Radiation-hardened electronics market worth $1.8 billion by 2027

CHICAGO, May 24, 2022 /PRNewswire/ — The report “Radiation Hardened Electronics Market by Component (Mixed-Signal ICs, Processors & Controllers, Memory, Power Management), Manufacturing Techniques (RHBD, RHBP), Product Type, Application, and Geography – Global Forecast up to ‘in 2027’published by MarketsandMarkets™, is expected to increase from $1.5 billion in 2022 at $1.8 billion by 2027; it is expected to grow at a CAGR of 4.0% from 2022 to 2027. Increasing technological advancement in multi-core processors for military and space applications is driving the radiation hardened electronics market. Furthermore, the growing demand for electronic systems capable of withstanding a harsh nuclear environment; and increasing intelligence, surveillance and reconnaissance (ISR) activities across the globe is playing a key role in the growth of the radiation hardened electronics market

Request a PDF brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=44047967

“Power electronics component will hold the largest radiation-hardened electronics market size during the forecast period”

The power electronics in components segment is expected to account for the largest radiation-hardened electronics market size throughout the forecast period. The growth is mainly due to the increasing use of MOSFET power electronics in space and high-reliability applications due to its high durability against high-energy charged particles and ionizing radiation. Manufacturers are constantly focusing on accelerating the performance of MOSFET devices for space applications. For example, IR HiRel (USA), a private subsidiary of Infineon Technologies AG (USA) offers the Si MOSFET device which helps improve system efficiency and lower cost per bit in broadband satellites. The R9 MOSFET also supports satellite designers with a wide range of gate drivers and improved current capabilities.

“COTS in product type segment is expected to grow at the fastest CAGR during the forecast period”

The radiation hardened electronics market for COTS segment holds the majority of the share and is expected to grow at the fastest CAGR during the forecast period. The increasing development of low-cost nanosatellites has accelerated the growth opportunities for the COTS product type. COTS also offers attractive signal processing designs that further increase their adoption among military space missions. COTS offers an attractive option to reduce the cost of space applications as they can be replaced with pin-compatible ceramic packages, which provide the same functionality as the original device. This results in significant cost savings and reduces risk and development time.

Browse the in-depth table of contents atRadiation hardened electronics Market
152 – Tables
62 – Numbers

Inquiry before buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=44047967

North America is expected to dominate the radiation hardened market during the forecast period

the North America The region accounted for the largest share of the radiation hardened electronics market during the forecast period. This dominance and growth is driven by the growing demand for radiation-hardened components in commercial and military satellite applications. The Department of Defense (DoD) and other commercial industries in the United States require reliable, radiation-resistant microelectronics to support programs such as nuclear modernization efforts and satellites. The US government continually strives to maintain and expand the nation’s manufacturing capabilities for radiation-hardened microelectronics. For example, in December 2021the United States government has issued an authorization for the use of Title III of the Defense Production Act (DPA) to expand and strengthen the nation’s industrial base of radiation-hardened microelectronics.

The major players in the radiation hardened electronics market are Microchip Technology Inc. (US), BAE Systems (UK), Renesas Electronics Corporation (Japan), Infineon Technologies SA (Germany), STMicroelectronics (Swiss), Xilinx, Inc. (USA), Texas Instruments Incorporated (USA), Honeywell International Inc. (USA), Teledyne Technologies Inc. (USA) and TTM Technologies, Inc. (USA ). The SMEs/startups covered by the study are Cobham Limited (UK), Analog Devices, Inc (US), Data Devices Corporation (US), 3D Plus (France), Mercury Systems, Inc. (USA), PCB Piezotronics, Inc (USA), Vorago (USA), Micropac Industries, Inc (USA), GSI Technology, Inc (USA), Everspin Technologies Inc (US), Semiconductor Components Industries, LLC (US), AiTech (US), Microelectronics Research Development Corporation (US), Space Micro, Inc (US) and Triad Semiconductor ( United States).

Related reports:

FPGAs Market with COVID-19 Impact Analysis by Configuration (Low-end FPGA, Mid-range FPGA, High-end FPGA), Technology (SRAM, Flash, Antifuse), Node Size (≤16 nm, 22/28–90 nm and >90 nm), vertical and regional – Global – Forecast to 2026

Silicon on insulator (SOI) Market by Wafer Size (200mm and under 200mm, 300mm), Wafer Type (RF-SOI, FD-SOI), Technology (Smart Cut), Product, Application (Consumer Electronics, Automotive) and Geography ( 2021-2026) )

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats that will impact 70%-80% of global business revenue. Currently serving 7,500 customers worldwide, including 80% of global Fortune 1000 companies as customers. Nearly 75,000 senior executives from eight industries around the world approach MarketsandMarkets™ for their revenue decision issues.

Our 850 full-time analysts and MarketsandMarkets™ SMEs track global high-growth markets by following the “Growth Engagement Model – GEM”. The GEM aims for proactive collaboration with customers to identify new opportunities, identify most important customers, write “Attack, Avoid and Defend” strategies, identify additional sources of revenue for the company and its competitors. MarketsandMarkets™ now offers 1,500 MicroQuadrants (positioning top performers among Leaders, Emerging Companies, Innovators, Strategic Players) each year in high-growth emerging segments. MarketsandMarkets™ is determined to benefit over 10,000 companies this year for their revenue planning and help them bring their innovations/disruptions to market by providing research ahead of the curve.

MarketsandMarkets’ flagship competitive intelligence and market research platform, “Knowledge Store”, connects over 200,000 markets and entire value chains for a deeper understanding of unmet information, as well as market sizing and niche market forecasts.

Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Office 430
Northbrook, IL 60062
UNITED STATES: +1-888-600-6441
E-mail: [email protected]
Research overview: https://www.marketsandmarkets.com/ResearchInsight/radiation-hardened-electronics-market.asp
Visit our website: https://www.marketsandmarkets.com
Source of content: https://www.marketsandmarkets.com/PressReleases/radiation-hardened-electronics.asp

SOURCE Markets and Markets

Comments are closed.