According to a market report by Lucintel, the future of the global audio line market looks promising with opportunities in the telecommunication, consumer electronic, automotive, and industrial instrumentation markets. The global audio line market is expected to reach an estimated $13 billion by 2030 from $9 billion in 2024 at a CAGR of 6.2% from 2024 to 2030. The major drivers for this market are growing demand of audio devices with improved quality, rising demand of noise-free audio devices in the automotive sector, and technological advancements in circuit designs.
A more
than 150-page report to understand trends, opportunity and forecast in global audio
line market to 2030 by product type (audio line drivers and audio line
receivers), application (telecommunications, consumer electronics, automotive,
industrial instrumentation, and others), and region (North America, Europe,
Asia Pacific, and the Rest of the World).
Lucintel
forecasts that audio line drivers will remain the larger segment over the
forecast period because it is used in analog audio as a line driver to drive
line-level analog signal outputs, along with its usage in analog audios,
digital systems, and other resources.
Within
this market, telecommunications will remain the highest growing segment over
the forecast period.
Download
sample by clicking on audio line market.
APAC will
remain the largest region over the forecast period due to increasing customer
spending, growing sale of consumer electronic devices, as well as strong
existence of semiconductors and consumer electronics companies in the countries
such as, China, Taiwan, Japan, and South Korea.
Texas
Instrumentation, THAT, Analog Devices, AudioControl, Maxim Integrated,
International Rectfier, ON Semiconductor, Diodes Incorporated, ISSI, DIOO
Microcircuits are the major suppliers in the audio line market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056
or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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