Space Electronics Market Share, Size, Trends, Industry Analysis Report, By Product Type (Radiation-Hardened and Radiation-Tolerant); By Platform; By Component; By Region; Segment Forecast, 2022-2030

Space Electronics Market Share, Size, Trends, Industry Analysis Report, By Product Type (Radiation-Hardened and Radiation-Tolerant); By Platform; By Component; By Region; Segment Forecast, 2022-2030

The global space electronics market size is expected to reach USD 4,659.1 million by 2030, according to a new study by Polaris Market Research. The report “Space Electronics Market Share, Size, Trends, Industry Analysis Report, By Product Type (Radiation-Hardened and Radiation-Tolerant); By Platform; By Component; By Region; Segment Forecast, 2022-2030” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Technological advancements in microprocessors and FPGAs, mega-developments in the space industry, and increasing demand for wide bandgap materials including silicon nitride & gallium nitride are key factors expected to boost the growing demand for space electronics market over the course of projected period. Moreover, an extensive rise in the number of investments and development activities for the enhancement of satellite communication and space electronic components is further expected to fuel the demand for the space electronics market in the future.

As of now, satellites are used for various types of primary and essential operations including mobile phone signals, weather tracking, and establishing secure communication networks. However, the rising implementation of automation in several satellite operations across the globe is expected to drive the growth and adoption of space electronic components, within the space industry. For instance, according to UNOOSA, there are 4,852 satellites actively orbiting the Earth as on January 2022 and, around 6,000 satellites are expected to launch by 2031 by governments, the defense sector, and private organizations.

For instance, in February 2022, Infineon Technologies announced that the company is investing over USD 2.3 billion for the construction of the third module at its site at Kulim, in Malaysia. The company is strengthening its market position by introducing significant manufacturing capacities in the sector of wide bandgap semiconductors.

The rise in dependency of various commercial industries on products and services offered by space economies such as data connections, mobile asset tracking, broadband connections, and mobile communications has resulted a spike in the demand for communication satellites to support the growing requirement for space electronics. For instance, SpaceX already introduced 653 Star-link satellites, in April 2021 and it plans to launch 12,000 more satellites, by 2027. Similarly, Amazon announced to launch of 3,236 mini-satellites in LEO over the next few years. Such satellites are expected to be defined operations.

Space Electronics Market Report Highlights

  • Satellite segment dominated the global market on account of the increasing adoption of satellites, modern communication technologies, and the rising number of activities related to small satellites
  • Radiation-tolerant segment is projected to witness the fastest growth due to the rising prevalence of COTS (Commercial off-the-Staff) and lowering the launch costs from commercial space companies
  • Integrated circuits accounted for significant revenue share owing to increasing penetration for electronic products which are lighter in weight and consume less energy
  • North America region dominated the global market, which is mainly attributable to high investments by the US government in the development of satellite communication
  • The global players include Microchip Technology, RUAG Group, Teledyne Technologies, and Honeywell International.

  • Polaris Market Research has segmented the space electronics market report based on product type, platform, component, and region:

    Space Electronics, Product Type Outlook (Revenue – USD Million, 2018 – 2030)
  • Radiation-Hardened
  • Radiation-Tolerant

  • Space Electronics, Platform Outlook (Revenue – USD Million, 2018 – 2030)
  • Satellite
  • Launch Vehicles
  • Deep Space Probes

  • Space Electronics, Component Outlook (Revenue – USD Million, 2018 – 2030)
  • Sensors
  • Microprocessors & Controllers
  • Integrated Circuits
  • Memory Chips
  • Power Source
  • Cables
  • Discrete Semiconductors
  • Others

  • Space Electronics, Regional Outlook (Revenue – USD Million, 2018 – 2030)
  • North America
  • U.S
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa

