Monolithic Microwave Integrated Circuit Market Size, Share, Opportunities, And Trends By Material (Gallium Arsenide (GaAs), Silicon-Germanium, Gallium Nitride (GaN), Others), By Technology (HEMT (High Electron Mobility Transistor), MeSFET (Metal-Semiconductor Field-Effect Transistor), HBT (Heterojunction Bipolar Transistor), MoS (Metal Oxide Semiconductor)), By End User (Consumer electronics, Automotives, Communication, Aerospace and Defense, Others), And By Geography - Forecasts From 2023 To 2028

The monolithic microwave integrated circuits market is projected to show steady growth during the forecast period.

Market Overview:

MMICs are monolithic microwave integrated circuits that operate at microwave frequencies (300 MHz to 300 GHz). They are extremely tiny and can be mass-produced on a big scale. MMICs provide a variety of purposes, including microwave mixing, power, low-noise amplification, and high-frequency switching. They are now a popular alternative for high-frequency applications because of benefits such as small size, low cost, and good performance.

Advanced semiconductor technology is critical in the evolution of RF and microwave applications for 5G and satellite communications (Satcom), where the next generation of systems is going towards millimetre-wave (mmWave) frequencies. Increasing bandwidth requirements across various industries increased digitalization globally through an increase in wireless communication applications, and the evolution and installation of 5G networks will drive the market over the projection period.

Monolithic Microwave IC Market Drivers:

• MMIC in satellite communication

The optimization of size, weight, and power (SWaP) factors is a primary goal for the majority of aerospace electronics development projects. MMICs are usually the best solution for signal processing in these instances. They are rapidly being used in aerospace applications due to their low cost and high precision qualities, leading to an increase in global space programs. Monolithic microwave integrated circuits created by the DRDO, for example, are on board the EOS04 satellite launched by the Indian Space Research Organization (ISRO) in February 2022. The circuits were employed in satellite radar imaging modules.

Furthermore, In June 2021, Nxbeam Inc., a fabless semiconductor firm developing the next generation of wireless goods, released Ku-band and Ka-band gallium nitride (GaN) MMIC power amplifiers. The new MMICs, ideal for satellite communication terminals, offer clients exceptional performance in terms of output power, gain, and efficiency in a tiny footprint. They also help satellite communication systems generate high RF output while ensuring the signal preserves the desired characteristics. As these devices are frequently employed in aerospace systems, such improvements may boost the monolithic microwave IC industry prediction.

• MMIC is widely used in the automobile end-user market due to ADAS technology.

Due to the fast acceptance of these devices in a wide range of advanced driver assistance systems (ADAS) technologies, the automotive application is expected to gain a sizable industry share. Automotive radar MMICs can enable safety-critical applications such as driver assistance and automatic emergency braking systems, driving the implementation of these circuits in automobiles. For example, Renesas Electronics Corp. entered the automotive radar market in September 2022 with the release of a 44-channel, 76-81GHz transceiver designed to meet the demanding needs of ADAS and Level 3 and higher autonomous driving applications. Renesas will add the new RAA270205 high-definition radar transceiver to its growing sensor fusion portfolio. It blends radar, vision systems, and other sensing modalities, leveraging automotive knowledge gathered through years of global client engagements. The innovative MMIC transceiver is best suited for imaging, long-range forward-looking, and 4D radar imaging. Still, it can also be utilized for corner and central-processing radar topologies or "satellite" automobile radar systems.

Monolithic Microwave IC Market Segmentation Analysis

• Gallium arsenides (GaAs) will grow significantly faster than other materials.

With rising demand and limited availability of basic electronic materials such as silicon wafers, scientists, engineers, and electronics manufacturers are constantly looking for substitute materials. Gallium, in the form of gallium nitride (GaN) and gallium arsenide (GaAs), has emerged as a strong candidate, if not a substitute for silicon, to at least complement its scarcity in the electronics sector. For instance, The CGY2175AUH/C1 from OMMIC is a high-performance, integrated GaAs MMIC featuring a Phase Shifter, Attenuator, and T/R Switch from 4.5 to 6.5 GHz. A 6-bit phase shifter, a 6-bit attenuator, and a T/R switch are included in this 3-port GaAs MMIC Core Chip. This C-band device was built with OMMIC's 0.18 m gate length PHEMT technology. Its on-chip series-to-parallel converter reduces the number of bond pads and makes essential chip functionalities much easier to operate.

Monolithic Microwave IC Market Key Developments: 

• January 2023: CML Microsystems Plc, based in the United Kingdom, develops mixed-signal, RF, and microwave semiconductors for communications applications, has signed a formal deal to purchase Silicon Valley-based semiconductor firm Microwave Technology (MIT) for up to $18 million. MIT, founded in 1982, designs and manufactures monolithic microwave integrated circuits (MMICs) based on gallium arsenide (GaAs) and gallium nitride (GaN), discrete devices, and hybrid amplifier products.
• September 2022: Altum RF has introduced a 400W S-band power amplifier monolithic microwave integrated circuit (MMIC) in collaboration with Eindhoven-based research institute TNO (the Netherlands Organization for Applied Scientific Research in Delft), using the NP45-11 technology of compound semiconductor wafer foundry WIN Semiconductors Corp of Taoyuan City, Taiwan. The strategic partnership between Altum RF and TNO resulted in what is considered to be cutting-edge RF to millimetre-wave products and technologies for commercial markets and applications. Altum RF will be able to market some of TNO's unique technical capabilities as a result of this agreement.
• February 2020: Qorvo, a global provider of innovative RF solutions, announced the completion of its purchase of Custom MMIC, a leading producer of high-performance GaAs and GaN monolithic microwave integrated circuits (MMICs) for defense, aerospace, and commercial applications.

