The World Monolithic Microwave IC (MMIC) Market, 2019 to 2024 - High-Frequency & Broadband Communication Systems Boost the Demand for Attenuators

DUBLIN, May 13, 2019 /PRNewswire/ -- The "Monolithic Microwave IC (MMIC) Market by Component (Power Amplifiers, LNA, Attenuators), Material Type (GaAs, InP), Frequency Band (L, S, C), Technology (MESFET, HEMT), Application (Automotive, A&D), and Geography - Global Forecast to 2024" report has been added to ResearchAndMarkets.com's offering.

The Monolithic Microwave Integrated Circuit (MMIC) market is estimated 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 the MMIC market is driven 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. However, high development costs associated with the designing of MMICs act as a major restraint for the growth of the market.

High-frequency and broadband communication systems boost the demand for attenuators, leading to its anticipated highest CAGR during forecast period

The market for attenuators is estimated to grow at the highest CAGR during the forecast period. Attenuators reduce the level of signals to protect circuits from damages caused by high-level signals. They may also be used to provide accurate impedance match as most fixed attenuators offer well-defined impedance. Attenuators may also be used in a variety of areas wherein signal levels need to be controlled. Variable 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.

Attributes such as low power consumption, high power density, and long product life contribute to the anticipated highest CAGR of gallium nitride-based MMICs during forecast period

The market for gallium nitride is estimated to grow at a higher CAGR during the forecast period. Gallium Nitride (GaN) is an emerging alternative for pure silicon in the field of semiconductors and electronics due to its high brightness emissions and intensities in opto-semiconductors, high-power efficiency, superior high frequency handling capacity, and flexibility to be used alongside various substrates such as silicon, sapphire, and Silicon Carbide (SiC). MMICs developed using gallium nitride offer high input power survivability of 40 dBm, thereby potentially eliminating the requirement for a power limiter in broadband communication, Electronic Warfare (EW) instrumentation, or radar applications.

The market in APAC expected to witness the highest CAGR during forecast period

The market in APAC is estimated to grow at the highest CAGR during the forecast period. Increased production of electronic devices in the region due to the low manufacturing cost and availability of cheap labor is a key driver for the growth of the MMIC market in Asia Pacific. Rising demand for smartphones, digital televisions, automobile electronics, and electro-medical devices in Asia Pacific is expected to contribute to the growth of the MMIC market in the region.

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) are the major players operating in the MMIC market.

Key Topics Covered

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 MMIC Market Opportunities
4.2 MMIC Market, By Component, 2019 & 2024
4.3 Asia Pacific MMIC Market, By Application and Country, 2019
4.4 MMIC Market, By Material Type, 2019 & 2024
4.5 MMIC Market, By Technology, 2019 & 2024
4.6 MMIC Market, By Frequency Band, 2019 & 2024
4.7 MMIC Market, By Application, 2019 & 2024
4.8 MMIC Market, By Region

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increased Demand for MMICs From the Smartphone Industry
5.2.1.2 Adoption of E Band to Meet the Increasing Bandwidth Requirements of Cellular and Wireless Networks
5.2.1.3 Increased Defense Spending By Countries to Upgrade Their Defense Inventories
5.2.2 Restraints
5.2.2.1 High Development Costs of MMICs
5.2.3 Opportunities
5.2.3.1 Evolution of 5G Technology to Fuel the Demand for MMICs
5.2.3.2 Increase in the Number of Space Programs Worldwide
5.2.4 Challenges
5.2.4.1 Designing Robust MMICs
5.3 Value Chain Analysis

6 MMIC Market, By Component
6.1 Introduction
6.2 Power Amplifiers
6.2.1 Power Amplifiers With Good Efficiency and Input Match are Increasingly Being Adopted in Military and Advanced Communication Systems
6.3 Low Noise Amplifiers
6.3.1 Increased Demand From the Smartphone Industry is Driving the Low Noise Amplifiers Segment
6.4 Attenuators
6.4.1 Attenuators are Ideal for High-Frequency and Broadband Communication
6.5 Switches
6.5.1 Low Insertion Loss and High Port-To-Port Isolation Features Fuel the Demand for Switches
6.6 Phase Shifters
6.6.1 Designed With Low Phase Errors and Insertion Losses
6.7 Mixers
6.7.1 Mixers Offer Best-In-Class Isolation and Conversion Losses With Low Input Power
6.8 Voltage-Controlled Oscillators
6.8.1 Benefits of Voltage-Controlled Oscillators Include Ease of Integration With Other Receiver and Transmitter Functions
6.9 Frequency Multipliers
6.9.1 Market for Frequency Multipliers Projected to Grow at the Highest CAGR in Asia Pacific During Forecast Period

