Home > Semiconductors & Electronics > Electronics > Radiation Hardened Electronics Market

Radiation Hardened Electronics Market Trends

Report ID: GMI8918
Published Date: Apr 2024
Report Format: PDF

Download Free Sample

Radiation Hardened Electronics Market Trends

In mission-critical applications, reliability and longevity are paramount. Radiation-hardened electronics excel in such environments due to their enhanced resilience against radiation-induced failures, ensuring uninterrupted operation even in harsh conditions. Their durability and robustness make them indispensable for critical systems where failure can have catastrophic consequences, making radiation-hardened electronics the preferred choice for ensuring uninterrupted performance and safety in mission-critical operations.

Investments in R&D for radiation-hardened electronics focus on creating new materials, design approaches, and manufacturing techniques to improve performance & reliability. This entails exploring novel radiation-resistant materials, innovative circuit designs, and more robust fabrication processes. These advancements aim to enhance the durability and functionality of electronics in radiation-prone environments, ensuring greater resilience & longevity.

Authors: Suraj Gujar , Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

The radiation hardened electronics industry was valued at over USD 1.5 billion in 2023 and is estimated to register a CAGR of over 5% between 2024 & 2032, driven by increasing space exploration missions and satellite deployments.

RHBP manufacturing technique segment held a decent market share in 2023 and is expected to register a CAGR of over 5.5% through 2032, as it provides a cost-effective solution for enhancing the radiation resistance of electronics.

Asia Pacific radiation hardened electronics industry held a revenue share of over 30% in 2023 and will show strong growth trends through 2032, owing to rising space exploration programs and satellite deployments by countries including China and India.

Honeywell International Inc., BAE Systems, Microchip Technology Inc., Renesas Electronics Corporation, Advanced Micro Devices, Inc. are some of the major industry contenders.