This report was recently updated on October 23 2024 with the latest and most recent
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Global Monolithic Microwave Integrated Circuit Market Forecasts to 2026
Monolithic Microwave Integrated Circuit (MMIC) Market Insights
The global monolithic microwave integrated circuit (MMIC) market is expected to grow at a moderate CAGR during the forecast period. A Monolithic Microwave Integrated Circuit (MMIC) is a type of integrated circuit (IC) device which operates at microwave frequencies (300 MHz to 300 GHz). This makes MMIC’s easier to use, as cascading of MMIC’s then does not require an external matching network. MMIC are used in different industries such as consumer electronics, IT & telecommunication, automation, aerospace and defense among others. This is expected to drive the market for MMIC. Another factor behind the development of this technology has been batch processing, leading to low cost, high performance, small size, and reproducibility similar to that or silicon integrated circuits. The processing complexity required in the manufacturing of microwave monolithic integrated circuits on a compact circuit is a potential factor restraining its implementation for short and medium sized vendors with limited technological resources.
Monolithic Microwave Integrated Circuit (MMIC) Market: By Product Type
The global monolithic microwave integrated circuit (MMIC) market can be segmented into small integrated circuit, medium integrated circuit, large integrated circuit and very large integrated circuit on the basis of product type. Among these segments, small integrated circuit is expected to dominate the global MMIC market owing to use of high frequency devices such as cellular phones. Medium integrated circuits and large integrated circuits are expected to grow at a significant CAGR in the global MMIC market.
Monolithic Microwave Integrated Circuit (MMIC) Market: By Material
On the basis of material, the global monolithic microwave integrated circuit (MMIC) market can be classified into silicon, silicon germanium, gallium arsenide, others. The silicon segment is expected to dominate the MMIC market owing to lower fabrication cost as compared to rest of the materials. This has led to transition from Gallium Arsenide to Silicon for fabrication of microwave monolithic integrated circuits.
Monolithic Microwave Integrated Circuit (MMIC) Market: By Industry Vertical
On the basis of industry vertical, the global monolithic microwave integrated circuit ( MMIC) market can be classified into consumer electronics, IT & telecommunication, automation, aerospace and defense, others. Among these segments, consumer electronics and IT & telecommunication are expected to dominate the MMIC market. The on-going research and technological developments are also expected to increase use of MMIC in the aerospace, defense segment. The dependence of situational awareness supporting systems in the military aircraft and naval carriers is the driving force for MMIC.
Monolithic Microwave Integrated Circuit (MMIC) Market: By Application
On the basis of application, the global monolithic microwave integrated circuit (MMIC) market can be classified into low noise amplification, power amplification, high frequency switching, microwave mixing, inputs & outputs devices, others. The low noise amplification and power amplification segment is expected to hold the largest market share in the MMIC market. Microwave mixing, inputs & outputs devices segment are expected to grow at a significant rate in the global MMIC market as well.
Monolithic Microwave Integrated Circuit (MMIC) Market: By Region
The global monolithic microwave integrated circuit (MMIC) market in terms of region is dominated by North America owing to rising application of MMIC’s in consumer electronics, IT & telecommunication, automation, aerospace and defense among others. Asia Pacific is also expected to witness high growth during the forecast period. Countries such as China, India, Japan, and South Korea are expected to contribute significantly to this market growth owing to the use of MMIC’s in the electronic industry and increase in production in industries such as automotive and consumer electronics.
Monolithic Microwave Integrated Circuit (MMIC) Market: End Use Landscape
The end-user landscape entails a list of current and prospective consumers prevailing across the regions. This section briefs you about company addresses, contact details, products, and regional presence of companies who are purchasing or are likely to purchase. The key end-users of the markets are Bosch, Lockheed Martin, IPhone and Boeing among others
Monolithic Microwave Integrated Circuit (MMIC) Market: Vendor Landscape
The report contains a chapter dedicated to vendors operating in the market, covering raw material manufactures, equipment developers, manufacturers, and distributors. The report provides these insights on a regional level. This section of the report entails contact details, experience, products manufactured/supplied, and geographical presence of companies.
Monolithic Microwave Integrated Circuit (MMIC) Market: Share & Competitor Analysis
Some of the key players operating in the Monolithic Microwave Integrated Circuit (MMIC) market are Nxp Semiconductors, Texas Instruments, Fujitsu Limited, Cree Incorporated, Osram, Opto Semiconductor, Infenion Technologies Ag, Genesic Semiconductors Inc, Norstel Ab, Toshiba Corporation, Renesas Electronics Corporation, Microsemi Corporation, ROHM Co Ltd, ST Microelectronics And United Microelectronics Corporation among others.
Please note: This is not an exhaustive list of companies profiled in the report.
In 2019, Toshiba Energy Systems & Solutions Corporation announced that it has established redox treatment technology for metal-oxide to minimize secondary radioactive wastes from nuclear power plants. The technology takes advantage of molten salt to isolate four elements containing long-lived fission products (LLFPs) into metal from vitrified radioactive waste
In 2019, Osram acquired Ring Automotive to strengthen its aftermarket business which will also help at the same time to use stable distribution channels in the United Kingdom for Osram
In 2018, Osram entered the 3D sensing market with two new Vertical Cavity Surface Emitting Lasers (VCSEL), PLPVCQ 850 and the PLPVCQ 940, the latest additions to its Bidos product. The new VCSEL includes machine vision or facial recognition, as well as object or architectural scanning that involves mapping an area in 3D and positioning virtual furniture and other items
The global liner hangers market has been studied from the year 2017 till 2026. However, the CAGR provided in the report is from the year 2018 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the liner hangers market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company’s manufacturing liner hangers, and customer analytics.
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