Home > Aerospace & Defense > Aviation Technology > Aerospace Semiconductor Market
Based on application, the market is segmented into avionics systems & flight control, communication & connectivity solutions, power distribution & management, navigation & sensing technologies, safety & emergency systems, aircraft entertainment systems. The communication and connectivity solutions segment dominated the market in 2023 with a market share of over 25%.
Based on type, the market is segmented into discrete devices, optical devices, microwave devices, sensors, ICs (Integrated Circuits), and hybrid ICs. The sensors segment is anticipated to register a CAGR of over 10% through 2032.
North America dominated the global aerospace semiconductor market with a share of over 35% in 2023. North America's proven leadership in the aerospace industry is expected to fuel the regional market expansion. The strong presence of leading defense contractors and aerospace manufacturers fuels the market for state-of-the-art semiconductor technologies. The expansion is also facilitated by government efforts that foster technological innovation and rising research & development expenditures. Due to its focus on sophisticated automation, defense applications & aviation safety, North America is positioned to become a major hub for semiconductor growth in the rapidly expanding aircraft business.