Asia Pacific Class D Audio Amplifier Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type, Product, and Industry

Asia Pacific Class D Audio Amplifier Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type, Product, and Industry

  • August 2021 •
  • 142 pages •
  • Report ID: 6134221 •
  • Format: PDF
The APAC class D audio amplifier market is expected to grow from US$ 1,009.19 million in 2021 to US$ 1,983.38 million by 2028; it is estimated to grow at a CAGR of 10.1% from 2021 to 2028.

The rising trend of AI-enabled smart speakers is expected to escalate the market in the coming years.The growing trend of AI-enabled smart speakers can be attributed to technological advancements in consumer electronics and changes in customer preferences for automation and advanced features in products.

Smart speakers rely on a set of complex artificial intelligence (AI) technology; they catch sound waves and convert them into words using the automatic speech recognition (ASR) feature.Further, they convert the verbal data into meaning using natural language understanding (NLU).

Once the meaning is understood, the smart speaker responds using the natural language generation (NLG) technology.The AI-enabled smart speakers are expected to deliver simple operational functions with a smooth and high-quality audio experience.

The growing trend of AI-enabled smart speakers is likely to be a significant trend for the proliferation of the APAC class D audio amplifier market in the coming years.

In the case of COVID-19, India reported the highest number of cases in APAC.Rapidly growing urbanization and industrialization in these countries are presenting ample growth opportunities to the class D audio amplifier market players.

However, the COVID-19 outbreak has brought the entire manufacturing sector to a halt by causing major supply chain disruptions.The trade war between the US and China has had a negative effect on the trade of raw materials as well as on the demand for class D audio amplifiers.

The COVID-19 pandemic has taken a toll on the consumer electronics industry.Hypermarkets, supermarkets, and showrooms of major brands have been shuttered around the world, impacting consumer electronics sales.

Nonetheless, many businesses in APAC have adopted remote working to continue their operations amid lockdown scenarios. The practice of working from home (WFH) has triggered the demand for computers, laptops, and peripherals. Sales of headphones and Bluetooth earphones have increased, as these devices are necessary to attend webinars and online meetings more effectively. The need for distant connectivity has resulted in a multifold growth in sales of networking devices and connection hardware solutions. The supply chain for consumer electronics is largely based in China, as prominent consumer electronics device OEMs, as well as component OEMs, have production facilities in the country. However, the shutdown of manufacturing facilities in China in the first half of 2020 significantly affected the consumer electronics ecosystem. However, the impact on the supply side of the market is currently minimal due to the reopening of manufacturing in China. With the shift in consumer spending on non-essential items, sales of products such as television sets, air conditioners, and refrigerators have decreased significantly.

Based on industry, the consumer electronics segment led the APAC class D audio amplifier market in 2020.The consumer electronics segment comprises television, home audio systems, portable audio devices, smartphones, computers, and tablets, among others.

The projected growth of the market for this segment in the coming years can be attributed to the rising demand for consumer electronics in the region, mainly due to the increasing disposable income and elevating standards of living.Class D audio amplifiers are among the most preferred audio amplifiers in consumer electronics, owing to their stereo output power with no external heat sink requirement, which reduces component counts and total system cost and space requirements, thereby lowering the total manufacturing costs.

The growing demand for consumer electronics is expected to escalate the need for class D audio amplifiers, thereby driving the APAC class D audio amplifier market.

The overall APAC class D audio amplifier market size has been derived using both primary and secondary sources.To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the APAC class D audio amplifier market.

The process also serves the purpose of obtaining an overview and forecast for the APAC class D audio amplifier market with respect to all the segments pertaining to the region.Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic.

The participants who typically take part in such a process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the APAC class D audio amplifier market. Analog Devices, Inc; ICEpower a/s; INFINEON TECHNOLOGIES AG; Maxim Integrated; NXP Semiconductors N.V.; ON Semiconductor Corporation; Qualcomm Technologies, Inc.; Silicon Laboratories, Inc.; STMicroelectronics N.V.; and Texas Instruments Incorporated are among the key players operating in the APAC class D audio amplifier market.
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