Class D Audio Amplifier Market Expected to Garner $4.92 Billion By 2026 at a CAGR of 8.4% | Factors that Propels the Market Growth
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Class D Audio Amplifier is an electronic device, which amplifies the amplitude of the sound signals. Amplified sound signals can reach to the higher level and hence are suitable for loudspeakers or driving subwoofers. It offers varied advantages such as heat dissipation, energy efficiency, and space efficiency. It is an important consideration while designing portable music devices.
This is attributed 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, who 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 handheld devices such as MP3 and Portable docking stations.
Amplifier devices nowadays have also been integrated in the automotive industry. For instance, looking at this opportunity, Audi A4 amplifier announced that it is expected to start the manufacturing of a head-up display system for the automotive industry. The vehicle display device produced by Audi is a transparent flexible display, which can be rolled around.
The heads-up display can be utilized in several ways and has different functions for an enhanced driving experience. The vehicle display includes automotive components such as co-driver display, head-up display, center information display, rear seat entertainment, and others. OLED displays is the most preferred display technology among the major automotive players.
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Class D 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 Class D audio amplifier IC, which is commonly used in electronics system is 8 PIN DIP as it is power efficient which 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 provides amplification to a level which is convenient for the electronic devices.
Increase in Internet of Vehicles (IoV) penetration and introduction of energy cars & autonomous vehicles give rise to numerous amplifiers systems such as head-up displays, navigation systems, digital dashboard, and others, which are expected to create lucrative growth opportunities for the growth of the class D audio amplifier market size in the automotive segment.
Rise in demand for audio amplifier in the automotive industry and rapid advancements in new age technologies such as autonomous driving, augmented reality, and big data, is expected to drive the growth of the class D audio amplifier market during the forecast period.
Asia-Pacific is one of the regions with the greatest number of growing countries such as Japan, India, South Korea, Taiwan, and Philippines in terms of digital technology and infrastructure in residential, commercial, and industrial sectors. Interactive touch screen is a leading technology in every region that delivers versatility for retail POS system and provide high intuitive touch experience.
Further, surge in industrialization and rapid urbanization also attracts the adoption of highly advance and interactive solutions. These factors are expected to boost the demand for class D audio amplifier in Asia-Pacific.
The growth of the class D audio amplifier market share is driven by substantial growth in demand for smart consumer electronics and high demand for vehicle infotainment systems in automotive sector. However, high installation cost act as major restraints, thereby hampering the market growth. Furthermore, increase in popularity of IoT offer lucrative opportunities for the class D audio amplifier market growth globally.
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Key Findings of the Study:
1. By amplifier type, the mono-channel segment generated the highest revenue in the market in 2018.
2. By device, the television set segment generated the highest revenue in the market in 2018.
3. By end use, the consumer electronics segment generated the highest revenue in the market in 2018
4. By region, Asia- Pacific generated the highest revenue in the market in 2018.
The key class D audio amplifier market size leaders profiled in the report Infineon Technologies AG, Analog Devices, Inc., NXP Semiconductors, On Semiconductor, ROHM Semiconductors, Renesas Electronics, ST Microelectronics and Qualcomm Technologies, Inc., Texas Instruments AND Toshiba Corporation. These key players adopted several strategies such as new product launch and development, acquisition, partnership & collaboration, and business expansion to increase their class D audio amplifier market share.
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Class D Audio Amplifier Market, By Amplifier Type
Chapter 5: Class D Audio Amplifier Market, By Device
Chapter 6: Class D Audio Amplifier Market, By End User
Chapter 7: Class D Audio Amplifier Market, By Region
Chapter 8: Competitive Landscape
Chapter 9: Company Profiles
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