Semiconductor Market In Military And Aerospace Industry , 40% of Growth to Originate from North America, Technavio [Yahoo! Finance]
Advanced Micro Devices, Inc. (AMD)
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Source: Yahoo! Finance
to 2028, at a CAGR of 5.56%. North America is estimated to contribute 40% to the growth of the global market, driven by the US's significant presence in the semiconductor industry and the region's position in advanced technologies. The market is driven by the demand for advanced electronic systems in defense modernization and space exploration, with memory semiconductors being the fastest-growing segment due to the increasing use of processors in various devices. Generated by Yahoo Finance AI Yahoo Finance used generative AI to summarize key information from this article. Some details may be inaccurate. We take that seriously. Reporting mistakes helps us improve these summaries. Was this helpful? Yes No NEW YORK Dec. 15, 2024 /PRNewswire/ -- The global semiconductor market in military and aerospace industry size is estimated to grow by USD 3.02 billion from 2024 to 2028, according to Technavio. The market is estimated to grow at a CAGR of 5.56% during the forecast period.
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