MIDDLE EAST AND AFRICA CLASS D AUDIO AMPLIFIER MARKET 2022-2028

MIDDLE EAST AND AFRICA CLASS D AUDIO AMPLIFIER MARKET 2022-2028

MARKET OUTLOOK

Triton Market Research’s report infers that the class D audio amplifier market in the Middle East and Africa is assessed to progress at a compound annual growth rate of 10.57% during the forecast years 2022-2028. Saudi Arabia, Turkey, South Africa, the UAE, and Rest of Middle East & Africa outlines the studied market in the given region.

In the United Arab Emirates, the consumer electronics segment has grown significantly and is expected to witness substantial volume growth by 2025. The number of consumer electronics users is anticipated to reach approximately 4.5 million by 2025. Furthermore, the digital innovation in business models has surged the adoption of consumer electronics to a large extent. The pandemic outbreak surged the adoption rate, with consumers prioritizing their needs by adopting various electronics. This rise in the consumer electronics segment drives the class D audio amplifier market’s growth across the UAE.

On the other hand, Saudi Arabia hosts the largest automotive sales and parts segment in the region. The country imports more than a million vehicles, including passenger and commercial vehicles. Moreover, the nation is a major market for Japanese and Korean automakers. In 2020, the highest sale of cars in the country was led by Toyota, followed by Hyundai. The growing demand for automotive parts and vehicles has resulted in the rising integration of class D audio amplifiers in vehicles. Thus, these factors are expected to widen the scope and growth of the class D audio amplifier market.

COMPETITIVE OUTLOOK

Leading companies in the class D audio amplifier market include Texas Instruments Inc, Analog Devices, Qualcomm Inc, Diodes Incorporated, Bose Corporation, and Anthem Audio Inc.