DUBLIN, Nov 25,2016 /PRNewswire/ -- Research and Markets has announced the addition of the "Radiation-Hardened Electronics Market - Global Forecast to 2022" report to their offering.
The Global Radiation-Hardened Electronics Market was valued at USD 935.9 million in 2015 and is expected to reach USD 1.2 billion by 2022. Advancements in FPGA & multicore processor technologies for defense and space applications is one of the major factors fueling the growth of this market. In addition, the demand from the communication satellite segment for rad-hard electronics is also expected to drive the growth of the radiation-hardened electronics market. The key restraining factor for the growth of the radiation-hardened electronics market is the high cost of development and design associated with the development of rad-hard components. Factors such as, increased demand from commercial and military satellite industry for radiation-hardened electronic components, has led to the growth of rad-hard market in these applications. On the other hand, the increased bandwidth requirements and the need for pointing of telecommunication satellites, and the demand for rad-hard components such as multiplexers, diodes, and detectors is also growing in these applications. North America is expected to hold the largest share of the radiation-hardened electronics market during the forecast period, while the market in APAC is expected to grow at the highest rate during the same period. China, Japan, and India are some of the major countries driving the growth of the radiation-hardened electronics market in APAC. Companies Mentioned:
BAE Systems PLC
Linear Technology Corporation
Maxwell Technologies, Inc.
St Microelectronics NV
Texas Instruments, Inc.
Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Market Overview 6 Industry Trends 7 Radiation-Hardened (Rad-Hard) Electronics Market, By Component 8 Radiation-Hardened Electronics Market, By Manufacturing Technique= 9 Radiation-Hardened Electronics Market, By Application 10 Material Selection and Packaging Types in Radiation-Hardened Electronics Market 11 Geographic Analysis 12 Competitive Landscape 13 Company Profile 14 Appendix