The radiation-hardened electronics market share is expected to grow at a CAGR of 4.02% between 2022 and 2027. The growing surveillance and reconnaissance and product launches provide a promising ground for the radiation-hardened electronics market.
Satellites are used for specific mission profiles, such as surveillance, reconnaissance, and navigation. The focus on the local development of appropriate command and control systems is increasing. These developments are expected to drive the growth of the global radiation-hardened electronics market during the forecast period.
Browse Technavio's 170-page report and in-depth TOC on "Radiation-hardened Electronics Market by product type (custom-made and commercial-off-the-shelf), component (power management, mixed-signal ICS, processors and controllers, and memory), and geography (North America, Europe, APAC, South America, and Middle East and Africa).
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The radiation-hardened electronics market is segmented by product type (custom-made and commercial-off-the-shelf), component (power management, mixed-signal ICS, processors and controllers, and memory), and geography (North America, Europe, APAC, South America, and Middle East and Africa).
The market share growth by the custom-made segment will be significant during the forecast period. The custom-made segment is expected to grow owing to high-end custom radiation-hardened electronics devices in space applications. North America is estimated to contribute 40% to the growth of the global market. The US is the major contributor to the market in North America owing to growing end-user industries such as space and aerospace and defense, increasing government investment, and the presence of numerous vendors.
The challenges and limitations of radiation detection and monitoring instruments are major issues impeding the market growth. The availability of equipment that can detect very low levels of radiation and differentiate between the different sources of radiation is low. Radiation detection instruments can register higher radiation values from natural radiation sources and, thus, provide false alarms, which can lead to the need for secondary scanning. Hence, such factors may hinder the growth of the market during the forecast period.
The market structure is fragmented, and the vendors are implementing various strategies such as technological innovations to compete in the market.
Some of the major radiation-hardened electronics market vendors are Advanced Micro Devices Inc., Aitech, Amphenol Corp., Analog Devices Inc., BAE Systems Plc, Data Device Corp., Everspin Technologies Inc., Frontgrade Technologies, GSI Technology Inc., HEICO Corp., Honeywell International Inc., Infineon Technologies AG, Mercury Systems Inc., Microchip Technology Inc., Renesas Electronics Corp., Space Micro Inc., STMicroelectronics NV, Teledyne Technologies Inc., Texas Instruments Inc., and TTM Technologies Inc.
amd.com - The company offers radiation-hardened electronics such as Virtex-5QV FPGA
amphenol.com- The company offers radiation-hardened electronics such as radiation-hardened accelerometers.
analog.com- The company offers radiation-hardened electronics such as ADI commercial-off-the-shelf plastic components.
Download the PDF Sample Report for highlights on the market size, growth momentum, regional growth opportunities, vendor analysis, and other factors influencing the market growth.
Precise market size estimation during the forecast period 2023-2027.
CAGR of the radiation-hardened electronics market forecast during 2023-2027.
Market-level data on units, average selling prices, and values of the radiation-hardened electronics market share.
Prediction of the upcoming trends, drivers, and factors that challenge the radiation-hardened electronics market.
Radiation-hardened electronics market growth across North America, Europe, APAC, South America, and Middle East and Africa.
