Class D Audio Amplifier Market is expected to reach US$ 4,515.74 million by 2028

Surging Demand for Electric Vehicles to Provide Growth Opportunities for Class D Audio Amplifier Market during 2021–2028

According to our latest market study on “Class D Audio Amplifier Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Type, Product, and Industry Vertical,” the market was valued at US$ 2,437.96 million in 2021 to US$ 4,515.74 million by 2028; it is estimated to grow at a CAGR of 9.2% from 2021 to 2028.

The global automotive sector has experienced the emergence of several new carmakers over the years. The automotive giants are continuously targeting the electric vehicle manufacturing as an attractive segment for expanding their clientele. Major players catalyzing the global electric vehicle market growth include Tesla, BMW, Nissan, Ford, and Volkswagen, among others. As per International Energy Agency, the sales of electric cars reached 2.1 million in 2019 worldwide, with a 40% year-on-year increase. With the increasing electric vehicle production, the demand for in-vehicle infotainment systems is also on rise. In addition to the US and China, which are known for the large adoption of electric vehicles, European countries such as Germany, Sweden, and France as well as Asian countries such as India, Japan, and South Korea are also generating high demands for these vehicles. As the vehicle infotainment systems include audio amplifier components, the high demand for electric vehicles is expected to propel the growth of class D audio amplifier market during the forecast period.

The class D audio amplifier market is segmented on the bases of type, product, industry vertical, and geography. Based on type, the market is segmented into up to mono-channel, 2-channel, 4-channel, and 6-channel. In 2020, the mono-channel segment accounted for the largest market share. In terms of product, the class D audio amplifier market is segmented into automotive infotainment systems, smartphones, television, and others. In 2020, the control rooms and monitoring segment accounted for the largest market share. On the basis of industry vertical, the class D audio amplifier market is segmented into automotive, consumer electronics, and others. In terms of geography, the global class D audio amplifier market is broadly segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM). In 2020, APAC accounted for a significant share of the global market.

Impact of COVID-19 Pandemic on Class D Audio Amplifier Market

According to the latest report from the World Health Organization (WHO), the US, Spain, India, Italy, France, Germany, the UK, Russia, Turkey, Brazil, Iran, and China are among the worst-affected countries due to the COVID-19 pandemic. In 2020, the world economy suffered significant consequences of the pandemic due to disruptions in the electronics & semiconductors, and manufacturing industries, among others. A sharp decline in the growth of mentioned industries is limiting the class D audio amplifier market growth. Factory shutdowns, travel and trade bans, and border lockdowns to combat and contain the infection have impacted manufacturing, supply, and sales of various audio products.

Manufacturers of class D audio amplifiers are focusing on lowering operating costs to stay competitive in the market. They are expected to resume production activities in the post-lockdown phase. Government initiatives to boost economies and relaxations amid lockdown impositions are expected to fuel demand for class D audio amplifiers in the coming years. Moreover, high adoption of new technologies in the automotive and consumer electronics industries would further bolster the demand for class D audio amplifiers.

The key players profiled in the report include Analog Devices, INC.; ICEPOWER A/S; INFINEON TECHNOLOGIES AG; Maxim Integrated, INC; ON SEMICONDUCTOR CORPORATION; QUALCOMM Technologies, INC.; STMICROELECTRONICS; Silicon Laboratories INC.; and Texas INSTRUMENTS Incorporated.

Class D Audio Amplifier Market — by Region (2020, %)

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Class D Audio Amplifier Market to Grow at a CAGR of 9.2% to reach US$ 4,515.74 million from 2021 to 2028

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Class D Audio Amplifier Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Mono-Channel, 2-Channel, 4-Channel, and 6-Channel), Product (Automotive Infotainment Systems, Smartphones, Television, and Others), and Industry Vertical (Automotive, Consumer Electronics, and Others)

The report segments the global class D audio amplifier market as follows:

By Type

• Mono-Channel
• 2-Channel
• 4-Channel
• 6-Channel

By Product

• Automotive Infotainment Systems
• Smartphones
• Television
•  Others

By Industry Vertical

• Automotive
• Consumer Electronics
• Others

By Geography

• North America
  • US
  • Canada
  • Mexico
• Europe
  • France
  • Germany
  • Italy
  • UK
  • Russia
  • Rest of Europe
• Asia Pacific (APAC)
  • China
  • India
  • South Korea
  • Japan
  • Australia
  • Rest of APAC
• Middle East & Africa (MEA)
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of MEA
• South America (SAM)
  • Brazil
  • Argentina
  • Rest of SAM