30 October 2020
Visiongain has published a new report on Radiation-Hardened Electronics Market Report : Forecasts by Component (Microprocessors and Controllers, Semiconductors, Power Sources, Field-Programmable Gate Array, Sensors, Application-Specific Integrated Circuit), by Sub System (Hardware, Software), by End Use (Defence, Nuclear Power Plants, Space) AND Regional and Leading National Market Analysis PLUS Analysis of Leading Companies AND COVID-19 Recovery Scenarios.
Global radiation-hardened electronics market is estimated to be valued at US$ xx billion in 2021 and is projected to grow at a CAGR of xx% to reach a market value of US$ xx billion by 2031. Radiation-Hardened Electronics market has been witnessing strong growth over the past few years owing to significant investments in space exploration programs across the globe. Radiation-Hardened Electronics are highly used for space application which is required to decommissioning nuclear power plants and also to carry out human activities in space accelerator. Harsh nuclear environments cause severe problems for human being when they are exposed for longer times. This has resulted in the development of specific robotic technologies and remote technologies to reduce the human exposure to nuclear environment. However, development of robots requires electronics devices made of materials which are capable of withstanding nuclear environment for longer durations, which is one of the key factors driving the Radiation-Hardened Electronics market over the past few years and trend is expected to continue over the forecast period. Companies have been investing significantly on R&D activities to develop various Radiation-Hardened electronics devices such as cameras, sensors, microprocessors, and various semiconductors in the recent past.
In Addition to nuclear power plants and space, defense is also one of the major end users for Radiation-Hardened electronics. Defense forces across the globe are carrying out various R&D activities to develop mobile and mini nuclear reactors to serve armed forces with continuous power supply at their military bases. Therefore, ongoing R&D programs to develop mini portable nuclear reactors are expected to spurt the growth of Radiation-Hardened electronics market over the forecast period.
COVID-19 Impact on Radiation-Hardened Electronics Market
Covid-19 has impact the global economies on the larger scale owing to majority of the countries announced lockdown to contain the spread of corona virus. Several businesses have been affected negatively affected by the pandemic resulting in economic instability across the globe. As a result, GDP of the top spending countries on Radiation-Hardened electronics such as US, Russia, Germany, and India are expected to shrink in coming years, which is expected to slow down the market growth in next two to three years.
Some of the company’s profiled in this report include BAE Systems, Cobham plc, Data Device Corporation, Analog Devices Inc, Honeywell International Inc, Infineon Technologies Inc., IBM Corporation, Micropac Industries Inc., Renesas Electronics Corporation and Microchip Technology Inc.
• In September 2019, Idaho National Laboratory, a US based company has developed a new instrument called Micro-Pocket Fission Detector (MPFD). MPFD is a sensor that is capable of measuring the amount of neurons coursing inside the nuclear reactor. This Fission Detector can be equipped with radiation-hardened pre-amplifier, which helps in electronic circuits to withstand high amount of nuclear radiation for longer period.
• In October 2019, Sandia National Labs has announced that the company is upgrading its radiation-hardened chips production line, which is used for nuclear weapons. US has also announced that they are investing US$ 170 million on SkyWater Technology Foundry to improve their production line of radiation-hardened-chip to cater to various Defense Department needs.
Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to firstname.lastname@example.org or call her on +44 (0) 20 7549 9987.
Visiongain is one of the fastest-growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-to-business reports focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.
Visiongain publishes reports produced by analysts who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.
The foundation for effective ground and flight testing in the aviation industry is the development of safe and reliable measurement technology. Over the forecast period, this is expected to fuel the global aviation test equipment market.
01 April 2021
The increasing application of radar systems in wake of emerging demand for unmanned vehicles, and growing demand of radar systems for homeland security purpose is expected to drive the growth of the radar systems market over the forecast years.
24 March 2021
The civil & commercial application drones are projected to grow in high demand over the forecast timeframe. This growth in demand can be credited to the rising adoption of small drones for several civil & commercial applications, for instance, remote sensing, mapping monitoring, and surveying.
24 March 2021
The growing demand for uninterrupted communication in several businesses, along with the growing number of connected and autonomous vehicles have resulted in raising the focus of satellite manufacturing companies and associated firms active in the industry.