The global millimeter wave RFIC market was valued at USD 313.4 million in 2023 and is expected to grow to USD 659.6 million by 2035, registering a CAGR of 6.5% during the forecast period from 2023 to 2035. By 2024, the market size is estimated to reach USD 329.5 million, underpinned by the strong rollout of 5G networks that are increasing the demand for high-frequency communications, coupled with advancements in wireless technologies
Table of Contents
1. Introduction
1.1. Study Objective
1.2. Scope of the report
1.3. Market Taxonomy
1.2. Scope of the report
1.3. Market Taxonomy
2. Study Assumptions and Abbreviations
2.1. Research Methodology
2.2. Secondary Research
2.3. Primary Research
2.4. SPSS Approach
2.5. Data Triangulation
2.2. Secondary Research
2.3. Primary Research
2.4. SPSS Approach
2.5. Data Triangulation
4. Global Industry Overview Market
4.1. Market Overview
4.2. Regional Synopsis
4.3. Industry Supply Chain Analysis
4.4. DROTs
4.4.1. Driver
4.4.2. Restraint
4.4.3. Opportunities
4.4.4. Threat
4.5. Government Regulation
4.6. Competitive Landscape
4.6.1. Analog Devices, Inc.
4.6.2. Sivers Semiconductors AB.
4.6.3. RF Integration Inc.
4.6.4. RFIC Solutions Inc.
4.6.5. Anokiwave, Inc.
4.6.6. MMTRON
4.6.7. TUSK IC
4.6.8. Altum RF
4.6.9. Akronic, P.C.
4.7. Trends & Strategic Analysis of Key RFIC Manufacturers for Satcom Industry
4.8. Ongoing Technological Advancements
4.9. Price Benchmarking
4.10. Annual RFIC Demand (in Thousand Units) by Frequency Band
4.11. (2023-2035)
4.12. Market Value Forecast for RFIC by Frequency Band
4.13. (2023-2035)
4.14. SWOT Analysis
4.15. Component Analysis
4.16. Block Diagram Analysis - Transceiver
4.17. End-User Analysis
4.18. Root Cause Analysis for Millimeter Wave RFIC Market
4.19. Industry Risk Assessment
4.2. Regional Synopsis
4.3. Industry Supply Chain Analysis
4.4. DROTs
4.4.1. Driver
4.4.2. Restraint
4.4.3. Opportunities
4.4.4. Threat
4.5. Government Regulation
4.6. Competitive Landscape
4.6.1. Analog Devices, Inc.
4.6.2. Sivers Semiconductors AB.
4.6.3. RF Integration Inc.
4.6.4. RFIC Solutions Inc.
4.6.5. Anokiwave, Inc.
4.6.6. MMTRON
4.6.7. TUSK IC
4.6.8. Altum RF
4.6.9. Akronic, P.C.
4.7. Trends & Strategic Analysis of Key RFIC Manufacturers for Satcom Industry
4.8. Ongoing Technological Advancements
4.9. Price Benchmarking
4.10. Annual RFIC Demand (in Thousand Units) by Frequency Band
4.11. (2023-2035)
4.12. Market Value Forecast for RFIC by Frequency Band
4.13. (2023-2035)
