According to a research report by Stratview Research, the Digital Audio Amplifiers Market is Type (Class D Amplifier, Class T Amplifier, Other), Application (Car Audio, Home Theater, Mini Audio Systems, Other), and Region - COVID-19 Impact Analysis and Forecast to 2026.
According to the report, the growth of the digital audio amplifiers market is primarily driven by widespread product use in applications including home theatre, car audio, and mini audio systems. Digital amplifiers offer superior advantages over traditional analog-based circuits such as high efficiency, noise immunity, and configurability. Growing demand for smart consumer electronics is likely to drive the growth of the digital audio amplifiers market at a significant rate during the review period. In addition to this, the rising demand for technologically advanced digital audio amplifiers is likely to create lucrative opportunities for the players operating in the global market in the coming years.
By application, the digital audio amplifiers market has been bifurcated into car audio, home theatre, mini audio systems, and others. Under these, the mini audio systems segment accounted for the largest market share in 2020 and is projected to register significant growth during the review period. This can be attributed to increasing consumer spending on consumer electronics.
By region, the market in Asia-Pacific accounted for the largest market share in 2020 and is projected to grow at a significant CAGR during the assessment period. The regional growth can be attributed to the presence of a strong electrical and electronics industry in the developing countries particularly China and India coupled with growing digitalization and rising per capita disposable income. The market growth in the North American region is expected to be driven by high demand for technologically advanced amplifiers.
Leading Players Covered in the Digital Audio Amplifiers Market Report:
The following are the key players in the Digital Audio Amplifiers Market -
- Notifier (US)
- STMicroelectronics (Switzerland)
- Powersoft (Italy)
- Sharp Corporation (Japan)
- Micro Bridge (US)
- Texas Instruments Incorporated (US)
- Analog Devices, Inc. (US)
- Maxim Integrated (US)
- Qualcomm (US)
- ON Semiconductor (US)
- ROHM Semiconductor (Japan).
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