Interface Integration Issues of Audio Amplifiers in Various Audio Devices

The audio amplifier market size is projected to grow from USD 3.4 billion in 2019 to USD 4.4 billion by 2024, at a CAGR of 5.6% from 2019 to 2024. Major factors driving the growth of the market include rising demand for energy-efficient technologies in portable audio devices, increasing popularity of consumer electronic devices across the globe, growing traction of in-vehicle infotainment systems, and increasing demand for high-quality audio output. interface integration of audio amplifiers with different audio devices and reduced price margins for manufacturers of audio amplifiers are some key factors restraining the growth of the market.

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The home audio systems segment is estimated to account for the largest share of the audio amplifier market in 2019.

The growing use of smartphones to stream music to smart speakers is also fueling the demand for audio amplifiers. The growing demand for portable devices such as smart speakers, soundbars, and headphones used in home audio systems has led to increased use of Class D architecture amplifiers as they dissipate less heat and offer extended battery life. Moreover, these devices also provide extended functionalities for live streaming of music and news, setting alarms, and ordering household supplies.

The audio amplifier market for entertainment is projected to grow at the highest CAGR during the forecast period.

The rising tendency of increased expenditures on global festivals and music concerts is expected to propel the requirement for professional audio equipment that use audio amplifiers. The launch of new models of audio equipment and a significant rise in the popularity of digital equipment are factors driving the demand for professional audio equipment. Increased number of trade shows, motion production and films, exhibitions, music concerts, and sports events is expected to lead to rise in demand for professional audio equipment. This, in turn, is expected to contribute to increased demand for audio amplifiers for the efficient distribution of sound in large venues.

The market in China is projected to grow at a significant rate from 2019 to 2024.

The audio amplifier market in China is projected to grow at a significant rate during the forecast period. China is a global manufacturing hub for the automotive, entertainment, and consumer electronics industries. Considering its growing population and flourishing economy, it is one of the largest markets for consumer electronics such as smart speakers, professional audio systems, smartphones, and television sets. Moreover, China being a global manufacturing hub, holds immense potential for the automotive industry. These factors are expected to augment the growth of the market in China.