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

APAC Semiconductor Device Industry Overview

The Asia-Pacific Semiconductor Device Market in the Aerospace & Defense Industry is fragmented, with several players like Intel Corporation, Kyocera Corporation, STMicroelectronics, NXP Semiconductors, etc. The market players are constantly striving to innovate new products and solutions to cater to the evolving needs of consumers by investing in R&D, partnerships, mergers, acquisitions, etc. Some of the recent developments in the market are:

• March 2023: The Chinese integrated circuit designer for Orbita aircraft Science and Technology announced starting a CNY 808 million (USD116 million) project to produce aircraft chip and computer products. The project's five-year goal is to create a new generation of system-on-chip integrated circuits for satellites, spacecraft, and planes. It will primarily employ the chips to build three different types of satellite platform computers.
• October 2022: A strategic alliance was launched by American aerospace and defense firm General Atomics and Indian digital startup 3rdiTech. It is expected to significantly boost the AtmaNirbhar Bharat campaign and the Make-in-India drive. The two companies announced a strategic alliance to co-design and co-develop advanced semiconductor technology products. 3rdiTech is India's first and only firm that manufactures chips for image and laser applications. It won the Indian Ministry of Defence's flagship iDEX program after working closely with the Indian Air Force. It collaborates with all departments of the Indian military and has received contracts and accolades from many branches of the US military.