The Asia Pacific radiation-hardened electronics market size reached US$ 337.1 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 467.1 Million by 2032, exhibiting a growth rate (CAGR) of 3.58% during 2024-2032.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
|
2023
|
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Size in 2023
|
US$ 337.1 Million |
Market Forecast in 2032
|
US$ 467.1 Million |
Market Growth Rate (2024-2032) | 3.58% |
Radiation-hardened electronics refer to electronic components that are resistant to damages caused by radiation emitted by nuclear reactors. They are made using gallium nitride, silicon carbide and hydrogenated amorphous silicon and primarily utilized for high-altitude applications. As a result, they are employed in aircraft, satellites and nuclear power plants across the Asia Pacific region.
The rising number of commercial space projects represents one of the significant factors driving the market in the Asia Pacific region. Moreover, radiation-hardened electronics have the capability to withstand high temperature and radiation levels present in nuclear reactors, which is positively influencing their overall sales. Other factors contributing to the market growth include the flourishing semiconductor industry across the region. However, the sudden coronavirus disease (COVID-19) outbreak has impelled governments of several regional countries to impose lockdown restrictions. This has disrupted the supply chains and manufacturing operations of various leading players and negatively impacted the overall market growth. It is anticipated to recover the incurred losses once governing agencies introduce lockdown relaxations.
IMARC Group provides an analysis of the key trends in each segment of the Asia Pacific radiation-hardened electronics market report, along with forecasts at the regional and country levels from 2024-2032. Our report has categorized the market based on product type, material type, technique, component type and application.
Breakup by Product Type:
Breakup by Material Type:
Breakup by Technique:
Breakup by Component Type:
Breakup by Application:
Breakup by Country:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Features | Details |
---|---|
Base Year of the Analysis | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Units | US$ Million |
Segment Coverage | Product Type, Material Type, Technique, Component type, Application, Country |
Countries Covered | China, Japan, India, South Korea, Australia, Indonesia, Others |
Customization Scope | 10% Free Customization |
Report Price and Purchase Option | Single User License: US$ 3699 Five User License: US$ 4699 Corporate License: US$ 5699 |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |