Aerospace Semiconductor Market
Aerospace Semiconductor Market Forecasts to 2030 - Global Analysis By Semiconductor Type (Analog Semiconductors, Digital Semiconductors, Mixed-Signal Semiconductors, Power Semiconductors, Microcontrollers, Memory Chips and Other Semiconductor Types), Component, Material, Form Factor, Application, End User and By Geography
According to Stratistics MRC, the Global Aerospace Semiconductor Market is accounted for $8.24 billion in 2024 and is expected to reach $12.52 billion by 2030 growing at a CAGR of 9.6% during the forecast period. Aerospace semiconductors are specialized semiconductor components designed to perform reliably in the extreme conditions of aerospace environments, including high temperatures, intense radiation, and strong vibrations. Aerospace semiconductors undergo rigorous testing for durability and precision, often using materials and designs that enhance their performance and longevity. They are essential for advancements in aerospace technology, contributing to safer, more efficient, and more resilient flight and space exploration systems.
According to Stockholm International Peace Research Institute (SIPRI), military spending by the U.S amounted to a total of $801 billion in 2021 and the U.S. military burden decreased from 3.7% of GDP in 2020 to 3.5% in 2021.
Market Dynamics:
Driver:
Growing demand for advanced avionics
As airlines and military operators adopt cutting-edge technologies like fly-by-wire systems, automated controls, and advanced navigation, the requirement for sophisticated semiconductors increases. These components enable enhanced data processing, real-time communication, and improved sensor integration in avionics systems. Additionally, regulatory pressures for safety and fuel efficiency are pushing manufacturers to innovate, further stimulating investment in semiconductor technology and expanding the overall market as new aircraft and upgrades require advanced semiconductor solutions.
Restraint:
Long development and approval cycles
Long development and approval cycles in aerospace semiconductors stem from stringent regulatory requirements, rigorous testing protocols, and the need for high reliability in critical systems. Each component must undergo extensive validation to ensure it can withstand extreme environmental conditions and perform reliably over long periods. Additionally, the high costs associated with these extended cycles can deter investment in new technologies, ultimately hampering the overall growth of the aerospace semiconductor market.
Opportunity:
Rising investments in space exploration
Increased funding from government agencies and private companies leads to the development of more sophisticated satellites equipped with cutting-edge communication, navigation, and imaging capabilities, all reliant on high-performance semiconductors. These investments facilitate research and development of radiation-hardened, miniaturized semiconductor components that can withstand the harsh conditions of space. Furthermore, the growing focus on missions to Mars, lunar exploration, and satellite constellations underscores the need for robust aerospace semiconductors, fostering innovation and market expansion.
Threat:
Technical challenges in harsh environments
Technical challenges in harsh environments, such as extreme temperatures, radiation, and vibration, significantly impact aerospace semiconductors. These conditions can lead to performance degradation, failure, or malfunction of semiconductor components, requiring extensive testing and validation to ensure reliability. Additionally, stringent regulatory standards for aerospace applications further complicate the design and approval processes. The need for specialized materials and designs increases development costs and time, hindering market growth.
Covid-19 Impact
The covid-19 pandemic significantly impacted the aerospace semiconductor market due to halted air travel, disrupted supply chains, and decreased demand for new aircraft. Aerospace manufacturing faced production delays and lower investments as commercial aviation slowed, delaying semiconductor demand. However, the sector saw growth in defense and satellite communication, sustaining some demand for aerospace semiconductors. Recovery efforts and renewed focus on digitalization, autonomous systems, and satellite technologies are driving a gradual rebound in the market post-pandemic.
The microprocessors segment is expected to be the largest during the forecast period
The microprocessors segment is predicted to secure the largest market share throughout the forecast period. Microprocessors are essential components in aerospace semiconductors, providing the computing power needed for avionics, navigation, and control systems. Designed to operate reliably in extreme conditions, these processors manage real-time data processing and support advanced functionalities, such as AI-driven diagnostics and automated controls. Their role is pivotal in enabling high-speed processing and efficient, precise operations in both civilian and military aerospace systems.
The satellite systems segment is expected to have the highest CAGR during the forecast period
The satellite systems segment is anticipated to witness the highest CAGR during the forecast period. Aerospace semiconductors are crucial in satellite systems, powering functions like communication, navigation, and data processing. These components are specifically engineered to withstand the intense radiation and temperature extremes of space, ensuring reliable long-term operation. High-performance, radiation-hardened semiconductors enhance the durability and precision of satellite systems, which in turn accelerates the segment growth.
Region with largest share:
Asia Pacific is expected to register the largest market share during the forecast period driven by increasing defense budgets, rising demand for commercial aircraft, and expanding space exploration initiatives. Countries like China, India, and Japan are heavily investing in aviation and satellite technology, boosting demand for high-reliability semiconductors. Government support for domestic aerospace advancements, coupled with partnerships with global semiconductor firms, is positioning the Asia Pacific as a significant player in the aerospace semiconductor industry.
