Press release
Power Amplifier Market Growing at 16% CAGR Analysis with Broadcom, Infineon Technologies, Texas Instruments, Skyworks Solutions, Qorvo, Maxim Integrated, QSC, Yamaha, Peavey Electronics
Power Amplifier, By Type (Audio-Power, Radio-Power), By Technology (GaAs RF, GaN RF), By Application (Smartphone, Tablets, PCs and Laptops, Audio Equipment) - Forecast 2016-2022Global Power Amplifier Market has been valued at US ~$976 million in the year 2015 which is growing with CAGR of ~16% from 2016 to 2022 and expected to grow at US ~$2.8 billion by end of forecast period.
Industry Leaders
Broadcom Limited (U.S.), Infineon Technologies (Germany), Texas Instruments (U.S.), Skyworks Solutions (U.S.), TriQuint Semiconductor (U.S.), Qorvo (U.S.), Maxim Integrated (U.S.), QSC, LLC (U.S.), Yamaha Corporation (Japan), Peavey Electronics Corporation (U.S.) are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Power Amplifier Market.
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Power Amplifier System Market - Overview
The Global Power Amplifier market is growing with the rapid pace; mainly due to the advent of automation and high adoption of internet of things in automotive industry. According to a recent study report published by the Market Research Future, the global market of Power Amplifier is booming and expected to gain importance over the forecast period. The market is projected to demonstrate a spectacular growth by 2022, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period (2016 – 2022).
Power amplifiers are the core parts of all base stations for cellular and mobile wireless infrastructure. The RF power semiconductor used in power amplifiers are the essential for their cost and capability and they must keep pace with both the economic and technical realities facing designers and users of these RF power amplifiers.
Power amplifiers are required in many internet of things connected products to increase the efficiency. The factor driving the global market of Power Amplifier System Market the trend towards increasing RF efficiency in the connected devices is boosting the power amplifier market. Apart from it, the increasing usage of smartphones, and increased demand of power amplifiers from cellular networks among others are the factors driving the power amplifier market. On the other hand, high operating costs, dynamic nature of semiconductor industry are some of the factors hindering the growth of Power Amplifier system Market. The trend towards new advanced cars are rising the demand for the power amplifiers in the automotive sector. Apart from it, the advanced medical equipment are also designed such that they need power amplifiers for functioning. Therefore the power amplifier market is expected to show tremendous growth in the coming years.
Industry News
Dec 2017 – Qorvo, a leading provider of innovative RF solutions has announced that it is providing the front-end power amplifier (PA) for the Qualcomm® Cellular Vehicle-to-Everything (C-V2X) Reference Design from Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated. It is designed to enhance travel safety consciousness and improve driver assistance.
Nov. 2017 - NAD Electronics, a leading manufacturer of premium home audio and video products, introduced the VISO HP70, a wireless, full-size headphone with Active Noise Cancellation (ANC), Tri-Mode operation and the company’s exclusive RoomFeel technology. It has passive mode which is offered for those who have a dedicated amplifier or when the built-in power pack is running low.
Power Amplifier system Market - Competitive Analysis
The Market of Power Amplifier system appears to be highly competitive. To maintain their market position and to drive the market growth, various dynamic and diversified international organizations, domestic organizations and as well as new entrants form a competitive landscape. Market leaders are innovating continuously and increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective product portfolio. Major players are investing on internal R&D and, most of all, in acquiring other firms. The leading chipmakers are acquiring smaller chipmakers and focusing on development of less capital intensive analog chips. But it has been observed that it is expected that big players might join forces and create a huge competition for other competitors.
Power Amplifier Market - Segmentation
Segmentation By Type: Comprises audio power and radio power.
Segmentation By Technology: Comprises GaAs RF Power Amplifiers, GaN RF Power Amplifiers among others.
Segmentation By Application: Comprises Smartphone, Tablets, PCs & Laptops, Audio Equipment and others
Segmentation By Regions: Comprises Geographical regions - North America, Europe, Asia Pacific and Rest of the World.
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Power Amplifier system Market - Regional Analysis
Asia-Pacific is dominating the Global Power Amplifier Market with the largest market share. Growing economy of Asian countries such as China and India and strong presence of manufacturing industry in China region is supporting the market of Power Amplifiers in this region. Power Amplifier system Market in North America market is expected to grow at a substantial CAGR during 2016 to 2022 owing to the increasing awareness towards energy savings. Also, the increasing advancements in medical industry observed in this region is a major driving factor for the power amplifier market. The European market for Power Amplifier Market is expected to grow at a considerable CAGR (2016-2022) due to the increasing demand from the automotive sector.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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