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Audio Amplifier Market Size, Share | Future Trends, Industry Analysis and Forecast by 2027
Audio amplifier is an integrated circuit (IC) inserted in an electronic device, which is used to increase the amplifier-sound from low power electronic audio signal to high level audio signal. It is mostly used in sound systems such as home audio systems, musical instruments systems, loudspeakers, and sound reinforcement. The purpose of an amplifier is to increase vibrations to the maximum extent of signals without affecting the frequency or any wavelength, and help improve the efficiency of the system. Audio amplifier is also used in wireless communication and broadcasting.Audio amplifiers have various features to support inbuilt applications in a various product such as portable devices, car, home audio system, and other consumer electronics. The audio amplifier IC, which is commonly used in electronics system is 8 PIN DIP as it power efficient and assists in increasing the overall efficiency of the system. The advantage of having audio amplifier is high voltage operation--it minimizes the loss of power and provide amplifier to that level convenient to electronic devices.
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The audio amplifier market is expected to experience growth from 2019 to 2026 due to continuous progress in technology of electronic devices such as smart phones, tablets, PCs, and speakers. These advancements revolutionize the performance of audio amplifier market and create high demand among the consumers. Consumers prefer devices that are portable, easy to carry and having features, such as high speed, low power consumption, and greater accuracy, which automatically forces this market to focus and come up with an advanced feature of audio amplifier that supported in handheld devices such as MP3 and Portable docking stations.
Moreover, new technologies have been developed in power, which offer high efficiency to the system with minimal distortion. Hence, the demand for energy efficient audio system and high audio quality drives the growth of the market. As main purpose of audio amplifier is to increase the sound of audio signals from low level to high level matching the convenience of MP3 audio players and loudspeakers in addition to reducing undesirable increase in noise and distortion.
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Increase in adoption of advanced & power efficient electronic products, demand for the speakers, which consist audio amplifier improves sound quality majorly drive the growth of the audio amplifier market. These factors are responsible for the growth of the market across the globe. The factors that hamper the growth of audio amplifier market include problems regarding high energy consumption and current leakage. Growth in penetration of IoT and escalating popularity of in-vehicle Infotainment systems gives optimum opportunities for the growth of the audio amplifier market.
The recent development in audio amplifier market is "D" technology, which is used by various industries such as electronics, automotive, and home automation system. It is used in electronic devices capable of holding hundreds watt of power efficiently and used in low noise and high-power applications. TOSHIBA ELECTRONIC DEVICES AND STORAGE CORPORATION recently launched "TCB503HQ" for car audio that exhibits high resistance to power.
The audio amplifier market is segmented into class type , technology, application, end use, and region Based on class, the market is classified into A, A/B, D, and others. Based on technology, the market is divided into Gallium Nitride, Gallium Arsenide, and silicon germanium. Based on application, the market is categorized into smartphones, home automation, cars, medical devices, and others. Based on end use, the market is segregated into automotive, electronics, communications, commercial, and healthcare. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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Key players operating in the audio amplifier industry are Toshiba Corporation, ABB Ltd., Texas Instruments, IXYS Corporation, Broadcom Ltd., STMicroelectronics, Fuji Electric. Co. Ltd., Maxim Integrated, Mitsubishi Electric Corporation, and Infineon Technologies AG. These players focus on R&D, advancement of electronic devices. These players adopt collaboration, partnership, and agreement as their key developmental strategies to increase revenue of the audio amplifier market and develop new products for enhancing product portfolio.
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