Region with highest CAGR:
North America is projected to witness the highest CAGR over the forecast period due to its advanced aerospace and defense industries, high investment in R&D, and technological innovations. The U.S. leads with substantial demand from both commercial and military aviation, alongside growing needs in space exploration and satellite communications. Government initiatives, including defense spending and support for space exploration, further bolster growth.
Key players in the market
Some of the key players profiled in the Aerospace Semiconductor Market include Intel Corporation, Texas Instruments, Analog Devices, NXP Semiconductors, STMicroelectronics, Microchip Technology Inc., Maxim Integrated, Broadcom Inc., Infineon Technologies, Qualcomm, Hitachi Energy, Cypress Semiconductor, Renesas Electronics, ON Semiconductor, SiTime Corporation, Achronix Semiconductor, Semtech Corporation, Wolfson Microelectronics, Sivers Semiconductors AB and Skyworks Solutions.
Key Developments:
In March 2024, Hitachi Energy made a significant advancement in power semiconductor technology by introducing a new 300 mm semiconductor wafer. This development is poised to enhance production capacity for high-power applications, particularly benefiting aerospace systems and other industries that rely on robust power management solutions.
In February 2024, Intel Corp. launched its Intel Foundry, a sustainable systems foundry aimed at supporting the AI era. This initiative seeks to address the increasing demand for AI-optimized semiconductors, which require cutting-edge, high-efficiency manufacturing processes that meet rigorous performance, energy, and environmental standards.
Semiconductor Types Covered:
• Analog Semiconductors
• Digital Semiconductors
• Mixed-Signal Semiconductors
• Power Semiconductors
• Microcontrollers
• Memory Chips
• Other Semiconductor Types
Components Covered:
• Integrated Circuits (ICs)
• Discrete Semiconductors
• Sensors
• Microprocessors
• Field-Programmable Gate Arrays (FPGA)
• Other Components
Materials Covered:
• Silicon-Based Semiconductors
• Gallium Nitride (GaN) Semiconductors
• Silicon Carbide (SiC) Semiconductors
• Advanced Materials Semiconductors
• Other Materials
Form Factors Covered:
• Surface Mount Devices (SMD)
• Through-Hole Devices
• Chip-on-Board (CoB)
• Wafer-Level Packaging (WLP)
• Other Form Factors
Applications Covered:
• Space Exploration
• Unmanned Aerial Vehicles (UAVs)
• Ground Support Equipment
• Satellite Systems
• Other Applications
End Users Covered:
• Space Agencies
• Aerospace Component Manufacturers
• Airlines & Operators
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
- Market Trends (Drivers, Constraints, 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
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Aerospace Semiconductor Market, By Semiconductor Type
