Europe Audio IC and Audio Amplifiers Market to Grow at a CAGR of 7.1% to reach US$ 4,535.98 million Million from 2021 to 2028

The audio IC and audio amplifiers market in Europe is expected to grow from US$ 2,813.65 million in 2021 to US$ 4,535.98 million by 2028; it is estimated to grow at a CAGR of 7.1% from 2021 to 2028.

France, Germany, Italy, UK, and Russia are major economies in Europe. AI-based smart speakers getting popular is the major factor driving the growth of the Europe audio IC and audio amplifiers market. Smart speakers come with voice command recognition and virtual assistance, enabled with Bluetooth and Wi-Fi connectivity options, which aid hands-free activation and confer interactive abilities such as music playback, voice interaction, day-to-day activity listing, news streaming, and weather forecast. 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 audio IC and audio amplifier market. The AI assistance and connectivity technologies allow users to control other home automation devices via smart speakers. The growing trend of AI-enabled smart speakers is driving the proliferation of the audio IC and audio amplifier market. This trend is attributed to technological advancements in consumer electronics and increasing customer preferences for automated products with advanced features. The AI-enabled smart speakers capture sound waves and convert them into words using the automatic speech recognition (ASR) technology. Further, the verbal data is converted into meaningful sentences using the natural language understanding (NLU) technology. Once the meaning is understood, the smart speakers respond using the natural language generation (NLG) technology.Rise in preference for smart homes with luxurious entertainment systems, escalating demand for smart speakers with display features, and high inclination toward multifunctional devices, all coupled with rising per capita income of populations are among the key factors driving the sales of AI-based smart speakers, which is fueling the Europe audio IC and audio amplifier market growth.

The impact of COVID-19 varied from country to country across the European region, as selected countries witnessed a surge in the number of confirmed cases and subsequently attracted stringent and more extended lockdown periods or social isolation. However, western European countries such as Germany, France, Russia, and the UK have witnessed a comparatively moderate decline in their production activities, owing to robust healthcare infrastructure. The European economy is expected to shrink by 0.1%, with a negative growth rate in the first half of 2020, followed by a mild recovery in the second half of 2020. Countries such as UK, Italy, and Germany are expected to have a bigger impact on the economy. The imbalance in the demand and supply side and the lockdown phase in several European countries will significantly negatively impact the audio IC and audio amplifier market in the first half of the year 2020. The reduced production is hampering the growth of the audio IC and audio amplifier market as there was the shutdown of production plants and labor scarcity.

Moreover, the lockdown phase has drastically affected the supply chain. European countries under lockdowns have suffered financial crises, leading to the shutdown of manufacturing units in this region. However, the market is expected to have a significant growth rate during the forecast period. Thus, the overall impact of COVID-19 on the European region is low to moderate.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe audio IC and audio amplifiers market. The Europe audio IC and audio amplifiers market is expected to grow at a good CAGR during the forecast period.

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Europe Audio IC and Audio Amplifiers Market Segmentation

Europe Audio IC and Audio Amplifiers Market – By Audio IC Type

A/D converter IC
Processor IC
Amplifier IC
D/A converter IC
Others

Europe Audio IC and Audio Amplifiers Market – By Audio Amplifier Class

Class A/B
Class D
Class G
Class H

Europe Audio IC and Audio Amplifiers Market, by Country

France
Germany
Italy
Russia
UK
Rest of Europe

Europe Audio IC and Audio Amplifiers Market - Companies Mentioned

Cirrus Logic, Inc.
IC Audio GmbH
ICEpower A/S
Infineon Technologies AG
Maxim Integrated
NXP Semiconductors N.V.
Renesas Electronics Corporation
Semiconductor Components Industries, LLC
STMicroelectronics
Texas Instruments Incorporated
Toshiba Corporation

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Europe Audio IC and Audio Amplifiers Market Landscape

4.1 Market Overview

4.2 Europe PEST Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinions

5. Europe Audio IC and Audio Amplifiers Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Consumer Electronics Getting Highly Adopted

