Space Electronics Market Research Report – Global Forecast till 2027

Space Electronics Market Research Report: Information by Platform (Satellites; Launch Vehicles), Component (Optoelectronics, Integrated Circuits), Subsystem (Structural, Telemetry), Product (Hardened, Tolerant),Region Global Forecast till 2030

ID: MRFR/A&D/6115-HCR | August 2022 | Region: Global | 133 Pages         

Table of Contents

1. Executive Summary

1.1. Market Attractiveness Analysis

1.1.1. Global Space Electronics Market, by Platform

1.1.2. Global Space Electronics Market, by Component

1.1.3. Global Space Electronics Market, by Subsystem

1.1.4. Global Space Electronics Market, by Product

1.1.5. Global Space Electronics Market, by Region

2. Market Introduction

2.1. Market Definition

2.2. Scope of the Study

2.3. Market Structure

2.4. Key Buying Criteria

2.5. Market Factor Indicator Analysis

3. Research Methodology

3.1. Research Process

3.2. Primary Research

3.3. Secondary Research

3.4. Market Size Estimation

3.5. Forecast Model

3.6. List of Assumptions

4. Market Insights

5. Market Dynamics

5.1. Introduction

5.2. Drivers

5.3. Restraints

5.4. Opportunities

5.5. Challenges

5.6. Market/Technological Trends

5.7. Patent Trends

5.8. Regulatory Landscape/Standards

6. Market Factor Analysis

6.1. Value Chain/Supply Chain Analysis

6.1.1. R&D

6.1.2. Manufacturing

6.1.3. Distribution & Sales

6.1.4. Post-Sales Monitoring

6.2. Porter’s Five Forces Analysis

6.2.1. Threat of New Entrants

6.2.2. Bargaining Power of Buyers

6.2.3. Threat of Substitutes

6.2.4. Competitive Rivalry

6.2.5. Bargaining Power of Supplies

7. Global Space Electronics Market, by Platform

7.1. Introduction

7.2. Satellites

7.2.1. Market Estimates & Forecast, 2020–2027

7.2.2. Market Estimates & Forecast, by Region, 2020–2027

7.3. Launch Vehicles

7.3.1. Market Estimates & Forecast, 2020–2027

7.3.2. Market Estimates & Forecast, by Region, 2020–2027

7.4. Others

7.4.1. Market Estimates & Forecast, 2020–2027

7.4.2. Market Estimates & Forecast, by Region, 2020–2027

8. Global Space Electronics Market, by Component

8.1. Introduction

8.2. Discrete Semiconductors

8.2.1. Market Estimates & Forecast, 2020–2027

8.2.2. Market Estimates & Forecast, by Region, 2020–2027

8.3. Optoelectronics

8.3.1. Market Estimates & Forecast, 2020–2027

8.3.2. Market Estimates & Forecast, by Region, 2020–2027

8.4. Integrated Circuits

8.4.1. Market Estimates & Forecast, 2020–2027

8.4.2. Market Estimates & Forecast, by Region, 2020–2027

8.5. Others

8.5.1. Market Estimates & Forecast, 2020–2027

8.5.2. Market Estimates & Forecast, by Region, 2020–2027

9. Global Space Electronics Market, by Subsystem

9.1. Introduction

9.2. Structural Subsystem

9.2.1. Market Estimates & Forecast, 2020–2027

9.2.2. Market Estimates & Forecast, by Region, 2020–2027

9.3. Telemetry Subsystem

9.3.1. Market Estimates & Forecast, 2020–2027

9.3.2. Market Estimates & Forecast, by Region, 2020–2027

9.4. Tracking & Command Subsystem

9.4.1. Market Estimates & Forecast, 2020–2027

9.4.2. Market Estimates & Forecast, by Region, 2020–2027

9.5. Electric Power & Distribution Subsystem

9.5.1. Market Estimates & Forecast, 2020–2027

9.5.2. Market Estimates & Forecast, by Region, 2020–2027

9.6. Thermal Control Subsystem

9.6.1. Market Estimates & Forecast, 2020–2027

9.6.2. Market Estimates & Forecast, by Region, 2020–2027

