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% during the forecast period. Technological advancements in multicore processors used in military and space applications are major drivers in the market.
A few key radiation-hardened electronics market players are Microchip Technology Inc.(US), BAE Systems (UK), Renesas Electronics Corporation (Japan), Infineon Technologies AG (Germany), and STMicroelectronics (Switzerland), among others. Major strategies adopted by the players in the radiation-hardened electronics market ecosystem to boost their product portfolios, increase their market share, and expand their presence in the market mainly include new product launches, partnerships, and acquisitions.
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Major Radiation Hardened Electronics Companies Include:
BAE Systems (UK)
BAE system is one of the most advanced technology-led defence and aerospace companies that provide defence and aerospace security products and solutions. The company has more than 93,000 skilled employees across 40 counties. The company has a strong presence in the hardened electronics market. The company offers radiation-hardened electronic solutions for applications including satellite communication and spacecraft.
Microchip Technology Inc.(US)
Microchip Technology Inc. is one of the leading semiconductor manufacturers specialised in smart connected and secure embedded control solutions. The company caters to more than 125,000 consumers across the globe. The company caters to different industries through its products, including automotive, consumer, aerospace and defence, and communication, among others. The company operates in two major segments including semiconductor products and technology licensing.
STMicroelectronics (Switzerland)
STMicroelectronics is a major semiconductor company that delivering intelligent and energy efficient power electronic products. The company's major focuses on designing, developing, and manufacturing semiconductor chips for the semiconductor industry. The company offers a range of radiation-hardened electronics products, including ICs, MOSFETs, and ASIC platforms, among others. The company has a wide geographic presence in the US, France, Italy, Netherlands, and Japan, among other countries.
Related Reports:
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
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