With the economic development of Africa and the improvement of residents’ living standards, the consumer electronics market has grown significantly, and the demand for audio equipment is strong, which has driven the development of the audio power board market.
The audio market in Africa has expanded rapidly in recent years, with a compound annual growth rate of 8% in the past five years. Its scale was nearly 500 million US dollars in 2024, and Bluetooth speakers accounted for 40% of the market share.
The younger population and the popularization of the Internet are the main driving factors. The market scale of audio power boards has grown simultaneously, reaching about 80 million US dollars in 2020 and 120 million US dollars in 2024, with a compound annual growth rate of 10%. It is expected to exceed 180 million US dollars by 2029.
In terms of technology, it is developing towards high efficiency, high stability and miniaturization; in terms of demand, countries such as South Africa focus on high-end products, while underdeveloped regions prefer affordable products. The competitive landscape is diverse: international brands account for 40% of the market share, focusing on the mid-to-high-end market; Chinese enterprises account for 30%, winning with cost performance; African local manufacturers account for 30%, serving the low-end market.
The market is driven by the growth of the audio industry and the improvement of infrastructure, but it faces challenges such as backward local technology and unbalanced economic development. Enterprises need to formulate strategies in combination with local characteristics. In the future, Junhengtai Company will continue to make efforts to strive for excellence in both audio power boards and other products.
Post time: Aug-15-2025
