Market Overview:
The global audio DACs market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for high-quality audio content, rising adoption of digital audio technologies, and growing demand for portable devices. In terms of type, the market is segmented into audio A/D converters and D/A converters. The D/A converter segment is expected to grow at a higher CAGR than the A/D converter segment during the forecast period. This can be attributed to the increasing demand for high-quality music content among consumers across different regions. In terms of application, smartphones are expected to account for a major share of the global audio DACs market in 2018 owing to their growing popularity among consumers worldwide as well as their ability to support advanced features such as 4K video playback and augmented reality (AR). Other consumer applications include laptops, tablets, gaming consoles, set-top boxes (STBs), portable media players (PMPs), digital radios, smart TVs etc.
Product Definition:
An audio DAC, or digital-to-analog converter, is a circuit that converts digital signals into analog form. The importance of audio DACs lies in their ability to accurately convert binary data into an analog waveform that can be played through headphones or speakers. This conversion is important because it allows for the accurate reproduction of sound from digital files. Audio DACs are found in a variety of devices, including smartphones, laptops and desktop computers, and portable music players.
Audio A/D Converters:
Audio A/D converters are electronic devices used to convert an analog signal into a digital one. The most common application of this device is in audio digitization, which is the process of converting an analog sound waveform into a series of digital samples at 44100Hz sample rate. Audio A/D converter also finds its applications in other areas such as voice recognition and speech synthesising.
Audio D/A Converters:
Audio D/A converters are electronic devices that take analog signals and convert them to digital signals. The process of converting the signal from analog to digital and back to an original form is known as conversion or upsampling. Audio D/A converters are used in audio Digital-to-Analog Converter (DAC) units, which allow users to listen to audio files stored on a computer or portable media player via speakers or headphones.
Application Insights:
The smartphones application segment accounted for the largest revenue share in 2016 and is expected to continue leading over the forecast period. The professional audio markets are anticipated to witness significant growth owing to increasing demand for high-quality sound systems in various applications, such as home theaters, commercial spaces and automobiles. Audio D/A converters are used in both personal computers and smart speakers. The growing usage of personal computers is expected to have a positive impact on market growth over the forecast period. Other consumer applications include televisions, set-top boxes (STB), A/V equipment etc., which also use these devices based on their requirements. Increasing demand for multi-channel audio systems along with advanced features supported by these devices is projected to drive this segment further during the forecast years.
Audio A/D converters are widely used across all automobile types including passenger cars, light commercial vehicles (LCVs) and heavy commercial vehicles (HCVs).
Regional Analysis:
North America dominated the global market in 2017. The region is expected to continue its dominance over the forecast period as well, owing to increasing demand for high-quality audio products from U.S. and Canada markets, along with growing adoption of digital music formats such as FLAC and ALAC files over MP3s. Europe also held a significant share in the global market in 2017 due to rising demand for higher audio quality from countries including Germany, France, Italy and others. Asia Pacific is projected to be one of the fastest-growing regions during the forecast period owing to increasing consumer preference towards smartphones with better sound quality coupled with rising disposable income among middle class groups especially in China and India markets that are major consumers of Audio D/A Converters (DACs).
Growth Factors:
- Increasing demand for high-quality audio content: The increasing demand for high-quality audio content is one of the key growth drivers for the global Audio DACs market. This is because Audio DACs play a crucial role in enhancing the quality of audio output.
- Rising popularity of portable devices: The rising popularity of portable devices, such as smartphones and tablets, is another major growth driver for the global Audio DACs market. This is because these devices are increasingly being used to consume multimedia content, including music and videos.
- Growing trend of digitalization: The growing trend of digitalization is another key factor driving the growth of the global Audio DACs market. This is because an increasing number of consumers are now shifting from traditional forms of media to digital formats due to various advantages offered by them such as convenience and portability.
- Proliferation in connected devices: The proliferation in connected devices has been a major boon for the global Audio DACs market as it has led to an increase in demand from consumers for better sound quality when consuming multimedia content on their gadgets/devices .This can be attributed to advancements in technology that have made it possible to include better sound quality features even on low-cost gadgets/devices .
