Amplifiers And Mixers Market Overview: Market Size, Major Drivers And Trends
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033
The amplifiers and mixers market has experienced a steady ascent in recent years, with a noteworthy increase from $1.08 billion in 2023 to an anticipated $1.12 billion in 2024. This growth reflects a Compound Annual Growth Rate (CAGR) of 3.7%, propelled by key factors such as audio recording and production, live sound reinforcement, consumer electronics, broadcasting and radio, as well as professional and commercial AV.
Drivers of Historic Growth
- Audio recording and production
- Live sound reinforcement
- Consumer electronics
- Broadcasting and radio
- Professional and commercial AV
Anticipating Continued Ascension
The amplifiers and mixers market is poised for ongoing growth, with a projected size of $1.27 billion in 2028 and a CAGR of 3.1%. This expansion is attributed to emerging trends, including immersive audio and spatial sound, 5G and streaming services, home automation and smart speakers, live streaming and content creation, as well as pro AV and conferencing.
Key Trends in the Forecast Period
- Digital signal processing (DSP)
- Networked audio and Dante protocol
- Compact and portable amplifiers
- Analog warmth and tube emulation
- Remote control and monitoring
Energy-Efficiency Drive Fuels Growth
The surge in demand for energy-efficient electronic products globally has become a significant catalyst for the amplifiers market. The emphasis on energy conservation has led to the adoption of energy-efficient amplifiers, particularly in the manufacturing of electronic products. As an illustration, energy-saving power amplifiers, known for their high efficiency, are gaining momentum. In India, the demand for energy-efficient products is projected to grow substantially by 2030, further driving the amplifiers market.
Contributing Factors
- Global demand for energy-efficient electronic products
- Growth in primary demand for energy-efficient products in India
Major Market Players
- STMicroelectronics
- Texas Instruments
- NXP Semiconductors
- Maxim Integrated Product Inc.
- Analog Devices
- And many more…
Read The Full Amplifiers And Mixers Market Report Here:
https://www.thebusinessresearchcompany.com/report/amplifiers-and-mixers-global-market-report
Innovations with GaN Power Amplifiers
Leading companies in the amplifiers market are actively incorporating innovative technologies to gain a competitive edge. One notable advancement is the integration of gallium nitride (GaN) power amplifiers, heralded as the world’s first wideband operation for 4G, 5G, and beyond 5G/6G systems. Mitsubishi Electric, for instance, developed a GaN power amplifier capable of a 3,400MHz frequency range, showcasing its potential in supporting diverse communication systems and contributing to more energy-efficient base stations.
Technological Advancements
- Introduction of gallium nitride (GaN) power amplifiers
- Wideband operation for 4G, 5G, and beyond
Zound Industries Acquires Marshall Amplification
In a strategic move, Zound Industries, based in Sweden, acquired Marshall Amplification in March 2023. This acquisition, aimed at expanding Zound Industries’ portfolio in the amplifiers business, marked a significant step in reaching a new global consumer audience. Marshall Amplification, a renowned UK-based company, specializes in designing and manufacturing music amplifiers, speaker cabinets, personal headphones, earphones, drums, and bongos.
Strategic Acquisitions
- Zound Industries acquires Marshall Amplification
- Expansion of Zound Industries’ portfolio in the amplifiers business
Market Segmentation
The amplifiers market is diverse, with segmentation based on type, phase, channel, and application, offering a comprehensive understanding of its dynamics.
Segments Covered
- Type
- Voltage Amplifier
- Current Amplifier
- Power Amplifier
- Phase
- Inverting Amplifier
- Non-Inverting Amplifier
- Channel
- Mono Channel
- Two Channel
- Four Channel
- Six Channel
- Other Channels
- Application
- Consumer Electronics
- Automotive
- Media And Entertainment
- Other Applications
Asia Pacific: Leading the Charge
In 2023, Asia Pacific emerged as the largest region in the amplifiers market, setting the stage for its dominance in the industry.
Regional Insights
- Asia Pacific: Largest region in the amplifiers market in 2023
Get A Free Sample OnThe Global Amplifiers And Mixers Market Report:
https://www.thebusinessresearchcompany.com/sample_request?id=4009&type=smp
The Amplifiers And Mixers Global Market Report 2024 provides an overviewof the amplifiers and mixers market for the time series: historic years (2010 -2021) and ten years forecast (2023 – 2032).The amplifiers and mixers market forecast analyzesamplifiers and mixersmarket size, amplifiers and mixers market share,leading competitor and their market positions.
Explore Similar Reports FromThe Business Research Company:
Hearing Amplifiers Global Market Report 2024
Amplifiers Global Market Report 2024
Smart Speakers Global Market Report 2024
Learn More About The Business Research Company
The Business Research Company has published over 6500+ detailed industry reports, spanning over 3000+ market segments and 60 geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.
Contact us at:
The Business Research Company:https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at info@tbrc.info
Follow us on:
LinkedIn:https://in.linkedin.com/company/the-business-research-company
YouTube:https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model:https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on: