There has been a big increase in “intelligence, surveillance and reconnaissance (ISR)” operations, paired with greater demand for radiation-hardened electronics products which is propelling the growth in the global radiation-hardened electronics market between 2020 and 2026. During this period, the global radiation-hardened electronics market is projected to grow at 3.5 percent within this timeframe.
One of the many global radiation-hardened electronics market is the increasing ISR operation within the defence industry. In any ISR operations, high quality, environment-friendly and reliable equipment are implemented for these operations to be successful. Particularly, for the space operations, the electronic operations require equipment to survive at least for 15 years without any wear and tear. Thus, radiation-hardened electronics products are in demand. However, the high costs of these products pose a great obstruction for the growth of the global radiation-hardened electronics market. These products are produced in fewer volumes, thus remaining expensive throughout. Competition is also restricted in this market.
Based on components, power management dominates the global radiation-hardened electronics market. The growth of this segment is attributed to the expanding demand for MOSFETs and diodes for high-end applications. Power MOSFETs are highly reliable and apt for outer space requirements. They are also highly durable. RHBD products (microcontrollers, memories, etc.) are used in defence, space, and nuclear power plants. However, though RHBD products are effective, they are less adopted by microelectronics manufacturers owing to fewer profits and very high manufacturing costs.
Based on application, the space application dominates the global radiation-hardened electronics market. This is due to the more and more use of radiation-hardened electronics in TV broadcasting, nanosatellites, telephone satellites and so forth. This, coupled with, a surging requirement for earth observation satellites has driven the market growth.
Based on product type, small satellites and constellations dominate the global radiation-hardened electronics market as they provide good durability against high-energy-charged particles and ionizing radiation.
Region-wise, the global radiation-hardened electronics market is led by the North American region. The region has some of the largest manufacturers. Some of the big names in the North American region include Honeywell Aerospace & Defense, Microchip Technology, and Xilinx, Inc. On the other hand, the Asia-Pacific (APAC) region is anticipated to record the fastest growth in the global radiation-hardened electronics market. With China and India coming up with cutting-edge technological capabilities and improving economic conditions, the APAC region is likely to take over the global radiation-hardened electronics market.
Check the report summary at Global Radiation-Hardened Electronics Market – Forecasts to 2026