Radiation Hardened Electronics Market Analysis: Size, Share, and Forecast 2027

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MarketsandMarkets Presents
The Radiation Hardened Electronics Market is
expected to grow from USD 1.5 billion in 2022 to
USD 1.8 billion by 2027. it is expected to grow
at a CAGR of 4.0 from 2022 to 2027. Increasing
technology advancements in multicore processors
for military and space-grade applications is
driving the market for radiation hardened
electronics. Moreover, increasing demand for
electronic systems that can withstand a severe
nuclear environment and rising intelligence,
surveillance, and reconnaissance (ISR) activities
across the globe plays a key role in driving the
growth of the Radiation Hardened Electronics
Market.
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MarketsandMarkets Presents
Power electronics component to hold the largest
size of radiation hardened electronics market
during the forecast period The power electronics
in component segment is expected to account for
the larger size of the radiation hardened
electronics market throughout the forecast
period. The growth is majorly driven with the
increasing use of MOSFET power electronic in
space and high reliability applications owing to
its high durability against high-energy-charged
particles and ionizing radiation. Manufacturers
are continuously focusing on accelerating the
performance of MOSFET devices for space
applications. Download PDF Brochure _at_
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MarketsandMarkets Presents
COTS in product type segment is expected to grow
at the fastest CAGR during the forecast
period The Radiation Hardened Electronics Market
for COTS segment holds for the majority of the
share and is expected to grow at the fastest CAGR
during the forecast period. The increasing
development in low-cost nanosatellites has
accelerated the growth opportunities for COTS
product type. COTS also delivers attractive
signal processing designs that further increase
their adoption among military space missions.
COTS offers an attractive option to decrease the
cost in space applications as they can be
replaced with pin out compatible ceramic
packages, which offer the same functionality as
the original device. This helps to achieve
significant cost savings and reduces the risk and
development time.
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MarketsandMarkets Presents
North America expected to dominate the radiation
hardened market during the forecast period The
North America region accounted for the largest
share of radiation hardened electronics market in
the forecast period. This dominance and growth
are driven by the increasing demand for
radiation-hardened components in commercial and
military satellite applications. The Department
of Defense (DoD) and other commercial industries
in the US require reliable radiation-hardened
microelectronics to support programs such as
nuclear modernization efforts and satellites.
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MarketsandMarkets Presents
North America expected to dominate the radiation
hardened market during the forecast period The
US government is continuously taking efforts to
maintain and expand domestic capabilities in the
manufacture of radiation-hardened microelectronic
components. For instance, in December 2021, the
US government issued an authorization for the
utilization of the Defense Production Act (DPA)
Title III to expand and strengthen the domestic
industrial base for radiation-hardened
microelectronics.
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MarketsandMarkets Presents
Key Players Microchip Technology Inc. (US), BAE
Systems (UK), Renesas Electronics Corporation
(Japan), Infineon Technologies AG (Germany),
STMicroelectronics (Switzerland), Xilinx, Inc.
(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), etc. Browse For More
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