7 MMIC Market, By Material Type
7.1 Introduction
7.2 Gallium Arsenide
7.2.1 Useful at Ultra-High Radio Frequencies and in Electronic Switching Applications
7.3 Indium Phosphide
7.3.1 High Gain and Breakdown Voltage Result in Increased Efficiency of Indium Phosphide MMICs
7.4 Silicon Germanium
7.4.1 Silicon Germanium Enables Development of Improved Speed-Power Products Due to the Use of High-Performance Heterojunction Bipolar Transistors
7.5 Gallium Nitride
7.5.1 MMICs Developed Using Gallium Nitride Offer High Input Power Survivability of 40 DBM, Thereby Eliminating the Requirement for A Power Limiter in Broadband Communication
7.6 Indium Gallium Phosphide
7.6.1 Indium Gallium Phosphide is Widely Used in High-Power and High-Frequency Electronics

8 MMIC Market, By Technology
8.1 Introduction
8.2 Metal-Semiconductor Field-Effect Transistor
8.2.1 High Transit Frequency Provided By Mesfet is Useful in Superior Microwave Circuits
8.3 High Electron Mobility Transistor
8.3.1 High Gain and Low Loss at High Frequencies are Among the Characteristic Advantages of HEMTs
8.4 Pseudomorphic High Electron Mobility Transistor
8.4.1 Low-Noise and Low-Switching Capabilities at Very High Frequencies Result in Increased Adoption of pHEMT
8.5 Enhancement-Mode Pseudomorphic High Electron Mobility Transistor
8.5.1 E-pHEMTs Provide A Combination of High Gain, Low Noise, and Wide Dynamic Range in High-Linearity MMIC Applications
8.6 Metamorphic High Electron Mobility Transistor
8.6.1 mHEMT Offers Large Wafer Size, Increased Reproducibility, and Improved Established Packaging
8.7 Heterojunction Bipolar Transistor
8.7.1 HBTs are Majorly Used in Applications That Require High Power Efficiency
8.8 Metal-Oxide Semiconductor
8.8.1 MOS Offers Highly Efficient Transmission and Reception of Signals, Low Power Dissipation, and High Noise Margins

9 MMIC Market, By Frequency Band
9.1 Introduction
9.2 L Band (1-2 GHz)
9.2.1 Processing in L Band is Less Complex and Requires Low-Cost Rf Equipment
9.3 S Band (2-4 GHz)
9.3.1 S Band is Majorly Used for Earth to Space Communication
9.4 C Band (4-8 GHz)
9.4.1 C Band Offers Low-Cost Bandwidth and is Less Affected By Heavy Rains
9.5 X Band (8-12 GHz)
9.5.1 X Band is Highly Sensitive and Capable of Detecting Small Particles
9.6 Ku Band (12-18 GHz)
9.6.1 Cost-Effective and Easy to Use as It Can Be Accessed Through A Small Satellite Dish and Consumes Less Power
9.7 K Band (18-27 GHz)
9.7.1 K Band is Majorly Used By Meteorologists, Police, and Law Enforcement Agencies
9.8 Ka Band (26.5-40 GHz)
9.8.1 5G Deployment in Ka Band By Several Countries to Result in Increased Demand for MMICs
9.9 V Band (40-75 GHz)
9.9.1 V Band is Used in Radio Backhaul Solutions for Small-Cell Backhauls
9.10 W Band (75-110 GHz)
9.10.1 W Band Offers Broadband Capabilities and Uncluttered Spectrum for A Wide Range of Applications

