Middle East and Africa Audio IC and Audio Amplifiers Market
No. of Pages: 127 | Report Code: TIPRE00025348 | Category: Electronics and Semiconductor
No. of Pages: 127 | Report Code: TIPRE00025348 | Category: Electronics and Semiconductor
Saudi Arabia, South Africa, and the UAE are among the key countries in the MEA. This region is predicted to experience rapid growth in industrialization and commercialization in the coming years. Several Gulf countries are economically developed, while the African countries are lagging far behind them and are in developing stage. The lack of unskilled workers, extremity of weather conditions, and high wages of laborers act as barriers in the establishment of manufacturing plants in the Gulf countries. The logistics players in the countries in the Middle East are looking forward to offering value-added services for various industries. Cities such as Abu Dhabi and Dubai are on the verge of becoming global hubs for manufacturing. Saudi Arabia is experiencing remarkable development due to the required support from government for the industrialization in Al Jubail and Yanbu, among other cities. Furthermore, plastics, rubber, printing and publishing, food & beverages, oil & gas, base metals, petroleum, and electrical equipment and machinery are among the key manufacturing industries in Dubai. The booming tourism and hospitality sector in the Gulf Corporation Council (GCC) countries is one of the important contributors to the audio IC and audio amplifier market growth in this region. Many hotels and motels install smart television sets in rooms and suites; a consequent rise in the manufacturing of these television sets boosts the demand for audio IC and amplifiers. The governments of GCC countries are focusing on reducing the dependence on the oil & gas sector for their economic growth. As a part of this, they are chalking plans for the development of non-oil industries such as tourism and hospitality, healthcare, and manufacturing. With expanding reach of electronic devices and internet, the digital revolution is gaining momentum in the MEA region drastically
Based on audio amplifier class, the class D segment led the MEA audio IC and audio amplifiers market in 2020. Class D amplifiers use pulse-width modulation (PWM) to produce a rail-to-rail digital output signal with a variable duty cycle to approximate the analog input signal. Electronics vendors commonly use high-efficiency, filter less, analog-input Class D amplifiers to manage the power requirements of portable audio speakers found in cell phones, tablet computers, and personal navigation devices. The growing use of portable devices such as smart speakers, soundbars, and headphones in home audio systems fuels the demand for class D audio amplifiers as they dissipate less heat and offer extended battery life. They also provide extended functionalities for live streaming music and news, setting alarms, and ordering household supplies.
Major countries facing the economic impact of COVID-19 include Iran, Saudi Arabia, UAE, Egypt, Morocco, and Kuwait. The region is projected to register a swift decline in the supply of raw materials and products from various manufacturers across North America, Europe, and Asia-Pacific. These regions have halted their production activities, which subsequently disrupted the import of components and products to other countries and regions. Moreover, the recent nationwide lockdowns across South Africa, Saudi Arabia, and the UAE have negatively impacted the development of audio IC and audio amplifiers. Hence, the region is expected to witness a slight decline in its various countries' market growth during the coming few months. Therefore, the overall impact of COVID-19 on the MEA region is moderate.
MEA audio IC and audio amplifiers market is segmented into audio IC type and audio amplifier and country. Based on audio IC type, the MEA audio IC and audio amplifiers market is segmented into (A/D converter IC, processor IC, amplifier IC, D/A converter IC, and others. The market is led by amplifier IC segment with highest share in 2020. Based on audio amplifier class, the MEA audio IC and audio amplifiers market is segmented into Class A/B, Class D, Class G, and Class H. The Class D segment led the market in 2020 with highest share. Based on country, the MEA audio IC and audio amplifiers market is segmented into Saudi Arabia, South Africa, UAE, and rest of MEA. China held the largest market share in 2020.
A few major primary and secondary sources referred to for preparing this report on the audio IC and audio amplifiers market in MEA are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Infineon Technologies AG; Maxim Integrated; NXP Semiconductors N.V.; Renesas Electronics Corporation; Semiconductor Components Industries, LLC; STMicroelectronics; Texas Instruments Incorporated; and Toshiba Corporation.
The Middle East and Africa Audio IC and Audio Amplifiers Market is valued at US$ 1,102.99 Million in 2021, it is projected to reach US$ 1,712.87 Million by 2028.
As per our report Middle East and Africa Audio IC and Audio Amplifiers Market, the market size is valued at US$ 1,102.99 Million in 2021, projecting it to reach US$ 1,712.87 Million by 2028. This translates to a CAGR of approximately 6.5% during the forecast period.
The Middle East and Africa Audio IC and Audio Amplifiers Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East and Africa Audio IC and Audio Amplifiers Market report:
The Middle East and Africa Audio IC and Audio Amplifiers Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East and Africa Audio IC and Audio Amplifiers Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East and Africa Audio IC and Audio Amplifiers Market value chain can benefit from the information contained in a comprehensive market report.
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