The global radiation-hardened electronics market size reached USD 1.45 Billion in 2021 and is expected to register a revenue CAGR of 3.5% during the forecast period, according to latest analysis by Emergen Research.
Increasing demand for satellite communications in television broadcast, mobile phone connectivity, space-based monitoring, and surveillance are driving radiation-hardened electronics market revenue growth.
Increasing use of radiation-hardened electronics in several high-altitude applications is driving market revenue growth. This type of electronics are made of components such as silicon, silicon carbide, and gallium nitride, which are resistant to gamma and neutron radiation and high-energy radiation. These factors drive its adoption in applications such as aircraft, nuclear power plants, and satellites in the form of power supply devices, microprocessors, and switching regulators.
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Increasing ISR activities in defense sector are driving radiation-hardened electronics market growth. ISR activities are effective with use of highly reliable and advanced quality electronics products. For space operations, electronic products are required to survive for a minimum of 15 years without any breakdown. Radiation-hardened electronics facilitate these requirements and thus are increasingly being used in ISR operations happening in military and commercial applications.
The report covers the Radiation Hardened Electronics Market segmentation along with a detailed outline of the Radiation Hardened Electronics Market size with regards to volume and valuation. The report provides comprehensive coverage of the Radiation Hardened Electronics Market scenario for the current period and forecast timeline of 2022-2030. The Radiation Hardened Electronics Market report contains an in-depth analysis of the historical, current, and projected revenues for every industry vertical, segment, end-use industries, applications, and regions.
The report further explores the key business players along with their in-depth profiling, product catalog, and strategic business decisions. The key players studied in the report are BAE Systems, Honeywell International Inc., Renesas Electronics Corporation, STMicroelectronics, Infineon Technologies AG, Microchip Technology Inc., IBM, Data Device Corporation, Cobham Limited, and Micropac Industries, Inc.
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Emergen Research has segmented global Radiation Hardened Electronics market on the basis of product type, material type, manufacturing technique, component type, application, and region:
Product Type Outlook (Revenue, USD Million; 2019–2030)
Custom Made
Commercial-Off-The-Shelf (COTS)
Material Type Outlook (Revenue, USD Million; 2019–2030)
Silicon
Silicon Carbide
Gallium Nitride
Others
Manufacturing Technique Outlook (Revenue, USD Million; 2019–2030)
Radiation-Hardening-By-Design (RHBD)
Radiation-Hardening-By-Process (RHBP)
Radiation-Hardening-By-Software (RHBS)
Component Type Outlook (Revenue, USD Million; 2019–2030)
Memory
Logic
Power Management
Field-Programmable Gate Array
Application Specific Integrated Circuit
Analog Digital Mix Signals
Controllers Processors
Application Outlook (Revenue, USD Million; 2019–2030)
Space Satellites
Aerospace Defense
Nuclear Power Plants
Commercial Satellites
Medical
Others
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On the basis of regional analysis, the market is segmented into the following regions: North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The market is expected to be dominated by North American nations closely followed by European countries. Asia Pacific is expected to show a significant growth owing to recent advancements and rising investments in the RD sector.
Key Questions Answered in the Report:
What will be the estimated growth rate of the Radiation Hardened Electronics market by 2030?
Who are the prominent distributors, vendors, and manufacturers of the market?
What are the driving and restraining factors of the growth of the Radiation Hardened Electronics market throughout the forecast period?
What are the current and future market trends of the Radiation Hardened Electronics market?
What are the sales and price analysis of the product by types, applications, and regions?
What are the expected opportunities for the companies and new entrants in the coming years?
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