40% of military and aerospace semiconductor market growth will come from North America, Technavio

new york, December 15, 2024 /PRNewswire/ — The size of the global semiconductor market in the military and aerospace industry is 3.02 billion dollars According to Technavio, from 2024 to 2028. The market is estimated to grow at a CAGR of 5.56% during the forecast period.

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Regional outlook

North America
Europe
Asia
Rest of the world

1. North America – North America It is estimated that 40% contributes. For global market growth. The Military and Aerospace Semiconductor Market report projects the market growth by revenue at global, regional and country levels from 2017 to 2027.

US is a major player in the global semiconductor market and the North American military and aerospace industry. Depending on their financial standing, US semiconductor companies are at the forefront of identifying, manufacturing, and commercializing advanced technologies such as 16 nm/14 nm fin field effect transistors and FD-SOI. These innovations will create significant demand for semiconductor components from industries such as military and aerospace. In particular, Taiwan Semiconductor Manufacturing Company recently won investment approval. 4 billion dollars in North Americafurther solidifying the region’s position in the semiconductor industry.

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Segmentation overview

Products 1.1 Memory 1.2 Logic 1.3 MOS Microcomponents 1.4 Analog 1.5 Other Applications 2.1 Defense 2.2 Aerospace Geography 3.1 North America
3.2 Asia Pacific 3.3 Europe
3.4 middle east and Africa
3.5 south america

1.1 Fastest growing segment:

Due to the increasing use of processors in various devices, semiconductor memory plays an important role in the military and aerospace industry. Random access memory (RAM) and read-only memory (ROM) are the main types of semiconductor memory. RAM is volatile memory that temporarily stores program code and data, and ROM is nonvolatile memory that stores data permanently. The introduction of advanced technologies such as programmable read-only memory (PROM) and dynamic random access memory (DRAM) has expanded memory options. The military and aerospace industries are witnessing significant technological advances, with global semiconductor manufacturers launching new processors for high-reliability applications. For example, the collaboration between Teledyne e2v HiRel Electronics and Integra Technologies Inc. will further increase demand for memory semiconductors by introducing 100V GaN/SiC RF power technology for aerospace and defense applications. Additionally, the integration of technology in military weapons, such as Intelligun’s fingerprint locking system, and the growing use of the Internet of Things (IoT) in the aviation and military sectors will drive demand for memory chips in the industry.

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research analysis

The military and aerospace semiconductor market is driven by the demand for advanced electronic systems in defense modernization and space exploration. Microchips and integrated circuits (ICs) made from pure elements such as silicon, germanium, and compounds such as gallium arsenide are essential to the creation of N-type and P-type semiconductors. The government sector is an important consumer, with military spending driving demand for semiconductors in a variety of applications. Telecommunications sector, electronic equipment sector, and consumer automobile sector are also contributing to the market growth. The military and aerospace industries require semiconductors that can withstand extreme conditions such as those found in space. CAES (Computer Aided Engineering System) is used to design space-tolerant microprocessors that can withstand the effects of radiation and particle radiation in the space environment. Military applications include border security, terror detection, and UAV solutions, while the defense budget funds research and development of advanced technologies such as Scalp missiles and the F4 standard engine for the Rafale fleet. The semiconductor industry continues to innovate to meet the unique demands of the military and aerospace sectors.

Market overview

The semiconductor market plays an important role in the military and aerospace industries, supplying microchips and integrated circuits (ICs) made from various elements such as silicon, germanium, compounds, and gallium arsenide. N-type and P-type semiconductors are essential for creating electronic systems for defense applications. Government sector, defense modernization, and military spending are driving the industry’s demand for semiconductors. Military and aerospace applications require semiconductors that can withstand harsh environments, such as microprocessors that can withstand the space environment for satellite launches and space activities. Radiation effects such as particle radiation, electromagnetic radiation, electronic noise, and signal spikes are significant challenges for semiconductors in these applications. The military and aerospace semiconductor market covers a variety of sectors, including communications, electronics, border security, anti-terrorism, and UAV solutions. Semiconductors are used in defense systems, military aircraft such as the Rafale fleet, and commercial aircraft such as the Boeing 757 and 767. They are also essential for exhibition screens, logistics, aid packages and museums. The semiconductor market for military and aerospace applications faces challenges such as long lead times and high procurement costs. However, increasing global information security needs, including protection from hacking incidents and connected devices, continue to drive demand for advanced semiconductor solutions.

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Main topics covered:

1 Overview
2 Market scenery
3 Determining market size
4 Past market size
5 Five Forces Analysis
6 Market segmentation
7 Customer situation
8 Geographic Landscape
9 drivers, challenges and trends
10 Scenery of Venodor
11 Vendor analysis
12 Appendix

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Source Technavio