Space Power Electronics Market
Global Space Power Electronics Market Size, Share & Trends Analysis Report by Device Type (Power Discrete, Power Module and Power IC), by Application (Satellite, Spacecraft & Launch Vehicle, Rovers and Space Stations), by Platform Type (Power, Command and Data Handling, ADCS, Propulsion, TT&C, Structure and Thermal Systems), and by Voltage (Low Voltage, Medium Voltage, and High Voltage), Forecast Period (2022-2028) Update Available - Forecast 2024-2030
The global space power electronics market is anticipated to grow at a significant CAGR of 16.5% during the forecast period. Space power electronics controls and converts electric power from one form to other. It is the application of electronics on satellites, spacecraft, launch vehicles, space stations and rovers that process high voltages and currents to deliver power that supports a variety of needs. The major factor driving the growth of the global space power electronics market during the forecast is the increasing demand for wide bandgap materials such as silicon carbide (SiC) and gallium nitride (GaN) across the globe. These materials are used to make space power cables and provide significant performance improvements. Additionally, the miniaturization of space DC-DC converters is offering lucrative opportunities for the growth of the global space power electronics market during the forecast period.
Impact of COVID-19 Pandemic on Global Space Power Electronics Market
The COVID-19 pandemic had a positive impact on the global Space Power Electronics market. During COVID-19, as of May 2020, 212 countries had been impacted by the pandemic, and the governments of these countries had ordered nationwide lockdowns which impacted the operations of several industries. Additionally, the disruptions in the supply chain halted manufacturing processes of space power electronics, subsystems, and components which in turn is impacted the growth of the market. However, as the COVID-19 situation normalizes, the global space power electronics market started recovery as industrial operations were normalized after the COVID-19 pandemic.
Segmental Outlook
The global space power electronics market is segmented based on device type, application, platform type and voltage. Based on the device type, the market is sub-segmented into power discrete, power module and power IC. Based on the application, the market is sub-segmented into satellite, spacecraft & launch vehicles, rovers and space stations. Based on the platform type, the market is sub-segmented into power, command and data handling, ADCS, propulsion, TT&C, structure and thermal systems. Based on the voltage, the market is sub-segmented into low voltage, medium voltage and high voltage.
Global Space Power Electronics Market Share by Application, 2021 (%)
The Satellite Segment is Expected to Hold Prominent Share in the Global Space Power Electronics Market
Based on the application, the content type segment in the global space power electronics market is expected to hold a prominent share over the forecast period. The factor driving the segmental growth includes the increasing adoption of satellites in modern communication technologies. Additionally, the introduction of wireless satellite internet, as well as the development of miniature hardware systems, are creating lucrative opportunities in the field of satellite-enabled communication which in turn is driving the growth of the market.
Regional Outlook
The global space power electronics market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Germany, Italy, Spain, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa, and Latin America).
Global Space Power Electronics Market Growth by Region, 2022-2028
The North America Region Anticipated to Hold Prominent Share in the Global Space Power Electronics Market
The North America region anticipated to hold a prominent share in the space power electronics market. The major factor driving the growth of the market in the region is the increasing investment by the government in satellite equipment to enhance the defense and surveillance capabilities of the armed forces. Additionally, the rising modernization of existing communication in military platforms, as well as critical infrastructure and law enforcement agencies using satellite systems, is boosting the growth of the market in the region during the forecast period.
Market Players Outlook
The major companies serving the global space power electronics market include Infineon Technologies, Onsemi, Renesas Electronics Corp., STMicroelectronics, and Texas Instruments Inc., among others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, and geographical expansion, to stay competitive in the market. For instance, in February 2022, Infineon Technologies announced that it is adding significant manufacturing capacities in the field of wide bandgap (SiC and GaN) semiconductors by investing more than $2.3 billion to build a third module at its site in Kulim, Malaysia. This is aimed to strengthen the company’s market leadership in power semiconductors.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global space power electronics market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Space Power Electronics Market
• Recovery Scenario of Global Space Power Electronics Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. BY Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Infineon Technologies
