Radiation Hardened Electronics Market

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2022
How Does Increase in Satellite Launches Propel
Radiation Hardened Electronics Market?
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In 2021, the radiation hardened electronics
market stood at 1,539.1 million, and it is
expected to advance at a rate of 3.5 during
2021-2030, to hit the 2,104.2 million mark by
2030. The surge in demand for radiation-hardened
components such as nuclear power plants, medical
devices, and aircraft boosts the market.
Moreover, North America has acquired the largest
market share, of 35, attributed to the rise in
advanced technologies and components'
miniaturization.In addition, APAC holds the
third-largest share, and it is expected to
witness the same trend in the near future,
attributed to the increasing focus of emerging
economies such as South Korea and India to fulfil
the growing demand through nuclear power plants.
India saved 600 million tons of carbon dioxide
emission to the environment by generating 755
billion units of electricity and producing nearly
6,700 MW of nuclear energy. Request for sample
pages of this report https//www.psmarketresearch
.com/market-analysis/radiation-hardened-electronic
s-market/report-sampleReconfigurable
radiation-hardened devices have a high demand in
the radiation hardened electronics market,
resulting in increased opportunities for the
players. It enables satellite users to modify
depending on the operation scope when it is the
orbit, resulting in decreasing reconfiguration
costs. The primary companies are increasingly
participating to develop new software-defined
radiation hardened electronic components.
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Commercial off-the-shelf products have captured a
substantial radiation hardened electronics market
share, of 60, attributed to the COTS devices'
high bandwidth. In addition, the rising private
spaceflight industry is growing through
open-system architectures, commercial design
approaches, and COTS electronic technologies.
Moreover, organizations in the healthcare
industry are acquiring COTS products instead of
designing rather than designing customizes
solutions resulting in a market
boost.Radiation-hardened electronics are
crucial in space application boosts the radiation
hardened electronics market, and it is expected
to grow significantly in the forecast years,
attributed to the worldwide increasing
intelligence, surveillance, and reconnaissance
(ISR) operations, resulting in increased
opportunities for market players to offer more
reliable and robust electronic components for
spacecraft.Moreover, the worldwide surge in the
number of internet users with the massive data
volume crowds the satellite spectrum, resulting
in the growing demand for the radiation hardened
electronics. For example, there are around 5
billion internet users globally. In addition, the
rising connectivity usage facilitated by the IoT,
5G, high-altitude platform stations, and
non-geostationary orbit satellite systems has
resulted in an increased requirement for
accessing the satellite spectrum's various
frequency bands.Browse full report
at https//www.psmarketresearch.com/market-analys
is/radiation-hardened-electronics-marketIn
addition, the rise in the number of satellite
launches drives the demand for radiation hardened
electronics. For example, around 7,000 individual
satellites evolve around the earth, which is 30
higher than the last year. It is expected that
around 1000 satellite launches would take place
every year, and by 2028, it would result in 16000
satellites in the earth's orbit.The RHBD
category captures the largest share in the
radiation hardened electronics market, as it
provides several concepts such as layout
solutions, and component configuration. It
enables the reconfiguration of circuit operations
to the prevention of cell failure during missions
and facilitates increased reliability in harsh
environments. In addition, the primary
radioactive material applications are
experiencing the integration of electronic
components through the RHBD technique..
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Therefore, the expansion of the space sector with
the rise in satellite launches drives the
market.ContactPS IntelligencePhone
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