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The Asia Pacific region is witnessing healthy growth owing to inflating disposable income and rapid urbanisation. Moreover, the exponential rise in population in the region is increasing the demand for consumer electronics significantly, therefore propelling the market growth. In addition, the rising demand for smart speakers, on-head earphones, and smart homes in emerging economies like India and China are propelling the market growth. Many of the countries in the region are manufacturing hubs of automobiles and consumer electronics that use speaker amplifiers extensively. This is further boosting the market growth in the region. Moreover, the adoption of the latest technologies in Japan and South Korea are increasing the demand for an advanced speaker amplifier, hence augmenting the market growth and contributing significantly to the expansion of the overall industry.
Cirrus Logic, Inc. (NASDAQ: CRUS), one of the leading players in the market, launched the CS35L45 boosted amplifier in March 2021. The boosted amplifier offers consumers a new level of audio enjoyment for a richer and more immersive audio experience from smartphones, tablets, and mobile gaming devices. The amplifier delivers a higher excursion of high-peak loudness, improved dynamic range for more punch and bass precision, more tonal balance at all volume levels, and less noise and audible artifacts. This would enable mobile devices manufacturers to push audio performance to new industry benchmarks. It has a Class-D audio amplifier with DSP to easily integrate into a stereo or multi-speaker playback solution for next-generation high-end mobile devices and improving performance in mid-tier devices without upgrading the device’s speakers. The development of such advanced products by the leading companies is expected to fuel the market growth.
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The major players in the global market for speaker amplifier are Analog Devices, Inc., Cirrus Logic, Inc., ICEpower a/s, Infineon Technologies AG, NXP Semiconductor, Semiconductor Components Industries, LLC, and Rohm Co., Ltd., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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