5.1.2 AI-Based Smart Speakers Getting Popular

5.2 Market Restraints

5.2.1 Interfacing Problems while Combining with of Audio Amplifiers in Various Devices

5.3 Market Opportunities

5.3.1 Steps Being Taken Development of Smart Infrastructure

5.3.2 Surging Penetration of IoT-Based Technologies

5.4 Future Trends

5.4.1 Upcoming of 5G Technology in Audio Devices

5.5 Impact Analysis of Drivers and Restraints

6. Audio IC and Audio Amplifiers Market – Europe Analysis

6.1 Europe Audio IC and Audio Amplifiers Market Overview

6.2 Europe Audio IC and Audio Amplifiers Market Revenue Forecast and Analysis

7. Europe Audio IC and Audio Amplifiers Market Analysis – By Audio IC Type

7.1 Overview

7.2 Europe Audio IC and Audio Amplifiers Market Breakdown, by Audio IC Type, 2020 & 2028

7.3 A/D Convertor IC

7.3.1 Overview

7.3.2 A/D converter Market Revenue and Forecast to 2028 (US$ Million)

7.4 Processor IC

7.4.1 Overview

7.4.2 Processor IC Market Revenue and Forecast to 2028 (US$ Million)

7.5 Amplifier IC

7.5.1 Overview

7.5.2 Amplifier ICs Market Revenue and Forecast to 2028 (US$ Million)

7.6 D/A Convertor IC

7.6.1 Overview

7.6.2 D/A Converter IC Market Revenue and Forecast to 2028 (US$ Million)

7.7 Others

7.7.1 Overview

7.7.2 Others IC Market Revenue and Forecast to 2027 (US$ Million)

8. Europe Audio IC and Audio Amplifiers Market Analysis– By Audio Amplifier Class

8.1 Overview

8.2 Europe Audio IC and Audio Amplifiers Market Breakdown, By Audio Amplifier Class, 2020 & 2028

8.3 Class A/B

8.3.1 Overview

8.3.2 Class A/B Market Forecast and Analysis

8.4 Class D

8.4.1 Overview

8.4.2 Class D Market Revenue and Forecast to 2028 (US$ Million)

8.5 Class G

8.5.1 Overview

8.5.2 Class G Market Revenue and Forecast to 2028 (US$ Million)

8.6 Class H

8.6.1 Overview

8.6.2 Class H Market Revenue and Forecast to 2028 (US$ Million)

9. Europe Audio IC and audio amplifiers Market – Country Analysis

9.1 Overview

9.1.1 Europe: Audio IC and audio amplifiers Market, By Country

9.1.1.1 Germany: Audio IC and Audio Amplifiers Market – Revenue and Forecast to 2027 (US$ Million)

9.1.1.1.1 Germany: Audio IC and Audio Amplifiers Market, By Audio IC Type

9.1.1.1.2 Germany: Audio IC and Audio Amplifiers Market, By Audio Amplifier Class

9.1.1.2 France: Audio IC and Audio Amplifiers Market – Revenue and Forecast to 2027 (US$ Million)

9.1.1.2.1 France: Audio IC and Audio Amplifiers Market, By Audio IC Type

9.1.1.2.2 France: Audio IC and Audio Amplifiers Market, By Audio Amplifier Class

9.1.1.3 Italy: Audio IC and Audio Amplifiers Market – Revenue and Forecast to 2027 (US$ Million)

9.1.1.3.1 Italy: Audio IC and Audio Amplifiers Market, By Audio IC Type

9.1.1.3.2 Italy: Audio IC and Audio Amplifiers Market, By Audio Amplifier Class

9.1.1.4 UK: Audio IC and Audio Amplifiers Market – Revenue and Forecast to 2027 (US$ Million)

9.1.1.4.1 UK: Audio IC and Audio Amplifiers Market, By Audio IC Type

9.1.1.4.2 UK: Audio IC and Audio Amplifiers Market, By Audio Amplifier Class

9.1.1.5 Russia: Audio IC and Audio Amplifiers Market – Revenue and Forecast to 2027 (US$ Million)

9.1.1.5.1 Russia: Audio IC and Audio Amplifiers Market, By Audio IC Type

9.1.1.5.2 Russia: Audio IC and Audio Amplifiers Market, By Audio Amplifier Class

9.1.1.6 Rest of Europe: Audio IC and Audio Amplifiers Market – Revenue and Forecast to 2027 (US$ Million)

9.1.1.6.1 Rest of Europe: Audio IC and Audio Amplifiers Market, By Audio IC Type

