Skip to main content

Increasing Seaborne Trade Across The Globe To Propel Port Equipment Market

The factors that are expected to fuel the growth of the port equipment market are the increasing seaborne trade across the globe and the growing number of container shipments in Asia Pacific and the Middle East. Various countries have been focusing on developing new ports owing to the increase in vessel count and trade volume. According to the International Chamber of Shipping, 90% of the world’s trade is carried out through seaways as they are ideal for heavy and bulk goods, have large carrying capabilities, and offer competitive freight costs. The global port equipment market size is expected to grow from USD 29.2 billion in 2018 to USD 36.6 million by 2023, at a CAGR of 3.30% during the forecast period. The major driving factors for the port equipment market are the increasing seaborne trade across the globe and the growing number of container shipments in Asia Pacific and the Middle East. Based on equipment type, the straddle carriers segment is estimated to lead the port equipm
Post a Comment

Growing Traction Of In-Vehicle Infotainment Systems To Promote Audio Amplifier Market Till 2024

 The global Audio Amplifier Market is projected to grow from USD 3.4 billion in 2019 to USD 4.4 billion by 2024, at a CAGR of 5.6% during the forecast period. Major factors driving the growth of the audio amplifier market include increasing popularity of consumer electronic devices across the globe, growing traction of in-vehicle infotainment systems, rising demand for energy-efficient technologies in portable audio devices, and increasing demand for high-quality audio output.

The audio amplifier market for home audio systems is projected to grow at the highest CAGR during the forecast period. Different types of amplifiers such as Class A, Class B, and Class AB are used in home audio systems. The growing demand for portable devices such as smart speakers, soundbars, and headphones used in home audio systems has led to the increased use of Class D architecture amplifiers as they dissipate less heat and offer extended battery life. The growing use of smartphones to stream music to smart speakers is also fueling the demand for audio amplifiers. Moreover, these devices also offer extended functionalities for live streaming of music and news, setting alarms, and ordering household supplies. Thus, increasing demand for home audio systems is contributing to the growth of audio amplifier market across the globe.

Browse In-depth Insights: https://www.marketsandmarkets.com/Market-Reports/audio-amplifier-market-187106441.html

The audio amplifier market for entertainment is projected to grow at the highest CAGR from 2019 to 2024. The launch of new models of audio equipment and a significant rise in the popularity of digital equipment are factors driving the demand for professional audio equipment. The rising tendency of substantial expenditures on global festivals and music concerts is likely to propel the requirement for professional audio equipment, thereby contributing to the growth of the audio amplifier market. Increase in the number of trade shows, motion production and films, exhibitions, music concerts, and sports events is expected to lead to rise in demand for professional audio equipment. This, in turn, is likely to contribute to an increased demand for audio amplifiers to efficiently distribute sound in large venues.

The audio amplifier market in China is projected to grow at a significant rate from 2019 to 2024.

The audio amplifier market in China is projected to grow at a significant rate during the forecast period. China is a global manufacturing hub for the automotive, entertainment, and consumer electronics industries. Considering its growing population and flourishing economy, it is one of the largest markets for consumer electronics such as smart speakers, professional audio systems, smartphones, and television sets. Moreover, China being a global manufacturing hub, holds immense potential for the automotive industry. These factors are expected to augment the growth of the audio amplifier market in China.

Key players operating in the audio amplifier market are STMicroelectronics (Netherlands), Texas Instruments (US), NXP Semiconductors (Netherlands), Maxim Integrated Product Inc. (US), Analog Devices (US), Cirrus Logic (US), Toshiba Electronic Devices & Storage Corporation (Japan), Infineon Technologies (Germany), ON Semiconductor Corp. (US), Qualcomm Incorporated (US), ROHM Semiconductor (Japan), Monolithic Power Systems Inc. (US), Silicon Laboratories Inc. (US), ICEPower A/S (Denmark), Nuvoton (Taiwan), Tempo Semiconductor (US), Renesas Electronics (Japan), Dialog Semiconductors (UK), Integrated Silicon Solutions Inc. (US), and Dioo Microcircuits (China).

