The overall monolithic microwave IC (MMIC) market is
expected to grow from USD 7.7 billion in 2019 to USD 12.7 billion by
2024, at a CAGR of 10.6% between 2019 and 2024. The growth of this
monolithic microwave IC market is being fueled by the increased demand
for MMICs from the flourishing smartphone industry; increasing adoption
of E band to meet the growing bandwidth requirements of the space,
defense, and wireless communication infrastructure sectors; and rising
defense spending of countries, globally.
“Market for attenuators expected to grow at a higher rate during forecast period”
Attenuators are used widely in telecommunication and electronic warfare applications to adjust the signal level or compensate it for intrinsic gain variations in operating temperature. In test equipment and commercial and military systems, MMIC voltage-controlled attenuators are ideal for high-frequency and broadband communication. Attenuators are mostly used in applications which require a moderate amount of adjustable attenuation and fast attenuation control from Direct Current (DC) to millimeter frequencies. They are also used as a general-purpose building block in communication systems.
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“Market for attenuators expected to grow at a higher rate during forecast period”
Attenuators are used widely in telecommunication and electronic warfare applications to adjust the signal level or compensate it for intrinsic gain variations in operating temperature. In test equipment and commercial and military systems, MMIC voltage-controlled attenuators are ideal for high-frequency and broadband communication. Attenuators are mostly used in applications which require a moderate amount of adjustable attenuation and fast attenuation control from Direct Current (DC) to millimeter frequencies. They are also used as a general-purpose building block in communication systems.
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“Gallium nitride monolithic microwave IC market expected to grow at the highest rate during forecast period”
The use of gallium nitride in MMICs results in low
power consumption, high power density, long product life, small arrays,
and high data throughput. Gallium nitride is very hard and mechanically
stable semiconductor material with a wide bandgap and high heat capacity
and thermal conductivity. In September 2015, Germany-based Infineon
Technologies AG launched a new series of gallium nitride on silicon
carbide RF power transistors at the European Microwave Week. These
transistors offer large bandwidth, improved power density, and high
efficiency to support the future cellular infrastructure such as 5G for
mobile base station transmitters.
“MMIC market for E-pHEMT expected to grow at the highest rate during forecast period”
Enhancement-mode Pseudomorphic High Electron Mobility
Transistors (E-pHEMTs) are primarily used for power amplifier
applications. These transistors are also suitable for use in
high-frequency ranges as their saturated drain-source current (Idss) is
less than 10 µA at room temperature and are capable of operating in
highly mismatched conditions. E-pHEMTs offer superior output power and
high efficiency with bias voltages of less than +3 VDC. For commercial
communication systems, E-pHEMTs offer a combination of high gain, low
noise, and wide dynamic range in high-linearity MMIC applications.
“Consumer/enterprise electronics expected to be the largest application market of MMIC during forecast period”
The growing use of smartphones and rising demand for
fast data transfer rates are the major factors driving the growth of the
consumer/enterprise electronics segment of the MMIC market. With the
upcoming 5G technology, the data transfer rate is expected to increase
further, thereby leading to an increased demand for MMICs used in
smartphones technologies.
Key players operating in the MMIC market include
Analog Devices (US), NXP Semiconductor (Netherlands), MACOM (US), Qorvo
(US), Skyworks Solutions (US), Broadcom (US), Infineon Technologies
(Germany), Maxim Integrated (US), Mini-Circuits (US), OMMIC (France),
WIN Semiconductors (Taiwan), United Monolithic Semiconductors (UMS)
(France), Custom MMIC Design Services (US), Microarray Technologies
(China), VectraWave (France), BeRex (South Korea), and Arralis
(Ireland).
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Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
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