9.1.1.6.2 Rest of Europe: Audio IC and Audio Amplifiers Market, By Audio Amplifier Class

10. Europe Audio IC and audio amplifiers Market - COVID-19 Impact Analysis

10.1 Europe: Impact Assessment of COVID-19 Pandemic

11. Audio IC and Audio Amplifier Market-Industry Landscape

11.1 Overview

11.2 Market Initiative

11.3 Merger and Acquisition

11.4 New Product Launch

12. Company Profiles

12.1 Maxim Integrated

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 INFINEON TECHNOLOGIES AG

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 NXP Semiconductors.

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 Cirrus Logic, Inc.

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 ICEpower a/s

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

12.6 Renesas Electronics Corporation

12.6.1 Key Facts

12.6.2 Business Description

12.6.3 Products and Services

12.6.4 Financial Overview

12.6.5 SWOT Analysis

12.6.6 Key Developments

12.7 Semiconductor Components Industries, LLC (On Semiconductor)

12.7.1 Key Facts

12.7.2 Business Description

12.7.3 Products and Services

12.7.4 Financial Overview

12.7.5 SWOT Analysis

12.7.6 Key Developments

12.8 STMicroelectronics N.V.

12.8.1 Key Facts

12.8.2 Business Description

12.8.3 Products and Services

12.8.4 Financial Overview

12.8.5 SWOT Analysis

12.8.6 Key Developments

12.9 Texas Instruments Incorporated

12.9.1 Key Facts

12.9.2 Business Description

12.9.3 Products and Services

12.9.4 Financial Overview

12.9.5 SWOT Analysis

12.9.6 Key Developments

12.10 Toshiba Corporation

12.10.1 Key Facts

12.10.2 Business Description

12.10.3 Products and Services

12.10.4 Financial Overview

12.10.5 SWOT Analysis

12.10.6 Key Developments

12.11 ESS Technology, Inc.

12.11.1 Key Facts

12.11.2 Business Description

12.11.3 Products and Services

12.11.4 Financial Overview

12.11.5 SWOT Analysis

12.11.6 Key Developments

13. Appendix

13.1 About The Insight Partners

13.2 Word Index

LIST OF TABLES

Table 1. Europe Audio IC and Audio Amplifiers Market Revenue and Forecast to 2028 (US$ Million)

Table 2. Europe Audio IC and Audio Amplifiers Market, By Country – Revenue and Forecast to 2027 (US$ Million)

Table 3. Germany Audio IC and Audio Amplifiers Market, By Audio IC Type– Revenue and Forecast to 2027 (US$ Million)

Table 4. Germany Audio IC and Audio Amplifiers Market, By Audio Amplifier Class – Revenue and Forecast to 2027 (US$ Million)

Table 5. France Audio IC and Audio Amplifiers Market, By Audio IC Type– Revenue and Forecast to 2027 (US$ Million)

Table 6. France Audio IC and Audio Amplifiers Market, By Audio Amplifier Class – Revenue and Forecast to 2027 (US$ Million)

Table 7. Italy Audio IC and Audio Amplifiers Market, By Audio IC Type– Revenue and Forecast to 2027 (US$ Million)

Table 8. Italy Audio IC and Audio Amplifiers Market, By Audio Amplifier Class – Revenue and Forecast to 2027 (US$ Million)

Table 9. UK Audio IC and Audio Amplifiers Market, By Audio IC Type– Revenue and Forecast to 2027 (US$ Million)

Table 10. UK Audio IC and Audio Amplifiers Market, By Audio Amplifier Class– Revenue and Forecast to 2027 (US$ Million)

Table 11. Russia Audio IC and Audio Amplifiers Market, By Audio IC Type– Revenue and Forecast to 2027 (US$ Million)

Table 12. Russia Audio IC and Audio Amplifiers Market, By Audio Amplifier Class – Revenue and Forecast to 2027 (US$ Million)