9.7. Attitude & Velocity Control Subsystem

9.7.1. Market Estimates & Forecast, 2020–2027

9.7.2. Market Estimates & Forecast, by Region, 2020–2027

10. Global Space Electronics Market, by Product

10.1. Introduction

10.2. Radiation-Hardened

10.2.1. Market Estimates & Forecast, 2020–2027

10.2.2. Market Estimates & Forecast, by Region, 2020–2027

10.3. Radiation-Tolerant

10.3.1. Market Estimates & Forecast, 2020–2027

10.3.2. Market Estimates & Forecast, by Region, 2020–2027

11. Global Space Electronics Market, by Region

11.1. Introduction

11.2. North America

11.2.1. Market Estimates & Forecast, by Country, 2020–2027

11.2.2. Market Estimates & Forecast, by Platform, 2020–2027

11.2.3. Market Estimates & Forecast, by Component, 2020–2027

11.2.4. Market Estimates & Forecast, by Subsystem, 2020–2027

11.2.5. Market Estimates & Forecast, by Product, 2020–2027

11.2.6. US

11.2.6.1. Market Estimates & Forecast, by Platform, 2020–2027

11.2.6.2. Market Estimates & Forecast, by Component, 2020–2027

11.2.6.3. Market Estimates & Forecast, by Subsystem, 2020–2027

11.2.6.4. Market Estimates & Forecast, by Product, 2020–2027

11.2.7. Canada

11.2.7.1. Market Estimates & Forecast, by Platform, 2020–2027

11.2.7.2. Market Estimates & Forecast, by Component, 2020–2027

11.2.7.3. Market Estimates & Forecast, by Subsystem, 2020–2027

11.2.7.4. Market Estimates & Forecast, by Product, 2020–2027

11.3. Europe

11.3.1. Market Estimates & Forecast, by Country, 2020–2027

11.3.2. Market Estimates & Forecast, by Platform, 2020–2027

11.3.3. Market Estimates & Forecast, by Component, 2020–2027

11.3.4. Market Estimates & Forecast, by Subsystem, 2020–2027

11.3.5. Market Estimates & Forecast, by Product, 2020–2027

11.3.6. UK

11.3.6.1. Market Estimates & Forecast, by Platform, 2020–2027

11.3.6.2. Market Estimates & Forecast, by Component, 2020–2027

11.3.6.3. Market Estimates & Forecast, by Subsystem, 2020–2027

11.3.6.4. Market Estimates & Forecast, by Product, 2020–2027

11.3.7. Germany

11.3.7.1. Market Estimates & Forecast, by Platform, 2020–2027

11.3.7.2. Market Estimates & Forecast, by Component, 2020–2027

11.3.7.3. Market Estimates & Forecast, by Subsystem, 2020–2027

11.3.7.4. Market Estimates & Forecast, by Product, 2020–2027

11.3.8. France

11.3.8.1. Market Estimates & Forecast, by Platform, 2020–2027

11.3.8.2. Market Estimates & Forecast, by Component, 2020–2027

11.3.8.3. Market Estimates & Forecast, by Subsystem, 2020–2027

11.3.8.4. Market Estimates & Forecast, by Product, 2020–2027

11.3.9. Italy

11.3.9.1. Market Estimates & Forecast, by Platform, 2020–2027

11.3.9.2. Market Estimates & Forecast, by Component, 2020–2027

11.3.9.3. Market Estimates & Forecast, by Subsystem, 2020–2027

11.3.9.4. Market Estimates & Forecast, by Product, 2020–2027

11.3.10. Rest of Europe

11.3.10.1. Market Estimates & Forecast, by Platform, 2020–2027

11.3.10.2. Market Estimates & Forecast, by Component, 2020–2027

11.3.10.3. Market Estimates & Forecast, by Subsystem, 2020–2027

11.3.10.4. Market Estimates & Forecast, by Product, 2020–2027

11.4. Asia-Pacific

11.4.1. Market Estimates & Forecast, by Country, 2020–2027

11.4.2. Market Estimates & Forecast, by Platform, 2020–2027

11.4.3. Market Estimates & Forecast, by Component, 2020–2027

11.4.4. Market Estimates & Forecast, by Subsystem, 2020–2027

11.4.5. Market Estimates & Forecast, by Product, 2020–2027

