Analysis by Material (Silicon, Gallium Arsenide, Silicon Germanium, and Indium Phosphide); by Frequency (6 Hz to 60 Hz, and Greater than 60hertz); by Application {Cellular Infrastructure, Wireless Local Area Network (WLAN), Global Positioning System (GPS) and Others}; and by Industry (Telecom, Consumer Electronics, Automotive and Others) – Global Supply & Demand Analysis & Opportunity Outlook 2023-2033
Buy Now
The global low noise amplifiers market is estimated to garner a revenue of ~USD 7 billion by the end of 2033 by growing at a CAGR of ~15% over the forecast period, i.e., 2023 – 2033. Further, the market generated a revenue of ~USD 2 billion in the year 2022. 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.
Get more information on this report:Download Sample PDF
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.
-Market-Analysis.jpg)
|
Base Year |
2022 |
|
Forecast Year |
2023-2033 |
|
CAGR |
~15% |
|
Base Year Market Size (2022) |
~ USD 2 Billion |
|
Forecast Year Market Size (2033) |
~ USD 7 Billion |
|
Regional Scope |
|
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
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.
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.
Our in-depth analysis of the global low noise amplifiers market includes the following segments:
|
By Material |
|
|
By Frequency |
|
|
By Application |
|
|
By Industry |
|
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.
In 2023, market players might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain.
Controlling Inflation has become the first priority for global economies from last quarter of 2022 and to be followed in 2023. With skewed economic situations, rise in interest rate by governments to control spending and inflation, spiked oil and gas prices, high inflation, geo-political issues including U.S. & China trade war, Russia-Ukraine conflict to intensify the global economic issues.
The interest rates in the U.S. may be less sensitive in 2023 as compared to 2022; sigh of relief for businesses. Positive business sentiments, healthy business balance sheets, growth in construction spending (private construction value in 2022 stood at $1,429.2 billion, 11.7 percent (±1.0 percent) above the $1,279.5 billion spent in 2021, Residential construction in 2022 was $899.1 billion, up by 13.3 percent (±2.1 percent) from $793.7 billion in 2021, non-residential construction touched $530.1 billion, 9.1 percent (±1.0 percent) above the $485.8 billion in 2021.) showcases minimal impact of recession in the country.
Similarly, spiked spending in the European and major Asia economics including, India, China & Japan to showcase less impact on the global demand.
Ans: Increasing use of cellular telephones, GPS, WLAN, as well as upsurge in the demand for consumer electronics along with growing satellite communications are some of the major factors anticipated to drive the growth of the market.
Ans: The market is anticipated to attain a CAGR of ~15% over the forecast period, i.e., 2023 – 2033.
Ans: Designing challenges as well as concern about performance stability are some of the factors estimated to hamper the market growth.
Ans: The market in North America is projected to hold the largest market share by the end of 2033 and provide more business opportunities in the future.
Ans: The major players in the market are Skyworks Solutions, Inc., Apple Inc. Analog Devices, Inc., Panasonic Industry Co., Ltd., WanTcom, Inc., NXP Semiconductors N.V., Infineon Technologies AG, and others.
Ans: The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.
Ans: The market is segmented by material, frequency, application, industry, and by region.
Ans: The cellular infrastructuresegment is anticipated to garner the largest market size by the end of 2033 and display significant growth opportunities.
Submit Your Request For Proposal (RFP)
