Global Semiconductor In Military and Aerospace Market to Grow by Over $ 630 Million Between 2020-2024 | 78% Growth to Come from APAC | Technavio

LONDON–(BUSINESS WIRE)–The semiconductor in military and aerospace market is expected to grow by USD 631.97 million, progressing at a CAGR of over 2% during the forecast period.

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The increasing upgradation and modernization of aircraft is one of the major factors propelling market growth. However, factors such as the high costs associated with manufacturing will hamper growth.

More details: https://www.technavio.com/report/semiconductor-in-military-and-aerospace-market-industry-analysis

Semiconductor in Military and Aerospace Market: Product Landscape

Based on the product, the market saw maximum growth in the memory segment in 2019. The growth of the segment can be attributed to the increased use of processors in various electronic devices. In addition, the introduction of fingerprint locking technology in military weapons has further fueled the growth of the segment. The market growth in this segment will be significant over the forecast period.

Semiconductor in Military and Aerospace Market: Geographic Landscape

By geography, APAC is going to witness lucrative growth during the forecast period. About 78% of the market’s overall growth is expected to originate from APAC. The growth of the market in APAC is driven by the increasing investments in the construction of new semiconductor fabs. China and Japan are the key markets for semiconductor in the military and aerospace industry in APAC. Market growth in this region will be faster than the growth of the market in other regions.

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Companies Covered:

  • Infineon Technologies AG
  • KCB Solutions LLC
  • Microchip Technology Inc.
  • Micron Technology Inc.
  • ON Semiconductor Corp.
  • SEMICOA
  • Semtech Corp.
  • Teledyne Technologies Inc.
  • Texas Instruments Inc.
  • Xilinx Inc.

What our reports offer:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers market data for 2019, 2020, until 2024
  • Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Key Topics Covered:

Executive Summary

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 – 2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product
  • Memory – Market size and forecast 2019-2024
  • Logic – Market size and forecast 2019-2024
  • MOS microcomponents – Market size and forecast 2019-2024
  • Analog – Market size and forecast 2019-2024
  • Others – Market size and forecast 2019-2024
  • Market opportunity by Product

Customer landscape

  • Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC – Market size and forecast 2019-2024
  • North America – Market size and forecast 2019-2024
  • Europe – Market size and forecast 2019-2024
  • MEA – Market size and forecast 2019-2024
  • South America – Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Market drivers – Demand led growth
  • Market challenges
  • Market trends

Vendor Landscape

  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Infineon Technologies AG
  • KCB Solutions LLC
  • Microchip Technology Inc.
  • Micron Technology Inc.
  • ON Semiconductor Corp.
  • SEMICOA
  • Semtech Corp.
  • Teledyne Technologies Inc.
  • Texas Instruments Inc.
  • Xilinx Inc.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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