Table 13. Rest of Europe Audio IC and Audio Amplifiers Market, By Audio IC Type– Revenue and Forecast to 2027 (US$ Million)

Table 14. Rest of Europe Audio IC and Audio Amplifiers Market, By Audio Amplifier Class – Revenue and Forecast to 2027 (US$ Million)

Table 15. List of Abbreviation

LIST OF FIGURES

Figure 1. Europe Audio IC and Audio Amplifiers Market Segmentation

Figure 2. Europe Audio IC and Audio Amplifiers Market Segmentation – By Country

Figure 3. Europe Audio IC and Audio Amplifiers Market Overview

Figure 4. Europe Audio IC and Audio Amplifiers Market, by Audio IC Type

Figure 5. Europe Audio IC and Audio Amplifiers Market, by Audio Amplifiers Class

Figure 6. Europe Audio IC and Audio Amplifiers Market, By Country

Figure 7. Europe PEST Analysis

Figure 8. Europe Audio IC and Audio Amplifiers Market- Ecosystem Analysis

Figure 9. Europe Audio IC and Audio Amplifiers Market Impact Analysis of Drivers and Restraints

Figure 10. Europe Audio IC and Audio Amplifiers Market Revenue Forecast and Analysis (US$ Million)

Figure 11. Europe Audio IC and Audio Amplifiers Market Breakdown, by Audio IC Type (2020 and 2028)

Figure 12. Europe A/D Converter Market Revenue and Forecast to 20287(US$ Million)

Figure 13. Europe Processor IC Market Revenue and Forecast to 2028(US$ Million)

Figure 14. Europe Amplifier ICs Market Revenue and Forecast to 2028(US$ Million)

Figure 15. Europe D/A Converter IC Market Revenue and Forecast to 2028(US$ Million)

Figure 16. Europe Others IC Market Revenue and Forecast to 2028(US$ Million)

Figure 17. Europe Audio IC and Audio Amplifiers Market Breakdown, By Audio Amplifier Class, 2020 & 2028 (%)

Figure 18. Europe Class A/B Market Revenue and Forecast to 2028 (US$ Mn)

Figure 19. Europe Class D Market Revenue and Forecast to 2028(US$ Million)

Figure 20. Europe Class G Market Revenue and Forecast to 2028 (US$ Million)

Figure 21. Europe Class H Market Revenue and Forecast to 2028(US$ Million)

Figure 22. Europe: Audio IC and Audio Amplifiers Market, by Key Country– Revenue (2020) (US$ Million)

Figure 23. Europe: Audio IC and Audio Amplifiers Market Revenue Share, By Country (2020 and 2028)

Figure 24. Germany: Audio IC and Audio Amplifiers Market – Revenue and Forecast to 2027 (US$ Million)

Figure 25. France: Audio IC and Audio Amplifiers Market – Revenue and Forecast to 2027 (US$ Million)

Figure 26. Italy: Audio IC and Audio Amplifiers Market – Revenue and Forecast to 2027 (US$ Million)

Figure 27. UK: Audio IC and Audio Amplifiers Market – Revenue and Forecast to 2027 (US$ Million)

Figure 28. Russia: Audio IC and Audio Amplifiers Market – Revenue and Forecast to 2027 (US$ Million)

Figure 29. Rest of Europe: Audio IC and Audio Amplifiers Market – Revenue and Forecast to 2027 (US$ Million)

Figure 30. Impact of COVID-19 Pandemic in Europe Country Markets

Cirrus Logic, Inc.
IC Audio GmbH
ICEpower A/S
Infineon Technologies AG
Maxim Integrated
NXP Semiconductors N.V.
Renesas Electronics Corporation
Semiconductor Components Industries, LLC
STMicroelectronics
Texas Instruments Incorporated
Toshiba Corporation

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe audio IC and audio amplifiers market
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the Europe audio IC and audio amplifiers market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the audio IC and audio amplifiers market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

Report Code

TIPRE00025341

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Europe Audio IC and Audio Amplifiers Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Audio IC Type (A/D Converter IC, Processor IC, Amplifier IC, D/A Converter IC, and Others) and Audio Amplifier Class (Class A/B, Class D, Class G, and Class H)