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"Global High-Reliability Semiconductors Market was Valued at US$ XX Bn in 2019 and it is Expected to Reach More than US$ XX Bn by 2028, Likely to Grow with the CAGR of 5.1% During the Forecast Period.”
Semiconductor devices are the core of all electronic devices like radios, phones, toys, computer or cars. Semiconductors are made of materials that have resistance and electrical conductivity coming within a range between that of conductor and an insulator.
The defense industry requires long-term system reliability for its missions. High-reliability semiconductors offer robust performance in harsh and extreme environments for multiple applications, including avionic systems, satellites, and combat vehicles. this is often primarily thanks to significant features of high-reliability semiconductor devices like data converters, amplifiers, RF/microwaves, and MEMS products.
These devices can operate in severe environments and may run uninterrupted for years without compromising on performance. Therefore, they're being preferred over general semiconductor components, which may affect long-term reliability, causing premature failure of the system. The above-mentioned factors are anticipated to fuel the worldwide high-reliability semiconductors for the aerospace & defense market during the forecast period. the worldwide commercial aircraft sector is witnessing considerable growth, due to increased demand for fuel-efficient and next-generation aircraft. Furthermore, with the growing demand for passenger travel and replacement of obsolete equipment, commercial aircraft manufacturers are ramping up their production further.
By Technology, Surface Mount Technology is Expected to Account for Major Share of Global High Reliability Semiconductor Market
Surface mount technology dominated the majority of the market size in 2018. The essential benefit of SMT in manufacturing includes controlled manufacturing process, reduced material handling costs and reduced board cost. Routing of traces is reduced, the size of the board is reduced, and number of drilled holes also are reduced. the foremost important benefits in the Design section are significant savings in weight and land and electrical noise reduction.
Asia Pacific Occupied a Significant Market Size in 2018.
Geographically, it's North America that forms one among the main marketplace for high reliability semiconductor market globally with U.S., Canada, and Mexico being a number of the main regions that are contributing to the expansion during this market. Technologically advanced applications like space and aerospace & defense have contributed to being one among the main reason for the expansion of this market during this region. Asia Pacific may be a dominant marketplace for high-reliability semiconductors for aerospace and defense. Growth of the high-reliability semiconductors for aerospace and defense market within the region are often attributed to considerably high investments in research & development activities by manufacturers operating within the region. Moreover, the rising adoption of high-reliability semiconductor components in developing economies in Asia Pacific, led by technological advancements and price efficiency, is projected to drive the high-reliability semiconductors for aerospace and defense market within the region during the forecast period. Developing economies within the region are witnessing increased utilization of high-reliability semiconductor components so as to realize robust performance of defense systems, including avionics, satellites, and combat vehicles. China may be a major contributor to the high-reliability semiconductors for aerospace and defense market in Asia Pacific
The Global High Reliability Semiconductor Market is very competitive with the presence of a large number of global and local/regional manufacturers. Key manufacturers such as Digitron Semiconductors, Infineon Technologies AG, Microsemi Corp, SEMICOA, Semtech Corporation, Skyworks Inc., Teledyne Technologies Inc., KCB Solutions LLC, Texas Instruments Incorporated, and Vishay Intertechnology Inc., among others. In the current scenario, Asia Pacific and North America are projected to account for more than half of the market share of the global High Reliability Semiconductor market due to higher demand in these regions.
- Surface Mount Technology
- Through Hole Technology
By Quality Level
- North America
- Latin America
- Asia- Pacific
- Middle East and Africa