Home Press Release Global Radiation-Hardened Electronics for Space Application Market Grows Steadily at a CAGR of 7.05%

Global Radiation-Hardened Electronics for Space Application Market Grows Steadily at a CAGR of 7.05%

18 Jan, 2023

The Radiation Hardened Electronics for Space Environments (RHESE) project aims to advance the state of the art in radiation-hardened electronics by creating high-performance devices that can endure the harsh radiation and temperature levels of the space environment. The use of miniature satellites as opposed to conventional ones has seen a dramatic increase in popularity in recent years. Additionally, the market has transitioned from the occasional use of tiny satellites for missions to their routine integration into satellite constellations. With the rapid expansion of small satellite constellations for applications such as Earth observation, remote sensing, and space-based broadband services, the demand for radiation-resistant electronic components has significantly increased. Several projects are underway to create high-tech, radiation-hardened electronics with improved capability to shield space perturbations at a low cost.

Market Dynamics

Increasing Demand for Radiation Resistant Electronics in Commercial Satellites and Technology Innovations Drives the Global Market

The demand for tiny satellites is increasing as there is a greater need for inexpensive satellite communication, which includes military monitoring and surveillance, television content delivery, cell phone connectivity, and agriculture surveillance. These commercial satellites are typically put into geosynchronous orbits for the best coverage, lasting 15 to 20 years. The number of communication satellites orbiting the earth is increasing, which has increased the demand for radiation-resistant electronics.

The field programmable gate array market is anticipated to grow as more military and aerospace applications, including waveform generation, image processing, and secure communication, adopt FPGAs in the coming years. The increased demand for better bandwidth creates opportunities for enhanced embedded FPGA design at low cost and power. They are frequently used for streaming, data processing, and massive data flows due to their low power consumption and high computational density. In recent years, FPGA-based accelerators have emerged as formidable competitors to GPU-based accelerators in cutting-edge cloud and edge computing systems. Increased usage in security, network processing, and deep packet inspection is anticipated to boost FPGA demand.

Expanding Worldwide Space Missions Creates Tremendous Opportunities

The demand for better radiation-hardened components, novel configurations, design approaches, and software models to increase the radiation tolerance of electronic components is being driven by the rise in the number of international space missions. The United States was the first to work with several space organizations and show interest in carrying out space exploration projects. The nation's production capacity, testing infrastructure, and skilled workforce make these duties more reachable. The country firmly favors expanding space travel and the commercial spacecraft industry. To expand access to space and conduct microgravity research atop the International Space Station, NASA and SpaceX launched Crew-4 in April 2022 with an all-civilian crew.

Regional Analysis

North America is the most dominant in the global radiation-hardened electronics market during the forecast period. The increasing need for radiation-resistant components in commercial and military satellite applications drives this dominance and expansion. Radiation-resistant microelectronics are required by the US Department of Defense (DoD) and other commercial sectors for projects like satellites and nuclear modernization efforts. The US government continuously tries to maintain and improve domestic capabilities in producing radiation-resistant microelectronic components.

Key Highlights

  • The global radiation-hardened electronics for space application market was valued at USD 2.38 billion in 2021. It is projected to reach USD 4.38 billion by 2030, growing at a CAGR of 7.05% during the forecast period (2022–2030).
  • Based on the platform, the market is segmented into satellites, launch vehicles, and deep space probe. The satellite platform is anticipated to lead the global radiation-hardened electronics for space applications market in the platform segment.
  • Based on manufacturing techniques, the market is segmented into rad-hard by design, rad-hard by process, and rad-hard by software. The rad-hard dominates the global market for radiation-hardened electronics for space applications.
  • Based on material type, the market is segmented into silicon, gallium nitride, and silicon carbide. Most radiation-resistant components are built from silicon because it reduces their size and weight and boosts their performance from medium to high speed.
  • Based on component, the market is segmented into Onboard Computer, Microprocessor, Controller, Power Source, Memory (Solid-State Recorder), Field-Programmable Gate Array, Transmitter and Receiver (Antennas), Application-Specific Integrated Circuit, and Sensor. Onboard computers, microprocessors, and controllers are anticipated to dominate the market.
  • North America is the most dominant region in the global radiation-hardened electronics market during the forecast period.

Market Segments

Global Radiation-Hardened Electronics for Space Application Market: Segmentation

By Platform

  • Satellite
  • Launch Vehicle
  • Deep Space Probe

By Manufacturing Technique

  • Rad-Hard by Design
  • Rad-Hard by Process
  • Rad-Hard by Software

By Material Type

  • Silicon
  • Gallium Nitride
  • Silicon Carbide

By Component

  • Onboard Computer
  • Microprocessor
  • Controller
  • Power Source
  • Memory (Solid-State Recorder)
  • Field-Programmable Gate Array
  • Transmitter and Receiver (Antennas)
  • Application-Specific Integrated Circuit
  • Sensor

By Regions

  • North America
  • Europe
  • Asia-Pacific

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