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The global automotive amplifier market size was valued at USD 4.39 billion in 2023. The market is projected to grow from USD 4.65 billion in 2024 to USD 8.06 billion by 2032, exhibiting a CAGR of 7.1% during the forecast period.
Automotive amplifiers, often called car amplifiers or audio amplifiers, are devices designed to increase acoustic signal power before transmitting it to speakers in advanced vehicle audio systems. These amplifiers play a decisive role in enhancing the audio system's sound quality and volume in cars, trucks, and other vehicles. These amplifiers are classified based on their circuit designs and efficiency. Common amplifier classes include Class A, Class AB, Class D, and Class H. Class D amplifiers, for example, are known for their high efficiency and are commonly used in car audio systems due to their ability to deliver more power with less heat generation.
The integration of advanced audio systems with high-performance amplifiers in premium and electric vehicles is gaining momentum, driven by consumer demand for superior in-car entertainment. However, high costs associated with premium amplifiers and cost constraints in mass-market vehicles limit the widespread adoption. Rising consumer preference for enhanced audio experiences, along with the growing popularity of electric and premium vehicles, fuels market growth.
Major players in the automotive amplifier market are forging collaborations with OEM car manufacturers providing factory-fitted amplifier technology integrated into vehicle infotainment systems, helping them stay ahead of the competition. Moreover, companies developing and offering advanced systems and audio technologies thrive the competition in the market over the forecast period 2024-2032.
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Growing Demand for Electric Vehicles to Boost Market Growth
Electric vehicles focus on energy efficiency to extend driving range, enabling automotive amplifier manufacturers to create models that use less power while delivering great sound quality. EVs' unique power needs have sparked innovation in amplifier design, with new technologies and setups being explored to ensure compatibility with these vehicles. Additionally, the quitter nature of electric cars enhances the importance of top-notch audio systems, as there is no engine noise. Connected EVs come with advanced entertainment systems where amplifiers are vital in delivering rich audio and navigation. These systems can integrate with devices, such as smartphones, providing on-the-go entertainment and connectivity. Growing advancements in sound technology and EV popularity will drive market expansion.
The market share of electric vehicles increased significantly after the COVID-19 pandemic. For instance, as per the International Energy Agency (IEA), in 2023, the share of electric vehicles increased by more than three times since 2020, with 14% sales in 2023 compared to 4% in 2020. The exponential increase in sales of electric vehicles is expected to fuel the automotive amplifier market growth.
Increasing Penetration of Counterfeit Amplifiers May Restrain Market Growth
Counterfeit automotive amplifiers are currently impeding the expansion of the market. These fake and substandard products pose a risk to the quality and performance of audio systems in vehicles and undermine consumers’ trust in the market. The rising presence of counterfeit amplifiers has created challenges for manufacturers and consumers as it becomes difficult to verify their authenticity and reliability. This factor can hamper the market's potential to achieve sustainable growth and foster innovation.
Market Opportunities
Increasing Adoption of In-Vehicle Infotainment Systems Elevates Market Growth
Modern vehicles are fortified with advanced infotainment systems that integrate navigation, entertainment, and connectivity features. Automotive amplifiers play a crucial role in enhancing the audio experience, making them essential for high-quality sound systems. The rising demand for premium sound quality among consumers is driving the adoption of high-performance amplifiers. The integration of infotainment systems is particularly prominent in mid-range and luxury vehicles, creating a substantial market for premium automotive amplifiers.
Energy Consumption Concerns Challenges the Product Adoption
Amplifiers are power-intensive components, which can negatively impact the energy efficiency of vehicles, particularly electric vehicles (EVs). In EVs, every component is scrutinized for energy efficiency to maximize battery life. Automotive amplifiers with high power consumption may be viewed as less suitable for such applications. As a result, automakers are increasingly seeking lightweight and low-power alternatives, adding pressure on amplifier manufacturers to develop energy-efficient solutions. This emphasis on energy efficiency poses a challenge to the adoption of amplifiers that fail to meet stringent performance requirements.
