Global Amplifiers Market

The consumer electronics repair and maintenance market consists of sales of consumer electronics repair and maintenance services by entities (organizations, sole traders and partnerships) that are engaged in repairing and maintaining consumer electronics such as televisions, stereos, speakers, video recorders, CD and DVD players, radios, and cameras, without retailing new consumer electronics. Only goods and services traded between entities or sold to end consumers are included. The main types of consumer electronics repair and maintenance are loudspeakers and sound bars, microphones, amplifiers and mixers, music players and other devices, televisions, video players, video cameras. A microphone is a device that converts airborne sound waves into electrical signals or records them on a recording medium. The different service types include in-warranty, out of warranty and is used by various verticals such as industrial and commercial, residential. The global consumer electronics repair and maintenance market size is expected to grow from $7.98 billion in 2021 to $8.38 billion in 2022 at a compound annual growth rate (CAGR) of 5.1%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The consumer electronics repair and maintenance market is expected to reach $9.60 billion in 2026 at a CAGR of 3.5%. An increase in equipment failure rates and cost benefits of repairing old equipment rather than disposing of them are expected to drive the consumer electronics repair and maintenance market. The branded and non-branded low-cost products regularly flood the market and need repair in some time as they are made with poor quality material or due to regular maintenance. However, research suggests that companies are now taking a different approach, which is building products that could be easily repaired for use as fixing an issue in a gadget is always a cost-effective solution than buying a new one, thereby enhancing the trust of the customer. Customers tend to buy and refer the products of the company that offers repair manual, spare parts and provide assistance and guidance on fixing the product. Apple has begun assembling the older iPhone in India. Companies like iFixit and Repair Cafe are bringing people together to work for repairing devices. The European Commission is all set to discuss eco-design regulation for smartphones from 2021, including access to spare parts and repair information. Therefore, an increase in equipment failure rates and cost benefits of repairing old equipment is promoting the consumer electronics repair and maintenance market. The COVID-19 pandemic has significantly impacted the consumer electronics repair and maintenance industry as governments across the globe have imposed lockdowns and put restrictions on non-essential services to prevent the spread of the virus. Repair and maintenance services hugely depend on labor and the availability of labor during this pandemic is a big challenge. The repair industry across countries such as US, the UK, Germany, Italy, the Middle East and India have also witnessed an increase in labor cost due to labor shortages in the lockdown. The repairing industry, in general, fixes around 25 million electronic appliances in a month, but due to lockdown and social distancing norms, the products are expected to pile up for repair. Besides, the supply chain disruptions in various countries have made it difficult to find spare components for mobile and other electronic appliances making consumers wait longer for availing services. Major players in the consumer electronics repair and maintenance market are Encompass Supply Chain Solutions Inc, Electronix Services, iCracked Inc, Mendtronix Inc, Moduslink Global Solutions, MicroFirst Gaming Inc, Quest International, Inc, The Cableshoppe Inc, uBreakiFix, B2X CARE SOLUTIONS GMBH, Redington Services and Repair World Direct. Western Europe was the largest region in the consumer electronics repair and maintenance market in 2021. Asia Pacific was the second largest region in the consumer electronics repair and maintenance market. The regions covered in the consumer electronics repair and maintenance market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the consumer electronics repair and maintenance market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The global consumer electronics repair and maintenance market is segmented - 1) By Type: Loudspeakers and Sound Bars, Microphones, Amplifiers and Mixers, Music Players and Other Devices, Televisions, Video Players, Video Cameras 2) By Service Type: In-Warranty, Out of Warranty 3) By End User: Industrial and Commercial, Residential

