Gmi Research's blog : Power Amplifier Market | Size, Growth & Forecast 2029
Power Amplifier Market was valued at USD 24.7 billion in 2021 and is projected to touch USD 44.7 billion in 2029, growing at a CAGR of 7.7% during 2022-2029.
The factors driving the growth of Power Amplifier Market includes growing popularity consumer electronics such as mobile phones, headphones and microwave ovens, commercialization of 5 technology, rising popularity of smart home gadgets and improvements in the living standards. Moreover, expansion of semiconductor industry, rise in the production of electric vehicles, growing adoption of advanced technologies by manufacturers, emerging need to enhance the quality audio signals and increasing demand for high-speed mobile broadband internet services, are some of the additional factors supplementing the Power Amplifier Market share. In addition, the increasing investments by leading players on research and development, rise in the launch of innovative products, growing disposable incomes and rapid urbanization, are further contributing towards the market growth.
However, growth of the Power Amplifier Market is hindered due to rising concerns related to performance of power amplifiers.
The major players operating in the Power Amplifier Market are NXP Semiconductors (Netherlands), Analog Devices (US), Qualcomm (US), Infineon Technologies (Germany), Texas Instruments (US), Broadcom (US), MACOM (US), BONN Elektronik (Germany), Renesas Electronics (Japan), STMicroelectronics (Switzerland), Yamaha (Japan), Qorvo (US), ETL Systems (UK) and Toshiba (Japan), among others.
Based on Class Type, the Class D segment is predicted to grow at a robust CAGR during the forecast period
Class D power amplifier provides enhanced clarity in loud voice and growing demand for low power consumer electronics, are pushing Global Power Amplifier Market.
Based on End users (Application), the Industrial segment is projected to capture the largest market share during the forecast period
Increasing use of wireless communication technologies by manufacturers for producing consumer electronic products, is propelling growth of the segment.
Based on Region, the Asia-Pacific region is anticipated to expand at a remarkable CAGR during the forecast period
Presence of the leading players such as Renesas Electronics (Japan), Toshiba (Japan) and Yamaha (Japan), growing demand for consumer electronics products, rapid urbanization, increasing per capita incomes and high population growth rates, are some of the important factors augmenting the market growth in Asia-Pacific region.
Segmentation By product
- Audio Power Amplifier
- RF Power Amplifier
O Traveling-Wave Tube Amplifier (TWTA)
o Solid State Power Amplifier (SSPA)
- Headphones, speakers
Segmentation By Class
- Class A
- Class B
- Class AB
- Class C
- Class D
- Others (G, H, DG, K)
Segmentation By End users (Application)
- Consumer Electronics (electric guitar, loudspeaker, headphones etc.)
- Industrial (aimed at error-sensitive applications such as test and measurement, medical and industrial data-acquisition systems.)
- Telecommunication (used in T.V. and Radios)
- Automotive (high end automotive amplifiers for cars)
- Military & Defence (communication, airborne applications, jamming radio signals etc.)
- Others (medical devices and traction)
Segmentation by Region
- Asia Pacific
- Rest of APAC
- North America
- United States of America
- United Kingdom
- Rest of Europe
- South Africa
- Saudi Arabia
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