Radiation Resistant Converter Market Report 2026

The radiation resistant converter market size has grown strongly in recent years. It will grow from $1.21 billion in 2025 to $1.32 billion in 2026 at a compound annual growth rate (CAGR) of 9.1%. The growth in the historic period can be attributed to increasing adoption of aerospace electronics, nuclear energy expansion, defense modernization programs, rising demand for medical imaging devices, limited availability of radiation-hardened components.

The radiation resistant converter market size is expected to see strong growth in the next few years. It will grow to $1.85 billion in 2030 at a compound annual growth rate (CAGR) of 8.8%. The growth in the forecast period can be attributed to growth in space exploration missions, expansion of nuclear power plants, demand for radiation-resistant medical equipment, advancement in autonomous defense systems, increase in industrial electronics deployment in harsh environments. Major trends in the forecast period include radiation-hardened components adoption, high-reliability power conversion, miniaturization of power electronics, advanced thermal management solutions, enhanced shielding techniques.

The increase in nuclear power generation is anticipated to drive the growth of the radiation-resistant converter market in the future. Nuclear power generation involves producing electricity by utilizing heat from controlled nuclear fission reactions within a reactor to operate steam turbines. This sector is expanding as countries prioritize reducing greenhouse gas emissions and shifting toward low-carbon energy sources to achieve global climate targets while maintaining a stable and continuous electricity supply for rising industrial and residential needs. Radiation-resistant converters play a critical role in nuclear power generation by providing dependable power conversion and shielding vital control and monitoring systems from damaging ionizing radiation. For example, in June 2025, the World Nuclear Association, a UK-based nuclear advocacy group, reported that nuclear power plants produced 2,602 TWh of electricity in 2023, up from 2,545 TWh in 2022. Hence, the growth in nuclear power generation is driving demand for radiation-resistant converters.

Key players in the radiation-resistant converter market are developing innovative radiation-tolerant power converters to improve the performance, reliability, and durability of electronic systems operating in radiation-prone environments. Radiation-tolerant power converters are designed to safely convert electrical power in areas exposed to ionizing radiation, such as space or nuclear facilities. For instance, in May 2024, Microchip Technology Inc., a US-based semiconductor firm, introduced the radiation-tolerant LE50-28 isolated DC-DC 50W power converters, aimed at the expanding Low-Earth Orbit (LEO) satellite market and other new space applications. The LE50-28 series features a design that can endure up to 50 krad total ionizing dose (TID) and resist single event latch-up (SEL) at 37 MeV·cm²/mg, ensuring dependable operation in extreme conditions. Each converter delivers up to 50 W, with the capacity to parallel up to four units for a combined output of 200 W, providing scalable power solutions.

In September 2024, Honeywell International Inc., a U.S.-based aerospace and industrial technology company, acquired CAES Systems Holdings LLC from Advent International for approximately US $1.9 billion. The acquisition is intended to reinforce Honeywell’s defense and space portfolio by incorporating CAES’s high-reliability radio frequency technologies and leveraging its automated manufacturing capabilities and engineering expertise to strengthen support across key military platforms, while extending Honeywell’s existing solutions to new applications such as radar, UAS, and counter-UAS systems. CAES Systems Holdings LLC is a U.S.-based defense technology provider specializing in advanced electronics, radio frequency, and radar solutions for land, sea, air, and space platforms.

Major companies operating in the radiation resistant converter market are Honeywell International Inc., Texas Instruments Incorporated, STMicroelectronics, Micross Hi‑Rel Power Solutions, Infineon Technologies AG, Analog Devices Inc., Renesas Electronics Corporation, ON Semiconductor Corporation, Microchip Technology Inc., Teledyne Technologies Incorporated, HEICO Corporation, Crane Company, Intersil Corporation, Cobham Advanced Electronic Solutions, Teledyne e2v, Data Device Corporation, Clyde Space, VPT Inc., APC Technology Group, MSA Components GmbH, EPS Space.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs have affected the radiation resistant converter market by increasing costs for imported radiation-hardened components and advanced materials, causing supply chain disruptions for manufacturers. High-value segments like aerospace, defense, and medical equipment are most impacted, particularly in North America, Europe, and Asia-Pacific regions. While tariffs have created cost pressures, they have also encouraged local sourcing, domestic production, and innovation in more efficient and cost-effective radiation-resistant converter solutions.

The radiation resistant converter market research report is one of a series of new reports that provides radiation resistant converter market statistics, including radiation resistant converter industry global market size, regional shares, competitors with a radiation resistant converter market share, radiation resistant converter market segments, market trends and opportunities, and any further data you may need to thrive in the radiation resistant converter industry. This radiation resistant converter market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

A radiation resistant converter is an electronic power conversion device engineered to function reliably in environments with high radiation levels. These converters incorporate radiation-hardened components and shielding methods to endure total ionizing dose (TID), single event effects (SEE), and other radiation-related damages without losing performance or experiencing failure.

The primary types of radiation resistant converters include power converters, signal converters, data converters, and optical converters. Power converters are electronic systems that transform electrical energy from one form to another to meet specific voltage, current, or frequency needs across various applications. These converters employ technologies such as silicon-based, gallium arsenide (GaAs), silicon carbide (SiC), and other advanced materials. They are extensively used in sectors including aerospace, nuclear power, medical devices, industrial settings, and defense. Major end users span the commercial sector, government and defense agencies, healthcare providers, research organizations, and the energy industry.North America was the largest region in the radiation resistant converter market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the radiation resistant converter market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the radiation resistant converter market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The radiation resistant converter market consists of revenues earned by entities by providing services such as power conversion, radiation hardening, voltage regulation, thermal and environmental protection, and redundant power support. The market value includes the value of related goods sold by the service provider or included within the service offering. The radiation resistant converter market also includes sales of products, including radiation-hardened DC-DC converters, AC-DC converters, isolated power modules, point-of-load (POL) converters, and custom power supply units. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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