DUBLIN--(BUSINESS WIRE)--The "North America Class D Audio Amplifier Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type, Product, and Industry" report has been added to ResearchAndMarkets.com's offering.
Mono-Channel Segment to Dominate North America Class D Audio Amplifier Market During 2021-2028
North America Class D Audio Amplifier Market is expected to reach US$ 1,066.80 million by 2028 from US$ 587.92 million in 2021. The market is estimated to grow at a CAGR of 8.9% from 2021 to 2028.
The report provides trends prevailing in the North America class D audio amplifier market along with the drivers and restraints pertaining to the market growth. Rising passenger car sales due to elevating disposable incomes and standards of living and growing adoption of class D amplifiers in home audio systems are the major factor driving the growth of the North America class D audio amplifier market. However, less margin due to highly fragmented market hinders the growth of North America class D audio amplifier market.
In case of COVID-19, the US got the highest no. of cases in North America. The COVID-19 pandemic has been affecting every business globally since December 2019. The continuous growth in North America is one of the leading regions in terms of the development and adoption of new technologies; this is mainly attributed to favorable government policies that boost innovation and strengthen the infrastructure capabilities.
Hence, any impact on growth of the industrial sector hampers the economic growth of the region. Presently, the US is the world's worst-affected country due to the COVID-19 outbreak. According to a 2021 report by the World Trade Organization (WTO), North America would account for a significant share (11.4%) of the demand for traded goods due to large fiscal injections in the US, which should also stimulate other economies through the trade channel.
This has led to a stagnant demand for the class D audio amplifiers in the region as there are several restraining factors. The COVID-19 pandemic has presented numerous challenges to the entertainment sector. People are not as consumed as earlier. The imposition of lockdown by various country and state governments has resulted in the slowdown of class D audio amplifier production.
Analog Devices, Inc; ICEpower a/s; INFINEON TECHNOLOGIES AG; Maxim Integrated; NXP Semiconductors N.V.; ON Semiconductor Corporation; Qualcomm Technologies, Inc.; Silicon Laboratories, Inc.; STMicroelectronics N.V.; and Texas Instruments Incorporated are among the leading companies in the North America class D audio amplifier market.
The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2020, Infineon Technologies AG self-contained Raspberry Pi audio amplifier HAT (Hardware Attached on Top) board. The product offers minimum size and power efficiency, and HD audio quality for Raspberry Pi users and makers.
Key Topics Covered:
1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.2 Secondary Research
3.3 Primary Research
4. North America Class D Audio Amplifier Market Landscape
4.1 Market Overview
4.2 North America PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. North America Class D Audio Amplifier Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Passenger Car Sales Due to Elevating Disposable Incomes and Standards of Living
5.1.2 Growing Adoption of Class D Amplifiers in Home Audio Systems
5.2 Market Restraints
5.2.1 Less Margin Due to Highly Fragmented Market
5.3.1 Surging Demand for Electric Vehicles
5.4 Future Trends
5.4.1 Increasing Trend of AI-Enabled Smart Speakers
5.5 Impact Analysis of Drivers and Restraints
6. Class D Audio Amplifier Market - North America Analysis
6.1 North America Class D Audio Amplifier Market Overview
6.2 North America Class D Audio Amplifier Market Revenue Forecast and Analysis
7. North America Class D Audio Amplifier Market Analysis - By Type
7.2 Mono Channel
7.2.1 Mono Channel Market Revenue and Forecasts to 2028 (US$ Million)
8. North America Class D Audio Amplifier Market Analysis - By Product
8.2 Automotive Infotainment Systems
9. North America Class D Audio Amplifier Market Analysis - By Industry
9.3 Consumer Electronics
10. North America Class D Audio Amplifier Market - Country Analysis
11. North America Class D Audio Amplifier Market - COVID-19 Impact Analysis
11.1 North America: Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.2 Market Initiative
13. Company Profiles
- Analog Devices, Inc
- ICEpower a/s
- INFINEON TECHNOLOGIES AG
- Maxim Integrated
- NXP Semiconductors N.V.
- ON Semiconductor Corporation
- Qualcomm Technologies, Inc.
- Silicon Laboratories, Inc.
- STMicroelectronics N.V.
- Texas Instruments Incorporated
For more information about this report visit https://www.researchandmarkets.com/r/rg6cca