The report "Power Amplifier Market by Product (Audio Power Amplifier, Radio Power Amplifier), Class (Class AB, Class C, Class D), Technology, Vertical (Consumer Electronics, Industrial, Telecommunication, Automotive) and Region - Global Forecast to 2023", The power amplifier market is expected to grow from USD 21.4 billion in 2018 to USD 30.6 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 7.4% during the forecast period. Major factors driving the power amplifier market include the increasing use of the LTE technology and the need for high-quality audio.
Browse 70 market data Tables and 40 Figures spread through 134 Pages and in-depth TOC on "Power Amplifier Market - Global Forecast to 2023"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/power-amplifier-market-42813281.html
The RF power amplifier segment is expected to grow at the highest CAGR in the global power amplifier market during the forecast period
The power amplifier market has been segmented on the basis of product into 2 categories: audio power amplifier and RF power amplifier. These power amplifiers are used to amplify different types of signals. Among these types, RF power amplifier is the fastest growing segment in the overall power amplifier market. It is used for various functions in the communication chain to provide a gain to the signal before further transmission. The growing traction of connected devices is expected to be the key factor for significant growth of RF power amplifier market.
Consumer electronics vertical is expected to continue hold the largest share in the global power amplifier market during the forecast period
Among all verticals, consumer electronics held the largest share in 2018 and is expected to be the leading segment over the forecast period. This is attributed to the huge adoption of consumer electronics devices such as wearable devices, smartphones, gaming consoles, TV sets, VR HMDs, wireless speakers and soundbars and headphones and headsets. Developments in LTE is also expected to drive the growth of the power amplifier market in consumer electronics vertical.
Asia Pacific is expected to hold the largest share of the power amplifier market during the forecast period
Asia Pacific is expected to account for the largest share in 2018. This is attributed to the presence of key electronics manufacturers such as Samsung, Hitachi, Nissan, Panasonic, and Honda. China, Japan, South Korea, and India offer some of the prolific electronics manufacturers in APAC. There has been a paradigm shift of users from 3G to 4G technology in this region. The markets in Asia are encouraging the development of 5G mobile technologies, with commercial deployments planned in South Korea in 2019, and Japan and China in 2020.
Key players in the power amplifier ecosystem include Infineon Technologies (Germany), Texas Instruments (US), Broadcom (US), Toshiba (Japan), STMicroelectronics (Switzerland), Maxim Integrated (US), Yamaha (Japan), Qorvo (US), NXP Semiconductors (Netherlands), Analog Devices (US), Skyworks Solutions (US), QSC Audio Products (US), Peavey Electronics (US), Qualcomm (US), MACOM (US), BONN Elektronik (Germany), Renesas Electronics (Japan), ETL Systems (UK), and OPHIR RF (US).
Don’t miss out on business opportunities in Power Amplifier Market. Speak to our analyst and gain crucial industry insights that will help your business grow.
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Mr. Shelly Singh
630 Dundee Road
Northbrook, IL 60062
USA : 1-888-600-6441