모놀리식 마이크로파 IC 시장 규모, 점유율, 성장 및 세계 산업 분석 : 유형별, 용도별, 지역별 인사이트 및 예측(2024-2032년)

Growth Factors of Monolithic Microwave Integrated Circuit (MMIC) Market

The global Monolithic Microwave Integrated Circuit (MMIC) market continues to demonstrate strong momentum as demand increases across telecommunications, satellite communications, aerospace & defense, consumer electronics, and automotive radar systems. According to the 2024-2032 forecast data, the global MMIC market size was valued at USD 11.87 billion in 2024, and is expected to rise significantly to USD 13.34 billion in 2025, eventually reaching USD 30.96 billion by 2032, reflecting robust growth driven by high-frequency communication technologies and next-generation wireless systems. The report highlights that the expansion of 5G, the rapid evolution of millimeter-wave technologies, and increasing defense modernization programs are key factors supporting market acceleration.

Market Insights and Growth Factors

In 2024, the MMIC sector was influenced by macro trends such as global 5G rollout, technological innovation in GaN and GaAs-based circuits, and rising demand for low-noise, high-efficiency RF solutions. These ICs play an essential role in radar systems, satellite transceivers, automotive sensors, and wireless communication infrastructure. By 2025, the growing need for high-speed data transmission and compact systems enhances the adoption of MMICs across industrial, commercial, and defense sectors. With the market projected to reach USD 30.96 billion by 2032, long-term growth is supported by advanced radar technology, modern EW systems, high-precision automotive ADAS modules, and future 6G-ready communication components.

Impact of Trade and Policy Shifts

The introduction of reciprocal tariffs in global semiconductor trade has raised production and procurement costs, particularly for manufacturers dependent on international sourcing for substrates, equipment, and components. Increased tariff-driven cost pressures in 2024-2025 forced companies to optimize supply chains and consider shifting production to regions with more favorable trade policies. These trade policies also contribute to uncertainties in product launch timelines and availability of raw materials, creating additional volatility in the market outlook.

Technology Trends: GaN Devices and High-Frequency Bands

A prominent market trend is the rising adoption of Gallium Nitride (GaN)-based MMICs, known for superior power density, efficiency, and thermal performance. In 2024 and 2025, GaN devices gained strong traction in 5G base stations, military radar systems, and satellite communication units. The acquisition of ENGIN-IC by MACOM in November 2024 further strengthened industry capabilities for high-performance GaN MMIC design. Additionally, demand for frequency bands above 40 GHz is expected to grow rapidly through 2032 due to emerging 5G/6G applications, advanced imaging, and high-frequency radar technologies.

Regional Market Outlook

North America dominated the global MMIC market in 2024 with a value of USD 3.99 billion, driven by world-leading semiconductor companies, strong defense spending, and rapid 5G infrastructure expansion. By 2025, the region continues to lead due to substantial investments in aerospace modernization and electronic warfare capabilities.

In contrast, Asia Pacific is expected to record the fastest growth through 2032, led by China, Japan, and South Korea, which are aggressively scaling 5G deployment, domestic semiconductor manufacturing, and next-generation communication solutions.

Europe maintains significant market strength driven by satellite communication advancements and active participation from the European Space Agency.

Competitive Landscape

Leading players analyzed in the report include Qorvo, MACOM, Skyworks Solutions, NXP Semiconductors, Infineon Technologies, Texas Instruments, Mini-Circuits, Keysight Technologies, VectraWave, and STMicroelectronics. These companies expanded product portfolios throughout 2024 and 2025 through acquisitions, new RF component launches, and major investments-such as Texas Instruments' USD 60 billion semiconductor manufacturing expansion plan announced in 2025.

Conclusion

Between 2024 and 2032, the global monolithic microwave IC market is set for sustained expansion, powered by next-generation wireless systems, advanced radar technologies, automotive autonomy, and the scaling of satellite networks. With the market projected to grow from USD 11.87 billion (2024) to USD 13.34 billion (2025) and reach USD 30.96 billion by 2032, MMIC technology remains a foundational element shaping the future of global connectivity and high-frequency electronics.

