Audio Semiconductor Market Trends and Forecast
The future of the global audio semiconductor market looks promising with opportunities in the portable audio, computer audio, home audio, and automotive audio markets. The global audio semiconductor market is expected to grow with a CAGR of 7.3% from 2024 to 2030. The major drivers for this market are rise of smart speakers & voice assistants, growing demand for audio processing chips, and increasing adoption of high-resolution audio.
• Lucintel forecasts that audio amplifier is expected to witness the highest growth over the forecast period.
• Within this market, portable audio is expected to witness the highest growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the Audio Semiconductor Market
• United States: Qualcomm has launched new audio semiconductor solutions targeting 5G-enabled audio devices, supported by government initiatives to advance wireless technology infrastructure.
• China: Huawei has announced collaborations with local semiconductor companies to develop AI-powered audio chips, aligning with ChinaÄX%$%Xs push for technological innovation in consumer electronics.
• South Korea: Samsung Electronics has invested in R&D for low-power audio semiconductor chips, aiming to enhance battery life in portable audio devices, in line with government goals to foster semiconductor technology leadership.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Audio Semiconductor Market by Segment
The study includes a forecast for the global audio semiconductor market by type, application, and region.
Audio Semiconductor Market by Type [Value from 2018 to 2030]:
• Audio Amplifiers
• CODECs
• DSPs
• SoCs
Audio Semiconductor Market by Application [Value from 2018 to 2030]:
• Portable Audio
• Computer Audio
• Home Audio
• Automotive Audio
• Others
Audio Semiconductor Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Audio Semiconductor Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies audio semiconductor companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the audio semiconductor companies profiled in this report include-
• Cirrus Logic
• Qualcomm
• Texas Instruments
• Analog Devices
• Realtek
• Bestechnic
• Dialog Semiconductor
• Synaptics
• NXP Semiconductors
• ROHM
Recent Development in the Audio Semiconductor Market
• Texas Instruments: Texas Instruments has introduced the TAS2770 audio amplifier with integrated speaker protection and noise reduction features. This development addresses the need for compact, efficient audio solutions in consumer electronics and automotive applications, ensuring superior audio quality and reliability.
• Analog Devices: Analog Devices has unveiled the ADAU1787 audio DSP, designed for noise cancellation and audio beamforming in smart speakers and IoT devices. This DSP solution enhances voice recognition accuracy and sound quality, supporting the integration of AI and IoT functionalities in audio systems.
• STMicroelectronics: STMicroelectronics has launched the STA350BW digital audio system-on-chip, offering high efficiency and power management for automotive audio applications. This chip enables energy-efficient audio amplification and processing, contributing to enhanced in-car audio experiences and reduced power consumption.
• NXP Semiconductors: NXP Semiconductors has announced the i.MX 8M Mini family of audio processors, optimized for applications in smart speakers and voice-controlled devices. These processors support high-performance audio processing and voice recognition capabilities, facilitating seamless integration of AI and IoT functionalities.
• Infineon Technologies: Infineon Technologies has developed the MERUS™ class D audio amplifier solutions, providing high-fidelity audio performance with low power consumption. These amplifiers are ideal for wireless speakers and headphones, meeting the demand for energy-efficient audio solutions in portable devices.
Features of the Global Audio Semiconductor Market
Market Size Estimates: Audio semiconductor market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Audio semiconductor market size by type, application, and region in terms of value ($B).
Regional Analysis: Audio semiconductor market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the audio semiconductor market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the audio semiconductor market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for audio semiconductor market?
Answer: The global audio semiconductor market is expected to grow with a CAGR of 7.3% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the audio semiconductor market?
Answer: The major drivers for this market are rise of smart speakers & voice assistants, growing demand for audio processing chips, and increasing adoption of high-resolution audio.
Q3. What are the major segments for audio semiconductor market?
Answer: The future of the audio semiconductor market looks promising with opportunities in the portable audio, computer audio, home audio, and automotive audio markets.
Q4. Who are the key audio semiconductor market companies?
Answer: Some of the key audio semiconductor companies are as follows:
• Cirrus Logic
• Qualcomm
• Texas Instruments
• Analog Devices
• Realtek
• Bestechnic
• Dialog Semiconductor
• Synaptics
• NXP Semiconductors
• ROHM
Q5. Which audio semiconductor market segment will be the largest in future?
Answer: Lucintel forecasts that audio amplifier is expected to witness the highest growth over the forecast period.
Q6. In audio semiconductor market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the audio semiconductor market by type (audio amplifiers, CODECs, DSPs, and SoCs), application (portable audio, computer audio, home audio, automotive audio, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Audio Semiconductor Market, Audio Semiconductor Market Size, Audio Semiconductor Market Growth, Audio Semiconductor Market Analysis, Audio Semiconductor Market Report, Audio Semiconductor Market Share, Audio Semiconductor Market Trends, Audio Semiconductor Market Forecast, Audio Semiconductor Market Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.