10 MMIC Market, By Application
10.1 Introduction
10.2 Consumer/Enterprise Electronics
10.2.1 Increased Demand for Fast Data Transfer Rates
10.3 Wireless Communication Infrastructure
10.3.1 Dependency of Microwave Backhauls on MMIC Power Amplifiers Expected to Boost the Demand for MMICs From Wireless Communication Infrastructure Segment
10.4 Automotive
10.4.1 Growing Trend of Fully Autonomous Vehicles to Boost the Demand for MMIC From the Automotive Segment
10.5 Aerospace & Defense
10.5.1 Growing Demand for MMICs for Defense Surveillance Activities Along Borders Drives the MMICs Market for Aerospace & Defense
10.6 CATV and Wired Broadband
10.6.1 MMICs Offer Reduced Bit Error Rate and Noise Figure to Deliver the Highest Quality Videos
10.7 Others
10.7.1 Improved Batch Processing, High Performance, Small Size, and Reproducibility of MMICs Fuel Their Demand in Other Applications

11 MMIC Market, By Region
11.1 Introduction
11.2 North America
11.2.1 US
11.2.1.1 US Projected to Lead the MMIC Market in North America
11.2.2 Canada
11.2.2.1 Increase in the Defense Budget of Canada to Boost the Growth of the MMIC Market in the Country
11.2.3 Mexico
11.2.3.1 The Growing IIoT Market Leading to an Increased Demand for MMICs in Mexico
11.3 Europe
11.3.1 Germany
11.3.1.1 Robust Electronic and Automotive Industries Create Opportunities for the Growth of the MMIC Market in Germany
11.3.2 UK
11.3.2.1 Aerospace & Defense and Automotive Industries of the UK Expected to Drive the Growth of the MMIC Market in the Country
11.3.3 France
11.3.3.1 Rising Demand for Consumer Electronics From End Users to Boost the Growth of the MMIC Market in France
11.3.4 Italy
11.3.4.1 Increasing Investments in High-Speed Broadband to Contribute to A Rise in Demand for MMICs in Italy
11.3.5 Rest of Europe
11.3.5.1 Increased Adoption of New and Advanced Communication Technologies to Lead to A Rise in Demand for MMICs in the Rest of Europe
11.4 Asia Pacific
11.4.1 China
11.4.1.1 The Rise in Defense Spending, Increased Focus of the Government on the Automotive Industry, and Scientific and Technological Developments in MMICs are Contributing to the Growth of the MMIC Market in China
11.4.2 Japan
11.4.2.1 Significant Growth in Japan's Telecom Industry is Contributing to the Increased Demand for MMICs in the Country
11.4.3 India
11.4.3.1 Increased Investments in the Aerospace & Defense and Telecom Sectors Expected to Drive the Growth of the MMIC Market in India
11.4.4 Rest of Asia Pacific
11.4.4.1 Increasing Demand for Wireless Communication and Network Technologies to Lead to the Growth of the MMIC Market in the Rest of Asia Pacific
11.5 Rest of the World (RoW)
11.5.1 Middle East & Africa
11.5.1.1 Development of Mobile Backhaul Solutions to Drive the Demand for MMICs in the Middle East & Africa
11.5.2 South America
11.5.2.1 Increased Spending in the Aerospace & Defense Sector Expected to Fuel the Growth of the MMIC Market in South America

12 Competitive Landscape
12.1 Introduction
12.2 Market Ranking Analysis
12.3 Competitive Leadership Mapping
12.3.1 Visionary Leaders
12.3.2 Dynamic Differentiators
12.3.3 Innovators
12.3.4 Emerging Companies
12.4 Competitive Benchmarking
12.4.1 Strength of Product Portfolio
12.4.2 Business Strategy Excellence
12.5 Competitive Situations and Trends

13 Company Profiles
13.1 Key Players
13.1.1 NXP Semiconductors
13.1.2 Analog Devices
13.1.3 Skyworks Solutions
13.1.4 Broadcom
13.1.5 Qorvo
13.1.6 MACOM
13.1.7 Infineon Technologies
13.1.8 Maxim Integrated
13.1.9 Mini-Circuits, Inc.
13.1.10 OMMIC
13.1.11 Win Semiconductors
13.1.12 United Monolithic Semiconductors (UMS)
13.2 Other Prominent Players
13.2.1 Custom MMIC Design Services, Inc.
13.2.2 Microarray Technologies
13.2.3 Vectrawave
13.2.4 Berex
13.2.5 Arralis

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