The audio amplifier market is projected to grow from USD 3.4 billion in 2019 to USD 4.4 billion by 2024, at a CAGR of 5.6% from 2019 to 2024. Based on channel type, the market has been segmented into mono channel, two channel, four channel, six channel, and others. Based on device, the audio amplifier market has been segmented into smartphones, television sets, tablets, desktops & laptops, home audio systems, automotive infotainment systems, and professional audio systems. Based on end-user industry, it has been segmented into consumer electronics, automotive, and entertainment. The audio amplifier market has been studied for four main regions: North America, Europe, Asia Pacific, and the Rest of the World (RoW).
Key players operating in the audio amplifier market are STMicroelectronics (Netherlands), Texas Instruments (US), NXP Semiconductors (Netherlands), Maxim Integrated Product Inc. (US), Analog Devices (US), Cirrus Logic (US), Toshiba Electronic Devices & Storage Corporation (Japan), Infineon Technologies (Germany), ON Semiconductor Corp. (US), Qualcomm Incorporated (US), ROHM Semiconductor (Japan), Monolithic Power Systems Inc. (US), Silicon Laboratories Inc. (US), ICEPower A/S (Denmark), Nuvoton (Taiwan), Tempo Semiconductor (US), Renesas Electronics (Japan), Dialog Semiconductors (UK), Integrated Silicon Solutions Inc. (US), and Dioo Microcircuits (China).
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STMicroelectronics (Netherlands) has a broad portfolio of audio amplifiers including linear and Class D audio amplifiers. In June 2018, the company launched digital input audio amplifiers – FDA803D and FDA903D with automotive diagnostics. These amplifiers simplify integration and maximize the reliability of telematics and emergency e-call equipment and acoustic vehicle alerting systems (AVAS) in hybrid/electric vehicles. They also enhance the performance of high-end infotainment systems. The key strategy of STMicroelectronics is to balance the proportion of its overall sales with its sales in the US due to the fluctuating exchange rates. It also focuses on achieving technological excellence through R&D activities. The company is receiving funds from the Government of France under the Nano–2017 agreement. The digital range of audio amplifiers and Class D amplifiers launched by STMicroelectronics reflect its focus on expanding its product portfolio by developing audio amplifiers that have noise immunity, high energy efficiency, and configurability.
Texas Instruments (US) offers a range of audio amplifiers used in speakers, headphones, and audio operational amplifiers. The company is one of the pioneers in the audio amplifier market. It has adopted product launches as a key business strategy to expand its customer base and increase its revenue. For instance, in June 2018, Texas Instruments launched three digital-input Class D audio amplifiers that enable engineers to deliver high-quality audio for smart home and voice-enabled applications. These amplifiers are designed for personal electronic devices such as smart speakers, soundbars, television sets, notebooks, and projectors with any power level.
Audio Amplifier Market by Channel Type (Mono, Two, Four, Six), Device (Smartphones, Television Sets, Desktops & Laptops, Home Audio Systems, Professional Audio Systems, Automotive Infotainment Systems), End-user Industry, Region - Global Forecast to 2024
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