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Monolithic Microwave IC (MMIC) Market share, size 2019 global growth, new updates, trends, opportunities, industry expansion, challenges and forecasts till 2024c

A fresh report titled on “Monolithic Microwave IC (MMIC) Market” delivering key insights and providing a competitive advantage to clients through a detailed report. The report also details the information about the global market status, growth rate, future trends, market drivers, challenges, opportunities and porter’s forces analysis with respect to these elements.

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The Monolithic Microwave Integrated Circuit (MMIC) Market is estimated to grow from US$ 7.7 Billion in 2019 to US$ 12.7 Billion by 2024, at a CAGR of 10.6% between 2019 and 2024. This report spread across 176 pages, profiling 11 companies and supported with 69 tables and 62 figures is now available in this research.

Top Companies profiled in the Monolithic Microwave IC (MMIC) Market:

  • 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)
  • Arralis (Ireland)


“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.


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“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).


Breakdown of primary participants’ profile:

  • By Company Type: Tier 1 – 30%, Tier 2 – 38%, and Tier 3 – 32%
  • By Designation: C-Level Executives –44%,Directors – 38%, and Others – 18%
  • By Region: North America – 30%, Europe – 25%, APAC – 26%, and RoW – 19%


Competitive Landscape of Monolithic Microwave IC (MMIC) Market:

1 Introduction

2 Market Ranking Analysis

3 Competitive Leadership Mapping

3.1 Visionary Leaders

3.2 Dynamic Differentiators

3.3 Innovators

3.4 Emerging Companies

4 Competitive Benchmarking

4.1 Strength of Product Portfolio

4.2 Business Strategy Excellence

5 Competitive Situations and Trends


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Business News

Latest News: Sound Reinforcement Market “Estimated to Reach US$ 8.5 Billion by 2024”

Latest research report on “Sound Reinforcement Market” now available at high quality database of with market size, share, trends, competitive and statistical analysis.

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The Sound Reinforcement Market is expected to grow from US$ 7.3 Billion in 2019 to US$ 8.5 Billion by 2024; it is expected to grow at a CAGR of 3.2% from 2019 to 2024. This report spread across 190 Pages, Profiling 19 Companies and Supported with 92 Tables and 21 figures is now available in this research.

Top Companies profiled in the Sound Reinforcement Market:

  • Audio-Technica (Japan)
  • Bose (US)
  • MUSIC Group (Philippines)
  • SENNHEISER (Germany)
  • SHURE (US)
  • Sony (Japan)
  • Yamaha (Japan)
  • CODA Audio (Germany)
  • Audix Microphone (US)

Increased adoption of microphones in sound reinforcement applications can be attributed to continuous technological innovations taking place in the professional audio industry. The increasing number of upgrades in legacy sound systems and their replacement with new systems is the primary factor augmenting the growth of the microphones segment of the market.

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The number of live concerts is expected to increase during the forecast period. Sound amplification systems and advanced microphones are being adopted in large venues and concerts for communicating with a large set of audiences or fans.

The APAC countries are taking aggressive initiatives to upsurge their IT infrastructures, thereby enabling commercial users to adopt cutting-edge technologies. The APAC region has emerged as the fastest-growing market for smart education solutions as well.

Competitive Landscape of Sound Reinforcement Market:

  1. Introduction
  2. Market Ranking Analysis: Sound Reinforcement Market
  3. Competitive Leadership Mapping

3.1. Visionary Leaders

3.2. Dynamic Differentiators

3.3. Innovators

3.4. Emerging Companies

  1. Competitive Situations and Trends

4.1. Product Launches

4.2. Partnerships and Collaborations

4.3. Others