Global Radiation-Hardened Electronics Market to Reach $1.6 Billion by 2027 at a CAGR of 3%

Global Radiation-Hardened Electronics Market to Reach .6 Billion by 2027 at a CAGR of 3%

DUBLIN, Sept. 5, 2022 /PRNewswire/ — The “Radiation-Hardened Electronics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” report has been added to ResearchAndMarkets.com’s offering.

Research and Markets Logo

Research and Markets Logo

The global radiation-hardened electronics market reached a value of US$ 1.3 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 1.6 Billion by 2027, exhibiting a CAGR of 3% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

Radiation-hardened electronics refer to various electronic components, packages and products that are primarily used for high-altitude applications. The materials used for the manufacturing of such components include silicon, silicon carbide, gallium nitride and hydrogenated amorphous silicon.

These components are resistant to the damage caused by ionizing and high-energy radiations, and gamma and neutron radiation emitted by nuclear reactors. They are widely employed in satellites, aircraft and nuclear power plants in the form of switching regulators, microprocessors and power supply devices. Owing to this, they find extensive applications across various industries, including aviation, space, military and defense.

The global market is primarily being driven by the increasing number of space missions and exploratory activities. In line with this, the rising demand for communication satellites for intelligence, surveillance and reconnaissance (ISR) operations is also providing a boost to the market growth. Radiation-hardened electronics is crucial for protecting electronic equipment from physical damage and failure caused by harmful radiations in outer space.

Furthermore, widespread product adoption for manufacturing power management devices is creating a positive impact on the market. These electronics are also used to manufacture diodes, transistors and metal-oxide-semiconductor field-effect transistors (MOSFET) for various defense and military applications.

Additionally, various technological advancements, such as the development of highly reliable integrated circuits and improvements in the field-programmable gate array (FPGA) technology, are creating a positive outlook for the market. Other factors, including significant growth in the electronics industry and extensive research and development (R&D) activities, are projected to drive the market further.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the global radiation-hardened electronics market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product type, material type, technique, component type and application.

Breakup by Product Type:

  • Custom Made

  • Commercial-Off-the-Shelf

Breakup by Material Type:

  • Silicon

  • Silicon Carbide

  • Gallium Nitride

  • Others

Breakup by Technique:

  • Radiation Hardening by Design (RHBD)

  • Radiation Hardening by Process (RHBP)

  • Radiation Hardening by Software (RHBS)

Breakup by Component Type:

Breakup by Application:

  • Space Satellites

  • Commercial Satellites

  • Military

  • Aerospace and Defense

  • Nuclear Power Plants

  • Others

Breakup by Region:

  • North America

  • United States

  • Canada

  • Asia Pacific

  • China

  • Japan

  • India

  • South Korea

  • Australia

  • Indonesia

  • Others

  • Europe

  • Germany

  • France

  • United Kingdom

  • Italy

  • Spain

  • Russia

  • Others

  • Latin America

  • Brazil

  • Mexico

  • Others

  • Middle East and Africa

Key

Read More

Radiation-Hardened Electronics Market Worth $2.04Bn, Globally, by 2028 at 4.3% CAGR

Radiation-Hardened Electronics Market Worth .04Bn, Globally, by 2028 at 4.3% CAGR
The Insight Partners

The Insight Partners

The radiation-hardened electronics market size was valued at $1.52 billion in 2021 and is projected to reach $2.04 billion by 2028; it is expected to grow at a CAGR of 4.3% from 2021 to 2028.

New York, April 29, 2022 (GLOBE NEWSWIRE) — The Insight Partners published latest research study on “Radiation-Hardened Electronics Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Component (Power Management Components, Analog & Digital Mixed Signal Devices, Memory, and Controllers & Processors), Manufacturing Technique [Radiation Hardening by Design (RHBD) and Radiation Hardening by Process (RHBP)], and Application (Aerospace & Defense, Nuclear Power Plant, Space, and Others)”, the global radiation-hardened electronics market growth is driven by the increasing investment in product development by major players.

The Sample Pages Showcases Content Structure and Nature of Information Included in This Research Study Which Presents A Qualitative and Quantitative Analysis: https://www.theinsightpartners.com/sample/TIPRE00011821/

Report Coverage

Details

Market Size Value in

US$ 1.52 Billion in 2021

Market Size Value by

US$ 2.04 Billion by 2028

Growth rate

CAGR of 4.3% from 2021 to 2028.

Forecast Period

2021- 2028

Base Year

2021

No. of Pages

172

No. Tables

85

No. of Charts & Figures

81

Historical data available

Yes

Segments covered

Component, Manufacturing Technique, and Application

Regional scope

North America; Europe; Asia Pacific; Latin America; MEA

Country scope

US, UK, Canada, Germany, France, Italy, Australia, Russia, China, Japan, South Korea, Saudi Arabia, Brazil, Argentina

Report coverage

Revenue forecast, company ranking, competitive landscape, growth factors, and trends

Radiation-Hardened Electronics Market: Competitive Landscape and Key Developments
The leading players operating in the radiation-hardened electronics market across the globe include BAE Systems; Data Device Corporation; Honeywell International Inc.; Infineon Technologies AG; Renesas Electronics Corporation; Texas Instruments Incorporated; STMicroelectronics; Xilinx, Inc.; VORAGO Technologies; and Microchip Technology Inc. Several companies are functioning in the market and are contributing substantial revenues to propel the radiation-hardened electronics market growth.

Schedule A Pre-Sale Discussion with The Author Team in A Slot That You Prefer to Address Queries on Scope of The Study, Customization, Introduction to Research Methodology, Assistance on Technologies and Market Definitions: https://www.theinsightpartners.com/inquiry/TIPRE00011821/

In 2022, BAE Systems has been awarded a $60 million contract from the Army Contracting Command. The program’s principal purpose is to provide the US government and aerospace sector with onshore access to cutting-edge microelectronics technology. Cadence Design Systems, Carnegie Mellon University, Novellus, Reliable MicroSystems, and Sandia National Laboratories will be part of a team that will carry out this work.

In 2021, Xilinx, Inc. announced its collaboration with Mavenir. The collaboration consists of companies working together to deliver a unified 4G/5G O-RAN massive MIMO portfolio to market to allow Open RAN deployments. In Q4 of 2021, the first mMIMO 64TRX joint solution was planned to be ready. The two businesses collaborated to effectively integrate a first-generation mMIMO system leveraging Open RAN concepts from end to end.

Space programs across developed and developing countries have experienced a rise in investment. This growth is attributed to the rising

Read More