5.1 Introduction
5.2 Analog Semiconductors
5.3 Digital Semiconductors
5.4 Mixed-Signal Semiconductors
5.5 Power Semiconductors
5.6 Microcontrollers
5.7 Memory Chips
5.8 Other Semiconductor Types
6 Global Aerospace Semiconductor Market, By Component
6.1 Introduction
6.2 Integrated Circuits (ICs)
6.3 Discrete Semiconductors
6.4 Sensors
6.5 Microprocessors
6.6 Field-Programmable Gate Arrays (FPGA)
6.7 Other Components
7 Global Aerospace Semiconductor Market, By Material
7.1 Introduction
7.2 Silicon-Based Semiconductors
7.3 Gallium Nitride (GaN) Semiconductors
7.4 Silicon Carbide (SiC) Semiconductors
7.5 Advanced Materials Semiconductors
7.6 Other Materials
8 Global Aerospace Semiconductor Market, By Form Factor
8.1 Introduction
8.2 Surface Mount Devices (SMD)
8.3 Through-Hole Devices
8.4 Chip-on-Board (CoB)
8.5 Wafer-Level Packaging (WLP)
8.6 Other Form Factors
9 Global Aerospace Semiconductor Market, By Application
9.1 Introduction
9.2 Space Exploration
9.3 Unmanned Aerial Vehicles (UAVs)
9.4 Ground Support Equipment
9.5 Satellite Systems
9.6 Other Applications
10 Global Aerospace Semiconductor Market, By End User
10.1 Introduction
10.2 Space Agencies
10.3 Aerospace Component Manufacturers
10.4 Airlines & Operators
10.5 Other End Users
11 Global Aerospace Semiconductor Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Australia
11.4.5 New Zealand
11.4.6 South Korea
11.4.7 Rest of Asia Pacific
11.5 South America
11.5.1 Argentina
11.5.2 Brazil
11.5.3 Chile
11.5.4 Rest of South America
11.6 Middle East & Africa
11.6.1 Saudi Arabia
11.6.2 UAE
11.6.3 Qatar
11.6.4 South Africa
11.6.5 Rest of Middle East & Africa
12 Key Developments
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies
13 Company Profiling
13.1 Intel Corporation
13.2 Texas Instruments
13.3 Analog Devices
13.4 NXP Semiconductors
13.5 STMicroelectronics
13.6 Microchip Technology Inc.
13.7 Maxim Integrated
13.8 Broadcom Inc.
13.9 Infineon Technologies
13.10 Qualcomm
13.11 Hitachi Energy
13.12 Cypress Semiconductor
13.13 Renesas Electronics
13.14 ON Semiconductor
13.15 SiTime Corporation
13.16 Achronix Semiconductor
13.17 Semtech Corporation
13.18 Wolfson Microelectronics
13.19 Sivers Semiconductors AB
13.20 Skyworks Solutions
List of Tables
1 Global Aerospace Semiconductor Market Outlook, By Region (2022-2030) ($MN)
2 Global Aerospace Semiconductor Market Outlook, By Semiconductor Type (2022-2030) ($MN)
3 Global Aerospace Semiconductor Market Outlook, By Analog Semiconductors (2022-2030) ($MN)
4 Global Aerospace Semiconductor Market Outlook, By Digital Semiconductors (2022-2030) ($MN)
5 Global Aerospace Semiconductor Market Outlook, By Mixed-Signal Semiconductors (2022-2030) ($MN)
6 Global Aerospace Semiconductor Market Outlook, By Power Semiconductors (2022-2030) ($MN)
7 Global Aerospace Semiconductor Market Outlook, By Microcontrollers (2022-2030) ($MN)
8 Global Aerospace Semiconductor Market Outlook, By Memory Chips (2022-2030) ($MN)
9 Global Aerospace Semiconductor Market Outlook, By Other Semiconductor Types (2022-2030) ($MN)
10 Global Aerospace Semiconductor Market Outlook, By Component (2022-2030) ($MN)
11 Global Aerospace Semiconductor Market Outlook, By Integrated Circuits (ICs) (2022-2030) ($MN)
12 Global Aerospace Semiconductor Market Outlook, By Discrete Semiconductors (2022-2030) ($MN)
13 Global Aerospace Semiconductor Market Outlook, By Sensors (2022-2030) ($MN)
14 Global Aerospace Semiconductor Market Outlook, By Microprocessors (2022-2030) ($MN)
15 Global Aerospace Semiconductor Market Outlook, By Field-Programmable Gate Arrays (FPGA) (2022-2030) ($MN)
16 Global Aerospace Semiconductor Market Outlook, By Other Components (2022-2030) ($MN)
17 Global Aerospace Semiconductor Market Outlook, By Material (2022-2030) ($MN)
18 Global Aerospace Semiconductor Market Outlook, By Silicon-Based Semiconductors (2022-2030) ($MN)
19 Global Aerospace Semiconductor Market Outlook, By Gallium Nitride (GaN) Semiconductors (2022-2030) ($MN)
20 Global Aerospace Semiconductor Market Outlook, By Silicon Carbide (SiC) Semiconductors (2022-2030) ($MN)
21 Global Aerospace Semiconductor Market Outlook, By Advanced Materials Semiconductors (2022-2030) ($MN)
22 Global Aerospace Semiconductor Market Outlook, By Other Materials (2022-2030) ($MN)
23 Global Aerospace Semiconductor Market Outlook, By Form Factor (2022-2030) ($MN)
24 Global Aerospace Semiconductor Market Outlook, By Surface Mount Devices (SMD) (2022-2030) ($MN)
25 Global Aerospace Semiconductor Market Outlook, By Through-Hole Devices (2022-2030) ($MN)
26 Global Aerospace Semiconductor Market Outlook, By Chip-on-Board (CoB) (2022-2030) ($MN)
27 Global Aerospace Semiconductor Market Outlook, By Wafer-Level Packaging (WLP) (2022-2030) ($MN)
28 Global Aerospace Semiconductor Market Outlook, By Other Form Factors (2022-2030) ($MN)
29 Global Aerospace Semiconductor Market Outlook, By Application (2022-2030) ($MN)
30 Global Aerospace Semiconductor Market Outlook, By Space Exploration (2022-2030) ($MN)
31 Global Aerospace Semiconductor Market Outlook, By Unmanned Aerial Vehicles (UAVs) (2022-2030) ($MN)
32 Global Aerospace Semiconductor Market Outlook, By Ground Support Equipment (2022-2030) ($MN)
33 Global Aerospace Semiconductor Market Outlook, By Satellite Systems (2022-2030) ($MN)
34 Global Aerospace Semiconductor Market Outlook, By Other Applications (2022-2030) ($MN)
35 Global Aerospace Semiconductor Market Outlook, By End User (2022-2030) ($MN)
36 Global Aerospace Semiconductor Market Outlook, By Space Agencies (2022-2030) ($MN)
37 Global Aerospace Semiconductor Market Outlook, By Aerospace Component Manufacturers (2022-2030) ($MN)
38 Global Aerospace Semiconductor Market Outlook, By Airlines & Operators (2022-2030) ($MN)
39 Global Aerospace Semiconductor Market Outlook, By Other End Users (2022-2030) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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