DUBLIN–(BUSINESS WIRE)–The “Class D Audio Amplifier Market by Device (Smartphones, Television Sets, Home Audio Systems, & Automotive Infotainment Systems), Amplifier Type (Mono-Channel, 2-Channel, 4-Channel, 6-Channel), End-user Industry, & Geography – Global Forecast to 2024” report has been added to ResearchAndMarkets.com’s offering.
The class D audio amplifier market is expected to grow from USD 2.3 billion in 2019 to USD 3.6 billion by 2024
The growth of this market can be attributed to the increasing demand for consumer electronics and smart home devices, increasing traction toward in-vehicle infotainment systems in automobiles, and a rise in demand for energy-efficient technologies or components in portable and compact devices. However, a reduced price margin due to highly fragmented market environments is restraining market growth.
Home audio systems to register the highest CAGR in the overall market during the forecast period
Large adoption of class D audio amplifiers in home audio systems can be attributed to the continuous technological innovations in these systems and increasing consumer demand for high-performance home theaters, which is associated with their rising disposable income. In addition, developments in Wi-Fi and Bluetooth speakers, and dedicated speaker docks are expected to increase consumer spending on audio equipment for enhanced audio quality.
2-channel audio amplifiers to hold the largest size of class D audio amplifier market throughout the forecast period
2-channel class D audio amplifiers basically comprise 2 mono-channel amplifiers in a single unit that can operate 2 channels separately. A preference for bridgeable 2-channel amplifiers is attributed to their ability to provide higher audio quality with less susceptibility to damages in a bridged state.
The use of 2-channel amplifiers in the automotive and consumer electronics sectors, in devices such as in-car audio systems, and television and home audio systems, respectively, has led to the growth of this market. A few of the manufacturers of 2-channel class D audio amplifiers are Infineon Technologies AG (Germany), ICEpower A/S (Denmark), Texas Instruments (US), and Cirrus Logic (US).
Class D audio amplifier market in RoW expected to grow at highest CAGR during the forecast period
The growing adoption of consumer electronics such as television sets, smart speakers, and smart home devices in South America, Israel, and the UAE; and the continuous developments pertaining to class D audio amplifiers by the companies in the Middle East and Africa are likely to drive the growth of this market in RoW. Moreover, rising investments in the automotive sector in Brazil, Israel, the Middle East, and North Africa is a key factor driving the growth of the market for the automotive industry in this region.
Texas Instruments (US), Qualcomm (US), STMicroelectronics (Switzerland), Cirrus Logic (US), Analog Devices (US), NXP Semiconductors (Netherlands), Infineon Technologies (Germany) Maxim Integrated (US), Silicon Labs (US), ON Semiconductor (US), and ROHM Semiconductor (Japan) are a few key players in the class D audio amplifier market.
Market Dynamics
Drivers
- Increasing Demand for Consumer Electronics
- Growing Need for Good-Quality Audio
- Rise in Demand for Energy-Efficient Technologies or Components in Portable and Compact Devices
- Increasing Traction Toward In-Vehicle Infotainment Systems in Automobiles
Restraints
- Reduced Price Margin Due to Highly Fragmented Market
- Complexities Involved in Integration of Class D Amplifiers With Audio Devices
Opportunities
- Growing Penetration of IoT
- Escalating Popularity of In-Vehicle Infotainment Systems
Challenges
- Optimization of Design and Complexity While Maintaining High Efficiency
- High Cost of Integrating an LC Filter
Companies Mentioned
- Analog Devices
- Cirrus Logic
- Dialog Semiconductor
- Dioo Microcircuits
- Icepower A/S
- Infineon Technologies
- Integrated Silicon Solution Inc.
- Maxim Integrated
- Monolithic Power Systems
- Nuvoton Technology
- NXP Semiconductor
- ON Semiconductor
- Qualcomm
- Renesas Electronics
- ROHM Semiconductor
- Silicon Labs
- STMicroelectronics
- Tempo Semiconductor
- Texas Instruments
For more information about this report visit https://www.researchandmarkets.com/r/qiy0ng
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Related Topics: Audio Equipment
