The global
Monolithic Microwave IC market is foreseen to grow by 12.2%, from USD 10.40
Billion in 2021 to USD 26.12 Billion in 2029. Rising demand for MMICs from
smartphone Application, surging adoption of E frequency band to meet increasing
bandwidth requirements of cellular and wireless networks, increasing defense
spending by countries to upgrade their defense inventories is to drive the
market for the upcoming forecast period. However, high development costs of
MMICs remains one factor hindering the market growth over the anticipated
period.
Market Definition
What Is Monolithic Microwave
IC?
Microwave-operated integrated circuits, often known as
MMICs, are one sort of integrated circuit technology. These devices often
perform high-frequency switching, low-noise amplification, power amplification,
and microwave mixing.
Market Overview
The
monolithic microwave IC market search study helps to thoroughly
understand the current trend in the market competitive analysis of the players
in the emerging market. Moreover, the DRO in the Monolithic Microwave IC market
offers valuable perspicuity and a current scenario for making the right
decision. The research study covers the eminent players in the market with a
detailed analysis of the company and a financial overview containing their net
sales, business mix and geographical reach It mainly focuses on the key
developments of the products/services offered by the company in recent years.
Besides, we at Zettabyte have the expertise to analyses the global Monolithic
Microwave IC market player's competitive landscape helping the client
comprehend their specific strategic growth approaches.
Monolithic
Microwave IC market study by "Zettabyte Analytics" offers details
about the market scope, market segmentation, technological advancement in the Monolithic
Microwave IC market and highlights the optimistic, competitive landscape and
trends enduring over the years.
Major players in
the Monolithic Microwave IC market include Analog Devices, Inc., Arralis, Asb
Inc., Berex Co., Ltd., Infineon Technologies Ag, Macom Technology Solutions
Holdings, Inc., Microarray Technologies Corporation Limited, Microchip
Technology Inc., Microwave Technology, Inc. (Mwt), Mini-Circuits, Mitsubishi
Electric Corporation, Northrop Grumman Corporation, Nxp Semiconductors N.V.,
Ommic, On Semiconductor Corporation (Onsemi), Qorvo, Inc, Skyworks Solutions,
Inc., Stmicroelectronics, Sumitomo Electric Industries, Ltd., Texas
Instruments, Toshiba Infrastructure Systems And Solutions Corporation, United
Monolithic Semiconductors (Ums), Vectrawave, Win Semiconductors Corp.,
Wolfspeed, Inc.
COVID-19 Impact on Global Monolithic
Microwave IC Market
The global impact
of COVID-19 has lost millions of lives with a massive cost to the healthcare
system. Moreover, the treatment cost for patients with COVID-19 has also had a
financial impact globally. the impact of COVID-19 on the Monolithic Microwave
IC market has forced the companies to change their sourcing, pricing, and
promotion strategies. the monolithic microwave IC market players are seen focusing
more on optimizing the e-commerce networks with the rising innovations in the
digital sector, which are creating new business models for the semiconductor
& electronics industry player.
Research Scope
The report
provides market value for the base year 2021 and a yearly forecast from 2022 to
2029 in revenue (USD Million/ Billion). the market for each segment is present
in North America, Europe, Asia Pacific, Latin America, Middle East &
Africa, and the regional basis for the forecast mentioned above.
Key industry
dynamics, regulatory scenarios, major material dynamics and monolithic
microwave IC market future markets are analyzed to understand their impact on demand
for the forecast period. growth rates have been estimated using correlation,
regression and time-series analysis.
Market Segmentation
For the purpose
of this report, the global Monolithic Microwave IC market segmented on the
basis of component type, material type, technology type, frequency band, application,
and region:
Component Type Outlook:
On the basis of
component type, the market is segmented into power amplifiers, low-noise
amplifiers, attenuators, switches, phase shifters, mixers, voltage-controlled
oscillators, frequency multipliers.
Material Type Outlook:
On the basis of
material type, the market is segmented into Gallium Arsenide, Indium Phosphate,
Indium Gallium Phosphide, Silicon Germanium, Gallium Nitride.
Technology Type Outlook:
On the basis of
technology type, the market is segmented into HEMT, pHEMT, HBT, MESFET, mHEMT,
E-pHEMT, MOS.
Figure 1 Monolithic Microwave IC Market By Technology
Type (Market Size And Forecast By Value - USD Million, 2021 & 2029)