The Latin America, Middle East and Africa Audio IC Market is expected to witness market growth of 10% CAGR during the forecast period (2021-2027).
The rising adoption of consumer electronics devices and the manufacturing of the latest energy-efficient audio gadgets with better customer experience are acting as catalysts for the market growth. Additionally, factors like the growing adoption of wireless & smart infrastructure along with the increasing demand for Hi-Fi audio at commercial events are spurring the growth of the market. Though, the increasing demand for audio SoCs and technical glitches & challenges regarding the combination of audio gadgets are some of the key restraints of the global audio IC market. In addition, the growing demand for onboard media entertainment systems and the expansion of VR technology is anticipated to accelerate the demand for the audio IC market.
Some companies like STMicroelectronics, Texas Instruments Incorporated, NXP Semiconductors, and Analog Devices provide a variety of audio ICs, which are compact, deliver ultra-low quiescent current, and combined features for many space restricted electronics & wearable applications in smartphones, tablets, automobiles, and others. With the help of digital audio system & digital audio, it becomes possible to achieve high-quality & room-filling sound, and enabling designing of space-constrained appliances like flat-screen TV and MP3 docking stations. Similarly, the combination of technique like multi-band dynamic range compression and highly flexible amplification helps in improving the sound and protection of speakers.
The Audio Amplifier market dominated the Saudi Arabia Audio IC Market by IC Type 2020, thereby, achieving a market value of $134.2 million by 2027. The Audio DSP market is showcasing a CAGR of 10.7% during (2021 - 2027). Additionally, The Audio Codecs market is expected to witness highest CAGR of 11.2% during (2021 - 2027).
Based on IC Type, the market is segmented into Audio Amplifier, Audio DSP, Audio Codecs and Microphone IC. Based on Application, the market is segmented into Mobile Phones, Smart Home & IoT devices, Computer & Tablets, Automotive, Headphones, Home Entertainment Systems, Wearables and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Analog Devices, Inc., Infineon Technologies AG, Renesas Electronics Corporation, NXP Semiconductors N.V., ON Semiconductor Corporation, STMicroelectronics N.V., Texas Instruments, Inc., Toshiba Corporation, AMS AG, and Cirrus Logic, Inc.
Scope of the Study
Market Segments covered in the Report:
By IC Type
By Application
By Country
Companies Profiled
Unique Offerings from the Publisher
The rising adoption of consumer electronics devices and the manufacturing of the latest energy-efficient audio gadgets with better customer experience are acting as catalysts for the market growth. Additionally, factors like the growing adoption of wireless & smart infrastructure along with the increasing demand for Hi-Fi audio at commercial events are spurring the growth of the market. Though, the increasing demand for audio SoCs and technical glitches & challenges regarding the combination of audio gadgets are some of the key restraints of the global audio IC market. In addition, the growing demand for onboard media entertainment systems and the expansion of VR technology is anticipated to accelerate the demand for the audio IC market.
Some companies like STMicroelectronics, Texas Instruments Incorporated, NXP Semiconductors, and Analog Devices provide a variety of audio ICs, which are compact, deliver ultra-low quiescent current, and combined features for many space restricted electronics & wearable applications in smartphones, tablets, automobiles, and others. With the help of digital audio system & digital audio, it becomes possible to achieve high-quality & room-filling sound, and enabling designing of space-constrained appliances like flat-screen TV and MP3 docking stations. Similarly, the combination of technique like multi-band dynamic range compression and highly flexible amplification helps in improving the sound and protection of speakers.
The Audio Amplifier market dominated the Saudi Arabia Audio IC Market by IC Type 2020, thereby, achieving a market value of $134.2 million by 2027. The Audio DSP market is showcasing a CAGR of 10.7% during (2021 - 2027). Additionally, The Audio Codecs market is expected to witness highest CAGR of 11.2% during (2021 - 2027).
Based on IC Type, the market is segmented into Audio Amplifier, Audio DSP, Audio Codecs and Microphone IC. Based on Application, the market is segmented into Mobile Phones, Smart Home & IoT devices, Computer & Tablets, Automotive, Headphones, Home Entertainment Systems, Wearables and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Analog Devices, Inc., Infineon Technologies AG, Renesas Electronics Corporation, NXP Semiconductors N.V., ON Semiconductor Corporation, STMicroelectronics N.V., Texas Instruments, Inc., Toshiba Corporation, AMS AG, and Cirrus Logic, Inc.
Scope of the Study
Market Segments covered in the Report:
By IC Type
- Audio Amplifier
- Audio DSP
- Audio Codecs
- Microphone IC
By Application
- Mobile Phones
- Smart Home & IoT devices
- Computer & Tablets
- Automotive
- Headphones
- Home Entertainment Systems
- Wearables
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Companies Profiled
- Analog Devices, Inc
- Infineon Technologies AG
- Renesas Electronics Corporation
- NXP Semiconductors N.V.
- ON Semiconductor Corporation
- STMicroelectronics N.V.
- Texas Instruments, Inc.
- Toshiba Corporation
- AMS AG
- Cirrus Logic, Inc.
Unique Offerings from the Publisher
- Exhaustive coverage
- Highest number of market tables and figures
- Subscription based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 3. Competition Analysis - Global
Chapter 4. LAMEA Audio IC Market by IC Type
Chapter 5. LAMEA Audio IC Market by Application
Chapter 6. LAMEA Audio IC Market by Country
Chapter 7. Company Profiles
Companies Mentioned
- Analog Devices, Inc
- Infineon Technologies AG
- Renesas Electronics Corporation
- NXP Semiconductors N.V.
- ON Semiconductor Corporation
- STMicroelectronics N.V.
- Texas Instruments, Inc.
- Toshiba Corporation
- AMS AG
- Cirrus Logic, Inc.
Methodology
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