PUBLISHER: Value Market Research | PRODUCT CODE: 1361797
PUBLISHER: Value Market Research | PRODUCT CODE: 1361797
The global demand for Monolithic Microwave IC Market is presumed to reach the market size of nearly USD 28.24 BN by 2030 from USD 10.7 BN in 2022 with a CAGR of 12.9% under the study period 2023 - 2030.
Monolithic Microwave IC (MMIC) is an installed circuit that functions at microwave frequencies ranging from 300 MHZ to 300 GHz. MMIC refers to an integrated circuit where a microwave functional circuit is fabricated on chips made of semiconductor materials like gallium arsenide. This component is built using materials such as GaAs, InP, GaN, and SiGe. This circuit enables microwave mixing, power amplification, low-noise amplification, and high-frequency switching.
The rise of wireless communication technologies and the significant rollout of 5G networks are key factors bolstering the monolithic microwave IC market. Monolithic Integrated IC is widely used in small electronic devices that operate using electromagnetic and electronic frequencies, such as cell phones, remote-control systems, GPS devices, and imaging devices. In smartphones, MMICs have become an important component for the efficient reception of weak signals and increased smartphone data transfer rates. Hence, the growing smartphone sector is fuelling demand for MMICs. Additionally, increasing spending on military and defense generates lucrative market opportunities for market growth, as the monolithic microwave IC design is used extensively in fighter jets, missile guidance systems, electronic warfare countermeasures, and radar applications.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of monolithic microwave ic. The growth and trends of monolithic microwave ic industry provide a holistic approach to this study.
This section of the monolithic microwave ic market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Monolithic Microwave IC market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the monolithic microwave ic market include Analog Devices, Inc. (US), NXP Semiconductors N.V. (Netherlands), MACOM Technology Solutions Holdings, Inc. (US), Qorvo, Inc. (US), Skyworks Solutions, inc. (US), Infineon Technologies AG (Germany), Mini-Circuits (US), OMMIC (France), WIN Semiconductors Corp. (Taiwan), United Monolithic Semiconductors (UMS) (France), ON Semiconductor Corporation (onsemi) (US), Microarray Technologies Corporation Limited (China), VectraWave (France), BeRex Co., Ltd. (South Korea), Wolfspeed, Inc. (US), MicroWave Technology, Inc. (MwT) (US), ASB Inc. (South Korea), Texas Instruments (US), Northrop Grumman Corporation (US), Toshiba Infrastructure Systems and Solutions Corporation (Japan), STMicroelectronics (Switzerland), Microchip Technology Inc. (US), Sumitomo Electric Industries, Ltd. (Japan), Mitsubishi Electric Corporation (Japan), and Arralis (Ireland). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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