Asia Pacific Radiation Hardened Motor Controller and Motor Drive Market Report 2021-2031 by Scope, Segmentation, Dynamics, and Competitive Analysis

Description

List of Tables

The Asia Pacific market for radiation-hardened motor controllers and motor drives is projected to grow from USD 20.81 million in 2023 to USD 28.86 million by 2031, reflecting a compound annual growth rate (CAGR) of 4.2% during this period.

Executive Summary and Market Analysis

This market encompasses several countries, including Australia, China, India, Japan, South Korea, and other regions within Asia Pacific. The increasing demand for advanced electronic components is driven by the need for enhanced satellite navigation, communication systems, and remote sensing applications. This demand is particularly evident in the development of 5G/6G communication technologies, real-time imaging systems, and instruments for nuclear power generation. Notably, Renesas Electronics Corp is a significant player in this sector, contributing to advancements in space technology. For instance, Magics Technologies, which specializes in radiation-hardened components, collaborates with NASAM to distribute its products in South Korea and Japan.

Countries like China, India, Australia, and Japan are actively launching satellites, supported by government initiatives that bolster organizations such as the Japan Aerospace Exploration Agency, the Indian Space Research Organization (ISRO), and the South Korean Ministry of Science. These collaborations between government bodies and research institutions enhance research and development efforts, particularly in space-related projects. Noteworthy initiatives include the Space Industry Responsive Intelligent Thermal (SpIRIT) satellite launch, the Apstar 6-E satellite, and the LOTUSat-1 project, all of which focus on earth observation and environmental monitoring. Consequently, the demand for radiation-hardened motor controllers and drives is increasing, particularly for applications in space research within the Asia Pacific region.

Market Segmentation Analysis

The Asia Pacific radiation-hardened motor controller and motor drive market is categorized by type and application.

By Type: The market is divided into motor controllers and motor drives, with motor drives holding a larger market share in 2023.
By Application: The market is segmented into space exploration, military and defense, nuclear power plants, and other applications, with space exploration dominating the market share in 2023.

Market Outlook

Manufacturers of high-performance electronic components for sectors such as space, nuclear, and defense face challenges due to the limited availability of radiation-hardened components. To mitigate these challenges, the development of commercial-off-the-shelf (COTS) solutions is seen as a viable strategy to reduce costs associated with space operations. COTS products are established, mature solutions that offer a robust architecture and various peripherals, including Ethernet and CAN. The radiation-hardened-by-design approach ensures reliable performance and cost-effectiveness. COTS solutions also reduce development time and production costs, lowering entry barriers for new companies in the defense, space, and nuclear sectors. The ability of radiation-hardened COTS solutions to adapt quickly to changing demands and technological advancements presents significant growth opportunities for the market.

Country Insights

The market is analyzed by country, with China, Japan, India, South Korea, Australia, and the Rest of Asia Pacific being key players. China held the largest market share in 2023. Major companies in China's space technology sector include Beijing Spacecraft Manufacturing Co., Ltd, China Aerospace Science and Technology Corporation, and Kongtian Dongli. In 2024, China plans to launch the FY-4C geostationary satellite to enhance its communication network. Additionally, in February 2024, the Chinese Aerospace Science and Technology Corp. (CASC) successfully launched the TJS-11 satellite into geostationary orbit, aimed at providing high-speed satellite communications. The recent launch of the Yaogan-41 remote-sensing satellite further underscores China's commitment to satellite technology, enabling advanced capabilities in environmental monitoring and disaster prevention. Furthermore, the Beijing municipal government has announced a five-year action plan to accelerate the development of a commercial space ecosystem, which includes 18 policy measures to support the growth of the space industry. These initiatives are expected to drive the demand for radiation-hardened motor controllers and drives in China during the forecast period.

Company Profiles

Key players in the Asia Pacific radiation-hardened motor controller and motor drive market include Data Device Corporation, ESI Motion, Frontgrade Technologies, Infineon Technologies AG, MACCON GmbH & Co. KG, Microchip Technology Inc, Micross Components, Inc., Motiv Space Systems, Inc., Power Device Corporation, Renesas Electronics Corp, STMicroelectronics NV, Texas Instruments Inc, and TTM Technologies Inc. These companies are pursuing various strategies, including expansion, product innovation, and mergers and acquisitions, to enhance their market presence and offer innovative solutions to their customers.

Product Code: BMIRE00031977

1. Introduction

1.1 Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Secondary Research
3.2 Primary Research
- 3.2.1 Hypothesis formulation:
- 3.2.2 Macro-economic factor analysis:
- 3.2.3 Developing base number:
- 3.2.4 Data Triangulation:
- 3.2.5 Country level data:

4. Asia Pacific Radiation Hardened Motor Controller and Motor Drive Market Landscape

4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
- 4.3.1 List of Vendors in the Value Chain

5. Asia Pacific Radiation Hardened Motor Controller and Motor Drive Market - Key Market Dynamics

5.1 Asia Pacific Radiation Hardened Motor Controller and Motor Drive Market - Key Market Dynamics
5.2 Market Drivers
- 5.2.1 Rise in Number of Satellite Launches
- 5.2.2 Surge in Military Expenditure
- 5.2.3 Increase in Establishment of Nuclear Power Plants
5.3 Market Restraints
- 5.3.1 Lack of Proper Testing Facilities
5.4 Market Opportunities
- 5.4.1 Fabrication of Commercial-Off-The-Shelf Solutions
5.5 Future Trends
- 5.5.1 Miniaturization of Electronic Components Used in Space, Defense, Medical, and Aerospace Applications
5.6 Impact of Drivers and Restraints:

