
- COMPANY PROFILES
12.1. STMICROELECTRONICS
12.1.1. COMPANY OVERVIEW
12.1.2. PRODUCT/BUSINESS SEGMENT OVERVIEW
12.1.3. FINANCIAL UPDATES
12.1.4. KEY DEVELOPMENTS
12.1.5. SWOT ANALYSIS
12.1.6. KEY STRATEGIES
12.2. TEXAS INSTRUMENTS
12.2.1. COMPANY OVERVIEW
12.2.2. PRODUCT/BUSINESS SEGMENT OVERVIEW
12.2.3. FINANCIAL UPDATES
12.2.4. KEY DEVELOPMENTS
12.2.5. SWOT ANALYSIS
12.2.6. KEY STRATEGIES
12.3. NXP SEMICONDUCTORS
12.3.1. COMPANY OVERVIEW
12.3.2. PRODUCT/BUSINESS SEGMENT OVERVIEW
12.3.3. FINANCIAL UPDATES
12.3.4. KEY DEVELOPMENTS
12.3.5. SWOT ANALYSIS
12.3.6. KEY STRATEGIES
12.4. ANALOG DEVICES
12.4.1. COMPANY OVERVIEW
12.4.2. PRODUCT/BUSINESS SEGMENT OVERVIEW
12.4.3. FINANCIAL UPDATES
12.4.4. KEY DEVELOPMENTS
12.4.5. SWOT ANALYSIS
12.4.6. KEY STRATEGIES
And more
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