PUBLISHER: The Business Research Company | PRODUCT CODE: 1810274
PUBLISHER: The Business Research Company | PRODUCT CODE: 1810274
A radiation resistant converter is an electronic power conversion device engineered to function reliably in environments with high radiation levels. These converters incorporate radiation-hardened components and shielding methods to endure total ionizing dose (TID), single event effects (SEE), and other radiation-related damages without losing performance or experiencing failure.
The primary types of radiation resistant converters include power converters, signal converters, data converters, and optical converters. Power converters are electronic systems that transform electrical energy from one form to another to meet specific voltage, current, or frequency needs across various applications. These converters employ technologies such as silicon-based, gallium arsenide (GaAs), silicon carbide (SiC), and other advanced materials. They are extensively used in sectors including aerospace, nuclear power, medical devices, industrial settings, and defense. Major end users span the commercial sector, government and defense agencies, healthcare providers, research organizations, and the energy industry.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
The rapid rise in U.S. tariffs and the subsequent trade frictions in spring 2025 are having a major impact on the electrical and electronics sector, with semiconductors, display panels, and rare-earth metals (essential for batteries and motors) subject to steep duties. Consumer electronics brands face profit erosion, as competitive markets limit their ability to pass costs to buyers. Industrial electronics manufacturers, meanwhile, grapple with delayed projects due to shortages of tariff-impacted components like printed circuit boards. Companies are responding by relocating assembly to tariff-exempt countries, increasing inventory buffers, and redesigning products to reduce dependency on restricted materials.
The radiation resistant converter market research report is one of a series of new reports from The Business Research Company that provides radiation resistant converter market statistics, including radiation resistant converter industry global market size, regional shares, competitors with a radiation resistant converter market share, radiation resistant converter market segments, market trends and opportunities, and any further data you may need to thrive in the radiation resistant converter industry. This radiation resistant converter market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The radiation resistant converter market size has grown strongly in recent years. It will grow from $1.11 billion in 2024 to $1.21 billion in 2025 at a compound annual growth rate (CAGR) of 9.1%. The growth during the historic period can be attributed to military and defense applications, the Cold War-era space race, advancements in electronics miniaturization, preparedness for nuclear accidents, and the expanding use of electronics in spacecraft and probes.
The radiation resistant converter market size is expected to see strong growth in the next few years. It will grow to $1.70 billion in 2029 at a compound annual growth rate (CAGR) of 8.9%. The growth expected in the forecast period is driven by the expansion of space exploration missions, increased use of high-altitude unmanned aerial vehicles, development of cubesats and small satellite platforms, rising adoption in medical imaging devices, and government regulations and standards for space-grade components. Key trends include the emergence of digital control systems, advanced gallium nitride (GaN) and silicon carbide (SiC) semiconductors, innovative shielding materials, AI-powered health monitoring for converter systems, and customizable, modular converter platforms.
The increase in nuclear power generation is anticipated to drive the growth of the radiation-resistant converter market in the future. Nuclear power generation involves producing electricity by utilizing heat from controlled nuclear fission reactions within a reactor to operate steam turbines. This sector is expanding as countries prioritize reducing greenhouse gas emissions and shifting toward low-carbon energy sources to achieve global climate targets while maintaining a stable and continuous electricity supply for rising industrial and residential needs. Radiation-resistant converters play a critical role in nuclear power generation by providing dependable power conversion and shielding vital control and monitoring systems from damaging ionizing radiation. For example, in June 2025, the World Nuclear Association, a UK-based nuclear advocacy group, reported that nuclear power plants produced 2,602 TWh of electricity in 2023, up from 2,545 TWh in 2022. Hence, the growth in nuclear power generation is driving demand for radiation-resistant converters.
Key players in the radiation-resistant converter market are developing innovative radiation-tolerant power converters to improve the performance, reliability, and durability of electronic systems operating in radiation-prone environments. Radiation-tolerant power converters are designed to safely convert electrical power in areas exposed to ionizing radiation, such as space or nuclear facilities. For instance, in May 2024, Microchip Technology Inc., a US-based semiconductor firm, introduced the radiation-tolerant LE50-28 isolated DC-DC 50W power converters, aimed at the expanding Low-Earth Orbit (LEO) satellite market and other new space applications. The LE50-28 series features a design that can endure up to 50 krad total ionizing dose (TID) and resist single event latch-up (SEL) at 37 MeV*cm2/mg, ensuring dependable operation in extreme conditions. Each converter delivers up to 50 W, with the capacity to parallel up to four units for a combined output of 200 W, providing scalable power solutions.
In October 2022, HEICO Corporation, a US-based electronics firm, acquired TRAD SAS for an undisclosed amount. This acquisition aims to strengthen HEICO's capabilities in radiation effects engineering, testing, and simulation by incorporating TRAD SAS's specialized expertise. The move expands HEICO's footprint in critical industries such as aerospace, defense, nuclear, and medical sectors that require high-reliability electronic components. TRAD SAS, headquartered in France, supplies radiation-tolerant and radiation-hardened components, including converters, designed for use in space and other harsh environments.
Major players in the radiation resistant converter market are Honeywell International Inc., Texas Instruments Incorporated, STMicroelectronics, Micross Hi-Rel Power Solutions, Infineon Technologies AG, Analog Devices Inc., Renesas Electronics Corporation, ON Semiconductor Corporation, Microchip Technology Inc., Teledyne Technologies Incorporated, HEICO Corporation, Crane Company, Intersil Corporation, Cobham Advanced Electronic Solutions, Teledyne e2v, Data Device Corporation, Clyde Space, VPT Inc., APC Technology Group, MSA Components GmbH, and EPS Space.
North America was the largest region in the radiation resistant converter market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in radiation resistant converter report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the radiation resistant converter market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The radiation resistant converter market consists of revenues earned by entities by providing services such as power conversion, radiation hardening, voltage regulation, thermal and environmental protection, and redundant power support. The market value includes the value of related goods sold by the service provider or included within the service offering. The radiation resistant converter market also includes sales of products, including radiation-hardened DC-DC converters, AC-DC converters, isolated power modules, point-of-load (POL) converters, and custom power supply units. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values and are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Radiation Resistant Converter Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on radiation resistant converter market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for radiation resistant converter ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The radiation resistant converter market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.