Monolithic Microwave IC (MMIC) Market By Component Segment (Power Amplifiers, Low Noise Amplifiers, Attenuators, Switches, Phase Shifters, Other), By Material Type (Gallium Arsenide, Indium Phosphide, Silicon Germanium), By Technology Protocol (Metal-Semiconductor Field-Effect Transistor, Other), By Frequency Band (L Band (1–2 GHz), S Band (2–4 GHz, Other), By Application (Automotive, CATV And Wired Broadband, Others) - Growth, Future Prospects And Competitive Analysis, 2019 - 2027

"Increased Demand for MMICs in Smartphone Industry is Propelling the Growth of Monolithic Microwave IC Market"

Globally, the monolithic microwave IC (MMIC) market is anticipated to grow with a CAGR of more than 10.9% during the forecast period from 2019 to 2027, starting from US$7.2 Bn in 2018.

Globally, MMIC devices are used as component of choice for numerous high-frequency applications. The adoption of MMIC is largely based upon the advantages of these devices such as reduced size, low cost, and high reproducibility capabilities. These devices usually perform functions such as microwave mixing, high frequency switching, low-noise amplification, and power amplification. Global MMIC market is experiencing a boost based on its increasing implementation in smartphones. Rapid development of smartphone industry has largely contributed to increasing market size and the growth of this market.

Additionally, in order to meet the increasing bandwidth requirements various industrial sectors such as defense, aerospace, and wireless communication organizations are increasingly adopting E band. Furthermore, increasing spending in the military and defense industry across the globe are driving the growth of the MMIC market. Moreover, rapid evolution of 5G technology, and growing number of space programs are also fueling the demand for MMIC globally.

However, factors such as high development cost of MMIC, and maintaining the quality and robustness of MMICs are likely to hinder the adoption and market growth of MMIC during the forecast period.

Market Synopsis

Monolithic Microwave IC (MMIC) Market

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"Attenuators segment is expected to display significant growth opportunities during the forecast period"

Based on component, the attenuators segment is projected to experience a rapid growth during the forecast period. Attenuators are extensively used in telecommunication and electronic applications primarily to adjust the signal levels. MMIC cannot only adjust the signal levels, but also can compensate it for fundamental deviations in operating temperature.

Attenuators are commonly used in applications that require a reasonable amount of modifiable attenuation control from Direct Current to millimeter frequencies. Furthermore, in test equipment and military and commercial systems, MMIC attenuators are ideally used for high-frequency and broadband communication. They can also be used as a general-purpose building block in communication systems. All these applications of MMIC attenuators has created a huge demand for this component in end use industry. This high demand for significantly contributing to the growth of MMIC attenuators market during the forecast period.

Monolithic Microwave IC (MMIC) Market

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"Asia Pacific is projected to grow at a highest CAGR in near future"

Asia Pacific dominates the Monolithic Microwave IC Market by holding largest market share of nearly 38% of the total revenue generated worldwide. The high market shares of Asia-Pacific can be primarily attributed to increasing penetration in the field of high-speed advanced mobile technologies and extraordinary adoption of smartphones in this region. Growing penetration of advanced technologies and internet in this region, increased use of mobile services, such as social media, video, e-commerce, and financial transactions.

Countries such as China, India, Korea and Japan are home to various telecommunication and smartphone developers. Furthermore, growing terrorism activities in this region has resulted in rise in the military expenditure. Moreover, increased focus of government and private organizations for development of automotive industry, and technological advances in MMICs are also expected to contribute to the growth of MMIC market in this region.

Monolithic Microwave IC (MMIC) Market

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Some of the prominent players operating in the Monolithic Microwave IC Market include ON Semiconductor, Texas Instruments Incorporated, ADI, Northrop Grumman, Cree Inc., NXP Semiconductors N.V., Arralis Ltd., Microchip Technology, ASB Inc., Mitsubishi Electric Corporation, Skyworks Solutions, Inc., Microwave Technology, MACOM Technology Solutions and Microarray Technologies.

Monolithic Microwave IC (MMIC) Market

Historical & Forecast Period

This research report presents the analysis of each segment from 2017 to 2027 considering 2018 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segments calculated for the forecast period from 2019 to 2027.

Report Scope by Segments

The Monolithic Microwave IC Market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of global Monolithic Microwave IC Market based on component, material type, technology, frequency band, application, and geography. Key segments covered in the report are as follows:

Research Period  2017-2027
Base Year 2018
Forecast Period  2019-2027
Historical Year  2017
Unit  USD Billion

 Component Segment (2017–2027; US$ Bn)
 • Power Amplifiers
 • Low Noise Amplifiers
 • Attenuators
 • Switches
 • Phase Shifters
 • Mixers
 • Voltage-Controlled Oscillators
 • Frequency Multipliers

 Material Type Segment (2017–2027; US$ Bn)
 • Gallium Arsenide
 • Indium Phosphide
 • Silicon Germanium
 • Gallium Nitride
 • Indium Gallium Phosphide

 Technology Protocol Segment (2017–2027; US$ Bn)
 • Metal-Semiconductor Field-Effect Transistor
 • High Electron Mobility Transistor
 • Pseudomorphic High Electron Mobility Transistor
 • Enhancement-Mode Pseudomorphic High Electron Mobility Transistor
 • Metamorphic High Electron Mobility Transistor
 • Heterojunction Bipolar Transistor
 • Metal-Oxide Semiconductor

 Frequency Band Segment (2017–2027; US$ Bn)
 • L Band (1–2 GHz)
 • S Band (2–4 GHz)
 • C Band (4–8 GHz)
 • X Band (8–12 GHz)
 • Ku Band (12–18 GHz)
 • K Band (18–27 GHz)
 • Ka Band (26.5–40 GHz)
 • V Band (40–75 GHz)
 • W Band (75–110 GHz)

 Application Segment (2017–2027; US$ Bn)
 • Consumer/Enterprise Electronics
 • Wireless Communication Infrastructure
 • Automotive
 • Aerospace & Defense
 • CATV and Wired Broadband
 • Others

 Geography Segment (2017–2027; US$ Bn)
 • North America (U.S., Rest of North America)
 • Europe (U.K., Germany, France, Rest of Europe)
 • Asia Pacific (China, Japan, India, Rest of Asia Pacific)
 • Rest of the World (Middle East & Africa, Latin America)

Key questions answered in this report

  • What was the market size of Monolithic Microwave IC in 2018 and forecast up to 2027?
  • Which is the largest regional market for attenuators segment?
  • What are the major trends followed in Monolithic Microwave IC Market across different regions?
  • Who are the key Monolithic Microwave IC companies leading the market?
  • What are the key strategies adopted by the leading Monolithic Microwave IC companies in market?

Unique data points of this report

  • Statistics on Monolithic Microwave IC penetration and spending worldwide
  • Recent trends across different regions in terms of adoption of Monolithic Microwave IC for various applications in various industries
  • Notable developments going on in Monolithic Microwave IC industry
  • Attractive investment proposition for segments as well as geography
  • Comparative scenario for all the segments for years 2018 (actual) and 2027 (forecast)
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Executive Summary - Brief Global Market Size - Current & Forecast
Regional Market Size - North America
Country Market Size - US
Company Profile – 1
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Published Date:  Jul 2019
Category:  Semiconductor & Electronics
Report ID:   59774
Report Format:   PDF
Pages:   120
Rating:    4.2 (49)
Delivery Time: 24 Hours to 48 Hours   
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