Audio Power Amplifier IC Market Value to Grow by Almost US$ 2,703 Million in 2032 | Report by FMI
The global audio power amplifiers IC market is anticipated to grow at a CAGR of 7% from 2022 to 2032, reaching an estimated value of US$ 2,703 Mn, up from US$ 1,374 Mn in 2022.
The development of cost-effective, energy-efficient, and small devices for residential and commercial use is credited with driving the growth of the audio power amplifier IC industry. However, technological flaws and problems with audio device integration, together with the demand for audio system on chip (SoC), are significant bottlenecks for the worldwide audio IC market.
Audio power amplifier IC is an electronics amplifier which is adopted by most of the enterprises. This amplifier ICs are used for strengthening low power signal such as inaudible electronics signal to a certain level which is required for driving loudspeaker.
Audio power amplifier IC has wide range of features to support various application and it also helps to improve system performance. The 8 pin DIP package of low voltage audio power amplifier is widely used for implementing electronics system. The audio power amplifier IC can be used in several applications such as home automation and consumer electronics products.
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Audio Power Amplifier IC Market: Drivers and Challenges
The major factor driving the demand of audio power amplifier IC is rise in demand of different types of IC packages such as dual-in-line package (DIP). Audio amplifier IC packages has several uses as per the requirement such as specific IC is chosen to improve overall efficiency of the system.
This audio amplifier ICs minimizes the usage of heat sink as these ICs dissipates less amount of power because of this IC’s are adopted widely by several organizations Moreover, high efficiency and improved performance is also turning to be another factor which is responsible driving the growth of audio power amplifier IC market in positive manner.
The major challenges faced by the audio power amplifier IC market is owing to their distortion and cost as per the type of amplifier.
Audio Power Amplifier IC Market: Key Players
Some of the key players of audio power amplifier IC market are: Texas instruments, Future Electronics, EDGEFX.in kits and solutions, AspenCore Inc., Maxim Integrated, Jameco, STMicroelectronics, Analog Devices Inc., On Semiconductor Corp., and NXP semiconductors.
Audio Power Amplifier IC Market: Regional Overview
On the basis of geography, audio power amplifier IC market can be segmented into seven key regions namely North America, Latin America, Western Europe, Eastern Europe, APEJ, Japan and Middle East & Africa.
Among various regions, the audio power amplifier IC market in APAC is expected to dominate during the forecast period owing to adoption of audio power amplifier IC by several industries for implementing products of automobile and healthcare industry. Asia Pacific region is expected to be followed by North America and Western Europe.
In North America and Europe region, the market of audio power amplifier IC is significantly growing owing to the presence of small and large IC manufacturers present in this region.
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The report covers exhaustive analysis on
- Audio Power Amplifier IC Market Segments
- Audio Power Amplifier IC Market Dynamics
- Historical Actual Market Size, 2012 – 2016
- Audio Power Amplifier IC Market Size & Forecast 2017 To 2027
- Supply & Demand Value Chain
- Audio Power Amplifier IC Market Current Trends/Issues/Challenges
- Competition & Companies involved
- Audio Power Amplifier IC Value Chain
- Audio Power Amplifier IC Market Drivers and Restraints
Key Segments Profiled In The Audio Power Amplifier IC Market Survey
- Class A
- Class B
- Class C
- Class AB
- Class D
- Home Audio System
- Public Address System
- Portable Consumer Products
- North America
- Latin America
- Asia Pacific