Back to Newsroom
Back to Newsroom

Global Sales of High-reliability Semiconductor is Expected to Accelerate at a Whopping 4.6% CAGR, Reaching US$ 10.1 Billion by 2033 - TMR Report

Tuesday, 06 June 2023 11:38

WILMINGTON, DE / ACCESSWIRE / June 6, 2023 / Transparency Market Research Inc. - The global high-reliability semiconductor market was valued at US$ 6.4 Bn in 2021 and is projected to expand at a CAGR of 4.6% during the forecast period from 2022 to 2031 and reach US$ 10.1 Bn by the end of 2031.

Transparency Market Research inc., Tuesday, June 6, 2023, Press release picture

Critical use of high-reliability semiconductor components in various industries, including defense, aerospace, space, and automotive, is fueling the high-reliability semiconductor market. These components undergo intensive screening and quality conformance inspections (QCI) to meet reliability, top performance, and operability specifications for various applications.

Excessively high cost of failure of mechanical systems, with increase in intelligence and functionality standards across end-use industries, is necessitating the manufacture of failsafe semiconductor components. In this scenario, manufacturers are developing high-reliability semiconductor components that can withstand harsh operating conditions in various end-use industries.

High-reliability semiconductor components include RF/microwave components, amplifiers, DC-DC converters, power transistors, and data converters. These semiconductor components are primarily used in products and systems in defense, aerospace, and space applications that need to be failsafe.

High-reliability semiconductors are of three types: discrete, mixed, and analog. Manufacturers are engaging in strategic collaborations with end-use industries to offer customized products. Additionally, next-gen technologies such as 5G, AI, IoT, and autonomous driving are likely to provide lucrative opportunities for market development in the next few years.

For Insights on Global, Regional, and Country-Level Parameters with Growth Opportunities by 2031 - Download a Sample Report!

Market Snapshot:

Report CoverageDetails
Market RevenueUS$ 6.4 Bn
Estimated ValueUS$ 10.14 Bn
Growth Rate - CAGR4.6%
Forecast Period2022-2031
No. of Pages173 Pages
Market SegmentationType, Packaging Material, Technology, Quality Level, End-use Industry
Regions CoveredNorth America, Europe, Asia Pacific, Middle East & Africa, South America
Companies CoveredDigitron Semiconductors, Infineon Technologies AG, KCB Solutions, LLC, Microsemi Corporation, SEMICOA, Semtech Corporation, Skyworks Solutions Inc, Teledyne Technologies Incorporated, Testime Technology Ltd, Texas Instruments Inc, Vishay Intertechnology, Inc.

Key Findings of Study

Reliability Specifications in Automotive Sector Boosting Market Size - Reliability of components is of paramount importance in the automotive sector. It directly impacts performance of vehicles. There is a need for components that work faultlessly throughout the vehicle's lifetime. Semiconductor components are critical for safety, speed, and efficiency of vehicles.

Prospects of surge in adoption of autonomous vehicles is likely to create robust high-reliability semiconductor market opportunities in the next few years. According to the National Association of Insurance Commissioners, the number of self-driving vehicles in the U.S. is estimated to reach 3.5 million by 2025 and 4.5 million by 2030. Furthermore, increase in trend of integrating advanced features in autonomous cars is anticipated to fuel market demand in the near future.

Leading automotive companies depend on semiconductor components for advanced features in automobiles. Manufacturers are engaged in the development of failsafe semiconductor components, including MOSFETs, optoelectronic sensors, ICs, and amplifiers, for autonomous cars.

Buy this Premium Research Report | Immediate Delivery Available -<ype=S

Surge in Demand in Aerospace Industry Fueling Market Value - Significance of electronic systems and components to protect launchers, satellites, military vehicles, and submarine operations in the aerospace industry is accelerating market expansion. This is because the aerospace industry requires long-term reliability of electronic systems for a mission to be successful.

