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Global Monolithic Microwave IC (MMIC) Market by Component, Material Type, Frequency Band, Technology, Application and Geography - Forecast to 2024 - ResearchAndMarkets.com

May 9, 2019

DUBLIN--(BUSINESS WIRE)--May 9, 2019--The “Monolithic Microwave IC (MMIC) Market by Component (Power Amplifiers, LNA, Attenuators), Material Type (GaAs, InP), Frequency Band (L, S, C), Technology (MESFET, HEMT), Application (Automotive, A&D), and Geography - Global Forecast to 2024” report has been added to ResearchAndMarkets.com’s offering.

The Monolithic Microwave Integrated Circuit (MMIC) market is estimated to grow from USD 7.7 billion in 2019 to USD 12.7 billion by 2024, at a CAGR of 10.6% between 2019 and 2024.

The growth of the MMIC market is driven by the increased demand for MMICs from the flourishing smartphone industry; increasing adoption of E band to meet the growing bandwidth requirements of the space, defense, and wireless communication infrastructure sectors; and rising defense spending of countries, globally. However, high development costs associated with the designing of MMICs act as a major restraint for the growth of the market.

High-frequency and broadband communication systems boost the demand for attenuators, leading to its anticipated highest CAGR during forecast period

The market for attenuators is estimated to grow at the highest CAGR during the forecast period. Attenuators reduce the level of signals to protect circuits from damages caused by high-level signals. They may also be used to provide accurate impedance match as most fixed attenuators offer well-defined impedance. Attenuators may also be used in a variety of areas wherein signal levels need to be controlled. Variable attenuators are used widely in telecommunication and electronic warfare applications to adjust the signal level or compensate it for intrinsic gain variations in operating temperature.

Attributes such as low power consumption, high power density, and long product life contribute to the anticipated highest CAGR of gallium nitride-based MMICs during forecast period

The market for gallium nitride is estimated to grow at a higher CAGR during the forecast period. Gallium Nitride (GaN) is an emerging alternative for pure silicon in the field of semiconductors and electronics due to its high brightness emissions and intensities in opto-semiconductors, high-power efficiency, superior high frequency handling capacity, and flexibility to be used alongside various substrates such as silicon, sapphire, and Silicon Carbide (SiC). MMICs developed using gallium nitride offer high input power survivability of 40 dBm, thereby potentially eliminating the requirement for a power limiter in broadband communication, Electronic Warfare (EW) instrumentation, or radar applications.

The market in APAC expected to witness the highest CAGR during forecast period

The market in APAC is estimated to grow at the highest CAGR during the forecast period. Increased production of electronic devices in the region due to the low manufacturing cost and availability of cheap labor is a key driver for the growth of the MMIC market in Asia Pacific. Rising demand for smartphones, digital televisions, automobile electronics, and electro-medical devices in Asia Pacific is expected to contribute to the growth of the MMIC market in the region.

Analog Devices (US), NXP Semiconductor (Netherlands), MACOM (US), Qorvo (US), Skyworks Solutions (US), Broadcom (US), Infineon Technologies (Germany), Maxim Integrated (US), Mini-Circuits (US), OMMIC (France), WIN Semiconductors (Taiwan), United Monolithic Semiconductors (UMS) (France), Custom MMIC Design Services (US), Microarray Technologies (China), VectraWave (France), BeRex (South Korea), and Arralis (Ireland) are the major players operating in the MMIC market.

