1. Market Research
  2. > ICT
  3. > Telecom
  4. > Mobile Services Market Trends
Monolithic Microwave IC Market by Component, Material Type, Frequency Band, Technology, Application and Geography - Global Forecast to 2027

Monolithic Microwave IC Market by Component, Material Type, Frequency Band, Technology, Application and Geography - Global Forecast to 2027

  • May 2022
  • 231 pages
  • ID: 5774400
  • Format: PDF
  • MarketsandMarkets

Summary

Table of Contents

Search Inside

The global MMIC market was valued at USD 9.7billion in 2022 and is projected to reach USD 17.0billion by 2027, growing at a CAGR of 11.9% during the forecast period from 2022 to 2027. The key factors driving the growth of the MMIC market include increased demand for MMICs from the smartphone industry, the adoption of E band to meet the growing bandwidth requirements of cellular and wireless networks, increased defense spending of countries for the upgrade of their defense inventories, and the growing adoption of next-generation warfare techniques.

The impact of COVID-19 on the overall MMIC market has been varied up until now.COVID-19 has severely impacted the supply chain of consumer electronics, mobile devices, computers, and other electronic devices which are the leading application industries of the MMIC market.

Months of lockdowns and suspension of manufacturing operations have further hampered economic growth and upended the global semiconductor industry and created a major chip shortage, affecting automobiles, computers, and other industries worldwide. This shortage comes with an opportunity for investments and the emergence of new players in the semiconductor industry.

Smartphones applications in consumer/enterprise electronics segment to account for the largest market share in MMIC market during the forecast period
The market for smartphonesis growing rapidly and is expected to show significant growth over the coming years owing to the rising trend of e-Commerce and m-Commerce, particularly among the working population.Growing Internet penetration, increasing marketing activities by smartphone vendors, and rising subscriptions in social media are some of the key factors driving global smartphone sales.

The increasing number of smartphones is expected to boost the MMIC market globally.

China to account for the largest share of MMIC market in Asia Pacific during the forecast period
The MMIC market in the China holds the largest market share and is expected to retain its position during the forecast period as China is a global manufacturing hub with a flourishing electronics industry and one of the fastest-growing economies in the world.It also has the second-largest budget for R&D activities in the world and invests ~2% of its GDP in R&D activities.

The increase in industrial automation in China and “Made in China 2025” initiative, started by the Chinese government in 2015is fueling the demand for microwave devices in the country.

US to account for the largest share of MMIC market in North America during the forecast period
The MMIC market in the US holds the largest market share and is expected to retain its position during the forecast period due to the presence of top MMIC manufacturers such as Analog Devices (US), MACOM (US), Skyworks Solutions (US), and Qorvo (US).

Breakdown ofprimary participants:
• By Company Type: Tier 1 = 38%, Tier 2 = 28%, and Tier 3 = 34%
• By Designation: C-Level Executives = 40%, Directors = 30%, and Others = 30%
• By Region: North America = 35%, Europe = 20%,APAC = 35%, and RoW = 10%
Some of the key companies in the MMIC market are Analog Devices, Inc. (US), NXP Semiconductors N.V. (Netherlands), MACOM Technology Solutions Holdings, Inc. (US), Qorvo, Inc. (US), Skyworks Solutions, inc. (US), Infineon Technologies AG (Germany), Mini-Circuits (US), OMMIC (France), WIN Semiconductors Corp. (Taiwan), United Monolithic Semiconductors (UMS) (France), ON Semiconductor Corporation (onsemi) (US), Microarray Technologies Corporation Limited (China), VectraWave (France), BeRex Co., Ltd. (South Korea), Wolfspeed, Inc. (US), MicroWave Technology, Inc. (MwT) (US), ASB Inc. (South Korea), Texas Instruments (US), Northrop Grumman Corporation (US), Toshiba Infrastructure Systems and Solutions Corporation (Japan), STMicroelectronics (Switzerland), Microchip Technology Inc. (US), Sumitomo Electric Industries, Ltd. (Japan), Mitsubishi Electric Corporation (Japan), and Arralis (Ireland) are the major players operating in the MMIC market.

Research Coverage:
In this report,the MMIC markethas been segmented on the basis ofcomponent, material type, technology, Frequency band, application, and geography.The report also discussesthe drivers, restraints, opportunities, and challengespertaining to the market. It gives a detailed view of the market across four main regions—North America, Europe, APAC, and RoW. Valuechainanalysis has been included in the report, along with the key players and their competitive analysis in the MMICecosystem.

Key Benefits to Buy the Report:
• This report includes statistics for the MMICmarketbased oncomponent, material type, technology, Frequency band, application, and geography,along with their respective market sizes.
• Valuechain analysis andkey industry trends have been providedfor the market.
• Major drivers, restraints, opportunities, and challenges for the MMICmarkethave been provided in detail in this report.
• This report would help stakeholders to understand their competitors better and gain more insights to enhance their position in the market. The competitive landscape section includes the competitor ecosystem and the recent development strategies adopted by the key players in the market,such as product launches/developments, contracts/collaborations/agreements/acquisitions.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Grace helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

RF Tunable Filter Market by Type, Tuning Mechanism, Tuning Component, System, Application and Geography - Global Forecast to 2027

  • $ 4950
  • June 2022
  • 262 pages

The global RF tunable filter market is projected to reach USD 168 million by 2027 from an estimated USD 100 million in 2022, at a CAGR of 10.8% from 2022 to 2027.The growth of the market can be attributed ...

  • World
  • APAC
  • Mobile Services
  • Aerospace And Defense
  • Industry analysis
  • Energy Consumption
  • Mobile Phone Penetration

ref:plp2022

Reportlinker.com © Copyright 2022. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on