Global Audio Amplifiers Market

Audio Amplifiers Market Size, Share, Growth Analysis, By Application(Smartphones, Television Sets, Home Audio Systems, Desktops & Laptops), By Channels Type(Mono, Two, Four, Six), By Region - Industry Forecast 2025-2032


Report ID: SQMIG25E2076 | Region: Global | Published Date: April, 2024
Pages: 223 | Tables: 66 | Figures: 77

Audio Amplifiers Market Insights

Audio Amplifiers Market size was valued at USD 4.26 Billion in 2023 and is poised to grow from USD 4.51 Billion in 2024 to USD 7.08 Billion by 2032, growing at a CAGR of 5.8% during the forecast period (2025-2032).

One of the key factors propelling the growth of the audio amplifiers market is the increase in popularity of consumer electronics devices across the globe. Rising consumer demand for high-quality audio output, growing use of amplifiers with features like improved stereo imaging and clarity, and use of 3.5mm wired headphones with a +12 dB of zero distortion volume gain all contribute to the market's rapid growth. The growth in demand for traction of in-vehicle infotainment systems and the increase in innovations across advanced and power-efficient electronic products, which are leading automotive applications for driving class D audio amplifier performance, further influence the market. The market for audio amplifiers is also benefited by rising government incentives, urbanisation, digitization, and rising consumer demand for energy-efficient technologies in portable audio devices. Additionally, during the forecast period of 2021 to 2028, market participants will have lucrative prospects due to the penetration of the Internet of Things (IoT) and the integration of an increased number of capabilities with car audio systems.

US Audio Amplifiers Market is poised to grow at a sustainable CAGR for the next forecast year.

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FAQs

Audio Amplifiers Market size was valued at USD 4.03 billion in 2022 and is poised to grow from USD 4.26 billion in 2023 to USD 6.69 billion by 2031, at a CAGR of 5.8% during the forecast period (2024-2031).

The competitive landscape for the audio amplifiers industry contains information on each competitor. Included information includes a company overview, financials, revenue generated, market potential, investments in R&D, new market initiatives, geographical presence, corporate strengths and weaknesses, product introduction, product width and breadth, and application domination. The data points mentioned above only pertain to the companies' market focus on audio amplifiers. 'NXP Semiconductors N.V. (Netherlands)', 'Texas Instruments Inc. (United States)', 'Infineon Technologies AG (Germany)', 'Analog Devices Inc. (United States)', 'STMicroelectronics N.V. (Switzerland)', 'Maxim Integrated Products Inc. (United States)', 'Cirrus Logic Inc. (United States)', 'ON Semiconductor Corp. (United States)', 'Yamaha Corp. (Japan)', 'Qualcomm Inc. (United States)', 'Renesas Electronics Corp. (Japan)', 'ROHM Co. Ltd. (Japan)', 'Silicon Labs Inc. (United States)', 'ICEpower A/S (Denmark)', 'ESS Technology Inc. (United States)', 'Monolithic Power Systems Inc. (United States)', 'Intersil Corp. (United States)', 'Atmel Corp. (United States)', 'Dialog Semiconductor Plc. (United Kingdom)', 'AKM Semiconductor Inc. (Japan)', 'Broadcom Inc. (United States)', 'Nuvoton Technology Corp. (Taiwan)'

The rise of the Internet of Things (IoT) is also contributing to the growth of the audio amplifier market. As more and more devices become connected to the internet, there is a growing need for audio amplifiers that can support these devices and enable them to communicate with each other.

Class-D amplifiers are gaining popularity due to their high efficiency, low power consumption, and compact size. This has led to an increased adoption of Class-D amplifiers in various applications, including consumer electronics, automotive, and industrial. This trend is expected to continue in the coming years, driving the growth of the audio amplifier market.

The overwhelming portion of revenue in 2022 came from Asia Pacific. The audio amplifier market is anticipated to develop at the fastest rate in the Asia-Pacific region. The rise of the audio amplifier industry is mostly due to increased consumer disposable income, expanding consumer electronics device usage, thriving infrastructure, and technological innovation in the area. The market in this region is expanding as a result of increased investment in the consumer electronics and automotive industries in Asia Pacific. In addition, Asia Pacific is the home of some of the biggest consumer electronics companies in the world, including Samsung, Panasonic, Toshiba, and LG Electronics. infrastructure growth and the accessibility of cheap labour in emerging countries.

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Global Audio Amplifiers Market

Report ID: SQMIG25E2076

$5,300
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