The audio IC and audio amplifiers market in APAC is expected to grow from US$ 5,557.07 million in 2021 to US$ 9,893.63 million by 2028; it is estimated to grow at a CAGR of 8.6% from 2021 to 2028.
Australia, China, India, Japan, and South Korea are major economies in APAC. Widespread adoption of IoT-based technologies is the major factor driving the growth of the APAC audio IC and audio amplifiers market. The emergence of voice control and voice user interfaces (VUI) has made audio processing critical for the success of a wide range of building automation and household applications. IoT-based amplifiers are the next step in pro audio systems that are capable of remote controlling and monitoring, saving/loading speaker tunings and system presets, and so on. The demand for integrated power audio amplifier for application-based processors and subsystems has increased significantly due to the prominent trend of miniaturization. Due to continuous developments in connected devices and IoT technology, there is a rise in the integration of audio ICs in various industrial applications. Thus, the growing penetration of IoT and rising popularity of electric vehicle provide significant opportunities for the future growth of the audio amplifier market players. As automotive giants are continuously eyeballing the electric vehicle manufacturing, as an attractive segment for expanding their clientele, the sales of electric cars reached 2.1 million in 2019 worldwide, with a 40% year-on-year increase. With the rising electric vehicle production, the demand for in-vehicle infotainment systems is also on rise. In addition to China, which is known for large adoption of electric vehicles, other Asian countries are also generating high demands for these vehicles. As the infotainment systems includes audio amplifier components, the ongoing demand for electric vehicles is expected to propel the growth of audio IC and audio amplifier market during the forecast period.
The APAC region is heavily affected by the COVID-19 outbreak. China has recorded a massive number of cases. The country is the most crucial manufacturer and industrial producer since it trades more manufacturing goods than any other country worldwide; it is also a world leader in several types of goods. According to the Organization for Economic Co-operation and Development (OECD), the other major economies, such as South Korea, India, Australia, and Japan, have also been impacted by the pandemic and are experiencing downward growth.Since the COVID-19 outbreak, several countries have suffered heavily. China, Japan, South Korea, India, Hong Kong, and Taiwan are some of the countries that have incurred a huge loss. The manufacturing sectors in the countries mentioned above have been experiencing low production and a weak supply chain. Additionally, the labor shortage has affected the manufacturing industry in these countries. Also, the pandemic has taken a toll on the consumer electronics industry in APAC as all hypermarkets, supermarkets, and showrooms of major brands have been shuttered around the world, impacting consumer electronics sales. On the contrary, due to the work-from-home scenario, sales of headphones and Bluetooth earphones have increased, as these devices are necessary to attend webinars and online meetings more effectively, which will help regain market growth in this region. Hence, the overall impact of COVID-19 on the APAC 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 APAC audio IC and audio amplifiers market. The APAC audio IC and audio amplifiers market is expected to grow at a good CAGR during the forecast period.
