PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1462839
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1462839
Global Space Semiconductor Market Size Study & Forecast, by Application, By Type, By Component, and Regional Analysis, 2023-2030
Global Space Semiconductor Market is valued at approximately USD 0.99 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 6.2% over the forecast period 2023-2030. Space semiconductors refer to electronic components specifically engineered and qualified for use in space applications. These semiconductors are designed to withstand the harsh conditions of space, including extreme temperatures, radiation, vacuum, and mechanical stress. They are critical for the operation of various spacecraft, satellites, space probes, and other space vehicles, where standard commercial-grade components do not survive or perform reliably. Space semiconductors undergo rigorous testing and qualification processes to ensure their reliability and resilience in the demanding environment of space. They play a vital role in powering communication systems, navigation equipment, scientific instruments, and other electronic systems used in space missions. The easing demand for satellite communication, expanding space exploration initiatives, coupled with the growing focus on miniaturization and weight reduction are the key factors that are driving the market demand around the world.
In addition, growing interest in space exploration, both by government agencies and private companies, is driving the demand for advanced and reliable electronics used in spacecraft, satellites, and other spacefaring vehicles. According to the Space Foundation, it was assessed that nearly 1,022 spacecraft placed in orbit during the first six months of 2022. Thus, the rise in space exploration activities is further leveraging growth prospects for the market expansion during the estimated period. Moreover, the ongoing technological advancements in semiconductor manufacturing and processing techniques, as well as rise of commercial space ventures present various lucrative opportunities over the forecast years. However, the rise in geopolitical tensions and the supply chain disruption are hampering the market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Space Semiconductor Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the significant presence of major OEMs and operators. For instance, in August 2022, Microchip Technology finalized a substantial agreement with the U.S. government under the CHIPS and Science Act, aimed at fortifying the local chip industry amidst competitive pressures from China. As part of a strategic initiative to bolster the domestic semiconductor sector, the U.S. government unveiled plans to allocate approximately USD 162 million in funding to a specific company within the industry, as announced by the U.S. Department of Commerce. Whereas Asia Pacific is expected to grow at the highest CAGR over the forecast years. The market demand across the region is being significantly driven by the swift expansion of space exploration programs, the increasing emphasis on miniaturization and weight reduction in spacecraft and satellites, and the growing investments in space technology.
Major market players included in this report are:
- Advanced Micro Devices, Inc. (U.S.)
- Infineon Technologies AG (Germany)
- Microchip Technology Incorporated (U.S.)
- Texas Instruments Incorporated (U.S.)
- STMicroelectronics N.V. (Switzerland)
- Renesas Electronics Corporation (Japan)
- Cobham Limited (U.K.)
- Solitron Devices, Inc. (U.S.)
- BAE Systems Plc (U.K.)
- Teledyne Technologies Incorporated (U.S.)
Recent Developments in the Market:
- In February 2023, Lux Semiconductors announced that the company has secured USD 2.3 million in funding to propel the advancement and commercialization of its groundbreaking "System-on-Foil" process. This innovative technology is tailored to optimize the performance of microelectronics while reducing their size. Lux Semiconductors aims to apply the System-on-Foil technology across a spectrum of applications, including spacecraft, aircraft, and diverse industrial domains.
- In March 2023, SEEQC, a quantum computer startup headquartered in New York, announced a breakthrough in digital chip technology. They engineered a chip capable of operation at temperatures colder than outer space, aligning with the requirements of quantum processors typically housed in cryogenic chambers. SEEQC is concurrently developing two additional chips expected to function in a slightly warmer zone within the cryogenic chamber.
- In November 2022, Texas Instruments (TI) introduced an expansion of its space-grade analog semiconductors and associated products, featuring highly dependable plastic packages crafted for diverse mission applications. The unveiling included a groundbreaking device screening specification, Space High-Grade (SHP), tailored for radiation-hardened products in plastic. TI also unveiled new Analog-to-Digital Converters (ADCs) designed to meet the SHP qualification standards, further enhancing its portfolio of space-grade offerings.
