South America Audio IC and Audio Amplifiers Market Analysis and Opportunities by 2028
Historic Data: 2019-2020 | Base Year: 2021 | Forecast Period: 2022-2028South America 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)
- Report Date : Oct 2021
- Report Code : TIPRE00025350
- Category : Electronics and Semiconductor
- Status : Published
- Available Report Formats :
- No. of Pages : 117
The audio IC and audio amplifiers market in SAM is expected to grow from US$ 713.46 million in 2021 to US$ 1,061.75 million by 2028; it is estimated to grow at a CAGR of 5.8% from 2021 to 2028.
Brazil and Argentina are major economies in SAM. Rapid development of smart infrastructure is the major factor driving the growth of the SAM audio IC and audio amplifiers market. Continuous technological innovations in home audio systems, increasing popularity of high-performance home theaters, and rigorous investments by several governments worldwide in the development of smart cities are among the major factors bolstering the demand for smart electronic products, including audio and video equipment. The governments of several countries have imposed strict regulations for environmental protection. In which Europe has a matured consumer electronic industry, backed by highly developed technology sector and connectivity infrastructure. As a part of their circular economy strategy, which revolves around recirculating products and materials for utilizing them optimally along with minimizing the wastage, the recycling of used electronic products is further fueling the growth of the consumer electronic industry. Moreover, the elevating adoption of smart and wireless infrastructure with a rising demand for high-fidelity (Hi-Fi) audio systems at commercial venues is another factor boosting the demand for audio ICs and amplifiers.
Brazil has the highest number of COVID-19 cases, followed by Ecuador, Chile, Peru, and Argentina. The governments in SAM have taken an array of actions to protect their citizens and contain COVID-19’s spread. It is anticipated that SAM will face lower export revenues, both from the drop in commodity prices and reduction in export volumes, especially to China, Europe, and the US, which are important trade partners. Containment measures in several countries of SAM will reduce economic activity in the manufacturing and service sectors for at least the next quarter. It is expected to rebound once the pandemic is contained. Several countries in SAM have been severely affected by the COVID-19 outbreak. Brazil has had the worst hit in the region, with positive cases continuing to surge daily. The COVID-19 outbreak has weakened the manufacturing volume and trade in Brazil and other countries in SAM, which has had a negative impact on the audio IC and audio amplifier market offerings.
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 SAM audio IC and audio amplifiers market. The SAM audio IC and audio amplifiers market is expected to grow at a good CAGR during the forecast period.
- This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
SAM Audio IC and Audio Amplifiers Market Segmentation
SAM Audio IC and Audio Amplifiers Market – By Audio IC Type
- A/D converter IC
- Processor IC
- Amplifier IC
- D/A converter IC
- Others
SAM Audio IC and Audio Amplifiers Market – By Audio Amplifier Class
- Class A/B
- Class D
- Class G
- Class H
SAM Audio IC and Audio Amplifiers Market, by Country
- Brazil
- Argentina
- Rest of SAM
SAM Audio IC and Audio Amplifiers Market - Companies Mentioned
- Infineon Technologies AG
- Maxim Integrated
- NXP Semiconductors N.V.
- Renesas Electronics Corporation
- STMicroelectronics
- Texas Instruments Incorporated
- Toshiba Corporation
South America Audio IC and Audio Amplifiers Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 713.46 Million |
| Market Size by 2028 | US$ 1,061.75 Million |
| Global CAGR (2021 - 2028) | 5.8% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Audio IC Type
|
| Regions and Countries Covered | South and Central America
|
| Market leaders and key company profiles |
Market Research & Consulting
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
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- Infineon Technologies AG
- Maxim Integrated
- NXP Semiconductors N.V.
- Renesas Electronics Corporation
- STMicroelectronics
- Texas Instruments Incorporated
- Toshiba Corporation
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