New York, NY, Aug. 16, 2019 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Power Amplifier Market by Product (Audio Power Amplifiers, Radio Frequency Power Amplifiers, and DC Power Amplifiers), by Class (Class A, Class B, Class AB, Class C, and Class D), by Application (Smartphones, Audio Systems, Tablets, PCs, & Laptops, Industrial Systems, Inverter & UPS, and Others), and by Vertical (Telecommunication, Consumer Electronics, Automotive, Industrial, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025”. According to the report, the global power amplifier market was USD 21.2 billion in 2018 and is expected to reach approximately USD 35.4 billion by 2025, at a CAGR of slightly above 7.6% between 2019 and 2025.
Power amplifiers are mainly used in electronic circuits and are also called large-signal amplifiers. The main function is to amplify power signals by increasing their strength. Some important features responsible for the growing adoption of power amplifiers are impedance matching, maximum power handling capacity, and circuit power efficiency.
Browse through 71 Tables & 37 Figures spread over 215 Pages and in-depth TOC on “Global Power Amplifier Market Size & Share 2018: By Product, Trends, Industry Segments, Growth, Analysis and Forecast, 2025”.
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The rising demand for high power amplifiers for wireless communication is mainly driving the power amplifier market worldwide. These high power amplifiers play a crucial role in cellular transmission or broadcasting signals, as they provide a high-powered transmission that increases data transfer rate and the overall usability. Worldwide LTE revolution is significantly driving the high power amplifiers demand, which is further boosting the global power amplifier market. The global wireless telecommunication spending grew by over 2.58% from 2015 to 2016. The rising use of high-powered amplifiers in satellite communication is also projected to drive the power amplifier market over the forecast time period. However, the reduction in price due to the highly fragmented industry may limit the power amplifier market.
The global power amplifier market is fragmented on the basis of product, class, application, and vertical. The product segment is classified into audio power amplifiers, DC power amplifiers, and radio frequency power amplifiers. Communication technologies are evolving on a daily basis and radio frequency power amplifiers will play a significant role in these communication chains by providing electric signals before transmission. By class, the market includes Class A, B, AB, C, and D. Class A power amplifiers are projected to account for the largest market share, owing to their various benefiting features like high fidelity, simple design, and high-frequency response. The application segment of the power amplifier market includes inverter and UPS, smartphones, tablets, PCs, and laptops, audio systems, industrial systems, and others. The vertical segment includes consumer electronics, telecommunication, industrial, automotive, and others. The industrial segment is estimated to register the highest CAGR, owing to the growing automation demand globally.
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In 2018, North America accounted for a substantial share of the power amplifier market, due to the strong presence of renowned market players across the region, such as Broadcom, Texas Instruments, Maxim Integrated, Analog Devices, Skyworks Solutions, QSC Audio Products, Peavey Electronics, Qualcomm, and MACOM. The U.S. dominated the North American market. As the North American market is highly competitive, the prominent market contributors are intensely engaged in various market-relevant business activities, such as R&D, product launch, and merger-acquisition. Furthermore, the high-powered RF amplifiers are majorly preferred for LTE applications for compensating non-linear distortions. The rising adoption of power amplifiers for LTE communication is expected to drive the region’s power amplifier market over the forecast timeframe. In North America, more than 78% of mobile subscribers are using LTE technology.
The European market is mainly driven by the rising number of market-relevant business activities, such as mergers, acquisitions, and service agreements. On 20th February 2018, Infineon acquired Merus Audio. Infineon is a Germany-based multinational semiconductor company and Merus Audio is a Copenhagen-based startup involved in providing integrated audio amplifier solutions. Headquartered in the Netherlands, NXP Semiconductor signed a strategic cooperation framework agreement with Chang’an in August 2017. The China-based company, Chang’an, agreed to upgrade their systems by using NXP's products, such as audio amplifiers, CAN transceivers, and power management ICs.
Browse the full “Power Amplifier Market by Product (Audio Power Amplifiers, Radio Frequency Power Amplifiers, and DC Power Amplifiers), by Class (Class A, Class B, Class AB, Class C, and Class D), by Application (Smartphones, Audio Systems, Tablets, PCs, & Laptops, Industrial Systems, Inverter & UPS, and Others), and by Vertical (Telecommunication, Consumer Electronics, Automotive, Industrial, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025” Report at https://www.zionmarketresearch.com/report/power-amplifier-market
The Asia Pacific will dominate the global power amplifier market in the future, owing to the growing power amplifiers demand for consumer electronics devices. Power amplifiers are significantly important in most of the popular consumer electronics devices, such as smartphones, televisions, and wireless wearable devices. The region’s consumer electronics market is estimated to account for USD 337 billion by the end of 2019, growing at a CAGR of 7.7% from 2019 to 2023. As the Asia Pacific holds a prominent market share of the global consumer electronics market, the region accounted for the highest demand for power amplifiers in 2018.
The growing demand for Internet of things (IoT) power amplifiers are estimated to create numerous growth opportunities in Latin America, as the region’s IoT spending is anticipated to grow by 15% in the upcoming years.
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Some leading players of the power amplifier market are Maxim Integrated, Texas Instruments, Renesas Electronics, Infineon Technologies, NXP Semiconductors, Aemulus Corporation, Broadcom, Analog Devices, Bonn Elektronik, Qorvo, QSC Audio Products, Toshiba, Yamaha Corporation, STMicroelectronics, Skyworks, Peavey Electronics, Ophir RF, ETL System, Macom, and Qualcomm.
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This report segments the global power amplifier market into:
Power Amplifier Market: Product Analysis
- Audio Power Amplifiers
- Radio Frequency Power Amplifiers
- DC Power Amplifiers
Power Amplifier Market: Class Analysis
- Class A
- Class B
- Class AB
- Class C
- Class D
Power Amplifier Market: Application Analysis
- Smartphones
- Audio Systems
- Tablets, PCs, and Laptops
- Industrial Systems
- Inverter and UPS
- Others
Power Amplifier Market: Vertical Analysis
- Telecommunication
- Consumer Electronics
- Automotive
- Industrial
- Others
Power Amplifier Market: Regional Analysis
- North America
- The U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- The Middle East and Africa
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