With 28.8% CAGR, Gallium Nitride Monolithic Microwave Integrated Circuit Market Growth to Surpass USD 230 million
There is high demand for the use of GaN in 5G mainly due to enhanced power output, higher operating frequencies, and lower power consumption. System designers are focusing on improving amplifier efficiency because PAs spend the most energy in 5G RF FEs. Efficiency is one of the GaN's best qualities. In several infrastructure applications, GaN boosts energy efficiency to new heights. GaN lowers system power usage, saving operators money and making systems more environmentally friendly.
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Some of the key updates by companies towards GaN semiconductor towards for 5G network include Qorvo is making 5G deployment a reality and supporting the growth of mobile data with a broad range of RF connectivity solutions, Cree is a manufacturer of GaN-on-silicon power devices, including transistors and diodes, that are used in 5G infrastructure, NXP Semiconductors offers GaN-based solutions for 5G infrastructure, including power amplifiers, low-noise amplifiers, and switches.
With regards to company market share analysis, top 3 players hold approximately 60% of the market share. Key players in the market Wolfspeed, Qorvo,, MACOM, Analog Devices, Transcom, Microchip, UMS, ReliaSat, MicroWave Technology, Inc, INEX Microtechnology Limited, Altum RF, Aelius, Semiconductors, Recon-RF, Akash Systems, ATEK Mikrodalga, VectraWave, NXP, and TMS Elektronik, among several other small local players.
The report includes marketing channel, distributors, customers and supply chain. The report includes market drivers, restraints, opportunities, market share analysis, porters five forces, market structure, emerging product trends & market opportunities. The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify global GaN MMIC market in every aspect of the classification from perspectives of Component, Type, Industry Vertical, and Region.
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The GaN MMIC market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global GaN MMIC market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2023-2028.
Global GaN MMIC Market By Type - Trends & Forecasts 2022-2030 (USD Million)
• HEMT Type
Global GaN MMIC Market By Application - Trends & Forecasts 2022-2030 (USD Million)
• Military & Defense
• Commercial applications
Global GaN MMIC Market Segment by Region - Trends & Forecasts 2022-2030 (USD Million)
• South Korea
• Rest of World
Global GaN MMIC Market Segment by Company - Trends & Forecasts 2022-2030
(Company Overview, Product Portfolio, Financial Performance, Recent Developments, Production, Consumption, Key Contacts)
• Analog Devices
• Ommic SA
• Northrop Grumman
• Other Players
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