  • 1. Introduction
    1.1. Report Description
    1.1.1. Objectives of the Study
    1.1.2. Market Scope
    1.1.3. Assumptions
    1.2. Stakeholders
    2. Executive Summary
    2.1. Market Highlights
    3. Research Methodology
    3.1. Overview
    3.1.1. Data Mining
    3.2. Data Sources
    3.2.1. Primary Sources
    3.2.2. Secondary Sources
    4. Global Space Electronics Market Insights
    4.1. Space Electronics – Industry Snapshot
    4.2. Space Electronics Market Dynamics
    4.2.1. Drivers and Opportunities
    4.2.1.1. Growing demand for reconfigurable satellite payloads
    4.2.1.2. Rising prevalence of space operations
    4.2.2. Restraints and Challenges
    4.2.2.1. High cost
    4.3. Porter’s Five Forces Analysis
    4.3.1. Bargaining Power of Suppliers (Moderate)
    4.3.2. Threats of New Entrants: (Low)
    4.3.3. Bargaining Power of Buyers (Moderate)
    4.3.4. Threat of Substitute (Moderate)
    4.3.5. Rivalry among existing firms (High)
    4.4. PESTEL Analysis
    4.5. Space Electronics Market Industry Trends
    4.6. Value Chain Analysis
    4.7. COVID-19 Impact Analysis
    5. Global Space Electronics Market, by Product Type
    5.1. Key Findings
    5.2. Introduction
    5.2.1. Global Space Electronics Market, by Product Type, 2018 - 2030 (USD Million)
    5.3. Radiation-Hardened
    5.3.1. Global Space Electronics Market, by Radiation-Hardened, by Region, 2018 - 2030 (USD Million)
    5.4. Radiation-Tolerant
    5.4.1. Global Space Electronics Market, by Radiation-Tolerant, by Region, 2018 - 2030 (USD Million)
    6. Global Space Electronics Market, by Platform
    6.1. Key Findings
    6.2. Introduction
    6.2.1. Global Space Electronics Market, by Platform, 2018 - 2030 (USD Million)
    6.3. Satellite
    6.3.1. Global Space Electronics Market, by Satellite, by Region, 2018 - 2030 (USD Million)
    6.4. Launch Vehicles
    6.4.1. Global Space Electronics Market, by Launch Vehicles, by Region, 2018 - 2030 (USD Million)
    6.5. Deep Space Probes
    6.5.1. Global Space Electronics Market, by Deep Space Probes, by Region, 2018 - 2030 (USD Million)
    7. Global Space Electronics Market, by Component
    7.1. Key Findings
    7.2. Introduction
    7.2.1. Global Space Electronics Market, by Component, 2018 - 2030 (USD Million)
    7.3. Sensors
    7.3.1. Global Space Electronics Market, by Sensors, by Region, 2018 - 2030 (USD Million)
    7.4. Microprocessors & Controllers
    7.4.1. Global Space Electronics Market, by Microprocessors & Controllers, by Region, 2018 - 2030 (USD Million)
    7.5. Integrated Circuits
    7.5.1. Global Space Electronics Market, by Integrated Circuits, by Region, 2018 - 2030 (USD Million)
    7.6. Memory Chips
    7.6.1. Global Space Electronics Market, by Memory Chips, by Region, 2018 - 2030 (USD Million)
    7.7. Power Source
    7.7.1. Global Space Electronics Market, by Power Source, by Region, 2018 - 2030 (USD Million)
    7.8. Cables
    7.8.1. Global Space Electronics Market, by Cables, by Region, 2018 - 2030 (USD Million)
    7.9. Discrete Semiconductors
    7.9.1. Global Space Electronics Market, by Discrete Semiconductors, by Region, 2018 - 2030 (USD Million)
    7.10. Others
    7.10.1. Global Space Electronics Market, by Others, by Region, 2018 - 2030 (USD Million)
    8. Global Space Electronics Market, by Geography
    8.1. Key findings
    8.2. Introduction
    8.2.1. Space Electronics Market Assessment, By Geography, 2018 - 2030 (USD Million)
    8.3. Space Electronics Market – North America
    8.3.1. North America: Space Electronics Market, by Product Type, 2018 - 2030 (USD Million)
    8.3.2. North America: Space Electronics Market, by Component, 2018 - 2030 (USD Million)