Increasing Demand for High-end Audio Systems to Propel Market Growth
Integrating advanced audio systems in vehicles is a key trend in the automotive amplifier market. This involves incorporating innovative audio features such as surround sound, noise cancellation, and digital signal processing into vehicle amplification systems, enhancing the in-car audio experience. These advancements allow for a more immersive and personalized audio environment, meeting the growing consumer demand for premium sound quality.
Automotive amplifiers leverage surround sound technologies, such as Dolby Atmos and DTS:X, to deliver theater-like audio experiences by creating soundscapes from all directions. Companies are developing new sound technology to drive market growth. For instance, STMicroelectronics has recently unveiled its newest additions to the Full Digital Amplifier (FDA) series, the FDA803S and FDA903S. These single-channel, fully differential 10W Class-D audio power amplifiers are tailored for automotive applications, such as e-calls and telematics. They claim to be well-suited for reproducing human voice, music, or alert messages at standard output power levels of up to 10W.
The COVID-19 pandemic significantly impacted sectors including the automotive industry and related markets, including automotive amplifiers. Economic instability and cautious consumer behavior led to a reduced demand for new vehicles, particularly those with premium audio systems. Additionally, shifts in consumer spending affected the aftermarket segment, resulting in less interest in non-essential upgrades. Lockdowns further slowed vehicle sales, with OICA reporting a 14% decline. Despite these challenges, manufacturers adapted to safety measures, and the market gradually recovered as consumer demand rebounded over time.
SUV Segment Led owing to Rising Demand for Advanced In-Car Entertainment Systems
On the basis of vehicle type, the market is divided into hatchback/sedan, SUVs, LCVs, and HCVs.
The SUVs segment dominated the market in 2023. Consumers increasingly prefer SUVs for their spacious interiors, off-road capabilities, and versatility, boosting demand for advanced in-car entertainment systems. According to the International Energy Agency (IEA), SUVs represented 48% of global car sales in 2023, marking a record and reinforcing the early 21st-century trend toward larger, heavier vehicles.
In advanced economies, such as the U.S., Germany, and others, SUVs sales exceeded 20 million units last year globally, achieving a market share of over 50% for the first time.
The LCVs segment is estimated to grow at the fastest-growing CAGR during the forecast period from 2024 to 2032. Modern LCVs are being designed with a focus on driver comfort and convenience, including the integration of premium audio systems. These systems are increasingly becoming a standard feature as businesses seek to improve working conditions for their drivers. High-quality amplifiers play a key role in delivering an immersive sound experience, making long drives more enjoyable.
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Economic Viability of Integrating Amplifiers in Premium Model Vehicles Thrives the Premium Segment
Based on vehicle class, the market is segregated into economy, premium, and luxury.
The premium segment dominated the market in 2023, holding a market share of nearly 76%. Premium model of vehicles contributes significantly to automakers’ profit margins. As a result, manufacturers allocate more resources to developing and integrating advanced features, including state-of-the-art audio systems. High-performance amplifiers are relatively expensive components, and their inclusion in premium models is more economically viable compared to mass-market vehicles, where cost constraints limit the integration of such technologies, which drives the growth of the segmental market.
The luxury segment is likely to grow at the fastest-growing CAGR of 7.7% over the forecast period from 2024 to 2032. The luxury vehicle industry is expanding at a rapid pace globally due to increasing disposable incomes, urbanization, and a growing desire for premium experiences among consumers. Developing economies, such as China, are witnessing a surge in luxury vehicle sales while established markets in North America and Europe continue to grow. This growth drives demand for advanced automotive components, including high-performance amplifiers. According to the California New Car Dealer Association, the share of luxury and sports vehicles together reached 28% in 2022, up from 25% in 2021.
OEM Integrating Amplifiers to Enhance Factory-Installed Audio Systems Drives the OEM Segment Growth
Based on sales channel, the market is categorized into OEM and aftermarket.
