Semiconductor Market in Military and Aerospace Industry 2018-2022


Reading time ( words)

The Global semiconductor market in military and aerospace industry to grow at a CAGR of 7.53% during the period 2018-2022.

Global Semiconductor Market in Military and Aerospace Industry 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. To calculate the market size, the report considers the revenue generated from the sales of products such as memory, logic, MOS microcomponents, analog, and others.

According to the report, the increasing upgrading and modernization of aircraft will drive the market growth. Globally, aircrafts are being modernized with the incorporation of advanced electronics and systems in the machines to equip pilots for safe flying. Modern electronics are more accurate and weigh less, that aids in reducing the fuel usage and emissions.

The growing use of UAVs will be a key trend driving the market growth. An UAV or drone, are aircrafts that are remotely controlled by drone pilots. In addition to military sector, these drones are finding their applications in sectors such as logistics. These UAVs are used to deliver aid packages to disaster-affected areas.

Further, the report states that the high cost associated with manufacturing will impact the market growth. In addition to the automotive sector, the semiconductor industry is capital-intensive owing to the requirement of significant investment in manufacturing of semiconductors. Factors such as facilities and equipment, manufacturing equipment, use, and raw materials, increase the cost of manufacturing.

Share

Print


Suggested Items

Beyond Scaling: An Electronics Resurgence Initiative

06/05/2017 | DARPA
The Department of Defense’s proposed FY 2018 budget includes a $75 million allocation for DARPA in support of a new, public-private “electronics resurgence” initiative. The initiative seeks to undergird a new era of electronics in which advances in performance will be catalyzed not just by continued component miniaturization but also by radically new microsystem materials, designs, and architectures.

Today’s MilAero Options, Part 1: 'Pride Goeth Before...'

04/12/2016 | Marc Carter
Historians, with their 20/20 hindsight, often write about the inevitable decline and fall of kingdoms, empires, religions, organizations, governments, and all the other permanent structures we humans build.

Stretchable Inks: Changing the Wearables Market and the Landscape of Manufacturing

05/13/2015 | Barry Matties, I-Connect007
I-Connect007 Publisher Barry Matties and DuPont’s Steven Willoughby and Michael Burrows spoke recently and discussed new material for wearable electronics: stretchable inks. Wearable electronics is a fast growing sector of the electronics industry that is inspiring new and exciting products, as well as changing the requirements for becoming an electronics manufacturer.



Copyright © 2019 I-Connect007. All rights reserved.