The future of the space semiconductor market looks promising with opportunities in satellites, launch vehicles, and others. The global space semiconductor market is expected to grow with a CAGR of 6%-8% from 2022 to 2027. The major drivers for this market are growth in satellites, space probes, and launch vehicles; development of small satellites for various sectors; and advancements in technology for product development in space activities.
Texas Instruments, BAE Systems, Cobham, Microsemi, STMicroelectronics, Solid State Devices, T.T.Electronics, Boeing Company, and Xilinx are among the major space semiconductor manufacturers.
A more than 150 page report has been developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched, and other details of the space semiconductor market report, then read this report.
The study includes trends and forecast for the global space semiconductor market by platform type, product type, component type, and rthe egion as follows:
By Platform Type [$M shipment analysis for 2016-2027]:
- Satellites
- Launch Vehicles
- Others
By Product Type [$M shipment analysis for 2016-2027]:
- Radiation-Hardened
- Radiation-Tolerant
By Component Type [$M shipment analysis for 2016-2027]:
- Discrete Semiconductors
- Optoelectronics
- Integrated Circuits
- Others
By Region [$M shipment analysis for 2016-2027]:
- North America
- United States
- Canada
- Mexico
- Europe
- Germany
- United Kingdom
- France
- Italy
- Asia Pacific
- China
- Japan
- India
- South Korea
- The Rest of the World
The analyst forecasts that radiation hardened will remain the largest segment due to the rising adoption of spaceborne next-generation semiconductors. Moreover, radiation hardened space semiconductors have high stability and efficiency at very high temperature applications.
The APAC region is expected to witness the highest growth in the forecast period due increasing number of satellite launch service providers and economic developments in India, China, and Japan.
Features of the Space Semiconductor Market
- Market Size Estimates: Space semiconductor market size estimation in terms of value ($M)
- Trend And Forecast Analysis: Market trends (2016-2021) and forecast (2022-2027) by various segments and regions.
- Segmentation Analysis: Market size by platform type, product type, and component type
- Regional Analysis: Space semiconductor market breakdown by North America, Europe, Asia Pacific, and the Rest of the World
- Growth Opportunities: Analysis of growth opportunities in different platform types, product types, component types, and regions in the space semiconductor market.
- Strategic Analysis: This includes M&A, new product development, and a competitive landscape in the space semiconductor market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
This report answers the following 11 key questions
Q.1 What are some of the most promising potential, high-growth opportunities for the global space semiconductor market by platform type (satellites, launch vehicles, and others), product type (radiation-hardened and radiation-tolerant), component type (discrete semiconductors, optoelectronics, integrated circuits, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the space semiconductor market?
Q.5 What are the business risks and threats to the space semiconductor market?
Q.6 What are the emerging trends in this space semiconductor market and the reasons behind them?
Q.7 What are some changing demands of customers in the space semiconductor market?
Q.8 What are the new developments in the space semiconductor market? Which companies are leading these developments?
Q.9 Who are the major players in the space semiconductor market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in the space semiconductor market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M&A activities did take place in the last five years in the space semiconductor market?
Table of Contents
1. Executive Summary
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Boeing Company
- Texas Instruments
- BAE Systems
- Cobham
- Microsemi
- STMicroelectronics
- Solid State Devices
- T.T. Electronics
- Xilinx
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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