Space Electronics Market

SKU: DM494 | Last Updated On: Dec 01 2021 | No. of Pages: 180 | Available Formats

> Global Space Electronics Market Expected to reach a high CAGR of 5% By 2028: DataM Intelligence

Global Space Electronics Market is segmented By Product Type (Radiation-Hardened Space Electronics, Radiation-Tolerant Space Electronics), By Application (Satellite, Launch vehicle), By Component Type (Space-Grade Discrete Semiconductors, Space-Grade Optoelectronics, Space-Grade Integrated Circuits), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2021-2028.

 

Market Overview

The Global Space Electronics Market is expected to grow at a high CAGR of 5% during the forecasting period ( 2021-2028).

  • The growing use of space electronics for operating spacecraft, satellites, and deep-space probes is putting pressure on the rad-hard community to deliver technology with high performance and low cost.

  • Space is a complicated place, especially when it comes to electronic components like microprocessors, solid-state memory, and network interfaces. Modern electronic components were not designed to operate in a radiation environment.

  • The radiation-hardened electronic parts are to resist the effects of radiation, but it’s expensive to do this. Moreover, the overall demand for rad-hard electronic parts is relatively low, which can drive up their costs even more. There are other ways of dealing with space radiation, ranging from redundant subsystems, selective shielding, and up screening commercial off-the-shelf (COTS) electronics for enhanced reliability.

Market Drivers

  • The Increasing production of satellites especially the small moons is driving the global space electronics market.
  • The increase in the involvement of countries in space activities is driving the growth of the global Space electronics market.

  • The technological advancements for product development in space activities will further drive the growth in the global space electronics market.

  • The high cost of electronic space products is a significant restraint for the growth of the global space electronics market.

Market Segmentation

By Product Type

  • Radiation-Hardened Space Electronics

  • Radiation-Tolerant Space Electronics

By Application

  • Satellite

  • Launch vehicle

  • Others

By Components Type

  • Space-Grade Discrete Semiconductors

  • Space-Grade Optoelectronics

  • Space-Grade Integrated Circuits

  • Others

By Region

  • Asia Pacific

  • Europe

  • North America

  • South America

  • Rest of the World

  • The space electronics market is segmented on an application such as Satellite, Launch vehicles, and Others. The satellite segment accounts for a significant market share, and it is expected to grow in the forecast period.
  • Due to the increasing involvement of commercial space companies, such as Space X, Sky and Space Global Ltd, and OneWeb Satellites, and the expected launch of more than 4,000 satellites during the forecast period which will increase the demand for electronics products in the satellite segment.

  • In the geography segment, North America is dominating the global space electronics market, and it is expected to grow at a higher pace in the forecast period because NASA is the largest space agency in the world, which is involved in space-related activities and is situated in the USA. The presence of many companies in space activities within this region is driving the demand of the space electronics market.

Competitive Landscape 

  • Companies are developing new products with improved performance for space applications to be competitive in the market.

  • For instance, In April 2018, TT Electronics, a global provider of engineered electronics for performance-critical applications, has introduced its New Space Electronics® range. TT Electronics’ New Space Electronics® offers a solution that delivers reduced screening, and it is fully traceable with proven space-grade heritage.

  • In September 2018, TT Electronics has introduced the WDBR-UL series of ultra-low profile high power resistors; it is a thick film design. Developed on the existing WDBR product, the new series’ creepage, clearances, and power ratings have been assessed by the demands of UL508, easing the compliance burden for UL-approved end users.

Why purchase the report?

  • Visualize the composition of the Space electronics market across each indication, regarding by product type, by application, and by component highlighting the critical commercial assets and players.

  • Identify business opportunities in the Space electronics market by analyzing trends and co-development deals.

  • Excel data sheet with thousands of data points of the Space electronics market-level 4/5 segmentation

  • PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study

  • Product mapping in excel for the Space electronics products of all major market players.

Target Audience

  • Raw Material Suppliers/ Buyers

  • Product Suppliers/ Buyers

  • Industry Investors/Investment Bankers

  • Education & Research Institutes

  • Research Professionals

  • Emerging Companies

  • Manufacturer

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Table of Contents

1. Space Electronics Market – Scope and Methodology

1.1. Research Methodology

1.2. The scope of the market

2. Space Electronics Market – Trends and Developments

2.1. Key Market Trends and Developments

3. Space Electronics Market – Industry Analysis

3.1. Drivers

3.2. Restraints

3.3. Porter’s Five Forces Analysis

4. Space Electronics Market – Segmentation by product

4.1. By Product Type

4.1.1. Radiation-Hardened Space Electronics

4.1.2. Radiation-Tolerant Space Electronics

4.2. By Application

4.2.1. Satellite

4.2.2. Launch vehicle

4.2.3. Others

4.3. By Component Type

4.3.1. Space-Grade Discrete Semiconductors

4.3.2. Space-Grade Optoelectronics

4.3.3. Space-Grade Integrated Circuits

4.3.4. Others

5. Space Electronics Market – Segmentation by geography

5.1. North America

5.1.1. U.S.A

5.1.2. Mexico

5.1.3. Canada

5.2. Europe

5.2.1. Germany

5.2.2. U.K.

5.2.3. France

5.2.4. Rest of Europe

5.3. South America

5.3.1. Brazil

5.3.2. Argentina

5.3.3. Rest of South America

5.4. Asia Pacific

5.4.1. China

5.4.2. India

5.4.3. Japan

5.4.4. Rest of Asia Pacific

5.5. Rest of the World

6. Space Electronics Market – Competitive Landscape

6.1. Market Share/ Rank Analysis

6.2. Key strategies adopted by market players

7. Space Electronics Market – Company Profiles

7.1. BAE Systems Plc.

7.2. Cobham Plc.

7.3. ON Semiconductor

7.4. HEICO Corporation

7.5. Microsemi Corporation

7.6. Honeywell International Inc.

7.7. ST Microelectronics N.V.

7.8. Texas Instruments

7.9. Teledyne e2v

7.10. TT Electronics Plc.

8. Space Electronics Market – Appendix

8.1. Sources

8.2. List of Tables

8.3. Expert Panel Validation

8.4. Disclaimer

8.5. Contact Us

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