11.4.6. China

11.4.6.1. Market Estimates & Forecast, by Platform, 2020–2027

11.4.6.2. Market Estimates & Forecast, by Component, 2020–2027

11.4.6.3. Market Estimates & Forecast, by Subsystem, 2020–2027

11.4.6.4. Market Estimates & Forecast, by Product, 2020–2027

11.4.7. Japan

11.4.7.1. Market Estimates & Forecast, by Platform, 2020–2027

11.4.7.2. Market Estimates & Forecast, by Component, 2020–2027

11.4.7.3. Market Estimates & Forecast, by Subsystem, 2020–2027

11.4.7.4. Market Estimates & Forecast, by Product, 2020–2027

11.4.8. India

11.4.8.1. Market Estimates & Forecast, by Platform, 2020–2027

11.4.8.2. Market Estimates & Forecast, by Component, 2020–2027

11.4.8.3. Market Estimates & Forecast, by Subsystem, 2020–2027

11.4.8.4. Market Estimates & Forecast, by Product, 2020–2027

11.4.9. Australia

11.4.9.1. Market Estimates & Forecast, by Platform, 2020–2027

11.4.9.2. Market Estimates & Forecast, by Component, 2020–2027

11.4.9.3. Market Estimates & Forecast, by Subsystem, 2020–2027

11.4.9.4. Market Estimates & Forecast, by Product, 2020–2027

11.4.10. Rest of Asia-Pacific

11.4.10.1. Market Estimates & Forecast, by Size, 2020–2027

11.4.10.2. Market Estimates & Forecast, by Subsystem, 2020–2027

11.4.10.3. Market Estimates & Forecast, by Application, 2020–2027

11.4.10.4. Market Estimates & Forecast, by End User, 2020–2027

11.5. Rest of the World

11.5.1. Market Estimates & Forecast, by Region, 2020–2027

11.5.2. Market Estimates & Forecast, by Platform, 2020–2027

11.5.3. Market Estimates & Forecast, by Component, 2020–2027

11.5.4. Market Estimates & Forecast, by Subsystem, 2020–2027

11.5.5. Market Estimates & Forecast, by Product, 2020–2027

11.5.6. Middle East & Africa

11.5.6.1. Market Estimates & Forecast, by Platform, 2020–2027

11.5.6.2. Market Estimates & Forecast, by Component, 2020–2027

11.5.6.3. Market Estimates & Forecast, by Subsystem, 2020–2027

11.5.6.4. Market Estimates & Forecast, by Product, 2020–2027

11.5.7. Latin America

11.5.7.1. Market Estimates & Forecast, by Platform, 2020–2027

11.5.7.2. Market Estimates & Forecast, by Component, 2020–2027

11.5.7.3. Market Estimates & Forecast, by Subsystem, 2020–2027

11.5.7.4. Market Estimates & Forecast, by Product, 2020–2027

12. Competitive Landscape

12.1. Competitive Overview

12.2. Competitor Dashboard

12.3. Major Growth Strategies in the Global Space Electronics Market

12.4. Competitive Benchmarking

12.5. Market Share Analysis

12.6. TT Electronics PLC: The Leading Player in Terms of Number of Developments in the Global Space Electronics Market

12.7. Key Developments & Growth Strategies

12.7.1. Product Launches/Service Deployments

12.7.2. Mergers & Acquisitions

12.7.3. Joint Ventures

13. Company Profiles

13.1. BAE Systems PLC

13.1.1. Company Overview

13.1.2. Product Offering

13.1.3. Financial Overview

13.1.4. Key Developments

13.1.5. SWOT Analysis

13.1.6. Strategy

13.2. Cobham PLC

13.2.1. Company Overview

13.2.2. Product Offering

13.2.3. Financial Overview

13.2.4. Key Developments

13.2.5. SWOT Analysis

13.2.6. Strategy

13.3. Heico Corporation

13.3.1. Company Overview

13.3.2. Product Offering

13.3.3. Financial Overview

13.3.4. Key Developments

13.3.5. SWOT Analysis

13.3.6. Strategy

13.4. Honeywell International Inc.

13.4.1. Company Overview

13.4.2. Product Offering

13.4.3. Financial Overview

13.4.4. Key Developments

