Dublin, Aug. 12, 2021 (GLOBE NEWSWIRE) -- The "Class D Audio Amplifier Market Forecast to 2028 - COVID-19 Impact and Global Analysis by Type, Product, and Industry Vertical" report has been added to ResearchAndMarkets.com's offering.
According to this report the market was valued at US$ 2,437.96 million in 2021 to US$ 4,515.74 million by 2028; it is estimated to grow at a CAGR of 9.2% from 2021 to 2028.
Continuous technological innovations in home audio systems and increasing demand for high-performance home theaters are propelling the adoption of class D amplifiers in these systems. The development of gallium nitride (GaN) power transistors has enabled manufacturers to offer high-performance home theater systems, with less cost of production. The GaN transistors exhibit a high conversion rate of energy use and they are smaller than silicon MOSFETs, which saves board space cost by eliminating the output LC filter section. Moreover, developments in the Wi-Fi and Bluetooth speakers, and dedicated speaker docks would encourage consumer spending on audio equipment for enhanced audio quality. Bluetooth facilitates wireless connection between stereo systems or soundbars and smartphones, as well as other streaming services. The rising application of wireless or Bluetooth speakers and home audio systems, coupled with their advanced connectivity features such as online connectivity for music and video content, is bolstering the demand for Wi-Fi and Bluetooth speakers, which is fueling the class D audio amplifier market. Further, growing demand for smart speakers is another factor propelling the class D audio amplifier sales. Smart speakers allow users to stream audio from a variety of sources with an audio request. With the increasing popularity of these speakers, manufacturers are adding audio and voice functionalities such as wireless access points, soundbars, smart thermostats, and smart home hubs to their products. The aforementioned technological developments in audio systems are propelling the demand for audio amplifiers.
The growing trend of AI-enabled smart speakers is emerging as a significant trend driving the proliferation of the class D audio amplifier market. This growth in the trend can be attributed to technological advancements in consumer electronics and increasing customer preferences for automation and advanced features in products. Smart speakers rely on a set of complex artificial intelligence (AI) technology, and they catch sound waves and convert them into words using automatic speech recognition (ASR) feature. Further, the verbal data is converted into meaningful sentences using the natural language understanding (NLU) technology. Once the meaning is understood, the smart speakers respond using the natural language generation (NLG) technology. The AI-enabled smart speakers are expected to deliver simple operational functions with smooth and high-quality audio experience.
The class D audio amplifier market is segmented on the bases of type, product, industry vertical, and geography. Based on type, the market is segmented into up to mono-channel, 2-channel, 4-channel, and 6-channel. In 2020, the mono-channel segment accounted for the largest market share. In terms of product, the class D audio amplifier market is segmented into automotive infotainment systems, smartphones, television, and others. In 2020, the control rooms and monitoring segment accounted for the largest share in the market. In terms of industry vertical, the class D audio amplifier market is segmented into automotive, consumer electronics, and others. Based on geography, the global fine pixel pitch LED displays market is broadly segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM). In 2020, APAC held a significant market share.
Key Findings of the Study:
Significant strategic initiatives by several class D audio amplifier market players are contributing significantly to the performance of the market. In March 2021, STMicroelectronics developed HFDA801A, a 2MHz switching pulse-width modulation (PWM) class D amplifier that ensures hi-definition (HD) quality sound under any load condition, with noiseless turn-on/turn-off features, without creating any output artifacts.
The class D audio amplifier market growth in APAC is attributed to the presence of various consumer electronics manufactures, automobile manufacturers, and entertainment industry in the region, which generate huge demand for these amplifiers. Furthermore, escalating use of consumer electronics such as television sets and smartphones; elevating disposable income levels, triggering the adoption of smart and advanced devices; and presence of local and key class D audio amplifier providers are also boosting the growth of the market in the region. China holds the largest share in the APAC class D amplifier market owing to the high production capabilities and low labor costs.
Reasons to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global class D audio amplifier market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the global automated waste collection system market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.
Key Topics Covered:
1. Introduction
2. Key Takeaways
3. Research Methodology
4. Class D Audio Amplifier Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 APAC
4.2.4 MEA
4.2.5 SAM
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. Class D audio amplifier Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Escalated Passenger Car Sales in Developing Countries Due to Elevating Disposable Incomes and Standards of Living
5.1.2 Rising Adoption of Class D Amplifiers in Home Audio Systems
5.2 Market Restraints
5.2.1 Low Price Margin Due to Highly Fragmented Market
5.3 Opportunities
5.3.1 Surging Demand for Electric Vehicles
5.4 Future Trends
5.4.1 Growing Trend of AI-Enabled Smart Speakers
5.5 Impact Analysis of Drivers and Restraints
6. Class D audio amplifier - Global Market Analysis
6.1 Global Class D audio amplifier Market Overview
6.2 Global Class D audio amplifier Market Revenue Forecast and Analysis
6.3 Market Positioning - Five Key Players
7. Global Class D Audio Amplifier Market - By Type
7.1 Overview
7.2 Mono Channel
7.2.1 Global Mono Channel Market Revenue and Forecasts to 2028 (US$ Million)
7.3 2-Channel
7.3.1 Global 2-Channel Market Revenue and Forecasts to 2028 (US$ Million)
7.4 4-Channel
7.4.1 Global 4-Channel Market Revenue and Forecasts to 2028 (US$ Million)
7.5 6-Channel
7.5.1 Global 6-Channel Market Revenue and Forecasts to 2028 (US$ Million)
8. Global Class D Audio Amplifier Market - By Product
8.1 Overview
8.2 Automotive Infotainment Systems
8.2.1 Global Automotive Infotainment Systems Market Revenue and Forecasts to 2028 (US$ Million)
8.3 Smartphones
8.3.1 Global Smartphones Market Revenue and Forecasts to 2028 (US$ Million)
8.4 Television
8.4.1 Global Television Market Revenue and Forecasts to 2028 (US$ Million)
8.5 Others
8.5.1 Global Others Market Revenue and Forecasts to 2028 (US$ Million)
9. Global Class D audio amplifier Market Analysis - By Industry
9.1 Overview
9.2 Global Class D audio amplifier Market Breakdown, By Industry, 2020 & 2028
9.3 Automotive
9.3.1 Overview
9.3.2 Automotive Market Revenue and Forecasts to 2028 (US$ Million)
9.4 Consumer Electronics
9.4.1 Overview
9.4.2 Consumer Electronics Cooling Market Revenue and Forecasts to 2028 (US$ Million)
9.5 Others
9.5.1 Overview
9.5.2 Others Market Revenue and Forecasts to 2028 (US$ Million)
10. Class D audio amplifier Market - Geographic Analysis
11. Class D audio amplifier Market - COVID-19 Impact Analysis
11.1 Overview
11.2 North America: Impact Assessment of COVID-19 Pandemic
11.3 Europe: Impact Assessment of COVID-19 Pandemic
11.4 Asia Pacific: Impact Assessment of COVID-19 Pandemic
11.5 Middle East & Africa: Impact Assessment of COVID-19 Pandemic
11.6 South America Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
13. Company Profiles
13.1 Analog Devices, Inc
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 INFINEON TECHNOLOGIES AG
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 NXP Semiconductors.
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 ON Semiconductor Corporation
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Qualcomm Technologies, Inc.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 STMicroelectronics N.V.
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Silicon Laboratories, Inc.
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Texas Instruments Incorporated
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Maxim Integrated
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 ICEpower a/s
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About the Publisher
14.2 Word Index
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