4.14. SWOT Analysis
4.15. Component Analysis
4.16. Block Diagram Analysis - Transceiver
4.17. End-User Analysis
4.18. Root Cause Analysis for Millimeter Wave RFIC Market
4.19. Industry Risk Assessment
5. Gobal Outlook and Projections
5.1. Global Overview
5.1.1. Market Value (USD Million), Current and Future Projections, 2023-2035
5.1.2. Increment $ Opportunity Assessment, 2023-2035
5.1.3. Year-on-Year Growth Forecast (%)
5.2. Global Segmentation (USD Million), 2023-2035, By
5.2.1. Frequency Band, Value (USD Million)
5.2.1.1. Ka-Band
5.2.1.2. V-Band
5.2.1.3. W-Band
5.2.2. Component, Value (USD Million), Volume (Thousand Units)
5.2.2.1. Transceivers
5.2.2.2. Power Amplifiers
5.2.2.3. Mixers
5.2.2.4. Oscillators
5.2.2.5. Filters
5.2.2.6. Switches
5.2.2.7. Others
5.2.3. Satellite Type, Value (USD Million)
5.2.3.1. GEO Satellite
5.2.3.2. LEO Satellite
5.2.3.3. Others
5.2.4. End User, Value (USD Million)
5.2.4.1. Commercial
5.2.4.2. Military & Defense
5.2.4.3. Aerospace & Aviation
5.2.4.4. Telecommunication
5.2.4.5. Research & Academic Institutes
5.2.5. Regional Synopsis (USD Million), 2023-2035
5.2.5.1. North America, Value (USD Million)
5.2.5.2. Europe, Value (USD Million)
5.2.5.3. Asia Pacific, Value (USD Million)
5.2.5.4. Latin America, Value (USD Million)
5.2.5.5. Middle East and Africa, Value (USD Million)
5.1.1. Market Value (USD Million), Current and Future Projections, 2023-2035
5.1.2. Increment $ Opportunity Assessment, 2023-2035
5.1.3. Year-on-Year Growth Forecast (%)
5.2. Global Segmentation (USD Million), 2023-2035, By
5.2.1. Frequency Band, Value (USD Million)
5.2.1.1. Ka-Band
5.2.1.2. V-Band
5.2.1.3. W-Band
5.2.2. Component, Value (USD Million), Volume (Thousand Units)
5.2.2.1. Transceivers
5.2.2.2. Power Amplifiers
5.2.2.3. Mixers
5.2.2.4. Oscillators
5.2.2.5. Filters
5.2.2.6. Switches
5.2.2.7. Others
5.2.3. Satellite Type, Value (USD Million)
5.2.3.1. GEO Satellite
5.2.3.2. LEO Satellite
5.2.3.3. Others
5.2.4. End User, Value (USD Million)
5.2.4.1. Commercial
5.2.4.2. Military & Defense
5.2.4.3. Aerospace & Aviation
5.2.4.4. Telecommunication
5.2.4.5. Research & Academic Institutes
5.2.5. Regional Synopsis (USD Million), 2023-2035
5.2.5.1. North America, Value (USD Million)
5.2.5.2. Europe, Value (USD Million)
5.2.5.3. Asia Pacific, Value (USD Million)
5.2.5.4. Latin America, Value (USD Million)
5.2.5.5. Middle East and Africa, Value (USD Million)
6. North America Market
6.1. Overview
6.1.1. Market Value (USD Million), Current and Future Projections, 2023-2035
6.1.2. Increment $ Opportunity Assessment, 2023-2035
6.1.3. Year-on-Year Growth Forecast (%)
6.2. Segmentation (USD Million), 2023-2035, By
6.2.1. Frequency Band, Value (USD Million)
6.2.1.1. Ka-Band
6.2.1.2. V-Band
6.2.1.3. W-Band
6.2.2. Component, Value (USD Million), Volume (Thousand Units)
6.2.2.1. Transceivers
6.2.2.2. Power Amplifiers
6.2.2.3. Mixers
6.2.2.4. Oscillators
6.2.2.5. Filters
6.2.2.6. Switches
6.2.2.7. Others
6.2.3. Satellite Type, Value (USD Million)
6.2.3.1. GEO Satellite
6.2.3.2. LEO Satellite
6.2.3.3. Others
6.2.4. End User, Value (USD Million)