The audio and video equipment market consists of sales of audio and video equipment by entities (organizations, sole traders and partnerships) that manufacture audio and video/video equipment used for home entertainment, musical instrument amplification, motor vehicles, and public address. Audio and video equipment includes televisions, speaker systems, video cassette recorders, stereo equipment, household-type video cameras, jukeboxes, and amplifiers for musical instruments and public address systems. The main types of audio and video equipment are audio equipment and video equipment. Devices that reproduce, record, or process sound are referred to as audio equipment. Examples of audio equipment are microphones, radio receivers, AV receivers, CD players, tape recorders, amplifiers, mixing consoles, effects units, headphones, and speakers. The equipment is operated through online and offline modes. The various sales channels include OEM and aftermarket that are used by B2B and B2C end users. The global audio and video equipment market size is expected to grow from $149.00 billion in 2021 to $158.81 billion in 2022 at a compound annual growth rate (CAGR) of 6.6%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The audio and video market is expected to reach $196.50 billion in 2026 at a CAGR of 5.5%. During the forecast period, the internet penetration will increase rapidly due to increased public and private investments to increase internet connectivity. Many audio and video equipment uses internet to enhance the customer's experience. The growth in internet users will be also driven by greater access to affordable smartphones. In 2019, an estimated 4.1 billion people will use the Internet, representing a 5.3% increase over the previous year. In 2020, China reported that the country's internet user base had risen to 989 million, with more than 80 million going online in the aftermath of the coronavirus pandemic. Increased internet penetration increased the demand for connected audio and video devices. The changes in consumer lifestyles and preferences had a significant impact on the audio and video equipment market. With increasing smartphone and internet penetration and advances in social media and digital technologies, consumers shifted from traditional television to new forms of entertainment such as online audio and video streaming services on mobile phones. Television viewership continued to decline, especially among the millennials. For example, the Video Advertising Bureau (VAB), a trade group in the United States that promotes broadcast and cable networks, stated that during the pandemic, the people metre in-tab (the households providing usable ratings for the day) dropped from 36,957 in February 2020 to 29,456 in February 2021. Changes in consumer preferences restricted the demand for audio and video equipment. The growing demand for curved TVs is being driven by consumer preference for better viewing. A curved screen allows for a more immersive experience, as the curve make viewer fill more of field of view and also provide a wider viewing angle. For example, in January 2020, LG Electronics, a South Korea-based electronics company, has launched as many as 14 new OLED TVs along with three new GX Gallery series 4K Ultra HD TVs, 88- and 77-inch class Real 8K models and an all-new OLED screen – 48-inch at CES 2020. The company claims that the new LG TVs are designed to offer better picture quality, upgraded performance and artificial intelligence-enabled features that improve the overall viewing experience. Major companies in the audio and video equipment market include Samsung Electronics Co Ltd, Sony Corp, LG Electronics Inc, Panasonic Corporation and Bose Corporation. Asia Pacific was the largest region in the audio and video equipment market in 2021. North America was the second largest region in the audio and video equipment market. The regions covered in the audio and video market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the audio and video equipment market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela and Vietnam. The global audio and video equipment market is segmented - 1) By Type: Audio Equipment, Video Equipment 2) By End-User: B2B, B2C 3) By Sales Channel: OEM, Aftermarket 4) By Mode: Online, Offline Subsegments Covered: Loudspeakers and Sound Bars, Microphones, Amplifiers and Mixers, Music Players and Other Audio Devices, Televisions, Video Players, Video Cameras

The electronic products market consists of sales of electronic products by entities (organizations, sole traders and partnerships) that produce electronic products. The main types of electronic products are audio and video equipment, semiconductor and other electronic components. Devices that reproduce, record, or process sound are referred to as audio equipment. Examples of audio equipment are microphones, radio receivers, AV receivers, CD players, tape recorders, amplifiers, mixing consoles, effects units, headphones, and speakers. The equipment is operated through online and offline modes. The various sales channels include OEM and aftermarket that are used by B2B and B2C end users. The global electronic products market size is expected to grow from $1,108.88 billion in 2021 to $1,198.53 billion in 2022 at a compound annual growth rate (CAGR) of 8.1%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The electronic product market is expected to reach $1,574.82 billion in 2026 at a CAGR of 7.1%. The electronic products market growth is aided by stable economic growth forecasted in many developed and developing countries. The International Monetary Fund (IMF) stated that