Global Space Semiconductor Market Report Scope:
- Historical Data - 2020 - 2021
- Base Year for Estimation - 2022
- Forecast period - 2023-2030
- Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered - Type, Component, Application, Region
- Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope - Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
- Radiation Hardened Grade
- Radiation Tolerant Grade
- Others
By Component:
- Integrated Circuits
- Discrete Semiconductors Devices
- Optical Devices
- Microprocessor
- Memory
- Sensors
- Others
By Application:
- Satellite
- Launch Vehicles
- Deep Space Probe
- Rovers and Landers
- Others
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Table of Contents
Chapter 1.Executive Summary
- 1.1.Market Snapshot
- 1.2.Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1.Space Semiconductor Market, by Region, 2020-2030 (USD Billion)
- 1.2.2.Space Semiconductor Market, by Type, 2020-2030 (USD Billion)
- 1.2.3.Space Semiconductor Market, by Component, 2020-2030 (USD Billion)
- 1.2.4.Space Semiconductor Market, by Application, 2020-2030 (USD Billion)
- 1.3.Key Trends
- 1.4.Estimation Methodology
- 1.5.Research Assumption
Chapter 2.Global Space Semiconductor Market Definition and Scope
- 2.1.Objective of the Study
- 2.2.Market Definition & Scope
- 2.2.1.Industry Evolution
- 2.2.2.Scope of the Study
- 2.3.Years Considered for the Study
- 2.4.Currency Conversion Rates
Chapter 3.Global Space Semiconductor Market Dynamics
- 3.1.Space Semiconductor Market Impact Analysis (2020-2030)
- 3.1.1.Market Drivers
- 3.1.1.1.Increasing interest in space exploration activities
- 3.1.1.2.Rising demand for satellite communication
- 3.1.2.Market Challenges
- 3.1.2.1.Rise in geopolitical tensions
- 3.1.2.2.Supply chain disruption
- 3.1.3.Market Opportunities
- 3.1.3.1.Rising technological advancements in semiconductor manufacturing and processing techniques
- 3.1.3.2.Rise of commercial space ventures
- 3.1.1.Market Drivers
Chapter 4.Global Space Semiconductor Market Industry Analysis
- 4.1.Porter's 5 Force Model
- 4.1.1.Bargaining Power of Suppliers
- 4.1.2.Bargaining Power of Buyers
- 4.1.3.Threat of New Entrants
- 4.1.4.Threat of Substitutes
- 4.1.5.Competitive Rivalry
- 4.2.Porter's 5 Force Impact Analysis
- 4.3.PEST Analysis
- 4.3.1.Political
- 4.3.2.Economical
- 4.3.3.Social
- 4.3.4.Technological
- 4.3.5.Environmental
- 4.3.6.Legal
- 4.4.Top investment opportunity
- 4.5.Top winning strategies
- 4.6.COVID-19 Impact Analysis
- 4.7.Disruptive Trends
- 4.8.Industry Expert Perspective
- 4.9.Analyst Recommendation & Conclusion
Chapter 5.Global Space Semiconductor Market, by Type
- 5.1.Market Snapshot
- 5.2.Global Space Semiconductor Market by Type, Performance - Potential Analysis
- 5.3.Global Space Semiconductor Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
- 5.4.Space Semiconductor Market, Sub Segment Analysis
- 5.4.1.Radiation Hardened Grade
- 5.4.2.Radiation Tolerant Grade
- 5.4.3.Others
Chapter 6.Global Space Semiconductor Market, by Component
- 6.1.Market Snapshot
