Global Space Electronics Market – Industry Analysis and Forecast (2019-2026)

Published by

Jul 30, 2021

Global Space Electronics Market is expected to reach US$ XX Mn by 2026 from US$ 1,316.25 Mn in 2019 at CAGR of XX %.

The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.

 

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Global Space Electronics Market Dynamics:

Space Electronics is the worlds top manufacturer of aerospace mass properties measurement instruments. Space electronics is a complex place, especially when it comes to electronic components like microprocessors, solid-state memory, and network interfaces. Modern electronic components were not designed to drive in a radiation environment.

The major driver of the space electronics market is the growing production of satellites especially the small satellites is driving the global space electronics market. The technological advancements for product development in space actions will further drive growth in the global space electronics market. The high cost of space electronic products is the main restraint for the growth of the global space electronics market.

Usual requirement is for 100 kilorads of total-dose radiation hardness. Nowadays radiation-hardened space processors typically are single-processor systems based on existing commercial or military computers. They drive at maximum required throughput, fault tolerance, and power levels. Air Force and NASA space experts, moreover, say they forestall future missions that will require an increase in throughput and wider variations in throughput, fault tolerance, and power levels.
Global Space Electronics Segment Analysis:

The report on the global space electronics market covers segments such as platform type, component type, subsystem type and product. By platform type, the satellite segment accounts for a major XX% market share and it is expected to grow during the forecast period. Owing to the increasing involvement of commercial space companies, such as Space X, Sky and Space Global Ltd, and One Web Satellites, and an expected launch of more than 4,000 satellites for the period of the forecast which will raise the demand for electronics product in the satellite segment.

Based on product type, radiation-hardened segment is anticipated to rise at healthy growth rates over the upcoming years. There are numerous ways through which electronic parts designers can harden their devices. One of the most common is to harden total-ionizing-dose radiation - or the amount of radiation the device is expected to withstand for its entire life before problems occur.
Global Space Electronics Regional Analysis:

Region-wise, North America is expected to hold the largest market share for space electronics market during the forecast period and is also expected to experience the highest growth during the same period. NASA, the largest space agency in the world, which is largely involved in space-related activities is in the USA. Moreover, the market entry of commercial space companies, such as Space X, propel the regions demand for space electronics in the coming years.

Europe and the APAC are also expected to offer good growth opportunities in the upcoming years. China, India, and Russia would be the new growth engines of the European and Asia-Pacific’s space electronics market in the upcoming years.

The objective of the report is to present a comprehensive analysis of the Global Space Electronics Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding Global Space Electronics Market dynamics, structure by analyzing the market segments and project the Global Space Electronics Market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Space Electronics Market make the report investor’s guide.
Global Space Electronics Market, Key Highlights:

• Global Space Electronics Market analysis and forecast, in terms of value.

• Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global Space Electronics Market

• Global Space Electronics Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.

• Global Space Electronics Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study.

• Global Space Electronics Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.

• Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.

• Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global Space Electronics Market are also profiled.
Scope of the Global Space Electronics Market: Inquire before buying

Global Space Electronics Market, by Platform type

• Satellite
• Launch Vehicle
Global Space Electronics Market, by Component type

• Discrete Semiconductors
• Optoelectronics
• Integrated Circuits
Global Space Electronics Market, by Subsystem

• Electrical Power Subsystem
• Attitude & Orbital Control Subsystem
• Telemetry
• Tracking & Command Subsystem
• Communication Subsystem
Global Space Electronics Market, by Product

• Radiation-Hardened
• Radiation-Tolerant
Global Space Electronics Market, by Region

• North America
• Europe
• Asia Pacific
• Middle East and Africa
• Latin America
Global Space Electronics Market Key Players

• BAE Systems Plc.
• Cobham Plc.
• Honeywell International Inc.
• Microsemi Corporation,
• Texas Instruments
• HEICO Corporation
• ON Semiconductor
• ST Microelectronics N.V.
• Teledyne e2v
• TT Electronics Plc.
• Xilinx Inc.
• Analog Devices Inc.
• Data Device Corporation
• Infineon Technologies Inc.
• Maxwell Technologies Inc.
• Microchip Technology Inc.
• Micropac Industries Inc.
• pSemi Corporation
• Renesas Electronics Corporation
• Solid State Devices Inc.
• The Boeing Company

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