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 2029
[260 Pages Report] The radiation-hardened electronics market is expected to grow from USD 1.7 billion in 2024 to USD 2.1 billion by 2029, at a CAGR of 4.8% from 2024 to 2029. The market for radiation-hardened electronics is growing due to factors like constant research and development in the material used in electronics, design of the electronics, and testing methodologies. These continuous efforts by the semiconductor companies are improving the performance, reliability, and affordability of radiation-hardened electronic devices.
Silicon, silicon carbide, gallium nitride, and gallium arsenide are the materials widely used in radiation-hardened electronic devices. Two techniques are used to manufacture radiation-hardened electronic devices: radiation hardening by process and radiation hardening by design. The methods have different prices and are used for various technical solutions. The manufacturing process of radiation hardening by design will be in demand. This technique is used in manufacturing radiation devices in space, satellite, and defense applications.
Radiation Hardened Electronics Market Forecast to 2029
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Radiation-Hardened Electronics Market Dynamics
Driver: Increasing intelligence, surveillance, and reconnaissance (ISR) activities.
Intelligence, surveillance, and reconnaissance (ISR) operations are increasing daily in the defense industry to stay one step ahead of enemies and allies. Any ISR operation can be successful if high-quality, reliable, and environmentally acceptable end products are used. Hence, the latest processors, controllers, and electronic equipment are preferred for space and military applications during ISR operations. Electronic equipment must survive in highly challenging environments for an average of 15 years without degrading its performance and power, especially in space operations.
Restraint: Difficulties in creating an authentic testing environment
For the development of radiation-hardened devices, intense testing is required. The applications of radiation-hardened devices are in industries like space and nuclear power plants. Creating a testing environment representing space, a nuclear war, or a defense setup is expensive. Natural environments expose electronics to a complex mix of radiation types, energies, and intensities. To replicate that with accuracy in a testing lab is difficult and often requires multiple sources and techniques.
Opportunity: Increasing demand for commercial-off-the-shelf components in space satellite
As the demand for small and low earth orbit satellites grows, commercial off-the-shelf (COTS) products also increase. For instance, in January 2022, Space X launched a small 105 satellites with a low-cost "Rideshare Mission" to provide modest payloads and affordable access to space. COTS components are beneficial for mission-specific small satellites. COTS solutions have cost-saving features for low-earth orbit satellites, space rovers and robots, launchers, and other applications. These products have solid architecture and provide peripherals like ETHERNET and CAN.
Challenge: Customized requirements from high-end consumers
One of the significant challenges radiation-hardened electronic device manufacturers face is the specific customization required for applications. Radiation-hardened electronic devices have considerable applications in space and the defense sector. The defense and space missions are very confidential and application-oriented, which is why there is a significant difference between the requirements of one consumer and another. To meet the consumer's requirements, the companies require time, money, and a lot of research and development. Companies also need to change their design technique for each customized need of the end user, such as radiation hardening by design and process. This also results in long development cycles of radiation-hardened components.
Radiation-hardened Electronics Market Segmentation
Processors & controllers component will hold significant market share in radiation-hardened electronics market during the forecast period.
Processors and controllers are crucial in synchronizing, directing, and controlling components and ensuring they function accurately. Any failure in processors or controllers can risk the entire space mission. Hence, it is imperative that processors can withstand the space environment and the effects of radiation. Spacecraft system designers adopt radiation-hardened FPGAs to obtain high-speed data communication and improve onboard data processing in extreme space environments.
RHBP is expected to grow at a significant CAGR during the forecast period.
The RHBP technique uses IC fabrication and modifications to harden electronic components. RHBP tackles radiation head-on by creating transistor bodies less sensitive to degrading effects. The method can be widely used where there is not much demand for radiation-hardened components because manufacturers need to modify their IC fab for huge-volume production, which is time-consuming and expensive.
The commercial-off-the-shelf product type segment is expected to dominate the radiation-hardened electronics market from 2024 to 2029.
Radiation-hardened electronics are increasingly being adopted by commercial small satellites and military satellites. The space industry is also continuously booming with NASA deep space missions, mega-constellations of small satellites, etc., demanding microelectronics with high reliability and low-cost benefits. This can be achieved through COTS devices as they can be replaced with pin-out compatible ceramic packages, which offer the same functionality as the original device. This helps to achieve significant cost savings and reduces the risk and development time.
