Audio Amplifier Market Research Report - Forecast till 2027

Audio Amplifier Market Research Report: By Channel Type (Mono Channel, Two Channel, Four-Channel, Six Channel and Others), Application (Smartphones, Television Sets, Home Audio Systems, Desktops & Laptops, Tablets, Automotive Infotainment Systems, Professional Audio Systems and Others), Class (A, A/B, D and Others), End Users (Consumer Electronics, Automotive, Military & Defense, Entertainment and Others) - Forecast till 2027

ID: MRFR/SEM/8610-HCR | February 2021 | Region: Global | 100 pages

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Audio Amplifier Market Overview


The Audio Amplifier Market Size is expected to reach USD 4,596.6 Million by the end of the Audio Amplifier Market Forecast, registering a CAGR of 5.5% during the forecast period 2020-2026. The audio amplifier is a type of integrated circuit used in a variety of electronic devices to convert low-power electronic audio signals to high-power audio signals. These devices are mostly found in sound systems, such as loudspeakers, musical instruments, sound reinforcement systems, and home audio systems increasing the Audio Amplifier Market Growth and market share during the Audio Amplifier Market Analysis. Furthermore, these devices are employed in a variety of systems for wireless broadcasting and communication. An audio amplifier is an integrated circuit (IC) installed into an electronic device that amplifies a low-power electronic audio signal to a high-level audio signal. It's typically found in home audio systems, musical instrument systems, loudspeakers, and sound reinforcement systems. The objective of an amplifier is to help improve the efficiency of a system by increasing vibrations to the highest extent possible without changing the frequency or wavelength. Wireless communication and broadcasting also use audio amplifiers.


COVID 19 Analysis


The impact of COVID-19 on the audio amplifier market is bleak since the consumer electronics industry has been severely harmed and is likely to continue to have substantial repercussions for consumer electronics availability in the future. The market's growth is likely to decrease as a result of the upcoming supply chain issue. Since the implementation of COVID-19, a major section of the workforce has been working from home, posing a significant data protection challenge for organizations all over the world. Given these circumstances, numerous companies are considering expanding work-from-home periods or implementing a permanent structure in the next years.


Market Dynamics


Drivers


Consumer acceptance of various speaker-integrated gadgets and the growing need for smart devices are some of the primary reasons driving the Audio Amplifier Market Growth and Audio Amplifier Market Size during the Audio Amplifier Market Analysis. The rising improvements in electronic devices that use audio amplifiers for sound amplification, such as speakers, headphones, smartphones, laptops, PCs, tablets, GPS systems, and others, are a major factor driving the growth of the market. In addition, the growing usage of IoT and in-vehicle infotainment systems is fueling the growth of the Audio Amplifier Market and Audio Amplifier Market Opportunities. The entertainment sector invests extensively in global festivals and music events, which drives up demand for professional audio equipment, which in turn drives up demand for audio amplifiers, pushing the market growth. The market is also expected to increase due to the increasing adoption of innovative and energy-efficient electronic devices. Increased adoption of innovative and energy-efficient electronic devices, as well as demand for speakers that include an audio amplifier to boost sound quality, are driving the audio amplifier market forward. These elements are responsible for the market's worldwide expansion and Audio Amplifier Market Share.


Restraints


High energy consumption and current leakage are two concerns that are limiting the growth and Audio Amplifier Market Opportunities during the forecast. The expansion of the Internet of Things (IoT) and the rising popularity of in-vehicle infotainment systems provide the best prospects for the audio amplifier industry to flourish.


Technology Analysis


The innovations have revolutionized the performance of the market, resulting in significant consumer demand. Consumers prefer devices that are portable, easy to carry and have features like high speed, low power consumption, and greater accuracy, which forces this market to focus and develop an advanced feature of audio amplifier that can be used in handheld devices like MP3 players and portable docking stations. Furthermore, new power technologies have been developed that provide great system efficiency with little distortion. As a result, the market's growth is driven by the desire for energy-efficient audio systems with great audio quality. The basic aim of an audio amplifier is to boost the sound of audio signals from low to high levels, to match the convenience of MP3 players and loudspeakers while reducing unwanted noise and distortion.


