Semiconductors in Military and Aerospace Applications Market Size, Trends & Forecasts | Valuates Reports

Semiconductors in Military and Aerospace Applications Market

The global Semiconductors in Military and Aerospace Applications market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.

Get Free Sample: https://reports.valuates.com/request/sample/QYRE-Auto-2G8493/Global_Semiconductors_in_Military_and_Aerospace_Applications_Market_Insights_Forecast_to_2028?utm_source=openpr&utm_medium=referral

Following a strong growth of 26.2 percent in the year 2021, WSTS revised it down to a single digit growth for the worldwide semiconductor market in 2022 with a total size of US$580 billion, up 4.4 percent. WSTS lowered growth estimation as inflation rises and end markets seeing weaker demand, especially those exposed to consumer spending. While some major categories are still double-digit year-over-year growth in 2022, led by Analog with 20.8 percent, Sensors with 16.3 percent, and Logic with 14.5 percent growth. Memory declined with 12.6 percent year over year. In 2022, all geographical regions showed double-digit growth except Asia Pacific. The largest region, Asia Pacific, declined 2.0 percent. Sales in the Americas were US$142.1 billion, up 17.0% year-on-year, sales in Europe were US$53.8 billion, up 12.6% year-on-year, and sales in Japan were US$48.1 billion, up 10.0% year-on-year. However, sales in the largest Asia-Pacific region were US$336.2 billion, down 2.0% year-on-year.

This report aims to provide a comprehensive presentation of the global market for Semiconductors in Military and Aerospace Applications, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Semiconductors in Military and Aerospace Applications.

By Type
• Integrated Circuit
• Photoelectric
• Sensor
• Discrete Components

By Application
• Aerospace
• National Defense

Key Companies
ON Semiconductor, Digitron Semiconductors, Skyworks Solutions, Semtech, Renesas Electronics, Teledyne Defense Electronics, Aerospace Semiconductor, STMicroelectronics, KCB Solutions, GlobalFoundries, Texas Instruments, Analog Devices, NXP Semiconductors, Maxim, AMS Technologies, Vishay Intertechnology

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-2G8493/global-semiconductors-in-military-and-aerospace-applications?utm_source=openpr&utm_medium=referral

Email Id:
Please reach us at sales@valuates.com

Address:
Valuates,
4th Floor,
Balaraj's Arcade,
Whitefield Main road,
Bangalore 560066

Valuates offers an extensive collection of market research reports that helps companies to take intelligent strategical decisions based on current and forecasted Market trends.

This release was published on openPR.