The radiation-hardened electronics market was valued at USD 935.9 Million in 2015 and is estimated to reach USD 1,277.4 Million by 2022, at a CAGR of 4.46% during the forecast period. The base year used for this study is 2015, and the forecast period considered is between 2016 and 2022.

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The objectives of the study are as follows:

To define, describe, and forecast the radiation-hardened electronics market segmented on the basis of component, manufacturing technique, and application
To provide the market size, in terms of volume, for the components of radiation-hardened electronics
To describe the material selection and packaging types used in the radiation-hardened electronics market
To provide market size estimations with respect to four main regions (along with their respective countries), namely, North America, Europe, Asia-Pacific, and Rest of the World
To identify and analyze the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges)
To analyze key trends related to components, manufacturing techniques, and applications that shape and influence the market
To analyze the market with the help of the Porter’s five forces framework and provide a detailed Porter's analysis, along with the technology and market roadmap
To strategically analyze micromarkets with respect to individual growth trends, future prospects, and contribution to the total market
To analyze the opportunities in the market for stakeholders and detail the competitive landscape of key players
To analyze strategic developments such as joint ventures, mergers and acquisitions, new product developments, and research & development in the radiation-hardened electronics & semiconductors market
To strategically profile key players and comprehensively analyze their market shares and core competencies

Power management components have been a major market for radiation-hardened electronics. With the increased demand for transistors, diodes, and MOSFETs in various space and defense applications, more and more advancements in this technology is taking place and is focused on integrating radiation-hardened electronics power management chipsets into various devices. Power management components are greatly influenced by the rad-hard electronics market. MOSFETs are the most widely used components by almost every industry in the modern era and are posing good opportunities for industry players to invest in such technologies.

The radiation-hardened electronics market is led by the space application, which is further segmented into military & commercial applications. The increasing number of space missions conducted globally is expected to drive the growth of the radiation-hardened electronics market for the space application during the forecast period. The demand from commercial industries for robust and reliable radiation-hardened electronic components in satellites creates good growth opportunities in the near future.

North America held the largest share of the radiation-hardened electronics market in 2015, followed by Europe and APAC. The U.S. accounted for the largest share of the radiation-hardened electronics market in North America, followed by Canada and Mexico. The high growth of the market in this region can be attributed to the increasing demand for rad-hard components owing to the presence of a large number of rad-hard component manufacturers in North America as well as some renowned space & defense research institutes.

The key manufacturers of radiation-hardened electronics market include, BAE Systems (U.K.), Honeywell Aerospace (U.S.), Microsemi Corporation (U.S.), Atmel Corp and Xilinx, Inc. (U.S.), among others.

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