Radiation hardened electronics market in China is expected to maintain the highest CAGR in Asia Pacific region share during 2024
China has made significant progress in the space industry, has a nearly complete range of satellite launch vehicles, and can accomplish various space missions. These include remote sensing satellites with various resolutions covering various spectrums, satellite navigation systems, communication satellites, robust human spaceflight, and the lunar exploration program. Government investments in space technology have a dual purpose. The government of China has plans to become a power in the aerospace industry by 2030 and wants to become a significant power in space by 2045.
Radiation Hardened Electronics Market by Region
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Key Market Players
Key players in the radiation-hardened electronics companies are Microchip Technology Inc.(US), BAE Systems (UK), Renesas Electronics Corporation (Japan), Infineon Technologies AG (Germany), STMicroelectronics (Switzerland), AMD (US), Texas Instruments Incorporated (US), Honeywell International Inc. (US), Teledyne Technologies Inc. (US), and TTM Technologies, Inc. (US). SMEs/startups covered in the study are Cobham Limited (UK), Analog Devices, Inc (US), Data Devices Corporation (US), 3D Plus (France), Mercury Systems, Inc. (US), PCB Piezotronics, Inc (US), Vorago Technologies (US), Micropac Industries, Inc (US), GSI technology, Inc (US), Everspin Technologies Inc (US), Semiconductor Components Industries, LLC (US), AiTech (US), Microelectronics Research Development Corporation (US), Space Micro, Inc (US), and Triad Semiconductor ( US).
Radiation-Hardened Electronics Market Report Scope:
Report Metric |
Details |
Market size available for years |
2020–2029 |
Base year considered |
2023 |
Forecast period |
2024–2029 |
Forecast units |
Thousand/Million/Billion |
Segments Covered |
Component, Manufacturing Technique, Product Type, Application, and Region |
Geographies covered |
Asia Pacific, Europe, North America, and the Rest of the World |
Companies covered |
The key players operating in the radiation-hardened electronics market are Microchip Technology Inc.(US), BAE Systems (UK), Renesas Electronics Corporation (Japan), Infineon Technologies AG (Germany), STMicroelectronics (Switzerland), AMD (US), Texas Instruments (US), Honeywell International Inc. (US), Teledyne Technologies (US), TTM Technologies, Inc. (US), Cobham (UK), Analog Devices, Inc.(US), Data Device Corporation (DDC) (US), 3D Plus (France), Mercury Systems Inc (US), PCB Piezotronics (US), Vorago Technologies (US), Micropac Industries (US), GSI Technology (US), Everspin Technologies (US), Semiconductor Components Industries (US), Aitech (US), Microelectronics Research Development Corporation (US), Space Micro (US), Triad Semiconductor (US). |
Radiation Hardened Electronics Market Highlights
This report categorizes the Radiation Hardened Electronics Market based on Component, Manufacturing Technique, Product Type, Application, and Region.
Segment |
Subsegment |
By Component: |
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By Manufacturing Technique: |
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By Product Type: |
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By Application: |
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By Region: |
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Recent Developments
- In January 2024, Infineon Technologies AG unveiled radiation-hardened asynchronous static random-access memory (SRAM) chips for space applications. These chips, with RADSTOP technology, enhance radiation hardness. This also helps in providing high reliability and performance in harsh environments.
- In September 2023, Infineon Technologies collaborated with Chinese firm Infypower in the new energy vehicle charger market to provide 1200 V CoolSiC MOSFET power semiconductors. This partnership aimed to enhance efficiency in electric vehicle charging stations by offering a wide constant power range, high density, minimal interference, and high reliability for Infypower's 30 kW DC charging module.
Critical questions answered by this report:
How big is the radiation-hardened electronics Market?
The market for radiation-hardened electronics was valued at USD 2.1 billion in 2029. Growth of the Internet penetration rate propels the demand for radiation-hardened electronics across different verticals during the forecast period.
Are radiation-hardened electronics in demand?
It is further expected to grow significantly during the forecast period. The power management product is experiencing significant adoption owing to its ability to deliver the stringent voltage accuracy and load current variation capability required for harsh environments.
What are the various verticals of the radiation-hardening electronics market?
The vertical space showcases the highest CAGR growth during the forecast period.
What region is expected to have a high adoption of the radiation-hardened electronics market?
North America is expected to lead the market during the forecast period.
Who is the Leader in the radiation-hardened electronics market?
BAE Systems (UK) is one of the key players in the radiation-hardened electronics market. The company is one of the leading providers globally, relying on its R&D capabilities and balanced product portfolio.