the global GDP growth was 3.3% in 2020 and 3.4% in 2021. Recovering commodity prices, after a significant decline in the historic period is further expected to aid the market growth. Developed economies are also expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than the developed markets in the forecast period. Stable economic growth is expected to increase investments in the end user markets, thereby driving the market during forecast period. The outbreak of the Coronavirus disease (COVID-19) has acted as a massive restraint on the electronic products manufacturing market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China and spread globally including Western Europe, North America and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity with countries entering a state of lockdown and the outbreak had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the electronic products manufacturing market will recover from the shock across the forecast period as it is a 'black swan' event and not related to ongoing or fundamental weaknesses in the market or the global economy. With rising incidences of theft and crime, companies in the video equipment manufacturing industry are manufacturing closed circuit television cameras with motion detection technology. Motion detecting CCTV camera detects any motion of objects in its field of view and raises an alarm in case of an intrusion. These cameras consume less energy as they get activated and begin recording only when there is a movement of object in its field of view. This feature offers effective surveillance of an area at low costs. For instance, some of the major companies manufacturing motion detecting CCTV cameras include Sony, Samsung, Honeywell, Panasonic and others. Major companies in the electronic products market include Samsung Electronics Co. Ltd., Taiwan Semiconductor Mfg. Co ltd, SK Hynix Inc, Qualcomm, Hon Hai Precision Industry, Micron Technology Inc, LG Display Co Ltd, Intel Corporation, Sony Corp and Broadcom Ltd. Asia Pacific was the largest region in the electronic products market in 2021. North America was the second largest region in the electronic products market. The regions covered in the electronic products market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the electronic products market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela and Vietnam. The global electronic products market is segmented - 1) By Type: Audio and Video Equipment, Semiconductor and Other Electronic Component 2) By End-Use: B2B, B2C 3) By Sales Channel: OEM, Aftermarket 4) By Mode: Online, Offline Subsegments Covered: Audio Equipment, Video Equipment, Semiconductor and Related Devices, General Electronic Components

The speaker drivers market consists of sales of speaker drivers by entities (organizations, sole traders and partnerships) that manufacture speaker drivers such as woofers and tweeters. A speaker driver is a device that converts an electrical audio signal to sound waves. The main types of speaker drivers are headphones/earphones, hearing aids, smart speakers, mobile phones/tablets and loudspeakers. A hearing aid is a device that helps people with hearing loss hear better by amplifying sound. Speakers use various driver types such as dynamic drivers, balanced armature drivers, planar magnetic, electrostatic, others and applied in consumer, professional/enterprise, medical and others areas. The global speaker drivers market size is expected to grow from $22.35 billion in 2021 to $23.75 billion in 2022 at a compound annual growth rate (CAGR) of 6.7%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The speaker driver market is expected to reach $31.10 billion in 2026 at a CAGR of 7%. The speaker drivers market was supported by the increased demand for audio and video streaming services globally. This was mainly due to rapid growth in internet penetration and rising popularity among people. According to Statista, the number of Netflix (OTT Service) subscribers increased to 195.15 million by the third quarter of 2020. Also, according to a year-end report by the Recording Industry Association of America (RIAA), streaming services grew nearly 20% in 2019 to $8.8 billion, accounting for 79.5% of all recorded music revenues. The rise in the popularity of audio and video streaming services supported the demand for speaker drivers market. The rising price of raw materials is expected to limit the growth of the speaker drivers market. The volatility of prices in raw materials such as copper, aluminum and steel is expected to have a significant impact on the manufacturing cost of speaker drivers increasing the expenses of manufacturers. For instance, in the late 2020s, the Indian manufacturers of steel have increased steel prices due to rising iron ore prices and strong demand for steel. In December 2020, the steel companies were charging around $34 to $37 (?2,500 to ?2,700) a ton of both flat and long products. Therefore, such fluctuations in raw material price affect the manufacturing cost of speaker drivers and this factor is expected to restrain the market growth of speaker drivers. The rising popularity of