NEW YORK, Nov. 10, 2023 /PRNewswire/ — The rugged IC market is expected to grow by USD 905.29 million from 2023 to 2028. In addition, the growth momentum of the market will progress at a CAGR of 6.91% during the forecat period, according to Technavio. The adoption of ruggedized computers in defense applications is notably driving the rugged IC market. However, factors such as the Cyclical nature of the semiconductor industry may impede market growth. The market is segmented by Product (Rugged mobile computers, Rugged tablets, Rugged scanners, and Rugged air quality monitors), End-user (Consumer electronics, Automotive, Industrial, and Others), and Geography (North America, Europe, APAC, South America, and Middle East and Africa). The report offers an up-to-date analysis of the market, and to know the exact growth variance and the Y-O-Y growth rate, Request a Free Sample Report.

We provide a detailed analysis of 20 companies operating in the rugged ic market including Analog Devices Inc., Dexter Apache Holdings Inc., General Dynamics Corp., Honeywell International Inc., Infineon Technologies AG, MediaTek Inc., NXP Semiconductors NV, Qualcomm Inc., STMicroelectronics International N.V., Taiwan SEMICONDUCTOR CO. LTD, Texas Instruments Inc., and Ozark Integrated Circuits, Inc..

Rugged IC Market 2024-2028: Company Analysis

General Dynamics Corp – The company offers type 1, type 2, and type 3 rugged ICs that are created by using silicon carbide as this semiconducting material which can withstand high voltage and possess high thermal conductivity.

This report provides a full list of key companies, their strategies, and the latest developments. Buy Now for detailed company information

Rugged IC Market 2024-2028: Segmentation

Product

• The rugged mobile computers segment is estimated to witness significant growth during the forecast period. The significant growth of this segment can be attributed to factors such as increasing technological developments in the consumer-grade devices sector. Moreover, military and government segments are using ultra-rugged Handhelds for the purpose of use under extreme conditions.

• End-user (consumer electronics, automotive, industrial, and others)

Geography 

• North America is estimated to contribute 36% to the growth of the global market during the forecast period. As the region is a major producer of defense and aeronautics products, with the US being an important player in these industries, it has had a considerable impact on increased demand for hard ICs throughout the region. Furthermore, automation and Industry 4.0 are continuing to be applied by the manufacturing and industrial sectors in North America.

• Europe, APAC, South America, and Middle East and Africa

Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View PDF Sample Report

Rugged IC Market 2024-2028: Key Highlights

• Historic Market Size 2018-2022
• CAGR of the market during 2024-2028
• Detailed information on factors that will assist rugged IC market growth during the next five years
• Estimation of the rugged IC market size and its contribution to the parent market
• Forecasts on upcoming trends and changes in consumer behavior
• The growth of the rugged IC market
• Analysis of the competitive landscape and detailed information on companies
• Comprehensive details of factors that will impede the growth of rugged IC market companies

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The semiconductor market size is estimated to grow at a CAGR of 5.09% between 2022 and 2027. The market size is forecast to increase by USD 168.3 billion.

The radio frequency (RF) MEMS market size is estimated to grow at a CAGR of 9.22% between 2022 and 2027. The market size is forecast to increase by USD 1,237.4 million. 

ToC:

Excustive Summary

Market Landscape

Market Sizing

Historic Market Sizes

Five Forces Analysis

Market Segmentation by Product

Market Segmentation by End-User

Market Segmentation by Geography

Customer Landscape

Geographic Landscape

Drivers, Challenges, & Trends

Company Landscape

Company Analysis

Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Website: www.technavio.com

SOURCE Technavio