Global Semiconductor in Aerospace and Military Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Semiconductor in Aerospace and Military Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

The semiconductor industry is the aggregate of companies engaged in the design and fabrication of semiconductors and semiconductor devices, such as transistors and integrated circuits. Several modern military and aerospace equipment such as data processing units, data display systems, computers, and aircraft guidance-control assemblies are loaded with semiconductor devices.

The report covers IGBT, High Voltage IGBT, Diode, MOSFET, Silicon Carbide MOSFET and other products of Power Discrete Devices and Packaged Power Module.

Market Overview:

The latest research study on the global Semiconductor in Aerospace and Military market finds that the global Semiconductor in Aerospace and Military market reached a value of USD 852.15 million in 2022. It’s expected that the market will achieve USD 1326.08 million by 2028, exhibiting a CAGR of 7.65% during the forecast period.

Silicon Carbide (SiC) Semiconductors are constantly developing

While SiC has properties that make it uniquely adept at handling high-frequency, high-power, and high-temperature loads, its adoption was slow, largely because of issues in production. As a wide-bandgap semiconductor material, it has a wider energy differently than other semiconductor materials (such as traditional silicon), which gives it higher thermal and electronic properties. This makes the material a star in high-power, high-temperature, and high-frequency applications. In fact, when compared with silicon semiconductors, SiC offers 10 higher dielectric breakdown strengths, 3 higher energy bandgaps, and 3 higher thermal conductivity.

Today, manufacturers such as Infineon, onsemi, and more have improved manufacturing processes, increasing both the yield and reliability of synthetically made SiC. At the same time, applications, where performance demands call for a material such as SiC, are increasing rapidly. SiC-based devices are growing in popularity.

Interruption of industrial chain

The semiconductor industry chain mainly includes fabs, packaging and testing factories, equipment factories, etc., and each situation is different. Compared with fabs, packaging and testing factories are labor-intensive industry, which is greatly affected by the epidemic situation.

As Russia and Ukraine play an important role in global metal production, they are involved in the export and manufacture of basic raw materials in the world to a large extent, such as nickel, titanium, palladium and other important manufacturing metals, as well as semiconductor manufacturing gases. The Russian-Ukrainian war continues, which has a certain impact on the global semiconductor supply chain.

Due to the long-term shortage of production parts of semiconductor equipment, the surge in demand for high-end chips, coupled with COVID-19, geopolitical tensions, and other supply chain disruptions (weather, accidents), all lead to shortages in industries where suppliers/supplier ecosystems are highly interdependent, and the delivery time is dramatically prolonged.

Region Overview:

In global comparison, a significant portion of the revenue was generated in North America (44.72% in 2021).

Company Overview:

Infineon Technologies, ON Semiconductor, Vishay Intertechnology Inc. were the top 3 players in the Semiconductor in Aerospace and Military market in 2022, taking up a market share of 57.20% together.

Infineon Technologies AG (Infineon) is a provider of semiconductor solutions. The company, through its subsidiaries, designs, develops, manufactures, and markets application-specific ICs, automotive system ICs, diodes, evaluation boards, electrostatic discharge protection and electromagnetic interference protection products. It offers microcontrollers, radio frequency and wireless controls, security ICs, smart card ICs, sensors, interfaces, and transistor products. The companys products are used in automotive, industrial power control, power management, consumer electronics, computing and data storage, switches and routers, sensing solutions and security in IoT applications.

ON Semiconductor Corp (Onsemi) is a designer, manufacturer, and supplier of semiconductor products and solutions. The company offers products under Power Solutions Group (PSG), the Advanced Solutions Group (ASG) and the Intelligent Sensing Group (ISG). It serves automotive, medical, aerospace and defense, industrial, 5G & cloud power, Internet of things (IoT), communications, wireless, networking, consumer, personal electronics, medical, and computing. The company sells its products to distributors, and direct to customers. Onsemi operates global distribution centers in China, the Philippines and Singapore. It has operations across North America, Europe, and Asia-Pacific.

Segmentation Overview:

Among different product types, Packaged Power Module segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the Ruggedized Communications segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Semiconductor in Aerospace and Military market covered in Chapter 3:

Vishay Intertechnology Inc.
Microchip Technology
Infineon Technologies
ON Semiconductor
Texas Instruments

In Chapter 4 and Chapter 14.2, on the basis of types, the Semiconductor in Aerospace and Military market from 2018 to 2029 is primarily split into:

Power Discrete Devices
Packaged Power Module

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Semiconductor in Aerospace and Military market from 2018 to 2029 covers:

Imaging and Radar
Ruggedized Communications
Space
Smart Munitions
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)