Press release
Space DC-DC Converter market: Players tapping Emerging Markets | STMicroelectronics N.V., Astronics Corporation, AJ's Power Source, Inc. (AJPS)
Space DC-DC Converter
The global space DC-DC converter market size reached USD 32.1 Million in 2020 and is expected to register a revenue CAGR of 8.1%, during the forecast period, according to latest analysis by Emergen Research. Some key factors driving global space DC-DC converter market revenue growth are increasing deployment of small satellites and increasing miniaturization of space DC-DC converters. Development of thick-film hybrid DC-DC converters is expected to boost revenue growth of the market over the forecast period. For space design applications, thick-film hybrid DC-DC converters provide unique size, weight, efficiency, and cost savings. Because these are available in various power levels, output voltage/current rates, built-in functional capabilities, and form factor combinations, these are suitable building block modules that match the commercial equivalents' brick design. With thorough design analyses and validation record-keeping, next-generation hybrid bricks provide design solutions with significant cost savings and decreased design time.
However, rising amount of space debris is expected to hamper growth of the global space DC-DC converter market over the forecast period due to limitations or restrictions related to launches. The number of particles with a diameter of 1 to 10 cm was estimated to be around 500,000 and particles bigger than 1 mm are estimated to be in the hundreds of millions. The volume of materials orbiting Earth had reached 8,000 metric tons as of January 2020.
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Global Space DC-DC Converter Market Report - Segmental Analysis:
The global Space DC-DC Converter business vertical has been extensively categorized on the basis of product type, application gamut, end-user industries, and a competitive overview. The report inspects the current market scenario, its past performance, demand and supply ratios, production and consumption rates, sales, and numerous growth opportunities available in the market. It further estimates the prospective growth of the leading regional segments of the market, which is beneficial for readers to gain impactful insights into the Space DC-DC Converter business sector. A clear outline of the competitive landscape of the market is expected to help businesses involved in this sector decipher the optimal business moves to reach their desired business goals.
Emergen Research has segmented the global space DC-DC converter on the basis of platform, type, form factor, application, input voltage, output voltage, output power, and region:
Platform Outlook (Revenue, USD Million; 2018-2028)
Launch Vehicles
Satellites
Interplanetary Spacecraft & Probes
Capsules & Cargos
Rovers & Spacecraft Landers
Type Outlook (Revenue, USD Million; 2018-2028)
Isolated
Non-Isolated
Form Factor Outlook (Revenue, USD Million; 2018-2028)
Enclosed
Chassis Mount
Discrete
Brick
Others
Application Outlook (Revenue, USD Million; 2018-2028)
Electric Power Subsystem
Attitude & Orbital Control System
Command & Data Handling System
Surface Mobility & Navigation Systems
Environmental Monitoring Systems
Power Conditioning Unit
Satellite Thermal Power Box
Others
Input Voltage Outlook (Revenue, USD Million; 2018-2028)
75V
Output Voltage Outlook (Revenue, USD Million; 2018-2028)
3V
5V
12V
15V
24V
28V
Output Power Outlook (Revenue, USD Million; 2018-2028)
100 W
Key Geographies Profiled in the Report:
North America(the U.S., Mexico, and Canada)
Asia Pacific(China, Japan, India, and Rest of Asia Pacific)
Europe(the U.K., France, Germany, and Rest of Europe)
Latin America(Brazil and Rest of Latin America)
Middle East & Africa(GCC Countries and Rest of Middle East & Africa)
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Competitive Outlook:
This section of the report performs a thorough investigation into the intensely competitive landscape of the global Space DC-DC Converter market, highlighting the leading manufacturers, strategic initiatives adopted by them, the existing growth prospects, market positions, and market shares held by each participant. The report further emphasizes the developmental strategies undertaken by these companies, including product innovation, new product launches, and technological upgradation. Moreover, the report studies the notable business events observed in this industry, such as mergers & acquisitions, joint ventures, partnerships, corporate deals, and brand promotions. The key industry participants include:
STMicroelectronics N.V., Astronics Corporation, AJ's Power Source, Inc. (AJPS), Thales Group, Vicor Corporation, Airbus Group SE, Texas Instruments Incorporated, SynQor, Inc., Infineon Technologies AG, and Renesas Electronics Corporation
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Key Objectives of the Global Space DC-DC Converter Market Report:
An all-inclusive analysis and forecast estimation of the market have been included in this report.
The report offers valuable insights into the major drivers, limitations, opportunities, and challenges faced by the global Space DC-DC Converter market and its leading players.
The report sheds light on the prominent market contenders, as well as their business strategies and long-term expansion plans.
The report, additionally, presents a comprehensive analysis of the key elements of the Space DC-DC Converter market that influence its growth over the projected timeline. These vital elements include the key drivers, constraints, opportunities, limitations, threats, and micro and macro-economic factors. The authors of the report have implemented a set of analytical tools, such as SWOT analysis, Porter's Five Forces analysis, feasibility analysis, and investment return analysis, to offer strategic recommendations to the new entrants on how to overcome the entry-level barriers.
Thank you for reading our report. Please get in touch with us if you have any query regarding the report or its customization. Our team will ensure the report is best suited to your needs.
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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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