Press release
Trending Report On Class D Audio Amplifier Market By Growth, Demand & Opportunities & Forecast To 2028 | Major Gaints – Analog Devices, Inc, ICEpower a/s, NXP Semiconductors, Silicon Laboratories, Inc.
The class D audio amplifier market is expected to grow from US$ 2,437.96 million in 2021 to US$ 4,515.74 million by 2028; it is estimated to grow at a CAGR of 9.2% from 2021 to 2028.The Class D Audio Amplifier Market delivers a comprehensive study of the market, including its dynamics, structure, characteristics, Key players, growth and demand drivers, etc. As a Complete Analysis report, it covers all details inside analysis and outlook according to The Insight Partners.
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Developing regions such as Asia Pacific, the Middle East and Africa, and South America are characterized by positive economic outlook, increasing middle class population, and rising disposable incomes. These factors are driving the sales of passenger cars in these regions. Developing economies have been witnessing steady growth in the post-recession era, which has reflected in rise in disposable income. In the western countries, where consumers have high disposable incomes, high value and volume of car sales is driven by the preference for advanced features and technologies integrated in the cars. Luxury cars and autonomous cars, enhanced with high-end infotainment systems and technologies, are contributing significantly tothe total car sales in North America and Europe, among other developed markets. Hence, car manufacturers are focusing on the integration of sophisticated in-vehicle infotainment systems to provide distinct services to their customers. Despite a downturn in automotive sales in 2020 due to the COVID-19 pandemic, the overall growth outlook is estimated to be positive during the forecast period, i.e., during 2021–2028. Further, irrespective of variations in the percentage of car ownership across developing markets, the number of passenger cars per household increased steadily in the past decade. According to estimates of the Organisation Internationale des Constructeurs d’Automobiles (OICA), the global passenger car registrations in 2018 reached 55,834,456 worldwide. Further, sales of these cars are expected to increase in coming years due to growing adoption of private vehicles to avoid social contact in public transports to avoid exposure to SARS-CoV-2. Thus, surge in the adoption of in-vehicle infotainment systems in cars is bolstering the demand for class D audio amplifiers.
Impact of COVID-19 Pandemic on Class D Audio Amplifier Market
According to the latest report from the World Health Organization (WHO), the US, Spain, India, Italy, France, Germany, the UK, Russia, Turkey, Brazil, Iran, and China are among the worst-affected countries due to the COVID-19 pandemic. In 2020, the world economy suffered significant consequences of the pandemic due to disruptions in the electronics & semiconductors, and manufacturing industries, among others. A sharp decline in the growth of mentioned industries is limiting the class D audio amplifier market growth. Factory shutdowns, travel and trade bans, and border lockdowns to combat and contain the infection have impacted manufacturing, supply, and sales of various audio products.
Manufacturers of class D audio amplifiers are focusing on lowering operating costs to stay competitive in the market. They are expected to resume production activities in the post-lockdown phase. Government initiatives to boost economies and relaxations amid lockdown impositions are expected to fuel demand for class D audio amplifiers in the coming years. Moreover, high adoption of new technologies in the automotive and consumer electronics industries would further bolster the demand for class D audio amplifiers.
Market Insight –Class D Audio Amplifier Market
Growing Trend of AI-Enabled Smart Speakers Emerging as Significant Trend in Class D audio Amplifier Market
The growing trend of AI-enabled smart speakers is emerging as a significant trend driving the proliferation of the class D audio amplifier market. This growth in the trend can be attributed to technological advancements in consumer electronics and increasing customer preferences for automation and advanced features in products. Smart speakers rely on a set of complex artificial intelligence (AI) technology, and they catch sound waves and convert them into words using automatic speech recognition (ASR) feature. Further, the verbal data is converted into meaningful sentences using the natural language understanding (NLU) technology. Once the meaning is understood, the smart speakers respond using the natural language generation (NLG) technology. The AI-enabled smart speakers are expected to deliver simple operational functions with smooth and high-quality audio experience.
