The global low noise amplifier market is anticipated to grow at a significant CAGR of 12.5% during the forecast period. The major factors contributing to the growth of the low noise amplifier market include the introduction and expansion of 4G & 5G technology across the globe. Moreover, increasing sales of portable devices, such as smartphones, tablets, and wearable devices, is further augmenting the global market growth. Development in self-driving vehicles and enhanced GPS connectivity is expected to create a significant opportunity for the low noise amplifier market. However, the high competition due to the presence of many high and medium-size firms is affecting the profit margin, which can be a restraint for the global market.
Impact of COVID-19 Pandemic on Global Low Noise Amplifier Market
COVID-19 has impacted the low noise amplifier in such ways that during this all activities were held online such as shopping, video conferences, and education among others the demand for high network bandwidth increased subsequently. Moreover, in this market due to increased cases across the global internet penetration was increased and half of the global population was on the screen for all time. Furthermore, various apps were been developed to trace COVID-19 patients near by anyone in that GPS technology was used and again the demand of low noise amplifiers has been increased.
Segmental Outlook
The low noise amplifiers are segmented on the basis of material type, frequency, and industry vertical. Based on material type, the market is fragmented into silicon, silicon germanium, and others. On the basis of frequency, the market is sub-divided into- up to 6 GHz, 6GHz to 60 GHz, and more than 60 GHz. Furthermore, on the basis of industry vertical, the market is sub-classified into consumer electronics, telecom & broadcasting, automotive, military & defense, and medical. Among industry vertical segment, telecom & broadcasting is attributed to holding a prominent share in the market, owing to the increasing initiative towards the continuous improvement in connectivity services across the globe.
Global Low Noise Amplifier Market Share by Frequency, 2021 (%)
The Up to 6 GHz Segment is Dominating the Global Low Noise Amplifier Market
Based on frequency, up to 6 GHz frequency low noise amplifier segment is estimated to hold a significant share in the market, owing to the rise in the use of long-term evolution (LTE) technology and increase in penetration of smartphone devices across the globe. The growing demand for wide-band intensive applications is further expected to drive the market of low noise amplifiers across the globe. Along with this, the low noise amplifiers having more than 60 GHz frequency are anticipated to grow with the considerable growth rate in the market. Due to the increasing scarcity of other microwave bands, the E band is gaining a lot of popularity in recent times. The increase in demand for E bands will drive the market for low noise amplifiers in near future.
Regional Outlooks
The global low noise amplifier market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia), and the Rest of the World (the Middle East &Africa, and Latin America. North America and Europe are contributing significantly to the growth of the market with a high amount of funding and new application developments.
Global Low Noise Amplifier Market Growth, by Region 2022-2028
The Asia-Pacific Region is Emerge as a Fastest Growing region in the Global Low Noise Amplifier market
The low noise amplifier market is rapidly expanding in Asia-Pacific and witnessing significant growth specifically in the emerging economies, such as China, India, and South Korea. The factors propelling the growth of Asia-Pacific in the Low noise amplifier market include the increasing number of smartphones coupled with the technological advancement from 4G to 5G. Moreover, Asia-Pacific is the largest automotive manufacturer across the globe and automobile is one of the major applications of low noise amplifier. Countries such as China, Japan, India, and Korea are investing a significant amount in consumer electronics and defense and surveillance, which in turn, is driving the low noise amplifier market in the region.
Market Players Outlook
The competitive landscape includes key strategies of leading players, recent developments, and key company analysis. The major players that contribute to the growth of the market include Analog Devices, Inc., Panasonic Corp., MACOM Technology Solutions Inc., NXP Semiconductors N.V., Qorvo Inc., Maxim Group, Skyworks Solutions Inc., Toshiba Corp., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new Deployment launches, to stay competitive in the market. For instance, in October 2021, AmpliTech Group, Inc. has been awarded $1.2M in new orders for low noise amplifier technology for Defense/Aerospace and Defense/Commercial Customers. This new technology increases the power of a radio signal and also eliminates the distortion or "noise" that can degrade or destroy digital signals. The companies order backlog to a record $3.4M as of the date of the contract and are expected to ship in calendar 2022.
The Report Covers
1. Report Summary
• Current Material Type Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Low Noise Amplifier Market
• Recovery Scenario of Global Low Noise Amplifier Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. BY Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Analog Devices, Inc.
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. MACOM Technology Solutions Inc.
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. NXP Semiconductors N.V.
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Maxim Group, LLC
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Qorvo Inc.
3.5.1. Overview
3.5.2. Financial Analysis
3.5.3. SWOT Analysis
3.5.4. Recent Developments
3.6. Key Strategy Analysis
3.7. Impact of Covid-19 on Key Players
4. Market Segmentation
4.1. Global Low Noise Amplifier Market by Material Type
4.1.1. Silicon
4.1.2. Silicon Germanium
4.1.3. Others (Gallium Arsenide)
4.2. Global Low Noise Amplifier Market by Frequency
4.2.1. Up to 6 GHz
4.2.2. 6GHz to 60 GHz
4.2.3. More Than 60 GHz
4.3. Global Low Noise Amplifier Market by Industry Vertical
4.3.1. Industry Vertical
4.3.2. Consumer Electronics
4.3.3. Telecom & Broadcasting
4.3.4. Automotive
4.3.5. Military & Defense
4.3.6. Medical
5. Regional Analysis
5.1. North America
5.1.1. US
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Bogen Communications, Inc.
6.2. Custom MMIC Design Services, Inc.
6.3. DBwave Technologies LLC
6.4. Diodes Incorporated
6.5. Infineon Technologies AG
6.6. L3 Technologies, Inc.
6.7. Microchip Technology Inc.
6.8. NuWaves Ltd.
6.9. ON Semiconductor
6.10. Panasonic Corp.
6.11. SAGE Millimeter, Inc.
6.12. Skyworks Solutions, Inc.
6.13. Teledyne Microwave Solutions
6.14. Texas Instruments Incorporated
6.15. Toshiba Corp.
6.16. WanTcom, Inc.