Title: Global Space Electronics Market Analysis 2024 – Estimated Market Size And Key Drivers
1Space Electronics Global Market Report 2024
Market Size, Trends and Global Forecast 2024-2033
2Space Electronics Market Segments
The Business Research Company segments its Space
Electronics market report as
Radiation Hardened, Radiation Tolerant
By Type
By Component
Microprocessors And Controllers, Sensors,
Application Specific Integrated Circuits, Memory
Chips
By Platform
Satellite, Launch Vehicles, Deep Space Probes
By Industry
3Market Statistics
The space electronics market size has grown
strongly in recent years. It will grow from 2.5
billion in 2023 to 2.68 billion in 2024 at a
compound annual growth rate (CAGR) of 7.4. The
space electronics market size is expected to see
strong growth in the next few years. It will grow
to 3.5 billion in 2028 at a compound annual
growth rate (CAGR) of 6.9.
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4Key Market Drivers And Trends
Drivers
An increase in number of satellites is expected
to propel the growth of the space electronics
market going forward.
Trends
Rising investment in space programs is expected
to propel the growth of the space electronics
market going forward.
Region
North America was the largest region in the
control valve market. The regions covered in the
global control valve market report are
Asia-Pacific, Western Europe, Eastern Europe,
North America, South America, Middle East and
Africa.
5Key Market Players
- Major players in the Space Electronics market
are - BAE Systems PLC
- Microsemi Corporation
- Texas Instruments, Inc.
- Xilinx Inc., Cobham PLC
- Honeywell International Inc
- And more.
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