Space Electronics Market Report 2022: Rising Investments in Space Companies and Rising Launch Activities by Key Private and Public Players Driving Growth – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The report “Space Electronics Market by Platform, By Application, By Type, By Component: Global Opportunity Analysis and Industry Forecast, 2021-2031” has been added to from ResearchAndMarkets.com offer.

Space Electronics Market was valued at USD 3.3 Billion in 2021 and is projected to reach USD 5.4 Billion by 2031, growing at a CAGR of 5.04% from 2022 to 2031.

Factors such as increased investment in space ventures, increased launch activity by some of the major private and public players, establishment of a communications satellite constellation in LEO, and tourism adoption in the coming years will increase the business opportunities within the space electronics market.

An increase in the application of satellites for a range of activities such as surveillance, real-time imagery, communication, navigation, weather forecasting, broadband and connectivity, research, development and testing, and integration of IoT for various government, commercial and civil-military domains is driving the evolution of the space electronics industry. More than 6,000 satellites were expected to be launched between 2020 and 2027 with launch rates increasing year-on-year. The increase in satellite launches has generated demand for various electronic components of satellites and other peripheral systems, supporting business opportunities.

Companies have adopted product development and launch as the main development strategies in the space electronics industry. Additionally, collaborations and acquisitions are expected to allow key players to enhance their product portfolios and expand into different regions.

Key market segments

By platform

  • Satellite

  • Launch vehicles

  • Deep space probes

By request

  • Communication

  • Earth Observation

  • Navigation, Global Positioning System (GPS) and Surveillance

  • Technological development and education

  • Others

By type

  • Hardened Radiation

  • Radiation tolerance

By component

  • Microprocessors and controllers

  • Sensors

  • Application-specific integrated circuits (ASICs)

  • memory chips

  • Power source and cables

  • Discrete semiconductors

  • Other

By region

  • North America

  • WE

  • Canada

  • Mexico

  • Europe

  • Germany

  • France

  • Italy

  • Spain

  • Russia

  • UK

  • The rest of Europe

  • Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Rest of Asia-Pacific

  • LAMEA

  • Latin America

  • Middle East

  • Africa

Main market players

  • EPS system

  • Cobham Limited

  • Honeywell International Inc.

  • Microchip Technology Inc.

  • RUAG Group

  • STMicroelectronics

  • Teledyne Technologies Incorporated

  • Texas Instruments Incorporated

  • TT electronics

  • Xilinx, Inc.

Main topics covered:

CHAPTER 1 INTRODUCTION

CHAPTER 2: EXECUTIVE SUMMARY

CHAPTER 3: MARKET OVERVIEW

CHAPTER 4: SPACE ELECTRONICS MARKET, BY PLATFORM

CHAPTER 5: SPACE ELECTRONICS MARKET, BY APPLICATION

CHAPTER 6: SPACE ELECTRONICS MARKET, BY TYPE

CHAPTER 7: SPACE ELECTRONICS MARKET, BY COMPONENT

CHAPTER 8: SPACE ELECTRONICS MARKET, BY REGION

CHAPTER 9: CORPORATE LANDSCAPE

CHAPTER 10: COMPANY PROFILES

Companies cited

  • EPS system

  • Cobham Limited

  • Honeywell International Inc.

  • Microchip Technology Inc.

  • RUAG Group

  • STMicroelectronics

  • Teledyne Technologies Incorporated

  • Texas Instruments Incorporated

  • TT electronics

  • Xilinx, Inc.

For more information on this report visit https://www.researchandmarkets.com/r/r3yp6m

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