High-reliability semiconductor components are integral to electronic systems for failsafe operations in extreme and harsh environments in various applications such as satellites, combat vehicles, and avionics systems. Increase in government expenditure on the military & defense sector and modernization of commercial aircraft are fueling the demand for highly reliable semiconductors. This is boosting market statistics.

High-reliability semiconductor components have exceptional working life in comparison to general semiconductor components. High-reliability semiconductor components, such as R/F microwaves, data converters, amplifiers, and MEMS products, can work for years without compromising on performance. On the other hand, general semiconductor components carry the risk of premature failure of systems.

Extensive Usage of Highly Reliable Surface Mount Technology - Based on technology, the global market has been bifurcated into through hole technology (THT) and surface mount technology (SMT). The surface mount technology segment dominated the global industry in 2021 with 58.1% share. The segment is estimated to dominate the global market during the forecast period.

Growth of the surface mount technology segment cam be ascribed to superior physical properties of the technology. The technology entails electrical components to be directly mounted on the surface of a printed circuit board. Demand for this technology is rapidly increasing in the semiconductor industry due to the miniaturization of electronic components. Therefore, the adoption of[R1] surface mount technology is anticipated to fuel market progress during the forecast period.

Growth Drivers

  • Critical use [R2] in high economic value industries, such as aerospace, space, defense, and automotive is driving high-reliability semiconductor market
  • Increase in adoption of autonomous vehicles is anticipated to augment market demand

Regional Landscape

Asia Pacific dominated the global industry with 54.9% share in 2021. Investments by manufacturers in R&D activities of high-reliability semiconductors is anticipated to fuel market size in the region. Increase in utilization of high-reliability semiconductors components in military & defense systems in developing countries is driving market progress in Asia Pacific.

Europe accounted for 19.1% share of the global industry in 2021. Sizable presence of manufacturers is anticipated to propel market growth in Europe in the next few years.

Competitive Analysis

The competition landscape in the high-reliability semiconductor market is fragmented, with the presence of large number of well-entrenched players. Key players are focusing on product innovation and strategic collaborations in the high-reliability semiconductor market[R3] to broaden revenue streams.

Prominent players in the high-reliability semiconductor market include Digitron Semiconductors, KCB Solutions LLC, SEMICOA, Skyworks Solutions Inc., Infineon Technologies AG, Microsemi Corporation, Semtech Corporation, Teledyne Technologies Incorporated, Vishay Intertechnology Inc., and Semtech Corporation.

Get Customization on this Report for Specific Research Solutions:

The high-reliability semiconductor market is segmented as follows;

Global High-reliability Semiconductor Market, by Type

  • Discrete
  • Analog
  • Mixed

Global High-reliability Semiconductor Market, by Packaging Material

  • Plastic
  • Ceramic

Global High-reliability Semiconductor Market, by Technology

  • Surface Mount Technology
  • Through Hole Technology

Global High-reliability Semiconductor Market, by Quality Level

  • JAN
  • JANX
  • JANS
  • QMLQ
  • QMLV

Global High-reliability Semiconductor Market, by End-use

  • Aerospace
  • Defense
  • Space

Global High-reliability Semiconductor Market, by Region

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • South America

Latest Electronics and Semiconductors Industry Reports : -

Overview of Global Flexible Printed Circuit Board Market

Key Developments in Global Surge Protection Devices Market

Fine Pixel Pitch LED Displays Market Outlook 2031

Regional Outlook of Global Gesture Recognition Market

Surge in Adoption of Ultrasonic Gas Meter to Boost Gas Meter Market

Overview of Global Flexible Display Market

Thermoelectric Module Market Outlook 2031

Rapid Urbanization to Propel Global Construction Robots Market

Analysis of Key Players in Global Ultraviolet (UV) Analyzer Market

Quartz Crystal Market Outlook 2031

Regional Outlook of Global Pressure Transducers Market

Capacitor Market Outlook 2031

About Transparency Market Research

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.


Nikhil Sawlani
Transparency Market Research Inc.
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: [email protected]

SOURCE: Transparency Market Research inc.

Company Update
Back to newsroom
Back to Newsroom
Share by: