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
Audio Amplifier Market Synopsis
Audio Amplifier Market is estimated to reach USD 4,596.6 Million by 2026, registering a CAGR of 5.5% during the forecast period, 2020–2026.
The audio amplifier is a type of integrated circuit that is used in various electronic devices for amplifying the sound from a low-power electronic audio signal to a high-power audio signal. These devices are primarily used in sound systems, including loudspeakers, musical instruments, sound reinforcement systems, home audio systems, and others. Additionally, these devices are also used in various systems that are used for wireless broadcasting and communication. The growing demand for smart devices and the adoption of various speaker-integrated devices by the consumers are some of the major factors which are driving the growth of Audio Amplifier 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 Audio Amplifier Market. Furthermore, the increase in the adoption of IoT and in-vehicle infotainment systems is also contributing to the growth of the Audio Amplifier 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 Audio Amplifier Market.
Segmentation
Global Audio Amplifiers Market 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.
Audio Amplifiers Market, 2018–2026 (USD Million)
Source: MRFR Website
Regional Analysis
Global Audio Amplifier Market is estimated to grow at a significant rate during the forecast period from 2020 to 2025. The geographic analysis of the audio amplifier market has been conducted for North America (the US, Canada, and Mexico), Europe (the UK, Germany, France, Spain, Italy, and the rest of Europe), Asia-Pacific (China, Japan, India, and the rest of Asia-Pacific), and the rest of the world (the Middle East & Africa and South America).
Asia-Pacific held the largest share of the audio amplifier market in the year 2019 and is expected to be the fastest-growing regional market during the forecast period, 2020-2026. This is due to the presence of various consumer electronics manufactures, automobile manufacturers, and the entertainment industry in the region. Furthermore, the increasing demand for consumer electronics such as television sets and smartphones in the region is also boosting the growth of the Audio Amplifier Market. Similarly, the increasing disposable income levels and the rising adoption of smart and advanced devices in the region are also fueling the growth of the Audio Amplifier Market. China holds the largest share in the Asia-Pacific market due to the high production of these devices and low labor costs. Furthermore, the presence of various local and key market players in the country is also driving the Audio Amplifier Market growth.
Key Players
MRFR recognizes 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) as the key players in the global Audio Amplifier Market.
The prominent players keep innovating and investing in research & development to present a cost-effective product portfolio. There have been recent mergers & acquisitions among the key players, a strategy that the business entities leverage to strengthen their reach.
Intended Audience
- Military & Defense
- Electronics
- Consumer Electronics
- Government Organizations
- Research/Consultancy Firms
- Security & Safety Providers
- Industries
- Entertainment
- Automotive
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 |
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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.