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APAC Audio IC and Audio Amplifiers Market Segmentation
APAC Audio IC and Audio Amplifiers Market – By Audio IC Type
- A/D converter IC
- Processor IC
- Amplifier IC
- D/A converter IC
- Others
APAC Audio IC and Audio Amplifiers Market – By Audio Amplifier Class
- Class A/B
- Class D
- Class G
- Class H
APAC Audio IC and Audio Amplifiers Market, by Country
- Australia
- China
- India
- Japan
- South Korea
- Rest of APAC
APAC 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
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
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. APAC Audio IC and Audio Amplifiers Market Landscape
4.1 Market Overview
4.2 APAC PEST Analysis
4.2.1 APAC – PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. APAC Audio IC and Audio Amplifiers Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Demand of Consumer Electronics
5.1.2 AI-Based Smart Speakers Gaining Acceptance
5.2 Market Restraints
5.2.1 Interconnection Issues with Audio Amplifier Integration in Various Devices
5.3 Market Opportunities
5.3.1 Growth of Smart Infrastructure Being Stressed Upon
5.3.2 Widespread Adoption of IoT-Based Technologies
5.4 Future Trends
5.4.1 Audio Devices Enhanced with 5G Technology
5.5 Impact Analysis of Drivers and Restraints
6. Audio IC and Audio Amplifiers Market – APAC Analysis
6.1 APAC Audio IC and Audio Amplifiers Market Overview
6.2 APAC Audio IC and Audio Amplifiers Market Revenue Forecast and Analysis
7. APAC Audio IC and Audio Amplifiers Market Analysis – By Audio IC Type
7.1 Overview
7.2 APAC 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. APAC Audio IC and Audio Amplifiers Market Analysis– By Audio Amplifier Class
8.1 Overview
8.2 APAC 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. APAC Audio IC and audio amplifiers Market – Country Analysis
9.1 Overview
9.1.1 APAC: Audio IC and audio amplifiers Market, By Country
9.1.1.1 Australia: Audio IC and Audio Amplifiers Market – Revenue and Forecast to 2027 (US$ Million)
9.1.1.1.1 Australia: Audio IC and Audio Amplifiers Market, By Audio IC Type
9.1.1.1.2 Australia: Audio IC and Audio Amplifiers Market, By Audio Amplifier Class
9.1.1.2 China: Audio IC and Audio Amplifiers Market – Revenue and Forecast to 2027 (US$ Million)
9.1.1.2.1 China: Audio IC and Audio Amplifiers Market, By Audio IC Type
9.1.1.2.2 China: Audio IC and Audio Amplifiers Market, By Audio Amplifier Class
9.1.1.3 India: Audio IC and Audio Amplifiers Market – Revenue and Forecast to 2027 (US$ Million)
9.1.1.3.1 India: Audio IC and Audio Amplifiers Market, By Audio IC Type
9.1.1.3.2 India: Audio IC and Audio Amplifiers Market, By Audio Amplifier Class
9.1.1.4 Japan: Audio IC and Audio Amplifiers Market – Revenue and Forecast to 2027 (US$ Million)
9.1.1.4.1 Japan: Audio IC and Audio Amplifiers Market, By Audio IC Type
9.1.1.4.2 Japan: Audio IC and Audio Amplifiers Market, By Audio Amplifier Class
9.1.1.5 South Korea: Audio IC and Audio Amplifiers Market – Revenue and Forecast to 2027 (US$ Million)
9.1.1.5.1 South Korea: Audio IC and Audio Amplifiers Market, By Audio IC Type
9.1.1.5.2 South Korea: Audio IC and Audio Amplifiers Market, By Audio Amplifier Class
9.1.1.6 Rest of APAC: Audio IC and Audio Amplifiers Market – Revenue and Forecast to 2027 (US$ Million)
9.1.1.6.1 Rest of APAC: Audio IC and Audio Amplifiers Market, By Audio IC Type
9.1.1.6.2 Rest of APAC: Audio IC and Audio Amplifiers Market, By Audio Amplifier Class
10. APAC Audio IC and audio amplifiers Market - COVID-19 Impact Analysis
10.1 APAC: 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. APAC Audio IC and Audio Amplifiers Market Revenue and Forecast to 2028 (US$ Million)
Table 2. APAC Audio IC and Audio Amplifiers Market, By Country – Revenue and Forecast to 2027 (US$ Million)
Table 3. Australia Audio IC and Audio Amplifiers Market, By Audio IC Type– Revenue and Forecast to 2027 (US$ Million)