STMicroelectronics (Netherlands) has a broad portfolio of audio amplifiers including linear and Class D audio amplifiers. In June 2018, the company launched digital input audio amplifiers – FDA803D and FDA903D with automotive diagnostics. These amplifiers simplify integration and maximize the reliability of telematics and emergency e-call equipment and acoustic vehicle alerting systems (AVAS) in hybrid/electric vehicles. They also enhance the performance of high-end infotainment systems. The key strategy of STMicroelectronics is to balance the proportion of its overall sales with its sales in the US due to the fluctuating exchange rates. It also focuses on achieving technological excellence through R&D activities. The company is receiving funds from the Government of France under the Nano–2017 agreement. The digital range of audio amplifiers and Class D amplifiers launched by STMicroelectronics reflect its focus on expanding its product portfolio by developing audio amplifiers that have noise immunity, high energy efficiency, and configurability.

Texas Instruments (US) offers a range of audio amplifiers used in speakers, headphones, and audio operational amplifiers. The company is one of the pioneers in the audio amplifier market. It has adopted product launches as a key business strategy to expand its customer base and increase its revenue. For instance, in June 2018, Texas Instruments launched three digital-input Class D audio amplifiers that enable engineers to deliver high-quality audio for smart home and voice-enabled applications. These amplifiers are designed for personal electronic devices such as smart speakers, soundbars, television sets, notebooks, and projectors with any power level.

Get Sample Here: https://www.marketsandmarkets.com/requestsampleNew.asp?id=187106441

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441

Comments

Post a Comment

Popular posts from this blog

Molecular Diagnostics Market Is Prospective To Reach $15.94 Billion By 2027 | CAGR Of 8.4%

The global  molecular diagnostics market  size is projected to reach USD 11.54 billion by 2023 from USD 7.71 billion in 2018, at CAGR of 8.4%.  Growth in this market is driven by the high prevalence of infectious diseases and various types of cancers, increasing awareness and acceptance of personalized medicine and companion diagnostics, growth in the biomarker identification market, and advancements in molecular techniques. The molecular diagnostics market is segmented on the basis of product and service, application, technology, end user, and region. Based on product and service, the market is broadly segmented into reagents and kits, instruments, and services and software. The reagents and kits segment is expected to register the highest CAGR during the forecast period. Growth in this segment can primarily be attributed to the availability of a wide range of reagents and kits, rising use of reagents and kits in different therapeutic areas (such as infectious diseases and oncol
Post a Comment
Read more

Flavors And Fragrances Market is Expected to Reach USD 24.13 Billion By 2022

The  flavors and fragrances market  is expected to grow from an estimated  USD 21.15 billion in 2017 to USD 24.13 billion by 2022, at a CAGR of 2.67% between 2017 and 2022.  The growing demand for flavors & fragrances from end-use industries such as food & beverage and consumer goods is expected to drive the flavors & fragrances market. The flavors & fragrances market is also expected to grow due to rising demand for consumer products and changing consumer preferences for convenience food products. The market has been segmented on the basis of ingredients, end use, and region. Based on ingredients, the natural ingredients segment is projected to grow at the highest CAGR between 2017 and 2022. This growth of the natural ingredients segment is attributed to the strict regulations related to the use of synthetic flavors & fragrances and growing awareness among populations concerning health and wellness. Download PDF Brochure:  https://www.marketsandmarkets.co
Post a Comment
Read more

Air Traffic Control Market Growth Driving Factors and Research Report, 2025

Increasing demand for scalable air traffic navigation services is fueling the remote tower market. The remote tower system is a remote air traffic control (ATC) room with video-sensor-based surveillance instead of the conventional out-of-the-window view from a real tower. Factors such as modernization of air traffic management (ATM) infrastructure, an increase in the number of airports in emerging economies, and the need for efficient airspace management are anticipated to drive the growth of the air traffic control market. The  global air traffic control market size  is projected to grow from USD 9.3 billion in 2019 to USD 12.3 billion by 2025, at a CAGR of 4.8%. Factors such as modernization of air traffic management (ATM) infrastructure, an increase in the number of airports in emerging economies, and the need for efficient airspace management are anticipated to drive the growth of the air traffic control market. Remote tower systems are gaining popularity as they are cost-effective
Post a Comment
Read more