The global audio IC market size reached US$ 34.5 billion in 2023. The market is projected to reach US$ 59.4 billion by 2032, exhibiting a growth rate (CAGR) of 6.21% during 2023-2032. Escalating product demand in the professional audio industry, growing trend of device miniaturization, and continual technological advancements in the manufacturing of energy-efficient audio devices represent some of the key factors driving the market.
An audio integrated circuit is a discrete semiconductor device with an integrated set of circuits that perform the function of an audio transducer or a preamplifier. It is a single chip that performs all the essential functions of an audio circuit, including amplification, filtering, and input/output circuitry. Typically, this single-chip design provides enhanced sound quality, lower power consumption, and reduced manufacturing costs as compared to discrete audio circuits. The primary function of audio IC amplifier is to increase vibrations to the maximum range of signals without impacting frequency or any wavelength and help improve the efficiency of a system. The chip is primarily composed of built-in audio amplifier, audio processor, MEMS microphone, and subsystems. There is a wide range of audio integrated circuits (ICs), like audio amplifiers, audio DSPs, converters, and processors. There are many uses for audio integrated circuits, like automotive audio, professional audio, smart homes, and portable devices.
An audio integrated circuit is a discrete semiconductor device with an integrated set of circuits that perform the function of an audio transducer or a preamplifier. It is a single chip that performs all the essential functions of an audio circuit, including amplification, filtering, and input/output circuitry. Typically, this single-chip design provides enhanced sound quality, lower power consumption, and reduced manufacturing costs as compared to discrete audio circuits. The primary function of audio IC amplifier is to increase vibrations to the maximum range of signals without impacting frequency or any wavelength and help improve the efficiency of a system. The chip is primarily composed of built-in audio amplifier, audio processor, MEMS microphone, and subsystems. There is a wide range of audio integrated circuits (ICs), like audio amplifiers, audio DSPs, converters, and processors. There are many uses for audio integrated circuits, like automotive audio, professional audio, smart homes, and portable devices.
Audio IC Market Trends
The global market is primarily driven by the escalating product demand in the professional audio industry. This can be attributed to considerable growth in the media and communications sector. In line with this, the widespread adoption of consumer electronics devices, smart home appliances and advanced quality audio devices among the masses are augmenting the product uptake. Moreover, continual technological advancements in the manufacturing of energy-efficient and innovative audio devices with better user experience are resulting in an increased demand for audio ICs. The growing trend of device miniaturization is resulting in the development of application-specific CPUs and subsystems to incorporate the power to accommodate the compact size and weight of the computer. Additionally, rapid advancements in connected devices and the Internet of Things (IoT) technologies are resulting in the growing integration of audio ICs into a variety of industrial applications. Besides this, the increasing penetration of wireless and smart infrastructure, along with increased demand for high-definition audio at commercial events, is also propelling the market. The augmenting demand for SoC and technical flaws and problems involved with integrating audio devices are acting as major growth restraints for the audio IC market. In contrast, numerous innovations in the VR technology and increasing demand for on-board media entertainment systems is creating a positive market outlook. Some of the other factors contributing to the market include rapid urbanization, the advent of Industry 4.0, inflating disposable income levels and extensive research and development (R&D) activities.Key Market Segmentation:
The report provides an analysis of the key trends in each segment of the global audio IC market, along with forecasts at the global, regional, and country level from 2023-2032. The report has categorized the market based on IC type and application.IC Type Insights
- Audio Amplifier
- Audio DSP
- Audio Codecs
- Microphone IC
Application Insights
- Mobile Phones
- Computer and Tablets
- Headphones
- Home Entertainment Systems
- Automotive
- Smart Home and IoT Devices
- Wearables
- Others
Regional Insights
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
- Competitive Landscape
Key Questions Answered in This Report:
- How has the global audio IC market performed so far and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global audio IC market?
- What are the key regional markets?
- Which countries represent the most attractive audio IC markets?
- What is the breakup of the market based on the IC type?
- What is the breakup of the market based on the application?
- What is the competitive structure of the global audio IC market?
- Who are the key players/companies in the global audio IC market?
Table of Contents
1 Preface3 Executive Summary10 Value Chain Analysis12 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Audio IC Market
6 Market Breakup by IC Type
7 Market Breakup by Application
8 Market Breakup by Region
9 Drivers, Restraints, and Opportunities
11 Porters Five Forces Analysis
13 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- Analog Devices Inc.
- Cirrus Logic Inc.
- Infineon Technologies AG
- NXP Semiconductors N.V.
- onsemi
- Renesas Electronics Corporation
- ROHM Co. Ltd.
- STMicroelectronics N.V.
- Texas Instruments Incorporated
- Toshiba Corporation
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 142 |
| Published | January 2024 |
| Forecast Period | 2023 - 2032 |
| Estimated Market Value ( USD | $ 34.5 Billion |
| Forecasted Market Value ( USD | $ 59.4 Billion |
| Compound Annual Growth Rate | 6.2% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