Segmentation By Component

• Power Amplifiers
• Low Noise Amps
• Mixers
• Switches
• Phase Shifters
• Attenuators
• Oscillators/VCOs
• Others

By Technology

• Gallium Arsenide (GaAs)
• Gallium Nitride (GaN)
• Silicon Germanium (SiGe)
• Indium Phosphide (InP)
• Silicon CMOS
• Others (BiCMOS, Graphene, etc.)

By Frequency Band

• <10 GHz
• 10-20 GHz
• 20-40 GHz
• >40 GHz
• Others (Multiband, THz, etc.)

By Application

• Telecommunications
• Automotive
• Aerospace & Defense
• Consumer Electronics
• Satellite Communications
• Others (Medical, Industrial, etc.)

By Region

• North America (By Component, By Technology, By Frequency Band, By Application, and By Country)
  • U.S. (By Application)
  • Canada (By Application)
  • Mexico (By Application)
• South America (By Component, By Technology, By Frequency Band, By Application, and By Country)
  • Brazil (By Application)
  • Argentina (By Application)
  • Rest of South America
• Europe (By Component, By Technology, By Frequency Band, By Application, and By Country)
  • U.K. (By Application)
  • Germany (By Application)
  • France (By Application)
  • Italy (By Application)
  • Spain (By Application)
  • Russia (By Application)
  • Benelux (By Application)
  • Nordics (By Application)
  • Rest of Europe
• Middle East & Africa (By Component, By Technology, By Frequency Band, By Application, and By Country)
  • Turkey (By Application)
  • Israel (By Application)
  • GCC (By Application)
  • North Africa (By Application)
  • South Africa (By Application)
  • Rest of Middle East & Africa
• Asia Pacific (By Component, By Technology, By Frequency Band, By Application, and By Country)
  • China (By Application)
  • Japan (By Application)
  • India (By Application)
  • South Korea (By Application)
  • ASEAN (By Application)
  • Oceania (By Application)
  • Rest of Asia Pacific

Companies Profiled in the Report * Qorvo, Inc. (U.S.)

• MACOM Technology Solutions (U.S.)
• Skyworks Solutions, Inc. (U.S.)
• NXP Semiconductors (Netherlands)
• Infineon Technologies AG (Germany)
• Texas Instruments Incorporated (U.S.)
• Mini-Circuits (U.S.)
• Keysight Technologies (U.S.)
• VectraWave (France)
• STMicroelectronics NV (Switzerland)

Table of Content

1. Introduction

• 1.1. Definition, By Segment
• 1.2. Research Methodology/Approach
• 1.3. Data Sources

2. Executive Summary

3. Market Dynamics

• 3.1. Macro and Micro Economic Indicators
• 3.2. Drivers, Restraints, Opportunities and Trends
• 3.3. Impact of Reciprocal Tariffs

4. Competition Landscape

• 4.1. Business Strategies Adopted by Key Players
• 4.2. Consolidated SWOT Analysis of Key Players
• 4.3. Global Monolithic Microwave IC Key Players (Top 3 - 5) Market Share/Ranking, 2024