The OEM segment led the market in 2023. OEMs incorporate amplifiers as part of the vehicle's original design and assembly process, ensuring seamless integration with the overall audio system. This enables automakers to offer high-quality, factory-installed audio systems that are perfectly aligned with the vehicle's acoustics, aesthetics, and electronic architecture. In March 2024, Pioneer Corporation announced that its Premium Sound System would be factory-installed in the all-new LEXUS GX SUVs, set to launch in Japan later this year. This premium sound system features ten speaker units and an 8-channel class-D amplifier, providing precise sound-image localization and exceptional music reproduction quality and clarity in any setting. It delivers powerful bass that meets the demands of a rugged off-road SUV while also creating a refined acoustic experience.
The aftermarket segment is expected to grow with the fastest CAGR during the forecasted period. Aftermarket external amplifiers offer a cost-effective way to improve audio quality compared to complete system replacements. This affordability appeals to budget-conscious consumers who want to enhance their in-car audio experience without making a significant financial investment.
In October 2021, Harman expanded its range of aftermarket car accessories by introducing the Infinity REF 7005A amplifier and the ALPHA 100 multimedia player to the Indian market. The renowned car audio and electronics manufacturer launched these two new products at an introductory price of INR 32,990 (USD 440) for the Reference 7005A amplifier and INR 5,490 (USD 73) for the Alpha 100 multimedia player. According to the company, the addition of these products has significantly enhanced its amplifier portfolio, making it one of the most comprehensive in the car audio industry. This range now includes various options such as 2-channel, 4-channel, 5-channel, and Mono-Channel amplifiers, spanning multiple price categories such as the Primus Series, Reference Series, and Kappa Series amplifiers.
Consumers Prioritizing Superior Audio Experiences Led to the Dominance of Built-in Segment
On the basis of type, the market is divided into built-in and external.
The built-in segment led the market in 2023. Consumers are increasingly prioritizing superior audio experiences in their vehicles. This demand encourages manufacturers to integrate high-quality built-in amplifiers that deliver better sound quality. Along with this, several car manufacturers are launching the latest models of their vehicles, equipped with the latest technologies, which further enhances the development of internal components, including amplifiers. For instance, in June 2023, the Aston Martin DB12 ‘Super Tourer’ made its debut in Australia. This model features a 15-speaker surround system powered by a 15-channel amplifier with an output of 1170W, including 5x 25mm Nautilus Aluminium Double Dome tweeters, 5x 100mm Continuum midrange speakers, 2x 40mm Headline speakers, 2x 170mm woofers, and a 200mm subwoofer. It offers sound modes such as Studio and Stage along with advanced sound processing technologies such as QuantumLogic Surround, Dirac Unison, and Vehicle Noise Compensation Technology, all encased in a stainless steel grille, providing an authentic, pristine, and accurate sound experience. The vehicle is equipped with a 1170W amplifier and Bowers & Wilkin's 15-speaker surround system, providing an exceptional audio experience.
The external segment is expected to grow at the fastest CAGR during the forecast period. Innovations in audio technology, such as more efficient amplifiers, digital signal processing (DSP), and Bluetooth connectivity, have made aftermarket amplifiers more appealing. These advancements allow consumers to enjoy better sound quality and seamless integration with modern devices.
The Huawei Sound in-car audio system features 17 speakers, including two headrest units, and is designed with concert hall-inspired acoustics and Schroeder Diffusers to create a 7.1 surround sound experience. With a low-frequency limit of 30Hz, a 1,000W amplifier, and a sound field with 2.5 times expanded diffusion, sound uniformity is improved by 40%. It also includes spatial audio for seat-centered sound fields, 99% noise cancellation, AI-based spatial audio conversion, and a multi-sound zone function to keep front and rear seat audio separate and private.
Asia Pacific Automotive Amplifier Market Size, 2023 (USD Billion)
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In 2023, Asia Pacific held a dominant 77.5% market share and is projected to achieve the fastest CAGR growth during the forecast period. Major automotive players such as BYD, Genesis, and Geely, among others, contribute to the demand for OEM amplifiers. These vehicles incorporate high-end audio systems with more than eight speakers, which require external amplifiers for better audio quality and functioning.
