The Class D Audio Amplifier Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Class D Audio Amplifier Global Market Report 2024, The class d audio amplifier market size has grown rapidly in recent years. It will grow from $3.04 billion in 2023 to $3.37 billion in 2024 at a compound annual growth rate (CAGR) of 10.6%. The growth in the historic period can be attributed to traditional analog audio amplification, growth in consumer electronics demand, increased focus on power efficiency, expansion of automotive audio systems, rise in demand for compact audio solutions.
The class d audio amplifier market size is expected to see strong growth in the next few years. It will grow to $4.82 billion in 2028 at a compound annual growth rate (CAGR) of 9.4%. The growth in the forecast period can be attributed to adoption of class d amplifiers in automotive applications, increasing demand for energy-efficient audio solutions, growth of smart home devices, expansion of wireless audio applications, integration of class d amplifiers in portable electronics. Major trends in the forecast period include miniaturization of class d amplifier designs, development of multi-channel audio systems, integration of digital signal processing in class d amplifiers, rise of wireless connectivity features, implementation of advanced thermal management in amplifiers.
Rising demand from the automotive industry is expected to propel the growth of the class D audio amplifier market going forward. The automotive industry is a sector that encompasses numerous organizations and firms involved in the design, development, manufacture, marketing, selling, and maintenance of motor vehicles. Class D audio amplifiers simplify thermal management while reducing the size and cost of high-power car/radio systems and help designers manage in-car energy consumption. For instance, according to the Bureau of Transportation Statistics (BTS), a US-based agency that publishes information on transportation systems, new vehicle sales increased to 11,741 (Thousands of vehicles) in 2021 from 11,041 (Thousands of vehicles) sales in 2020. Therefore, the growing automotive industry is driving the test and measurement equipment market. Therefore, rising demand from the automotive industry drives the Class D audio amplifier market.
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The class d audio amplifier market covered in this report is segmented –
1) By Amplifier Type: Mono-Channel, 2-Channel, 4-Channel, 6-Channel, Other Amplifier Types
2) By Device: Television Sets, Home Audio Systems, Desktops and Laptops, Automotive Infotainment Systems, Other Devices
3) By End-User: Consumer Electronics, Automotive, Telecommunication, Industrial And Retail, Other End-Users
Technological advancements are a key trend gaining popularity in the class D audio amplifier market. Major companies operating in the class D audio amplifier market are adopting new technologies to sustain their position in the market. For instance, in January 2023, GaN Systems, a Canada-based semiconductor manufacturing company, and Axign, a Netherlands-based semiconductor manufacturing company, launched a 1000-watt Class-D GaN audio amplifier. These amplifiers include best-in-class technologies from GaN Systems and Axign that enable unique audio systems with more efficient and powerful audio quality that helps audio designers to overcome several technical difficulties, including heat generation and efficiency in high-power audio amplifiers, with the aid of the 1000W Class-D audio amplifier reference design. GaN audio’s increased efficiency allows for the elimination of heatsinks by designers, leading to low operating temperatures.
The class d audio amplifier market report table of contents includes:
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