5. Global Monolithic Microwave IC Market Size Estimates and Forecasts, By Segments, 2019-2032

• 5.1. Key Findings
• 5.2. By Component (USD)
  • 5.2.1. Power Amplifiers
  • 5.2.2. Low Noise Amps
  • 5.2.3. Mixers
  • 5.2.4. Switches
  • 5.2.5. Phase Shifters
  • 5.2.6. Attenuators
  • 5.2.7. Oscillators/VCOs
  • 5.2.8. Others
• 5.3. By Technology (USD)
  • 5.3.1. Gallium Arsenide (GaAs)
  • 5.3.2. Gallium Nitride (GaN)
  • 5.3.3. Silicon Germanium (SiGe)
  • 5.3.4. Indium Phosphide (InP)
  • 5.3.5. Silicon CMOS
  • 5.3.6. Others (BiCMOS, Graphene, etc.)
• 5.4. By Frequency Band (USD)
  • 5.4.1. <10 GHz
  • 5.4.2. 10-20 GHz
  • 5.4.3. 20-40 GHz
  • 5.4.4. >40 GHz
  • 5.4.5. Others (Multiband, THz, etc.)
• 5.5. By Application (USD)
  • 5.5.1. Telecommunications
  • 5.5.2. Automotive
  • 5.5.3. Aerospace & Defense
  • 5.5.4. Consumer Electronics
  • 5.5.5. Satellite Communications
  • 5.5.6. Others (Medical, Industrial, etc.)
• 5.6. By Region (USD)
  • 5.6.1. North America
  • 5.6.2. South America
  • 5.6.3. Europe
  • 5.6.4. Middle East & Africa
  • 5.6.5. Asia Pacific

6. North America Monolithic Microwave IC Market Size Estimates and Forecasts, By Segments, 2019-2032

• 6.1. Key Findings
• 6.2. By Component (USD)
  • 6.2.1. Power Amplifiers
  • 6.2.2. Low Noise Amps
  • 6.2.3. Mixers
  • 6.2.4. Switches
  • 6.2.5. Phase Shifters
  • 6.2.6. Attenuators
  • 6.2.7. Oscillators/VCOs
  • 6.2.8. Others
• 6.3. By Technology (USD)
  • 6.3.1. Gallium Arsenide (GaAs)
  • 6.3.2. Gallium Nitride (GaN)
  • 6.3.3. Silicon Germanium (SiGe)
  • 6.3.4. Indium Phosphide (InP)
  • 6.3.5. Silicon CMOS
  • 6.3.6. Others (BiCMOS, Graphene, etc.)
• 6.4. By Frequency Band (USD)
  • 6.4.1. <10 GHz
  • 6.4.2. 10-20 GHz
  • 6.4.3. 20-40 GHz
  • 6.4.4. >40 GHz
  • 6.4.5. Others (Multiband, THz, etc.)
• 6.5. By Application (USD)
  • 6.5.1. Telecommunications
  • 6.5.2. Automotive
  • 6.5.3. Aerospace & Defense
  • 6.5.4. Consumer Electronics
  • 6.5.5. Satellite Communications
  • 6.5.6. Others (Medical, Industrial, etc.)
• 6.6. By Country (USD)
  • 6.6.1. United States
    • 6.6.1.1. By Application
  • 6.6.2. Canada
    • 6.6.2.1. By Application
  • 6.6.3. Mexico
    • 6.6.3.1. By Application

7. South America Monolithic Microwave IC Market Size Estimates and Forecasts, By Segments, 2019-2032

• 7.1. Key Findings
• 7.2. By Component (USD)
  • 7.2.1. Power Amplifiers
  • 7.2.2. Low Noise Amps
  • 7.2.3. Mixers
  • 7.2.4. Switches
  • 7.2.5. Phase Shifters
  • 7.2.6. Attenuators
  • 7.2.7. Oscillators/VCOs
  • 7.2.8. Others
• 7.3. By Technology (USD)
  • 7.3.1. Gallium Arsenide (GaAs)
  • 7.3.2. Gallium Nitride (GaN)
  • 7.3.3. Silicon Germanium (SiGe)
  • 7.3.4. Indium Phosphide (InP)
  • 7.3.5. Silicon CMOS
  • 7.3.6. Others (BiCMOS, Graphene, etc.)
• 7.4. By Frequency Band (USD)
  • 7.4.1. <10 GHz
  • 7.4.2. 10-20 GHz
  • 7.4.3. 20-40 GHz
  • 7.4.4. >40 GHz
  • 7.4.5. Others (Multiband, THz, etc.)
• 7.5. By Application (USD)
  • 7.5.1. Telecommunications
  • 7.5.2. Automotive
  • 7.5.3. Aerospace & Defense
  • 7.5.4. Consumer Electronics
  • 7.5.5. Satellite Communications
  • 7.5.6. Others (Medical, Industrial, etc.)
• 7.6. By Country (USD)
  • 7.6.1. Brazil
    • 7.6.1.1. By Application
  • 7.6.2. Argentina
    • 7.6.2.1. By Application
  • 7.6.3. Rest of South America

