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The global Space Electronics market was valued at US$ 1134.6 million in 2022 and is projected to reach US$ 1383.3 million by 2029, at a CAGR of 2.9% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Space is an extremely hazardous environment with the presence of lethal radiation, micrometeoroids, highly fluctuating temperatures, and man-made debris, which may cause different types of issues for electronic components from simple bit flips to the dangerous complete burnout of electronic systems. The effects produced by the radiation on the space electronics, such as Single Event Effect (SEE) and Total Ionizing Dose (TID), can be rectified by the radiation-hardening process. The process makes the electronic components capable to operate reliably for eons in the harsh space environment but at a very high cost.
This report aims to provide a comprehensive presentation of the global market for Space Electronics, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Space Electronics. This report contains market size and forecasts of Space Electronics in global, including the following market information:
Global Space Electronics Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global top five companies in 2022 (%)
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Electrical Power Subsystem Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Space Electronics include BAE Systems PLC (UK), Cobham PLC (UK), Heico Corporation (US), Honeywell International Inc. (US), Microsemi Corporation (US), ON Semiconductor (US), ST Microelectronics NV (Switzerland), Texas Instruments (US) and Teledyne E2V (UK), etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Space Electronics companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Global Space Electronics Market, by Type, 2018-2023, 2024-2030 ($ millions)
Global Space Electronics Market Segment Percentages, by Type, 2022 (%)
Global Space Electronics Market, by Application, 2018-2023, 2024-2030 ($ millions)
Global Space Electronics Market Segment Percentages, by Application, 2022 (%)
Global Space Electronics Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)
Global Space Electronics Market Segment Percentages, By Region and Country, 2022 (%)
The report also provides analysis of leading market participants including:
Outline of Major Chapters:
Chapter 1: Introduces the definition of Space Electronics, market overview.
Chapter 2: Global Space Electronics market size in revenue.
Chapter 3: Detailed analysis of Space Electronics company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Space Electronics in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.