Global Amplifier Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Type (Power Amplifier, Current Amplifier, Voltage Amplifier), By Class (Class A, Class B, Class C, Class AB, Others), By Application (Consumer Electronics, Automotive, Medical & Healthcare, Telecommunication, Others), And By Geography - Forecasts From 2023 To 2028

The global amplifier market was valued at US$11.007 billion in 2021 and will witness modest growth over the forecast period.

An amplifier is an electronic device that boosts the amplitude or power of an electrical signal. The input signal is typically a low-power signal from a microphone, musical instrument, or other sources, and the amplifier boosts the signal to a level that can drive a loudspeaker or other output device. The different types of amplifiers include power amplifiers, current amplifiers, and voltage amplifiers. These are used in a wide range of applications, including consumer electronics, automotive, medical & healthcare, and telecommunications. The demand for high-quality audio and video equipment, the growing popularity of wireless audio streaming technologies, the increase in quality audio systems in automotive, and the growing demand for energy-efficient amplifiers are expected to drive the demand for amplifiers, thereby propelling the overall market growth.

The increasing consumer electronics production is boosting the amplifier demand.

Amplifiers provide the power necessary to drive speakers and produce high-quality sound, and this drives their demand in consumer electronics due to the increasing need for high-quality audio and video equipment, such as home theatre systems, soundbars, and portable Bluetooth speakers. Amplifiers are also used in a wide range of other consumer electronics, including televisions, gaming consoles, and virtual reality systems, as these devices require high-quality audio and video processing capabilities. The growing popularity of wireless audio streaming technologies, such as Wi-Fi, Bluetooth, and Airplay, coupled with the ever-increasing production and usage of consumer electronics, is also expected to boost the demand for amplifiers. According to the Consumer Technology Association (CTA), in 2021, smart speakers will be among the fastest-growing technologies in the audio market, with sales increasing by 22% in 2020. According to the CTA, home audio sales in the US increased by 17% in 2020, driven by demand for high-quality audio systems and the growing trend towards home entertainment.

The growing automotive production is also accelerating the global amplifier market growth.

The demand for high-quality audio systems in cars is increasing, driven by factors such as the growing popularity of in-car entertainment systems and the desire for the best driving audio experience. Amplifiers are essential to car audio systems, providing the power necessary to drive speakers and produce high-quality sound. The trend towards smaller and more fuel-efficient cars has led to the development of compact and efficient amplifiers that deliver high power output while minimizing energy consumption and heat dissipation. The increase in automotive production, along with the demand for high-quality audio systems in automotive, is propelling the growth of amplifiers. According to the International Organization of Motor Vehicle Manufacturers (OICA), the global production of passenger cars increased from 57.05 million in 2021 to 61.59 million in 2022. This shows that there will be a high need for amplifiers in the future.

The Asia Pacific region is expected to hold a significant market share during the forecast period.

The Asia-Pacific region is expected to hold a significant market share due to the growing demand for high-quality audio systems in consumer applications and an increasing number of people investing in home theatre systems, wireless speakers, and other audio devices. Also, the rising demand for advanced audio technologies in the automotive sector in growing economies like India and China is an additional driving factor. In June 2021, the Chinese government released new guidelines aimed at promoting the development of the country's integrated circuit industry, which includes the production of amplifiers and other electronic components used in consumer electronics. In March 2021, the Indian government launched the Production Linked Incentive Scheme (PLI) for the electronics industry, which includes consumer electronics products such as smartphones, laptops, televisions, and audio devices that require amplifiers. These factors all add to the demand for amplifiers in the Asia-Pacific region.

Market Developments:

• January 2023: Harman Luxury Audio Group launched a new JBL classic series integrated amplifier with a unique combination of retro desi, modern features, es, and acoustic performance.
• July 2022: Sony India launched a new mobile ES car amplifier called "XM-5ES," which has high-quality sounds and can be used for cars.
• March 2022: Pro Audio Technology introduced a new modular amplifier, "MA-4400, MA-4242 ", that can be used by power audio systems.

