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Global Radiation Hardened Products Market to Grow at a CAGR of 3.37% During the Period 2016 - 2020; Finds New Report

Market Research Reports, Inc. has announced the addition of “Global Radiation-hardened Electronics Market 2016 - 2020” research report to their website


Lewes, DE -- (SBWIRE) -- 11/30/2016 -- Report forecast the global radiation hardened products market to grow at a CAGR of 3.37% during the period 2016-2020.

The report segments the market on the basis of the end-users: governments, military, commercial, industrial, and medical. It also mentions end-user applications with respect to satellites (which are used both by the government and the military), advanced electronics used in nuclear weapons, and avionics used in the aviation industry with respect to high-altitude aircraft. Rad-hard is a method used to make electronic components and semiconductors immune or resistant to radiation-induced malfunctions, mainly electromagnetic and particle radiation.

The global rad-hard electronics market is expected to grow at a stable rate during the forecast period due to the increased number of nuclear power plants and satellites and high demand for these electronics from commercial satellites and military. Satellites require a larger share of rad-hard electronics compared with nuclear power plants or reactors.

The report covers the present scenario and the growth prospects of the global radiation hardened products market for 2016-2020. To calculate the market size, the report contains a detailed discussion of the major drivers influencing the market's growth, outlines the major challenges faced by vendors and the market as a whole, and examines key trends that are emerging in the market.

The market is divided into the following segments based on geography:
- Europe

According to the report, one of the primary drivers in the market is growth of nuclear power plants. As of 2015, there are 444 nuclear reactors in 30 countries. The rising need for sustainable energy is driving the nuclear power reactor segment. Rad-hard versions or sensors, power control circuits, MPUs and MCUs, and rugged robots and cameras are some of the most commonly used rad-hard devices in nuclear reactors. Rad-hard electronics have the capability to withstand high-temperature conditions and radiation levels present in nuclear reactors. Also, monitoring equipment that is used in nuclear reactors often uses rad-hard electronics, although the exposure time of monitoring equipment to high-frequency radiations is low. Rad-hard electronics in nuclear reactors have also proved to be an economically viable option compared to conventional electronics due to longer shelf life. Also, the number of nuclear reactor installations across the globe is expected to increase. Between 2015 and 2025 we expect 63 new nuclear reactors to commence operations. Factors such as these will increase the adoption of rad-hard electronics in nuclear power plants.

Further, the report states that one major challenge in the market is growing preference for radiation-tolerant devices. The demand for strategic rad-hard components is driven by the dose rate requirements of applications such as satellites, high-altitude aircraft, and nuclear reactors. Rad-hard grades are driven either by total ionizing dose (TID) for GEOs or by systems requiring higher SEU assurances and lower memory upsets. Radiation-tolerant devices are used in LEO satellites and military systems or subsystems as they can handle the radiation exposure at those levels. Radiation-tolerant devices are cheaper and readily available than rad-hard products. Most radiation-tolerant devices can perform in radiation environments, with 30-100 Krad. Satellites constitute the largest segment that consumes rad-hard electronics. In 2015, it contributed 68.39% to the total revenue of the global rad-hard electronics market. Due to shrinking budget allocations for satellites programs, unmanned platforms and projects that are made for shorter life spans use radiation-tolerant devices. Radiation-tolerant devices are preferred mainly due to the high costs involved in the procurement of rad-hard products.

Global Radiation Hardened Products Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global radiation hardened products market: Honeywell Aerospace, Bae Systems, Texas Instruments, STMicroelectronics, Atmel, Microsemi, and Xilinx.

Other prominent vendors in the market are: Cobham, VPT, Data Device Corporation, Linear Technology, Ridgetop, and Vorago Technologies.

Market driver
- Increase in space exploration in BRIC nations.
- For a full, detailed list, view our report

Market challenge
- Advances in radiation-resistant packaging/shielding.
- For a full, detailed list, view our report

Market trend
- Relaxation in export compliance for aircraft and satellite electronics suppliers.
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 68 pages and 33 Exhibits "Global Radiation-hardened Electronics Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by application, Market segmentation by end-user, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.

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