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