wireless audio equipment is an emerging trend in the speaker drivers market. Due to technological advancements, speaker drivers are now enabled with Bluetooth or Wi-Fi, thus can play audio without any wires connected to it. Consumers’ consumption behavior is also changing and a majority of the consumers are shifting towards wireless audio equipment due to its convenience. Key players in the market such as Samsung, LG, Sony, Bose, Denon, DTS, and Qualcomm are introducing different types of wireless speaker drivers in the market. For instance, Sonos Wi-Fi speakers, Bose's SoundTouch system and Amazon's Echo speakers are common Wi-Fi audio equipment. In January 2019, Sound Vision Technologies, the parent company of TruAudio and VSSL, a US-based global manufacturer of architectural, outdoor, commercial speakers and native streaming audio system amplifiers, acquired Current Audio for an undisclosed amount. Through this acquisition, Sound Vision Technologies plans to increase its logistics locations to cover West and East Coasts, expand its brand's customer service, and enhance and support Current Audio’s growing distribution channel. Current Audio manufactures amplifiers, streaming amplifiers, soundbars, architectural speakers, control keypads and subwoofers. Major players in the speaker drivers market are Sony Corporation, Samsung Electronics, BOSE, JBL, Sennheiser Electronic GmbH & Co. KG, Knowles Electronics, Goertek, Beyerdynamic Gmbh & Co. Kg, Fostex International, Merry Electronics Co. Ltd., and Concraft Holding Co. Ltd. Asia Pacific was the largest region in the speaker drivers market in 2021. The regions covered in the speaker driver market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the speaker drivers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The global speaker drivers market is segmented - 1) By Device Type: Headphones/Earphones, Hearing Aids, Smart Speakers, Mobile Phones/Tablets, Loudspeakers 2) By Driver Type: Dynamic Drivers, Balanced Armature Drivers, Planar Magnetic, ElectroStatic, Others 3) By Application: Consumer, Professional/Enterprise, Medical, Others

The loudspeakers and sound bars market consists of sales of loudspeakers and sound bars by entities (organizations, sole traders and partnerships) that manufacture loudspeakers and sound bars. A loudspeaker is an electroacoustic transducer which converts an electrical audio signal into a corresponding sound. Loudspeakers are used in radios, audio players, and Bluetooth speakers. Only goods and services traded between entities or sold to end consumers are included. The main types of enclosure of loudspeakers and sound bars are single mounted, multiple mounted and not mounted. A single mounted loudspeaker consists of one speaker recorded within an audio file. The loudspeakers and soundbars are used for communication, automotive, film and television and club/bar by household, commercial and other end users. The global loudspeakers and sound bars market size is expected to grow from $14.62 in billion 2021 to $15.59 billion in 2022 at a compound annual growth rate (CAGR) of 6.6%.The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The loudspeaker and sound bar market is expected to reach $19.27 billion in 2026 at a CAGR of 5.5%. Increased spending on entertainment products by consumers globally contributed to the growth of loudspeakers market in the forecast period. Consumers are preferring external sound systems as a medium of home entertainment and there is an increasing consciousness about the quality of sound they are experiencing as a result of which they are willing to spend more on sound systems. According to a survey by Dolby Laboratories, the USA consumers’ expenditure on home entertainment increased by 72% in 2020. This spend is led by Gen Z and millennial. GFK recorded a €7.9 billion sales in 2019 for global audio devices market excluding North America. There is plenty of growth potential in smart devices with embedded voice assistants and loudspeakers which enhances the entertainment at home. Increased consumer expenditure on entertainment and consciousness of quality of sound experienced increases the demand for different forms of loudspeakers which is driving the loudspeakers market. Regulations by government have always been challenging to the loudspeakers market as loudspeakers usage is one of the main reasons for noise pollution. Noise pollution deteriorates both physiological and psychological health which may lead to health complications such as hypertension, anxiety, increased stress level and can even lead to coronary artery disease. In India, the Supreme Court passed a regulation which restricts the use of public address systems at night (between 10:00pm and 6:00am) and during cultural or festive occasions to not more than 15 days a year. These regulations are expected to negatively impact the growth of the loudspeakers market. The demand for wireless audio equipment market is increasing rapidly due to the increasing popularity of mobile devices and changing media consumption behavior of consumers. Consumers are increasingly using mobile devices, tablets and laptops to wirelessly play