PUNE, India, September 23, 2016 /PRNewswire/ --
According to the new market research report "Class D Audio Amplifier Market by Type (Mono Channel, 2-Channel, 4-Channel, 6-Channel), Device (Handset, Television, Home Entertainment Systems, Multimedia Sound Case, In-Car Audio), End-User Industry, and Geography - Global Forecast to 2022", published by MarketsandMarkets, the market is expected to be worth USD 2.76 Billion by 2022, growing at a CAGR of 17.4% between 2016 and 2022.
Browse 86 market data Tables and 67 Figures spread through 163 Pages and in-depth TOC on "Class D Audio Amplifier Market".
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The Class D audio amplifier market has a huge potential across consumer electronics and automotive applications in emerging economies such as India and China. The major factor driving the Class D audio amplifier market across the world is the rising demand for consumer electronic devices such as smartphones, in-car audio systems, and smart televisions.
2-channel Class D audio amplifier is expected to witness the highest rate between 2016 and 2022
The market for 2-channel Class D audio amplifier is expected to grow at the highest CAGR between 2016 and 2022. 2-channel amplifiers are used in basic car stereo systems to power left and right front stereo speakers and matching rear speakers. Apart from this, they are also used in home entertainment systems and consumer electronic devices.
Class D audio amplifier market for multimedia sound case would grow at the highest CAGR between 2016 and 2022
The Class D audio amplifier market for the multimedia sound case is expected to grow at the highest rate during the forecast period. The growing need for portable speakers which incorporate Class D audio amplifiers is expected to drive the demand for multimedia sound cases during the forecast period.
APAC leads the Class D audio amplifier market
APAC held the largest market size in the Class D audio amplifier market in 2015. APAC is the fastest-growing region in terms of technological advancement, manufacturing operations, infrastructure, disposable income, healthcare, and others. China and India are among the fastest-growing economies in the world. In APAC, the Class D audio amplifier market is growing as this technology is used not only in consumer electronic products such as smartphones, home entertainment systems, and televisions but also in medical and automotive products.
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The companies that are profiled in the report are STMicroelectronics (Switzerland), Texas Instruments Inc. (U.S.), Analog Devices, Inc. (U.S.), ON Semiconductor Corp. (U.S.), Infineon Technologies AG (Germany), Rohm Co., Ltd. (Japan), NXP Semiconductors N.V. (Netherlands), Monolithic Power Systems, Inc. (U.S.), ICEpower A/S (Denmark), and Silicon Laboratories Inc. (U.S.).
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