Market Overview:
The global HiFi chip market is expected to grow at a CAGR of xx% 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 and the growing adoption of advanced audio technologies. The global HiFi chip market is segmented on the basis of bit depth into 1-10 bit, 10-20 bit, 20-30 bit, and above 30 bit segments. The 10-20 bit segment is expected to account for the largest share of the global HiFi chip market in 2018. This segment is also projected to grow at a CAGR of xx% during the forecast period from 2018 to 2030. On the basis of application,the global HiFi chipmarketis divided into mobile phone, computer, loudspeaker box, and other applications segments.
Product Definition:
A high fidelity chip is a type of integrated circuit that is designed for audio applications. It typically features very low distortion and noise levels, as well as high bandwidth and slew rates. This makes it ideal for use in high-end audio equipment, such as amplifiers and digital-to-analog converters.
1-10 Bit:
1-10 Bit is a code that represents the sound quality of digital audio. The higher the number, better is the sound quality. 1-10 bit codes are used in portable devices such as MP3 players to represent compressed music files with high accuracy and precision. Increasing demand for small size devices with great audio quality has been driving growth factor in HiFi Chip market over recent years and this trend is expected to continue over next seven years also.
10-20 Bit:
The 10-20 bit is a digital audio format with a sampling frequency of 20 kHz to 2 MHz. It was developed as an extension to the 8-bit depth, which has been used in consumer electronics for decades. The first commercially available products that use this format are expected to be released by 2018; it will take over two decades for CDs and vinyls players to go obsolete.
Application Insights:
Mobile phones was the dominant segment in 2017 and accounted for a revenue share of more than 60%. The segment is driven by the growing demand for high-quality sound experience across various mobile devices. The other major factor contributing to this growth is increasing number of smart phone users globally. As per GSM Association, there were approximately 5,000 million unique mobile subscribers worldwide in 2016 and this subscriber base is expected to reach 6,000 million by 2022. This increase in subscriber base will drive the demand for hiFi chip over the forecast period.
The computer application segment accounted for a significant market share owing to rising need among consumers to enhance audio experience while listening music or watching movies on computers or laptops with good quality speakers installed at home or work places.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing disposable income, coupled with rising adoption of high-tech gadgets in developing economies such as China and India. Furthermore, growing popularity of online music among millennials will drive regional market growth over the next eight years.
North America is estimated to account for a significant share owing to early adoption of digital audio technology in this region. Moreover, presence of key players such as Intel Corporation; Texas Instruments Inc.; Broadcom Limited; and Avago Technologies Ltd., has fueled market growth in this region. Europe also held a considerable share due to early acceptance and implementation of advanced technologies across various application segments including computer hardware & software, mobile phones etc., Henceforth, these factors are anticipated to continue driving regional demand during the forecast period 8 to 2030 ending on 22 August 2018 (EOD).
Growth Factors:
- Increasing demand for high-quality audio content: With the proliferation of high-resolution audio devices and services, there is an increasing demand for chips that can support these formats.
- Advances in semiconductor technology: As semiconductor technology continues to evolve, it is becoming increasingly possible to produce chips that are smaller and more efficient, making them well-suited for use in portable audio devices.
- Growing popularity of wireless headphones: Wireless headphones are becoming increasingly popular due to their convenience and portability, creating a need for chips that can support Bluetooth or other wireless technologies.
- Proliferation of voice assistants: Voice assistants such as Amazon's Alexa and Apple's Siri are becoming increasingly popular, driving demand for processors that can handle complex voice recognition tasks quickly and efficiently.
Scope Of The Report
Report Attributes
Report Details
Report Title
HiFi Chip Market Research Report
By Type
1-10 Bit, 10-20 Bit, 20-30 Bit, Above 30 Bit
By Application
Mobile Phone, Computer, Loudspeaker Box, Other
By Companies
Hisilicon, Musiland, Cirrus Logic, Tripath, ACTIONS (ZHUHAI) TECHNOLOGY, Sankalp Semiconductor, Icsense, SCALINX, Burr-Brown, Philips, Hisilicon, UltraAnalog, NPC, Cirrus Logic, Sanyo, Sony
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
134
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global HiFi Chip Market Report Segments:
The global HiFi Chip market is segmented on the basis of:
Types
1-10 Bit, 10-20 Bit, 20-30 Bit, Above 30 Bit
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
Mobile Phone, Computer, Loudspeaker Box, 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:
- Hisilicon
- Musiland
- Cirrus Logic
- Tripath
- ACTIONS (ZHUHAI) TECHNOLOGY
- Sankalp Semiconductor
- Icsense
- SCALINX
- Burr-Brown
- Philips
- Hisilicon
- UltraAnalog
- NPC
- Cirrus Logic
- Sanyo
- Sony
Highlights of The HiFi Chip 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:
- 1-10 Bit
- 10-20 Bit
- 20-30 Bit
- Above 30 Bit
- By Application:
- Mobile Phone
- Computer
- Loudspeaker Box
- 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 HiFi Chip 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
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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?
