Industry Background:
audio IC allowed to deliver high-quality and room-filling sound, equally allowed to design MP3 tying up stations, space unnatural application like flat-screen TV. In the same approach, integration of techniques like multi-band dynamic vary compression and full versatile amplification created it attainable to boost the sound and protection of speakers.This growth is primarily driven by Growth Demand for Smart Home Devices and Professional Audio Market and Need for Compact and Energy-Efficient Audio IC.
Globally, a noticeable market trend is evident Miniaturization Has Augmented the Demand for Integrated Power for Application-Specific Processors and Subsystems. Major Players, such as STMicroelectronics (Switzerland), TDK-Micronas GmbH (Switzerland), NJR Corporation (United States), Eletech Enterprise Co. Ltd. (Taiwan), CML Microcircuits (United Kingdom), Holtek Semiconductor Inc. (Taiwan), Zoran Corp (United States), Sony (Japan), Atmel (United States), AKM Semiconductor (United States) and Realtek Semiconductor Corp. (Taiwan) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In 2020, STMicroelectronics, a global semiconductor leader serving customers across the spectrum of electronics applications Acquires Power Amplifier and RF Front-End-Module Specialist SOMOS Semiconductor. This acquisition will strengthen the capacity to develop and offer stand-alone and STM32-based connectivity solutions.
In 2021, NJR launched buck-boost DC / DC Converter NJW4210 with a built-in output voltage switching function for USB PD. it can support power supplies of various equipment such as mobile, PC, printer, and LCD monitor.
Market Drivers
- Growth Demand for Smart Home Devices and Professional Audio Market
- Need for Compact and Energy-Efficient Audio IC
Market Trend
- Miniaturization Has Augmented the Demand for Integrated Power for Application-Specific Processors and Subsystems
Restraints
- Stringent Regulations Regarding Environment and Energy Efficiency
Opportunities
Rise in Demand for On-Board Media Entertainment Systems and Development of VR Technology
Challenges
Increase in Demand for Audio SOCs and Technical Faults and Issues Associated with Integration of Audio Devices
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Audio IC Study Sheds Light on
— The Audio IC Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Audio IC industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
— Where Audio IC industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
— How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.