Audio ICs and Audio Amplifiers Market: Key Insights

According to our latest industry study, “Audio ICs and Audio Amplifiers Market Forecast to 2028 – Impact of COVID-19 and Global Analysis by Audio IC Type (A/D Converter IC, Processor IC, Amplifier IC, D/A Converter IC, Other) and Audio Amplifier Class (Class A /B, Class D, Class G, Class H)”, the industry is projected to grow from US$13,424.5 million in 2021 to US$22,525.7 million in 2028; It is estimated to grow at a CAGR of 7.7% from 2021 to 2028.

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The growing preference for a connected world and the need for miniaturization are driving advances in the audio IC and audio amplifier industry. An amplifier serves to increase the vibration of signals to the maximum extent without affecting the frequency or wavelength, further improving the efficiency of the audio system. In addition, strict government regulations on environmental protection and the increasing adoption of energy-efficient technologies, among other new trends, would support the miniaturization of electronic devices. Technological development and the high disposable income of the working population should also contribute to the growth of the industry. Therefore, the increasing trend of miniaturization would boost the demand for networked devices for application-based processors and subsystems, with the demand for hi-fi audio in commercial events, on-board media entertainment systems, and the development of VR technology driving the growth of audio- IC and audio amplifier industry.

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