Press release
What’s Driving the Low Noise Amplifier Market Trends? Key Players Analog Devices, Inc., NXP Semiconductors, Panasonic Corp., L3 Narda-MITEQ, Qorvo, Inc., ON Semiconductors Corp., and Skyworks Solutions, Inc
Low Noise Amplifier Market
The low noise amplifier market is witnessing significant growth owing to its increasing utilization in the IoT applications. Smart products in the IoT technology are incorporated with these components to act as a wireless connectivity device. These devices are affordable to be used in IoT applications owing to the power-saving capabilities, further leading to the low noise amplifier market growth. The evolution of 5G network across the globe will further boost the demand for these devices.
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Prominent players operating in the low noise amplifier market: -
1. Analog Devices Inc.
2. NXP Semiconductors
3. Panasonic Corp.
4. L3 Narda-MITEQ
5. Qorvo Inc.
6. ON Semiconductors Corp.
7. Skyworks Solutions Inc.
It will aid in increasing the network sensitivity and lower the bit error rate. The development of MMIC-based amplifiers & receivers with less noise temperature for current airborne and space-based atmospheric sounding instruments will support the industry development. These devices are used in a wide range of electronic devices such as smartphones, tablets, wearable devices, and digital cameras.
Increasing advancements in the automotive industry are creating several opportunities for the low noise amplifier market growth. These devices are used in vehicle navigation systems for receiving and delivering real-time GPS signal efficiently. Additionally, these amplifiers are used in audio head units of vehicles to receive various voice commands from passengers. These devices are integrated into remote keyless systems for locking & unlocking the doors and boot. The growing trend of Advanced Driver-Assistance System (ADAS) will further contribute to the market expansion.
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The Europe low noise amplifier market is growing at a rapid pace owing to the increasing production of passenger and commercial vehicles in the region. As per the data revealed by the European Automotive Manufacturers Association, new car registration in the European Union (EU) totaled 15.2 million in 2017. Additionally, the passenger car production in Europe accounted for 24 percent to the global passenger cars production during 2018. The growing production & sales of passenger cars in the region will provide ample growth opportunities to the players operating in the low noise amplifier market.
Additionally, players are adopting business expansion strategies such as mergers, acquisitions, collaborations, partnerships, and new product launches. For instance, in February 2016, NXP Semiconductors announced the merger with Freescale Semiconductors to address the 5G demands of bandwidth, linearity, power-efficiency and small form factor solutions. Additionally, the growing R&D investments in the telecommunication sector will provide several opportunities for the market growth.
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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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