$15.3 Bn Monolithic Microwave IC (MMIC) Markets - Global Trajectory & Analytics to 2027 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Aug 18, 2021--
The “Monolithic Microwave IC (MMIC) - Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.
Global Monolithic Microwave IC (MMIC) Market to Reach $15.3 Billion by 2027
Amid the COVID-19 crisis, the global market for Monolithic Microwave IC (MMIC) estimated at US$8.3 Billion in the year 2020, is projected to reach a revised size of US$15.3 Billion by 2027, growing at a CAGR of 9.2% over the analysis period 2020-2027.
Power Amplifiers, one of the segments analyzed in the report, is projected to record a 9.7% CAGR and reach US$5.4 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Low Noise Amplifiers segment is readjusted to a revised 8.4% CAGR for the next 7-year period.
The U.S. Market is Estimated at $2.4 Billion, While China is Forecast to Grow at 8.6% CAGR
The Monolithic Microwave IC (MMIC) market in the U.S. is estimated at US$2.4 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.7 Billion by the year 2027 trailing a CAGR of 8.6% over the analysis period 2020 to 2027.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.6% and 7.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 7.4% CAGR.
Attenuators Segment to Record 10.3% CAGR
In the global Attenuators segment, USA, Canada, Japan, China and Europe will drive the 10.4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$958.1 Million in the year 2020 will reach a projected size of US$1.9 Billion by the close of the analysis period.
China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.8 Billion by the year 2027.
Key Topics Covered:
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS (Total 35 Featured)
- Analog Devices, Inc.
- Aspen Electronics Ltd.
- BAE Systems
- Custom MMIC
- Infineon Technologies AG
- KYOCERA Corporation
- Maxim Integrated
- MICROREL Electronic Components
- NXP Semiconductors
- Ommic S.A.
- Qorvo, Inc
- Radiant Group of Companies
- Skyworks Solutions, Inc.
- The SETI League, Inc.
- United Monolithic Semiconductors
- WIN Semiconductors
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
- United States
- United Kingdom
- Rest Of Europe
- Rest Of World
- Total Companies Profiled: 35
For more information about this report visit https://www.researchandmarkets.com/r/8y46k6
View source version on businesswire.com:https://www.businesswire.com/news/home/20210818005595/en/
Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
INDUSTRY KEYWORD: SEMICONDUCTOR MANUFACTURING OTHER MANUFACTURING OTHER TECHNOLOGY TECHNOLOGY
SOURCE: Research and Markets
Copyright Business Wire 2021.
PUB: 08/18/2021 11:36 AM/DISC: 08/18/2021 11:36 AM