IMARC Group’s report titled “Military & Defense Semiconductor Market Report by Mounting Type (Surface Mount, Through Hole), Component (Memory Devices, Logic Devices, Analog IC, MPU, Discrete Power Devices, MCU, Sensors, and Others), Material Used (Silicon Carbide, Gallium Manganese Arsenide, Copper Indium Gallium Selenide, Molybdenum Disulfide, and Others), Application (Communication, Vehicle, Weapons, and Others), Region and Competitive Landscape (Market Share, Business Overview, Products Offered, Business Strategies, SWOT Analysis and Major News and Events) 2024-2032”, offers a comprehensive analysis of the industry, which comprises insights on the global military & defense semiconductor market share. The global  market size reached US$ 6.84 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 13.79 Billion by 2032, exhibiting a growth rate (CAGR) of 7.8% during ​2024-2032​.

Factors Affecting the Growth of the Military & Defense Semiconductor Industry:

• More Money for Defense Technology:

Countries are spending more money to make their military systems better. They are improving things like radars, communication tools, cameras for watching, and weapons. Special computer chips, called semiconductors, are a big part of these upgrades. These chips are used in smart military tools like robots, drones, and machines with artificial intelligence (AI). They help these tools work faster and smarter. As countries try to stay the strongest, they are buying more and more of these special chips.

• New Technologies in the Military:

New ideas like AI, smart machines, and the Internet of Things (IoT) are changing how armies work. These tools help them see what’s happening in real time, make better decisions, and do their jobs faster. AI can help fix machines, plan supplies, and organize battles. IoT tools collect and share important information, so the chips used in these tools need to be strong and reliable. As more armies use these technologies, they need more of these special chips.

• Making Chips Locally:

Big problems like COVID-19 and global conflicts showed that it’s hard to get enough semiconductors when they are made in other countries. Now, many countries want to make their own chips so they don’t have to rely on others. When countries make chips at home, they can have a steady supply for their military. This also makes the supply chain stronger and safer.

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Leading Companies Operating in the Military & Defense Semiconductor Industry:

• Analog Devices, Inc.,
• Digitron Semiconductors
• Infineon Technologies AG
• Microchip Technology Inc.
• Northrop Grumman Corporation
• NXP Semiconductors NV
• ON Semiconductor Corporation
• Raytheon Technologies Corporation
• Teledyne Technologies Inc.
• Texas Instruments Incorporated.

Military & Defense Semiconductor Market Report Segmentation:

Breakup by Mounting Type:

• Surface Mount
• Through Hole

Breakup by Component:

• Memory Devices
• Logic Devices
• Analog IC
• MPU
• Discrete Power Devices
• MCU
• Sensors
• Others

Breakup by Material Used:

• Silicon Carbide
• Gallium Manganese Arsenide
• Copper Indium Gallium Selenide
• Molybdenum Disulfide
• Others

Breakup by Application:

• Communication
• Vehicles
• Weapons
• Others

Regional Insights:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa

Military & Defense Semiconductor Market Trends:

In 2024, several trends are shaping the military semiconductor market. One big trend is the growing use of AI and machine learning, which need powerful chips to handle lots of data quickly. Protecting systems from cyberattacks is also a priority, so there’s more demand for secure semiconductors. Governments and private companies are working together to create advanced technology for defense. These trends show that innovation, security, and cutting-edge technology are becoming more important in the military semiconductor market.

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IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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