13.4.5. SWOT Analysis

13.4.6. Strategy

13.5. Microsemi Corporation

13.5.1. Company Overview

13.5.2. Product Offering

13.5.3. Financial Overview

13.5.4. Key Developments

13.5.5. SWOT Analysis

13.5.6. Strategy

13.6. ON Semiconductor

13.6.1. Company Overview

13.6.2. Product Offering

13.6.3. Financial Overview

13.6.4. Key Developments

13.6.5. SWOT Analysis

13.6.6. Strategy

13.7. ST Microelectronics NV

13.7.1. Company Overview

13.7.2. Product Offering

13.7.3. Financial Overview

13.7.4. Key Developments

13.7.5. SWOT Analysis

13.7.6. Strategy

13.8. Texas Instruments

13.8.1. Company Overview

13.8.2. Product Offering

13.8.3. Financial Overview

13.8.4. Key Developments

13.8.5. SWOT Analysis

13.8.6. Strategy

13.9. Teledyne e2v

13.9.1. Company Overview

13.9.2. Product Offering

13.9.3. Financial Overview

13.9.4. Key Developments

13.9.5. SWOT Analysis

13.9.6. Strategy

13.10. TT Electronics PLC

13.10.1. Company Overview

13.10.2. Product Offering

13.10.3. Financial Overview

13.10.4. Key Developments

13.10.5. SWOT Analysis

13.10.6. Strategy

13.11. Xilinx Inc.

13.11.1. Company Overview

13.11.2. Product Offering

13.11.3. Financial Overview

13.11.4. Key Developments

13.11.5. SWOT Analysis

13.11.6. Strategy

14. Appendix

14.1. References

14.2. Related Reports

14.3. List of Abbreviations

15. Industry Insights

Note: This table of contents is tentative and subject to change as the research progresses.

 

List of Tables

Table 1 Global Space Electronics Market, by Region, 2020–2027

Table 2 North America: Space Electronics Market, by Country, 2020–2027

Table 3 Europe: Space Electronics Market, by Country, 2020–2027

Table 4 Asia-Pacific: Space Electronics Market, by Country, 2020–2027

Table 5 Rest of the World: Space Electronics Market, by Region, 2020–2027

Table 6 Global Space Electronics Market Size, by Region, 2020–2027

Table 7 North America: Space Electronics Market Size, by Country, 2020–2027

Table 8 Europe: Space Electronics Market Size, by Country, 2020–2027

Table 9 Asia-Pacific: Space Electronics Market Size, by Country, 2020–2027

Table 10 Rest of the World: Space Electronics Market Size, by Region, 2020–2027

Table 11 Global Space Electronics, Subsystem Market, by Region, 2020–2027

Table 12 North America: Space Electronics, Subsystem Market, by Country, 2020–2027

Table 13 Europe: Space Electronics, Subsystem Market, by Country, 2020–2027

Table 14 Asia-Pacific: Space Electronics, Subsystem Market, by Country, 2020–2027

Table 15 Rest of the World: Space Electronics, Subsystem Market, by Region, 2020–2027

Table 16 Global Space Electronics, Application Market, by Region, 2020–2027

Table 17 North America: Space Electronics, Application Market, by Country, 2020–2027

Table 18 Europe: Space Electronics, Application Market, by Country, 2020–2027

Table 19 Asia-Pacific: Space Electronics, Application Market, by Country, 2020–2027

Table 20 Rest of the World: Space Electronics, Application Market, by Region, 2020–2027

Table 21 Global Space Electronics, End User Market, by Region, 2020–2027

Table 22 North America: Space Electronics, End User Market, by Country, 2020–2027

Table 23 Europe: Space Electronics, End User Market, by Country, 2020–2027

Table 24 Asia-Pacific: Space Electronics, End User Market, by Country, 2020–2027

Table 25 Rest of the World: Space Electronics, End User Market, by Region, 2020–2027