- 6.2.Global Space Semiconductor Market by Component, Performance - Potential Analysis
- 6.3.Global Space Semiconductor Market Estimates & Forecasts by Component 2020-2030 (USD Billion)
- 6.4.Space Semiconductor Market, Sub Segment Analysis
- 6.4.1.Integrated Circuits
- 6.4.2.Discrete Semiconductors Devices
- 6.4.3.Optical Devices
- 6.4.4.Microprocessor
- 6.4.5.Memory
- 6.4.6.Sensors
- 6.4.7.Others
Chapter 7.Global Space Semiconductor Market, by Application
- 7.1.Market Snapshot
- 7.2.Global Space Semiconductor Market by Application, Performance - Potential Analysis
- 7.3.Global Space Semiconductor Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
- 7.4.Space Semiconductor Market, Sub Segment Analysis
- 7.4.1.Satellite
- 7.4.2.Launch Vehicles
- 7.4.3.Deep Space Probe
- 7.4.4.Rovers and Landers
- 7.4.5.Others
Chapter 8.Global Space Semiconductor Market, Regional Analysis
- 8.1.Top Leading Countries
- 8.2.Top Emerging Countries
- 8.3.Space Semiconductor Market, Regional Market Snapshot
- 8.4.North America Space Semiconductor Market
- 8.4.1.U.S. Space Semiconductor Market
- 8.4.1.1.Type breakdown estimates & forecasts, 2020-2030
- 8.4.1.2.Component breakdown estimates & forecasts, 2020-2030
- 8.4.1.3.Application breakdown estimates & forecasts, 2020-2030
- 8.4.2.Canada Space Semiconductor Market
- 8.4.1.U.S. Space Semiconductor Market
- 8.5.Europe Space Semiconductor Market Snapshot
- 8.5.1.U.K. Space Semiconductor Market
- 8.5.2.Germany Space Semiconductor Market
- 8.5.3.France Space Semiconductor Market
- 8.5.4.Spain Space Semiconductor Market
- 8.5.5.Italy Space Semiconductor Market
- 8.5.6.Rest of Europe Space Semiconductor Market
- 8.6.Asia-Pacific Space Semiconductor Market Snapshot
- 8.6.1.China Space Semiconductor Market
- 8.6.2.India Space Semiconductor Market
- 8.6.3.Japan Space Semiconductor Market
- 8.6.4.Australia Space Semiconductor Market
- 8.6.5.South Korea Space Semiconductor Market
- 8.6.6.Rest of Asia Pacific Space Semiconductor Market
- 8.7.Latin America Space Semiconductor Market Snapshot
- 8.7.1.Brazil Space Semiconductor Market
- 8.7.2.Mexico Space Semiconductor Market
- 8.8.Middle East & Africa Space Semiconductor Market
- 8.8.1.Saudi Arabia Space Semiconductor Market
- 8.8.2.South Africa Space Semiconductor Market
- 8.8.3.Rest of Middle East & Africa Space Semiconductor Market
Chapter 9.Competitive Intelligence
- 9.1.Key Company SWOT Analysis
- 9.2.Top Market Strategies
- 9.3.Company Profiles
- 9.3.1.Advanced Micro Devices, Inc. (U.S.)
- 9.3.1.1.Key Information
- 9.3.1.2.Overview
- 9.3.1.3.Financial (Subject to Data Availability)
- 9.3.1.4.Product Summary
- 9.3.1.5.Recent Developments
- 9.3.2.Infineon Technologies AG (Germany)
- 9.3.3.Microchip Technology Incorporated (U.S.)
- 9.3.4.Texas Instruments Incorporated (U.S.)
- 9.3.5.STMicroelectronics N.V. (Switzerland)
- 9.3.6.Renesas Electronics Corporation (Japan)
- 9.3.7.Cobham Limited (U.K.)
- 9.3.8.Solitron Devices, Inc. (U.S.)
- 9.3.9.BAE Systems Plc (U.K.)
- 9.3.10.Teledyne Technologies Incorporated (U.S.)
- 9.3.1.Advanced Micro Devices, Inc. (U.S.)