audio on speakers. Such consumer behavior is driving the growth of Wi-Fi and Bluetooth connected speakers. To capitalize on the growing popularity of wireless audio equipment, manufacturers such as Samsung, LG, Sony, Bose, Denon, DTS and Qualcomm are also launching wireless audio products or platforms. Popular Wi-Fi audio equipment include Sonos Wi-Fi speakers, Bose’s SoundTouch system, and Amazon’s Echo speakers. In September 2019, the US based company, Sonance announced that it has entered into an agreement with James Loudspeaker to acquire James for an undisclosed amount. The aim of the deal is to combine engineering technology to reinforce their goal of providing superior acoustic performance in products by delivering innovative approaches. James Loudspeaker is a US based company and an innovator in both high performance residential and commercial audio solutions. It produces products for exclusive homes, forward-thinking businesses, and upscale marine applications. Major players in the loudspeakers and sound bars market are Bose Corporation, Harman International Industries, Bowers &Wilkins, Klipsch Audio Technologies, KEF, Sonance, Yamaha Corporation, Sony Corporation, Creative Technology Ltd., and Wharfedale. Asia Pacific is the largest region in the loudspeakers and sound bars market in 2021. North America is the second-largest region in the loudspeakers and sound bars market. The regions covered in the loudspeakers and sound bars market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the loudspeakers and sound bars market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The global loudspeakers and sound bars market is segmented - 1) By Type of Enclosure: Single Mounted, Multiple Mounted, Not Mounted 2) By End-User: Household, Commercial, Others 3) By Application: Communication, Automotive, Film and Television, Club/Bar

The loudspeakers market consists of sales of loudspeakers and related services which are used in aural communication for the generation of music through auto technology, radio, audio players, and Bluetooth speakers. The loudspeaker device generates acoustical signal energy from a corresponding electric audio signal which is enough to be heard from a distance. The main products of loudspeakers are soundbar, subwoofers, in-wall and outdoor. Subwoofers are a sort of speaker that amplifies the lowest frequencies in the audio. Bass guitars, pipe organs, deep voices, kick drums, and cinematic sound effects are examples of low frequencies. Subwoofers are extremely popular for home theatre and automotive sound systems, and they are simple to install. The various types of the enclosure include single mounted, multiple mounted, and not mounted that is used by household, commercial and other end-users. The global loudspeakers market size is expected to grow from $6.61 billion in 2021 to $7.25 billion in 2022 at a compound annual growth rate (CAGR) of 9.8%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The loudspeaker market is expected to reach $8.86 billion in 2026 at a CAGR of 5.1%. Increased spending on entertainment products by consumers globally will contribute to the growth of the loudspeakers market in the forecast period. Consumers are preferring external sound systems as a medium of home entertainment and there is an increasing consciousness about the quality of sound they are experiencing as a result of which they are willing to spend more on sound systems. According to Futuresource Consulting, the global consumer expenditure on entertainment content is reached $439 billion by the end of 2021. GFK recorded €7.9 billion ($8.5 billion) in sales in 2019 for the global audio devices market excluding North America. There is plenty of growth potential in smart devices with embedded voice assistants and loudspeakers which enhances entertainment at home. Increased consumer expenditure on entertainment and consciousness of quality of sound experienced increases the demand for different forms of loudspeakers which is driving the loudspeakers market. Regulations by the government have always been challenging to the loudspeakers market as loudspeakers usage is one of the main reasons for noise pollution. Noise pollution deteriorates both physiological and psychological health which may lead to health complications such as hypertension, anxiety, increased stress levels, and can even lead to coronary artery disease. In India, the Supreme Court passed a regulation that restricts the use of public address systems at night (between 10:00 pm and 6:00 am) and during cultural or festive occasions to not more than 15 days a year. These regulations are expected to negatively impact the growth of the loudspeakers market. The demand for wireless audio equipment market is increasing rapidly due to the increasing popularity of mobile devices and changing media consumption behavior of consumers. Consumers are increasingly using mobile devices, tablets, and laptops to wirelessly play audio on speakers. Such consumer behavior is driving the growth of Wi-Fi and Bluetooth-connected speakers. To capitalize on the growing popularity of wireless audio equipment, manufacturers such as