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Semiconductor in Aerospace and Military Market Revenue, Insights, Overview, Outlook, Analysis | Valuates Reports
Semiconductor in Aerospace and Military Market - 2024 to 2031• 2024 Market Value: USD 5.30 Billion
• 2031 Forecast: USD 7.72 Billion
• CAGR (2025-2031): 5.6%
• Key Players: ON Semiconductor, Intel, Microchip, Broadcom, Raytheon, etc.
• Applications: Imaging & Radar, Ruggedized Communications, Space, Smart Munitions
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Frequently Asked Questions (Q&A)
What is the market size of the Semiconductor in Aerospace and Military industry?
• In 2024, the global market was valued at USD 5.30 billion.
• It is expected to grow to USD 7.72 billion by 2031, at a CAGR of 5.6% (2025-2031).
Why is this market growing?
• Rising demand for advanced electronics in aerospace & military applications.
• Use in systems like radar, smart munitions, and space-grade communication systems.
• Increased defense budgets and global space missions.
Key Companies
• ON Semiconductor
• Microchip (Microsemi)
• Intel
• Infineon Technologies
• Broadcom
• NXP
• Texas Instruments
• Northrop Grumman
• Raytheon
• BAE Systems
• Xilinx
By Type
• Memory
• MOS Microcomponents
• Analog
By Application
• Imaging and Radar
• Ruggedized Communications
• Space
• Smart Munitions
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