The global increase in intelligence, surveillance, and reconnaissance (ISR) activities and the development of multicore processors especially suited for military and space-grade applications are two factors that will drive the growth of the Radiation-hardened Electronics Market. A variety of components are covered in the market analysis, including mixed signal integrated circuits (ICs), processors & controllers, memory, and power management, as well as manufacturing processes including radiation hardened by design (RHBD) and radiation hardened by process (RHBP). To provide a thorough global projection through 2027, the research also looks at several product categories, applications, and geographic regions. The need of strong and dependable electronic systems for military, space, and other high-risk applications is highlighted by the rising demand for radiation-hardened electronics in critical situations.

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Radiation hardened electronics market in North America is expected to maintain the highest share during 2022-2027

From 2022 to 2027, North America is anticipated to continue holding the largest market share for radiation-hardened electronics. This dominance is partly attributable to the prominant presence of illustrious space research organisations like NASA, FSRI, and KISS as well as major businesses like Honeywell Aerospace & Defence, Microchip Technology, and Xilinx, Inc. The area is a significant global provider of radiation-hardened components. Due to continuous space missions and military operations in the area, demand for these products is still high despite economic difficulties and budgetary restrictions in the defence sector. For instance, ROCKET LAB USA successfully launched two satellites for BlackSky in April 2022, adding to the rising number of satellite launches into orbit.

Leading supplier of cutting-edge, very reliable radiation-hardened electronics at all levels, including components, cards, and units, is BAE Systems. Their product line includes flight and engine controls, electronic warfare and night vision systems, surveillance and reconnaissance sensors, mobile networked communication equipment, systems integration, space systems, and eco-friendly energy management systems, and it serves both the commercial and military electronics markets. In order to improve the command, communication, and control capabilities of spacecraft, the company specialises in RF systems, synthetic aperture radar processing, antenna design, mapping software, and radiation-hardened electronics. Multicore single board computers, memory, FPGAs, and ASICs are just a few of the radiation-hardened electronics they offer. These devices are made specifically for spaceships and satellites, so they deliver dependable performance even under harsh conditions.

Including FPGAs, ASICs, power management solutions, memory, microprocessors and microcontrollers, communication interfaces, diodes, transistors, mixed signal ICs, frequency and timing solutions, RF components, custom semiconductor packaging, and integrated power distribution systems, Microchip Technology Inc. provides a wide range of radiation-hardened and radiation-tolerant space products. The business is committed to R&D projects and devotes a sizeable amount of its revenue to expanding its product offerings for new industrial verticals. About 15% of Microchip Technology Inc.'s sales was spent on research and development in 2021. The company continuously innovates its product portfolio and increases its market presence through deliberate product introductions in order to maintain its market leadership.

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Driver: Increasing demand for radiation-hardened electronics in commercial satellites

The need for radiation-hardened electronics in commercial satellites is being driven by the rising demand for accessible satellite communication in a number of industries, including farm monitoring, television content, mobile phone connectivity, and military surveillance. This need has been fueled further by the increase in tiny satellites that are deployed into geosynchronous orbits and have a 15–20 year lifespan. To improve connectivity around the world, emerging space entrepreneurs like OneWeb, SpaceX, Amazon, and Telesat intend to launch massive constellations of thousands of low-earth orbit satellites. This pattern can be seen in developing nations like India and China launching advanced communication satellites as well as in the decision to allow Amazon to launch and run its internet constellation of 3,236 satellites.

Opportunity: Increasing space missions globally

Globally expanding space missions offer a sizable opportunity for the radiation-hardened electronics sector. The need for sophisticated parts, cutting-edge configuration and design methods, and software models that improve electronic components' radiation tolerance is growing. Being a leader in space exploration, the United States actively participates in a number of space associations and has expressed a strong interest in developing its commercial spaceship sector and space tourism. The nation is able to advance these programmes thanks to its strong testing infrastructure, manufacturing capacity, and qualified workforce. As an illustration of the expanding accessibility and prospects for space exploration, NASA and SpaceX successfully flew the Crew-4 mission in April 2022, which involved an all-civilian crew doing research in microgravity onboard the space station.

News Covered:

https://www.globenewswire.com/en/news-release/2023/01/31/2598365/0/en/Global-Radiation-Hardened-Electronics-Industry-Size-is-Anticipated-to-Gain-1-8-Bn-by-2027-at-a-CAGR-of-4-0.html

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