6.2.4.1. Commercial
6.2.4.2. Military & Defense
6.2.4.3. Aerospace & Aviation
6.2.4.4. Telecommunication
6.2.4.5. Research & Academic Institutes
6.2.5. Country Level Analysis, Value (USD Million)
6.2.5.1. U.S.
6.2.5.2. Canada
6.1.1. Market Value (USD Million), Current and Future Projections, 2023-2035
6.1.2. Increment $ Opportunity Assessment, 2023-2035
6.1.3. Year-on-Year Growth Forecast (%)
6.2. Segmentation (USD Million), 2023-2035, By
6.2.1. Frequency Band, Value (USD Million)
6.2.1.1. Ka-Band
6.2.1.2. V-Band
6.2.1.3. W-Band
6.2.2. Component, Value (USD Million), Volume (Thousand Units)
6.2.2.1. Transceivers
6.2.2.2. Power Amplifiers
6.2.2.3. Mixers
6.2.2.4. Oscillators
6.2.2.5. Filters
6.2.2.6. Switches
6.2.2.7. Others
6.2.3. Satellite Type, Value (USD Million)
6.2.3.1. GEO Satellite
6.2.3.2. LEO Satellite
6.2.3.3. Others
6.2.4. End User, Value (USD Million)
6.2.4.1. Commercial
6.2.4.2. Military & Defense
6.2.4.3. Aerospace & Aviation
6.2.4.4. Telecommunication
6.2.4.5. Research & Academic Institutes
6.2.5. Country Level Analysis, Value (USD Million)
6.2.5.1. U.S.
6.2.5.2. Canada
7. Europe Market
7.1. Overview
7.1.1. Market Value (USD Million), Current and Future Projections, 2023-2035
7.1.2. Increment $ Opportunity Assessment, 2023-2035
7.1.3. Year-on-Year Growth Forecast (%)
7.2. Segmentation (USD Million), 2023-2035, By
7.2.1. Frequency Band, Value (USD Million)
7.2.1.1. Ka-Band
7.2.1.2. V-Band
7.2.1.3. W-Band
7.2.2. Component, Value (USD Million), Volume (Thousand Units)
7.2.2.1. Transceivers
7.2.2.2. Power Amplifiers
7.2.2.3. Mixers
7.2.2.4. Oscillators
7.2.2.5. Filters
7.2.2.6. Switches
7.2.2.7. Others
7.2.3. Satellite Type, Value (USD Million)
7.2.3.1. GEO Satellite
7.2.3.2. LEO Satellite
7.2.3.3. Others
7.2.4. End User, Value (USD Million)
7.2.4.1. Commercial
7.2.4.2. Military & Defense
7.2.4.3. Aerospace & Aviation
7.2.4.4. Telecommunication
7.2.4.5. Research & Academic Institutes
7.2.5. Country Level Analysis, Value (USD Million)
7.2.5.1. UK
7.2.5.2. Germany
7.2.5.3. France
7.2.5.4. Italy
7.2.5.5. Spain
7.2.5.6. NORDIC
7.2.5.7. Russia
7.2.5.8. Rest of Europe
7.1.1. Market Value (USD Million), Current and Future Projections, 2023-2035
7.1.2. Increment $ Opportunity Assessment, 2023-2035
7.1.3. Year-on-Year Growth Forecast (%)
7.2. Segmentation (USD Million), 2023-2035, By
7.2.1. Frequency Band, Value (USD Million)
7.2.1.1. Ka-Band
7.2.1.2. V-Band
7.2.1.3. W-Band
7.2.2. Component, Value (USD Million), Volume (Thousand Units)
7.2.2.1. Transceivers
7.2.2.2. Power Amplifiers
7.2.2.3. Mixers
7.2.2.4. Oscillators
7.2.2.5. Filters
7.2.2.6. Switches
7.2.2.7. Others
7.2.3. Satellite Type, Value (USD Million)
7.2.3.1. GEO Satellite
7.2.3.2. LEO Satellite
7.2.3.3. Others
7.2.4. End User, Value (USD Million)
7.2.4.1. Commercial
7.2.4.2. Military & Defense
7.2.4.3. Aerospace & Aviation
7.2.4.4. Telecommunication
7.2.4.5. Research & Academic Institutes
7.2.5. Country Level Analysis, Value (USD Million)
7.2.5.1. UK
7.2.5.2. Germany
7.2.5.3. France
7.2.5.4. Italy
7.2.5.5. Spain
7.2.5.6. NORDIC
7.2.5.7. Russia
7.2.5.8. Rest of Europe
