Semiconductor and Electronic Survey

The global   Monolithic Microwave Integrated Circuit (MMIC) Market   experienced rapid growth and was valued at USD 9.7 billion in 2022. Forecasts point to a sustained rising trend, with the market expected to reach USD 17.0 billion by 2027, exhibiting a strong Compound Annual Growth Rate (CAGR) of 11.9% for the 2022–2027 forecast period. The demand for components like power amplifiers, low noise amplifiers (LNA), and switches across a variety of applications including automotive and aerospace & defence (A&D) is rising, which is one of the factors contributing to the growth of the MMIC market. Further driving the market's growth are technological developments, such as the application of materials like gallium arsenide (GaAs), indium phosphate (InP), and gallium nitride (GaN), as well as breakthroughs in frequency bands like Ka, S, and X. These patterns highlight how important the MMIC market is to advancing technology and satisfying the changing needs of many indu...

As of 2022, the   Monolithic Microwave IC (MMIC) Market   was valued at USD 9.7 billion, and by 2027, it is expected to have grown to USD 17.0 billion. The strong expansion can be ascribed to a compound annual growth rate (CAGR) of 11.9% from 2022 to 2027. Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=86745565 A number of factors, such as the growing need for sophisticated components including switches, power amplifiers, and low noise amplifiers (LNA), are driving the industry. The market's growth is further aided by the use of several materials, including gallium arsenide (GaAs), indium phosphate (InP), and gallium nitride (GaN). Applications such as automotive and aerospace & defence (A&D) rely heavily on the frequency band and technology segments, which include the Ka, S, and X bands and the Metal-Semiconductor Field-Effect Transistor (MESFET) and High Electron Mobility Transistor (HEMT), respectively. In the MMIC industry, co...

The   Monolithic Microwave IC Market  showed strong growth, reaching a worth of USD 9.7 billion in 2022 and expected to reach USD 17.0 billion by 2027. It is anticipated that the market would expand at a notable compound annual growth rate (CAGR) of 11.9% from 2022 to 2027. This growth trend shows how Monolithic Microwave Integrated Circuits (MMICs) are becoming more and more popular in a variety of industries. MMICs are essential parts of applications like consumer electronics, aircraft, defence, and telecommunications because of their small size and excellent performance at microwave frequencies. Technological developments, the growing need for high-frequency communication systems, and the extensive use of MMICs in developing technologies are the main factors propelling the market's growth. The MMIC market is expanding significantly due to a number of important factors. The smartphone industry is a major trigger for the spike in demand for Monolithic Microwave Integrated Cir...

The Global   Monolithic Microwave IC Market   was valued at USD 9.7 billion in 2022 and is projected to reach USD 17.0 billion 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. Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=86745565 Evolution of 5G technology and increase in the number of space programs worldwide are creating opportunities for the MMIC market. 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), Skywor...