Press release
Amplifiers And Mixers Market Report 2024: Strategies And Recent Developments | STMicroelectronics NV, Texas Instruments Incorporated, NXP Semiconductors Inc., Maxim Integrated Product Inc
Amplifiers And Mixers Market Size
The Business Research Company offers in-depth market insights through Amplifiers And Mixers Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The amplifiers market size has grown marginally in recent years. It will grow from $1.05 billion in 2023 to $1.06 billion in 2024 at a compound annual growth rate (CAGR) of 0.7%. The growth in the historic period can be attributed to audio and entertainment industry, telecommunications and networking, consumer electronics, automotive industry, aerospace and defense.
The amplifiers market size is expected to see marginal growth in the next few years. It will grow to $1.11 billion in 2028 at a compound annual growth rate (CAGR) of 1.3%. The growth in the forecast period can be attributed to 5g technology, iot and connectivity, electric vehicles, miniaturization and efficiency, home audio and smart speakers. Major trends in the forecast period include digital amplifiers, 5g and wireless communication, gan and gaas amplifiers, automotive amplifiers, iot and smart devices.
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Market Segmentation:
The main channels of amplifiers and mixers are mono channel, two-channel, four-channel, six-channel, and others. A mono channel is a single channel of audio. When using mono, all audio is routed through a single channel for playback. The amplifiers and mixers market is used for consumer electronics, automotive, media, and entertainment, as well as other applications by industries such as consumer audio, automotive audio, computer audio, and enterprise audio.
Major Driver - Elevated Demand For Energy-Efficient Electronic Products Drives Amplifiers Market Growth
The rise in demand for energy-efficient electronic products globally contributes to the growth of the amplifiers market. Energy-efficient products use less energy compared to other products and will enhance the level of energy conservation. Energy-saving power amplifiers are gaining increasing momentum due to their energy-conservative nature, and are highly efficient. These amplifiers are used in the manufacturing of electronic products. The primary demand for energy-efficient products in India is expected to grow to 1,500 million tons by 2030. Therefore, the rise in demand for energy-efficient electronic products is increasing the demand for amplifiers.
Competitive Landscape:
Major companies operating in the amplifiers and mixers market include STMicroelectronics NV, Texas Instruments Incorporated, NXP Semiconductors Inc., Maxim Integrated Product Inc., Analog Devices In., Toshiba Electronic Devices & Storage Corporation, Infineon Technologies AG, Yamaha Corporation, Qualcomm Incorporated, Renesas Electronics Corporation, Skyworks solutions Inc., Quorvo Inc., Peavy Electronics Corporation, Broadcom Inc., Dialog Semiconductors plc, Integrated Silicon Solutions Inc., Cirrus Logic Inc., ON Semiconductor Corp., Fuji Electric Co. Ltd., ABB Ltd., IXYS Corporation, Outdoor Speaker Depot Inc., Kenwood Corporation, SMSL Audio, Onkyo & Pioneer Corporation, Cambridge Audio Limited, MACOM Technology Solutions Holdings Inc., Bonn Elektronik GmbH, Ophir RF Inc., CML Microsystems plc, Analogic Corporation, ETS-Lindgren Inc., Murata Manufacturing Co. Ltd., TriQuint Semiconductor Inc.
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Top Trend - Smart Power Amplifiers Revolutionize The Amplifier Market
A smart power amplifier (SPA) is a key trend driving the growth of the amplifier market. A smart power amplifier with voltage-tripling is designed to boost audio quality and also increase the efficiency of wireless speakers, watches, phones, and tablets. In June 2023, Bose Professional, a US-based audio equipment company, launched a new series of adaptable power amplifiers called PowerShareX in collaboration with Powersoft. The PowerShareX series includes three models such as PSX1204D, PSX2404D, and PSX4804D, offering 1200, 2400, and 4800 watts of rated power across four channels joined by Dante networking. The PowerShareX amplifiers are designed to integrate with the company's DSPs and loudspeakers as well as the entire ControlSpace ecosystem.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Amplifiers And Mixers Market Characteristics
3. Amplifiers And Mixers Market Trends And Strategies
4. Amplifiers And Mixers Market - Macro Economic Scenario
5. Amplifiers And Mixers Market Size And Growth
…..
27. Amplifiers And Mixers Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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