space semiconductor market Overview By Size, Share, Trends, Growth Factors, Historical Analysis, Opportunities and Industry Segments Poised for Rapid Growth by 2028
The ongoing COVID-19 pandemic situation has adversely impacted the market. As, there was disruption in supply chain. This led to slow operations of market players, thereby resulting halt of many ongoing projects. Moreover, due to COVID several launches were delayed and many governments reduced the budget to manage the COVID emergency. However, the market is expected to revive during the forecast period.
By type the market is divided into radiation hardened grade, radiation tolerant grade, and others. By component the market is segmented into integrated circuits, discrete semiconductors devices, optical device, microprocessor, memory, sensors, and others. By application it is divided into satellite, launch vehicles, deep space probe, and rovers and landers. Finally, based on region, the market is categorized into North America, Europe, Asia Pacific, the Middle East & Africa and Rest of the World.
What does the Report Provide?
This market report provides a detailed analysis of several factors such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers different regions, contributing to the growth of the market. It includes the competitive landscape that involves the leading companies and the adoption of strategies to introduce new products, announce partnerships, and collaboration to contribute to the market growth.
Development of Radiation Tolerant Grade Semiconductor to Fuel Market Growth
The focus on development of radiation-hardened grade and radiation tolerant grade semiconductor solutions by companies such as Teledyne Technologies Incorporated, Texas Instruments Incorporated, Infineon Technologies AG, Microchip Technology Inc. (Microsemi Corporation), and TE Connectivity is expected to promote the space semiconductor market growth. For instance, in June 2021, Microchip Technology Inc. launched its novel GMICP2731-10 GaN MMIC power amplifier using GaN-On-Silicon Carbide (SiC) technology and ideally for satellite terminals. This new technology helps in maintaining signal fidelity by allowing Earth stations to transmit at high RF levels without compromising the quality of the signal.
Get Customized PDF Reports: -
North America to Dominate Backed by Presence of Commercial Space Organizations
North America is expected to remain at the forefront and hold the highest position market during the forecast period. This is attributable to involvement of NASA in numerous space-related operations in the United States. Moreover, presence of commercial space organizations such as Space have fueled the regional market. The region’s market stood at USD 0.86 billion in 2020.
Europe is expected to show significant space semiconductor market share owing to the active involvement of European Space Agency in development of of next-generation space materials and components.
Key Players to Focus on New Launches to Strengthen their Market Prospectus
The global market for space semiconductor devices contains a large number of prominent companies that are constantly trying to develop unique devices to cater to the demand from patients across the globe. To do so, they are joining hands with local or reputed firms, launching new solutions to strengthen their portfolio in the market. Below is a recent industry development:
• May 2021 – Infineon Technologies AG launched its next-generation radiation-hardened 144Mbit QDR-II+ SRAM for radar, onboard data processing, and networking applications in space. This new technology is QML-V, certified. It is the highest quality and reliability standard certification for aerospace-grade ICs.
List of Key Players Profiled in Report
• Teledyne Technologies Incorporated (U.S.)
• Infineon Technologies AG (Germany)
• Texas Instruments Incorporated (U.S.)
• Microchip Technology Inc. (U.S.)
• Cobham Advanced Electronic Solutions Inc. (U.K.)
• STMicroelectronics International N.V. (Switzerland)
• Solid State Devices Inc. (U.S.)
• Honeywell International Inc. (U.S.)
• Xilinx Inc. (U.S.)
• BAE System Plc (U.K.)
• TE Connectivity (Switzerland)
Fortune Business Insights™ Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune - 411045, Maharashtra, India.