8. Asia Pacific Market
8.1. Overview
8.1.1. Market Value (USD Million), Current and Future Projections, 2023-2035
8.1.2. Increment $ Opportunity Assessment, 2023-2035
8.1.3. Year-on-Year Growth Forecast (%)
8.2. Segmentation (USD Million), 2023-2035, By
8.2.1. Frequency Band, Value (USD Million)
8.2.1.1. Ka-Band
8.2.1.2. V-Band
8.2.1.3. W-Band
8.2.2. Component, Value (USD Million), Volume (Thousand Units)
8.2.2.1. Transceivers
8.2.2.2. Power Amplifiers
8.2.2.3. Mixers
8.2.2.4. Oscillators
8.2.2.5. Filters
8.2.2.6. Switches
8.2.2.7. Others
8.2.3. Satellite Type, Value (USD Million)
8.2.3.1. GEO Satellite
8.2.3.2. LEO Satellite
8.2.3.3. Others
8.2.4. End User, Value (USD Million)
8.2.4.1. Commercial
8.2.4.2. Military & Defense
8.2.4.3. Aerospace & Aviation
8.2.4.4. Telecommunication
8.2.4.5. Research & Academic Institutes
8.2.5. Country Level Analysis, Value (USD Million)
8.2.5.1. China
8.2.5.2. Japan
8.2.5.3. India
8.2.5.4. Indonesia
8.2.5.5. Malaysia
8.2.5.6. Australia
8.2.5.7. Thailand
8.2.5.8. Vietnam
8.2.5.9. South Korea
8.2.5.10. Rest of Asia Pacific
8.1.1. Market Value (USD Million), Current and Future Projections, 2023-2035
8.1.2. Increment $ Opportunity Assessment, 2023-2035
8.1.3. Year-on-Year Growth Forecast (%)
8.2. Segmentation (USD Million), 2023-2035, By
8.2.1. Frequency Band, Value (USD Million)
8.2.1.1. Ka-Band
8.2.1.2. V-Band
8.2.1.3. W-Band
8.2.2. Component, Value (USD Million), Volume (Thousand Units)
8.2.2.1. Transceivers
8.2.2.2. Power Amplifiers
8.2.2.3. Mixers
8.2.2.4. Oscillators
8.2.2.5. Filters
8.2.2.6. Switches
8.2.2.7. Others
8.2.3. Satellite Type, Value (USD Million)
8.2.3.1. GEO Satellite
8.2.3.2. LEO Satellite
8.2.3.3. Others
8.2.4. End User, Value (USD Million)
8.2.4.1. Commercial
8.2.4.2. Military & Defense
8.2.4.3. Aerospace & Aviation
8.2.4.4. Telecommunication
8.2.4.5. Research & Academic Institutes
8.2.5. Country Level Analysis, Value (USD Million)
8.2.5.1. China
8.2.5.2. Japan
8.2.5.3. India
8.2.5.4. Indonesia
8.2.5.5. Malaysia
8.2.5.6. Australia
8.2.5.7. Thailand
8.2.5.8. Vietnam
8.2.5.9. South Korea
8.2.5.10. Rest of Asia Pacific
9. Latin America Market
9.1. Overview
9.1.1. Market Value (USD Million), Current and Future Projections, 2023-2035
9.1.2. Increment $ Opportunity Assessment, 2023-2035
9.1.3. Year-on-Year Growth Forecast (%)
9.2. Segmentation (USD Million), 2023-2035, By
9.2.1. Frequency Band, Value (USD Million)
9.2.1.1. Ka-Band
9.2.1.2. V-Band
9.2.1.3. W-Band
9.2.2. Component, Value (USD Million), Volume (Thousand Units)
9.2.2.1. Transceivers
9.2.2.2. Power Amplifiers
9.2.2.3. Mixers
9.2.2.4. Oscillators
9.2.2.5. Filters
9.2.2.6. Switches
9.2.2.7. Others
9.2.3. Satellite Type, Value (USD Million)
9.2.3.1. GEO Satellite
9.2.3.2. LEO Satellite
9.2.3.3. Others
9.2.4. End User, Value (USD Million)
9.2.4.1. Commercial
9.2.4.2. Military & Defense
9.2.4.3. Aerospace & Aviation
9.2.4.4. Telecommunication
9.2.4.5. Research & Academic Institutes
9.2.5. Country Level Analysis, Value (USD Million)
9.2.5.1. Brazil
9.2.5.2. Mexico
9.2.5.3. Argentina
9.2.5.4. Rest of Latin America