    8.3.3. North America: Space Electronics Market, by Platform, 2018 - 2030 (USD Million)
    8.3.4. Space Electronics Market – U.S.
    8.3.4.1. U.S.: Space Electronics Market, by Product Type, 2018 - 2030 (USD Million)
    8.3.4.2. U.S.: Space Electronics Market, by Component, 2018 - 2030 (USD Million)
    8.3.4.3. U.S.: Space Electronics Market, by Platform, 2018 - 2030 (USD Million)
    8.3.5. Space Electronics Market – Canada
    8.3.5.1. Canada: Space Electronics Market, by Product Type, 2018 - 2030 (USD Million)
    8.3.5.2. Canada.: Space Electronics Market, by Component, 2018 - 2030 (USD Million)
    8.3.5.3. Canada: Space Electronics Market, by Platform, 2018 - 2030 (USD Million)
    8.4. Space Electronics Market – Europe
    8.4.1. Europe: Space Electronics Market, by Product Type, 2018 - 2030 (USD Million)
    8.4.2. Europe.: Space Electronics Market, by Component, 2018 - 2030 (USD Million)
    8.4.3. Europe: Space Electronics Market, by Platform, 2018 - 2030 (USD Million)
    8.4.4. Space Electronics Market – UK
    8.4.4.1. UK: Space Electronics Market, by Product Type, 2018 - 2030 (USD Million)
    8.4.4.2. UK.: Space Electronics Market, by Component, 2018 - 2030 (USD Million)
    8.4.4.3. UK: Space Electronics Market, by Platform, 2018 - 2030 (USD Million)
    8.4.5. Space Electronics Market – France
    8.4.5.1. France: Space Electronics Market, by Product Type, 2018 - 2030 (USD Million)
    8.4.5.2. France.: Space Electronics Market, by Component, 2018 - 2030 (USD Million)
    8.4.5.3. France: Space Electronics Market, by Platform, 2018 - 2030 (USD Million)
    8.4.6. Space Electronics Market – Germany
    8.4.6.1. Germany: Space Electronics Market, by Product Type, 2018 - 2030 (USD Million)
    8.4.6.2. Germany.: Space Electronics Market, by Component, 2018 - 2030 (USD Million)
    8.4.6.3. Germany: Space Electronics Market, by Platform, 2018 - 2030 (USD Million)
    8.4.7. Space Electronics Market – Italy
    8.4.7.1. Italy: Space Electronics Market, by Product Type, 2018 - 2030 (USD Million)
    8.4.7.2. Italy.: Space Electronics Market, by Component, 2018 - 2030 (USD Million)
    8.4.7.3. Italy: Space Electronics Market, by Platform, 2018 - 2030 (USD Million)
    8.4.8. Space Electronics Market – Spain
    8.4.8.1. Spain: Space Electronics Market, by Product Type, 2018 - 2030 (USD Million)
    8.4.8.2. Spain.: Space Electronics Market, by Component, 2018 - 2030 (USD Million)
    8.4.8.3. Spain: Space Electronics Market, by Platform, 2018 - 2030 (USD Million)
    8.4.9. Space Electronics Market – Netherlands
    8.4.9.1. Netherlands: Space Electronics Market, by Product Type, 2018 - 2030 (USD Million)
    8.4.9.2. Netherlands.: Space Electronics Market, by Component, 2018 - 2030 (USD Million)
    8.4.9.3. Netherlands: Space Electronics Market, by Platform, 2018 - 2030 (USD Million)
    8.4.10. Space Electronics Market – Russia
    8.4.10.1. Russia: Space Electronics Market, by Product Type, 2018 - 2030 (USD Million)
    8.4.10.2. Russia.: Space Electronics Market, by Component, 2018 - 2030 (USD Million)
    8.4.10.3. Russia: Space Electronics Market, by Platform, 2018 - 2030 (USD Million)
    8.5. Space Electronics Market – Asia Pacific
    8.5.1. Asia Pacific: Space Electronics Market, by Product Type, 2018 - 2030 (USD Million)
    8.5.2. Asia Pacific.: Space Electronics Market, by Component, 2018 - 2030 (USD Million)
    8.5.3. Asia Pacific: Space Electronics Market, by Platform, 2018 - 2030 (USD Million)
    8.5.4. Space Electronics Market – China
    8.5.4.1. China: Space Electronics Market, by Product Type, 2018 - 2030 (USD Million)
