Europe Amplifier and Comparator Market Forecast to 2030 - COVID-19 Impact and Regional Analysis - by Type and Application

The Europe amplifier and comparator market is expected to grow from US$ 3,649.11 million in 2023 to US$ 6,014.38 million by 2030; it is estimated to grow at a CAGR of 7.4% from 2023 to 2030.

Rising Adoption of Electronic Transportation

The electronic mode of transportation is perceived to benefit the environment and reduce fuel consumption. Many governments across the region have embraced the Electric Vehicles Initiative (EVI), a multi-government policy forum coordinated by the International Energy Agency (IEA) to accelerate the introduction and adoption of electric vehicles worldwide. According to the IEA, 16 countries are the current participants of this program, including Finland, France, Germany, the Netherlands, Norway, Poland, Portugal, Sweden, and the UK. An electric battery is a core component of the electric mode of transportation. In these batteries, the output of the comparator is used to alert a microcontroller regarding their discharged or low power status. Also, the amplifier is used in EV battery management, and the isolated amplifier offset determines the initial precision of the current sense. Thus, the large-scale application of amplifiers in batteries required for electronic transportation would bolster the consumption of amplifiers and comparators in the future.

Europe Amplifier and Comparator Market Overview

The amplifier and comparator market in Europe is segmented into France, Germany, Italy, Russia, the UK, and the Rest of Europe. Western Europe is a highly developed region and comprises different types of businesses. Europe has a well-established manufacturing industry using cutting-edge technologies, which include the Industrial Internet of Things, the Internet of Things, and Industry 4.0. The European market is extremely competitive, with the presence of both local and international players. Key companies involved in designing, manufacturing, and distributing amplifiers and comparators conduct business in the region. These companies often invest in research and development to remain the forerunners in technological advancements and meet evolving customer demands. Key players in the amplifier and comparator market focus on innovation, new product launches, partnerships, and collaborations to stay relevant in the competition. In March 2023, Marshall Amplification, one of the leading amp-makers, was acquired by the Swedish audio firm Zound Industries. With this acquisition, both companies decided to join forces with the launch of the Marshall Group. An amplifier improves audio quality, provides dynamic range, and enhances listening experiences. These strategic developments in the audio industry are expected to bolster the growth of the amplifier and comparator market.

Europe Amplifier and Comparator Market Revenue and Forecast to 2030 (US$ Million)

Europe Amplifier and Comparator Market Segmentation

The Europe amplifier and comparator market is segmented based on type, application, and country. Based on type, the Europe amplifier and comparator market is bifurcated into amplifier and comparator. The amplifier segment held a larger market share in 2023.

Based on application, the Europe amplifier and comparator market is segmented into industrial sector, communications sector, computing devices, consumer electronics devices, automotive, military & aerospace, and others. The industrial sector segment held the largest market share in 2023.

Based on country, the Europe amplifier and comparator market is segmented into Germany, the UK, France, Italy, Russia, and the Rest of Europe. Germany dominated the Europe amplifier and comparator market share in 2023.

ABLIC Inc; Analog Devices Inc; Broadcom Inc; Microchip Technology Inc; NXP Semiconductors; On Semiconductor; Renesas Electronics Corporation; Skyworks Solutions Inc; STMicroelectronics NV; and Texas Instruments Inc are the leading companies operating in the Europe amplifier and comparator market.

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