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Global Gan MMIC Is Anticipated To Reach USD 230 Million By 2028

04-05-2023 10:20 AM CET | IT, New Media & Software

Press release from: supplydemandmarketresearch

GaN MMIC market

GaN MMIC market

In 2022, the Global GaN MMIC market size was US$ 65 million and it is expected to reach US$ 230 million by the end of 2028, with a CAGR of 28.8% during 2023-2028. The high growth of the market is mainly attributed to several advantages offered by GaN semiconductor devices over silicon devices. GaN semiconductor devices are 100 times faster compared to silicon. GaN offers various advantages such as faster device speed, higher energy efficiency, and lower costs.

By Type, GaN HEMT (High Electron Mobility Transistor) based MMIC (Monolithic Microwave Integrated Circuit) power amplifiers are designed for various high-power applications such as ultra-broadband amplifiers, satellite uplinks, and test instrumentation. Top companies have launched several products GaN HEMT based MMIC. Modelithics released of version 23.5.1 of the Modelithics Qorvo GaN, this latest version provides new models for Qorvo's QPD1025, QPD1028, QPD1425, and QPD1425L discrete GaN-on-SiC HEMTs. Rohm Semiconductor is offering GaN-based power devices, including high electron mobility transistors (HEMTs), that are used in 5G infrastructure.

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By Applications, GaN MMIC is used in several applications such as military, communications, radar, and SATCOM. In 2022, telecom application captured a major share of 39% in the total market. 28.3%. Satcom and commercial applications are expected to grow at a highest CAGR% of 35.2% and 44% respectively.

The global GaN MMIC includes, the following regions together with the listed national/local markets are fully investigated:
• USA
• Europe
• China
• Taiwan
• Japan
• South Korea
• Rest of World

In 2022, USA captured the largest share of 34% in 2022. For each of the aforementioned regions and countries, detailed analysis and data for annual revenue are available for 2023-2028. The breakdown of all regional markets by country and split of key national markets by Type and Application over the forecast years are also included.

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.

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Global GaN MMIC Market Segment by Application
• Telecom
• Military & Defense
• SATCOM
• Aerospace
• Commercial applications

Global GaN MMIC Market Segment by Region
• US
• Europe
• China
• Taiwan
• Japan
• South Korea
• Rest of World

Global GaN MMIC Market Segment by Company
• Wolfspeed
• Qorvo
• MACOM
• Analog Devices
• Transcom
• Microchip
• UMS
• ReliaSat
• MicroWave Technology, Inc
• INEX Microtechnology Limited
• Other Players

The GaN MMIC market competitive landscape provides detailed and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2023-2028. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2023-2028. Details included are company description, major business, product introduction, recent developments, product range.

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Having such an experienced network, our services not only cater to the client who wants the basic reference of market numbers and related high growth areas in the demand side, but also we provide detailed and granular information using which the client can definitely plan the strategies with respect to both supply and demand side.

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