US: +1 424 253 0390
UK: +44 2071 939123
APAC: +91 744 740 1245
Fortune Business Insights™
LinkedIn | Twitter | Blogs
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release space semiconductor market Overview By Size, Share, Trends, Growth Factors, Historical Analysis, Opportunities and Industry Segments Poised for Rapid Growth by 2028 here
News-ID: 2479245 • Views: 137
More Releases from Fortune Business Insights
Smart Robot Market 2021 Reach Valued At $ 31.11 billion And Grow At A 23.1% CAGR …
Smart Robot Market 2021-2028 New study report ” Smart Robot Market 2021 Global Market Opportunities, Challenges, Strategies, and Forecasts 2028″ has been added to Fortune Business Insights. Market Overview- The global smart robot market size is expected to reach USD 31.11 billion by 2027, exhibiting a CAGR of 23.1% during the forecast period. Rapid industrialization coupled with intelligent infrastructure projects will contribute positively to the growth of the market, states Fortune Business Insights,
Competitive Intelligence Tools Market 2021 Net Worth is US$ 82.0 million and For …
Competitive Intelligence Tools Market 2021-2028 New study report ” Competitive Intelligence Tools Market 2021 Global Market Opportunities, Challenges, Strategies, and Forecasts 2028″ has been added to Fortune Business Insights. Market Overview- The global competitive intelligence tools market size is expected to reach USD 82.0 million by 2027, exhibiting a CAGR of 10.3% during the forecast period. The digital transformation coupled with heavy investment in analytics by companies can have an incredible effect
360 Degree Feedback Software Market 2021 Industry Analysis BY Key Players - Peop …
360 Degree Feedback Software Market 2021-2028 New study report ” 360 Degree Feedback Software Market 2021 Global Market Opportunities, Challenges, Strategies, and Forecasts 2028″ has been added to Fortune Business Insights. Market Overview- The global 360 Degree feedback software market is set to gain traction from the rising need to determine the level of employee engagement. As per the State of the Global Workplace report, if employees are unsatisfied or unhappy at the
Payment Processing Solutions Market 2021 Estimated To Grow At 11.7% CAGR and For …
Payment Processing Solutions Market 2021-2027 New study report ” Payment Processing Solutions Market 2021 Global Market Opportunities, Challenges, Strategies, and Forecasts 2027″ has been added to Fortune Business Insights. Market Overview- The global payment processing solutions market size is expected to showcase an exponential growth by reaching USD 116.17 billion by 2027. This is attributable to the increasing adoption of value-added services by major Fintech firms, along with the growing demand for payments
More Releases for Insight
Market Growth Insight
New Study On PET Back Sheet Market: According to the ‘Market Growth Insight’, the PET Back Sheet market is anticipated to be estimated at USD XX billion along with CAGR of XX% over the forecast period 2020 - 2025. The PET Back Sheet study contains details on various segments of the market including product, grade, and application. The Global PET Back Sheet Market Report offered key insights on each of these
Tagraxofusp - API Insight, 2018
Tagraxofusp, sold under the brand name of Elzonris, is an Interleukin 3 (IL-3) conjugated truncated diphtheria toxin. It is composed of catalytic and translocation domains of diphtheria toxin fused via Met-His linker to a full-length human IL-3. Download the sample report @ https://www.pharmaproff.com/request-sample/1168 Tagraxofusp was developed by Stemline Therapeutics Inc. and was approved in December 2018, as the first therapy for blastic plasmacytoid dendritic cell neoplasm. This drug achieved approval after
Cabozantinib- API Insight, 2018
Cabozantinib, sold under the brand name of Cabometyx and Cometriq, is used for the treatment of medullary thyroid cancer and a second line treatment for renal cell carcinoma. It is a small molecule inhibitor of the tyrosine kinases c-Met and VEGFR2, and also inhibits AXL and RET. Download the sample report @ https://www.pharmaproff.com/request-sample/1164 Discovered and developed by Exelixis Inc., its side-effects include increased liver enzymes, diarrhea, low calcium, mouth sores, decreased
Australia – A Dataforce insight
Australia, the land of the Ute (Pickup), Cyber Cars (Dealer volume demos), Novated leasing and annual registrations of around 1.1 million new cars has now become one of the latest markets to enter our portfolio. We are putting together a series of articles to hopefully give some fresh Dataforce insights into the Australian market place, with a firm eye on the True Fleet channel. With a constantly expanding population and
The Insight Partners
A complete Cholesterol Testing Market - also called a lipid panel or lipid profile - is a blood test that can measure the amount of cholesterol and triglycerides in your blood. A cholesterol test can help determine your risk of the buildup of plaques in your arteries that can lead to narrowed or blocked arteries throughout your body (atherosclerosis).High cholesterol levels usually don't cause any signs or symptoms, so a
Global Radiopharmaceuticals Market Insight
Radioisotopes are radioactive isotopes having an unstable balance of atomic nucleus. Radioisotopes are produced either by using nuclear research reactor or by using cyclotron. These isotopes emit energy in the form of alpha, beta or gamma when changed to a stable nature. The gamma rays, thus emitted are used in Nuclear medicine, specifically in medical diagnostics. In this field, the radiation is used to provide diagnostic information about a