HiFi Chip is a trademark for a type of audio chip used in consumer electronics. It was originally developed by Philips and Sony, but other companies have since started producing their own versions. HiFi Chips are designed to improve the sound quality of digital audio players, home theater systems, and other electronic devices.
Some of the key players operating in the hifi chip market are Hisilicon, Musiland, Cirrus Logic, Tripath, ACTIONS (ZHUHAI) TECHNOLOGY, Sankalp Semiconductor, Icsense, SCALINX, Burr-Brown, Philips, Hisilicon, UltraAnalog, NPC, Cirrus Logic, Sanyo, Sony.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 HiFi Chip 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 HiFi Chip Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 HiFi Chip 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 HiFi Chip 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 HiFi Chip Market Size & Forecast, 2018-2028 4.5.1 HiFi Chip Market Size and Y-o-Y Growth 4.5.2 HiFi Chip Market Absolute $ Opportunity
Chapter 5 Global HiFi Chip 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 HiFi Chip Market Size Forecast by Type
5.2.1 1-10 Bit
5.2.2 10-20 Bit
5.2.3 20-30 Bit
5.2.4 Above 30 Bit
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global HiFi Chip 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 HiFi Chip Market Size Forecast by Applications
6.2.1 Mobile Phone
6.2.2 Computer
6.2.3 Loudspeaker Box
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global HiFi Chip 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 HiFi Chip 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 HiFi Chip Analysis and Forecast
9.1 Introduction
9.2 North America HiFi Chip 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 HiFi Chip Market Size Forecast by Type
9.6.1 1-10 Bit
9.6.2 10-20 Bit
9.6.3 20-30 Bit
9.6.4 Above 30 Bit
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 HiFi Chip Market Size Forecast by Applications
9.10.1 Mobile Phone
9.10.2 Computer
9.10.3 Loudspeaker Box
9.10.4 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 HiFi Chip Analysis and Forecast
10.1 Introduction
10.2 Europe HiFi Chip 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 HiFi Chip Market Size Forecast by Type
10.6.1 1-10 Bit
10.6.2 10-20 Bit
10.6.3 20-30 Bit
10.6.4 Above 30 Bit
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 HiFi Chip Market Size Forecast by Applications
10.10.1 Mobile Phone
10.10.2 Computer
10.10.3 Loudspeaker Box
10.10.4 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 HiFi Chip Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific HiFi Chip 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 HiFi Chip Market Size Forecast by Type
11.6.1 1-10 Bit
11.6.2 10-20 Bit
11.6.3 20-30 Bit
11.6.4 Above 30 Bit
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 HiFi Chip Market Size Forecast by Applications
11.10.1 Mobile Phone
11.10.2 Computer
11.10.3 Loudspeaker Box
11.10.4 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 HiFi Chip Analysis and Forecast
12.1 Introduction
12.2 Latin America HiFi Chip 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 HiFi Chip Market Size Forecast by Type
12.6.1 1-10 Bit
12.6.2 10-20 Bit
12.6.3 20-30 Bit
12.6.4 Above 30 Bit
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 HiFi Chip Market Size Forecast by Applications
12.10.1 Mobile Phone
12.10.2 Computer
12.10.3 Loudspeaker Box
12.10.4 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) HiFi Chip Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) HiFi Chip 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) HiFi Chip Market Size Forecast by Type
13.6.1 1-10 Bit
13.6.2 10-20 Bit
13.6.3 20-30 Bit
13.6.4 Above 30 Bit
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) HiFi Chip Market Size Forecast by Applications
13.10.1 Mobile Phone
13.10.2 Computer
13.10.3 Loudspeaker Box
13.10.4 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 HiFi Chip Market: Competitive Dashboard
14.2 Global HiFi Chip Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hisilicon
14.3.2 Musiland
14.3.3 Cirrus Logic
14.3.4 Tripath
14.3.5 ACTIONS (ZHUHAI) TECHNOLOGY
14.3.6 Sankalp Semiconductor
14.3.7 Icsense
14.3.8 SCALINX
14.3.9 Burr-Brown
14.3.10 Philips
14.3.11 Hisilicon
14.3.12 UltraAnalog
14.3.13 NPC
14.3.14 Cirrus Logic
14.3.15 Sanyo
14.3.16 Sony