Global Amplifiers Market Growth Analysis Forecast 2024 - 2033
19 Apr, 2024
The amplifiers and mixers market has demonstrated consistent growth, climbing steadily from $1.08 billion in 2023 to $1.12 billion in 2024, reflecting a 3.7% CAGR. This growth trajectory is driven by demand from sectors such as audio recording, live sound reinforcement, consumer electronics, broadcasting, and professional and commercial audio-visual applications. Forecasts indicate continued steady growth to $1.27 billion by 2028, with a CAGR of 3.1%, fueled by factors such as the increasing adoption of immersive audio technologies, the rollout of 5G networks, the expansion of home automation solutions, the popularity of live streaming platforms, and the growth of the professional audio-visual industry. Major trends shaping the market include advancements in digital signal processing, the adoption of networked audio solutions, the development of compact amplifier models, the retention of analog warmth in audio production, and the integration of remote control functionalities.
Major Driver In The Amplifiers Market
The amplifiers market experiences growth due to the rising demand for energy-efficient electronic products globally, as energy-efficient amplifiers contribute to energy conservation and are widely utilized in electronic product manufacturing. The demand for energy-efficient products is projected to increase by 1,500 million tons in India by 2030, highlighting a growing emphasis on energy efficiency and fostering demand for amplifiers. This aligns with the global trend towards sustainable and energy-conservative electronic devices, driving the amplifiers market. The market size for amplifiers witnessed substantial growth in 2022, continuing into 2023, with further expansion projected by 2028.
Request A Free Sample Of The Global Amplifiers Market ReportAmplifiers Market Competitive Landscape
STMicroelectronics NV, Texas Instruments Incorporated, NXP Semiconductors Inc., Maxim Integrated Product Inc., Analog Devices In., Toshiba Electronic Devices & Storage Corporation, Infineon Technologies AG, Yamaha Corporation, Qualcomm Incorporated, Renesas Electronics Corporation, Skyworks solutions Inc., Quorvo Inc., Peavy Electronics Corporation, Broadcom Inc., Dialog Semiconductors plc, Integrated Silicon Solutions Inc., Cirrus Logic Inc., ON Semiconductor Corp., Fuji Electric Co. Ltd., ABB Ltd., IXYS Corporation, Outdoor Speaker Depot Inc., Kenwood Corporation, SMSL Audio, Onkyo & Pioneer Corporation, Cambridge Audio Limited, MACOM Technology Solutions Holdings Inc., Bonn Elektronik GmbH, Ophir RF Inc., CML Microsystems plc, Analogic Corporation, ETS-Lindgren Inc., Murata Manufacturing Co. Ltd., TriQuint Semiconductor Inc.
Key Amplifiers Market Trend
The development of smart power amplifiers (SPAs) is a key trend in the amplifier market. These amplifiers are designed to improve audio quality and enhance the efficiency of various devices such as wireless speakers, watches, phones, and tablets. In October 2020, a Taiwan-based provider of consumer electronics and computer integrated circuits introduced the NAU83G10 and NAU83G20 mono smart amplifier devices. These amplifiers incorporate Controlled Sound (KCS) technology and represent a new class of smart amplifier devices. Compared to older linear model-based smart amplifiers, the NAU83G10 and NAU83G20 deliver higher sound quality and maximum output from smaller speakers while offering precise speaker protection and real-time speaker diagnostic data.
Get The Full Global Amplifiers Market ReportAmplifiers Market Segmentation
The amplifiers market covered in this report is segmented –
1) By Type: Voltage Amplifier, Current Amplifier, Power Amplifier
2) By Phase: Inverting Amplifier, Non-Inverting Amplifier
3) By Channel: Mono Channel, Two Channel, Four Channel, Six Channel, Other Channels
4) By Application: Consumer Electronics, Automotive, Media And Entertainment, Other Applications
By Geography: The regions covered in the amplifiers market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions
Asia-Pacific was the largest region in the amplifiers market in 2023. The regions covered in the amplifiers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Amplifiers And Mixers Global Market Report 2024 furnishes information about the global amplifiers and mixersmarket, encompassing details like market size, projections for growth, segmentation across various sectors and regions, and an overview of competitors, including their revenues, profiles, and market shares. Furthermore, the report pinpoints potential opportunities and strategic directions derived from market trends and the strategies adopted by key competitors. The report also offers an assessment of how the COVID-19 pandemic, the Russia-Ukraine conflict, and increasing inflation have affected both global and regional markets, furnishing valuable strategic insights for businesses.