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Aerospace Semiconductor Market Trends

  • Report ID: GMI7598
  • Published Date: Nov 2024
  • Report Format: PDF

Aerospace Semiconductor Market Trends

Gallium nitride (GaN) and silicon carbide (SiC) semiconductors are transforming the aerospace sector due to their superior efficiency, thermal conductivity, and high breakdown voltage compared to traditional silicon. These materials enable power management and radiofrequency (RF) applications to operate at higher temperatures and voltages, making them ideal for harsh aerospace environments. As electric and hybrid aircraft gain traction, GaN and SiC are increasingly favored for their ability to reduce weight, improve energy efficiency, and enhance overall system performance.
 

The aerospace industry is moving toward electrification, with electric and hybrid aircraft being developed to reduce carbon emissions and fuel dependence. This shift requires advanced semiconductors to support high power conversion, energy storage, and efficient power distribution. Semiconductor devices in this context enable more compact, lightweight, and reliable systems, which are crucial for achieving the high efficiency and environmental sustainability goals of modern aircraft designs.
 

Authors: Suraj Gujar, Saptadeep Das

Frequently Asked Questions (FAQ) :

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.

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.

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.

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

Aerospace Semiconductor Market Scope

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Premium Report Details

  • Base Year: 2024
  • Companies covered: 20
  • Tables & Figures: 359
  • Countries covered: 18
  • Pages: 200
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