Table 26 Global Space Electronics Market, by Region, 2020–2027

Table 27 Global Space Electronics Market, by Platform, 2020–2027

Table 28 Global Space Electronics Market, by Component, 2020–2027

Table 29 Global Space Electronics Market, by Subsystem, 2020–2027

Table 30 Global Space Electronics Market, by Product, 2020–2027

Table 31 North America: Space Electronics Market, by Country, 2020–2027

Table 32 North America: Space Electronics Market, by Platform, 2020–2027

Table 33 North America: Space Electronics Market, by Component, 2020–2027

Table 34 North America: Space Electronics Market, by Subsystem, 2020–2027

Table 35 North America: Space Electronics Market, by Product, 2020–2027

Table 36 Europe: Space Electronics Market, by Country, 2020–2027

Table 37 Europe: Space Electronics Market, by Platform, 2020–2027

Table 38 Europe: Space Electronics Market, by Component, 2020–2027

Table 39 Europe: Space Electronics Market, by Subsystem, 2020–2027

Table 40 Europe: Space Electronics Market, by Product, 2020–2027

Table 41 Asia-Pacific: Space Electronics Market, by Country, 2020–2027

Table 42 Asia-Pacific: Space Electronics Market, by Platform, 2020–2027

Table 43 Asia-Pacific: Space Electronics Market, by Component, 2020–2027

Table 44 Asia-Pacific: Space Electronics Market, by Subsystem, 2020–2027

Table 45 Asia-Pacific: Space Electronics Market, by Product, 2020–2027

Table 46 Rest of the World: Space Electronics Market, by Region, 2020–2027

Table 47 Rest of the World: Space Electronics Market, by Platform, 2020–2027

Table 48 Rest of the World: Space Electronics Market, by Component, 2020–2027

Table 49 Rest of the World: Space Electronics Market, by Subsystem, 2020–2027

Table 50 Rest of the World: Space Electronics Market, by Product, 2020–2027

 

List of Figures

FIGURE 1 Research Process of MRFR

FIGURE 2 Top-Down & Bottom-Up Approaches

FIGURE 3 Market Dynamics

FIGURE 4 Impact Analysis: Market Drivers

FIGURE 5 Impact Analysis: Market Restraints

FIGURE 6 Porter's Five Forces Analysis

FIGURE 7 Value Chain Analysis

FIGURE 8 Global Space Electronics Market Share, by Platform, 2020 (%)

FIGURE 9 Global Space Electronics Market, by Platform, 2020–2027 (USD Million)

FIGURE 10 Global Space Electronics Market Share, by Subsystem, 2020 (%)

FIGURE 11 Global Space Electronics Market, by Subsystem, 2020–2027 (USD Million)

FIGURE 12 Global Space Electronics Market Share, by Component, 2020 (%)

FIGURE 13 Global Space Electronics Market, by Component, 2020–2027 (USD Million)

FIGURE 14 Global Space Electronics Market Share, by Product, 2020 (%)

FIGURE 15 Global Space Electronics Market, by Product, 2020–2027 (USD Million)

FIGURE 16 Global Space Electronics Market Share (%), by Region, 2020

FIGURE 17 Global Space Electronics Market, by Region, 2020–2027 (USD Million)

FIGURE 18 North America: Space Electronics Market Share (%), 2020

FIGURE 19 North America: Space Electronics Market, by Country, 2020–2027 (USD Million)

FIGURE 20 Europe: Space Electronics Market Share (%), 2020

FIGURE 21 Europe: Space Electronics Market, by Country, 2020–2027 (USD Million)

FIGURE 22 Asia-Pacific: Space Electronics Market Share (%), 2020

FIGURE 23 Asia-Pacific: Space Electronics Market, by Country, 2020–2027 (USD Million)

FIGURE 24 Rest of the World: Space Electronics Market Share (%), 2020

FIGURE 25 Rest of the World: Space Electronics Market, by Region, 2020–2027 (USD Million)

Space Electronics Market

Space Electronics Market Size is expected to reach USD 1.6 Billion by 2030, registering a CAGR of 5.4% during 2021-2030.

Segmentation

By Platform Satellites Launch Vehicles
By Component Optoelectronics Integrated Circuits
By Subsystem Structural Telemetry
By Product Hardened Tolerant

Key Players

  • BAE Systems PLC (UK)
  • Microsemi Corporation (US)
  • Texas Instruments (US)
  • Xilinx Inc. (US)
  • Cobham PLC (UK)
  • TT Electronics PLC (UK)
  • Teledyne e2v (UK)
  • Heico Corporation (US)
  • Honeywell International Inc. (US)
  • ON Semiconductor (US)
  • ST Microelectronics NV (Switzerland)

Drivers

  • Worldwide Launch Vehicle Industry Development.
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Space Electronics Market Overview 



Submarine Market is projected to reach $ 1.6 Billion by 2030, registering a CAGR of 5.4% During 2021-2030


You must know that the space business is a biological system of organizations and the scholarly community that depends on space-based advances and information. Expanding speculations by different governments in space projects are pushing Space Electronics Market development in the forecasted period. Be that as it may, the cruel natural conditions of space apparatus, such as excessive temperatures and an essentially expanded danger of radiation harm, represent a genuine test to advertise players. 



New and existing Space Electronics Global Market Share players are relied upon to see sizable development during the estimated time frame. Expansion in the creation of satellites and the developing section of business space organizations are adding to the interest for gadgets in the space business effectively. 