Covid-19 Impact on the Monolithic Microwave Integrated Circuit Market

The unexpected breakout of COVID-19 has hampered market growth, and the trend is projected to persist until the world's damaged supply networks stabilize. On the demand side, COVID-19 has had a slight but noticeable impact on overall shipment. COVID-19 has benefited the wireless communication infrastructure. For example, network demand increased as a result of increased demand for online classes for schools and universities (distance education) and required work-from-home standards in some areas of the world. Because of increased defense spending, government-led initiatives for space missions, and advancements in 5G communication infrastructure, a rapid rebound is projected in the post-pandemic period.

Monolithic Microwave Integrated Circuit Market Scope:

 

Report Metric	Details
Growth Rate	CAGR during the forecast period
Base Year	2021
Forecast Period	2023–2028
Forecast Unit (Value)	USD Billion
Segments Covered	Material, Technology, End-User, and Geography
Regions Covered	North America, South America, Europe, Middle East and Africa, Asia Pacific
Companies Covered	Qorvo Inc, STMicroelectronics, Infineon Technologies, Skyworks Solutions, Wolfspeed Inc, Toshiba, Mitsubishi Electric Corporation, Microchip Technology Inc, MACOM, Fujitsu Ltd
Customization Scope	Free report customization with purchase

 

The Monolithic Microwave IC Market is segmented and analyzed as follows:

• By material
  • Gallium Arsenide (GaAs)
  • Silicon-Germanium
  • Gallium Nitride (GaN)
  • Others
• By technology
  • HEMT (High Electron Mobility Transistor)
  • MeSFET (Metal-Semiconductor Field-Effect Transistor)
  • HBT (Heterojunction Bipolar Transistor)
  • MoS (Metal Oxide Semiconductor)
• By end-user
  • Consumer electronics
  • Automotives
  • Communication
  • Aerospace and Defense
  • Others 
• By Geography 
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Israel
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Others

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

 

2. RESEARCH METHODOLOGY  

2.1. Research Data

2.2. Assumptions

 

3. EXECUTIVE SUMMARY

3.1. Research Highlights

 

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Market Opportunities

4.4. Porter’s Five Force Analysis

4.4.1. Bargaining Power of Suppliers

4.4.2. Bargaining Power of Buyers

4.4.3. Threat of New Entrants

4.4.4. Threat of Substitutes

4.4.5. Competitive Rivalry in the Industry

4.5. Industry Value Chain Analysis

 

5. MONOLITHIC MICROWAVE INTEGRATED CIRCUIT MARKET ANALYSIS, BY MATERIAL

5.1. Introduction

5.2. Gallium Arsenide (GaAs)

5.3. Silicon-Germanium

5.4. Gallium Nitride (GaN)

5.5. Others 

 

6. MONOLITHIC MICROWAVE INTEGRATED CIRCUIT MARKET ANALYSIS, BY TECHNOLOGY

6.1. Introduction

6.2. HEMT (High Electron Mobility Transistor)

6.3. MeSFET (Metal-Semiconductor Field-Effect Transistor)

6.4. HBT (Heterojunction Bipolar Transistor)

6.5. MoS (Metal Oxide Semiconductor)

 

7. MONOLITHIC MICROWAVE INTEGRATED CIRCUIT MARKET ANALYSIS, BY END-USER

7.1. Introduction

7.2. Consumer electronics

7.3. Automotives 

7.4. Communication

7.5. Aerospace and Defense

7.6. Others

 

8. MONOLITHIC MICROWAVE INTEGRATED CIRCUIT MARKET ANALYSIS, BY GEOGRAPHY

8.1. Introduction

8.2. North America 

8.2.1. USA

8.2.2. Canada

8.2.3. Mexico

8.3. South America 

8.3.1. Brazil

8.3.2. Argentina

8.3.3. Others

8.4. Europe 

8.4.1. UK

8.4.2. Germany

8.4.3. France

8.4.4. Italy

8.4.5. Spain 

8.4.6. Others

8.5. Middle East and Africa 

8.5.1. Saudi Arabia

8.5.2. UAE

8.5.3. Israel 

8.5.4. Others

8.6. Asia Pacific 

8.6.1. China

8.6.2. Japan

8.6.3. India

8.6.4. South Korea

8.6.5. Australia

8.6.6. Others

 

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Emerging Players and Market Lucrativeness

9.3. Mergers, Acquisitions, Agreements, and Collaborations

9.4. Vendor Competitiveness Matrix

 

10. COMPANY PROFILES

10.1. Qorvo Inc 

10.2. STMicroelectronics 

10.3. Infineon Technologies 

10.4. Skyworks Solutions 

10.5. Wolfspeed Inc 

10.6. Toshiba 

10.7. Mitsubishi Electric Corporation 

10.8. Microchip Technology Inc 

10.9. MACOM 

10.10. Fujitsu Ltd 

Qorvo Inc

STMicroelectronics

Infineon Technologies

Skyworks Solutions

Wolfspeed Inc

Toshiba

Mitsubishi Electric Corporation

Microchip Technology Inc

MACOM

Fujitsu Ltd