-Market-Analysis.webp)
Low Noise Amplifiers Market size is anticipated to surpass USD 7 billion by the end of 2033, growing at a CAGR of 15% during the forecast period, i.e., 2023-2033. In the year 2022, the industry size of low noise amplifiers was USD 2 billion. The growth of the market can primarily be attributed to the increasing penetration of smartphones worldwide along with the rising need for signal amplifier devices. For instance, globally 268 million smartphone users were added to the total number of smartphone users between 2021 and 2022.
With the recent advancements in the global space business as well as the growing commercial satellite industry, the demand for LNAs is on the rise amongst the satellite communication service providers, which in turn, is expected to create massive revenue generation opportunities for the key players operating in the global low noise amplifiers (LNAs) market during the forecast period.
Growth Drivers
Increasing Use of GPS Systems - is responsible for the rising demand for LNAs as they are used in communications receivers such as GPS receivers, satellite communications, WPANs, and others. The increasing use of GPS systems is expected to boost the market for LNAs in the forecasted period. For instance, it was found that approximately 78 million cars have a GPS system, and about 98% of cars will have one in the next few years.
Growing Global Space Business - led by the commercial satellite industry, which accounted for ~72% of the space business, with a total revenue of more than USD 275 billion in 2021.
Rising Trend of Wireless Networks - according to estimates, globally more than 22 billion devices were connected via WLAN in 2021.
Growing Automotive Industry - as per estimates, the projected unit sales volumes of all automotive (including cars) are expected to be ~78 million units in 2022.
Upsurge in the Spending on Emerging Technologies – global consumer spending on traditional and emerging technologies is estimated to reach USD 500 billion in 2022.
Challenges
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Base Year |
2022 |
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Forecast Year |
2023-2033 |
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CAGR |
~15% |
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Base Year Market Size (2022) |
~ USD 2 Billion |
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Forecast Year Market Size (2033) |
~ USD 7 Billion |
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Regional Scope |
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Application {Cellular Infrastructure, Wireless Local Area Network (WLAN)
The global low noise amplifiers (LNAs) market is segmented and analyzed for demand and supply by application into cellular infrastructure, wireless local area network (WLAN), global positioning system (GPS), ISM band, and broadband. Amongst these segments, the cellular infrastructure segment is anticipated to garner the largest revenue by the end of 2033, backed by the increasing spending on cellular infrastructure along with the surge in the use of long-term evolution (LTE) technology worldwide. For instance, worldwide private LTE/5G wireless infrastructure revenues are expected to reach more than USD 8 billion by 2026, increasing from ~USD 1.7 billion in 2021.
Our in-depth analysis of the global market includes the following segments:
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By Material |
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By Frequency |
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By Application |
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By Industry |
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North American Market Forecast
The North America low noise amplifiers market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2033, backed by the growing demand for consumer electronics in the region along with the rising need for noise amplification devices. For instance, in 2021, the consumer electronics retail sales value was estimated to be around USD 440 billion in the United States.
Apple Inc.
Apple Inc., - launched the second generation of AirPods Pro, which can deliver unrivaled audio quality, enhanced active noise cancellation, and touch control for media playback and volume adjustments directly from the stem.
Skyworks Inc., - introduced its SKYA21038, SKYA21039, SKYA21040 and SKYA21041 for automotive, cellular compensator and cellular telematics. Amongst them, the SKYA21040 integrates a single-pole, triple-throw (SP3T) switch and low-noise amplifier (LNA) with a bypass mode in an ultra-compact package.
Author Credits: Abhishek Verma, Hetal Singh
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