GLOBAL SEMICONDUCTOR IN AEROSPACE & MILITARY MARKET FORECAST 2017-2024
KEY FINDINGS
The global semiconductor in aerospace & military market is projected to rise with a CAGR of 5.88% for the forecast period 2017-2025. The market is propelled by increasing expenditure for military & aerospace and growing Internet of Things (IoT) industry. Also, various governments across the globe are heavily spending on R&D for this market, aiding the market expansion.
MARKET INSIGHTS
Several modern military and aerospace equipment such as data processing units, data display systems, computers, and aircraft guidance-control assemblies are loaded with semiconductor devices. The increasing R&D expenditure is presenting the global market with numerous opportunities. Novel memory technologies are expected to emerge over the forecast period which might help lower the cost and density limitations of NAND and DRAM flash for servers. Silicon photonics are predicted to emerge as the leading technology for this market.
REGIONAL INSIGHTS
The global semiconductors in aerospace and military market cover regions like the Asia-Pacific, Europe, United States, Middle East and the rest of the world. U.S is presently leading the global market and is expected to continue its dominance by generating the highest revenue of $4.0 billion by the end of the forecast period of 2017-2024. However,it is the Middle East market which is projected to exhibit the fastest evolving CAGR of 8.66%, over this period.
COMPETITIVE INSIGHTS
The key market players are engaged in strategic initiatives to gain an edge in the global market. Some of these key players include BAE Systems, Airbus Group, General Dynamics, Northrop Grumman, Lockheed Martin Corporation, Raytheon , Infineon Technologies AG, Altera Corporation (Subsidiary: Intel),Microsemi Corporation, Texas Instruments Inc. ON Semiconductor Corporation, and Xilinx Inc.
The global semiconductor in aerospace & military market is projected to rise with a CAGR of 5.88% for the forecast period 2017-2025. The market is propelled by increasing expenditure for military & aerospace and growing Internet of Things (IoT) industry. Also, various governments across the globe are heavily spending on R&D for this market, aiding the market expansion.
MARKET INSIGHTS
Several modern military and aerospace equipment such as data processing units, data display systems, computers, and aircraft guidance-control assemblies are loaded with semiconductor devices. The increasing R&D expenditure is presenting the global market with numerous opportunities. Novel memory technologies are expected to emerge over the forecast period which might help lower the cost and density limitations of NAND and DRAM flash for servers. Silicon photonics are predicted to emerge as the leading technology for this market.
REGIONAL INSIGHTS
The global semiconductors in aerospace and military market cover regions like the Asia-Pacific, Europe, United States, Middle East and the rest of the world. U.S is presently leading the global market and is expected to continue its dominance by generating the highest revenue of $4.0 billion by the end of the forecast period of 2017-2024. However,it is the Middle East market which is projected to exhibit the fastest evolving CAGR of 8.66%, over this period.
COMPETITIVE INSIGHTS
The key market players are engaged in strategic initiatives to gain an edge in the global market. Some of these key players include BAE Systems, Airbus Group, General Dynamics, Northrop Grumman, Lockheed Martin Corporation, Raytheon , Infineon Technologies AG, Altera Corporation (Subsidiary: Intel),Microsemi Corporation, Texas Instruments Inc. ON Semiconductor Corporation, and Xilinx Inc.
1. RESEARCH SCOPE
1.1. STUDY GOALS
1.2. SCOPE OF THE MARKET STUDY
1.3. WHO WILL FIND THIS REPORT USEFUL?
1.4. STUDY AND FORECASTING YEARS
2. RESEARCH METHODOLOGY
2.1. SOURCES OF DATA
2.1.1. SECONDARY DATA
2.1.2. PRIMARY DATA
2.2. TOP DOWN APPROACH
2.3. BOTTOM-UP APPROACH
2.4. DATA TRIANGULATION
3. EXECUTIVE SUMMARY
3.1. MARKET SUMMARY
3.2. KEY FINDINGS
4. MARKET OVERVIEW
4.1. MARKET DEFINITION
4.2. MARKET DRIVERS
4.2.1. INCREASED MILITARY & AEROSPACE EXPENDITURE
4.2.2. GROWING DEFENSE ELECTRONICS INDUSTRY
4.2.3. BOOMING INTERNET OF THINGS (IOT) MARKET
4.3. MARKET RISKS
4.3.1. FLUCTUATING FOREIGN EXCHANGE RATES
4.3.2. REGIONAL IMBALANCE IN CONSUMPTION PATTERNS FOR SEMICONDUCTORS
4.3.3. CYCLIC NATURE OF SEMICONDUCTOR INDUSTRY
4.3.4. HIGH FIXED COSTS
5. SEMICONDUCTOR MARKET OUTLOOK
5.1. EVOLUTION OF THE MARKET
5.2. BUSINESS MODELS
5.3. FUTURE OF SEMICONDUCTORS
5.3.1. INORGANIC GROWTH IS THE PREFERRED GROWTH PATH
5.3.2. GAN SEMICONDUCTORS ARE EXPECTED TO SHOW STURDIEST PROGRESSION IN COMING YEARS
5.3.3. NEW MEMORY TECHNOLOGIES WILL SURFACE IN ORDER TO ELIMINATE COST AND DENSITY LIMITATIONS OF DRAM AND NAND FLASH FOR SERVERS.