Type Segment Insights
The class D audio amplifier market, by amplifier type, is segmented into mono channel, 2-channel, 4-channel, and 6-channel.Electronics vendors commonly use high-efficiency, filter-less, analog-input class D amplifiers to manage the power requirements of portable audio speakers engineered in cell phones, tablet computers, and personal navigation devices. These amplifiers allow direct connection to a battery, thus minimizing losses and reducing component count.
ProductSegment Insights
Based on product, the global class D audio amplifier market is segmented into automotive infotainment systems, smartphones, television sets, and others. The others segment held the largest market share in 2020, and the automotive infotainment system segment is anticipated to register the highest CAGR during the forecast period. The increasing adoption of class D amplifiers in home entertainment systems such as smart speakers, home theater systems, surround sound systems, PCs, and laptops is bolstering the market for this segment.
Industry Vertical Segment Insights
Based on industry, the class D audio amplifier market is segmented into automotive, consumer electronics, and others. The consumer electronics segment is anticipated to hold the largest market share and the automotive segment is anticipated to register the highest CAGR in the market during the forecast period.
Strategic Insights
The players operating in the class D audio amplifiermarket focus on strategies such as mergers, acquisitions, and market initiatives to maintain their positions in the market. A few of the significant market developments by key players are listed below:
• In March 2020, STMicroelectronics introduced FDA901, a new class-D audio amplifier IC. The new product offers high-fidelity car audio systems that are capable of self-diagnostics and other advanced functions to measure real-time speaker current and impedance.
• In May 2019, NXP Semiconductors partnered with Art Spa to develop the most advanced infotainment systems for luxury sports cars. The system provides in-vehicle entertainment features, including smartphone integration that makes them easy and safe to use along with control on multimedia audio and video content.
The class D audio amplifiermarket has been segmented as follows:
By Type
• Mono-Channel
• 2-Channel
• 4-Channel
• 6-Channel
By Product
• Automotive Infotainment Systems
• Smartphones
• Television
• Others
By Industry Vertical
• Automotive
• Consumer Electronics
• Others
By Geography
• North America
o US
o Canada
o Mexico
• Europe
o France
o Germany
o Italy
o UK
o Russia
o Rest of Europe
• Asia Pacific (APAC)
o China
o India
o South Korea
o Japan
o Australia
o Rest of APAC
• Middle East & Africa (MEA)
o South Africa
o Saudi Arabia
o UAE
o Rest of MEA
• South America (SAM)
o Brazil
o Argentina
o Rest of SAM
Class D Audio Amplifier Market – Companies Profiles
• Analog Devices, Inc
• INFINEON TECHNOLOGIES AG
• NXP Semiconductors.
• ON Semiconductor Corporation
• Qualcomm Technologies, Inc.
• STMicroelectronics N.V.
• Silicon Laboratories, Inc.
• Texas Instruments Incorporated
• Maxim Integrated
• ICEpower a/s
This research report represents a 360-degree overview of the competitive landscape of the Global Class D Audio Amplifier Market. Furthermore, it offers massive data relating to the recent trends, technological advancements, tools, and methodologies. The research report analyzes the Global Class D Audio Amplifier Market in a detailed and concise manner for better insights into the businesses.
Finally, the researchers throw light on different ways to discover the strengths, weaknesses, opportunities, and threats affecting the growth of the Global Class D Audio Amplifier Market. The feasibility of the new report is also measured in this research report.
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Table of Contents:
Global Class D Audio Amplifier Market Overview
Economic Impact on Industry
Market Competition by Manufacturers
Production, Revenue (Value) by Region
Production, Revenue (Value), Price Trend by Type
Global Class D Audio Amplifier Market Analysis by Application
Cost Analysis
Industrial Chain, Sourcing Strategy and Downstream Buyers
Marketing Strategy Analysis, Distributors/Traders
Market Effect Factors Analysis
Global Class D Audio Amplifier Market Forecast
Thanks for reading this article; you can also customize this report to get select chapters or region-wise coverage with regions such as Asia, North America, and Europe.
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are committed to provide highest quality research and consulting services to our customers. We help our clients understand the key market trends, identify opportunities, and make informed decisions with our market research offerings at an affordable cost.
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