• Reports

      Reports

      Stay ahead and make informed decisions with Delvens insightful analysis on key business and technological trends.

      How We Can help you
      • Healthcare
      • Automotive
      • Chemicals & Materials
      • Aerospace & Defense
      • Semiconductors & Electronics
      • Food & Beverages
      • Pharmaceutical
      • IT & Telecom
      • Energy
      • Consumer Goods & Services
  • Best Practice Guide

      Best Practice Guides

      The Delvens Best Practice Team offers practical tactics, procedures, and resources to help you address the major growth-related dos and don'ts.

      How We Can help you
      • Healthcare
      • Automotive
      • Chemicals & Materials
      • Aerospace & Defense
      • Semiconductors & Electronics
      • Food & Beverages
      • Pharmaceutical
      • IT & Telecom
      • Energy
      • Consumer Goods & Services
  • Expertise

      Expertise

      Delvens' decades of experience helps you to strategize, plan, optimize and win.

      See What we can do
      • Syndicated Research
      • Custom Research
      • Consulting
      • Implementation Support
      • Audio-Video Infographic Workshops
      • Subscription Model
      • Bundle Reports Model
      • Best Practice Guides
  • Innovation

      Innovation

      Gain thought-provoking insights on some of the biggest trends in the world to guide you in the phase of innovation.

      Let's Innovate

      Latest Chronicles

      Pharma Businesses

      Pharma businesses that are rewired will win in the digital era

      13th July 2023

      Featured Chronicle

      ESG

      Why ESG is more important than ever!

      4th November 2022
  • Innovation
  • Explore

      Explore

      From accelerating growth and providing strategic vision to the world's biggest brands, to lunch-break sneaker shopping on Melrose, and thirsty Thursdays at the local pubs. We have a Hustling atmosphere because growing together should be fun, or why do it?

      Let's Explore Something

      About

      • Who We Are
      • Why Choose Us
      • Research Methodology
      • Careers
      • Contact

      Help

      • Customer FAQs
      • How To Order
      • Delivery Method
      • Return Policy
      • Privacy Policy
      • Terms of Use
  • Newscast

      Blogs

      The Pros and Cons of Cloud Computing

      The Pros and Cons of Cloud Computing

      13th July 2023
      Let's Read

      Press Room

      Healthcare AI Innovation

      Healthcare AI innovation: a new era of patientcare

      13th July 2023
      Let's Understand

      Article

      Electric Vehicle Thermal Management System (EVTMS) Market

      19th May 2023
      Let's Study
  • Newscast
      • Blog
      • Article
      • Pressroom
Semiconductors & Electronics Icon

Monolithic Microwave IC (MMIC) Market – Trends Forecast Till 2030

Monolithic Microwave IC (MMIC) Market by Component (Power Amplifiers, LNA, Switches), Material Type (GaAs, InP, GaN), Frequency Band (Ka, S, X), Technology (MESFET, HEMT), Application (Automotive, A&D) and region (North America, Europe, Asia-Pacific, Middle East and Africa and South America).

  • Published Date : June 2023
  • Base Year Estimate : 2022
  • Report ID : D-SE-MMICM-1412
  • Format :
  • Number of Pages : 570
  • Domain : Semiconductors & Electronics
  1. Semiconductors & Electronics
  2. Monolithic Microwave IC (MMIC) Market – Trends Forecast Till 2030
Buy Now Get Free Sample Now
REPORT SYNOPSIS
Market Snapshot Market Overview Delvens Industry Expert's Standpoint Market Portfolio Key Findings Regional Analysis Competitive Landscape Recent Developments Reasons to Acquire Report Scope
Table Of Content Frequently Asked Questions

Market Snapshot

Market Overview

The global Monolithic Microwave IC (MMIC) Market size is projected to reach a CAGR of 11.9% from 2023-2030.

A monolithic microwave IC (MMIC) is a type of integrated circuit that operates at microwave frequencies. The functions of this device are microwave mixing, low noise amplification, power amplification, and high-frequency switching. The market for MMIC is growing as there is a rising demand for MMIC from the smartphone manufacturing industry.

