Global monolithic microwave IC (MMIC) Market was valued at US$ 6.6Bn in 2017 and is expected to reach US$ 15.7Bn by 2026, at a CAGR of 11.44% during a forecast period. 
The growth of this market is being fueled by the increased demand for monolithic microwave IC (MMIC) market from the flourishing smartphone industry. Growing implementation 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. Based on the material type segment,the growth of global monolithic microwave IC (MMIC) market is being fueled by the improved demand for MMIC monolithic microwave IC market from the flourishing smartphone industry. Growing implementation 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. On the basis of technology segment, 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. Based on theapplication segment, the growing use of smartphones and rising demand for fast data transfer rates are the main factors driving the growth of the consumer/enterprise electronics segment of the global monolithic microwave IC (MMIC) market. With the upcoming 5G technology, the data transfer rate is projected to increase further, thereby leading to an increased demand for MMICs used in smartphones technologies. 
In terms of region, APACcan be attributed to the high implementation rate of smartphones. Significant shift toward high-speed mobile technologies (for instance, the shift from 3G to 4G) improved use of mobile services, including video, social media, e-commerce, and financial services.China is a global manufacturing hub with a flourishing electronics industry and one of the fastest-growing economies in the world. Factors like the rise in defense spending, increased focus of governments on the automotive industry, and scientific and technological developments in global monolithic microwave IC (MMIC) market are leading to the growth of the (MMIC) marketin China. The report offers a complete evaluation of the market. It does so via in-depth qualitative visions, historical data, and verifiable projections about market size. The estimates featured in the report have been derived using proven research methodologies and expectations. By doing so, the examination report serves as a repository of analysis and information for every facet of the market. The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding Monolithic microwave ic(MMIC) Market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in Monolithic Microwave IC (MMIC) Market.
Scope of Global Monolithic Microwave IC (MMIC) Market
Global Monolithic Microwave IC (MMIC) Market, by Component
• Power Amplifiers • Low Noise Amplifiers • Attenuators • Switches • Phase Shifters • Mixers • Voltage-Controlled Oscillators • Frequency Multipliers
Global Monolithic Microwave IC (MMIC) Market, by Material Type
• Gallium Arsenide • Indium Phosphide • Silicon Germanium • Gallium Nitride • Indium Gallium Phosphide
Global Monolithic Microwave IC (MMIC) Market, by Technology
• Metal-Semiconductor Field-Effect Transistor • High Electron Mobility Transistor • Pseudomorphic High Electron Mobility Transistor • Enhancement-Mode Pseudomorphic High Electron Mobility Transistor • Metamorphic High Electron Mobility Transistor • Heterojunction Bipolar Transistor • Metal-Oxide Semiconductor
Global Monolithic Microwave IC (MMIC) Market, by Frequency Band
• L Band (1–2 GHz) • S Band (2–4 GHz) • C Band (4–8 GHz) • X Band (8–12 GHz) • Ku Band (12–18 GHz) • K Band (18–27 GHz) • Ka Band (26.5–40 GHz) • V Band (40–75 GHz) • W Band (75–110 GHz)
Global Monolithic Microwave IC (MMIC) Market, by Application
• Consumer/Enterprise Electronics • Wireless Communication Infrastructure • Automotive • Aerospace & Defense • CATV and Wired Broadband • Others
Global Monolithic Microwave IC (MMIC) Market, by Region
• North America • Europe • Asia Pacific • Middle East & Africa • South America
Key Players Operating in Global Monolithic Microwave IC (MMIC) Market
• NXP Semiconductors • Analog Devices • Skyworks Solutions • Broadcom • Qorvo • MACOM • Infineon Technologie • Maxim Integrated • Mini-Circuits, Inc. • OMMIC • Win Semiconductors • United Monolithic Semiconductors (UMS) • Custom MMIC Design Services, Inc. • Microarray Technologies • Vectrawave • Berex • Arralis
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