The Low Noise Amplifier (LNA) Market is
expected to grow from USD 1.17 Billion in 2016 to USD 3.00 Billion by 2023, at
a CAGR of 13.8% between 2017 and 2023. This report provides a detailed analysis
of the LNA market based on frequency, material, vertical, and geography. The
growing demand from the smartphone market, increasing usage of the long-term
evolution (LTE) technology, and adoption of E Band to meet growing bandwidth
demand are driving the driving factors for the market.
2017: Estimated year
2023: Forecast year
2017–2023: Forecast period
The
research methodology used to estimate and forecast the LNA market begins with
capturing data on key vendor revenue through secondary sources such as
Semiconductor Industry Association, Global Semiconductor Alliance, Electronic
Components Industry Association (ECIA), and Semiconductor Portal Inc. Moreover,
the vendor offerings are considered to determine the market segmentation. The
top-down and bottom-up procedures have been employed in combination to arrive
at the overall size of the LNA market on the basis of the revenues of the key
players in the market. After arriving at the overall market size, the total
market has been split into several segments and subsegments, which have been
verified through primary research by conducting extensive interviews with the
key officials such as CEOs, VPs, directors, and executives.
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Raw material suppliers Electronic design automation (EDA) and design tool vendors Original equipment manufacturers (OEMs) Integrated device manufacturers (IDMs) Original design manufacturers (ODMs) ODM and OEM technology solution providers Assembly, testing, and packaging vendors Technology, service, and solution providers Intellectual property (IP) core and licensing providers Suppliers and distributors Government and other regulatory bodies Technology investors Research institutes and organizations Market research and consulting firms
Among all the major verticals
considered for the LNA market study, the consumer electronics vertical held the
largest share in 2016. The growth is attributed to the growing adoption of
consumer electronics devices such as wearable devices; smartphones, tablets,
and laptops; portable navigation devices; portable media players; digital
cameras; and gaming consoles; as well as an increase in the number of
e-readers. The LNA market for the industrial vertical is expected to grow at
the highest CAGR during the forecast period because of the high rate of
adoption of Industry 4.0 in the industries worldwide, along with the increasing
needs for high-performance portable instruments, and flexible and fast
production test systems; and a continuing demand for the highest performance in
laboratory instruments.
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