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The study involved four major activities in estimating the size of the radiation-hardened electronics market. Exhaustive secondary research has been done to collect information on the market, peer market, and parent market. Validation of these findings, assumptions, and sizing with industry experts across the value chain through primary research has been the next step. Both top-down and bottom-up approaches have been employed to estimate the global market size. After that, market breakdown and data triangulation have been used to estimate the market sizes of segments and subsegments.
Secondary Research
Secondary sources that were referred to for this research study include corporate filings (such as annual reports, investor presentations, and financial statements), trade, business, and professional associations, white papers, certified publications, articles from recognized authors, directories, and databases. Secondary data was collected and analyzed to arrive at the overall market size, further validated by primary research.
Primary Research
Extensive primary research was conducted after understanding and analyzing the radiation-hardened electronics market scenario through the secondary research process. Several primary interviews were conducted with key opinion leaders from both the demand- and supply-side vendors across four major regions—North America, Asia Pacific, Europe, and RoW (including the Middle East, Africa, and South America). After interacting with industry experts, brief sessions were conducted with highly experienced independent consultants to reinforce the findings from our primary. This, along with the in-house subject matter experts’ opinions, has led us to the findings as described in the remainder of this report.
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
In the complete market engineering process, both top-down and bottom-up approaches have been used, along with several data triangulation methods, to estimate and forecast the size of the market and its segments and subsegments listed in the report. Extensive qualitative and quantitative analyses have been carried out on the complete market engineering process to list the key information/insights pertaining to the radiation-hardened electronics market.
The key players in the market have been identified through secondary research, and their rankings in the respective regions have been determined through primary and secondary research. This entire procedure involved the study of the annual and financial reports of top players, as well as interviews with industry experts such as chief executive officers, vice presidents, directors, and marketing executives for both, quantitative and qualitative key insights. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources. All parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data. This data has been consolidated and enhanced with detailed inputs and analysis from MarketsandMarkets and presented in this report.
Radiation Hardened Electronics Market: Bottom-Up Approach
Data Triangulation
After arriving at the overall size of the radiation-hardened electronics market from the market size estimation process explained above, the total market has been split into several segments and subsegments. The market breakdown and data triangulation procedures have been employed, wherever applicable, to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The data was triangulated by studying various factors and trends from both the demand and supply sides. Along with this, the market size has been validated using the top-down and bottom-up approaches.
Market Definition
Radiation hardening is the development of electronic components and systems that are resistant to destruction or failures caused by ionizing radiation (particle radiation and high-energy electromagnetic radiation) occurring in outer space, high-altitude flights, around nuclear reactors, particle accelerators, during nuclear accidents, or nuclear warfare. Most semiconductor electronic components are susceptible to damage by radiation; radiation-hardened components are based on their hardened equivalents, with some design and manufacturing variations that reduce their susceptibility to damage by radiation.
Key Stakeholders
- Associations and Regulatory Authorities Related to Radiation-hardened Electronics.
- Government Bodies, Venture Capitalists, and Private Equity Firms
- Original Equipment Manufacturers (OEMs)
- Semiconductor Component Suppliers
- Radiation-hardened Equipment Distributors and Sales Firms
- Software Solution Providers
- System Integrators for Radiation-hardened Electronic Components
- Research Institutes and Organizations
Report Objectives
- To define, describe, and forecast the radiation-hardened electronics market size by component, manufacturing techniques, product type, and application in terms of value.
- To describe and forecast the size of the radiation-hardened electronics market across 4 regions, namely, North America, Europe, Asia Pacific, and the Rest of the World, along with their respective country-level market sizes.
- To analyze the material selection and packaging types utilized in the market.
- To provide detailed information regarding the drivers, restraints, opportunities, and challenges influencing the market growth
- To provide a comprehensive overview of the value chain of the market ecosystem
- To strategically analyze micromarkets1 with respect to individual growth trends, prospects, and contributions to the overall market size
- To analyze opportunities for stakeholders by identifying high-growth segments of the radiation-hardened electronics market
- To strategically profile the key players and comprehensively analyze their market positions in terms of their ranking and core competencies.
- To analyze competitive developments, such as product launches, deals (mergers, acquisitions, joint ventures, and investments), and others (expansions), in the radiation-hardened electronics market
Available Customizations
With the given market data, MarketsandMarkets offers customizations according to the specific requirements of companies. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of 25 market players
Growth opportunities and latent adjacency in Radiation Hardened Electronics Market