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Showing posts with the label Radiation-Hardened Electronics Market Share

Beyond Earth's Limits: Radiation Hardened Electronics Market Surges to $2.1 Billion by 2029

The   Radiation Hardened Electronics Market  is expected to rise significantly, from USD 1.7 billion in 2024 to USD 2.1 billion in 2029. According to a recent analysis from MarketsandMarketsTM, this growth trajectory indicates a Compound Annual Growth Rate (CAGR) of 4.8% for the projection period from 2024 to 2029. The growing need for radiation-hardened electronics in vital applications including satellite communication, space exploration, and defence systems is one of the main drivers of this projected increase. The market is expanding as a result of the increased focus on durable electronic components that can tolerate high radiation levels. The market is expected to grow steadily throughout the forecast period due to improvements in radiation-hardening technologies and materials, which also contribute to the market's optimistic outlook. Download PDF Brochure:   https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=44047967 Radiation-hardened electronics are becoming...

Key Players in the Radiation Hardened Electronics Market Focus on Product Development and Innovation to Stay Ahead

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The   Radiation Hardened Electronics Market   is anticipated to increase from USD 1.5 billion in 2022 to USD 1.8 billion by 2027, growing at a CAGR of 4.0% , according to MarketsandMarketsTM' report "Radiation Hardened Electronics Market by Component (Mixed Signal ICs, Processors & Controllers, Memory, Power Management), Manufacturing Techniques (RHBD, RHBP), Product Type, Application and Geography - Global Forecast to 2027," Radiation-resistant devices are becoming more and more popular because to multicore processing developments for military and space applications. The market for radiation-hardened electronics is also expected to develop as a result of rising global intelligence, surveillance, and reconnaissance (ISR) activities and rising need for electronic devices that can endure harsh nuclear environments. Key Players in the Radiation Hardened Electronics Market are Microchip Technology Inc. (US), BAE Systems (UK), Renesas Electronics Corporation ( Japan ), Inf...

Radiation Hardened Electronics Market Size, Fast-Growing Industry with Share, Trends, Developments, Revenue and Forecast to 2027

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The   Radiation Hardened Electronics Market   is expected to grow from USD 1.5 billion in 2022 to USD 1.8 billion by 2027; it is expected to grow at a CAGR of 4.0% from 2022 to 2027. The market has a promising growth potential due to several driving factors including, growing demand for radiation-hardened electronics in commercial satellites; proliferation of intelligence, surveillance, and reconnaissance (ISR) activities worldwide; and increasing use of electronic systems that can withstand a severe nuclear environment further drives the radiation hardened electronics market.  “Radiation hardened electronics market in North America is expected to maintain the highest share during 2022-2027” North America is expected to hold the largest share of the radiation hardened electronics market throughout the forecast period.  Growth is attributed to the large presence of leading companies such as Honeywell Aerospace & Defense (US), Microchip Technology (US), and Xilinx,...