5.3.4. SILICON PHOTONICS WILL EMERGE AS THE LEADING TECHNOLOGY.
5.3.5. 5G TECHNOLOGIES ARE A BIG OPPORTUNITY FOR SEMICONDUCTOR SUPPLIERS
6. PRODUCTION ANALYSIS
6.1. DISCRETE, OPTOELECTRONICS, AND SENSORS
6.2. ESTABLISHED MEMORY TECHNOLOGIES AND EMERGING MEMORY TECHNOLOGIES
6.3. SEMICONDUCTOR PACKAGING TECHNOLOGY
6.4. SEMICONDUCTOR PACKAGING MATERIALS
7. SEMICONDUCTOR IN AEROSPACE AND MILITARY
7.1. PROCESSORS TYPES AND APPLICATIONS IN AEROSPACE AND DEFENCE
7.2. SEMICONDUCTOR LIFECYCLE MANAGEMENT (SLIM) IN AEROSPACE AND MILITARY
7.3. DRONES & UNMANNED AUTONOMOUS VEHICLES (UAV’S) WILL PUSH THE SEMICONDUCTOR GROWTH
7.4. SWOT ANALYSIS OF MILITARY STRATEGY
7.4.1. UNITED STATES
7.4.2. CANADA
7.4.3. MEXICO
7.4.4. BRAZIL
8. KEY ANALYTICS
8.1. PORTERS FIVE FORCES ANALYSIS
8.1.1. THREAT OF NEW ENTRANTS
8.1.2. THREAT OF SUBSTITUTES
8.1.3. BARGAINING POWER OF BUYERS
8.1.4. BARGAINING POWER OF SUPPLIERS
8.1.5. INTENSITY OF COMPETITIVE RIVALRY
8.2. KEY BUYING CRITERIA
8.2.1. VALUE TO CUSTOMER
8.2.2. MEETING CUSTOMER SPECIFICATION AND CUSTOMIZATION
8.2.3. REPUTATION OF THE SELLER/MANUFACTURER
8.2.4. TIME-TO-MARKET
8.3. VALUE CHAIN ANALYSIS
9. GEOGRAPHICAL ANALYSIS
9.1. ASIA PACIFIC
9.1.1. CHINA
9.1.2. JAPAN
9.1.3. TAIWAN
9.1.4. SOUTH KOREA
9.2. EUROPE
9.3. UNITED STATES
9.4. MIDDLE EAST
9.5. REST OF WORLD
10. COMPANY PROFILES OF AEROSPACE & MILITARY OEM’S
10.1. AIRBUS GROUP
10.2. BAE SYSTEMS
10.3. GENERAL DYNAMICS
10.4. LOCKHEED MARTIN CORPORATION
10.5. NORTHROP GRUMMAN
10.6. RAYTHEON
11. COMPANY PROFILES OF SEMICONDUCTOR SUPPLIERS
11.1. ALTERA CORPORATION (SUBSIDIARY: INTEL)
11.2. INFINEON TECHNOLOGIES AG
11.3. MICROSEMI CORPORATION
11.4. ON SEMICONDUCTOR CORPORATION
11.5. TEXAS INSTRUMENTS INC.
11.6. XILINX, INC.
1.1. STUDY GOALS
1.2. SCOPE OF THE MARKET STUDY
1.3. WHO WILL FIND THIS REPORT USEFUL?
1.4. STUDY AND FORECASTING YEARS
2. RESEARCH METHODOLOGY
2.1. SOURCES OF DATA
2.1.1. SECONDARY DATA
2.1.2. PRIMARY DATA
2.2. TOP DOWN APPROACH
2.3. BOTTOM-UP APPROACH
2.4. DATA TRIANGULATION
3. EXECUTIVE SUMMARY
3.1. MARKET SUMMARY
3.2. KEY FINDINGS
4. MARKET OVERVIEW
4.1. MARKET DEFINITION
4.2. MARKET DRIVERS
4.2.1. INCREASED MILITARY & AEROSPACE EXPENDITURE
4.2.2. GROWING DEFENSE ELECTRONICS INDUSTRY
4.2.3. BOOMING INTERNET OF THINGS (IOT) MARKET
4.3. MARKET RISKS
4.3.1. FLUCTUATING FOREIGN EXCHANGE RATES
4.3.2. REGIONAL IMBALANCE IN CONSUMPTION PATTERNS FOR SEMICONDUCTORS
4.3.3. CYCLIC NATURE OF SEMICONDUCTOR INDUSTRY
4.3.4. HIGH FIXED COSTS
5. SEMICONDUCTOR MARKET OUTLOOK
5.1. EVOLUTION OF THE MARKET
5.2. BUSINESS MODELS
5.3. FUTURE OF SEMICONDUCTORS
5.3.1. INORGANIC GROWTH IS THE PREFERRED GROWTH PATH
5.3.2. GAN SEMICONDUCTORS ARE EXPECTED TO SHOW STURDIEST PROGRESSION IN COMING YEARS
5.3.3. NEW MEMORY TECHNOLOGIES WILL SURFACE IN ORDER TO ELIMINATE COST AND DENSITY LIMITATIONS OF DRAM AND NAND FLASH FOR SERVERS.