Key Topics Covered

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

4.1 MMIC Market Opportunities

4.2 MMIC Market, By Component, 2019 & 2024

4.3 Asia Pacific MMIC Market, By Application and Country, 2019

4.4 MMIC Market, By Material Type, 2019 & 2024

4.5 MMIC Market, By Technology, 2019 & 2024

4.6 MMIC Market, By Frequency Band, 2019 & 2024

4.7 MMIC Market, By Application, 2019 & 2024

4.8 MMIC Market, By Region

5 Market Overview

5.1 Introduction

5.2 Market Dynamics

5.2.1 Drivers

5.2.1.1 Increased Demand for MMICs From the Smartphone Industry

5.2.1.2 Adoption of E Band to Meet the Increasing Bandwidth Requirements of Cellular and Wireless Networks

5.2.1.3 Increased Defense Spending By Countries to Upgrade Their Defense Inventories

5.2.2 Restraints

5.2.2.1 High Development Costs of MMICs

5.2.3 Opportunities

5.2.3.1 Evolution of 5G Technology to Fuel the Demand for MMICs

5.2.3.2 Increase in the Number of Space Programs Worldwide

5.2.4 Challenges

5.2.4.1 Designing Robust MMICs

5.3 Value Chain Analysis

6 MMIC Market, By Component

6.1 Introduction

6.2 Power Amplifiers

6.3 Low Noise Amplifiers

6.4 Attenuators

6.5 Switches

6.6 Phase Shifters

6.7 Mixers

6.8 Voltage-Controlled Oscillators

6.9 Frequency Multipliers

7 MMIC Market, By Material Type

7.1 Introduction

7.2 Gallium Arsenide

7.3 Indium Phosphide

7.4 Silicon Germanium

7.5 Gallium Nitride

7.6 Indium Gallium Phosphide

8 MMIC Market, By Technology

8.1 Introduction

8.2 Metal-Semiconductor Field-Effect Transistor

8.3 High Electron Mobility Transistor

8.4 Pseudomorphic High Electron Mobility Transistor

8.5 Enhancement-Mode Pseudomorphic High Electron Mobility Transistor

8.6 Metamorphic High Electron Mobility Transistor

8.7 Heterojunction Bipolar Transistor

8.8 Metal-Oxide Semiconductor

9 MMIC Market, By Frequency Band

9.1 Introduction

9.2 L Band (1-2 GHz)

9.3 S Band (2-4 GHz)

9.4 C Band (4-8 GHz)

9.5 X Band (8-12 GHz)

9.6 Ku Band (12-18 GHz)

9.7 K Band (18-27 GHz)

9.8 Ka Band (26.5-40 GHz)

9.9 V Band (40-75 GHz)

9.10 W Band (75-110 GHz)

10 MMIC Market, By Application

10.1 Introduction

10.2 Consumer/Enterprise Electronics

10.3 Wireless Communication Infrastructure

10.4 Automotive

10.5 Aerospace & Defense

10.6 CATV and Wired Broadband

10.7 Others

11 MMIC Market, By Region

11.1 Introduction

11.2 North America

11.3 Europe

11.4 Asia Pacific

11.5 Rest of the World (RoW)

12 Competitive Landscape

12.1 Introduction

12.2 Market Ranking Analysis

12.3 Competitive Leadership Mapping

12.3.1 Visionary Leaders

12.3.2 Dynamic Differentiators

12.3.3 Innovators

12.3.4 Emerging Companies

12.4 Competitive Benchmarking

12.4.1 Strength of Product Portfolio

12.4.2 Business Strategy Excellence

12.5 Competitive Situations and Trends

13 Company Profiles

13.1 Key Players

13.1.1 NXP Semiconductors

13.1.2 Analog Devices

13.1.3 Skyworks Solutions

13.1.4 Broadcom

13.1.5 Qorvo

13.1.6 MACOM

13.1.7 Infineon Technologies

13.1.8 Maxim Integrated

13.1.9 Mini-Circuits, Inc.

13.1.10 OMMIC

13.1.11 Win Semiconductors

13.1.12 United Monolithic Semiconductors (UMS)

13.2 Other Prominent Players

13.2.1 Custom MMIC Design Services, Inc.

13.2.2 Microarray Technologies

13.2.3 Vectrawave

13.2.4 Berex

13.2.5 Arralis

For more information about this report visit https://www.researchandmarkets.com/r/mifm67

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PUB: 05/09/2019 06:29 AM/DISC: 05/09/2019 06:29 AM

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