DAPs <500mW@32ohms (doesn't have 500mW output @32ohms):
Sony (except of DMP-Z1)
iBasso Amp5, Amp7, Amp9
Lotoo PAW6000
Shanling
Hiby R6 (non Pro version)
Cayin N6II/E01
Fiio M9 or bellow
A&K (except of SP2000, Kann / Kann Cube. Not specced@32ohm but by measured graph from review site.)
*many A&K has 4Vrms in balanced output without load, but it drops significantly in standard impedance for IEMs.
DAPs >500mW@32ohms:
Sony DMP-Z1 (balanced)
Cayin N8/N6ii(balanced only)
Lotoo PAW Gold / PAW Gold Touch
Fiio M11 or above (balanced only)
Hiby R5, R6 Pro (balanced only, and not for R6 even in balanced)
Not specified but probably >500mW@32ohm: (you need 4Vrms@32ohm. Max Vrms @“No load” doesn’t mean it has that voltage @32ohm.)
Cowon Plenue L / Plenue 2 MK2 4.0Vrms (no impedance specified, however, measurement at review site shows OK)
A&K Kann, Kann Cube, SP2000 (from measurement graph by review site. Balanced only for SP2000)
iBasso Amp1, Amp3, Amp4, Amp8: 6Vrms