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

Americas Semiconductor Device in Aerospace & Defense Industry Overview

The Americas semiconductor device market for the aerospace and defense industry has experienced increased competition, primarily driven by the growing adoption of advanced electronic systems. Market players are consistently striving to develop innovative solutions to enhance their market presence. They are also employing strategies such as partnerships, mergers, and acquisitions to expand their customer base and support the creation of new products and solutions. Key market players in this sector include Intel Corporation, NVIDIA Corporation, Microchip Technology Inc., and STMicroelectronics N.V., among others.

• March 2024 - The US government plans to invest USD 3.5 billion into Intel Corp. This investment aims to bolster the chipmaker's production of advanced semiconductors tailored for military and intelligence applications. This funding is part of a larger USD 39 billion grant pool under the Chips and Science Act, strategically crafted to incentivize domestic semiconductor production. Notably, over 600 companies have signaled their interest in tapping into this financial support.
• February 2024 - EPC Space unveiled a cutting-edge 50V, 6A radiation-hardened GaN power stage IC tailored for space missions. Dubbed the EPC7011L7SH, this IC integrates a single-chip driver with an eGaN FET half-bridge power stage, all housed in a space-efficient AlN ceramic surface mount package. Notably, the EPC7011L7SH is a series of space-grade rad-hard ICs slated for release by EPC and EPC Space, commencing this year.
• January 2024 - Redwire Corporation, a provider of space infrastructure for the evolving space economy, unveiled plans for a significant expansion. They are set to launch their pioneering autonomous semiconductor manufacturing platform, MSTIC, on its maiden voyage to the International Space Station (ISS). This mission is slated to be part of Northrup Grumman's 20th cargo resupply services mission (NG-20).