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Global Amplifier And Comparator Integrated Circuits ICs Market Growth Analysis 2024, Forecast To 2033

24 Sep, 2024

The amplifier and comparator integrated circuits (ICs) market has experienced strong growth, expanding from $3.90 billion in 2023 to $4.13 billion in 2024, with a compound annual growth rate (CAGR) of 5.8%. This historical growth is supported by increasing adoption of infotainment systems, rising consumer electronics production, and the complexity of automotive digital applications. By 2028, the market is projected to reach $5.2 billion, growing at a CAGR of 5.9%. Future growth will be driven by increasing demand for electric vehicles, product miniaturization, and the popularity of integrated amplifiers. Key trends include the growing demand for IoT devices, advancements in automotive electronics, and developments in 5G and wireless infrastructure.

Major Driver In The Amplifier And Comparator Integrated Circuits ICs Market

The amplifier and comparator integrated circuit (IC) market is expected to see substantial growth due to the rising adoption of automation and robotics in the industrial sector. Automation and robotics, which enhance efficiency, accuracy, and productivity, are increasingly utilized across industries to meet the demand for higher productivity, reduced labor costs, and improved quality control. Amplifier and comparator ICs are vital in these systems, handling signal processing to control motors and sensors. The International Federation of Robotics reported that industrial robot installations worldwide grew by 5% in 2022, reaching 553,052 units. This trend is driving the amplifier and comparator IC market, which is projected to expand significantly through 2024 and beyond.

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Amplifier And Comparator Integrated Circuits ICs Market Competitive Landscape

Qualcomm Technologies Inc., Broadcom Inc., Toshiba Corporation, Texas Instruments Incorporated, STMicroelectronics N.V., Infineon Technologies AG, NXP Semiconductors, Analog Devices Inc., Renesas Electronics Corporation, Onsemi, Microchip Technology Inc., Skyworks Solutions Inc., ROHM Co. Ltd., Diodes Incorporated, Cirrus Logic Inc., Linear Technology Corporation, Semtech Corporation, Unisonic Technologies Co. Ltd., ABLIC Inc., Apex Microtechnology

Key Amplifier And Comparator Integrated Circuits ICs Market Trend

The amplifier and comparator integrated circuits (ICs) market is evolving with advancements like next-generation smart audio amplifiers. These devices enhance sound quality and efficiency in consumer electronics and automotive applications. In April 2024, Goodix Technology introduced the TFA9865 smart amplifier, designed for mobile audio applications. This compact, fully digital device offers improved audio performance with higher power efficiency, increased volume, and reduced noise. It represents a significant advancement in the market, which is valued at $2.11 billion in 2023, expected to reach $2.26 billion in 2024, and forecasted to hit $2.97 billion by 2028.

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Amplifier And Comparator Integrated Circuits ICs Market Segmentation

The amplifier and comparator integrated circuits (ICs) market covered in this report is segmented –
1) By Type: Reversal, Non-Inverted
2) By Distribution Channel: Original Equipment Manufacturer (OEM), After market
3) By End-Use Industry: Automobile, Consumer Electronics, Healthcare, Manufacturing, Other End-Use Industries
By Geography:The regions covered in the amplifier and comparator integrated circuits (ICs) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. North America was the largest region in the amplifier and comparator integrated circuits (ICs) market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period.

The Amplifier And Comparator Integrated Circuits ICs Global Market Report 2024 furnishes information about the global amplifier and comparator integrated circuits ics market, encompassing details like market size, projections for growth, segmentation across various sectors and regions, and an overview of competitors, including their revenues, profiles, and market shares. Furthermore, the report pinpoints potential opportunities and strategic directions derived from market trends and the strategies adopted by key competitors. The report also offers an assessment of how the COVID-19 pandemic, the Russia-Ukraine conflict, and increasing inflation have affected both global and regional markets, furnishing valuable strategic insights for businesses.