Major factors that are expected to boost the growth of the monolithic microwave IC market in the forecast period are the rise in the need for monolithic microwave integrated circuits (MMICs) from the smartphone industry. Furthermore, the increase in the acceptance of E band to meet the growing bandwidth needs of cellular and wireless networks is further propelling the growth of the monolithic microwave IC market. Moreover, the rise in defense expenditure by the countries to upgrade their defense inventories is estimated to cushion the growth of the monolithic microwave IC market. In addition, the evolution of 5G technology to rise in the need for (MMICs) will further provide opportunities for the monolithic microwave IC market in the coming years.

On the other hand, the rise in the development expenditure of monolithic microwave integrated circuits (MMICs) is further anticipated to impede the growth of the monolithic microwave IC market in the timeline period. However, the designing of sturdy monolithic microwave integrated circuits (MMICs) might further challenge the growth of the monolithic microwave IC market in the near future.

The COVID-19 pandemic outbreak had varying effects on the global MMIC market. Initially, due to several lockdowns and strict restrictions imposed, the demand for these circuits in aerospace was affected due to a fall in commercial aviation and passenger volume. MMICs used in the defense industry also suffered from supply chain disruptions. However, on the contrary, the pandemic led to increased dependence on digital technologies, thus, investments in wireless communications and 5G networks increased.

Delvens Industry Expert's Standpoint

The Monolithic Microwave IC (MMIC) Market is expected to see significant growth in the coming years due to the increasing demand for high-frequency applications across various industries, such as telecommunications, aerospace, defense, and automotive. With the advent of 5G technology, the need for high-speed wireless connectivity is expected to further boost the market growth of MMICs. Additionally, advancements in technology, such as the development of gallium nitride (GaN) and silicon carbide (SiC) materials, are expected to drive the adoption of MMICs in various applications. The Asia Pacific region is expected to be the largest market for MMICs due to the presence of a large number of semiconductor foundries and the increasing demand for wireless communication technology. Overall, the MMIC market is poised for significant growth in the coming years, and industry players are expected to focus on developing innovative products and expanding their customer base to stay competitive in this dynamic market.

Market Portfolio

Key Findings

  • The type segment is further segmented into Gallium Arsenide, Indium Phosphate, Indium Gallium Phosphide, Silicon Germanium, and Gallium Nitride. The use of gallium arsenide in MMICs leads to lesser noise generation in devices as compared to other semiconductors. These are also relatively insensitive to heat as compared to silicon cells. For the aforementioned reasons, they hold the largest market share and are expected to continue doing so in the forecast period.
  • The technology segment is further fragmented into HEMT, pHEMT, HBT, MESFET, mHEMT, E-pHEMT, and MOS. The largest market share is expected to be held by HEMT technology during the forecast period due to their increasing demand in different applications that require high gain and low loss at high-frequency bandwidth like radars, imagining, microwave, milliliter wave communication, and radio astronomy among others.
     
  • The market is also divided into various regions such as North America, Europe, Asia-Pacific, South America, and Middle East and Africa. The market in Asia Pacific holds the largest market share and highest growth rate and is expected to retain its position during the forecast period. The growth of the market in this region can be attributed to the high adoption rate of smartphones; a significant shift toward high-speed mobile technologies (for instance, the shift from 3G to 4G); increased use of mobile services including video, social media, e-commerce, and financial services; and rise in the military expenditure of countries such as China, India, Japan, and South Korea.

Regional Analysis

Asia Pacific to Dominate the Market

  • The market in Asia Pacific holds the largest market share and highest growth rate and is expected to retain its position during the forecast period.
     
  • The growth of the market in this region can be attributed to the high adoption rate of smartphones; a significant shift toward high-speed mobile technologies (for instance, the shift from 3G to 4G); increased use of mobile services including video, social media, e-commerce, and financial services; and rise in the military expenditure of countries such as China, India, Japan, and South Korea.

Competitive Landscape

  • Analog Devices, Inc
  • Broadcom
  • Infineon Technologies AG
  • MACOM
  • Maxim Integrated
  • Mini-Circuits, Inc
  • NXP Semiconductors
  • OMMIC S.A
  • Qorvo, Inc
  • Skyworks Solutions Inc