The global audio power amplifiers IC market is anticipated to grow at a CAGR of 7% from 2022 to 2032, reaching an estimated value of US$ 2,703 Mn, up from US$ 1,374 Mn in 2022.
Audio power amplifier IC has wide range of features to support various application and it also helps to improve system performance. The 8 pin DIP package of low voltage audio power amplifier is widely used for implementing electronics system.
The audio power amplifier IC can be used in several applications such as home automation and consumer electronics products.
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Audio Power Amplifier IC Market: Drivers and Challenges
The major factor driving the demand of audio power amplifier IC is rise in demand of different types of IC packages such as dual-in-line package (DIP). Audio amplifier IC packages has several uses as per the requirement such as specific IC is chosen to improve overall efficiency of the system.
This audio amplifier ICs minimizes the usage of heat sink as these ICs dissipates less amount of power because of this IC’s are adopted widely by several organizations Moreover, high efficiency and improved performance is also turning to be another factor which is responsible driving the growth of audio power amplifier IC market in positive manner.
The major challenges faced by the audio power amplifier IC market is owing to their distortion and cost as per the type of amplifier.
Audio Power Amplifier IC Market: Key Players
Some of the key players of audio power amplifier IC market are: Texas instruments, Future Electronics, EDGEFX.in kits and solutions, AspenCore Inc., Maxim Integrated, Jameco, STMicroelectronics, Analog Devices Inc., On Semiconductor Corp., and NXP semiconductors.
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The Competitive Scenery Of The Audio Power Amplifier IC Market
Manufacturers primarily focus on improved product launches by taking inspiration from market restraints and using them as areas of development. Several mergers and acquisitions amongst the key market players further provides lucrative opportunities.
KEY MARKET PLAYERS OF THE AUDIO POWER AMLIFIER IC MARKET:
- STMicroelectronics – They are a Franco-Italian multinational electronics and semiconductors manufacturer headquartered in Plan-les-Ouates near Geneva, Switzerland. The company resulted from the merger of two government-owned semiconductor companies in 1987: “Thomson Semiconducteurs” of France and “SGS Microelettronica” of Italy.
- Analog Devices Inc. – They are also known simply as Analog, and is an American multinational semiconductor company specializing in data conversion, signal processing and power management technology, headquartered in Wilmington, Massachusetts.
- ON Semiconductor Corp. – Also known as Onsemi, they are an American semiconductor supplier company, based in Phoenix, Arizona and ranked #483 on the 2022 Fortune 500 based on its 2021 sales. Their products include power and signal management, logic, discrete, and custom devices for automotive, communications, computing, consumer, industrial, LED lighting, medical, military/aerospace and power applications.
- NXP Semiconductors N.V. – They are an American-Dutch semiconductor designer and manufacturer with headquarters in Eindhoven, Netherlands. The company employs approximately 29,000 people in more than 30 countries.
- Maxim Integrated – They are a subsidiary of Analog Devices, designs, manufactures, and sells analog and mixed-signal integrated circuits for the automotive, industrial, communications, consumer, and computing markets. Maxim’s product portfolio includes power and battery management ICs, sensors, analog ICs, interface ICs, communications solutions, digital ICs, embedded security, and microcontrollers.
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OTHER MARKET PARTICIPANTS OF THE AUDIO POWER AMPLIFIER IC MARKET:
- Jameco
- Texas Instruments
- Future Electronics
- EDGEFX.in Kits & Solutions
- AspenCore Inc.
- Rohm Co. Ltd.
- Monolithic Power Systems, Inc.
- Intersil Corporation
- Infineon Technologies AG
- Toshiba Corporation
- Cirrus Logic
Some of the recent developments in the audio power amplifier IC market are:
- In January 2020, NXP Semiconductors unveiled the i.MX 8M Plus application processor. The processor combines a dedicated Neural Processing Unit (NPU) for improved machine learning inference at the industrial and IoT edge.
- In July 2020, Analog Devices signed an agreement to acquire Maxim Integrated Products. The acquisition will strengthen the company as an analog semiconductor leader with enhanced breadth and scale around various attractive end markets.
- In July 2020, AMS AG took over OSRAM Licht AG. This acquisition aimed to provide customers with exciting latest products and solutions that drive innovation in optical technologies.
- In October 2020, STMicroelectronics collaborated with Sanken Electric Co. This collaboration aimed to uncover the performance and practical benefits of intelligent power modules (IPM) in high-power and high-voltage equipment designs.
- In January 2021, Infineon released a next-generation analog MEMS microphone. This microphone renders even better results, which is named the XENSIV MEMS microphone IM73A135.
Key Segments Profiled In The Audio Power Amplifier IC Market Survey
By Type:
- Class A
- Class B
- Class C
- Class AB
- Class D
By Application:
- Home Audio System
- Public Address System
- Portable Consumer Products
By Region:
- North America
- Latin America
- Asia Pacific
- MEA
- Europe
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