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Space Power Electronics Market 2022 Driving Factors Forecast Research 2028

11-28-2022 07:52 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: orion market research

Space Power Electronics Market

Space Power Electronics Market

The global space power electronics market is anticipated to grow at a significant CAGR of 16.5% during the forecast period. Space power electronics controls and converts electric power from one form to other. It is the application of electronics on satellites, spacecraft, launch vehicles, space stations and rovers that process high voltages and currents to deliver power that supports a variety of needs. The major factor driving the growth of the global space power electronics market during the forecast is the increasing demand for wide bandgap materials such as silicon carbide (SiC) and gallium nitride (GaN) across the globe. These materials are used to make space power cables and provide significant performance improvements. Additionally, the miniaturization of space DC-DC converters is offering lucrative opportunities for the growth of the global space power electronics market during the forecast period.

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The COVID-19 pandemic had a positive impact on the global Space Power Electronics market. During COVID-19, as of May 2020, 212 countries had been impacted by the pandemic, and the governments of these countries had ordered nationwide lockdowns which impacted the operations of several industries. Additionally, the disruptions in the supply chain halted manufacturing processes of space power electronics, subsystems, and components which in turn is impacted the growth of the market. However, as the COVID-19 situation normalizes, the global space power electronics market started recovery as industrial operations were normalized after the COVID-19 pandemic.

full report of Space Power Electronics Market Market available @ https://www.omrglobal.com/industry-reports/space-power-electronics-market

• Market Coverage
• Market number available for - 2022-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others

Market Segmentation
Global Space Power Electronics Market by Device Type
o Power Discrete
o Power Module
o Power IC
Global Space Power Electronics Market by Application
o Satellite
o Spacecraft & Launch Vehicle
o Rovers
o Space stations

Global Space Power Electronics Market by Platform Type
o Power
o Command and data handling
o ADCS
o Propulsion
o TT&C
o Structure
o Thermal system

Global Space Power Electronics Market by Voltage
o Low Voltage
o Medium Voltage
o High Voltage

Regional Analysis
o North America
o United States
o Canada
o Europe
o UK
o Germany
o Italy
o Spain
o France
o Rest of Europe
o Asia-Pacific
o China
o India
o Japan
o South Korea
o Rest of Asia-Pacific
o Rest of the World

Company Profiles
o Analog Devices, Inc.
o AIRBUS
o BAE Systems PLC
o Cobham Ltd.
o CRANE CO.
o HEICO Corp.
o MICROCHIP TECHNOLOGY INC.
o NXP Semiconductors
o RUAG Group
o Vishay Intertechnology, Inc.

The Report Covers
• Market value data analysis of 2021 and forecast to 2028.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global space power electronics market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market entry and market expansion strategies.
• Competitive strategies by identifying 'who-stands-where' in the market.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/space-power-electronics-market

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

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