Europe Space Electronics Market Size, Share & Trends Analysis Report By Type (Radiation Hardened, and Radiation Tolerant), By Platform (Satellite, Launch Vehicles, and Deep Space Probes), By Component, By Application, By Country and Growth Forecast, 2024

Europe Space Electronics Market Size, Share & Trends Analysis Report By Type (Radiation Hardened, and Radiation Tolerant), By Platform (Satellite, Launch Vehicles, and Deep Space Probes), By Component, By Application, By Country and Growth Forecast, 2024 - 2031


The Europe Space Electronics Market would witness market growth of 5.6% CAGR during the forecast period (2024-2031).

The Russia market dominated the Europe Space Electronics Market by Country in 2023 and would continue to be a dominant market till 2031; thereby, achieving a market value of $561.8 million by 2031. The UK market is exhibiting a CAGR of 4.1% during (2024 - 2031). Additionally, The France market would experience a CAGR of 6.5% during (2024 - 2031).

Electronics play a vital role in space exploration missions, including robotic probes, landers, rovers, and human spacecraft. These missions require advanced electronic systems for navigation, communication, propulsion, power management, and scientific instrumentation. Space-based electronic systems are essential for military applications such as reconnaissance, surveillance, intelligence gathering, missile detection, and secure communication. These systems provide critical capabilities for national defense and security.

Moreover, the space electronics market supports various commercial services such as satellite imagery, remote sensing, satellite-based internet services, satellite television, and space tourism. These services rely on electronic components for spacecraft operation, data processing, and communication. In-space manufacturing, assembly, and infrastructure development projects utilize space electronics for robotics, automation, life support systems, habitat control, and power management.

The UK Space Agency reports that the country’s space sector has grown by 5.1%, faster than the global space industry’s growth of 1.6%. The UK is expanding its satellite communication and navigation capabilities to support various applications, including telecommunications, broadcasting, navigation, and global positioning. Thus, all these factors will uplift the regional market’s expansion in the coming years.

Based on Type, the market is segmented into Radiation Hardened, and Radiation Tolerant. Based on Platform, the market is segmented into Satellite, Launch Vehicles, and Deep Space Probes. Based on Component, the market is segmented into Microprocessors & Controllers, Discrete Semiconductors, Power Source & Cables, Sensors, Application Specific Integrated Circuits (ASIC), Memory Chips, and Others. Based on Application, the market is segmented into Communication, Navigation, Global Positioning System (GPS) & Surveillance, Earth Observation, Technology Development & Education, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

List of Key Companies Profiled
  • STMicroelectronics N.V.
  • Texas Instruments, Inc.
  • Honeywell International, Inc.
  • Eaton Corporation PLC
  • Teledyne Technologies, Inc.
  • BAE Systems PLC
  • Advanced Micro Devices, Inc.
  • Microchip Technology Incorporated
  • TT Electronics PLC
  • Renesas Electronics Corporation
Europe Space Electronics Market Report Segmentation

By Type
  • Radiation Hardened
  • Radiation Tolerant
By Platform
  • Satellite
  • Launch Vehicles
  • Deep Space Probes
By Component
  • Microprocessors & Controllers
  • Discrete Semiconductors
  • Power Source & Cables
  • Sensors
  • Application Specific Integrated Circuits (ASIC)
  • Memory Chips
  • Others
By Application
  • Communication
  • Navigation, Global Positioning System (GPS) & Surveillance
  • Earth Observation
  • Technology Development & Education
  • Others
By Country
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe


Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Space Electronics Market, by Type
1.4.2 Europe Space Electronics Market, by Platform
1.4.3 Europe Space Electronics Market, by Component
1.4.4 Europe Space Electronics Market, by Application
1.4.5 Europe Space Electronics Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Opportunities
3.2.3 Market Restraints
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.4.2 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2021, Aug – 2023, Sep) Leading Players
4.5 Porter Five Forces Analysis
Chapter 5. Europe Space Electronics Market by Type
5.1 Europe Radiation Hardened Market by Country
5.2 Europe Radiation Tolerant Market by Country
Chapter 6. Europe Space Electronics Market by Platform
6.1 Europe Satellite Market by Country
6.2 Europe Launch Vehicles Market by Country
6.3 Europe Deep Space Probes Market by Country
Chapter 7. Europe Space Electronics Market by Component
7.1 Europe Microprocessors & Controllers Market by Country
7.2 Europe Discrete Semiconductors Market by Country
7.3 Europe Power Source & Cables Market by Country
7.4 Europe Sensors Market by Country
7.5 Europe Application Specific Integrated Circuits (ASIC) Market by Country
7.6 Europe Memory Chips Market by Country
7.7 Europe Others Market by Country
Chapter 8. Europe Space Electronics Market by Application
8.1 Europe Communication Market by Country
8.2 Europe Navigation, Global Positioning System (GPS) & Surveillance Market by Country
8.3 Europe Earth Observation Market by Country
8.4 Europe Technology Development & Education Market by Country
8.5 Europe Others Market by Country
Chapter 9. Europe Space Electronics Market by Country
9.1 Russia Space Electronics Market
9.1.1 Russia Space Electronics Market by Type
9.1.2 Russia Space Electronics Market by Platform
9.1.3 Russia Space Electronics Market by Component
9.1.4 Russia Space Electronics Market by Application
9.2 UK Space Electronics Market
9.2.1 UK Space Electronics Market by Type
9.2.2 UK Space Electronics Market by Platform
9.2.3 UK Space Electronics Market by Component
9.2.4 UK Space Electronics Market by Application
9.3 France Space Electronics Market
9.3.1 France Space Electronics Market by Type
9.3.2 France Space Electronics Market by Platform
9.3.3 France Space Electronics Market by Component
9.3.4 France Space Electronics Market by Application
9.4 Germany Space Electronics Market
9.4.1 Germany Space Electronics Market by Type
9.4.2 Germany Space Electronics Market by Platform
9.4.3 Germany Space Electronics Market by Component
9.4.4 Germany Space Electronics Market by Application
9.5 Spain Space Electronics Market
9.5.1 Spain Space Electronics Market by Type
9.5.2 Spain Space Electronics Market by Platform
9.5.3 Spain Space Electronics Market by Component
9.5.4 Spain Space Electronics Market by Application
9.6 Italy Space Electronics Market
9.6.1 Italy Space Electronics Market by Type
9.6.2 Italy Space Electronics Market by Platform
9.6.3 Italy Space Electronics Market by Component
9.6.4 Italy Space Electronics Market by Application
9.7 Rest of Europe Space Electronics Market
9.7.1 Rest of Europe Space Electronics Market by Type
9.7.2 Rest of Europe Space Electronics Market by Platform
9.7.3 Rest of Europe Space Electronics Market by Component
9.7.4 Rest of Europe Space Electronics Market by Application
Chapter 10. Company Profiles
10.1 STMicroelectronics N.V.
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Research & Development Expense
10.1.5 Recent strategies and developments:
10.1.5.1 Partnerships, Collaborations, and Agreements:
10.1.5.2 Acquisition and Mergers:
10.1.6 SWOT Analysis
10.2 Texas Instruments, Inc.
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental and Regional Analysis
10.2.4 Research & Development Expense
10.2.5 Recent strategies and developments:
10.2.5.1 Product Launches and Product Expansions:
10.2.6 SWOT Analysis
10.3 Honeywell International, Inc.
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Segmental and Regional Analysis
10.3.4 Research & Development Expenses
10.3.5 Recent strategies and developments:
10.3.5.1 Partnerships, Collaborations, and Agreements:
10.3.5.2 Product Launches and Product Expansions:
10.3.6 SWOT Analysis
10.4 Eaton Corporation PLC
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental and Regional Analysis
10.4.4 Research & Development Expense
10.4.5 Recent strategies and developments:
10.4.5.1 Partnerships, Collaborations, and Agreements:
10.4.6 SWOT Analysis
10.5 Teledyne Technologies, Inc.
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental and Regional Analysis
10.5.4 Recent strategies and developments:
10.5.4.1 Acquisition and Mergers:
10.5.5 SWOT Analysis
10.6 BAE Systems PLC
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental and Regional Analysis
10.6.4 Research & Development Expenses
10.6.5 Recent strategies and developments:
10.6.5.1 Partnerships, Collaborations, and Agreements:
10.6.5.2 Acquisition and Mergers:
10.6.6 SWOT Analysis
10.7 Advanced Micro Devices, Inc.
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Segmental and Regional Analysis
10.7.4 Research & Development Expenses
10.7.5 SWOT Analysis
10.8 Microchip Technology Incorporated
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Segmental and Regional Analysis
10.8.4 Research & Development Expenses
10.8.5 SWOT Analysis
10.9 TT Electronics PLC
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Regional & Segmental Analysis
10.9.4 Research & Development Expenses
10.9.5 SWOT Analysis
10.10. Renesas Electronics Corporation
10.10.1 Company Overview
10.10.2 Financial Analysis
10.10.3 Segmental and Regional Analysis
10.10.4 Research & Development Expense
10.10.5 SWOT Analysis

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