8. Europe Monolithic Microwave IC Market Size Estimates and Forecasts, By Segments, 2019-2032

• 8.1. Key Findings
• 8.2. By Component (USD)
  • 8.2.1. Power Amplifiers
  • 8.2.2. Low Noise Amps
  • 8.2.3. Mixers
  • 8.2.4. Switches
  • 8.2.5. Phase Shifters
  • 8.2.6. Attenuators
  • 8.2.7. Oscillators/VCOs
  • 8.2.8. Others
• 8.3. By Technology (USD)
  • 8.3.1. Gallium Arsenide (GaAs)
  • 8.3.2. Gallium Nitride (GaN)
  • 8.3.3. Silicon Germanium (SiGe)
  • 8.3.4. Indium Phosphide (InP)
  • 8.3.5. Silicon CMOS
  • 8.3.6. Others (BiCMOS, Graphene, etc.)
• 8.4. By Frequency Band (USD)
  • 8.4.1. <10 GHz
  • 8.4.2. 10-20 GHz
  • 8.4.3. 20-40 GHz
  • 8.4.4. >40 GHz
  • 8.4.5. Others (Multiband, THz, etc.)
• 8.5. By Application (USD)
  • 8.5.1. Telecommunications
  • 8.5.2. Automotive
  • 8.5.3. Aerospace & Defense
  • 8.5.4. Consumer Electronics
  • 8.5.5. Satellite Communications
  • 8.5.6. Others (Medical, Industrial, etc.)
• 8.6. By Country (USD)
  • 8.6.1. United Kingdom
    • 8.6.1.1. By Application
  • 8.6.2. Germany
    • 8.6.2.1. By Application
  • 8.6.3. France
    • 8.6.3.1. By Application
  • 8.6.4. Italy
    • 8.6.4.1. By Application
  • 8.6.5. Spain
    • 8.6.5.1. By Application
  • 8.6.6. Russia
    • 8.6.6.1. By Application
  • 8.6.7. Benelux
    • 8.6.7.1. By Application
  • 8.6.8. Nordics
    • 8.6.8.1. By Application
  • 8.6.9. Rest of Europe

9. Middle East and Africa Monolithic Microwave IC Market Size Estimates and Forecasts, By Segments, 2019-2032

• 9.1. Key Findings
• 9.2. By Component (USD)
  • 9.2.1. Power Amplifiers
  • 9.2.2. Low Noise Amps
  • 9.2.3. Mixers
  • 9.2.4. Switches
  • 9.2.5. Phase Shifters
  • 9.2.6. Attenuators
  • 9.2.7. Oscillators/VCOs
  • 9.2.8. Others
• 9.3. By Technology (USD)
  • 9.3.1. Gallium Arsenide (GaAs)
  • 9.3.2. Gallium Nitride (GaN)
  • 9.3.3. Silicon Germanium (SiGe)
  • 9.3.4. Indium Phosphide (InP)
  • 9.3.5. Silicon CMOS
  • 9.3.6. Others (BiCMOS, Graphene, etc.)
• 9.4. By Frequency Band (USD)
  • 9.4.1. <10 GHz
  • 9.4.2. 10-20 GHz
  • 9.4.3. 20-40 GHz
  • 9.4.4. >40 GHz
  • 9.4.5. Others (Multiband, THz, etc.)
• 9.5. By Application (USD)
  • 9.5.1. Telecommunications
  • 9.5.2. Automotive
  • 9.5.3. Aerospace & Defense
  • 9.5.4. Consumer Electronics
  • 9.5.5. Satellite Communications
  • 9.5.6. Others (Medical, Industrial, etc.)
• 9.6. By Country (USD)
  • 9.6.1. Turkey
    • 9.6.1.1. By Application
  • 9.6.2. Israel
    • 9.6.2.1. By Application
  • 9.6.3. GCC
    • 9.6.3.1. By Application
  • 9.6.4. North Africa
    • 9.6.4.1. By Application
  • 9.6.5. South Africa
    • 9.6.5.1. By Application
  • 9.6.6. Rest of Middle East and Africa