3.1.1.1. Overview
3.1.1.2. Financial Analysis
3.1.1.3. SWOT Analysis
3.1.1.4. Recent Developments
3.1.2. Onsemi
3.1.2.1. Overview
3.1.2.2. Financial Analysis
3.1.2.3. SWOT Analysis
3.1.2.4. Recent Developments
3.1.3. Renesas Electronics Corp.
3.1.3.1. Overview
3.1.3.2. Financial Analysis
3.1.3.3. SWOT Analysis
3.1.3.4. Recent Developments
3.1.4. STMicroelectronics
3.1.4.1. Overview
3.1.4.2. Financial Analysis
3.1.4.3. SWOT Analysis
3.1.4.4. Recent Developments
3.1.5. Texas Instruments Inc.
3.1.5.1. Overview
3.1.5.2. Financial Analysis
3.1.5.3. SWOT Analysis
3.1.5.4. Recent Developments
3.2. Key Strategy Analysis
3.3. Impact of Covid-19 on Key Players
4. Market Segmentation
4.1. Global Space Power Electronics Market by Device Type
4.1.1. Power Discrete
4.1.2. Power Module
4.1.3. Power IC
4.2. Global Space Power Electronics Market by Application
4.2.1. Satellite
4.2.2. Spacecraft & Launch Vehicle
4.2.3. Rovers
4.2.4. Space stations
4.3. Global Space Power Electronics Market by Platform Type
4.3.1. Power
4.3.2. Command and data handling
4.3.3. ADCS
4.3.4. Propulsion
4.3.5. TT&C
4.3.6. Structure
4.3.7. Thermal system
4.4. Global Space Power Electronics Market by Voltage
4.4.1. Low Voltage
4.4.2. Medium Voltage
4.4.3. High Voltage
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Analog Devices, Inc.
6.2. AIRBUS
6.3. BAE Systems PLC
6.4. Cobham Ltd.
6.5. CRANE CO.
6.6. HEICO Corp.
6.7. MICROCHIP TECHNOLOGY INC.
6.8. NXP Semiconductors
6.9. RUAG Group
6.10. Vishay Intertechnology, Inc.
1. GLOBAL SPACE POWER ELECTRONICS MARKET RESEARCH AND ANALYSIS BY DEVICE TYPE, 2021-2028 ($ MILLION)
2. GLOBAL SPACE POWER ELECTRONICS BY POWER DISCRETE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL SPACE POWER ELECTRONICS BY POWER MODULE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL SPACE POWER ELECTRONICS BY POWER IC MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL SPACE POWER ELECTRONICS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
6. GLOBAL SPACE POWER ELECTRONICS FOR SATELLITE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL SPACE POWER ELECTRONICS FOR SPACECRAFT & LAUNCH VEHICLE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL SPACE POWER ELECTRONICS FOR ROVERS VEHICLE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL SPACE POWER ELECTRONICS FOR SPACE STATIONS VEHICLE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL SPACE POWER ELECTRONICS MARKET RESEARCH AND ANALYSIS BY PLATFORM TYPE, 2021-2028 ($ MILLION)
11. GLOBAL SPACE POWER ELECTRONICS BY POWER MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL SPACE POWER ELECTRONICS BY COMMAND AND DATA HANDLING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
13. GLOBAL SPACE POWER ELECTRONICS BY ADCS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
14. GLOBAL SPACE POWER ELECTRONICS BY PROPULSION MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
15. GLOBAL SPACE POWER ELECTRONICS BY TT&C MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
16. GLOBAL SPACE POWER ELECTRONICS BY STRUCTURE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
17. GLOBAL SPACE POWER ELECTRONICS BY THERMAL SYSTEM MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
18.
19. GLOBAL SPACE POWER ELECTRONICS MARKET RESEARCH AND ANALYSIS BY VOLTAGE, 2021-2028 ($ MILLION)
20. GLOBAL LOW VOLTAGE SPACE POWER ELECTRONICS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
21. GLOBAL MEDIUM VOLTAGE SPACE POWER ELECTRONICS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
22. GLOBAL HIGH VOLTAGE SPACE POWER ELECTRONICS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
23. GLOBAL SPACE POWER ELECTRONICS MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028 ($ MILLION)
24. NORTH AMERICAN SPACE POWER ELECTRONICS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
25. NORTH AMERICAN SPACE POWER ELECTRONICS MARKET RESEARCH AND ANALYSIS BY DEVICE TYPE, 2021-2028 ($ MILLION)
26. NORTH AMERICAN SPACE POWER ELECTRONICS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
27. NORTH AMERICAN SPACE POWER ELECTRONICS MARKET RESEARCH AND ANALYSIS BY PLATFORM TYPE, 2021-2028 ($ MILLION)
28. NORTH AMERICAN SPACE POWER ELECTRONICS MARKET RESEARCH AND ANALYSIS BY VOLTAGE, 2021-2028 ($ MILLION)
29. EUROPEAN SPACE POWER ELECTRONICS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
30. EUROPEAN SPACE POWER ELECTRONICS MARKET RESEARCH AND ANALYSIS BY DEVICE TYPE, 2021-2028 ($ MILLION)
31. EUROPEAN SPACE POWER ELECTRONICS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
32. EUROPEAN SPACE POWER ELECTRONICS MARKET RESEARCH AND ANALYSIS BY PLATFORM TYPE, 2021-2028 ($ MILLION)