In November 2022, Aiways unveiled the sound and acoustic engineering of its U6 SUV coupe. The U6 offers two NVH solutions: a cross-departmental body and component optimization and a tuned Magnat Premium Sound System. Featuring a stable, airtight body and advanced aerodynamics, the U6 minimizes noise with 24 insulated cavities and over 50 specialized acoustic materials. Powered by Aiways' AI-PT drivetrain, it achieves superior acoustics. The 10-speaker Magnat sound system, driven by an 8-channel digital amplifier, ensures optimal surround sound with a center speaker on the dashboard.
Europe has a substantial market for premium and luxury vehicles, where OEMs commonly offer high-quality sound systems as a standard or optional feature. External amplifiers, providing powerful, clear sound, are integral to these systems, appealing to consumers who expect superior in-car entertainment.
In March 2024, Harman International Industries, Inc. (Harman) provided a premium Harman Kardon sound system for the new Renault Scenic E-Tech electric vehicle. This sound system boasts an enhanced configuration of nine speakers, featuring single voice coil woofers in the front doors to deliver better performance in the upper mid-range frequencies. It includes an External Coupled Subwoofer (ECS) and an 8-channel DSP digital amplifier, producing a total output of 410 watts. Additionally, it incorporates advanced audio features and technologies, such as Vehicle Speed Compensation, Virtual Center technology for a stable and well-defined soundstage, and Harman’s patented QLS algorithm.
North America holds the second-largest automotive amplifier market share globally. As in-car infotainment systems become more sophisticated, there is a greater need for amplifiers that can handle high-quality audio output. Built-in amplifiers are often optimized to work with these advanced infotainment systems, offering a seamless experience, which contributes to driving the growth of the segment in the region.
In June 2024, STMicroelectronics in Switzerland released efficient and compact 36V operational amplifiers designed for industrial and automotive applications. The TSB952 dual operational amplifier (op amp) features a 52MHz gain-bandwidth and a supply current of only 3.3mA per channel at 36V, making it an excellent choice for power-sensitive designs.
Sub-regions such as the Middle East represent a robust and dynamic market for luxury and premium vehicles, where the integration and demand for high quality audio systems play a pivotal role in attracting discerning consumers. In this competitive segment, Original Equipment Manufacturers (OEMs) frequently enhance their offerings by incorporating advanced external amplifiers, which significantly elevate the overall listening experience for drivers and passengers.
In 2023, the luxury vehicle market in the United Arab Emirates (UAE) experienced a remarkable surge, with sales increasing by approximately 44% compared to the previous year, 2022. This impressive growth highlights the rising demand for luxury automobiles in the region and underscores the critical role that premium audio systems play in influencing consumer purchasing decisions. As a result, the demand for high-end audio solutions within the luxury vehicle segment is poised for continued expansion, driving further market growth in the Middle East.
The global automotive amplifier market is highly competitive, with key players such as Sony, Pioneer Corporation, Panasonic Corporation, STMicroelectronics, and NXP Semiconductors. leading the market. These companies focus on innovation, offering high-quality, advanced audio solutions tailored to premium and electric vehicles. Competitive strategies include product differentiation, partnerships with automakers, and continuous R&D to enhance sound performance, energy efficiency, and integration with next-gen in-car technologies.
Major Players in the Automotive Amplifier Market
Major players in the market include Sony, Pioneer Corporation, Panasonic Corporation, STMicroelectronics, and NXP Semiconductors. The global market is highly fragmented, with these top five companies collectively holding 81% of the market share.
March 2024- STMicroelectronics launched an automotive-grade micro-power op-amp designed to withstand extreme temperatures ranging from -40°C to 150°C and extended missions. Classified as a Class 0 device, this new op-amp is claimed to demonstrate high endurance, capable of continuous operation at 65°C for over 25 years. In comparison, the Class 1 devices are rated for eight years before any potential failures occur.
January 2024- Panasonic, a leading electronics expert, launched various cutting-edge technologies at CES 2024. These innovations span various areas, including more energy-efficient sound systems tailored for battery-electric vehicles and enhancements to its SkipGen eCockpit in-vehicle infotainment system. Among its highlights, Panasonic showcased an advanced high-end audio system that emulated the company's premium ELS audio system.
