Radiation Hardened Electronics refers to the electronic components (circuits, resistors, transistors, capacitors, diodes, etc.), single-board computer CPUs, packages, and products primarily used for satellite, space, nuclear plant, and military applications. They are designed to withstand exposure to radiation and extreme temperatures (-55°C to 125°C). The process of hardening helps in preventing electronics from damage, melting, or breaking.
|Study Period||Historical Data: 2018-20|
|Base Year: 2021|
|Forecast Period: 2022-28|
|Regions Covered||North America: USA, Canada, Mexico|
|Europe: Germany, UK, France, Spain, Russia|
|Asia-Pacific: China, India, Japan, South Korea, Australia|
|South America: Brazil, and Argentina|
|Middle East & Africa: UAE, Saudi Arabia, South Africa, Israel|
|Key Companies Profiled||HEICO Corporation, Analog Devices Inc., Anaren Inc., BAE Systems, Cobham PLC, Data Device Corp., Honeywell International Inc., IBM Corp, Infineon Technologies, Microchip Technologies Inc., Micropac Technology Inc., Renesas Electronics Corporation, Solid State Devices Inc., ST Microelectronics N.V., Texas Instruments, Teledyne Technologies Inc., The Boeing Company, Xilinx Inc|
|Unit Denominations||USD Million/Billion|
The Global Radiation Hardened Electronics Market is anticipated to grow at a CAGR of around 4.1% during the forecast period, i.e., 2022-28, says MarkNtel Advisors. Radiation-hardened electronics are widely used in industries to protect devices from extreme radiation exposure. Radiation hardening is used across the electronic industry to develop components like power-management devices, microprocessors, and solid-state memory that are economical to buy yet strong enough to survive in space for years.
Moreover, the surge in Intelligence, Surveillance, & Reconnaissance (ISR) operations and the booming demand for electronic components that can withstand radiations in the nuclear power industry & military applications are other crucial aspects expected to drive the market in the coming years.
The Impact of COVID-19 on the Global Radiation Hardened Electronics Market
Of them all, the Space Application is expected to capture the largest market share in the coming years. It owes to the mounting demand for radiation-hardened electronics for TV broadcasting, telephone satellites, nanosatellites & microsatellites, etc., and the surging global requirements for earth observation satellites, space-based military, and agriculture surveillance & monitoring. Radiation protection is a crucial design aspect for electronic components used in space-based applications.
Satellites need to withstand extreme space environments like rapidly changing temperatures, high-energy particle attacks, satellite body charging effects, and radiations. These dynamics fuel the requirement for highly reliable system components that can overcome the damaging effects, thereby propelling the demand for Radiation-Hardened Electronics for space applications.
Of them all, the demand for Radiation-Hardened Power Sources is projected to witness sturdy growth during 2022-28, mainly due to the rising need for MOSFETs and switches for space & defense applications. Power MOSFETs are used as a highly reliable component in the outer space requirements since they pose excellent durability characteristics against ionizing radiations & high-energy-charged particles.
Additionally, power supplies in space applications require enhanced components to tolerate extreme solar & electromagnetic effects and particle interactions. The electromagnetic & solar events degrade the quality & operation of space-based systems. Hence, the demand for radiation-hardened Power Sources is expected to increase significantly in the forecast period.
Here, North America attained the largest market share in recent years. Being an ardent user of satellite-based communication systems, the US is the major contributor to the regional market growth. It owes to the development of integrated technology for making advanced weapons that use radiation-hardened electronics to increase resistance against damage.
Besides, the extensive presence of leading defense & space research institutes in the country is another crucial factor driving the regional market. In addition, the US is investing massively to upgrade fabrication facilities for making radiation-hardened chips used in the nuclear arsenal. It is spending up to $170 million to improve the ability of SkyWater Technology Foundry in Bloomington, Minn, to enhance its radiation-hardened-chip line for the requirements for the Defense Department.
Rising Demand for Radiation Hardened Electronics in Intelligence, Surveillance, and Reconnaissance Operations through 2028
The defense sector depends on electromagnetic radiation mainly for various Intelligence, Surveillance, and Reconnaissance (ISR) applications like Signals Intelligence (SIGINT) & missile early warning. Using electromagnetic radiation helps the military enable communications, navigation, radar, and non-intrusive inspection of aircraft & other equipment.
The increasing ISR operations in the military to monitor & handle the actions of enemies is the prime aspect expected to drive the Global Radiation-Hardened Market in the coming years. To make an ISR operation successful, all systems used in the process should be of high quality & exceptionally reliable. Hence, the demand for radiation-hardened electronics is burgeoning rapidly since they are preferred profoundly for space, military, & maritime applications during ISR operations.
Possible Growth Challenges
Key Questions Answered in the Market Research Report:
Frequently Asked Questions
A. The Global Radiation Hardened Electronics Market is projected to grow at a CAGR of around 4.1% during 2022-28.
A. The Space Application in the Global Radiation Hardened Electronics Market is anticipated to capture the largest share during 2022-28.
A. North America is expected to continue dominating the Global Radiation Hardened Electronics Market during 2022-28 and create immense growth opportunities for the leading market players.