According to a market report by Lucintel, the future of the global space electronics market looks promising with opportunities in the communication, earth observation, navigation, global positioning system (GPS) and surveillance, and technology development and education markets. The global space electronics market is expected to reach an estimated $5 billion by 2030 with a CAGR of 5% from 2024 to 2030. The major drivers for this market are the introduction of communication satellite constellation in LEO, increasing acceptance of space tourism, and growing application of satellites for a range of activities, such as surveillance, real-time imaging, communication, navigation, and weather forecasting.
A more
than 150-page report to understand trends, opportunity and forecast in global space
electronics market to 2030 by platform (satellite, launch vehicles, and deep
space probes), type (radiation hardened, and radiation tolerant), component
(microprocessors and controllers, sensors, application specific integrated
circuits (ASIC), memory chips, power source and cables, discrete semiconductors,
and other), application (communication, earth observation, navigation, global
positioning system (GPS and surveillance, technology development and education,
and others), and region (North America, Europe, Asia Pacific, and the Rest of
the World).
Lucintel
forecasts that satellite is expected to witness highest growth over the
forecast period.
Within
this market, communication will remain the largest segment.
Download
sample by clicking on space electronics
market.
APAC is
expected to witness highest growth over the forecast period.
Xilinx, TT
Electronics, Stmicroelectronics, Ruag, Teledyne Technologies, Texas Instruments
Incorporated, Microchip Technology, Cobham, Honeywell International are the
major suppliers in the space
electronics market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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