The Global Radiation-Hardened Electronics Market is projected to reach a value of over USD 1.91 billion by 2027 at a CAGR of around 5.2%.
A process of making semiconductor and electronics devices resistant to damage caused by the radiation is called as radiation hardening. The space radiation environment can create extreme harsh operating conditions for on-board electronics. Radiation accelerates the aging of the electronic parts and materials which might decreases electrical performance. Moreover, electronics operating in space applications are subject to extreme temperatures ranges from -55°C to 125°C for mission lifetimes that can exceed 15 years. To combat such challenges, many global players has developed large product portfolio of high-reliability radiation-hardened products designed to operate successfully in these harsh environments. Key players in the radiation-hardened electronics market are Texas Instruments Incorporated, STMicroelectronics, Microchip technology Inc., and Renesas Electronics Corporation among others.
Market Driver:
Satellites are the man-made objects put into the orbital area. satellite navigation is one of the important application of the satellite communication enable anyone with a handheld receiver to determine her location to within a few meters. GPS locators are increasingly used in in-car services and car-share services. GPS-based navigation systems are used by military and civilians for navigation on land, sea, and air to get information of bad weather or troops lost in unknown territory. Moreover, increase the use of television, smartphones, climate & environmental monitoring also increases the need of satellite will have expected to drive the market during forecast period.
Market Challenges:
The space environment has very harsh operating conditions for on-board electronics. This harsh operating condition may damage the whole component or may lead to operational performance failure. Hence manufacturers of the rad-hard electronics invested more revenue on new product development, R&D of rad-hard products, and investing in creation of artificial testing environment for product testing. In this process, process time of the manufacturing of the product is high due to time taking procedure of developing number of samples, testing number of samples, and make them highly reliable for operational performance. If product design may not be suitable for the system, then it will have expected to create the manufacturing and design challenges for rad-hard market during assessment period.
The report on the radiation-hardened electronics market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
Report Features |
Specifics |
---|---|
Historical/Estimated/Forecasted Market Size Years |
2019-2027 |
Base Year for Market Calculation |
2020 |
Forecasted Period |
2021-2027 (2021 estimated year, forecasted up to 2027) |
Measured Units |
Value (USD Million) |
Segments Included |
Manufacturing Technique, Component, Application and Region |
Regional Coverage |
North America, Asia-Pacific, Europe, Middle East & Africa, South America |
For the scope of the report, In-depth segmentation is offered by Forencis Research
Radiation-Hardened Electronics Market, by Manufacturing Technique
Radiation-Hardened Electronics Market, by Component
Radiation-Hardened Electronics Market, by Application
Radiation-Hardened Electronics Market, by Region
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE RADIATION-HARDENED ELECTRONICS MARKET STUDY
Note1: Tentative table of contents, may get updated during the course of research.
Note2: Company financial information is subject to availability in public domain
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE STUDY