Press release
Radiation-Hardened Electronics Market Size & Analysis by 2027 | IMARC Group
According to the latest report by IMARC Group, titled "Radiation-Hardened Electronics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027.' the global radiation-hardened electronics market reached a value of US$ 1.3 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 1.6 Billion by 2027, exhibiting at a CAGR of 3% during 2022-2027.Radiation-hardened electronics represent a range of components, sensors, and single-board computer CPUs, primarily utilized for high-altitude applications. They are designed using several types of materials, including silicon, silicon carbide, gallium nitride, etc. Radiation-hardened electronics are mostly integrated into aircraft, satellites, and nuclear power plants in the form of microprocessors, switching regulators, and power supply devices. They are resistant to the damages caused by ionizing radiations, gamma radiations, and neutron radiations emitted by nuclear reactors and are less susceptible to the impacts of extreme temperatures. As a result, radiation-hardened electronics find extensive applications across various sectors, such as aviation, space, military and defense, etc.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Radiation-Hardened Electronics Market Trends:
The elevating number of space missions and exploratory activities are primarily driving the radiation-hardened electronics market. Besides this, the escalating need for communication satellites for intelligence, surveillance, and reconnaissance (ISR) operations is acting as another significant growth-inducing factor. Moreover, the increasing product usage in the manufacturing of power management instruments, diodes, transistors, and metal-oxide-semiconductor field-effect transistors (MOSFET) for numerous defense and military applications is further augmenting the market growth. Additionally, the development of highly reliable integrated circuits and the introduction of improved field-programmable gate array (FPGA) technology are anticipated to propel the radiation-hardened electronics market in the coming years.
Key Market Segmentation:
IMARC Group 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.
Competitive Landscape:
Analog Devices Inc
BAE Systems plc
Cobham Plc (Advent International)
Data Device Corporation (Transdigm Group Incorporated)
Honeywell International Inc
Microchip Technology Inc
STMicroelectronics
Texas Instruments Incorporated
The Boeing Company
Xilinx Inc., etc.
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:
Power Management
Application Specific Integrated Circuit
Logic
Memory
Field-Programmable Gate Array
Others
Breakup by Application:
Space Satellites
Commercial Satellites
Military
Aerospace and Defense
Nuclear Power Plants
Others
Breakup by Region:
North America
Asia Pacific
Europe
Latin America
Middle East and Africa
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Note: We are updating our reports, If you want the report with the latest primary and secondary data (2022-2027) including industry trends, market size and Competitive landscape, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.
Key highlights of the report:
Market Performance (2016-2021)
Market Outlook (2022-2027)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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