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Automotive Audio Amplifier Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2021-2025

  • Published: Nov 2021
  • Pages: 120
  • SKU: IRTNTR40671
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The automotive audio amplifier market share is expected to increase by USD 651.56 million from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 3.70%.

This automotive audio amplifier market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers automotive audio amplifier market segmentation by application (passenger cars and commercial vehicles) and geography (APAC, Europe, North America, South America, and MEA). The automotive audio amplifier market report also offers information on several market vendors, including Analog Devices Inc., Cirrus Logic Inc., Infineon Technologies AG, Maxim Integrated Products Inc., NXP Semiconductors NV, Renesas Electronics Corp., Semiconductor Components Industries, LLC, STMicroelectronics NV., Texas Instruments Inc., and Toshiba Electronic Devices & Storage Corp. among others.

What will the Automotive Audio Amplifier Market Size be During the Forecast Period?

Automotive Audio Amplifier Market Size

Download the Free Report Sample to Unlock the Automotive Audio Amplifier Market Size for the Forecast Period and Other Important Statistics

 

Automotive Audio Amplifier Market: Key Drivers and Trends

Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The growing demand for differentiated in-car experiences is notably driving the automotive audio amplifier market growth, although factors such as advanced audio systems increasing the complexities of their operation may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the automotive audio amplifier industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Automotive Audio Amplifier Market Driver

The growing demand for differentiated in-car experiences will be a significant factor driving the growth of the automotive audio amplifier market. The global automotive industry is witnessing high competition due to advances in automotive technology, increasing penetration of automotive electronics, more accessible car ownership models, the emergence of technology firms, and improving economic conditions. To sustain in this highly competitive environment, automotive manufacturers are offering differentiated features in their products by incorporating advanced automotive technologies in mass segment vehicles, which were earlier limited to luxury vehicles only. Premium and luxury features, such as automotive infotainment systems and premium audio systems, are finding increasing penetration in entry-level and mid-size vehicle segments. As audio amplifiers are essential components of premium audio systems, with increasing demand for differentiated in-car experiences, the need for automotive audio amplifiers will also grow.

Key Automotive Audio Amplifier Market Trend

The growing popularity of class D audio amplifiers, which is one of the critical automotive audio amplifier market trends, will positively influence the growth of the market during the forecast period. Although the class AB audio amplifier provides high output power with less distortion, it also consumes more power and requires heat sinks and ventilation for heat dissipation. Class D audio amplifiers have emerged as an ideal choice for automotive audio system manufacturers looking for high-performance and cost-effective audio amplifier solutions. Class D amplifiers have high efficiency, low heat production, and can be packed in compact sizes. With a growing demand for additional features and subsystems in automotive infotainment systems and increasing space constraints for automotive audio amplifiers, the demand for class D audio amplifiers will also grow.

This automotive audio amplifier market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Who are the Major Automotive Audio Amplifier Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • Analog Devices Inc.
  • Cirrus Logic Inc.
  • Infineon Technologies AG
  • Maxim Integrated Products Inc.
  • NXP Semiconductors NV
  • Renesas Electronics Corp.
  • Semiconductor Components Industries, LLC
  • STMicroelectronics NV.
  • Texas Instruments Inc.
  • Toshiba Electronic Devices & Storage Corp.

 

This statistical study of the automotive audio amplifier market encompasses successful business strategies deployed by the key vendors. The automotive audio amplifier market is fragmented and the vendors are deploying growth strategies such as developing high-performance audio amplifiers for customers to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The automotive audio amplifier market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Automotive Audio Amplifier Market?

Automotive Audio Amplifier Market Market segmentation by region

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66% of the market's growth will originate from APAC during the forecast period. China, Japan, and South Korea (Republic of Korea) are the key markets for automotive audio amplifiers in APAC. Market growth in this region will be faster than the growth of the market in Europe and North America.

The shift in consumer preference from mileage to aesthetics and advanced features will facilitate the automotive audio amplifier market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Application Segments in the Automotive Audio Amplifier Market?

Automotive Audio Amplifier Market Segmentation

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The automotive audio amplifier market share growth by the passenger cars segment will be significant during the forecast period. The passenger cars segment dominates the global automotive audio amplifier market owing to the standardization of audio systems in passenger cars. In addition, the high-volume sale of passenger cars across the globe is driving the growth of the segment.

This report provides an accurate prediction of the contribution of all the segments to the growth of the automotive audio amplifier market size and actionable market insights on post COVID-19 impact on each segment.

 

Automotive Audio Amplifier Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 3.70%

Market growth 2021-2025

$ 651.56 million

Market structure

Fragmented

YoY growth (%)

3.54

Regional analysis

APAC, Europe, North America, South America, and MEA

Performing market contribution

APAC at 66%

Key consumer countries

China, US, Germany, Japan, and South Korea (Republic of Korea)

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Analog Devices Inc., Cirrus Logic Inc., Infineon Technologies AG, Maxim Integrated Products Inc., NXP Semiconductors NV, Renesas Electronics Corp., Semiconductor Components Industries, LLC, STMicroelectronics NV., Texas Instruments Inc., and Toshiba Electronic Devices & Storage Corp.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

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What are the Key Data Covered in this Automotive Audio Amplifier Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive automotive audio amplifier market growth during the next five years
  • Precise estimation of the automotive audio amplifier market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the automotive audio amplifier industry across APAC, Europe, North America, South America, and MEA
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of automotive audio amplifier market vendors

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Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Application

  • Market segments
  • Comparison by Application
  • Passenger cars - Market size and forecast 2020-2025
  • Commercial vehicles - Market size and forecast 2020-2025
  • Market opportunity by Application

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2020-2025
  • Europe - Market size and forecast 2020-2025
  • North America - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • MEA - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Analog Devices Inc.
  • Cirrus Logic Inc.
  • Infineon Technologies AG
  • Maxim Integrated Products Inc.
  • NXP Semiconductors NV
  • Renesas Electronics Corp.
  • STMicroelectronics NV.
  • Texas Instruments Inc.
  • Toshiba Electronic Devices & Storage Corp.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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Automotive Audio Amplifier market growth will increase by $651.56 million during 2020-2025.
The automotive audio amplifier market is expected to grow at a CAGR of 3.70% during 2020-2025.
Technavio has segmented the automotive audio amplifier market by application (Passenger cars and Commercial vehicles) and geographic (APAC, Europe, North America, South America, and MEA).
Analog Devices Inc., Cirrus Logic Inc., Infineon Technologies AG, Maxim Integrated Products Inc., NXP Semiconductors NV, Renesas Electronics Corp., Semiconductor Components Industries, LLC, STMicroelectronics NV., Texas Instruments Inc., Toshiba Electronic Devices & Storage Corp. are a few of the key vendors in the automotive audio amplifier market.
APAC will register the highest growth rate of 66.26% among the other regions. Therefore, the automotive audio amplifier market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
  • China
  • US
  • Germany
  • Japan
  • South Korea (Republic of Korea)
The key factors driving the automotive audio amplifier market growth are:
  • Growing demand for differentiated in-car experiences
  • Developments in the field of advanced automotive sound systems
The automotive audio amplifier market vendors should focus on grabbing business opportunities from the passenger cars segment as it accounted for the largest market share in the base year.
  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?
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