Segment Overview


The Global Audio Amplifier Market is further bifurcated into various segments depending on various factors to help the market to grow as per the predicted CAGR growth by the end of the forecast period in 2027. The market is segmented based on the following:


Based on the Channel Type, the market has been segmented as follows:



  • Mono channel

  • Two-channel

  • Four-channel

  • Six-channel

  • Others


Based on the Application, the market has been segmented as follows:



  • Smartphones

  • Television sets

  • Home audio systems

  • Desktops & laptops

  • Tablets

  • Automotive infotainment systems

  • Professional audio systems

  • Others


Based on the Class, the market has been segmented as follows:



  • A

  • A/B

  • D

  • Others


Based on the End User, the market has been segmented as follows:



  • Consumer electronics

  • Automotive

  • Entertainment

  • Military & defense

  • Others


Based on the Region, the market has been segmented as follows:



  • North America

  • Europe

  • Asia-Pacific

  • The rest of the world


Regional Classification


During the historic forecast period, Asia-Pacific held the greatest share of the audio amplifier market, and it is predicted to grow at the quickest rate during the forecast period with various Audio Amplifier Market Key Players. The presence of various consumer electronics manufacturers, vehicle manufacturers, and the entertainment industry in the region contributes to this. Furthermore, the growing demand for consumer electronics in the region, such as television sets and smartphones, is propelling the market forward. Similarly, rising disposable income levels and increased usage of smart and modern technologies in the region are propelling the market forward. Due to high device manufacturing and low labor costs, China has the highest share of the Asia-Pacific market. The expansion of the Audio Amplifier Market is also fueled by the presence of several local and key market players in the country.


Competitive Landscape


The major businesses continue to innovate and spend in R&D to offer a cost-effective product selection. There have been recent mergers and acquisitions among the major players, a tactic used by the companies to expand their influence. Because changing customer needs are forcing companies to innovate, focus on R&D, and enhance electronic goods to attract more consumers, the audio amplifier industry is increasingly fragmented. Players are using key development methods such as collaboration, partnership, and agreement to boost revenue in the audio amplifier market and develop new items to expand their product range. The major Key Players are as follows:



  • STMicroelectronics (Netherlands)

  • Texas Instruments (US)

  • NXP Semiconductors (Netherlands)

  • Maxim Integrated Product, Inc. (US)

  • Cirrus Logic (US)

  • ON Semiconductor Corp. (US)

  • Toshiba Corporation (Japan)

  • Infineon Technologies (Germany)

  • Qualcomm Incorporated (US)

  • ROHM Semiconductor (Japan)

  • Analog Devices (US)

  • Monolithic Power Systems, Inc. (US)

  • Silicon Laboratories Inc. (US)


Recent Developments



  • Qualcomm has released the CSRA6640, a versatile, highly integrated single-chip amplifier solution that uses Qualcomm's DDFA digital amplifier technology. It introduces a new level of integration, allowing excellent Class D amplification to be commercially viable for low-tier goods and compact form factors.

  • The CS35L41 is a low-power boosted smart audio amplifier by Cirrus Logic. This amplifier is likely to gain traction as the world shifts toward mobile stereos in smartphones and other gadgets. For a better speaker listening experience, the CS35L41 has improved audio clarity, smart battery management, and a 55nm process architecture.


Report Overview


As part of the research methodology utilized to estimate and predict the Audio Amplifier Market, revenue data from prominent manufacturers' websites, press releases, annual reports, and other secondary sources were collected and analyzed. When determining market segmentation, vendor offerings are taken into account. Based on the revenues of the largest firms, the full market size of the worldwide market was calculated using the bottom-up technique. Following the determination of the total market size, the market was divided into several categories, each of which was then validated by primary research. To complete the full market engineering process and arrive at exact numbers for all categories, data triangulation and market breakdown techniques were used. This research contains an analytical picture of the worldwide audio amplifier market share, as well as current trends and future projections, to identify the most promising investment opportunities. The paper includes data on the major drivers, restrictions, and opportunities.



Report Scope:
Report Attribute/Metric Details
  Market Size   USD 4,596.6 Million
  CAGR   5.5% (2020-2026)
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Channel Type, Application, Class and End Users
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   STMicroelectronics (Netherlands), Texas Instruments (US), NXP Semiconductors (Netherlands), Maxim Integrated Product, 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)
  Key Market Opportunities   Increase in the adoption of IoT and in-vehicle infotainment systems
  Key Market Drivers

  • Growing demand for smart devices
  • The adoption of various speaker-integrated devices by the consumers


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    Frequently Asked Questions (FAQ) :

    The audio amplifiers market CAGR would be 5.5% during the forecast period (2020-2026).

    The audio amplifiers market valuation would surpass USD 4,596.6 Million by 2026.

    Players mentioned in the audio amplifiers market report are NXP Semiconductors (Netherlands), Maxim Integrated Product, Inc. (US), STMicroelectronics (Netherlands), Texas Instruments (US), Toshiba Corporation (Japan), Infineon Technologies (Germany), Analog Devices (US), Cirrus Logic (US), Qualcomm Incorporated (US), ON Semiconductor Corp. (US), Monolithic Power Systems, Inc. (US), ROHM Semiconductor (Japan), and Silicon Laboratories Inc. (US)

    The audio amplifiers market would gain from rising demand for smartphones and audio-integrated devices.

    The channel types mentioned in the report are six-channel, two-channel, four-channel, mono channel, and others.