Samsung, LG, Sony, Bose, Denon, DTS, and Qualcomm are also launching wireless audio products or platforms. Popular Wi-Fi audio equipment includes Sonos Wi-Fi speakers, Bose’s SoundTouch system, and Amazon’s Echo speakers. In September 2019, a US-based company, Sonance announced that it has agreed with James Loudspeaker to acquire James for an undisclosed amount. The deal aims to combine engineering technology to reinforce its goal of providing superior acoustic performance in products by delivering innovative approaches. James Loudspeaker is a US-based company and an innovator in both high-performance residential and commercial audio solutions. It produces products for exclusive homes, forward-thinking businesses, and upscale marine applications. Major players in the loudspeakers market are Bose Corporation, Harman International Industries, Bowers & Wilkins, Klipsch Audio Technologies, KEF, Sonance, Yamaha Corporation, Sony Corporation, Creative Technology Ltd., and Wharfedale. The regions covered in the loudspeakers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the loudspeakers market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The global loudspeakers market is segmented - 1) By Product: Soundbar, Subwoofers, In-Wall, Outdoor 2) By Type of Enclosure: Single Mounted, Multiple Mounted, Not Mounted 3) By End-User: Household, Commercial, Others

The amplifiers and mixers market consists of sales of audio amplifiers and mixers by entities (organizations, sole traders and partnerships) that manufacture audio amplifiers and mixers. An amplifier is an electronic device that increases the voltage, current, or power of a signal. Amplifiers are used in all kinds of audio equipment. A mixer is an electronic device which is often used for changing the quality and the levels of audio signals. Only goods and services traded between entities or sold to end consumers are included. The main channels of amplifiers and mixers are mono channel, two channel, four-channel, six channel and others. A Mono channel is a single channel of audio. When using mono, all audio is routed through a single channel for playback. The amplifiers and mixers market are used for consumer electronics, automotive, media and entertainment, other applications by industries such as consumer audio, automotive audio, computer audio and enterprise audio. The global amplifiers and mixers market size is expected to grow from $0.99 billion in 2021 to $1.05 billion in 2022 at a compound annual growth rate (CAGR) of 6.2%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The amplifier and mixer market is expected to reach $1.28 billion in 2026 at a CAGR of 5.1%. The rise in demand for energy-efficient electronic products globally contributes to the growth of the amplifiers market. Energy-efficient products use less energy compared to other products and will enhance the level of energy conservation. Energy-saving power amplifiers are gaining increasing momentum due to its energy conservative nature, and are highly efficient. These amplifiers are used in the manufacturing of electronic products. The primary demand for energy-efficient products in India is expected to grow to 1,500 million tons by 2030. Therefore, the rise in demand for energy-efficient electronic products is increasing the demand for amplifiers. Diminished price margin is expected to limit the growth of the amplifiers market. Diminished price margin is the difference between the manufacturing cost and price at which the product is sold is low. Due to the highly fragmented industry, the price margin is reduced in the power amplifiers market. For example, increased competition may force a company to reduce its prices to maintain its customer base and market share which results in diminishing revenues and losses that may occur as the cost of the product remains the same. Therefore, the diminished price margin is one of the factors that hinder the growth of the amplifiers market. Smart power-amplifier (SPA) is a key trend driving the growth of the amplifiers market. Smart power-amplifier with voltage-tripling is designed to boost the audio quality and also to increase the efficiency of wireless speakers, watches, phones, and tablets. In 2019, ESS Technologies, the industry leader in audio converters and analog design, introduced the smart power-amplifier with revolutionary new amplifier design based on patented 7-level Class-D amplifier technology offers improved efficiency and lower EMI than standard amplifiers. The voltage-tripling can reach 15V from a 5V supply and results in an effective boost-voltage of 13V from a typical phone battery. In October 2019, Dialog Semiconductor, a fabless semiconductor company primarily focused on the development of highly-integrated mixed-signal products for consumer electronics, acquired Creative Chips GmbH company for a deal amount of $103 million. This transaction will increase Dialog’s sales in the area of power management integrated circuits, configurable mixed-signal, and wireless low power connectivity. Creative Chips, a German based company, a mid-size semiconductor manufacturer of custom specific integrated circuits for