Military & Defense Semiconductor Market - By Mounting Technology (Surface Mount Technology, Through Hole Technology [THT] Mounting), By Application (Communications, Weapons, Vehicles, Soldiers), Forecast 2024

Description

List of Tables

The military & defense semiconductor market is predicted to record more than 8% CAGR from 2024 to 2032, primarily propelled by the relentless pace of technological advancements and the escalating defense expenditures worldwide. The modernization efforts of armed forces globally, as nations increasingly recognize the critical role played by advanced semiconductor solutions in shaping the capabilities of contemporary military applications.

According to the reports, in December 2023, the U.S. Army partnered with USC Institute for Creative Technologies to develop a new app for soldiers to teach them how to use AI tools. Game-If-AI, the app, will help personnel deployed in non-technical and technical areas. As defense agencies invest heavily in the integration of AI, ML, and edge computing into their systems, the demand for cutting-edge semiconductor solutions continues to soar.

The military & defense semiconductor market is classified based on mounting technology, application, and region.

The weapons application segment is anticipated to generate massive revenues in the market by 2032 due to the integration of semiconductors in precision-guided munitions. Electronic warfare systems, and smart weapons have become indispensable for modern military capabilities. The relentless pursuit of accuracy, range, and efficiency in weaponry is driving investments in semiconductor technologies that enhance the performance and reliability of defense systems.

The through hole technology mounting segment will grow significantly through 2032 owing to its role in ensuring robust connectivity and durability in harsh operational environments. Through hole technology, with its ability to provide mechanical strength and stability to components, is crucial for applications where reliability is paramount. This segment is experiencing a surge in demand as military and defense systems require semiconductors that can withstand extreme conditions while maintaining optimal performance.

Europe Military & Defense Semiconductor Market size is expected to expand significantly through 2032. The nations in the region are actively investing in R&D to enhance their defense capabilities, leading to a surge in demand for advanced semiconductor solutions. The commitment to fostering collaboration between government agencies, research institutions, and private sector companies is further propelling the development of cutting-edge semiconductor technologies for defense applications, pushing the regional market growth.

Product Code: 7646

Chapter 1 Methodology & Scope

1.1 Market scope & definition
1.2 Base estimates & calculations
1.3 Forecast calculation
1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid sources
  - 1.4.2.2 Public sources

Chapter 2 Executive Summary

2.1 Military & defense semiconductor market 360 degree synopsis, 2018 - 2032
2.2 Business trends
- 2.2.1 Total Addressable Market (TAM), 2023-2032
2.3 Regional trends
2.4 Mounting technology trends
2.5 Application trends

Chapter 3 Military & Defense Semiconductor Industry Insights

3.1 Industry ecosystem analysis
3.2 Vendor matrix
3.3 Profit margin analysis
3.4 Technology & innovation landscape
3.5 Patent analysis
3.6 Key news and initiatives
- 3.6.1 Partnership/Collaboration
- 3.6.2 Merger/Acquisition
- 3.6.3 Investment
- 3.6.4 Product launch & innovation
3.7 Regulatory landscape
3.8 Impact forces
- 3.8.1 Growth drivers
  - 3.8.1.1 Government investment on military is increasing.
  - 3.8.1.2 Radiation-tolerant semiconductor components are used.
  - 3.8.1.3 Increase in aircraft upgrading and modernization programs
  - 3.8.1.4 Growing demand for advanced semiconductor technologies
  - 3.8.1.5 Increasing use of artificial intelligence and machine learning in military operations
- 3.8.2 Industry pitfalls & challenges
  - 3.8.2.1 High Cost and Long Development Cycles
  - 3.8.2.2 Export Restrictions and Geopolitical Tensions
3.9 Growth potential analysis
3.10 Porter's analysis
3.11 PESTEL analysis

Chapter 4 Competitive Landscape, 2023

4.1 Introduction
4.2 Company market share, 2023
4.3 Competitive analysis of major market players, 2023
- 4.3.1 Advanced Micro Devices Inc. (AMD)
- 4.3.2 Infineon Technologies AG
- 4.3.3 Microchip Technology Inc.
- 4.3.4 NXP Semiconductors NV
- 4.3.5 ON Semiconductor Corporation
- 4.3.6 Texas Instruments Incorporated
- 4.3.7 Taiwan Semiconductor Manufacturing Co. (TSMC)
4.4 Competitive positioning matrix, 2023
4.5 Strategic outlook matrix, 2023

Chapter 5 Military & Defense Semiconductor Market Estimates & Forecast, By Mounting Technology 2018-2032 (USD Billion)

5.1 Key trends, by mounting technology
5.2 Surface mount technology
5.3 Through Hole Technology (THT) Mounting

Chapter 6 Military & Defense Semiconductor Market Estimates & Forecast, By Application 2018-2032 (USD Billion)

6.1 Key trends, by application
6.2 Communications
- 6.2.1 Encryption
- 6.2.2 Global Positioning System (GPS)
- 6.2.3 Radar
- 6.2.4 Secure networks
6.3 Weapons
- 6.3.1 Electronic warfare
- 6.3.2 Guidance systems
- 6.3.3 Targeting systems
6.4 Vehicles
- 6.4.1 Communication systems
- 6.4.2 Navigation systems
- 6.4.3 Sensors
6.5 Soldiers
- 6.5.1 Communication headsets
- 6.5.2 Night vsion goggles
- 6.5.3 Others

Chapter 7 Military & Defense Semiconductor market Estimates & Forecast, By Region 2018-2032 (USD Billion)

7.1 Key trends, by region
7.2 North America
- 7.2.1 U.S.
- 7.2.2 Canada
- 7.2.3 Mexico
7.3 Europe
- 7.3.1 UK
- 7.3.2 Germany
- 7.3.3 France
- 7.3.4 Italy
- 7.3.5 Spain
- 7.3.6 Rest of Europe
7.4 Asia Pacific
- 7.4.1 China
- 7.4.2 India
- 7.4.3 Japan
- 7.4.4 South Korea
- 7.4.5 Singapore
- 7.4.6 Rest of Asia Pacific
7.5 Latin America
- 7.5.1 Brazil
- 7.5.2 Argentina
- 7.5.3 Rest of Latin America
7.6 MEA
- 7.6.1 Saudi Arabia
- 7.6.2 UAE
- 7.6.3 South Africa
- 7.6.4 Rest of MEA

Chapter 8 Company Profiles (Business Overview, Financial Overview, Product Landscape, Strategic Outlook, SWOT Analysis)

8.1 Advanced Micro Devices Inc.
8.2 Analog Devices, Inc.
8.3 Infineon Technologies AG
8.4 Microchip Technology Inc.
8.5 Northrop Grumman Corporation
8.6 NXP Semiconductors NV
8.7 ON Semiconductor Corporation
8.8 Raytheon Technologies Corporation
8.9 Taiwan Semiconductor Manufacturing Co. (TSMC)
8.10 Teledyne Technologies Inc.
8.11 Texas Instruments Incorporated