Radiation Hardened Electronics Market is expected to witness Incredible Growth during 2022 - 2027

Posted July 12, 2022 by avinashgogawale14

From 2022 to 2027, the Radiation Hardened Electronics Market is anticipated to increase from USD 1.5 billion to USD 1.8 billion, with a CAGR of 4.0%.
At a CAGR of 4.0% over the projected period, the Radiation Hardened Electronics Market is anticipated to increase from USD 1.5 billion in 2022 to USD 1.8 billion by 2027. Rising intelligence, surveillance, and reconnaissance (ISR) operations are anticipated to have a beneficial impact on market growth prospects for radiation-hardened electronics.

Systems integrators have developed a type of packaging technique that makes greater use of chiplets and heterogeneous packaging of dies as a result of the ongoing reduction in weight and size as well as changes in the power consumption requirements of space electronics. The manufacturers intend to combine serial connectivity, microprocessors, and memory components into a single system package. Additionally, designers are combining RF parts, a D/A converter, and an A/D converter in a single device, necessitating sophisticated packaging. Low earth orbital applications demand the evolution of multicore CPUs from two to four to eight cores as of today. For instance, CAES is now working on the construction of an eight-core GR765 microprocessor and has already produced a quad-core GR740 processor.

These modern electrical components call for increased power in small packages. Modern FPGAs can now give significant processing power to enhance functionality and capability in space missions thanks to SONOS RadHard NOR Flash Memories that CAES has developed.

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During the projected period, the market for memory components in the Radiation Hardened Electronics Market is anticipated to expand at a faster CAGR. Spacecraft and nuclear weapons are just two essential applications that make use of these memory devices. In order to lessen the total ionising dose (TID) that the semiconductor components receive, these memory components must be radiation hardened. Radiation-hardened memory systems are rapidly in demand due to the aerospace and space industries' growing need for compute-intensive applications. High density and performance are provided by this radiation-hardened memory, which makes it easier to manage enormous amounts of data collected by multiple CPU nodes, digital cameras, and sensors. In the upcoming years, the need for radiation-hardened memory components will increase due to these characteristics.

In the Radiation Hardened Electronics Market, the market for radiation-hardening by design (RHBD) is anticipated to expand at a faster CAGR. In commercially made electronics, the RHBD approach offers enhanced defence against the total-dose and single-event effects. RHBD memory, microcontrollers, and ASICs are frequently used by the defence and space industries as well as in nuclear power plants. Additionally, the RHBD contributes to the baseline performance's optimization as well as the improvement of survivability and level of operability in genuine natural space and radiation-induced weapon situations, which will fuel demand for them in the foreseeable future.

The highest CAGR is anticipated for the Asia-Pacific region during the forecast period. To address the rising need for radiation-hardened electronics in developing nations, particularly in China and India, the research sector, nuclear power plants, and space organisations are working consistently throughout the Asia Pacific region. Companies in this area are making investments in the creation of cost-effective, innovative radiation-hardened electronic goods. The main suppliers of radiation-hardened electronics in the area are China and India, which are anticipated to present profitable expansion prospects to service providers active there.

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Last Updated July 12, 2022