Market Overview

Global Semiconductor Market in the Military and Aerospace Industry 2018-2022 | Increasing Upgrading and Modernization of Aircraft Drives Growth | Technavio

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The global semiconductor market in the military and aerospace industry
is expected to post a CAGR of close to 5% during the period
2018-2022, according to the latest market research report by Technavio.

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Technavio has published a new market research report on the global semiconductor market in the milit ...

Technavio has published a new market research report on the global semiconductor market in the military and aerospace industry from 2018-2022. (Graphic: Business Wire)

A key factor driving the growth of the market is the increasing
upgrading and modernization of aircraft. Aircraft across the globe are
undergoing modernization with the incorporation of advanced electronics
and systems in the machines to better equip pilots for safe flying.
Modern electronics are more accurate and weigh less.

This market research report on the global
semiconductor market in the military and aerospace industry 2018-2022

also provides an analysis of the most important trends expected to
impact the market outlook during the forecast period. Technavio
classifies an emerging trend as a major factor that has the potential to
significantly impact the market and contribute to its growth or decline.

This report is available at a USD 1,000 discount for a limited time
only:
View
market snapshot before purchasing

In this report, Technavio highlights the growing use of UAVs as one of
the key emerging trends in the global semiconductor market in the
military and aerospace industry:

Global semiconductor market in the military and
aerospace industry: Growing use of UAVs

A UAV, also known as a drone, is an aircraft that is not operated
manually by a pilot. Drone pilots can remotely control these UAVs. The
applications of drones are growing beyond military use to other sectors
such as logistics. Besides, these UAVs are being used to deliver aid
packages to disaster-affected areas.

"Many countries are using drones for military purposes. The
increasing use of UAVs in many sectors such as military and logistics is
expected to drive the demand for semiconductors. This would drive the
growth of the market in focus during the forecast period,"
says a
senior analyst at Technavio for research on semiconductor equipment.

Global semiconductor market in the military and
aerospace industry: Segmentation analysis

This market research report segments the global semiconductor market in
military and aerospace industry by product (memory, logic, MOS
microcomponents, and analog) and geography (APAC, EMEA, and the
Americas).

The memory segment held the largest market share in 2017, accounting for
over 31% of the market. This product segment is expected to dominate the
global market throughout the forecast period.

APAC led the market in 2017 with approximately 63 % of the market share,
followed by the Americas and EMEA respectively. APAC is expected to
project the highest growth during the forecast period.

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market sizing
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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