Power Amplifier Market Size Worth USD 53.94 Billion in 2032 | Emergen Research

The global power amplifier market size was USD 28.70 Billion in 2022 and is expected to register a steady revenue CAGR of 6.5% during the forecast period, according to latest analysis by Emergen Research. Increasing consumer preference for consumer electronics including smartphones, smart Television (TVs), smartwatches, tablets, and smart home devices, as well as rapid development of wireless connectivity and technological advancements such as Augmented Reality (AR) and Virtual Reality (VR) are key factors driving market revenue growth. A power amplifier is an electronic device that can increase the power of a signal by varying voltage or current. These amplifiers extract power from supplier source and control the output signal with a larger amplitude. According to Indian Brand Equity Foundation (IBEF), the average volume of consumer electronics sold per person is expected to reach 1.08 pieces globally in 2023, which would have a favorable effect on the demand for power amplifiers owing to their effectiveness in improving signal strength of any transmitting system.

The latest research report is dubbed as the first document encompassing the latest information about the Power Amplifier market that has been gravely affected by the COVID-19 pandemic. The global health crisis poses significant threats to the future growth of the Power Amplifier industry. The report assesses the profound changes in this business setting caused by the outbreak and considers the prominent market aspects that have been severely disrupted by the pandemic. The report thus expounds on the rapidly changing market scenario in this COVID-19 era, which aims to help businesses involved in this sector overcome the pandemic's gripping effects and formulate new growth strategies to boost the COVID-19 preparedness.

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Key Market Competitors Profiled in the Report:

Infineon Technologies AG, Texas Instruments Incorporated, Broadcom, Toshiba Corporation, STMicroelectronics, Analog Devices, Inc., Yamaha Motor Co., Ltd., Qorvo, Inc., NXP Semiconductors, and Fuji Electric Co., Ltd

Some Key Highlights From the Report

• The Radiofrequency (RF) power amplifier segment is expected to account for largest revenue share in the global power amplifier market over the forecast period. The RF power amplifier segment is further sub-segmented into Traveling-Wave Tube Amplifier (TWTA) and Solid State Power Amplifier (SSPA). This is because RF power amplifier amplifies modulated RF signals before these are transmitted over the air using an antenna over long distances. The design of RF power amplifiers support complex modulated signals such as multi-level Quadrature Amplitude Modulation (QAM), Orthogonal Frequency-Division Multiplexing (OFDM), etc. The RF amplifiers are more effective at amplifying weak signals that the receiver detects, while their ability to distinguish the desired signals from a range of incoming signals has enhanced.

• The silicon segment is expected to register steadily fast revenue growth rate in the global power amplifier market during the forecast period. This is due to stringent requirements for RF front-end systems and components, which are imposed by new techniques used in Fourth Generation (4G)/Fifth Generation (5G) and related market variables. The power amplifier is part of RF Front-End Module (FEM) with the largest power consumption. The PA market for mobile devices is now dominated by III-V semiconductor technologies because of their enhanced frequency responsiveness, high breakdown voltage, and short time to market.

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This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2019 and 2032. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Power Amplifier market on the basis of product, application, and region:

Power Amplifier Market Segmentation

• Product Type Outlook (Revenue, USD Billion; 2019-2032)
o Audio Power Amplifier
o RF Power Amplifier
1. Traveling-Wave Tube Amplifier (TWTA)
2. Solid State Power Amplifier (SSPA)

• Technology Outlook (Revenue, USD Billion; 2019-2032)
o Silicon
o Silicon Germanium
o Gallium Arsenide
o Others

• Class Outlook (Revenue, USD Billion; 2019-2032)
o Class A
o Class B
o Class AB
o Class C
o Class D
o Others

Regional Analysis of the Power Amplifier Market:
• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Key Objectives of the Report:

• Analysis and estimation of the Power Amplifier market size and share for the projected period of 2019-2032

• Extensive analysis of the key players of the market by SWOT analysis and Porter's Five Forces analysis to impart a clear understanding of the competitive landscape

• Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Power Amplifier market

• Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments

• Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities

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