    8.5.4.2. China.: Space Electronics Market, by Component, 2018 - 2030 (USD Million)
    8.5.4.3. China: Space Electronics Market, by Platform, 2018 - 2030 (USD Million)
    8.5.5. Space Electronics Market – India
    8.5.5.1. India: Space Electronics Market, by Product Type, 2018 - 2030 (USD Million)
    8.5.5.2. India.: Space Electronics Market, by Component, 2018 - 2030 (USD Million)
    8.5.5.3. India: Space Electronics Market, by Platform, 2018 - 2030 (USD Million)
    8.5.6. Space Electronics Market – Malaysia
    8.5.6.1. Malaysia: Space Electronics Market, by Product Type, 2018 - 2030 (USD Million)
    8.5.6.2. Malaysia.: Space Electronics Market, by Component, 2018 - 2030 (USD Million)
    8.5.6.3. Malaysia: Space Electronics Market, by Platform, 2018 - 2030 (USD Million)
    8.5.7. Space Electronics Market – Japan
    8.5.7.1. Japan: Space Electronics Market, by Product Type, 2018 - 2030 (USD Million)
    8.5.7.2. Japan.: Space Electronics Market, by Component, 2018 - 2030 (USD Million)
    8.5.7.3. Japan: Space Electronics Market, by Platform, 2018 - 2030 (USD Million)
    8.5.8. Space Electronics Market – Indonesia
    8.5.8.1. Indonesia: Space Electronics Market, by Product Type, 2018 - 2030 (USD Million)
    8.5.8.2. Indonesia.: Space Electronics Market, by Component, 2018 - 2030 (USD Million)
    8.5.8.3. Indonesia: Space Electronics Market, by Platform, 2018 - 2030 (USD Million)
    8.5.9. Space Electronics Market – South Korea
    8.5.9.1. South Korea: Space Electronics Market, by Product Type, 2018 - 2030 (USD Million)
    8.5.9.2. South Korea.: Space Electronics Market, by Component, 2018 - 2030 (USD Million)
    8.5.9.3. South Korea: Space Electronics Market, by Platform, 2018 - 2030 (USD Million)
    8.6. Space Electronics Market – Middle East & Africa
    8.6.1. Middle East & Africa: Space Electronics Market, by Product Type, 2018 - 2030 (USD Million)
    8.6.2. Middle East & Africa.: Space Electronics Market, by Component, 2018 - 2030 (USD Million)
    8.6.3. Middle East & Africa: Space Electronics Market, by Platform, 2018 - 2030 (USD Million)
    8.6.4. Space Electronics Market – Saudi Arabia
    8.6.4.1. Saudi Arabia: Space Electronics Market, by Product Type, 2018 - 2030 (USD Million)
    8.6.4.2. Saudi Arabia.: Space Electronics Market, by Component, 2018 - 2030 (USD Million)
    8.6.4.3. Saudi Arabia: Space Electronics Market, by Platform, 2018 - 2030 (USD Million)
    8.6.5. Space Electronics Market – UAE
    8.6.5.1. UAE: Space Electronics Market, by Product Type, 2018 - 2030 (USD Million)
    8.6.5.2. UAE.: Space Electronics Market, by Component, 2018 - 2030 (USD Million)
    8.6.5.3. UAE: Space Electronics Market, by Platform, 2018 - 2030 (USD Million)
    8.6.6. Space Electronics Market – Israel
    8.6.6.1. Israel: Space Electronics Market, by Product Type, 2018 - 2030 (USD Million)
    8.6.6.2. Israel.: Space Electronics Market, by Component, 2018 - 2030 (USD Million)
    8.6.6.3. Israel: Space Electronics Market, by Platform, 2018 - 2030 (USD Million)
    8.6.7. Space Electronics Market – South Africa
    8.6.7.1. South Africa: Space Electronics Market, by Product Type, 2018 - 2030 (USD Million)
    8.6.7.2. South Africa.: Space Electronics Market, by Component, 2018 - 2030 (USD Million)
    8.6.7.3. South Africa: Space Electronics Market, by Platform, 2018 - 2030 (USD Million)
    8.7. Space Electronics Market – Latin America
    8.7.1. Latin America: Space Electronics Market, by Product Type, 2018 - 2030 (USD Million)
    8.7.2. Latin America.: Space Electronics Market, by Component, 2018 - 2030 (USD Million)
    8.7.3. Latin America: Space Electronics Market, by Platform, 2018 - 2030 (USD Million)