Global Amplifier Market Scope:

 

Report Metric	Details
Market Size Value in 2021	US$11.007 billion
Growth Rate	CAGR during the forecast period
Base Year	2021
Forecast Period	2023 – 2028
Forecast Unit (Value)	USD Billion
Segments Covered	Type, Class, Application, and Geography
Regions Covered	North America, South America, Europe, Middle East and Africa, Asia Pacific
Companies Covered	Amplifier Technologies Inc., HARMAN (HARMAN International Industries), Marantz, McIntosh Laboratory, Inc. (McIntosh Group), NAD Electronics (Lenbrook Group of Companies), Nordem, Parasound Products Inc., STMicroelectronics, Yamaha Corporation
Customization Scope	Free report customization with purchase

 

Market Segmentation:

• By Type
  • Power Amplifier
  • Current Amplifier
  • Voltage Amplifier
• By Class
  • Class A
  • Class B
  • Class C
  • Class AB
  • Others
• By Application
  • Consumer Electronics
  • Automotive
  • Medical & Healthcare
  • Telecommunication
  • Others
• By Geography
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Others

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1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY  

2.1. Research Data

2.2. Research Process

3. EXECUTIVE SUMMARY

3.1. Research Highlights

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Market Opportunities

4.4. Porter’s Five Force Analysis

4.4.1. Bargaining Power of Suppliers

4.4.2. Bargaining Power of Buyers

4.4.3. Threat of New Entrants

4.4.4. Threat of Substitutes

4.4.5. Competitive Rivalry in the Industry

4.5. Industry Value Chain Analysis

5. GLOBAL AMPLIFIER MARKET BY TYPE

5.1. Introduction

5.2. Power Amplifier

5.3. Current Amplifier

5.4. Voltage Amplifier

6. GLOBAL AMPLIFIER MARKET BY CLASS

6.1. Introduction

6.2. Class A

6.3. Class B

6.4. Class C

6.5. Class AB

6.6. Others

7. GLOBAL AMPLIFIER MARKET BY APPLICATION

7.1. Introduction

7.2. Consumer Electronics

7.3. Automotive

7.4. Medical & Healthcare

7.5. Telecommunication

7.6. Others

8. GLOBAL AMPLIFIER MARKET BY GEOGRAPHY

8.1. Introduction

8.2. North America

8.2.1. USA

8.2.2. Canada

8.2.3. Mexico

8.3. South America

8.3.1.  Brazil

8.3.2. Argentina

8.3.3. Others

8.4. Europe

8.4.1. Germany

8.4.2. UK

8.4.3. France

8.4.4. Spain

8.4.5. Others

8.5. Middle East and Africa

8.5.1. Saudi Arabia

8.5.2. UAE

8.5.3. Others

8.6. Asia Pacific

8.6.1. China

8.6.2. Japan

8.6.3. South Korea

8.6.4. India

8.6.5. Australia

8.6.6. Others

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Emerging Players and Market Lucrativeness

9.3. Mergers, Acquisitions, Agreements, and Collaborations

9.4. Vendor Competitiveness Matrix

10. COMPANY PROFILES

10.1. Amplifier Technologies Inc.

10.2. HARMAN (HARMAN International Industries)

10.3. Marantz

10.4. McIntosh Laboratory, Inc. (McIntosh Group)

10.5. NAD Electronics

10.6. Norden

10.7. Parasound Products Inc.

10.8. STMicroelectronics

10.9. Yamaha Corporation

Amplifier Technologies Inc.

HARMAN (HARMAN International Industries)

Marantz

McIntosh Laboratory, Inc. (McIntosh Group)

NAD Electronics (Lenbrook Group of Companies)

Norden

Parasound Products Inc.

STMicroelectronics

Yamaha Corporation