Press release
Power Amplifier Market to Witness Growth Acceleration During 2021-2031
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The power amplifier is increasingly being employed in audio systems and smartphones due to the several advantages offered such as high efficiency and durability. Power amplifiers are also widely employed in diverse consumer electronics, ranging from mobile phones, headphone drivers, televisions, microwave ovens and home theatre systems to theatrical and concert reinforcement systems. Moreover, they are also utilized in industrial actuator systems such as DC and servo motors.
Power amplifiers make high power level possible and consequently, increase data transmission rate and usability. Therefore, power amplifiers are essentially used in the transmission and broadcasting of cellular and FM signals. Furthermore, power amplifiers also play a crucial role in satellite communication.
Rise in Demand for Power Amplifiers in Defence and Telecommunication Industry
The global power amplifier market is expected to be driven by a consistent increase in the demand from the consumer electronics industry. Expansion of the industrial sector is estimated to propel industrial automation in the manufacturing industry, which in turn is anticipated to fuel the global power amplifier market.
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Adoption of 4G and upcoming 5G network is a major factor that is estimated to propel the global power amplifier market during the forecast period. However, bulky size and high power consumption are projected to hamper the global power amplifier market during the forecast period.
Industrial automation has witnessed several evolutionary stages, with significant advancement in ideas, design, and technology. A new trend of communication between machines, called machine-to machine (M2M) communication, or, more in general, Internet of things (IoT) has also been witnessed. The industrial vertical is employing mobile and wireless communications to connect machines and equipment together. This is a key factor that is estimated to fuel the global power amplifier market.
North America to Lead Global Power Amplifier Market
In terms of geography, the global power amplifier market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is anticipated to account for a prominent share of the global power amplifier market due to the presence of leading power amplifier manufacturers in the region
Europe is also projected to hold a considerable share of the global power amplifier market, as power amplifiers are being utilized in several applications in military and telecom sectors in the region.
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In terms of revenue, Asia Pacific accounts for a major share of the global power amplifier market. Asia Pacific is a major market for consumer electronics, automobiles, and industrial verticals. The region has become a global focal point for large investments and business expansion opportunities.
Key Players Operating in Global Power Amplifier Market
Infineon Technologies
Texas Instruments
Broadcom
Toshiba
STMicroelectronics
Maxim Integrated
Yamaha Corporation
Qorvo
NXP Semiconductor
Analog Devices
Skyworks
QSC Audio Products
Peavey Electronics
Qualcomm
Bonn Elektronik
Renesas Electronics
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