Chapter 10.Research Process
- 10.1.Research Process
- 10.1.1.Data Mining
- 10.1.2.Analysis
- 10.1.3.Market Estimation
- 10.1.4.Validation
- 10.1.5.Publishing
- 10.2.Research Attributes
- 10.3.Research Assumption
LIST OF TABLES
- TABLE 1.Global Space Semiconductor Market, report scope
- TABLE 2.Global Space Semiconductor Market estimates & forecasts by Region 2020-2030 (USD Billion)
- TABLE 3.Global Space Semiconductor Market estimates & forecasts by Type 2020-2030 (USD Billion)
- TABLE 4.Global Space Semiconductor Market estimates & forecasts by Component 2020-2030 (USD Billion)
- TABLE 5.Global Space Semiconductor Market estimates & forecasts by Application 2020-2030 (USD Billion)
- TABLE 6.Global Space Semiconductor Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 7.Global Space Semiconductor Market by region, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 8.Global Space Semiconductor Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 9.Global Space Semiconductor Market by region, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 10.Global Space Semiconductor Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 11.Global Space Semiconductor Market by region, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 12.Global Space Semiconductor Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 13.Global Space Semiconductor Market by region, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 14.Global Space Semiconductor Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 15.Global Space Semiconductor Market by region, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 16.U.S. Space Semiconductor Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 17.U.S. Space Semiconductor Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 18.U.S. Space Semiconductor Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 19.Canada Space Semiconductor Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 20.Canada Space Semiconductor Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 21.Canada Space Semiconductor Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 22.UK Space Semiconductor Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 23.UK Space Semiconductor Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 24.UK Space Semiconductor Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 25.Germany Space Semiconductor Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 26.Germany Space Semiconductor Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 27.Germany Space Semiconductor Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 28.France Space Semiconductor Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 29.France Space Semiconductor Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 30.France Space Semiconductor Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 31.Italy Space Semiconductor Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 32.Italy Space Semiconductor Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 33.Italy Space Semiconductor Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 34.Spain Space Semiconductor Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 35.Spain Space Semiconductor Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 36.Spain Space Semiconductor Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 37.RoE Space Semiconductor Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 38.RoE Space Semiconductor Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 39.RoE Space Semiconductor Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 40.China Space Semiconductor Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 41.China Space Semiconductor Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 42.China Space Semiconductor Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 43.India Space Semiconductor Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 44.India Space Semiconductor Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 45.India Space Semiconductor Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 46.Japan Space Semiconductor Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 47.Japan Space Semiconductor Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 48.Japan Space Semiconductor Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 49.South Korea Space Semiconductor Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 50.South Korea Space Semiconductor Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 51.South Korea Space Semiconductor Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 52.Australia Space Semiconductor Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 53.Australia Space Semiconductor Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 54.Australia Space Semiconductor Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 55.RoAPAC Space Semiconductor Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 56.RoAPAC Space Semiconductor Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 57.RoAPAC Space Semiconductor Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 58.Brazil Space Semiconductor Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 59.Brazil Space Semiconductor Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 60.Brazil Space Semiconductor Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 61.Mexico Space Semiconductor Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 62.Mexico Space Semiconductor Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 63.Mexico Space Semiconductor Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 64.RoLA Space Semiconductor Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 65.RoLA Space Semiconductor Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 66.RoLA Space Semiconductor Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 67.Saudi Arabia Space Semiconductor Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 68.South Africa Space Semiconductor Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 69.RoMEA Space Semiconductor Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 70.List of secondary sources, used in the study of global Space Semiconductor Market
- TABLE 71.List of primary sources, used in the study of global Space Semiconductor Market
- TABLE 72.Years considered for the study
- TABLE 73.Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
LIST OF FIGURES
- FIG 1.Global Space Semiconductor Market, research methodology
- FIG 2.Global Space Semiconductor Market, Market estimation techniques
- FIG 3.Global Market size estimates & forecast methods
- FIG 4.Global Space Semiconductor Market, key trends 2022
- FIG 5.Global Space Semiconductor Market, growth prospects 2023-2030
- FIG 6.Global Space Semiconductor Market, porters 5 force model
- FIG 7.Global Space Semiconductor Market, pest analysis
- FIG 8.Global Space Semiconductor Market, value chain analysis
- FIG 9.Global Space Semiconductor Market by segment, 2020 & 2030 (USD Billion)
- FIG 10.Global Space Semiconductor Market by segment, 2020 & 2030 (USD Billion)
- FIG 11.Global Space Semiconductor Market by segment, 2020 & 2030 (USD Billion)
- FIG 12.Global Space Semiconductor Market by segment, 2020 & 2030 (USD Billion)
- FIG 13.Global Space Semiconductor Market by segment, 2020 & 2030 (USD Billion)
- FIG 14.Global Space Semiconductor Market, regional snapshot 2020 & 2030
- FIG 15.North America Space Semiconductor Market 2020 & 2030 (USD Billion)
- FIG 16.Europe Space Semiconductor Market 2020 & 2030 (USD Billion)
- FIG 17.Asia pacific Space Semiconductor Market 2020 & 2030 (USD Billion)
- FIG 18.Latin America Space Semiconductor Market 2020 & 2030 (USD Billion)
- FIG 19.Middle East & Africa Space Semiconductor Market 2020 & 2030 (USD Billion)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
