Outlook on the Monolithic Microwave IC Global Market to 2030 – Players Include ON Semiconductor, Texas Instruments, Analog Devices and Northrop Grumman – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Monolithic Microwave IC (MMIC) Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2022 to 2030” report has been added to ResearchAndMarkets.com’s offering.

Globally, the monolithic microwave IC (MMIC) market is anticipated to grow with a CAGR of more than 10.4% during the forecast period from 2022 to 2030.

Companies Mentioned

• ON Semiconductor
• Texas Instruments Incorporated
• Analog Devices Inc.
• Northrop Grumman
• Wolfspeed Inc. (Cree Inc.)
• NXP Semiconductors N.V.
• Arralis Ltd.
• Microchip Technology Inc.
• Mitsubishi Electric Corporation
• Skyworks Solutions Inc.
• Microwave Technology Inc.
• MACOM Technology Solutions
• ASB Inc.

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. 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.

Global Monolithic Microwave IC Market, by Component, 2021 (US$ Mn)

Based on component, power amplifiers have the largest market revenues. Power amplifiers accounted to the largest share of about 20% of market revenues. Low noise amplifiers market was the second-largest market segment that accounting to about 18% of the market revenues.

Global Monolithic Microwave IC Market, by Material Type, 2021 (US$ Mn)

Based on material type, gallium arsenide market had the largest market revenues. Gallium arsenide market and accounted to the largest share of about 32% of market revenues in 2020. Indium phosphide remained as the second largest market segment that reached that accounted to about 28% of the market revenues.

Global Monolithic Microwave IC Market, by Technology Protocol, 2021 (US$ Mn)

Based on technology protocol, metal-semiconductor field-effect transistor had the largest market revenues. Metal-semiconductor field-effect transistor market accounted to the largest share of about 54% of market revenues. High electron mobility transistor remained as the second-largest market segment that reached that accounted to about 6% of the market revenues.

Global Monolithic Microwave IC Market, by Geography, 2021 (US$ Mn)

Based on geography, Asia Pacific market had the largest market revenues. MMIC market for APAC accounted to the largest share of about 39% of market revenues. MMIC market for North America was the second-largest market segment that reached accounted to about 28% of the market revenues.

Key questions answered in this report

• What are the key micro and macro environmental factors that are impacting the growth of Monolithic Microwave IC (MMIC) market?
• What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
• Estimated forecast and market projections up to 2030.
• Which segment accounts for the fastest CAGR during the forecast period?
• Which market segment holds a larger market share and why?
• Are low and middle-income economies investing in the Monolithic Microwave IC (MMIC) market?
• Which is the largest regional market for Monolithic Microwave IC (MMIC) market?
• What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
• Which are the key trends driving Monolithic Microwave IC (MMIC) market growth?
• Who are the key competitors and what are their key strategies to enhance their market presence in the Monolithic Microwave IC (MMIC) market worldwide?

For more information about this report visit https://www.researchandmarkets.com/r/guqmlt

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