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Power Amplifier Market to Rake in Over US $2.8 Billion by 2022 | Industry Forecast by Type, Technology, Application(May 19, 2018)
Power Amplifier Market
Power amplifiers are subcategory of general amplifier systems used for amplifying wireless signals. They are one of the most advanced forms of amplifying technology that currently exist. Power amplifiers find application in a wide range of consumer electronics manufacturing. Advances in amplifier technology and strong smartphone penetration across the globe are two major factors driving the global power amplifier market.
The latest report published by Market Research Future (MRFR) projects that the global Power Amplifier Market will soar at a double-digit CAGR of 16% from 2016 to 2022, reaching a valuation of more than 2 Billion.
Development of technologically advanced and robust wireless networks has been instrumental in driving the global power amplifier market. The boom in popularity of mobile communication and the subsequent arrival of high-speed networks (3G, LTE or 4G and 5G) has led to a greater demand for power amplifier to overcome the issues of network traffic. Over the years, the number of internet users has increased manifolds, in turn, imparting a greater pressure on wireless network systems. Incessant improvement network standard has resulted in development of wide range of frequency bands that are capable of receiving and transmitting high-density signals at super-fast speeds. The aforementioned factors are likely to support the sales of power amplifiers during the forecast period.
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Manufacturers are actively focusing of product improvement and releasing updated products that are compatible with other electronics devices such as smartphones, audio system, laptop, PCs etc. Having a robust and reliable connectivity system is a must-have feature for modern electronic devices. Nonetheless, several performance issues associated with power amplifiers continue pose a major challenge to manufacturers.
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Broadcast Electronics reportedly set to merge with a pair of companies based in Italy. The merger will allow the company to explore new growth avenues.
Power Amplifier Market – Segmental Analysis
MRFR in its report has offered a detailed segmental analysis of the market based on technology, application and type. By technology, the market has been segmented into GaN RF Power Amplifiers and GaAs RF Power Amplifiers, By application, the market has been segmented into tablets, audio equipment, smartphone and PCs & laptops. By type, the market has been segmented into radio-power amplifiers and audio-power amplifiers.
Power Amplifier Market – Competitive Dashboard
Some of leading market players mentioned in MRFR’s report include Infineon Technologies (Germany), Skyworks Solutions (U.S.), Qorvo (U.S.), QSC, LLC (U.S.), Peavey Electronics Corporation (U.S.), Broadcom Limited (U.S.), Texas Instruments (U.S.), TriQuint Semiconductor (U.S.), Yamaha Corporation (Japan) and Maxim Integrated (U.S.). The global market for power amplifiers is highly fragment with a large number of small, mid and large scale manufacture. This nature of the market makes highly competitive and thereby has a potent entry barrier for new entrants.
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Asia-Pacific (APAC) is expected to stay at the forefront of the global power amplifier market over 2022. Currently, the region commands for nearly 63% share of the global market. A fast growing economy and presence of high number of power amplifier manufacturers is providing an impetus to the market in APAC. Moreover, rapid development of telecommunication infrastructure and increasing internet penetration in countries such India and China is also reflecting favourably on the region’s market.
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