Who are the major players in the aerospace semiconductor industry?

Major players in the industry include Texas Instruments, Analog Devices, Microchip Technology, STMicroelectronics, Infineon Technologies, ON Semiconductor, and Teledyne e2v.

What is the market share of North America in the aerospace semiconductor industry?

North America accounted for a 43% share of the global market in 2023, driven by the U.S.'s dominant aerospace industry and significant investments in military and commercial aircraft, as well as space exploration.

How big is the aerospace semiconductor market?

The global market size for aerospace semiconductor was valued at approximately USD 8.4 billion in 2024 and is expected to reach around USD 18.7 billion by 2032, driven by a CAGR of 8.4% from 2025 to 2034.

What is the growth rate of the through-hole technology (THT) segment in the aerospace semiconductor market?

The through-hole technology (THT) segment is anticipated to grow at a CAGR of over 12.5% between 2025 and 2034, driven by its reliability and durability in demanding aerospace environments.

Aerospace Semiconductor Market Size

Report ID: GMI7598

Published Date: November 2024

Report Format: PDF

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Aerospace Semiconductor Market Size

The global aerospace semiconductor market was valued at USD 8.4 billion in 2024 and is anticipated to grow at a CAGR of 8.4% between 2025 and 2034.

Increased power efficiency is a critical growth driver in the aerospace semiconductor industry, as it enables longer operational life and reduces the overall weight and fuel consumption of aerospace systems. Power-efficient semiconductors minimize energy waste, which is essential for satellite, drone, and aircraft applications where battery life and energy resources are limited. As aerospace systems demand higher performance without increased power use, advancements in low-power semiconductors are helping manufacturers meet stringent regulatory standards and improve sustainability, driving demand in this sector.

For instance, in 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.

Authors: Suraj Gujar, Saptadeep Das

Frequently Asked Question(FAQ) :

Who are the major players in the aerospace semiconductor industry?: Major players in the industry include Texas Instruments, Analog Devices, Microchip Technology, STMicroelectronics, Infineon Technologies, ON Semiconductor, and Teledyne e2v.
What is the market share of North America in the aerospace semiconductor industry?: North America accounted for a 43% share of the global market in 2023, driven by the U.S.'s dominant aerospace industry and significant investments in military and commercial aircraft, as well as space exploration.
How big is the aerospace semiconductor market?: The global market size for aerospace semiconductor was valued at approximately USD 8.4 billion in 2024 and is expected to reach around USD 18.7 billion by 2032, driven by a CAGR of 8.4% from 2025 to 2034.
What is the growth rate of the through-hole technology (THT) segment in the aerospace semiconductor market?: The through-hole technology (THT) segment is anticipated to grow at a CAGR of over 12.5% between 2025 and 2034, driven by its reliability and durability in demanding aerospace environments.

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Authors: Suraj Gujar, Saptadeep Das

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Base Year: 2024

Companies covered: 20

Tables & Figures: 359

Countries covered: 18

Pages: 200

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Aerospace Semiconductor Market Size

Aerospace Semiconductor Market Size

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