The study on the Global Radiation Hardened Electronics Market is the latest report covering the impact analysis of the currently ongoing COVID-19 pandemic. The pandemic has directly affected the market by causing disruptions in the global supply chains and indirectly by inducing financial difficulties. The Radiation Hardened Electronics Market has witnessed dynamic changes in trends and demands owing to the ongoing COVID-19 pandemic. The report provides a detailed outlook on how the pandemic has affected the key segments of the Radiation Hardened Electronics industry. The report includes an in-depth impact analysis of the COVID-19 pandemic on the overall Radiation Hardened Electronics industry

The Global Radiation Hardened Electronics (RHE) market size was USD 1.48 billion in 2021 and is expected to register a revenue CAGR of 3.9% during the forecast period, according to the latest analysis by Emergen Research. Rising demand for low-cost nanosatellites and communication satellites and increasing intelligence, surveillance, and reconnaissance operations due to growing hostility among nations are factors driving market revenue growth between 2022 and 2030. Currently, increasing number of commercial space operations have led to growing demand for radiation-hardened power management systems. In addition, rapid integration of advanced technologies for electronics in spacecraft and rising usage of low-cost nanosatellites are expected to increase demand for radiation hardening electronics in space programs.

According to reports, around 64 countries have already launched their nanosatellites or CubeSats and by 2019 there were around 1,186 nanosatellites launched, which have increased in number in recent times. Moreover, increasing need for nanosatellite power conditioning procedures and usage of radiation-resistant materials are key factors expected to drive market growth. Furthermore, increasing implementation of microelectronics systems and post-irradiation examination for radiation hardening of electronics are other factors driving revenue growth of the market.   

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Market Scope:  The report explains the scope of various commercial possibilities in the global Radiation Hardened Electronics market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyses the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.

 Some Key Highlights from the Report

• The rad-hard by software segment revenue is expected to expand at a substantially rapid CAGR during the forecast period. This is due to rising need for software upgrading and programmable devices for radiation protection of devices in high radiation exposures while nuclear weapon testing.
• The aerospace & defense segment is expected to register a significantly robust revenue growth rate over the forecast period. This is due to increasing usage of small satellites with radiation-hardened electronics for defense purposes, which is expected to drive growth of the segment.
• The North America market is expected to register a significantly rapid revenue growth rate over the forecast period due to increasing demand for spacecraft electronics and rising implementation of nuclear power plant testing regulations by governments.

Major companies in the market report include Micropac Industries Inc., BAE Systems Plc., Honeywell International Inc., ST Microelectronics N.V., Microchip Technology Inc., Solitron Devices Inc., Cobham Limited, pSemi Corporation, Infineon Technologies AG, and Renesas Electronics Corporation.

Market Taxonomy:

Chapter 1: Methodology & Scope

• Definition and forecast parameters
• Methodology and forecast parameters
• Data Sources

Chapter 2:

Executive Summary

• Business trends
• Regional trends
• Product trends
• End-use trends

Chapter 3:

Industry Insights

• Industry segmentation
• Industry landscape
• Vendor matrix
• Technological and innovation landscape

Chapter 4:

Company Profile

• Business Overview
• Financial Data
• Product Landscape

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Emergen Research has segmented the global radiation hardened electronics market based on manufacturing technique, product type, component type, application, and region:

·         Manufacturing Technique Outlook (Revenue, USD Billion; 2019-2030)

• Rad-hard By Process
• Rad-hard By Design
• Rad-hard By Software

·         Product Type Outlook (Revenue, USD Billion; 2019-2030)

• Commercial-off-the-shelf (COTS)
• Custom Made

·         Component Type Outlook (Revenue, USD Billion; 2019-2030)

• Controllers & Processors
• Analog & Digital Mixed Signal Devices
• Memory
• Power management

·         Application Outlook (Revenue, USD Billion; 2019-2030)

• Aerospace & Defense
• Nuclear Power Plant
• Space
• Others

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Geographical Segmentation:

The latest research report entails an in-depth analysis of the current growth opportunities for various regions of the Radiation Hardened Electronics Market, gauging their revenue share over the forecast timeline. Furthermore, the report analyses the year-on-year growth rate of these regions over the forecast duration. The leading market regions profiled in the report are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

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