Europe Class D Audio Amplifier Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type, Product, and Industry

Segment to Dominate Europe Class D Audio Amplifier Market During 2021-2028

According to a new market research study on “Europe Class D Audio Amplifier Market to 2028 - COVID-19 Impact and Regional Analysis and Forecast by Type, Product, and Industry” is expected to reach US$ 909.33 million by 2028 from US$ 510.97 million in 2021. The market is estimated to grow at a CAGR of 8.6% from 2021 to 2028. The report provides trends prevailing in the Europe class D audio amplifier market along with the drivers and restraints pertaining to the market growth. Increasing adoption of class D amplifiers in home audio systems and growing passenger car sales due to elevating disposable incomes and standards of living are the major factor driving the growth of the Europe class D audio amplifier market. However, insufficient price margin due to highly fragmented market hinders the growth of Europe class D audio amplifier market.

In case of COVID-19, Germany, Spain, Italy, the UK, and France are among the most affected European countries due to the outbreak. Businesses are suffering from financial crises as they had to either suspend their operations or reduce their activities substantially to abide by the social distancing norms and lockdown impositions. Europe is one of the major information technology (IT) hubs. Due to the presence of giant manufacturers, which are known for the high adoption of class D audio amplifier and other automation technologies, the class D audio amplifier market in Europe is expected to gain back its growth pace during the forecast period. Business shutdowns and travel bans have been restricting the growth of various sectors in Europe, which led to an economic slump in many European countries in 2020; this negative effect is likely to persist in 2021 as well. In addition to hampered supply, a fall in demand hit the manufacturing part of the sector’s supply chains including hardware. Demand was further contracted by confinements of industries such as the automobile sector (due to their face-to-face Business-to-Consumer (B2C) character), implying lower demand for class D audio amplifier. Companies in hard-hit countries such as Italy, France and Spain have faced operational disruptions, which further delayed their ability to finalize financial statements; this resulted in slowdown in investments in the class D audio amplifier market in the region.

The Europe class D audio amplifier market is segmented based on type, product, industry, and country. Based on type, the market is categorized into mono-channel, 2-channel, 4-channel, and 6-channel. The mono-channel segment dominated the Europe class D audio amplifier market in 2020 and 2-channel segment is expected to be fastest growing during forecast period. Based on product, the market is segmented into automotive infotainment systems, smartphones, television, and others. The others segment dominated the Europe class D audio amplifier market in 2020 and automotive infotainment systems segment expected to be fastest growing during forecast period. Based on industry, the market is segmented into the automotive, consumer electronics, and others. The consumer electronics segment dominated the Europe class D audio amplifier market in 2020 and automotive segment is expected to be fastest growing during forecast period. Based on country, the market is segmented into the UK, Germany, France, Italy, Russia, and rest of Europe.

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 Europe 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, STMicroelectronics introduced FDA901, a new Class-D audio amplifier IC. The new product offers high-fidelity car audio systems that are capable of self-diagnostics and other advanced functions to measure real-time speaker current and impedance

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• Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the class D audio amplifier market, as well as those hindering it
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