Overview and Scope
An amplifier is an electronic device that increases the voltage, current, or power of a signal. Amplifiers are used in all kinds of audio equipment. A mixer is an electronic device that is often used for changing the quality and the levels of audio signals.
Sizing and Forecast
The amplifiers and mixers market size has grown steadily in recent years. It will grow from <b>$1.08 billion in 2023 to $1.12 billion in 2024 at a compound annual growth rate (CAGR) of 3.7%. </b> The growth in the historic period can be attributed to audio recording and production, live sound reinforcement, consumer electronics, broadcasting and radio, professional and commercial av.
The amplifiers and mixers market size is expected to see steady growth in the next few years. It will grow to <b>$1.27 billion in 2028 at a compound annual growth rate (CAGR) of 3.1%. </b> The growth in the forecast period can be attributed to immersive audio and spatial sound, 5g and streaming services, home automation and smart speakers, live streaming and content creation, pro av and conferencing. Major trends in the forecast period include digital signal processing (dsp), networked audio and dante protocol, compact and portable amplifiers, analog warmth and tube emulation, remote control and monitoring.
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Segmentation & Regional Insights
The amplifiers and mixers market covered in this report is segmented –
1) By Channel: Mono Channel, Two Channel, Four Channel, Six Channel, Other Channels
2) By Industry Segmentation: Consumer Audio, Automotive Audio, Computer Audio, Enterprise Audio
3) By Application: Consumer Electronics, Automotive, Media & Entertainment, Others Applications
<b>Asia-Pacific</b> was the largest region in the amplifiers and mixers market in 2023. <b>North America</b> is the second-largest region in the amplifiers and mixers market. The regions covered in the amplifiers and mixers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
The rise in demand for energy-efficient electronic products globally contributes to the growth of the amplifiers market. Energy-efficient products use less energy compared to other products and will enhance the level of energy conservation. Energy-saving power amplifiers are gaining increasing momentum due to their energy-conservative nature, and are highly efficient. These amplifiers are used in the manufacturing of electronic products. The primary demand for energy-efficient products in India is expected to grow to 1,500 million tons by 2030. Therefore, the rise in demand for energy-efficient electronic products is increasing the demand for amplifiers.
Key Industry Players
Major companies operating in the amplifiers and mixers market include <b>STMicroelectronics NV, Texas Instruments Incorporated, NXP Semiconductors Inc., Maxim Integrated Product Inc., Analog Devices In., Toshiba Electronic Devices & Storage Corporation, Infineon Technologies AG, Yamaha Corporation, Qualcomm Incorporated, Renesas Electronics Corporation, Skyworks solutions Inc., Quorvo Inc., Peavy Electronics Corporation, Broadcom Inc., Dialog Semiconductors plc, Integrated Silicon Solutions Inc., Cirrus Logic Inc., ON Semiconductor Corp., Fuji Electric Co. Ltd., ABB Ltd., IXYS Corporation, Outdoor Speaker Depot Inc., Kenwood Corporation, SMSL Audio, Onkyo & Pioneer Corporation, Cambridge Audio Limited, MACOM Technology Solutions Holdings Inc., Bonn Elektronik GmbH, Ophir RF Inc., CML Microsystems plc, Analogic Corporation, ETS-Lindgren Inc., Murata Manufacturing Co. Ltd., TriQuint Semiconductor Inc.</b>
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