Space semiconductors are specialized devices designed to operate reliably in the challenging conditions of outer space. These semiconductors are engineered to endure high radiation levels, extreme temperature fluctuations, and the vacuum environment of space. They play a critical role in a wide range of space-based applications, including satellites, spacecraft, and telescopes, as well as in scientific exploration missions like the Mars rover Curiosity.
Space semiconductors are crucial for ensuring the performance and longevity of space systems, enabling communication, data processing, navigation, and scientific observation in environments where standard electronics would fail. Their robustness against radiation and temperature extremes makes them indispensable for the successful operation of space technologies.
The global Space Semiconductor market was valued at USD 2.2 Billion in 2021 and it is anticipated to grow up to USD 7.2 Billion by 2031, at a CAGR of 12.3% during the forecast period.
Download Research Report Sample & TOC:
https://www.globalinsightservices.com/request-sample/?id=GIS22213
(We are providing report as per your research requirement, including the Latest Industry Insight’s Evolution and Potential)
- 9 – Chapter
- 291 – Pages
- Industry: Semiconductors & Electronics
Key trends:
The rising acceptance of wide bandgap semiconductor materials is a key driver of growth in the space semiconductor market. These materials, such as Gallium Nitride (GaN) and Silicon Carbide (SiC), offer significant advantages for space applications, including superior power efficiency, reduced size, lightweight construction, and lower overall costs. GaN and SiC are particularly well-suited for space environments due to their resistance to radiation and ability to operate at extremely high temperatures.
The increasing focus on research and development (R&D) and investment in the space industry is further accelerating the adoption of these advanced materials. Wide bandgap semiconductors are being used to develop highly efficient High Electron Mobility Transistors (HEMTs) and Field Effect Transistors (FETs), which are crucial components in advanced space systems. Their ability to withstand the harsh conditions of outer space makes them an ideal choice for a variety of space applications, contributing to the growing demand for these innovative materials in the space semiconductor market.
Get Special Pricing of Reports with your Requirements:
https://www.globalinsightservices.com/request-special-pricing/GIS22213
Market Segmentation:
By Type:
The market is classified into radiation-hardened grade, radiation-tolerant grade. The Radiation-Hardened Grade segment was valued at USD xx million in 2021 and it is anticipated to grow further till USD xx million by 2031, at a CAGR of xx% during the forecast period.
By Application:
It segmented into satellites, launch vehicles, rovers, and others. The satellites segment was valued at USD xx million in 2021 and it is anticipated to grow further till USD xx million by 2031, at a CAGR of xx% during the forecast period.
Inquiry before Buying:
https://www.globalinsightservices.com/inquiry-before-buying/GIS22213
Data Summary:
Report Attribute |
Details |
| Market Size in 2022 | $2.2 bn |
| Market Size in 2032 | $7.2 bn |
| Growth Rate (2022-32) | 12.3% |
| Historic Period | 2016-2021 |
| Forecast Period | 2023-2032 |
| Base Year | 2022 |
| Segments Covered | Type, Application, Component, and Region |
| Key Companies | Teledyne Technologies Incorporated, Infineon Technologies AG , Texas Instruments Incorporated, Microchip Technology Inc, Cobham Advanced Electronic Solutions Inc, STMicroelectronics International N.V, Solid State Devices Inc, Honeywell International Inc, Xilinx Inc, BAE System Plc |
| Regional Scope | North America, Europe, Asia Pacific, Central & South America, Middle East & Africa |
| Analysis Coverage | Market Forecast, Competitive Landscape, Drivers, Trends, Restraints, Opportunities, Value-Chain, PESTLE, Key Events and Developments |
Recent Developments
- In October 2022, MSU collaborated with Texas Instruments to create Space Electronics Center. MSU Space Electronics Center will focus on electronic circuits and systems that are less susceptible to damage from exposure to the ionizing radiation typically present in space.
- In March 2022, AMD acquired semiconductor company Xilinx for $50 billion in its push into the automotive hardware space.
- In October 2021, Honeywell launched Honeywell Anthem, a revolutionary connected avionics product that, due to its modularity, can be used across all the aviation platform including UAM/UAS, Air Transport, Commercial aviation and military aviation.
- In March 2021, Teledyne acquired the outstanding stock of FLIR for approximately $8.1 billion, comprising of net
- In February 2021, Honeywell acquired 100% of the shares outstanding of Sparta Systems, a leading provider of enterprise quality management software for the life sciences industry, for $1,303 million. Sparta Systems is expected to further strengthen the Company’s leadership in industrial automation, digital transformation solutions, and enterprise performance management software.
Procure Complete Report (291 Pages PDF with Insights, Charts, Tables, and Figures) @ https://www.globalinsightservices.com/checkout/single_user/GIS22213
Key Players:
- Teledyne Technologies Incorporated
- Infineon Technologies AG
- Texas Instruments Incorporated
- Microchip Technology Inc
- Cobham Advanced Electronic Solutions Inc
- STMicroelectronics International N.V
- Solid State Devices Inc
- Honeywell International Inc
- Xilinx Inc
- BAE System Plc
By Region
- North America (U.S., Canada, Mexico)
- Europe (UK, Germany, France, Italy, Rest of Europe)
- Asia-Pacific (China, Japan, India, South Korea, Rest of Asia-Pacific)
- Latin America (Brazil, Argentina, Rest of Latin America)
- Middle East and Africa (UAE, Saudi Arabia, Rest of Middle East And Africa)
With Global Insight Services, you receive:
- 10-year forecast to help you make strategic decisions
- In-depth segmentation which can be customized as per your requirements
- Free consultation with lead analyst of the report
- Infographic excel data pack, easy to analyze big data
- Robust and transparent research methodology
- Unmatched data quality and after sales service
Contact Us:
Global Insight Services LLC
16192, Coastal Highway, Lewes DE 19958
E-mail: [email protected]
Phone: +1-833-761-1700
Website: https://www.globalinsightservices.com/
About Us:
Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.