Outlook on the $1.8 Billion Radiation-Hardened Electronics Global Market to 2027 - U.S. Market is Estimated at $374.3 Million - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jan 5, 2023--
The “Radiation-Hardened Electronics: Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
The global market for Radiation-Hardened Electronics estimated at US$1.4 Billion in the year 2020, is projected to reach a revised size of US$1.8 Billion by 2027, growing at a CAGR of 3.7% over the analysis period 2020-2027.
Power Management, one of the segments analyzed in the report, is projected to record a 4.2% CAGR and reach US$823 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Processors & Controllers segment is readjusted to a revised 3.6% CAGR for the next 7-year period.
The U.S. Market is Estimated at $374.3 Million, While China is Forecast to Grow at 6.3% CAGR
The Radiation-Hardened Electronics market in the U.S. is estimated at US$374.3 Million in the year 2020. China, the world’s second largest economy, is forecast to reach a projected market size of US$343.2 Million by the year 2027 trailing a CAGR of 6.3% over the analysis period 2020 to 2027.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2% and 3.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.6% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$224.5 Million by the year 2027.
Mixed Signal ICs Segment to Record 3.3% CAGR
In the global Mixed Signal ICs segment, USA, Canada, Japan, China and Europe will drive the 3.3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$206.6 Million in the year 2020 will reach a projected size of US$256.1 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Latin America will expand at a 3.5% CAGR through the analysis period.
Select Competitors (Total 42 Featured) -
- BAE Systems PLC
- Honeywell Aerospace
- Intersil Corporation
- Linear Technology Corporation
- Maxwell Technologies, Inc.
- Microchip Technology, Inc.
- Microsemi Corporation
- Texas Instruments, Inc.
- Xilinx, Inc.
What’s New for 2022?
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Key Topics Covered:
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- Radiation-Hardened Electronics - Global Key Competitors Percentage Market Share in 2020 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2020 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
For more information about this report visit https://www.researchandmarkets.com/r/jw7ssc
View source version on businesswire.com:https://www.businesswire.com/news/home/20230105005861/en/
Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
INDUSTRY KEYWORD: TECHNOLOGY HARDWARE OTHER TECHNOLOGY
SOURCE: Research and Markets
Copyright Business Wire 2023.
PUB: 01/05/2023 12:10 PM/DISC: 01/05/2023 12:09 PM