According to the latest market research study released by Technavio, the global radiation hardened electronics market is expected to grow at a CAGR of more than 3% during the forecast period 2016-2020.
This market research report by Technavio provides an in-depth analysis of the market in terms of revenue and emerging market trends. The report also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
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Technavio research analysts categorize the global rad-hard electronics market based on application:
Global rad-hard electronics market share by application 2015
|
Satellites |
68.39% |
|
Avionics |
16.30% |
|
Nuclear power reactors |
10.22% |
|
Industrial |
3.31% |
|
Weapon systems (nuclear) |
1.78% |
Source: Technavio
The top three revenue generating end-user segments are discussed below:
Satellites
In 2015, the satellites segment accounted for around 68% share of the global rad-hard electronics market and will continue to be the largest segment during the forecast period owing to the high demand for these electronics from the US and BRIC nations. Another major segment that contributes to the market’s growth is the commercial satellite segment. Though the commercial satellite industry grew at a decent rate, it did not contribute significantly to the revenue of the global rad-hard market. The number of rad-hard electronics used in commercial satellites is low as these are LEO satellites, which are exposed to low level of radiation.
“Commercial satellite projects which are expected to be executed during the forecast period, have longer lifecycles and are designed to be more rough and tough. These qualities have increased the volume of rad-hard electronics consumed per commercial satellites. Commercial satellite vendors used this strategy to achieve a higher-cost advantage by extending the shelf life of satellites,” says Chetan Mohan, a lead analyst at Technavio for research on embedded systems.
The growing preference for durable satellites is expected to drive the growth of the satellite segment, resulting in higher revenues for the global rad-hard electronics market during the forecast period.
Avionics
The avionics segment deals with electronics that are used in aircraft for military sectors, government, and commercial. Aircrafts are often exposed to the radiation projected from the sun as they fly at high altitudes. The level of radiation increases with the altitude of the earth’s surface, which calls for the need of rad-hard versions of electronic components such are SoCs, power controls, MPUs, MCUs, ASICs, and passive remote sensing systems. The segment is predicted to grow at a volatile rate during the forecast period. The rad-hard level required for most of the avionics is less than 100 Krad. Radiation-tolerant devices are predicted to replace rad-hard electronics in the avionics segment in distant future due to technological advances, which have enabled these devices to handle up to 100 Krad. Due to the lower costs and growing reliability, aircraft OEMs opt for radiation-tolerant COTS electronics, which are easily available in the market. However, in military aircrafts, which are used for investigation and reconnaissance and involve high-altitude flights, rad-hard electronics which can handle more than 100 Krad, are used to lessen the failure of electronics in the critical mission.
Nuclear power reactors
The nuclear power reactors segment is predicted to grow at a slow rate during the forecast period due to technological advances in radiation-tolerant devices and radiation shielding/packaging techniques. These advancements have allowed radiation-tolerant devices to handle close to 100 Krad. Nuclear reactor chambers are sealed off with reinforced concrete and then, packed and sealed off using radiation protective and packaging techniques, which reduces radiation outside the chambers, where radiation-tolerant electronics are used. However, rad-hard electronics — such as sensors, robotics, monitors, cameras, and power control systems — are used inside the chambers of nuclear reactors where the radiation levels are high. These rad-hard electronics can withstand 100-300 Krads.
The top leading vendors operating in the global rad-hard electronics market are:
- Honeywell Aerospace
- Bae Systems
- Texas Instruments
- STMicroelectronics
- Atmel
- Microsemi
- Xilinx
Other prominent vendors in the market include Cobham, VPT, Data Device Corporation, Linear Technology, Ridgetop Group, and Vorago Technologies.
A more detailed analysis is available in the Technavio report titled, ‘Global Radiation Hardened Electronics Market 2016-2020’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports:
- Global Satellite Manufacturing and Launch Market 2016-2020
- Global Nuclear Decommissioning Market 2016-2020
- Global Satellite Broadband Communication in Public Safety Market 2016-2020
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