Space Electronics Market Expected to Increase Highest Revenue by 2027 with Key Vendors: BAE Systems, Cobham, HEICO Corp, Honeywell, Microsemi, STMicroelectronics, Teledyne e2v
The demand for deep space exploration is driving the need for space components and electronics that survive in a harsh environment. Developed and developing countries both are investing heavily in space research and development programs. Growing demand for small satellites for earth observations, networking, and communications applications coupled with lower launch cost is expected to drive the space electronics market significantly. North America is expected to hold the largest market share in the coming years due to the high focus on space research and the presence of dedicated centers and space companies such as NASA, SpaceX, and others.
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The study provides an in-depth analysis of the global Space Electronics Market to elucidate the prominent investment pockets.
Current trends and future estimations are outlined to determine the overall attractiveness and single out profitable trends to gain a stronger foothold in the market.
The report provides information related to key drivers, restraints, and opportunities and their impact analysis.
The market is analyzed based on various regions, namely, North America, Europe, Asia-Pacific, and LAMEA.
The space electronics market is foreseen to witness rapid growth in the forecast period owing to a sizeable increase in the number of satellite production and rising participation of commercial space companies in the market. Additionally, government across the globe are investing in space projects, thereby, further propelling the growth of the space electronics market. However, harsh space conditions remain a challenge for market players during the forecast period. On the other hand, demand for small and lightweight electronics is likely to act as a key opportunity for the players involved in the space electronics market for the coming years.
Global Space Electronics Market - Company Profiles
- BAE Systems plc
- Cobham plc
- HEICO Corporation
- Honeywell International Inc.
- Microsemi (Microchip Technology Inc.)
- Teledyne e2v (UK) Ltd
- Texas Instruments Incorporated
- TT Electronics
- Xilinx Inc.
Space Electronics Market report provides an in-depth insight of Industry covering all important parameters including development trends, challenges, opportunities, key manufacturers and competitive analysis. The research report focuses on the leading competitors of the Space Electronics Market and provides information such as the company overview, product portfolio, key developments, price, cost, value, volume, revenue, capacity, production, and contact information.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Space Electronics Market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Space Electronics Market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
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The report analyzes factors affecting space electronics market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive Porter's Five Force analysis.
GLOBAL SPACE ELECTRONICS MARKET SEGMENTATION
Global Space Electronics Market - By Platform
• launch vehicles
Global Space Electronics Market - By Component
• integrated circuits
• discrete semiconductors
Global Space Electronics Market - By Subsystem
• structural subsystem
• tracking & command subsystem
• thermal control subsystem
• attitude & velocity control subsystem
• electric power & distribution subsystem
• telemetry subsystem
Global Space Electronics Market - By Geography
• North America
o Rest of Europe
• Asia Pacific (APAC)
o Rest of APAC
• Middle East & Africa (MEA)
o South Africa
o Saudi Arabia
o Rest of MEA
• South America (SAM)
o Rest of SAM
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