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Amplifiers Market Overview, Share, Data And Forecast 2024-2033
Amplifiers Market Overview
As per the report, the amplifiers and mixers market size has grown steadily in recent years. It will grow from $1.08 billion in 2023 to $1.12 billion in 2024 at a compound annual growth rate (CAGR) of 3.7%. The amplifiers and mixers market size is expected to see steady growth in the next few years. It will grow to $1.27 billion in 2028 at a compound annual growth rate (CAGR) of 3.1%.
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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.
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 amplifiers and mixers market covered in this report is segmented -
1) By Channel: Mono Channel, Two Channel, Four Channel, Six Channel, Other Channels
2) By Industry Segmentation: Consumer Audio, Automotive Audio, Computer Audio, Enterprise Audio
3) By Application: Consumer Electronics, Automotive, Media & Entertainment, Others Applications
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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.
Contents of the report:
1. Executive Summary
2. Amplifiers Market Report Structure
3. Amplifiers Market Trends And Strategies
4. Amplifiers Market - Macro Economic Scenario
5. Amplifiers Market Size And Growth
…..
27. Amplifiers Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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