 

Space innovation is seeing a quiet insurgency for the Space Electronics Global Market growth. The change of the space business is to a great extent driven by advancements in dispatch and satellite assembling innovation. In the coming years, it is normal that most of the keyspace hardware suppliers will enlarge their item portfolios and upgrade their accomplice networks universally. 

 

The production network of the worldwide space hardware market contains effective material providers, electronic part makers, subsystem makers, rocket makers, and space offices or dispatch administration providers. The advancement of minimal expense gadgets, regional development, and consolidations and acquisitions are the key methodologies embraced by the central parts to acquire a strategic advantage on the lookout. The increase in demand for space electronics products perfectly enhances the Space Electronics Market Revenue for the future forecasted period. 

 

COVID-19 Analysis  

The COVID-19 has influenced economies and enterprises in different nations because of lockdowns, travel boycotts, and business closures. Closure of different plants and industrial facilities has influenced the worldwide stockpile chains and contrarily affected the assembling, conveyance timetables, and deals of items worldwide. Few organizations have effectively declared potential postponements in item conveyances and droop in later deals of their items; likewise, the worldwide travel boycotts forced by nations in Europe, Asia-Pacific, and North America influence joint business efforts and organizations' opportunities. The Space Electronics Market is also affected in a great manner due to the Covid-19 situation. 


Market Dynamics 



  • Effective Market Drivers 


The major drivers in the Space Electronics Market are significant Investment in Satellite Manufacturing and mechanical Advancement in Microprocessors and FPGAs. These drivers are helping in the growth and development of the market in the forecasted period. 



  • Significant Market Challenges 


The significant expense associated with the design and development of space electronic products and challenges in creating a real testing environment for radiation-hardened electronics is hampering the growth and development of the Space Electronics Market in the forecasted period. These challenges must be properly addressed to help in properly maintaining the market situation.



  • Market Opportunities 


The reception of new material to manufacture space electronics and expanding demand for reconfigurable satellite payloads effectively offers great opportunities in the market. These opportunities are paving new options for the market players to enhance their growth. 



  • Market Growth Opportunities


The Space Electronics Market development is driven by angles, like huge interest in satellite assembling, innovative progression in microchips and FPGAs, and the worldwide launch vehicle industry development. Notwithstanding, factors, for example, significant expense related to the plan and advancement of room and troubles in establishing a genuine testing climate for radiation-solidified hardware, are hampering the general market development. The Space Electronics Market is expected to grow at an effective rate in the forecasted period due to the advance and updated technologies development in the market for Space electronics. 


Market Segmentation 



  • By Platform 


The Space Electronics Market has been divided into satellites, dispatch vehicles, and others based on the Platform. The satellites section is relied upon to stay the biggest portion of the worldwide space hardware market during the conjecture time frame. Expanding investment of business space organizations in the satellite environment, like Space X, OneWeb Satellites, and Sky and Space Global Ltd, and the normal dispatch of more than 4,000 satellites somewhere in the range of 2020 and 2025 are relied upon to drive the development of the satellites fragment in the years to come. 



  • By Component type


The Space Electronics Market has been portioned into discrete semiconductors, optoelectronics, incorporated circuits, and others based on component type. The incorporated circuits fragment is relied upon to be the biggest during the conjecture time frame. The expanding interest for little and lightweight hardware that burn-through less force is driving the development of the incorporated circuit's portion of the worldwide Space Electronics Market in the forecasted period of 2020-2025. 



  • By Product Type 


Based on product type, the Space Electronics Market has been divided into radiation-solidified hardware and radiation-lenient hardware. The radiation-lenient portion is probably going to observe a higher development rate during the conjecture time frame because of the expanding interest for business off-the-rack (COTS) parts, definitely lower dispatch costs by business space organizations, and the developing interest for little satellites, particularly for earth perception, correspondence, and systems administration applications. 



  • By Region 


Based on region, the Space Electronics Market is divided into different parts like North America, Europe, Asia-Pacific, and the rest of the world. Among the other regions, the North American region is relied upon to stay in the biggest space hardware market during the conjecture time frame. It is additionally expected to enroll the most elevated development rate in the Space Electronics Market. The presence of NASA, the biggest space office on the planet, in the US, alongside the section of business space organizations, like Space X, is moving the development of the regional Space Electronics market. 


