Monolithic Microwave IC Market Report 2026

The monolithic microwave ic market size has grown rapidly in recent years. It will grow from $12.02 billion in 2025 to $13.27 billion in 2026 at a compound annual growth rate (CAGR) of 10.4%. The growth in the historic period can be attributed to early adoption in satellite communication, reliance on gallium arsenide materials, initial deployment in radar and defense systems, expansion of wireless communication networks, growth in test and measurement equipment.

The monolithic microwave ic market size is expected to see rapid growth in the next few years. It will grow to $20.19 billion in 2030 at a compound annual growth rate (CAGR) of 11.1%. The growth in the forecast period can be attributed to increasing demand for 5g and beyond communication, expansion of high-frequency automotive radar, development of gallium nitride mmics, rising adoption in aerospace and defense platforms, growth in broadband connectivity infrastructure. Major trends in the forecast period include adoption of advanced high-frequency mmic architectures, integration of IoT-enabled rf signal chains, expansion of AI-assisted microwave processing, development of smart autonomous rf modules, advancement of digitally controlled high-frequency components.

Rising defense spending is anticipated to drive the growth of the monolithic microwave IC market in the future. Defense spending refers to the funds allocated by a government for military and defense-related expenses. An increase in defense spending facilitates the development of advanced monolithic microwave integrated circuits (MMICs), which are crucial for various defense applications. MMICs are employed in advanced RF and microwave applications such as radar, munitions guidance, and electronic warfare (EW). For example, in April 2024, the Stockholm International Peace Research Institute, an independent resource on global security based in Sweden, reported that total global military expenditure reached $2.44 trillion in 2023, reflecting a 6.8% increase in real terms compared to 2022. Thus, increased defense spending is driving the growth of the monolithic microwave IC market.

Major companies in the monolithic microwave integrated circuit (MMIC) market are concentrating on creating advanced beamforming solutions to boost the performance of satellite communication (SATCOM) systems. Beamforming technology within MMICs enables accurate steering of signals and optimized power distribution, leading to better connectivity, higher data rates, and greater efficiency in satellite terminals. For example, in March 2025, Qorvo, a US-based supplier of innovative RF technologies, launched its new-generation Ku-band beamformers tailored for high-performance SATCOM terminals. These beamformers provide enhanced integration, superior signal precision, and scalable performance, enabling more efficient and reliable satellite communication across defense, commercial, and aerospace applications.

In October 2023, CML Microsystems PLC, a UK-based manufacturer of mixed-signal, RF, and microwave semiconductors, acquired Microwave Technology Inc. (MwT). This strategic move aims to expand CML Microsystems' product portfolio, reinforce support resources, and enhance research and development capabilities. Microwave Technology Inc. specializes in gallium arsenide (GaAs) and gallium nitride (GaN)-based MMICs, catering to commercial wireless communication, defense, space, and medical (MRI) applications. The acquisition brings valuable expertise in system-level understanding, product manufacturing, and packaging techniques to CML Microsystems Plc.

Major companies operating in the monolithic microwave ic market are Renesas Electronics Corporation, Mitsubishi Electric Corporation, Broadcom Inc., Texas Instruments Incorporated, Infineon Technologies AG, NXP Semiconductors N.V., Analog Devices Inc., Northrop Grumman Corporation, Microchip Technology Inc., Skyworks Solutions Inc., Teledyne Technologies Incorporated, Qorvo Inc., VectraWave, Wolfspeed Inc., MACOM Technology Solutions Holdings Inc., WIN Semiconductors Corp., RFHIC Corporation, Mini-Circuits, Arralis Ltd., United Monolithic Semiconductors GmbH, Astra Microwave Products Limited, Advantech Wireless Technologies Inc., STMicroelectronics N.V., Marki Microwave Inc., AMCOM Communications, Silicon Radar GmbH, Aelius Semiconductors Pte Ltd, E-Band Communications LLC, Guerrilla RF Inc.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs have affected the monolithic microwave integrated circuit market by increasing costs for imported semiconductor wafers, gallium-based materials, and high-frequency packaging components essential for RF, radar, satellite, and communication applications. Telecom, automotive, and defense sectors in North America, Europe, and Asia-Pacific face extended lead times and elevated procurement costs due to supply chain disruptions. However, tariffs are also encouraging domestic fabrication capacity, promoting local sourcing of compound semiconductor materials, and accelerating innovation in cost-effective MMIC technologies to strengthen long-term supply resilience.

The monolithic microwave IC market research report is one of a series of new reports that provides monolithic microwave IC market statistics, including monolithic microwave IC industry global market size, regional shares, competitors with a monolithic microwave IC market share, detailed monolithic microwave IC market segments, market trends and opportunities, and any further data you may need to thrive in the monolithic microwave IC industry. This monolithic microwave IC market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

A Monolithic Microwave Integrated Circuit (MMIC) is a specialized integrated circuit designed to operate within the microwave frequency range of 300 MHz to 300 GHz. MMICs are pivotal in applications such as microwave mixing, amplification with minimal noise, and high-frequency switching.

Key MMIC components encompass power amplifiers, low-noise amplifiers, attenuators, switches, phase shifters, mixers, voltage-controlled oscillators, and frequency multipliers. These components utilize various advanced materials, including gallium arsenide, indium phosphide, indium gallium phosphide, silicon germanium, and gallium nitride. They cater to a spectrum of frequency bands such as W band, V band, L band, Ka band, S band, K band, C band, Ku band, and X band. Technological variations include metal-semiconductor field-effect transistors, high electron mobility transistors, pseudomorphic high electron mobility transistors, enhancement-mode pseudomorphic high electron mobility transistors, metamorphic high electron mobility transistors, heterojunction bipolar transistors, and metal-oxide semiconductors. These MMIC technologies find extensive utilization in diverse sectors, including consumer electronics, enterprise solutions, wireless communication infrastructure, automotive industry, aerospace and defense sectors, CATV and broadband networks, as well as in test and measurement equipment.Asia-Pacific was the largest region in the monolithic microwave IC market in 2025. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the monolithic microwave ic market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the monolithic microwave ic market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The monolithic microwave integrated circuit market consists of sales of image signal processors, image sensor modules, photodetectors, and ultrasonic sensor. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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