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Space Electronics Market 2023 - Industry Insights, New Trends, Growth, And Forecast To 2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Space Electronics Global Market Report 2023 identifies the increase in number of satellites is expected to propel the growth of the space electronics market.
The global space electronics market size is expected to grow from $2.32 billion in 2022 to $2.49 billion in 2023 at a compound annual growth rate (CAGR) of 7.0%. The space electronics market size is expected to grow to $3.21 billion in 2027 at a CAGR of 6.6%.
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Major competitors in the space electronics market are BAE Systems PLC, Microsemi Corporation, Texas Instruments Inc., Xilinx Inc., Cobham Limited, TT Electronics PLC, Teledyne e2v, Heico Corporation, Honeywell International Inc., ST Microelectronics NV, RUAG Holding, Analog Devices Inc., Renesas Electronics Corporation, Infineon Technologies Inc., and Arrow Electronics Inc.
Product innovation is a key trend in the space electronics market. Major players in the space electronics industry are concentrating on creating innovative product solutions to improve their market share.
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The space electronics market is segmented -
• By Type: Radiation Hardened, Radiation Tolerant
• By Component: Microprocessors And Controllers, Sensors, Application-Specific Integrated Circuits; Memory Chips, Power Source Cables, Discrete Semiconductors, Other Components
• By Platform: Satellite, Launch Vehicles, Deep Space Probes
• By Application: Communication, Earth Observation, Navigation, Global Positioning System (GPS), Technology Development And Education, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Space electronics market.
The Business Research Company's "Global Space Electronics Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Space Electronics Market Include:
1. Space Electronics Market Executive Summary
2. Space Electronics Market Segments
3. Space Electronics Market Size And Space Electronics Market Growth Rate
4. Key Space Electronics Market Trends
5. Major Space Electronics Market Drivers
……
25. Key Mergers And Acquisitions In The Space Electronics Market
26. Top Space Electronics Companies
27. Space Electronics Market Opportunities And Strategies
28. Space Electronics Market, Conclusions And Recommendations
29. Appendix
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