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Millimeter Wave RFIC Market Size

  • Report ID: 6778
  • Published Date: Dec 04, 2024
  • Report Format: PDF, PPT

Global Millimeter Wave RFIC Market

  1. Introduction
    1. Study Objective
    2. Scope of the report
    3. Market Taxonomy
  2. Study Assumptions and Abbreviations
    1. Research Methodology
    2. Secondary Research
    3. Primary Research
    4. SPSS Approach
    5. Data Triangulation
  3. Executive Summary
  4. Global Industry Overview Market
    1. Market Overview
    2. Regional Synopsis
    3. Industry Supply Chain Analysis
    4. DROTs
      1. Driver
      2. Restraint
      3. Opportunities
      4. Threat
    5. Government Regulation
    6. Competitive Landscape
      1. Analog Devices, Inc.
      2. Sivers Semiconductors AB.
      3. RF Integration Inc.
      4. RFIC Solutions Inc.
      5. Anokiwave, Inc.
      6. MMTRON
      7. TUSK IC
      8. Altum RF
      9. Akronic, P.C.
    7. Trends & Strategic Analysis of Key RFIC Manufacturers for Satcom Industry
    8. Ongoing Technological Advancements
    9. Price Benchmarking
    10. Annual RFIC Demand (in Thousand Units) by Frequency Band
    11. (2023-2035)
    12. Market Value Forecast for RFIC by Frequency Band
    13. (2023-2035)
    14. SWOT Analysis
    15. Component Analysis
    16. Block Diagram Analysis - Transceiver
    17. End-User Analysis
    18. Root Cause Analysis for Millimeter Wave RFIC Market
    19. Industry Risk Assessment
  5. Gobal Outlook and Projections
    1. Global Overview
      1. Market Value (USD Million), Current and Future Projections, 2023-2035
      2. Increment $ Opportunity Assessment, 2023-2035
      3. Year-on-Year Growth Forecast (%)
    2. Global Segmentation (USD Million), 2023-2035, By
      1. Frequency Band, Value (USD Million)
        1. Ka-Band
        2. V-Band
        3. W-Band
      2. Component, Value (USD Million), Volume (Thousand Units)
        1. Transceivers
        2. Power Amplifiers
        3. Mixers
        4. Oscillators
        5. Filters
        6. Switches
        7. Others
      3. Satellite Type, Value (USD Million)
        1. GEO Satellite
        2. LEO Satellite
        3. Others
      4. End User, Value (USD Million)
        1. Commercial
        2. Military & Defense
        3. Aerospace & Aviation
        4. Telecommunication
        5. Research & Academic Institutes
      5. Regional Synopsis (USD Million), 2023-2035
        1. North America, Value (USD Million)
        2. Europe, Value (USD Million)
        3. Asia Pacific, Value (USD Million)
        4. Latin America, Value (USD Million)
        5. Middle East and Africa, Value (USD Million)
  6. North America Market
    1. Overview
      1. Market Value (USD Million), Current and Future Projections, 2023-2035
      2. Increment $ Opportunity Assessment, 2023-2035
      3. Year-on-Year Growth Forecast (%)
    2. Segmentation (USD Million), 2023-2035, By
      1. Frequency Band, Value (USD Million)
        1. Ka-Band
        2. V-Band
        3. W-Band
      2. Component, Value (USD Million), Volume (Thousand Units)
        1. Transceivers
        2. Power Amplifiers
        3. Mixers
        4. Oscillators
        5. Filters
        6. Switches
        7. Others
      3. Satellite Type, Value (USD Million)
        1. GEO Satellite
        2. LEO Satellite
        3. Others
      4. End User, Value (USD Million)
        1. Commercial
        2. Military & Defense
        3. Aerospace & Aviation
        4. Telecommunication
        5. Research & Academic Institutes
      5. Country Level Analysis, Value (USD Million)
        1. U.S.
        2. Canada
  7. Europe Market
    1. Overview
      1. Market Value (USD Million), Current and Future Projections, 2023-2035
      2. Increment $ Opportunity Assessment, 2023-2035
      3. Year-on-Year Growth Forecast (%)
    2. Segmentation (USD Million), 2023-2035, By
      1. Frequency Band, Value (USD Million)
        1. Ka-Band
        2. V-Band
        3. W-Band
      2. Component, Value (USD Million), Volume (Thousand Units)
        1. Transceivers
        2. Power Amplifiers
        3. Mixers
        4. Oscillators
        5. Filters
        6. Switches
        7. Others
      3. Satellite Type, Value (USD Million)
        1. GEO Satellite
        2. LEO Satellite
        3. Others
      4. End User, Value (USD Million)
        1. Commercial
        2. Military & Defense
        3. Aerospace & Aviation
        4. Telecommunication
        5. Research & Academic Institutes
      5. Country Level Analysis, Value (USD Million)
        1. UK
        2. Germany
        3. France
        4. Italy
        5. Spain
        6. NORDIC
        7. Russia
        8. Rest of Europe
  8. Asia Pacific Market
    1. Overview
      1. Market Value (USD Million), Current and Future Projections, 2023-2035
      2. Increment $ Opportunity Assessment, 2023-2035
      3. Year-on-Year Growth Forecast (%)
    2. Segmentation (USD Million), 2023-2035, By
      1. Frequency Band, Value (USD Million)
        1. Ka-Band
        2. V-Band
        3. W-Band
      2. Component, Value (USD Million), Volume (Thousand Units)
        1. Transceivers
        2. Power Amplifiers
        3. Mixers
        4. Oscillators
        5. Filters
        6. Switches
        7. Others
      3. Satellite Type, Value (USD Million)
        1. GEO Satellite
        2. LEO Satellite
        3. Others
      4. End User, Value (USD Million)
        1. Commercial
        2. Military & Defense
        3. Aerospace & Aviation
        4. Telecommunication
        5. Research & Academic Institutes
      5. Country Level Analysis, Value (USD Million)
        1. China
        2. Japan
        3. India
        4. Indonesia
        5. Malaysia
        6. Australia
        7. Thailand
        8. Vietnam
        9. South Korea
        10. Rest of Asia Pacific
  9. Latin America Market
    1. Overview
      1. Market Value (USD Million), Current and Future Projections, 2023-2035
      2. Increment $ Opportunity Assessment, 2023-2035
      3. Year-on-Year Growth Forecast (%)
    2. Segmentation (USD Million), 2023-2035, By
      1. Frequency Band, Value (USD Million)
        1. Ka-Band
        2. V-Band
        3. W-Band
      2. Component, Value (USD Million), Volume (Thousand Units)
        1. Transceivers
        2. Power Amplifiers
        3. Mixers
        4. Oscillators
        5. Filters
        6. Switches
        7. Others
      3. Satellite Type, Value (USD Million)
        1. GEO Satellite
        2. LEO Satellite
        3. Others
      4. End User, Value (USD Million)
        1. Commercial
        2. Military & Defense
        3. Aerospace & Aviation
        4. Telecommunication
        5. Research & Academic Institutes
      5. Country Level Analysis, Value (USD Million)
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  10. Middle East & Africa Market
    1. Overview
      1. Market Value (USD Million), Current and Future Projections, 2023-2035
      2. Increment $ Opportunity Assessment, 2023-2035
      3. Year-on-Year Growth Forecast (%)
    2. Segmentation (USD Million), 2023-2035, By
      1. Frequency Band, Value (USD Million)
        1. Ka-Band
        2. V-Band
        3. W-Band
      2. Component, Value (USD Million), Volume (Thousand Units)
        1. Transceivers
        2. Power Amplifiers
        3. Mixers
        4. Oscillators
        5. Filters
        6. Switches
        7. Others
      3. Satellite Type, Value (USD Million)
        1. GEO Satellite
        2. LEO Satellite
        3. Others
      4. End User, Value (USD Million)
        1. Commercial
        2. Military & Defense
        3. Aerospace & Aviation
        4. Telecommunication
        5. Research & Academic Institutes
      5. Country Level Analysis, Value (USD Million)
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
  11. World Economic Outlook
  12. About Research Nester
    1. Our Global Clientele
    2. We Serve Clients Across World

