According to a new market report published by Lucintel, the future of the monolithic microwave IC market looks promising with opportunities in the consumer electronics, wireless communication infrastructure, automotive, aerospace and defense, CATV, and wired broadband industries. The global monolithic microwave IC market is expected to grow with a CAGR of 10% from 2021 to 2026. The major drivers for this market are rising demand for MMICs from the smartphone industry and increasing adoption in space, defense, and wireless communication infrastructure.
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In this market, different component of monolithic microwave IC, such as power amplifiers, low noise amplifier, attenuators, switches, phase shifters, mixers, voltage-controlled oscillators, and frequency multipliers are used in a wide range of industries. Lucintel forecasts that attenuator will remain the largest segment due to growth in the demand of monolithic microwave IC consumer electronics, wireless communication infrastructure, and wired broadband end use industries.
Within the monolithic microwave IC market, consumer electronics will remain the largest application during the forecast period due an increasing demand for fast data transfer rates and rising demand of monolithic microwave IC usage in smartphone technologies.
Asia Pacific will remain the largest region during the forecast period due to increasing demand in consumer electronics due to high adoption rate of smartphones, increased use of various mobile services, and rise in the military expenditure of countries such as China, India, Japan, and South Korea.
Analog Devices, NXP Semiconductor, MACOM, Qorvo, Skyworks Solutions, Broadcom, Infineon Technologies, Maxim Integrated, Mini-Circuits, OMMIC, WIN Semiconductors, United Monolithic Semiconductors, Microarray Technologies, and VectraWave are among the major monolithic microwave IC manufacturers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global monolithic microwave IC market by component, material type, technology, frequency band, application, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Monolithic Microwave IC Market 2021-2026: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global monolithic microwave IC market by component, material type, technology, frequency band, application, and region as follows:
By Component [$M shipment analysis for 2015 – 2026]:
Power Amplifiers
Low Noise Amplifiers
Attenuators
Switches
Phase Shifters
Mixers
Voltage-controlled Oscillators
Frequency Multipliers
By Material Type [$M shipment analysis for 2015 – 2026]:
Gallium Arsenide
Indium Phosphide
Indium Gallium Phosphide
Silicon Germanium
Gallium Nitride
By Technology [$M shipment analysis for 2015 – 2026]:
MESFET
HEMT
pHEMT
E-pHEMT
mHEMT
HBT
MOS
By Frequency Band [$M shipment analysis for 2015 – 2026]:
L Band
S Band
C Band
X Band
Ku Band
K Band
Ka Band
V Band
W Band
By Application [$M shipment analysis for 2015 – 2026]:
Consumer Electronics
Wireless Communication Infrastructure
Automotive
Aerospace & Defense
CATV and Wired Broadband
Others
By Region [$M shipment analysis for 2015 – 2026]:
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Asia Pacific
China
Japan
India
South Korea
The Rest of the World
This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
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