The market for power amplifier is expected to grow at a CAGR of around 8.8% from 2020 to 2027 and expected to reach the market value of around US$ 46.7 Bn by 2027.
Power Amplifier refers to the electric amplifier which is designed to increase the magnitude of the power of a given input signal. As per the operation, the power of the input signal is increased to a level high enough to drive loads of output devices like speakers, headphones, RF transmitters, and others. The power amplifier is particularly designed to drive loads directly and is used as a final block in an amplifier chain.
The increasing popularity of power amplifier worldwide in consumer electronics owing to its high efficiency and improved durability is supporting the market value. The increasing usage of LTE technology and need for quality audio is escalating the demand of power amplifier. The technological advancement in power amplifier applications along with the increasing investment in R&D for the development of more advance and efficient solutions for consumers in today’s changing lifestyle is propelling the market value. Furthermore, increasing strategic movements by the manufacturers for the expansion of their profit margin is further projected to create potential opportunities over the estimated timeframe from 2020 to 2027.
On the other hand, performance issues, such as current leakage and breakdown are anticipated to hinder the growth over the forecast period from 2020 to 2027.
There are basically three types of power amplifiers including Audio Power Amplifier, RF Power Amplifier, and DC Power Amplifiers. Audio power amplifiers are used to increase the magnitude of the power of a weaker audio Signal and are mostly used in speaker driving circuitries of televisions and mobile phones. Moreover, an audio power amplifier ranges from a few milliwatts like in headphone amplifiers to thousands of watts like in Hi-Fi/Home theatre systems. Radiofrequency power amplifiers help in increasing the magnitude of the power of modulated waves to a level high enough for reaching the required transmission distance. DC power amplifiers are used to amplify the power of a PWM (Pulse Width Modulated) signals. These are used in electronic control systems to drive motors or actuators where it takes input from microcontroller systems to increase its power and feed the amplified signal to DC motors or Actuators.
The power amplifier has a wide application across Consumer Electronics, Industrial, and Wireless Communication. These are used in almost all consumer electronic devices right from headphone drivers, televisions, microwave ovens, mobile phones, and Home theatre systems to theatrical and concert reinforcement systems. It is used to control most of the industrial actuator systems such as servos and DC motors. Used in wireless communication for transmission of cellular or FM broadcasting signals to users as well as high power amplifiers increase data transfer rates and usability for the same used in satellite communication equipment.
Asia Pacific accounted for the maximum revenue share in 2019
Asia Pacific is leading the global power amplifiers market with major revenue share due to the presence of potential consumer electronic industry. The presence of a large population in developing economies like China and India is supporting the regional market value. The rapidly increasing demand and production of audio systems, smartphones, and tablets, and PCs & laptops in the regional market is propelling the market growth. Furthermore, Asia Pacific is also projected to experience the fastest growth with major CAGR (%) over the estimated timeframe from 2020 to 2027.
The players profiled in the report include ABB Ltd., Analog Devices (US), Broadcom Limited (US), Fuji Electric Co. Ltd., Infineon Technologies AG (Germany), IXYS Corporation, Maxim Integrated (US), Mitsubishi Electric Corporation, NXP Semiconductors (Netherlands), Qorvo (US), STMicroelectronics (Switzerland), Texas Instruments (US), Toshiba Corporation, and Yamaha (Japan). The major power amplifier players were involved in strategic developments for escalating the profit share in regional as well as global market. The major investments were announced for the technological advancements associated with the changing consumer demand for the power amplifiers.
Market By Product
Audio Power Amplifier
RF Power Amplifier
DC Power Amplifiers
Market By Technology
Gallium Nitride (GaN)
Gallium Arsenide (GaAs)
Silicon Germanium (SiGe)
Complementary Metal-Oxide Semiconductor (CMOS)
Market By Application
Tablets and PCs & Laptops
Inverter & UPS
Others (Medical Devices and Traction)
Market By Geography
Middle East & Africa
The market for Power Amplifier is expected to reach a market value of around US$ 46.7 Bn by 2027.
The Power Amplifier market is expected to grow at a CAGR of around 8.8% from 2020 to 2027.
The increasing popularity of power amplifier worldwide in consumer electronics, increasing usage of Lte technology and need for quality audio, and technological advancement in power amplifier applications are some of the key factors driving the global power amplifier market.
ABB Ltd., Analog Devices (US), Broadcom Limited (US), Fuji Electric Co. Ltd., Infineon Technologies AG (Germany), IXYS Corporation, Maxim Integrated (US), Mitsubishi Electric Corporation, NXP Semiconductors (Netherlands), Qorvo (US), STMicroelectronics (Switzerland), Texas Instruments (US), Toshiba Corporation, and Yamaha (Japan) are the prominent players in the market.
Asia Pacific held the highest market share in the power amplifier market.
Asia Pacific is expected to be the fastest growing market over the forecast period.
In Application segment the Audio Systems segment is growing at faster pace.