Millimeter Wave RFIC Market Size

Millimeter Wave RFIC Market size was valued at USD 313.4 million in 2023 and is projected to reach a valuation of USD 659.6 million by the end of 2035, rising at a CAGR of 6.5% during the forecast period, i.e., 2023-2035. In 2024, the industry size of millimeter wave RFIC is evaluated at USD 329.5 million.

The market is anticipated to rise significantly owing to the rapid adoption of 5G technology worldwide. These components are vital in enhancing high-frequency communication and, as such, important for next-generation network infrastructure. In December 2023, T-Mobile made history by combining eight channels of mmWave spectrum to deliver download speeds of more than 4.3 Gbps. Such advancements proves that RFICs play an important role in the realization of superior network performance. Several governments are investing in the development of 5G infrastructure that will serve to increase connectivity and further drive the growth of the millimeter wave RFIC market.  

Integration of emerging fields such as telecommunications, automotive, and healthcare sectors is presenting new opportunities via millimeter wave RFICs. A number of companies are highly interested and investing in research and development that enables them to innovate advanced RFIC solutions for high-speed wireless communication. For example, in August 2024, Intel collaborated with major telecom providers to fine-tune mmWave technology, accelerating the deployment of 5G networks. Government initiatives support digital transformation by improving the overall infrastructure and facilitating seamless adoption. These developments underpin millimeter wave RFICs for the future of communication.

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Author Credits:  Abhishek Verma


  • Report ID: 6778
  • Published Date: Dec 04, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In 2023, the industry size of millimeter wave RFIC was USD 313.4 million.

The global millimeter wave RFIC market size was USD 313.4 million in 2023 and is expected to reach USD 659.6 million by the end of 2035, expanding at a CAGR of 6.5% during the forecast period, i.e., 2023-2035. In 2024, the industry size of millimeter wave RFIC will be valued at USD 329.5 million.

Key players in the market are Analog Devices, Inc., Sivers Semiconductors AB, RF Integration Inc., RFIC Solutions Inc., Anokiwave, Inc., MMTRON, TUSK IC, Altum RF, Akronic, P.C.

The Ka-Band segment is projected to dominate the millimeter wave RFIC market during the forecast period.

North America is likely to present lucrative prospects to the companies in the millimeter wave RFIC market during the forecast period.
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