Transparency Market Research

Low Noise Amplifier Market - Demand for Mobile Phones Has Escalated Growth

Low Noise Amplifier Market - Size, Share, Growth, Trends and Forecast 2018 - 2026

 

Albany, NY -- (SBWIRE) -- 02/22/2019 -- An up to date business intelligence publication by Transparency Market Research (TMR) has detected that the shares in the global low noise amplifier (LNA) market are distributed among a large pool of players. And although the evolution of 5G technology and growing commercialization of the Internet of Things (IoT) are poised to open vast new opportunities in the low noise amplifier market.

The radical manner in which the demand for mobile phones has escalated across the world is the primary driver of the global low noise amplifier market. Smartphones are equipped with high sensitivity system using LNA in the receive path to enhance end user's experience by maximizing data rate and ensuring good reception quality.

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Some of the other factors that are expected to reflect positively on the global low noise amplifier market are: increasing usage of LTE technology, flourishing military and defense sector on the back of extended defense budget of several emerging economies, and growing adoption of E-band to satisfy the need for higher bandwidths.

On the other hand, reducing percentage of margin for the players as more and more players enter field and the need to design a robust platform are a few restraints holding the LNA market back. Nevertheless, the vendors of this market are expected to gain new opportunities from the commercialization of the IoT, evolution of 5G technology, incremented investment on space programs, and the prospering automotive industry.

Based on frequency, the low noise amplifier market has been segmented into less than 6GHz, 6GHz to 60GHz, and greater than 60GHz. Most of electronic devices that are meant for communication such as mobile phones, router, and radio devices operate at a frequency range of less than 6GHz. Therefore, owing to the large scale production of these devices, less than 6GHz segment is expected to grow at the highest CAGR throughout the forecast period.

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By material, the low noise amplifier market has been bifurcated into silicon, silicon germanium, and gallium arsenide. Silicon is abundantly available in nature and costs relatively less than gallium arsenide. In spite of this, gallium arsenide is expected to substitute silicon during the forecast period owing to its faster speed of operation.