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

August 6, 2018

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)

LONDON--(BUSINESS WIRE)--Aug 6, 2018--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 .

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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 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:

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.

Looking for more information on this market?

Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

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

About 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 10,000 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.

If you are interested in more information, please contact our media team at .

View source version on businesswire.com:https://www.businesswire.com/news/home/20180806005262/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

www.technavio.com

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY SEMICONDUCTOR MANUFACTURING AEROSPACE DEFENSE OTHER DEFENSE

SOURCE: Technavio Research

Copyright Business Wire 2018.

PUB: 08/06/2018 03:43 AM/DISC: 08/06/2018 03:43 AM

http://www.businesswire.com/news/home/20180806005262/en

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