GLOBAL CLASS D AUDIO AMPLIFIER MARKET 2022-2028
MARKET OUTLOOK
Triton Market Research’s report states that the global class D audio amplifier market is likely to register growth at a CAGR of 10.56% in the projected phase 2022-2028.
The rising popularity of electronic vehicles is the primary driver of the class D audio amplifier market. In addition, the increased applications of class D audio amplifiers in smartphones are also contributing to the market’s growth.
On the flip side, the market for class D audio amplifiers is highly fragmented, which acts as a major hindrance in the path of growth. Also, the limited use of class D audio amplifiers due to high-frequency noise generation is also affecting the growth negatively. However, the widespread use of audio devices and the rise in the production of vehicles act as some opportunities for growth.
REGIONAL OUTLOOK
The global market for class D audio amplifiers covers North America, the Asia-Pacific, Latin America, Europe, and the Middle East and Africa.
The Asia-Pacific is the biggest market for class D audio amplifiers globally. The tremendous demand for consumer electronics and automobiles in the region is aiding the demand for class D audio amplifiers. Also, there is a large population with increased disposable incomes, which is contributing to the demand. This surge in demand is helping the APAC market to grow and propel further in the years to come.
COMPETITIVE OUTLOOK
The key players assessed in the report on the class D audio amplifier market include Marshall Amplification PLC, NXP Semiconductors NV, Analog Devices, Diodes Incorporated, Pass Laboratories Inc, Bose Corporation, New Acoustic Dimension (NAD) Electronics, ROHM Semiconductors Ltd, Texas Instruments Inc, Anthem Audio Inc, Onsemi Corporation, Cirrus Logic Inc, STMicroelectronics, Silicon Laboratories Inc, and Qualcomm Inc.
Silicon Laboratories Inc is a leading company providing semiconductors and amplifiers to the industry. Silicon Laboratories offers microcontrollers, compute memory, sensors, isolation products, timing devices, as well as mobile and software applications. The company has a large customer base across the globe for microcontrollers and wireless products, timing devices, sensors, broadcast, isolation products, which are the company’s strengths. It has offices in the United States, Italy, Canada, Denmark, France, Hungary, Finland, the United Kingdom, Norway, China, India, Taiwan, and South Korea. Its products are used in a wide range of electronic products and applications in IoT, including industrial automation & control, connected home & security, smart lighting, smart metering, consumer electronics, commercial building automation, asset tracking, and medical instrumentation.
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