9.1.1. Market Value (USD Million), Current and Future Projections, 2023-2035
9.1.2. Increment $ Opportunity Assessment, 2023-2035
9.1.3. Year-on-Year Growth Forecast (%)
9.2. Segmentation (USD Million), 2023-2035, By
9.2.1. Frequency Band, Value (USD Million)
9.2.1.1. Ka-Band
9.2.1.2. V-Band
9.2.1.3. W-Band
9.2.2. Component, Value (USD Million), Volume (Thousand Units)
9.2.2.1. Transceivers
9.2.2.2. Power Amplifiers
9.2.2.3. Mixers
9.2.2.4. Oscillators
9.2.2.5. Filters
9.2.2.6. Switches
9.2.2.7. Others
9.2.3. Satellite Type, Value (USD Million)
9.2.3.1. GEO Satellite
9.2.3.2. LEO Satellite
9.2.3.3. Others
9.2.4. End User, Value (USD Million)
9.2.4.1. Commercial
9.2.4.2. Military & Defense
9.2.4.3. Aerospace & Aviation
9.2.4.4. Telecommunication
9.2.4.5. Research & Academic Institutes
9.2.5. Country Level Analysis, Value (USD Million)
9.2.5.1. Brazil
9.2.5.2. Mexico
9.2.5.3. Argentina
9.2.5.4. Rest of Latin America
10. Middle East & Africa Market
10.1. Overview
10.1.1. Market Value (USD Million), Current and Future Projections, 2023-2035
10.1.2. Increment $ Opportunity Assessment, 2023-2035
10.1.3. Year-on-Year Growth Forecast (%)
10.2. Segmentation (USD Million), 2023-2035, By
10.2.1. Frequency Band, Value (USD Million)
10.2.1.1. Ka-Band
10.2.1.2. V-Band
10.2.1.3. W-Band
10.2.2. Component, Value (USD Million), Volume (Thousand Units)
10.2.2.1. Transceivers
10.2.2.2. Power Amplifiers
10.2.2.3. Mixers
10.2.2.4. Oscillators
10.2.2.5. Filters
10.2.2.6. Switches
10.2.2.7. Others
10.2.3. Satellite Type, Value (USD Million)
10.2.3.1. GEO Satellite
10.2.3.2. LEO Satellite
10.2.3.3. Others
10.2.4. End User, Value (USD Million)
10.2.4.1. Commercial
10.2.4.2. Military & Defense
10.2.4.3. Aerospace & Aviation
10.2.4.4. Telecommunication
10.2.4.5. Research & Academic Institutes
10.2.5. Country Level Analysis, Value (USD Million)
10.2.5.1. GCC
10.2.5.2. Israel
10.2.5.3. South Africa
10.2.5.4. Rest of Middle East & Africa
10.1.1. Market Value (USD Million), Current and Future Projections, 2023-2035
10.1.2. Increment $ Opportunity Assessment, 2023-2035
10.1.3. Year-on-Year Growth Forecast (%)
10.2. Segmentation (USD Million), 2023-2035, By
10.2.1. Frequency Band, Value (USD Million)
10.2.1.1. Ka-Band
10.2.1.2. V-Band
10.2.1.3. W-Band
10.2.2. Component, Value (USD Million), Volume (Thousand Units)
10.2.2.1. Transceivers
10.2.2.2. Power Amplifiers
10.2.2.3. Mixers
10.2.2.4. Oscillators
10.2.2.5. Filters
10.2.2.6. Switches
10.2.2.7. Others
10.2.3. Satellite Type, Value (USD Million)
10.2.3.1. GEO Satellite
10.2.3.2. LEO Satellite
10.2.3.3. Others
10.2.4. End User, Value (USD Million)
10.2.4.1. Commercial
10.2.4.2. Military & Defense
10.2.4.3. Aerospace & Aviation
10.2.4.4. Telecommunication
10.2.4.5. Research & Academic Institutes
10.2.5. Country Level Analysis, Value (USD Million)
10.2.5.1. GCC
10.2.5.2. Israel
10.2.5.3. South Africa
10.2.5.4. Rest of Middle East & Africa
12. About the Publisher
12.1. Global Clientele
12.2. We Serve Clients Across World
12.2. We Serve Clients Across World
Companies Mentioned
- Analog Devices Inc.
- Sivers Semiconductors AB
- Anokiwave Inc.