industrial, automotive, and consumer applications. Major players in the amplifiers and mixers market are STMicroelectronics, Texas Instruments, NXP Semiconductors, Maxim Integrated Product Inc, Analog Devices, Toshiba Electronic Devices & Storage Corporation, Infineon Technologies, Yamaha Corporation, Qualcomm Incorporated, and Renesas Electronics. Asia Pacific is the largest region in the amplifiers and mixerss market in 2021. North America is the second-largest region in the amplifiers and mixers market. The regions covered in the amplifiers and mixers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the amplifiers and mixers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The global amplifiers and mixers market is segmented - 1) By Channel: Mono Channel, Two Channel, Four Channel, Six Channel, Others 2) By Application: Consumer Electronics, Automotive, Media and Entertainment, Others 3) By Industry Segmentation: Consumer Audio, Automotive Audio, Computer Audio, Enterprise Audio

The audio equipment market consists of sales of audio equipment and related services that are used for entertainment, musical instrument amplification, motor vehicles, and public address. Audio equipment is a device that is used for recording, reproducing, and processing the sound. Audio equipment include speaker systems, stereo equipment, and amplifiers for musical instruments and public address systems. The main types of audio equipment are loudspeakers, microphones, amplifiers, turntables and others. An amplifier is a type of electronic device that boosts a signal's voltage, current, or power. The audio equipment prices range from low, medium to high and are available in various technologies such as wired and wireless. The end users involved are 2B and B2C. The global audio equipment market size is expected to grow from $32.32 billion in 2021 to $34.42 billion in 2022 at a compound annual growth rate (CAGR) of 6.5%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The audio equipment market is expected to reach $42.44 billion in 2026 at a CAGR of 5.4%. The audio equipment market is expected to be driven by growing demand for wireless audio devices. The demand for wireless audio devices is growing rapidly due to changing consumers’ behavior in media consumption and increasing popularity of mobile devices. Consumers are increasingly using their mobile devices, laptops and tablets to play audio on speakers wirelessly, which is driving the growth of Wi-Fi and Bluetooth connected speakers. Companies such as Samsung, Sony, LG and Bose are launching wireless audio products. Regulations by government have always been challenging to the audio equipment market as loudspeakers usage is one of the main reasons for noise pollution. Noise pollution deteriorates both physiological and psychological health which may lead to health complications such as hypertension, anxiety, increased stress level and can even lead to coronary artery disease. In India, the Supreme Court passed a regulation which restricts the use of public address systems at night (between 10:00pm and 6:00am) and during cultural or festive occasions to not more than 15 days a year. These regulations are expected to negatively impact the growth of the audio equipment market. The demand for wireless audio equipment market is increasing rapidly due to the increasing popularity of mobile devices and changing media consumption behavior of consumers. Consumers are increasingly using mobile devices, tablets and laptops to wirelessly play audio on speakers. Such consumer behavior is driving the growth of Wi-Fi and Bluetooth connected speakers. To capitalize on the growing popularity of wireless audio equipment, manufacturers such as Samsung, LG, Sony, Bose, Denon, DTS and Qualcomm are also launching wireless audio products or platforms. Popular Wi-Fi audio equipment include Sonos Wi-Fi speakers, Bose’s SoundTouch system, and Amazon’s Echo speakers. In September 2019, the US based company, Sonance announced that it has entered into an agreement with James Loudspeaker to acquire James for an undisclosed amount. The aim of the deal is to combine engineering technology to reinforce their goal of providing superior acoustic performance in products by delivering innovative approaches. James Loudspeaker is a US based company and an innovator in both high performance residential and commercial audio solutions. It produces products for exclusive homes, forward-thinking businesses, and upscale marine applications. Major players in the audio equipment market are Sennheiser, Yamaha, Audio-Tehcnica, Shure, AKG, Blue, Lewitt Audio, Sony, Takstar, and MIPRO. Asia Pacific was the largest region in the audio equipment market in 2021. North America was the second-largest region in theaudio equipment market. The regions covered in the audio equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the audio equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The global audio equipment market is segmented - 1) By Type: Loudspeakers, Microphones, Amplifiers, Turntables, Others 2) By End-User: B2B, B2C 3) By Technology: Wired, Wireless 4) By Price Range: Low, Medium, High