Scope Of The Report
Report Attributes
Report Details
Report Title
Audio DACs Market Research Report
By Type
Audio A/D Converters, Audio D/A Converters
By Application
Smartphones, Computer, Other Consumer Applications, Automotive Markets, Professional Audio Markets, Commercial Audiology Markets, Other
By Companies
ON Semiconductor(US), Infineon Technologies(Germany), Rohm(Japan), NXP Semiconductors(Netherlands), Cirrus Logic(US), Knowles(US), STMicroelectronics (Switzerland), Texas Instruments (US), Analog Devices(US), Silicon Laboratories (US), ON Semiconductor(US), Dialog Semiconductor (UK), Asahi Kasei Microdevices (Japan)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
127
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global Audio DACs Market Report Segments:
The global Audio DACs market is segmented on the basis of:
Types
Audio A/D Converters, Audio D/A Converters
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Smartphones, Computer, Other Consumer Applications, Automotive Markets, Professional Audio Markets, Commercial Audiology Markets, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ON Semiconductor(US)
- Infineon Technologies(Germany)
- Rohm(Japan)
- NXP Semiconductors(Netherlands)
- Cirrus Logic(US)
- Knowles(US)
- STMicroelectronics (Switzerland)
- Texas Instruments (US)
- Analog Devices(US)
- Silicon Laboratories (US)
- ON Semiconductor(US)
- Dialog Semiconductor (UK)
- Asahi Kasei Microdevices (Japan)
Highlights of The Audio DACs Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Audio A/D Converters
- Audio D/A Converters
- By Application:
- Smartphones
- Computer
- Other Consumer Applications
- Automotive Markets
- Professional Audio Markets
- Commercial Audiology Markets
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Audio DACs Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Audio DACs are digital-to-analog converters that can improve the sound quality of your audio playback. They're typically found in high-end audio systems and are used to convert digital audio signals into an analog format, which can then be sent to your speakers. This allows for a more accurate reproduction of music, making it easier to hear details and nuances that may have been lost in the original digital file.
Some of the major players in the audio dacs market are ON Semiconductor(US), Infineon Technologies(Germany), Rohm(Japan), NXP Semiconductors(Netherlands), Cirrus Logic(US), Knowles(US), STMicroelectronics (Switzerland), Texas Instruments (US), Analog Devices(US), Silicon Laboratories (US), ON Semiconductor(US), Dialog Semiconductor (UK), Asahi Kasei Microdevices (Japan).
The audio dacs market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Audio DACs Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Audio DACs Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Audio DACs Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Audio DACs Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Audio DACs Market Size & Forecast, 2020-2028
4.5.1 Audio DACs Market Size and Y-o-Y Growth
4.5.2 Audio DACs Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Audio A/D Converters
5.2.2 Audio D/A Converters
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Smartphones
6.2.2 Computer
6.2.3 Other Consumer Applications
6.2.4 Automotive Markets
6.2.5 Professional Audio Markets
6.2.6 Commercial Audiology Markets
6.2.7 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Audio DACs Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Audio DACs Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Audio A/D Converters
9.6.2 Audio D/A Converters
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Smartphones
9.10.2 Computer
9.10.3 Other Consumer Applications
9.10.4 Automotive Markets
9.10.5 Professional Audio Markets
9.10.6 Commercial Audiology Markets
9.10.7 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Audio A/D Converters
10.6.2 Audio D/A Converters
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Smartphones
10.10.2 Computer
10.10.3 Other Consumer Applications
10.10.4 Automotive Markets
10.10.5 Professional Audio Markets
10.10.6 Commercial Audiology Markets
10.10.7 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Audio A/D Converters
11.6.2 Audio D/A Converters
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Smartphones
11.10.2 Computer
11.10.3 Other Consumer Applications
11.10.4 Automotive Markets
11.10.5 Professional Audio Markets
11.10.6 Commercial Audiology Markets
11.10.7 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Audio A/D Converters
12.6.2 Audio D/A Converters
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Smartphones
12.10.2 Computer
12.10.3 Other Consumer Applications
12.10.4 Automotive Markets
12.10.5 Professional Audio Markets
12.10.6 Commercial Audiology Markets
12.10.7 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Audio A/D Converters
13.6.2 Audio D/A Converters
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Smartphones
13.10.2 Computer
13.10.3 Other Consumer Applications
13.10.4 Automotive Markets
13.10.5 Professional Audio Markets
13.10.6 Commercial Audiology Markets
13.10.7 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Audio DACs Market: Competitive Dashboard
14.2 Global Audio DACs Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ON Semiconductor(US)
14.3.2 Infineon Technologies(Germany)
14.3.3 Rohm(Japan)
14.3.4 NXP Semiconductors(Netherlands)
14.3.5 Cirrus Logic(US)
14.3.6 Knowles(US)
14.3.7 STMicroelectronics (Switzerland)
14.3.8 Texas Instruments (US)
14.3.9 Analog Devices(US)
14.3.10 Silicon Laboratories (US)
14.3.11 ON Semiconductor(US)
14.3.12 Dialog Semiconductor (UK)
14.3.13 Asahi Kasei Microdevices (Japan)