Market Segmentation 



  • By Platform 


The Space Electronics Market has been divided into satellites, dispatch vehicles, and others based on the Platform. The satellites section is relied upon to stay the biggest portion of the worldwide space hardware market during the conjecture time frame. Expanding investment of business space organizations in the satellite environment, like Space X, OneWeb Satellites, and Sky and Space Global Ltd, and the normal dispatch of more than 4,000 satellites somewhere in the range of 2020 and 2025 are relied upon to drive the development of the satellites fragment in the years to come. 



  • By Component type


The Space Electronics Market has been portioned into discrete semiconductors, optoelectronics, incorporated circuits, and others based on component type. The incorporated circuits fragment is relied upon to be the biggest during the conjecture time frame. The expanding interest for little and lightweight hardware that burn-through less force is driving the development of the incorporated circuit's portion of the worldwide market in the forecasted period of 2020-2025. 



  • By Product Type 


Based on product type, the Space Electronics Market has been divided into radiation-solidified hardware and radiation-lenient hardware. The radiation-lenient portion is probably going to observe a higher development rate during the conjecture time frame because of the expanding interest for business off-the-rack (COTS) parts, definitely lower dispatch costs by business space organizations, and the developing interest for little satellites, particularly for earth perception, correspondence, and systems administration applications. 



  • By Region 


Based on region, the Space Electronics Market is divided into different parts like North America, Europe, Asia-Pacific, and the rest of the world. Among the other regions, the North American region is relied upon to stay in the biggest space hardware market during the conjecture time frame. It is additionally expected to enroll the most elevated development rate in the Space Electronics Market. The presence of NASA, the biggest space office on the planet, in the US, alongside the section of business space organizations, like Space X, is moving the development of the regional market. 


Key Market Players 


Major players of the Space Electronics Market are mentioned below:-



  • BAE Systems PLC (UK)

  • Microsemi Corporation (US)

  • Texas Instruments (US)

  • Xilinx Inc. (US)

  • Cobham PLC (UK)

  • TT Electronics PLC (UK)

  • Teledyne e2v (UK)

  • Heico Corporation (US)

  • Honeywell International Inc. (US)

  • ON Semiconductor (US)

  • ST Microelectronics NV (Switzerland)


Regional Analysis 


According to the regional analysis of the market, North America is relied upon to stay the biggest space electronics market during the gauge time frame and is additionally expected to encounter the most noteworthy development during a similar period. Europe and Asia-Pacific are likewise liable to offer valuable development opportunities to showcase players in the coming years. India, China, & Russia are relied upon to be the significant development supporters of the Space Electronics Market in the years to come. The growing creation of satellites, especially the little moons, brings about the high-speed development of the space hardware market in APAC. The rising association of nations like India and China in space exercises reinforces the Space Electronics Market development. Mechanical headways for item advancement in space exercises will likewise guarantee significant market development in the district in the years to come. 


Market Development



  • In April 2018, TT Electronics, a worldwide supplier of designed gadgets to execute basic applications, has presented its New Space Electronics range. TT Electronics' New Space Electronics® offers an answer that conveys diminished screening, and it is completely detectable with demonstrated space-grade legacy. 

  • In September 2018, TT Electronics presented the WDBR-UL series of super-low profile high force resistors, a thick film plan. It is created on the current WDBR item. The new series' creepage, clearances, and force appraisals have been evaluated by the requests of UL508, facilitating the consistency trouble for UL endorsed end clients. 


Market Report Overview



  • Market overview 

  • Global recognition of market Analysis 

  •  Analysis based upon COVID 19

  • Explanation upon the market outlook dynamics

  • Value chain analysis for the market report.

  • Market segmentation overview

  • The regional analysis of market forecast overview

  • Competitive landscape analysis

  • Recent Developments of market Trends


The report highlights the global market Growth development includes its revenue hike's growth potential by the end of the forecast years in 2030 



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Frequently Asked Questions (FAQ) :

The market can record a CAGR of close to 6.53% in the following years.

The key growth strategies employed by the renowned market firms are development of low-cost electronics, regional expansion, and mergers & acquisitions and more.

Increasing participation of commercial space companies in the satellite ecosystem, such as Space X, OneWeb Satellites, and Sky and Space Global Ltd and expected launch of more than 4,000 satellites between 2020 and 2027 make satellite the top segment in the market.

The key component-wise market segments are integrated circuits, optoelectronics, discrete semiconductors, and more.

The presence of NASA in the US, which is the biggest space agency in the world and the increasing entry of various commercial space firms like Space X make North America the top market for space electronics.