5.3.4. SILICON PHOTONICS WILL EMERGE AS THE LEADING TECHNOLOGY.
5.3.5. 5G TECHNOLOGIES ARE A BIG OPPORTUNITY FOR SEMICONDUCTOR SUPPLIERS
6. PRODUCTION ANALYSIS
6.1. DISCRETE, OPTOELECTRONICS, AND SENSORS
6.2. ESTABLISHED MEMORY TECHNOLOGIES AND EMERGING MEMORY TECHNOLOGIES
6.3. SEMICONDUCTOR PACKAGING TECHNOLOGY
6.4. SEMICONDUCTOR PACKAGING MATERIALS
7. SEMICONDUCTOR IN AEROSPACE AND MILITARY
7.1. PROCESSORS TYPES AND APPLICATIONS IN AEROSPACE AND DEFENCE
7.2. SEMICONDUCTOR LIFECYCLE MANAGEMENT (SLIM) IN AEROSPACE AND MILITARY
7.3. DRONES & UNMANNED AUTONOMOUS VEHICLES (UAV’S) WILL PUSH THE SEMICONDUCTOR GROWTH
7.4. SWOT ANALYSIS OF MILITARY STRATEGY
7.4.1. UNITED STATES
7.4.2. CANADA
7.4.3. MEXICO
7.4.4. BRAZIL
8. KEY ANALYTICS
8.1. PORTERS FIVE FORCES ANALYSIS
8.1.1. THREAT OF NEW ENTRANTS
8.1.2. THREAT OF SUBSTITUTES
8.1.3. BARGAINING POWER OF BUYERS
8.1.4. BARGAINING POWER OF SUPPLIERS
8.1.5. INTENSITY OF COMPETITIVE RIVALRY
8.2. KEY BUYING CRITERIA
8.2.1. VALUE TO CUSTOMER
8.2.2. MEETING CUSTOMER SPECIFICATION AND CUSTOMIZATION
8.2.3. REPUTATION OF THE SELLER/MANUFACTURER
8.2.4. TIME-TO-MARKET
8.3. VALUE CHAIN ANALYSIS
9. GEOGRAPHICAL ANALYSIS
9.1. ASIA PACIFIC
9.1.1. CHINA
9.1.2. JAPAN
9.1.3. TAIWAN
9.1.4. SOUTH KOREA
9.2. EUROPE
9.3. UNITED STATES
9.4. MIDDLE EAST
9.5. REST OF WORLD
10. COMPANY PROFILES OF AEROSPACE & MILITARY OEM’S
10.1. AIRBUS GROUP
10.2. BAE SYSTEMS
10.3. GENERAL DYNAMICS
10.4. LOCKHEED MARTIN CORPORATION
10.5. NORTHROP GRUMMAN
10.6. RAYTHEON
11. COMPANY PROFILES OF SEMICONDUCTOR SUPPLIERS
11.1. ALTERA CORPORATION (SUBSIDIARY: INTEL)
11.2. INFINEON TECHNOLOGIES AG
11.3. MICROSEMI CORPORATION
11.4. ON SEMICONDUCTOR CORPORATION
11.5. TEXAS INSTRUMENTS INC.
11.6. XILINX, INC.
LIST OF TABLES
Table 1: GLOBAL SEMICONDUCTORS IN MILITARY AND AEROSPACE MARKET, BY GEOGRAPHY, 2017-2024 (IN $ BILLION)
Table 2: WORLD MILITARY EXPENDITURE IN 2016 (IN $ BILLIONS)
Table 3: PERFORMANCE GAP IN MEMORY HIERARCHY
Table 1: GLOBAL SEMICONDUCTORS IN MILITARY AND AEROSPACE MARKET, BY GEOGRAPHY, 2017-2024 (IN $ BILLION)
Table 2: WORLD MILITARY EXPENDITURE IN 2016 (IN $ BILLIONS)
Table 3: PERFORMANCE GAP IN MEMORY HIERARCHY
LIST OF FIGURES
Figure 1: GLOBAL SEMICONDUCTORS IN MILITARY AND AEROSPACE MARKET, 2017-2024 (IN $ BILLION)
Figure 2: FLUCTUATING EXCHANGE RATES BETWEEN USD AND THE JAPANESE YEN, 2012 TO 2016
