Global Audio IC and Audio Amplifiers Market is Projected to Reach USD 8511 million USD by 2025

Description :

The Audio IC Market industry was 5610.85 million USD in 2017 and is projected to reach USD 8511.18 million USD by 2025, at a CAGR (Compounded Annual Growth Rate) of 5.35% between 2017 and 2025. The Audio Amplifiers industry was 1868.70 million USD in 2017 and is projected to reach USD 3025.34 million USD by 2025, at a CAGR (Compounded Annual Growth Rate) of 6.21% between 2017 and 2025. The market is driven by various end-user industries, such as smartphones, computer, automotive markets, professional audio markets, commercial audiology markets, etc.
Audio IC are high-precision products, this industry need a long product development cycle, design requirements, capital investment, complex technology process, with a higher threshold. Therefore, it formed a high degree concentration, monopolized by semiconductor manufacturers’ competitive landscape.
At present, in the foreign industrial developed countries the Audio IC industry is generally at a more advanced level, the world's large enterprises are mainly concentrated in the United States. Meanwhile, foreign companies have more mature equipment, strong R & D capability, the technical level is in a leading position.
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As the downstream consumption usually follows with developed and rapid economic growth areas, such as BRICS, the developed areas’ company prefers investing to underdevelopment regions these years.
Chinese Audio IC industry has developed into a national industry with certain research, currently China has become international Audio IC large consumption country, but the Audio IC product are almost the low-end product. There is no competitive in the international market.
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