    8.7.4. Space Electronics Market – Mexico
    8.7.4.1. Mexico: Space Electronics Market, by Product Type, 2018 - 2030 (USD Million)
    8.7.4.2. Mexico.: Space Electronics Market, by Component, 2018 - 2030 (USD Million)
    8.7.4.3. Mexico: Space Electronics Market, by Platform, 2018 - 2030 (USD Million)
    8.7.5. Space Electronics Market – Brazil
    8.7.5.1. Brazil: Space Electronics Market, by Product Type, 2018 - 2030 (USD Million)
    8.7.5.2. Brazil.: Space Electronics Market, by Component, 2018 - 2030 (USD Million)
    8.7.5.3. Brazil: Space Electronics Market, by Platform, 2018 - 2030 (USD Million)
    8.7.6. Space Electronics Market – Argentina
    8.7.6.1. Argentina: Space Electronics Market, by Product Type, 2018 - 2030 (USD Million)
    8.7.6.2. Argentina.: Space Electronics Market, by Component, 2018 - 2030 (USD Million)
    8.7.6.3. Argentina: Space Electronics Market, by Platform, 2018 - 2030 (USD Million)
    9. Competitive Landscape
    9.1. Expansion and Acquisition Analysis
    9.1.1. Expansion
    9.1.2. Acquisitions
    9.2. Partnerships/Collaborations/Agreements/Exhibitions
    10. Company Profiles
    10.1. BAE Systems
    10.1.1. Company Overview
    10.1.2. Financial Performance
    10.1.3. Product Benchmarking
    10.1.4. Recent Development
    10.2. Cobham Limited
    10.2.1. Company Overview
    10.2.2. Financial Performance
    10.2.3. Product Benchmarking
    10.2.4. Recent Development
    10.3. Microchip Technology
    10.3.1. Company Overview
    10.3.2. Financial Performance
    10.3.3. Product Benchmarking
    10.3.4. Recent Development
    10.4. RUAG Group
    10.4.1. Company Overview
    10.4.2. Financial Performance
    10.4.3. Product Benchmarking
    10.4.4. Recent Development
    10.5. STMicroelectronics
    10.5.1. Company Overview
    10.5.2. Financial Performance
    10.5.3. Product Benchmarking
    10.5.4. Recent Development
    10.6. Teledyne Technologies
    10.6.1. Company Overview
    10.6.2. Financial Performance
    10.6.3. Product Benchmarking
    10.6.4. Recent Development
    10.7. Texas Instruments
    10.7.1. Company Overview
    10.7.2. Financial Performance
    10.7.3. Product Benchmarking
    10.7.4. Recent Development
    10.8. TT Electronics
    10.8.1. Company Overview
    10.8.2. Financial Performance
    10.8.3. Product Benchmarking
    10.8.4. Recent Development
    10.9. Xilinx Inc
    10.9.1. Company Overview
    10.9.2. Financial Performance
    10.9.3. Product Benchmarking
    10.9.4. Recent Development
    10.10. Honeywell International
    10.10.1. Company Overview
    10.10.2. Financial Performance
    10.10.3. Product Benchmarking
    10.10.4. Recent Development
    10.11. Microsemi Conduction
    10.11.1. Company Overview
    10.11.2. Financial Performance
    10.11.3. Product Benchmarking
    10.11.4. Recent Development
    10.12. ON Semiconductor
    10.12.1. Company Overview
    10.12.2. Financial Performance
    10.12.3. Product Benchmarking
    10.12.4. Recent Development
    10.13. Analog Devices
    10.13.1. Company Overview
    10.13.2. Financial Performance
    10.13.3. Product Benchmarking
    10.13.4. Recent Development
    10.14. Renesas Electronics
    10.14.1. Company Overview
    10.14.2. Financial Performance
    10.14.3. Product Benchmarking
    10.14.4. Recent Development
    10.15. Heico Corporation
    10.15.1. Company Overview
    10.15.2. Financial Performance
    10.15.3. Product Benchmarking
    10.15.4. Recent Development
    10.16. Infineon Technologies
    10.16.1. Company Overview
    10.16.2. Financial Performance
    10.16.3. Product Benchmarking
    10.16.4. Recent Development

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