The North America class D audio amplifier market is expected to grow from US$ 587.92 million in 2021 to US$ 1,066.80 million by 2028; it is estimated to grow at a CAGR of 8.9% from 2021 to 2028.
The growing adoption of class D amplifiers in home audio systems is expected to escalate the market growth.Continuous technological innovations in home audio systems and an increase in demand for high-performance home theaters are propelling the adoption of class D amplifiers in these systems.
The development of gallium nitride (GaN) power transistors has enabled manufacturers to offer high-performance home theater systems, with less cost of production.The GaN transistors have a high conversion rate of energy use, and it is smaller than silicon MOSFETs, which saves board space cost by eliminating the output LC filter section.
Moreover, developments in Wi-Fi and Bluetooth speakers and dedicated speaker docks would encourage consumer spending on audio equipment for enhanced audio quality.Bluetooth facilitates a wireless connection between stereo systems or soundbars and smartphones, as well as other streaming services.
The rising application of wireless or Bluetooth speakers and home audio systems, coupled with its connectivity via online for music and video content, is propelling the demand for Wi-Fi and Bluetooth speakers, and the ongoing trend is positively impacting the North America class D audio amplifier market. Further, the growing demand for smart speakers is another factor propelling the class D audio amplifier demand. Smart speakers allow users to stream audio from a variety of sources with an audio request. With smart speakers gaining popularity, manufacturers are adding audio and voice functionalities such as wireless access points, soundbars, smart thermostats, and smart home hubs to their products. The aforementioned technological developments in audio systems are propelling the demand for audio amplifiers and subsequently fueling the growth of the North America class D audio amplifier market.
In the case of the COVID-19 outbreak, the US reported the highest number of cases in North America.The COVID-19 pandemic has been affecting every business globally since December 2019.
North America is one of the leading regions in terms of the development and adoption of new technologies; this is mainly attributed to favorable government policies that boost innovation and strengthen infrastructure capabilities.Hence, any impact on the growth of the industrial sector hampers the economic growth of the region.
Presently, the US is the world’s worst-affected country due to the COVID-19 outbreak. According to a 2021 report by the World Trade Organization (WTO), North America would account for a significant share (11.4%) of the demand for traded goods due to large fiscal injections in the US, which should also stimulate other economies through the trade channel. This has led to stagnant demand for class D audio amplifiers in the region. The COVID-19 pandemic has presented numerous challenges to the entertainment sector. People are not as consumed as earlier. The imposition of lockdown by various country and state governments has resulted in the slowdown of class D audio amplifier production.
Based on type, the mono-channel segment led the North America class D audio amplifier market in 2020.The mono-channel audio amplifiers are known for high power efficiency that increases battery life and lowers the junction temperature.
Their ability to bring down manufacturing costs by removing the output filter, as well as to save space in an amplifier board, makes them a preferred choice in cell phones, portable electronic devices, smartphones, and portable computers.The mono-channel audio amplifiers process analog inputs with a pulse width modulation technique that lowers output noise.
This type also finds application in loud audio speakers that are used at social places, such as clubs and restaurants. The advantages of mono-channel amplifiers such as high efficiency, better battery life, and less costing are expected to increase its demand, thereby driving the North America class D audio amplifier market.
The overall North America 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 North America class D audio amplifier market.
The process also serves the purpose of obtaining an overview and forecast for the North America 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 North America 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 North America class D audio amplifier market.
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