Semiconductor Market in Military & Aerospace to Grow by USD 3.45 Billion (2025-2029), Aircraft Modernization Boosts Revenue, Report on AI-Driven Market Transformation – Technavio

NEW YORK: NEW YORK, Jan. 21, 2025 /PRNewswire/ — Report with the AI impact on market trends – The global semiconductor in military and aerospace market size is estimated to grow by USD 3.45 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 6% during the forecast period. Increased upgrading and modernization of aircraft is driving market growth, with a trend towards growing use of UAVS. However, high cost associated with manufacturing poses a challenge. Key market players include Advanced Micro Devices Inc., AKHAN Semiconductor Inc., Broadcom Inc., Digitron Semiconductors, Infineon Technologies AG, Intel Corp., Microchip Technology Inc., Micron Technology Inc., Micross Inc., Northrop Grumman Corp., ON Semiconductor Corp., Qualcomm Inc., RTX Corp., Samsung Electronics Co. Ltd., SEMICOA, Semtech Corp., Taiwan Semiconductor Manufacturing Co. Ltd., Teledyne Technologies Inc., Texas Instruments Inc., and Toshiba Corp..

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