10. Asia Pacific Monolithic Microwave IC Market Size Estimates and Forecasts, By Segments, 2019-2032

• 10.1. Key Findings
• 10.2. By Component (USD)
  • 10.2.1. Power Amplifiers
  • 10.2.2. Low Noise Amps
  • 10.2.3. Mixers
  • 10.2.4. Switches
  • 10.2.5. Phase Shifters
  • 10.2.6. Attenuators
  • 10.2.7. Oscillators/VCOs
  • 10.2.8. Others
• 10.3. By Technology (USD)
  • 10.3.1. Gallium Arsenide (GaAs)
  • 10.3.2. Gallium Nitride (GaN)
  • 10.3.3. Silicon Germanium (SiGe)
  • 10.3.4. Indium Phosphide (InP)
  • 10.3.5. Silicon CMOS
  • 10.3.6. Others (BiCMOS, Graphene, etc.)
• 10.4. By Frequency Band (USD)
  • 10.4.1. <10 GHz
  • 10.4.2. 10-20 GHz
  • 10.4.3. 20-40 GHz
  • 10.4.4. >40 GHz
  • 10.4.5. Others (Multiband, THz, etc.)
• 10.5. By Application (USD)
  • 10.5.1. Telecommunications
  • 10.5.2. Automotive
  • 10.5.3. Aerospace & Defense
  • 10.5.4. Consumer Electronics
  • 10.5.5. Satellite Communications
  • 10.5.6. Others (Medical, Industrial, etc.)
• 10.6. By Country (USD)
  • 10.6.1. China
    • 10.6.1.1. By Application
  • 10.6.2. India
    • 10.6.2.1. By Application
  • 10.6.3. Japan
    • 10.6.3.1. By Application
  • 10.6.4. South Korea
    • 10.6.4.1. By Application
  • 10.6.5. ASEAN
    • 10.6.5.1. By Application
  • 10.6.6. Oceania
    • 10.6.6.1. By Application
  • 10.6.7. Rest of Asia Pacific