Figure 3: EVOLUTION OF SEMICONDUCTORS
Figure 4: KEY BUSINESS MODELS IN SEMICONDUCTOR INDUSTRY
Figure 5: INTERNATIONALIZATION OF THE SEMICONDUCTOR VALUE CHAIN (% OF TOTAL REVENUE, 2015)
Figure 6: PRODUCTION ANALYSIS OF SEMICONDUCTOR MARKET
Figure 7: FRONT-END PRODUCTION PROCESSES
Figure 8: BACK-END PRODUCTION PROCESSES
Figure 9: MILESTONES OF FLOATING GATE NON VOLATILE MEMORIES
Figure 10: EVOLVING MEMORY ARCHITECTURE & OPPORTUNITIES FOR EMERGING MEMORIES
Figure 11: PORTERS FIVE FORCES ANALYSIS FOR SEMICONDUCTOR MARKET
Figure 12: KEY BUYING IMPACT ANALYSIS
Figure 13: VALUE CHAIN ANALYSIS OF SEMICONDUCTOR MARKET
Figure 14: ASIA PACIFIC SEMICONDUCTORS IN MILITARY AND AEROSPACE MARKET, 2017-2024 (IN $ BILLION)
Figure 15: EUROPE SEMICONDUCTORS IN MILITARY AND AEROSPACE MARKET, 2017-2024 (IN $ BILLION)
Figure 16: UNITED STATES SEMICONDUCTORS IN MILITARY AND AEROSPACE MARKET, 2017-2024 (IN $ BILLION)
Figure 17: MIDDLE EAST SEMICONDUCTORS IN MILITARY AND AEROSPACE MARKET, 2017-2024 (IN $ BILLION)
Figure 18: REST OF WORLD SEMICONDUCTORS IN MILITARY AND AEROSPACE MARKET, 2017-2024 (IN $ BILLION)
Figure 1: GLOBAL SEMICONDUCTORS IN MILITARY AND AEROSPACE MARKET, 2017-2024 (IN $ BILLION)
Figure 2: FLUCTUATING EXCHANGE RATES BETWEEN USD AND THE JAPANESE YEN, 2012 TO 2016
Figure 3: EVOLUTION OF SEMICONDUCTORS
Figure 4: KEY BUSINESS MODELS IN SEMICONDUCTOR INDUSTRY
Figure 5: INTERNATIONALIZATION OF THE SEMICONDUCTOR VALUE CHAIN (% OF TOTAL REVENUE, 2015)
Figure 6: PRODUCTION ANALYSIS OF SEMICONDUCTOR MARKET
Figure 7: FRONT-END PRODUCTION PROCESSES
Figure 8: BACK-END PRODUCTION PROCESSES
Figure 9: MILESTONES OF FLOATING GATE NON VOLATILE MEMORIES
Figure 10: EVOLVING MEMORY ARCHITECTURE & OPPORTUNITIES FOR EMERGING MEMORIES
Figure 11: PORTERS FIVE FORCES ANALYSIS FOR SEMICONDUCTOR MARKET
Figure 12: KEY BUYING IMPACT ANALYSIS
Figure 13: VALUE CHAIN ANALYSIS OF SEMICONDUCTOR MARKET
Figure 14: ASIA PACIFIC SEMICONDUCTORS IN MILITARY AND AEROSPACE MARKET, 2017-2024 (IN $ BILLION)
Figure 15: EUROPE SEMICONDUCTORS IN MILITARY AND AEROSPACE MARKET, 2017-2024 (IN $ BILLION)
Figure 16: UNITED STATES SEMICONDUCTORS IN MILITARY AND AEROSPACE MARKET, 2017-2024 (IN $ BILLION)
Figure 17: MIDDLE EAST SEMICONDUCTORS IN MILITARY AND AEROSPACE MARKET, 2017-2024 (IN $ BILLION)
Figure 18: REST OF WORLD SEMICONDUCTORS IN MILITARY AND AEROSPACE MARKET, 2017-2024 (IN $ BILLION)
