According to the MarketsandMarkets research report titled "Low Noise Amplifier (LNA) Market by Frequency, Material, Vertical, and Geography - Global Forecast to 2023", the market for low-noise amplifiers (LNAs) 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. The major factors driving the growth of this market include the huge demand from the smartphone market, growing bandwidth demand, and increasing usage of long-term evolution (LTE) technology.
- Consumer electronics expected to hold largest share of LNA market based on vertical during forecast period
- LNA market for silicon germanium to grow at highest CAGR during forecast period
- APAC to hold largest share of LNA market during forecast period
Major players of the LNA market are NXP Semiconductors N.V. (Netherlands), Analog Devices, Inc. (US), Infineon Technologies AG (Germany), L3 Narda-MITEQ (US), Qorvo, Inc. (US), Skyworks Solutions, Inc. (US), ON Semiconductor Corp. (US), Panasonic Corp. (Japan), Texas Instruments, Inc. (US), and Teledyne Microwave Solutions (US). The key innovators of the market are Custom MMIC (US), MACOM Technology Solutions Holdings, Inc. (US), SAGE Millimeter, Inc. (US), WanTcom Inc. (US), and DBWave Technologies Co., Ltd. (China).
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