TMCnet News

Radiation Hardened Electronics Market worth $2.1 billion by 2029 - Exclusive Report by MarketsandMarkets™
[March 06, 2024]

Radiation Hardened Electronics Market worth $2.1 billion by 2029 - Exclusive Report by MarketsandMarkets™


CHICAGO, March 6, 2024 /PRNewswire/ -- The radiation-hardened electronics market is expected to grow from USD 1.7 billion in 2024 to USD 2.1 billion by 2029.; it is expected to grow at a CAGR of 4.8% from 2024 to 2029 according to a new report by MarketsandMarkets™. The use of radiation-hardened electronics in military missions is undergoing significant growth; for instance, modern military platforms like fighter jets, tanks, and drones integrate numerous electronic systems. Radiation hardening ensures the reliable operation of these systems within the complex electromagnetic environment of modern warfare.

MarketsandMarkets_Logo

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=44047967

Browse in-depth TOC on "Radiation Hardened Electronics Market"

182 – Tables
59 – Figures
260 – Pages

Radiation Hardened Electronics Market Report Scope:





Report Coverage

Details

Market Revenue in 2024

$ 1.7 billion

Estimated Value by 2029

$ 2.1 billion

Growth Rate

Poised to grow at a CAGR of 4.8%

Market Size Available for

2020–2029

Forecast Period

2024–2029

Forecast Units

Value (USD Million/Billion)

Report Coverage

Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

Segments Covered

By Component, Manufacturing Techniques, Product Type, Application and Geography

Geographies Covered

North America, Europe, Asia Pacific, and Rest of World

Key Market Challenge

Customized requirements from high-end consumers

Key Market Opportunities

Increasing demand for commercial-off-the-shelf components in space satellite

Key Market Drivers

Increasing intelligence, surveillance, and reconnaissance (ISR) activities



Mixed-signal ICs component to hold the significant market size of radiation-hardened electronics industry during the forecast period.

Analog devices play a crucial role in the semiconductor industry, where analog-to-digital conversion is extensively required in microcontrollers and signal processing. Similarly, mixed-signal devices can process analog and digital systems simultaneously. The system can be implemented as a hybrid microcircuit, a single IC chip, or a printed circuit board. For use in space and other related applications, these devices need to be hardened against the effects of radiation in digital and analog circuits.

Custom-made in product type segment is expected to grow at the second fastest CAGR during the forecast period.

Custom-made radiation-hardened electronic components include a custom digital ASIC platform, microprocessors, analog and mixed-signal processing components, custom magnetics, discrete power transistors, and fiber-optic components. These are radiation-hardened by design itself. These components need to meet all the aspects of the guidance architecture, including mechanical shielding, module layout considerations, power conditioning, and other instrument support circuits.

Inquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=44047967

ROW expected to grow with second highest CAGR the radiation-hardened market during the forecast period.

The Rest of the World market is studied for the Middle East, Africa, GCC, and South America. Technology advancements such as miniature satellites have made the manufacture and launch of satellites cost-efficient. The concept of hosted satellite launches has also enabled governments, scientific institutions, and organizations to benefit by means of frequent access to space with shorter lead times and lower costs than dedicated missions. All these factors are expected to drive the market in the Rest of the World.

Key Market Players

Major players in radiation-hardened electronics companies are Microchip Technology Inc. (US), BAE Systems (UK), Renesas Electronics Corporation (Japan), Infineon Technologies AG (Germany), STMicroelectronics (Switzerland), AMD (US), Texas Instruments Incorporated (US), Honeywell International Inc. (US), Teledyne Technologies Inc. (US), and TTM Technologies, Inc. (US). SMEs/startups covered in the study are Cobham Limited (UK), Analog Devices, Inc (US), Data Devices Corporation (US), 3D Plus (France), Mercury Systems, Inc. (US), PCB Piezotronics, Inc (US), Vorago (US), Micropac Industries, Inc (US), GSI technology, Inc (US), Everspin Technologies Inc (US), Semiconductor Components Industries, LLC (US), AiTech (US), Microelectronics Research Development Corporation (US), Space Micro, Inc (US), and Triad Semiconductor (US).

Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=44047967

Browse Adjacent Market: Semiconductor and Electronics Market Research Reports &Consulting

Related Reports: 

FPGA Market by Configuration (Low-end FPGA, Mid-range FPGA, High-end FPGA), Technology (SRAM, Flash, Antifuse), Node Size (=16 nm, 20-90 nm, >90 nm), Vertical (Telecommunications, Data Center & Computing, Automotive) & Region - Global Forecast to 2029

Silicon on Insulator (SOI) Market by Wafer Size (200 mm and less than 200 mm, 300 mm), Wafer Type (RF-SOI, FD-SOI, Power-SOI, Emerging-SOI), Technology (Smart Cut), Product (MEMS Devices, RF FEM Products), Application and Region - Global Forecast to 2027

Microprocessor and GPU Market with COVID-19 Impact Analysis by Architecture, Functionality, GPU Type, Deployment, Application (Consumer Electronics, Server and Data Center, Automotive, BFSI, Industrial), and Geography - Global Forecast to 2025

Embedded System Market by Hardware (MPU, MCU, Application-specific Integrated Circuits, DSP, FPGA, and Memories), Software (Middleware, Operating Systems), System Size, Functionality, Application, Region - Global Forecast to 2025

Hardware Encryption Market by Product Type (External HDD, Internal HDD, SSD, Inline Network Encryptor, USB Flash Drive), Application (Consumer Electronics, Aerospace & Defense, Transportation, Healthcare) and Region – Forecast to 2027

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:
Mr. Aashish Mehra

MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]
Visit Our Web Site: https://www.marketsandmarkets.com/
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/radiation-hardened-electronics-market.asp
Content Source: https://www.marketsandmarkets.com/PressReleases/radiation-hardened-electronics.asp

Logo: https://mma.prnewswire.com/media/2297424/MarketsandMarkets_Logo.jpg

 

Cision View original content:https://www.prnewswire.co.uk/news-releases/radiation-hardened-electronics-market-worth-2-1-billion-by-2029---exclusive-report-by-marketsandmarkets-302081010.html


[ Back To TMCnet.com's Homepage ]