11. Company Profiles for Top 10 Players (Based on data availability in public domain and/or on paid databases)

• 11.1. Qorvo, Inc.
  • 11.1.1. Overview
    • 11.1.1.1. Key Management
    • 11.1.1.2. Headquarters
    • 11.1.1.3. Offerings/Business Segments
  • 11.1.2. Key Details (Key details are consolidated data and not product/service specific)
    • 11.1.2.1. Employee Size
    • 11.1.2.2. Past and Current Revenue
    • 11.1.2.3. Geographical Share
    • 11.1.2.4. Business Segment Share
    • 11.1.2.5. Recent Developments
• 11.2. MACOM Technology Solutions
  • 11.2.1. Overview
    • 11.2.1.1. Key Management
    • 11.2.1.2. Headquarters
    • 11.2.1.3. Offerings/Business Segments
  • 11.2.2. Key Details (Key details are consolidated data and not product/service specific)
    • 11.2.2.1. Employee Size
    • 11.2.2.2. Past and Current Revenue
    • 11.2.2.3. Geographical Share
    • 11.2.2.4. Business Segment Share
    • 11.2.2.5. Recent Developments
• 11.3. Skyworks Solutions, Inc.
  • 11.3.1. Overview
    • 11.3.1.1. Key Management
    • 11.3.1.2. Headquarters
    • 11.3.1.3. Offerings/Business Segments
  • 11.3.2. Key Details (Key details are consolidated data and not product/service specific)
    • 11.3.2.1. Employee Size
    • 11.3.2.2. Past and Current Revenue
    • 11.3.2.3. Geographical Share
    • 11.3.2.4. Business Segment Share
    • 11.3.2.5. Recent Developments
• 11.4. NXP Semiconductors
  • 11.4.1. Overview
    • 11.4.1.1. Key Management
    • 11.4.1.2. Headquarters
    • 11.4.1.3. Offerings/Business Segments
  • 11.4.2. Key Details (Key details are consolidated data and not product/service specific)
    • 11.4.2.1. Employee Size
    • 11.4.2.2. Past and Current Revenue
    • 11.4.2.3. Geographical Share
    • 11.4.2.4. Business Segment Share
    • 11.4.2.5. Recent Developments
• 11.5. Infineon Technologies AG
  • 11.5.1. Overview
    • 11.5.1.1. Key Management
    • 11.5.1.2. Headquarters
    • 11.5.1.3. Offerings/Business Segments
  • 11.5.2. Key Details (Key details are consolidated data and not product/service specific)
    • 11.5.2.1. Employee Size
    • 11.5.2.2. Past and Current Revenue
    • 11.5.2.3. Geographical Share
    • 11.5.2.4. Business Segment Share
    • 11.5.2.5. Recent Developments
• 11.6. Texas Instruments Incorporated
  • 11.6.1. Overview
    • 11.6.1.1. Key Management
    • 11.6.1.2. Headquarters
    • 11.6.1.3. Offerings/Business Segments
  • 11.6.2. Key Details (Key details are consolidated data and not product/service specific)
    • 11.6.2.1. Employee Size
    • 11.6.2.2. Past and Current Revenue
    • 11.6.2.3. Geographical Share
    • 11.6.2.4. Business Segment Share
    • 11.6.2.5. Recent Developments
• 11.7. Mini-Circuits
  • 11.7.1. Overview
    • 11.7.1.1. Key Management
    • 11.7.1.2. Headquarters
    • 11.7.1.3. Offerings/Business Segments
  • 11.7.2. Key Details (Key details are consolidated data and not product/service specific)
    • 11.7.2.1. Employee Size
    • 11.7.2.2. Past and Current Revenue
    • 11.7.2.3. Geographical Share
    • 11.7.2.4. Business Segment Share
    • 11.7.2.5. Recent Developments
• 11.8. Keysight Technologies
  • 11.8.1. Overview
    • 11.8.1.1. Key Management
    • 11.8.1.2. Headquarters
    • 11.8.1.3. Offerings/Business Segments
  • 11.8.2. Key Details (Key details are consolidated data and not product/service specific)
    • 11.8.2.1. Employee Size
    • 11.8.2.2. Past and Current Revenue
    • 11.8.2.3. Geographical Share
    • 11.8.2.4. Business Segment Share
    • 11.8.2.5. Recent Developments
• 11.9. VectraWave
  • 11.9.1. Overview
    • 11.9.1.1. Key Management
    • 11.9.1.2. Headquarters
    • 11.9.1.3. Offerings/Business Segments
  • 11.9.2. Key Details (Key details are consolidated data and not product/service specific)
    • 11.9.2.1. Employee Size
    • 11.9.2.2. Past and Current Revenue
    • 11.9.2.3. Geographical Share
    • 11.9.2.4. Business Segment Share
    • 11.9.2.5. Recent Developments
• 11.10. STMicroelectronics NV
  • 11.10.1. Overview
    • 11.10.1.1. Key Management
    • 11.10.1.2. Headquarters
    • 11.10.1.3. Offerings/Business Segments
  • 11.10.2. Key Details (Key details are consolidated data and not product/service specific)
    • 11.10.2.1. Employee Size
    • 11.10.2.2. Past and Current Revenue
    • 11.10.2.3. Geographical Share
    • 11.10.2.4. Business Segment Share
    • 11.10.2.5. Recent Developments

12. Key Takeaways