Space is an extremely hazardous environment with the presence of lethal radiation, micrometeoroids, highly fluctuating temperatures, and man-made debris, which may cause different types of issues for electronic components from simple bit flips to the dangerous complete burnout of electronic systems. The effects produced by the radiation on the space electronics, such as Single Event Effect (SEE) and Total Ionizing Dose (TID), can be rectified by the radiation-hardening process. The process makes the electronic components capable to operate reliably for eons in the harsh space environment but at a very high cost.

Market Analysis and Insights: Global Space Electronics Market
The global Space Electronics market size is projected to reach US$ 1394.9 million by 2027, from US$ 1102.7 million in 2020, at a CAGR of 3.0% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Space Electronics market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Space Electronics market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Space Electronics market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Space Electronics market.

Global Space Electronics Scope and Market Size
Space Electronics market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Space Electronics market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Electrical Power Subsystem
Attitude & Orbital Control Subsystem
Telemetry
Tracking & Command Subsystem
Communication Subsystem
Others

Segment by Application
Satellite
Launch Vehicle
Others

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
BAE Systems PLC (UK)
Cobham PLC (UK)
Heico Corporation (US)
Honeywell International Inc. (US)
Microsemi Corporation (US)
ON Semiconductor (US)
ST Microelectronics NV (Switzerland)
Texas Instruments (US)
Teledyne E2V (UK)
TT Electronics PLC (UK)
Xilinx Inc. (US)