Audio Line Market Report

Market Insights

The Audio Line Market is estimated to grow from USD xx million in 2020 to USD xx million by 2026 at a healthy CAGR of xx% during the forecast period.

Figure: Audio Line Market Size, 2020-2026 (USD Million)

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What is audio line?

Audio line products consist of audio line receivers and drivers which feature differential-input and output buffer amplifiers to support a broad range of applications that involve high performance ratio, sine/cosine encoders, analog to digital converters, and other professional and consumer uses.

Key Players

Key players operating in the audio line market are-

• Texas Instrumentation (US)
• Analog Devices (US)
• AudioControl (US)
• Maxim Integrated (US)
• International Rectifier (US)
• ON Semiconductor (US)
• Diodes Incorporated (US)
• ISSI (US)
• DIOO Microcircuits (US).

Market Dynamics

Some of the factors are expected to boost the market growth are-

• rising demand for audio devices of improved audio quality
• upgradations in circuit designs
• growing demand for noise-free audio devices in the automotive sector
• developments in the semiconductor sector.

In addition, audio line parts maintain the sonic quality of audio systems by removing the power line hum, RF interference, voltage drops, and other ambient noise which is generally encountered with long audio cable runs, further augmenting the market growth.

Segment's Analysis

Type Trends

Based on type, the audio line market is classified into audio line drivers and audio line receivers. The audio line drivers segment held a significant market share in 2020 and is estimated to register a healthy CAGR during the forecast timeline. A line driver is an electronic amplifier circuit developed for driving a load such as a transmission line. In analog audio, a line driver is primarily used to drive line-level analog signal outputs. Line drivers are widely used in analog audios, digital systems, and others, which is further boosts the segment growth.

Regional Trends

By region, the Asia-Pacific market held a significant share in 2020 and is expected to grow at a substantial CAGR in the following years. This is mainly attributed to growing product adoption in electronic devices as well as rising sales of consumer electronics in the region. Also, the strong presence of semiconductors and consumer electronics companies in the countries of China, Taiwan, Japan, and South Korea, further proliferates the regional market growth.

COVID-19 Impact on Audio Line Market

The COVID-19 outbreak has moderately affected the audio line industry. Rising coronavirus cases across the globe resulted in stringent social distance and lockdown norms across the globe, which led to supply chain disruption, thus affecting the product demand.

Critical Questions Answered in the Report

• What are the key trends in the audio line market?
• How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
• What is the impact of COVID-19 on the audio line market?
• What are the key strategies adopted by the major vendors to lead in the audio line market?
• What is the market share of the top vendors?

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Target Audience

The following is a list of the customers that the audio line market aims to convert the most:

• Audio line vendors
• Audio line retailers
• Consumer electronics companies
• Automotive companies

Custom Research: Stratview research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].