Rugged IC Market to grow by USD 905.29 million from 2023 to 2028; Analog Devices Inc., Dexter Apache Holdings Inc., General Dynamics Corp., and more among key companies - Technavio
NEW YORK, Nov. 10, 2023 /PRNewswire/ -- The rugged IC market is expected to grow by USD 905.29 million from 2023 to 2028.
- 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.