Semiconductor in Military and Aerospace Market is Estimated to Reach USD 11.06 Billion by 2030: Cognitive Market Research

Semiconductor in Military and Aerospace Market Overview:
The semiconductor material properties of an insulator and conductor are made from elements including silicon, compounds, and germanium. This is used in various sectors including consumer automotive, electronic devices, government, communications, and industrial. In addition, semiconductors are used in the military and aerospace sectors in various systems and devices such as safety equipment, avionics systems, navigation systems & communication, flight & engine control systems, and missile systems.

Summary:
• As per the study of CMR, The Global Semiconductor in Military and Aerospace Market size was valued at USD 6.81 Billion in 2022 and is expected to grow at a CAGR Of 7.47 % during the forecast period, reaching USD 11.06 Billion by 2030.
• Based on components, the memory segment has the largest revenue share in the semiconductors in the military and aerospace markets.
• Based on technology, the through-hole technology segment has the largest market share in semiconductors in the military and aerospace markets.
• Based on end use, the military segment has the major revenue share in the global semiconductors in the military and aerospace markets.
• North America has the largest revenue share in global semiconductors in the military and aerospace market.

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Market Dynamics:
Semiconductor in Military and Aerospace Market Drivers:
The increasing use of semiconductors in the military and aerospace in the radiation-tolerant semiconductor components is the key factor expected to drive the growth of the semiconductors in the military and aerospace market. In addition, increasing aircraft upgradation, modernization programs, and military expenditure are expected to drive the growth of global semiconductors in the military and aerospace market.

Semiconductor in Military and Aerospace Market Opportunities:
Increasing government investment in defense modernization and space technology is projected to the growth opportunities for semiconductors in the military and aerospace market in the forecast period.

Semiconductor in Military and Aerospace Market Restraints:
The shortage of semiconductors and the latest technologies are expensive is anticipated to hamper the growth of global semiconductors in the military and aerospace market.

Market Segmentation:
Component:
• Opto Electronics
• Sensors
• Analog
• Logic
• Memory
• Micro
• Others
Based on components, the memory segment has the largest revenue share in the semiconductors in the military and aerospace markets. This is due to the increasing demand for memory chips in automation satellites, the artificial intelligence technologies projected to drive the growth of this segment.

Technology:
• Through-Hole Technology
• Surface Mount Technology
Based on technology, the through-hole technology segment has the largest market share in semiconductors in the military and aerospace markets. This is attributed to through-hole technology providing mechanical strong bonds as compared to surface-mount technology anticipated to drive the growth of this segment in the target market.

End Use:
• Aerospace
• Military
Based on end use, the military segment has the major revenue share in the global semiconductors in the military and aerospace markets. This is owing to military sector semiconductor components used in electronic countermeasures & surveillance, missile systems, communication equipment, unmanned aerial vehicles, and others expected to drive the growth of this segment.

Application:
• Radar, Imaging, and Earth Observation
• Munitions
• Global Positioning System, Surveillance, Communication, Navigation, Global Positioning System (GPS).
• Others
Based on application, the communication, navigation, global positioning system (GPS), and surveillance segment has the largest market share in global semiconductors in the military and aerospace markets. This is due to the increasing use of semiconductors in the military & aerospace industry used for surveillance & navigation, and communication. In addition, radio frequency systems are used for communication in radio and aircraft projected to drive the growth of this segment.

Competitive Analysis of Semiconductor in Military and Aerospace Market: Analog Devices Inc, Infineon Technologies AG, Microchip Technology Inc, Northrop Grumman Corporation, NXP Semiconductors NV, ON Semiconductor Corporation, Raytheon Technologies Corporation, Teledyne Technologies Inc, Texas Instruments Incorporated, Advanced Micro Devices Inc.(Xilinx Inc)

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Regional Analysis:
North America accounted for the largest share of global semiconductors in the military and aerospace market
North America has the largest revenue share in global semiconductors in the military and aerospace market. This is owing to the increasing demand for semiconductors in the military and aerospace in Mexico, the U.S., and Canada. In addition, increasing spending by government and military enhancement programs & modernization, and commercial organizations are anticipated to drive the growth of the target market in the region.

Semiconductor in Military and Aerospace Market Industry News:
Skyworks has launched high-reliability military and space application
In July 2019, Skyworks Solution Inc. has launched its new high-reliability solution to the demand for military and space solutions with difficult operating requirements. The company hermetically sealed amplifiers with matched broadband impedance and low noise function in severe environments and they are used in several communication platforms.

Browse Here For Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Semiconductor in Military and Aerospace Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Semiconductor in Military and Aerospace Market Segmentation
1.5.1 Semiconductor in Military and Aerospace Market Regional Fragmentation
1.5.1 Semiconductor in Military and Aerospace Market Players
• 1.6 Report Duration
• 1.7 List of Stakeholders
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Semiconductor in Military and Aerospace Market
• 3.1 Global Semiconductor in Military and Aerospace Market Size 2018 - 2030, (USD Million)
• 3.2 Global Semiconductor in Military and Aerospace Value, Absolute & Opportunity Analysis
• 3.3 Global Semiconductor in Military and Aerospace Market Y-o-Y Growth Rate Projection by Region (2023 - 2030)
• 3.4 Global Semiconductor in Military and Aerospace Market Statistics 2022: Snapshot
Chapter 4 Global Semiconductor in Military and Aerospace Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Environmental, Social, and Governance (ESG) Analysis
Chapter 7 Qualitative Analysis
Chapter 8 Company Profiling (Subject to Availability)
Chapter 9 Global Semiconductor in Military and Aerospace Market by Component Segmentation Analysis (2018-2030)
Chapter 10 Global Semiconductor in Military and Aerospace Market by Application Segmentation Analysis (2018-2030)
Chapter 11 Global Semiconductor in Military and Aerospace Market by Technology Segmentation Analysis (2018-2030)
Chapter 12 Global Semiconductor in Military and Aerospace Market by End Use Segmentation Analysis (2018-2030)
Chapter 13 Global Semiconductor in Military and Aerospace Market Regional Analysis
Chapter 14 North America Semiconductor in Military and Aerospace Market Outlook (2018 - 2030)
Chapter 15 Europe Semiconductor in Military and Aerospace Market Outlook (2018 - 2030)
Chapter 16 Asia Pacific Semiconductor in Military and Aerospace Market Outlook (2018 - 2030)
Chapter 17 Latin America Semiconductor in Military and Aerospace Market Outlook (2018 - 2030)
Chapter 18 Middle East and Africa Semiconductor in Military and Aerospace Market Outlook (2018 - 2030)
Chapter 19 Research Findings
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