April 2023- STMicroelectronics introduced the TDA7901 automotive amplifier, which integrates a buck controller for class-G power switching. This integration, paired with support for high-definition audio, offers a distinct product in the market. The combination claims to ensure superior listening quality while delivering great efficiency during operation.
January 2023- During CES 2023, Panasonic launched the ELS STUDIO 3D | Signature Edition premium audio system, available exclusively on the 2023 MDX Type S performance SUV flagship by Acura. The product represented the company’s ELS STUDIO line.
January 2021- Panasonic and Klipsch partnered to unveil a proof-of-concept in-car audio system capable of delivering Dolby's immersive audio format. Panasonic developed this collaborative in-car system in partnership with Klipsch and Dolby.
Increasing Brand Investments and Collaborations with Different Stakeholders to Provide Growth Opportunities
The automotive audio amplifier market presents robust investment opportunities driven by the growing popularity of in car entertainment systems, rising consumer demand for superior audio quality, and advancement in technology. As consumers increasingly prioritize premium in-car entertainment experiences, automakers are incorporating advanced amplifiers to enhance sound quality. Growth in electric vehicles (EVs) and premium models further fuels market expansion, as these vehicles often feature high-performance audio systems as standard. Additionally, the shift toward integrating more sophisticated technologies, such as surround sound and connectivity features, offers new avenues for investment. Key growth regions include North America, Europe, and Asia-Pacific, where both consumer demand and automotive innovation are accelerating. Companies investing in R&D for more energy-efficient, compact amplifiers will gain a competitive edge, especially as automakers focus on improving energy efficiency and reducing vehicle weight.
The report provides an in-depth analysis and highlights crucial aspects such as prominent companies, regional and market segmentation, competitive landscape, vehicle type, vehicle class, sales channel and type. Besides this, the report provides insights into the market trends and highlights significant industry developments. In addition to this, the report encompasses several factors contributing to the market growth in recent years.
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ATTRIBUTE | DETAILS |
Study Period | 2019-2032 |
Base Year | 2023 |
Forecast Period | 2024-2032 |
Historical Period | 2019-2022 |
Growth Rate | CAGR of 7.1% from 2024 to 2032 |
Unit | Value (USD Billion) & Volume (Thousand Units) |
Segmentation | By Vehicle Type, By Vehicle Class, By Sales Channel, By Type, and Region |
Segmentation | By Vehicle Type
By Vehicle Class
By Sales Channel
- Built-in - External
- Built-in - External By Type
|
By Region North America (By Vehicle Type, By Vehicle Class, By Sales Channel, By Type, and By Country) · U.S. (By Sales Channel) · Canada (By Sales Channel) · Mexico (By Sales Channel) Europe (By Vehicle Type, By Vehicle Class, By Sales Channel, By Type, and By Country) · Germany (By Sales Channel) · U.K. (By Sales Channel) · France (By Sales Channel) · Russia (By Sales Channel) · Rest of Europe (By Sales Channel) Asia Pacific (By Vehicle Type, By Vehicle Class, By Sales Channel, By Type, and By Country) · China (By Sales Channel) · India (By Sales Channel) · Japan (By Sales Channel) · Australia (By Sales Channel) · New Zealand (By Sales Channel) · Rest of Asia Pacific (By Sales Channel) Rest of the World (By Vehicle Type, By Vehicle Class, By Sales Channel, By Type, and By Sub-region) · South America (By Sales Channel) · The Middle East (By Sales Channel) · Africa (By Sales Channel) |
Fortune Business Insights says that the global market size stood at USD 4.65 billion in 2024 and is anticipated to reach USD 8.06 billion by 2032.
Fortune Business Insights says that the global market value stood at USD 4.39 billion in 2023.
The global market will exhibit a CAGR of 7.1% over the forecast period.
By vehicle type, the SUVs segment dominated the market.
Growing demand for electric and connected vehicles is a key factor driving market growth.
Sony Corporation, Pioneer Corporation, Panasonic Corporation, STMicroelectronics, and NXP Semiconductors are some of the leading players globally.
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