Table 4. Australia Audio IC and Audio Amplifiers Market, By Audio Amplifier Class – Revenue and Forecast to 2027 (US$ Million)
Table 5. China Audio IC and Audio Amplifiers Market, By Audio IC Type– Revenue and Forecast to 2027 (US$ Million)
Table 6. China Audio IC and Audio Amplifiers Market, By Audio Amplifier Class – Revenue and Forecast to 2027 (US$ Million)
Table 7. India Audio IC and Audio Amplifiers Market, By Audio IC Type– Revenue and Forecast to 2027 (US$ Million)
Table 8. India Audio IC and Audio Amplifiers Market, By Audio Amplifier Class – Revenue and Forecast to 2027 (US$ Million)
Table 9. Japan Audio IC and Audio Amplifiers Market, By Audio IC Type– Revenue and Forecast to 2027 (US$ Million)
Table 10. Japan Audio IC and Audio Amplifiers Market, By Audio Amplifier Class– Revenue and Forecast to 2027 (US$ Million)
Table 11. South Korea Audio IC and Audio Amplifiers Market, By Audio IC Type– Revenue and Forecast to 2027 (US$ Million)
Table 12. South Korea Audio IC and Audio Amplifiers Market, By Audio Amplifier Class – Revenue and Forecast to 2027 (US$ Million)
Table 13. Rest of APAC Audio IC and Audio Amplifiers Market, By Audio IC Type– Revenue and Forecast to 2027 (US$ Million)
Table 14. Rest of APAC 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. APAC Audio IC and Audio Amplifiers Market Segmentation
Figure 2. APAC Audio IC and Audio Amplifiers Market Segmentation – By Country
Figure 3. APAC Audio IC and Audio Amplifiers Market Overview
Figure 4. APAC Audio IC and Audio Amplifiers Market, by Audio IC Type
Figure 5. APAC Audio IC and Audio Amplifiers Market, by Audio Amplifiers Class
Figure 6. APAC Audio IC and Audio Amplifiers Market, By Country
Figure 7. APAC Audio IC and Audio Amplifiers Market- Ecosystem Analysis
Figure 8. APAC Audio IC and Audio Amplifiers Market Impact Analysis of Drivers and Restraints
Figure 9. APAC Audio IC and Audio Amplifiers Market Revenue Forecast and Analysis (US$ Million)
Figure 10. APAC Audio IC and Audio Amplifiers Market Breakdown, by Audio IC Type (2020 and 2028)
Figure 11. APAC A/D Converter Market Revenue and Forecast to 20287(US$ Million)
Figure 12. APAC Processor IC Market Revenue and Forecast to 2028(US$ Million)
Figure 13. APAC Amplifier ICs Market Revenue and Forecast to 2028(US$ Million)
Figure 14. APAC D/A Converter IC Market Revenue and Forecast to 2028(US$ Million)
Figure 15. APAC Others IC Market Revenue and Forecast to 2028(US$ Million)
Figure 16. APAC Audio IC and Audio Amplifiers Market Breakdown, By Audio Amplifier Class, 2020 & 2028 (%)
Figure 17. APAC Class A/B Market Revenue and Forecast to 2028 (US$ Mn)
Figure 18. APAC Class D Market Revenue and Forecast to 2028(US$ Million)
Figure 19. APAC Class G Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. APAC Class H Market Revenue and Forecast to 2028(US$ Million)
Figure 21. APAC: Audio IC and Audio Amplifiers Market, BY Key Country – Revenue (2020) (US$ Million)
Figure 22. APAC: Audio IC and Audio Amplifiers Market Revenue Share, By Country (2020 and 2028)
Figure 23. Australia: Audio IC and Audio Amplifiers Market – Revenue and Forecast to 2027 (US$ Million)
Figure 24. China: Audio IC and Audio Amplifiers Market – Revenue and Forecast to 2027 (US$ Million)
Figure 25. India: Audio IC and Audio Amplifiers Market – Revenue and Forecast to 2027 (US$ Million)
Figure 26. Japan: Audio IC and Audio Amplifiers Market – Revenue and Forecast to 2027 (US$ Million)
Figure 27. South Korea: Audio IC and Audio Amplifiers Market – Revenue and Forecast to 2027 (US$ Million)
Figure 28. Rest of APAC: Audio IC and Audio Amplifiers Market – Revenue and Forecast to 2027 (US$ Million)
Figure 29. Impact of COVID-19 Pandemic in APAC 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
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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