Global Audio Amplifier Industry to 2027 – TV Segment Expected to Record 4.7% CAGR – ResearchAndMarkets.com | Business
DUBLIN – (BUSINESS WIRE) – December 23, 2021–
the “Audio Amplifier – Global Market Trajectory and Analysis” the report was added to ResearchAndMarkets.comoffer.
Amid the COVID-19 crisis, the global audio amplifier market, estimated at US $ 3.5 billion in 2020, is expected to reach a revised size of US $ 5 billion by 2027, with a CAGR of 5 , 4% over the analysis period 2020-2027.
Home audio systems, one of the segments analyzed in the report, is expected to register a CAGR of 6% and reach $ 1.6 billion by the end of the analysis period. After an initial analysis of the business implications of the pandemic and its induced economic crisis, the growth of the smartphone segment is readjusted to a revised CAGR of 5.4% for the next 7-year period.
The US market is estimated at $ 930.5 million, while China is expected to grow at 8.7% CAGR
The audio amplifier market in the United States is estimated at US $ 930.5 million in 2020. China, the world’s second-largest economy, is expected to reach a projected market size of US $ 1.1 billion by 2027, with a CAGR of 8.8% over the analysis period 2020 to 2027.
Other notable geographic markets include Japan and Canada, each expected to grow by 2.9% and 4.3% respectively over the period 2020-2027. In Europe, Germany is expected to grow at a CAGR of around 3.8%.
TV segment to register 4.7% CAGR
In the global TV segment, the United States, Canada, Japan, China and Europe will lead the estimated 4.5% CAGR for this segment. These regional markets representing a combined market size of US $ 437.8 million in 2020 will reach a projected size of US $ 593.8 million by the end of the analysis period. China will remain among the fastest growing countries in this group of regional markets. Led by countries such as Australia, India and South Korea, the Asia-Pacific market is expected to reach US $ 678.1 million by 2027, while Latin America will grow at a 5% CAGR during the analysis period.
Selected Competitors (Total 36 featured):
- Analog devices
- Cirrus Logic Inc.
- Dialogue semiconductors
- DIOO Microcircuits Co., Ltd.
- ICEPower A / S
- Infineon Technologies
- Integrated Silicon Solutions Inc. (ISSI)
- Integrated product Maxim inc.
- Monolithic Power Systems Inc.
- Nuvoton technology company
Main topics covered:
I. METHODOLOGY
II. ABSTRACT
1. MARKET OVERVIEW
- Overview of the influencer market
- Global market trajectories
- Impact of Covid-19 and an impending global recession
2. FOCUS ON CERTAIN PLAYERS
3. MARKET TRENDS AND FACTORS
4. WORLD MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETETION
For more information on this report, visit https://www.researchandmarkets.com/r/7ml58w
View source version on businesswire.com:https://www.businesswire.com/news/home/20211223005323/en/
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KEYWORD:
INDUSTRY KEYWORD: AUDIO / VIDEO TECHNOLOGY
SOURCE: Research and markets
Copyright Business Wire 2021.
PUB: 12/23/2021 10:06 am / DISC: 12/23/2021 10:06 am
Copyright Business Wire 2021.
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