33. EUROPEAN SPACE POWER ELECTRONICS MARKET RESEARCH AND ANALYSIS BY VOLTAGE, 2021-2028 ($ MILLION)
34. ASIA-PACIFIC SPACE POWER ELECTRONICS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
35. ASIA-PACIFIC SPACE POWER ELECTRONICS MARKET RESEARCH AND ANALYSIS BY DEVICE TYPE, 2021-2028 ($ MILLION)
36. ASIA-PACIFIC SPACE POWER ELECTRONICS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
37. ASIA-PACIFIC SPACE POWER ELECTRONICS MARKET RESEARCH AND ANALYSIS BY PLATFORM TYPE, 2021-2028 ($ MILLION)
38. ASIA-PACIFIC SPACE POWER ELECTRONICS MARKET RESEARCH AND ANALYSIS BY VOLTAGE, 2021-2028 ($ MILLION)
39. REST OF THE WORLD SPACE POWER ELECTRONICS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
40. REST OF THE WORLD SPACE POWER ELECTRONICS MARKET RESEARCH AND ANALYSIS BY DEVICE TYPE, 2021-2028 ($ MILLION)
41. REST OF THE WORLD SPACE POWER ELECTRONICS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
42. REST OF THE WORLD SPACE POWER ELECTRONICS MARKET RESEARCH AND ANALYSIS BY PLATFORM TYPE, 2021-2028 ($ MILLION)
43. REST OF THE WORLD SPACE POWER ELECTRONICS MARKET RESEARCH AND ANALYSIS BY VOLTAGE, 2021-2028 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL SPACE POWER ELECTRONICS MARKET, 2021-2028 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL SPACE POWER ELECTRONICS MARKET BY SEGMENT, 2021-2028 ($ MILLION)
3. RECOVERY OF GLOBAL SPACE POWER ELECTRONICS MARKET, 2022-2028 (%)
4. GLOBAL SPACE POWER ELECTRONICS MARKET SHARE BY DEVICE TYPE, 2021 VS 2028 (%)
5. GLOBAL SPACE POWER ELECTRONICS BY POWER DISCRETE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
6. GLOBAL SPACE POWER ELECTRONICS BY POWER MODULE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
7. GLOBAL SPACE POWER ELECTRONICS BY POWER IC MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
8. GLOBAL SPACE POWER ELECTRONICS MARKET SHARE BY APPLICATION, 2021 VS 2028 (%)
9. GLOBAL SPACE POWER ELECTRONICS FOR SATELLITE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
10. GLOBAL SPACE POWER ELECTRONICS FOR SPACECRAFT & LAUNCH VEHICLE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
11. GLOBAL SPACE POWER ELECTRONICS FOR ROVERS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
12. GLOBAL SPACE POWER ELECTRONICS FOR SPACE STATIONS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
13. GLOBAL SPACE POWER ELECTRONICS MARKET SHARE BY PLATFORM TYPE, 2021 VS 2028 (%)
14. GLOBAL SPACE POWER ELECTRONICS BY POWER MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
15. GLOBAL SPACE POWER ELECTRONICS BY COMMAND AND DATA HANDLING MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
16. GLOBAL SPACE POWER ELECTRONICS BY ADCS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
17. GLOBAL SPACE POWER ELECTRONICS BY PROPULSION MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
18. GLOBAL SPACE POWER ELECTRONICS BY TT&C MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
19. GLOBAL SPACE POWER ELECTRONICS BY STRUCTURE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
20. GLOBAL SPACE POWER ELECTRONICS BY THERMAL SYSTEM MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
21. GLOBAL SPACE POWER ELECTRONICS MARKET SHARE BY VOLTAGE, 2021 VS 2028 (%)
22. GLOBAL LOW VOLTAGE SPACE POWER ELECTRONICS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
23. GLOBAL MEDIUM VOLTAGE SPACE POWER ELECTRONICS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
24. GLOBAL HIGH VOLTAGE SPACE POWER ELECTRONICS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
25. GLOBAL SPACE POWER ELECTRONICS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
26. US SPACE POWER ELECTRONICS MARKET SIZE, 2021-2028 ($ MILLION)
27. CANADA SPACE POWER ELECTRONICS MARKET SIZE, 2021-2028 ($ MILLION)
28. UK SPACE POWER ELECTRONICS MARKET SIZE, 2021-2028 ($ MILLION)
29. FRANCE SPACE POWER ELECTRONICS MARKET SIZE, 2021-2028 ($ MILLION)
30. GERMANY SPACE POWER ELECTRONICS MARKET SIZE, 2021-2028 ($ MILLION)
31. ITALY SPACE POWER ELECTRONICS MARKET SIZE, 2021-2028 ($ MILLION)
32. SPAIN SPACE POWER ELECTRONICS MARKET SIZE, 2021-2028 ($ MILLION)
33. REST OF EUROPE SPACE POWER ELECTRONICS MARKET SIZE, 2021-2028 ($ MILLION)
34. INDIA SPACE POWER ELECTRONICS MARKET SIZE, 2021-2028 ($ MILLION)
35. CHINA SPACE POWER ELECTRONICS MARKET SIZE, 2021-2028 ($ MILLION)
36. JAPAN SPACE POWER ELECTRONICS MARKET SIZE, 2021-2028 ($ MILLION)
37. SOUTH KOREA SPACE POWER ELECTRONICS MARKET SIZE, 2021-2028 ($ MILLION)
38. REST OF ASIA-PACIFIC SPACE POWER ELECTRONICS MARKET SIZE, 2021-2028 ($ MILLION)
39. REST OF THE WORLD SPACE POWER ELECTRONICS MARKET SIZE, 2021-2028 ($ MILLION)
