Radiation-Hardened Electronics Market Size, Share, Growth Analysis 2022

The global radiation-hardened electronics market size was valued at USD 1,736.5 million in 2021 and is poised to grow at a significant CAGR of 5.3% during the forecast period 2022-28. Radiation-hardened electronics are electronic components, packages, and products that are designed for use in high-altitude applications. These components are made using materials like silicon, silicon carbide, gallium nitride, and hydrogenated amorphous silicon, which provide resistance to the damage caused by ionizing and high-energy radiation, as well as gamma and neutron radiation emitted by nuclear reactors. Radiation-hardened electronics are commonly used in satellites, aircraft, and nuclear power plants, where they serve as switching regulators, microprocessors, and power supply devices. Due to their ability to withstand radiation, they are widely used in the aviation, space, military, and defense industries, among others.

View the detailed report description here - https://precisionbusinessinsights.com/market-reports/radiation-hardened-electronics-market/

Radiation-Hardened Electronics Market Growth Factors:
The growth of the radiation-hardened electronics market from 2021 to 2028 is expected to be influenced by the global increase in intelligence, surveillance, and reconnaissance (ISR) operations. Furthermore, the market is expected to benefit from rapid advancements in field-programmable gate array (FPGA) and multicore processor technologies for military and space applications. The communication satellite sector is also likely to drive demand for radiation-resistant electronics, while the nuclear power industry is expected to boost demand for electronic systems that can withstand significant radiation exposure. Overall, these factors are anticipated to have a positive impact on the growth of the radiation-hardened electronics market.

The global radiation-hardened electronics market segmentation
1) By Component Type: Analog & Digital Mixed Signal Devices, Memory, Controllers & Processors, Power Management Component
2) By Manufacturing Technique: Rad-Hard by Design, Rad-Hard by Process
3) By Product Type: Custom-made, Commercial-Off-The-Shelf (COTS), by Application (Space, Aerospace & Defense, Nuclear Power Plants, Medical, Others

Radiation-Hardened Electronics Market Regional Analysis:
North America is expected to dominate the radiation-hardened electronics market over the forecast period, thanks to technological advancements and a large number of end-users, especially in the United States. In North America, the United States is a significant user of satellite-based telemetry and communication systems, which drives the demand for radiation-resistant electronics. In 2019, roughly twenty percent of all satellite launches were intended to meet the diverse needs of U.S.-based end-users. The region's robust R&D and manufacturing infrastructure, as evidenced by the presence of numerous prominent electronics manufacturing companies, has also contributed to its sustained growth in the target market. The United States is a leader in aerospace and defense applications, and the rapid adoption of network-centric warfare techniques is expected to further boost the market's growth prospects during the forecast period.

Request sample report at https://precisionbusinessinsights.com/request-sample/?product_id=54926

Key players profiles in the radiation-hardened electronics market report are BAE Systems PLC, Data Device Corporation, Honeywell International Inc., Infineon Technologies AG, Maxwell Technologies, Microchip Technology Inc, Renesas Electronics Corporation, STMicroelectronics, Texas Instruments Incorporated

Contact:
Mr. Satya
Precision Business Insights | Toll Free: +1 866 598 1553
Email: sales@precisionbusinessinsights.com
Kemp House, 152 - 160 City Road, London EC1V 2NX
Website: https://precisionbusinessinsights.com/ | D U N S® Number: 852781747

About Precision Business Insights:
We are a market research company that strives to provide the highest quality market research insights. Our diverse market research experts are enthusiastic about market research and therefore produce high-quality research reports. We have over 500 clients with whom we have a good business partnership and capacity to provide in-depth research analysis for more than 30 countries. In addition to deliver more than 150 custom solutions, we already have accounts with the top five medical device manufacturers.

Precision Business Insights offers a variety of cost-effective and customized research services to meet particular research requirements. We are a leading research service provider because of our extensive database built by our experts and the services we provide.

This release was published on openPR.