Lucintel’s latest market report analyzed that space semiconductor provides attractive opportunities in satellites, launch vehicles, and others. The space semiconductor market is expected to grow at a CAGR of 6%-8%. In this market, radiation hardened is the largest segment by product type.
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Based on product type, the space semiconductor market is segmented into radiation-hardened and radiation-tolerant. The radiation-hardened segment accounted for the largest share of the market in 2020 due to rising adoption of space borne next-generation semiconductors. Moreover, radiation hardened space semiconductors have high stability and efficiency at very high temperature applications.
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The space semiconductor market is marked by the presence of several big and small players. Some of the prominent players offering space semiconductor include Texas Instruments, BAE Systems, Cobham, Microsemi, STMicroelectronics, Solid State Devices, T.T.Electronics, Boeing Company, and Xilinx.
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 click on this link helpdesk@lucintel.com.
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