Global Amplifiers Market: Slight Decline Expected in the $1.032 Billion
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LONDON, March 24, 2020 /PRNewswire/ -- The global amplifiers market was worth $1.032 billion in 2019. It is expected to slightly decline at a compound annual growth rate (CAGR) of -0.04% and reach $1.03 billion by 2023. Diminished price margin is expected to limit the growth of the global amplifiers market. Diminished price margin occurs when the difference between the manufacturing cost and price at which a product is sold is low. Due to the highly fragmented industry, the price margin is reduced in the power amplifiers market. For example, increased competition may force a company to reduce its prices to maintain its customer base and market share, which results in diminishing revenues and losses that may occur, while the cost of manufacturing the product remains the same. Therefore, diminished price margin is one of the factors that hinder the growth of the amplifiers market.
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The amplifiers market consists of sales of amplifiers and related services that are used in all kinds of audio equipment. An amplifier is an electronic device that increases the voltage, current, and power of a signal. The amplifiers market covered in this report is segmented by channel into mono channel, two channel, four channel, six channel, and others. It is also segmented by application into consumer electronics, automotive, media & entertainment, and others.
Major Players In The Amplifiers Market And Their Strategies
Major players in the global amplifiers market are STMicroelectronics, Texas Instruments, NXP Semiconductors, Maxim Integrated Product Inc., Analog Devices, Toshiba Electronic Devices & Storage Corporation, Infineon Technologies, Yamaha Corporation, Qualcomm Incorporated, Renesas Electronics, Skyworks solutions, Quorvo, Peavy Electronics Corporation, Broadcom Limited, Dialog Semiconductors, Integrated Silicon Solutions Inc, Cirrus Logic, ON Semiconductor Corp, Fuji Electric Co. Ltd., ABB Ltd., IXYS Corporation, OSD Audio, Voice Booster, Kenwood Corporation, SMSL Audio, Onkyo & Pioneer Corporation, NobSound, Cambridge Audio, Macom, Bonn Elektronik, and ETL System.
Companies in the market have bene investing in mergers and acquisitions to strengthen their businesses. In October 2019, Dialog Semiconductor, a fabless semiconductor company primarily focused on the development of highly-integrated mixed-signal products for consumer electronics, acquired Creative Chips GmbH company for a deal amount of $103 million. This transaction will increase Dialog's sales in the area of power management integrated circuits, configurable mixed-signal, and wireless low power connectivity. Creative Chips, a German based company, is a mid-size semiconductor manufacturer of custom specific integrated circuits for industrial, automotive, and consumer applications.
Drives Of The Global Amplifiers Market
The rise in demand for energy-efficient electronic products globally contributes to the growth of the amplifiers market. Energy-efficient products use less energy compared to other products and will enhance the level of energy conservation. Energy-saving power amplifiers are gaining increasing momentum due to its energy conservative nature, and are high efficiency. These amplifiers are used in the manufacturing of electronic products. The primary demand for energy-efficient products in India increased from 450 million tons in 2000 to 770 million tons in 2012, and is expected to grow 1,500 million tons by 2030. Therefore, the rise in demand for energy-efficient electronic products is increasing the demand for amplifiers.
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Growing Popularity Of Smart Power-Amplifiers
Growing demand for smart power-amplifiers (SPA) is a key trend driving the growth of the amplifiers market. A smart power-amplifier with voltage-tripling is designed to boost the audio quality and also to increase the efficiency of wireless speakers, watches, phones, and tablets. In 2019, ESS Technologies, the industry leader in audio converters and analog design, introduced a smart power-amplifier with revolutionary new amplifier design, based on patented 7-level Class-D amplifier technology. It offers improved efficiency and lower EMI than standard amplifiers. The voltage-tripling can reach 15V from a 5V supply and results in an effective boost-voltage of 13V from a typical phone battery.
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