Global Microwave Monolithic Integrated Circuit (MMIC) Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Microwave Monolithic Integrated Circuit (MMIC) Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Microwave Monolithic Integrated Circuit (MMIC) market size was valued at USD 9274.4 million in 2023 and is forecast to a readjusted size of USD 13540 million by 2030 with a CAGR of 5.6% during review period.

MMIC is a type of integrated circuit (IC) device that operates at microwave frequencies (300 MHz to 300 GHz). MMICs contain active, passive, and interconnect components. These devices typically perform functions such as microwave mixing, power amplification, low-noise amplification, and high-frequency switching. Most of MMICs are fabricated on III-V compound substrates such as GaAs, InP, and GaN, silicon and SiGe MMICs are also becoming commonplace, especially where complex mixed signal systems need to be integrated on the same chip. MMICs are the components of choice for most of high-frequency applications. They offer several advantages over their discrete or hybrid counterparts, such as reduced size, low cost, and high reproducibility and repeatable performance.

The global market for semiconductor was estimated at US$ 579 billion in the year 2022, is projected to US$ 790 billion by 2029, growing at a CAGR of 6% during the forecast period. Although some major categories are still double-digit year-over-year growth in 2022, led by Analog with 20.76%, Sensor with 16.31%, and Logic with 14.46% growth, Memory declined with 12.64% year over year. The microprocessor (MPU) and microcontroller (MCU) segments will experience stagnant growth due to weak shipments and investment in notebooks, computers, and standard desktops. In the current market scenario, the growing popularity of IoT-based electronics is stimulating the need for powerful processors and controllers. Hybrid MPUs and MCUs provide real-time embedded processing and control for the topmost IoT-based applications, resulting in significant market growth. The Analog IC segment is expected to grow gradually, while demand from the networking and communications industries is limited. Few of the emerging trends in the growing demand for Analog integrated circuits include signal conversion, automotive-specific Analog applications, and power management. They drive the growing demand for discrete power devices.

The Global Info Research report includes an overview of the development of the Microwave Monolithic Integrated Circuit (MMIC) industry chain, the market status of Consumer Electronics (GaAs, GaN), IT and Telecommunications (GaAs, GaN), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Microwave Monolithic Integrated Circuit (MMIC).

Regionally, the report analyzes the Microwave Monolithic Integrated Circuit (MMIC) markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Microwave Monolithic Integrated Circuit (MMIC) market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Microwave Monolithic Integrated Circuit (MMIC) market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Microwave Monolithic Integrated Circuit (MMIC) industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (M Units), revenue generated, and market share of different by Type (e.g., GaAs, GaN).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Microwave Monolithic Integrated Circuit (MMIC) market.

Regional Analysis: The report involves examining the Microwave Monolithic Integrated Circuit (MMIC) market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Microwave Monolithic Integrated Circuit (MMIC) market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Microwave Monolithic Integrated Circuit (MMIC):

Company Analysis: Report covers individual Microwave Monolithic Integrated Circuit (MMIC) manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Microwave Monolithic Integrated Circuit (MMIC) This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Consumer Electronics, IT and Telecommunications).

Technology Analysis: Report covers specific technologies relevant to Microwave Monolithic Integrated Circuit (MMIC). It assesses the current state, advancements, and potential future developments in Microwave Monolithic Integrated Circuit (MMIC) areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Microwave Monolithic Integrated Circuit (MMIC) market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Microwave Monolithic Integrated Circuit (MMIC) market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
GaAs
GaN
SiGe
Other

Market segment by Application
Consumer Electronics
IT and Telecommunications
Automation
Aerospace & Defense
Others

Major players covered
ON Semiconductor
TI
ADI
Northrop Grumman
Cree
NXP Semiconductors
Arralis
Microchip Technology
ASB
Mitsubishi Electric
Skyworks
Microwave Technology
MACOM
Microarray Technologies

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Microwave Monolithic Integrated Circuit (MMIC) product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Microwave Monolithic Integrated Circuit (MMIC), with price, sales, revenue and global market share of Microwave Monolithic Integrated Circuit (MMIC) from 2019 to 2024.

Chapter 3, the Microwave Monolithic Integrated Circuit (MMIC) competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Microwave Monolithic Integrated Circuit (MMIC) breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Microwave Monolithic Integrated Circuit (MMIC) market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Microwave Monolithic Integrated Circuit (MMIC).

Chapter 14 and 15, to describe Microwave Monolithic Integrated Circuit (MMIC) sales channel, distributors, customers, research findings and conclusion.