The Semiconductor in Military and Aerospace Market Size was valued at a CAGR of 8% over the forecast period 2023-2030. A semiconductor has a wide range of applications in the aviation and security industries. It is expected to see a further flood sought after as a result of the growing consumption of space inquiry and examination. Semiconductors, for example, are used to power executives, RF frameworks, aeronautics, coordinated vehicle frameworks, and security frameworks, among other substantial applications. The report on semiconductors in the military and aerospace market provides a clear summary while also investigating Cost Structure, Supply Chain, Development Management Techniques, Retailers Analysis, Financial Support, Business Strategies, and Marketing Channels.
Furthermore, the predictable growing use by various government and space offices is satisfying the demand for more powerful and effective innovation for further expanded space research and military improvements.
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MARKET DYNAMICS
KEY DRIVERS
Growing Programs for Aircraft Upgrading and Modernization
Rising Interest in Thinner, More Advanced Display Screens
OPPORTUNITY
One of the important factors that will drive the growth of the semiconductor market in the military and aerospace industries is the rising use of gallium nitride (GaN) semiconductors.
CHALLENGES
The Semiconductor in Military and Aerospace Market is expected to grow rapidly in the next years as non-industrial nations like China and India increase their tactical consumption.
IMPACT OF COVID-19
Since the COVID-19 infection flare-up in December 2019, the illness has spread to about 100 countries around the world, with the World Health Organization declaring it a public health emergency. The global repercussions of the COVID-19 are now being seen and will have a significant impact on the semiconductor business in the military and aerospace markets in 2021. The Corona virus has three major effects on the global economy:
Simply influencing the process of invention and request
Creating shop network and market disruption and Its economic impact on enterprises and financial sectors
The spread of COVID-19 has had positive effects in a variety of areas, including flight cancellations, travel boycotts, and isolations; café closures; all indoor events restricted; more than forty countries declared highly sensitive situations; significant easing back of the stock network; securities exchange unpredictability; falling business certainty, growing populist fervour, and uncertainty about the future.
One of the primary factors expected to boost semiconductor market growth in the military and aerospace industries is an increase in aircraft upgrades and modernization's. With the goal of assisting pilots in safe flight, aircraft manufacturers have begun to upgrade and modernise their products. Furthermore, as cathode ray tubes become outmoded, there is an increasing need to replace aircraft display screens. Lighter and more advanced display screens are required to save fuel and minimise pollution. As a result, demand for semiconductors used in aeroplane electronics systems would rise, propelling market growth.
Factors that will drive the growth of the semiconductor market in the military and aerospace industries is the rising use of gallium nitride (GaN) semiconductors. GaN has a better efficiency in conducting electrons than silicon semiconductors and is also less expensive. Furthermore, because GaN devices are significantly smaller than silicon devices, a huge number of GaN devices may be made per wafer. These benefits have contributed to GaN's increased acceptance and use in a variety of industries.
The memory segment's semiconductor market share rise in the military and aerospace industries will be strong during the projection period. Data is stored in semiconductor memory. Memory is essential in any device that employs a processor. As a result of the rising use of CPUs in numerous devices, the need for semiconductor memory has skyrocketed. Furthermore, software associated with processors and computers is becoming more sophisticated and larger in size. This raises the demand for semiconductor memory. The usage of technology in military weaponry will drive up demand for memory chips even further.
By Technology
Through-Hole Technology
By Component
Sensors
Actuators
Optical
Memory
Micro controller
Analog ICs
Logic & Discrete Power Devices
By End-Use
Aerospace
Defense
By Application
Ruggedized Communications
Imaging And Radar
Smart Munitions
Space
Others
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REGIONAL ANALYSIS
Because of recognisable innovation organisations like General Dynamics Corporation and Northrop Grumman Corporation, North America dominated the global Semiconductor in the military and aviation market in 2018.
Europe Rising collaborations between firms, such as BAE Systems, and military offices of nations, such as the United States, are pushing market development in the field.
Asia-Pacific During the forecast period, this market is expected to grow at the fastest rate. Rising military consumption in China and India is expected to fuel market growth in the region.
Africa and the Middle East Increasing aeroplane modernisation plans are propelling market growth in the district.
South America Increasing government investment in acquiring advanced military weapons to combat criminal operations, for example, drug trafficking, is expected to boost market expansion in the sector.
REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
The major Players are Micron Technology Inc., SEMICOA, Xilinx Inc., Infineon Technologies AG, KCB Solutions LLC, Microchip Technology Inc., Semiconductor Components Industries, LLC, Semtech Corp., Teledyne Technologies Inc., Texas Instruments Inc, and other players
Microchip Technology Inc-Company Financial Analysis
| Report Attributes | Details |
|---|---|
| Market Size in 2022 | US$ xx Billion |
| Market Size by 2030 | US$ xx Billion |
| CAGR | CAGR of 8% From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2020-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Technology (Surface Mount Technology, and Through-Hole Technology) • By Component (Sensors ,Actuators, Optical, Memory, Microcontroller, Analog ICs, Logic & Discrete Power Devices,) • By Packaging Type (Plastics and Ceramic) • By End-Use (Aerospace [Power Payload, Power Management, RF Systems, Avionics, Aircraft, ] • By Defense [Communication Navigation Systems, Integrated Vehicle Systems, High Precision Systems, Military Vehicles,) • By Application (Ruggedized Communications, Imaging And Radar, Smart Munitions, Space, Others) |
| Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | Micron Technology Inc., SEMICOA, Xilinx Inc., Infineon Technologies AG, KCB Solutions LLC, Microchip Technology Inc., Semiconductor Components Industries, LLC, Semtech Corp., Teledyne Technologies Inc., Texas Instruments Inc, and other players. |
| DRIVERS | • Growing Programs for Aircraft Upgrading and Modernization • Rising Interest in Thinner, More Advanced Display Screens |
| OPPORTUNITY | • One of the important factors that will drive the growth of the semiconductor market in the military and aerospace industries is the rising use of gallium nitride (GaN) semiconductors. |
Growing programs for aircraft upgrading and modernization and rising interest in thinner, more advanced display screens are the driving factors of the Semiconductor in Military and Aerospace Market.
The growth rate of the Semiconductor in Military and Aerospace Market is 8% over the forecast period 2023-2030.
The key players of the Semiconductor in Military and Aerospace Market are Micron Technology Inc., SEMICOA, Xilinx Inc., Infineon Technologies AG, KCB Solutions LLC, Microchip Technology Inc., Semiconductor Components Industries, LLC, Semtech Corp., Teledyne Technologies Inc., and Texas Instruments Inc.
Semiconductor in Military and Aerospace Market is segmented into 4 types: By Technology, By Component, By End-use, and By Application.
North America region dominated the Semiconductor in Military and Aerospace Market.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia War
4.3 Impact of Ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Semiconductor in Military and Aerospace Market Segmentation, by Technology
8.1 Surface Mount Technology
8.2 Through-Hole Technology
9. Semiconductor in Military and Aerospace Market Segmentation, by Component
9.1 Sensors
9.2 Actuators
9.3 Optical
9.4 Memory
9.5 Micro controller
9.6 Analog ICs,
9.7 Logic & Discrete Power Devices
10. Semiconductor in Military and Aerospace Market Segmentation, by End-Use
10.1 Aerospace
10.2 Defense
11. Semiconductor in Military and Aerospace Market Segmentation, by Application
11.1 Ruggedized Communications
11.2 Imaging And Radar
11.3 Smart Munitions
11.4 Space
11.5 Others
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 USA
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 Germany
12.3.2 UK
12.3.3 France
12.3.4 Italy
12.3.5 Spain
12.3.6 The Netherlands
12.3.7 Rest of Europe
12.4 Asia-Pacific
12.4.1 Japan
12.4.2 South Korea
12.4.3 China
12.4.4 India
12.4.5 Australia
12.4.6 Rest of Asia-Pacific
12.5 The Middle East & Africa
12.5.1 Israel
12.5.2 UAE
12.5.3 South Africa
12.5.4 Rest
12.6 Latin America
12.6.1 Brazil
12.6.2 Argentina
12.6.3 Rest of Latin America
13. Company Profiles
13.1 Micron Technology Inc.
13.1.1 Financial
13.1.2 Products/ Services Offered
13.1.3 SWOT Analysis
13.1.4 The SNS view
13.2 SEMICOA
13.3 Xilinx Inc.
13.4 Infineon Technologies AG
13.5 KCB Solutions LLC
13.6 Microchip Technology Inc.
13.7 Semiconductor Components Industries, LLC
13.8 Semtech Corp.
13.9 Teledyne Technologies Inc.
13.10 Texas Instruments Inc.
14. Competitive Landscape
14.1 Competitive Benchmarking
14.2 Market Share Analysis
14.3 Recent Developments
15. Conclusion
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