Europe Semiconductor Device In Aerospace & Defense Industry Market Share

Statistics for the 2023 & 2024 Europe Semiconductor Device In Aerospace & Defense Industry market share, created by Mordor Intelligence™ Industry Reports. Europe Semiconductor Device In Aerospace & Defense Industry share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Europe Semiconductor Device In Aerospace & Defense Industry

The security landscape is rapidly changing due to increasing geopolitical tensions in various nations, driving a heightened demand for cutting-edge aircraft, UAVs, and satellites. Key players are making substantial investments in the research and development of intricate product offerings, aiming to secure long-term contracts and strengthen their market dominance. Ongoing research and development efforts in the European aerospace and defense industry have significantly benefited platforms and related products and solutions. The market exhibits a moderate degree of fragmentation, with numerous international companies, including Microchip Technology Corporation, NXP Semiconductors, Infineon Technologies AG, Teledyne Technologies, and Skyworks Solutions Inc., among others.

In June 2023, Airbus and STMicroelectronics entered into a cooperative agreement to advance research and development in power electronics. This collaboration is geared towards developing more efficient and lightweight electrical systems needed for future hybrid aircraft and urban air mobility vehicles. The partnership builds on the previous evaluations conducted by both companies regarding the advantages of large bandgap semiconductor materials for electrifying aircraft.

In January 2023, Microchip Technology Inc. expanded its already extensive portfolio of radiation-tolerant products by introducing the MIC69303RT 3A Low-Dropout (LDO) Voltage Regulator. This marks the company's first commercially available (COTS) radiation-tolerant power device. The MIC69303RT, designed for high current and low voltage, serves as a power management solution specifically tailored for Low Earth Orbit (LEO) and other space applications. To meet the requirements of various missions, the device is available for prototype sampling in both plastic and hermetic ceramic forms.

Europe Semiconductor Device in Aerospace & Defense Market Leaders

  1. Skyworks Solutions Inc.

  2. NXP Semiconductors

  3. Infineon Technologies AG

  4. Teledyne Technologies

  5. Microchip Technology Corporation

*Disclaimer: Major Players sorted in no particular order

Europe Semiconductor Device In Aerospace & Defense Industry Concentration

Europe Semiconductor Device in Aerospace & Defense Industry Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)