6. Asia Pacific Radiation Hardened Motor Controller and Motor Drive Market - Analysis

6.1 Asia Pacific Radiation Hardened Motor Controller and Motor Drive Market Revenue (US$ Million), 2021-2031
6.2 Asia Pacific Radiation Hardened Motor Controller and Motor Drive Market Forecast Analysis

7. Asia Pacific Radiation Hardened Motor Controller and Motor Drive Market Analysis - by Type

7.1 Motor Controller
- 7.1.1 Overview
- 7.1.2 Motor Controller: Asia Pacific Radiation Hardened Motor Controller and Motor Drive Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.2 Motor Drive
- 7.2.1 Overview
- 7.2.2 Motor Drive: Asia Pacific Radiation Hardened Motor Controller and Motor Drive Market - Revenue and Forecast, 2021-2031 (US$ Million)

8. Asia Pacific Radiation Hardened Motor Controller and Motor Drive Market Analysis - by Application

8.1 Space Exploration
- 8.1.1 Overview
- 8.1.2 Space Exploration: Asia Pacific Radiation Hardened Motor Controller and Motor Drive Market - Revenue and Forecast, 2021-2031 (US$ Million)
8.2 Military and Defense
- 8.2.1 Overview
- 8.2.2 Military and Defense: Asia Pacific Radiation Hardened Motor Controller and Motor Drive Market - Revenue and Forecast, 2021-2031 (US$ Million)
8.3 Nuclear Power Plants
- 8.3.1 Overview
- 8.3.2 Nuclear Power Plants: Asia Pacific Radiation Hardened Motor Controller and Motor Drive Market - Revenue and Forecast, 2021-2031 (US$ Million)
8.4 Others
- 8.4.1 Overview
- 8.4.2 Others: Asia Pacific Radiation Hardened Motor Controller and Motor Drive Market - Revenue and Forecast, 2021-2031 (US$ Million)

9. Asia Pacific Radiation Hardened Motor Controller and Motor Drive Market - Country Analysis

9.1 Asia Pacific
- 9.1.1 Asia Pacific Radiation Hardened Motor Controller and Motor Drive Market - Revenue and Forecast Analysis - by Country
  - 9.1.1.1 Asia Pacific Radiation Hardened Motor Controller and Motor Drive Market - Revenue and Forecast Analysis - by Country
  - 9.1.1.2 China: Asia Pacific Radiation Hardened Motor Controller and Motor Drive Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 9.1.1.2.1 China: Asia Pacific Radiation Hardened Motor Controller and Motor Drive Market Share - by Type
    - 9.1.1.2.2 China: Asia Pacific Radiation Hardened Motor Controller and Motor Drive Market Share - by Motor Drive
    - 9.1.1.2.3 China: Asia Pacific Radiation Hardened Motor Controller and Motor Drive Market Share - by Application
  - 9.1.1.3 Japan: Asia Pacific Radiation Hardened Motor Controller and Motor Drive Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 9.1.1.3.1 Japan: Asia Pacific Radiation Hardened Motor Controller and Motor Drive Market Share - by Type
    - 9.1.1.3.2 Japan: Asia Pacific Radiation Hardened Motor Controller and Motor Drive Market Share - by Motor Drive
    - 9.1.1.3.3 Japan: Asia Pacific Radiation Hardened Motor Controller and Motor Drive Market Share - by Application
  - 9.1.1.4 India: Asia Pacific Radiation Hardened Motor Controller and Motor Drive Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 9.1.1.4.1 India: Asia Pacific Radiation Hardened Motor Controller and Motor Drive Market Share - by Type
    - 9.1.1.4.2 India: Asia Pacific Radiation Hardened Motor Controller and Motor Drive Market Share - by Motor Drive
    - 9.1.1.4.3 India: Asia Pacific Radiation Hardened Motor Controller and Motor Drive Market Share - by Application
  - 9.1.1.5 South Korea: Asia Pacific Radiation Hardened Motor Controller and Motor Drive Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 9.1.1.5.1 South Korea: Asia Pacific Radiation Hardened Motor Controller and Motor Drive Market Share - by Type
    - 9.1.1.5.2 South Korea: Asia Pacific Radiation Hardened Motor Controller and Motor Drive Market Share - by Motor Drive
    - 9.1.1.5.3 South Korea: Asia Pacific Radiation Hardened Motor Controller and Motor Drive Market Share - by Application
  - 9.1.1.6 Australia: Asia Pacific Radiation Hardened Motor Controller and Motor Drive Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 9.1.1.6.1 Australia: Asia Pacific Radiation Hardened Motor Controller and Motor Drive Market Share - by Type
    - 9.1.1.6.2 Australia: Asia Pacific Radiation Hardened Motor Controller and Motor Drive Market Share - by Motor Drive
    - 9.1.1.6.3 Australia: Asia Pacific Radiation Hardened Motor Controller and Motor Drive Market Share - by Application
  - 9.1.1.7 Rest of APAC: Asia Pacific Radiation Hardened Motor Controller and Motor Drive Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 9.1.1.7.1 Rest of APAC: Asia Pacific Radiation Hardened Motor Controller and Motor Drive Market Share - by Type
    - 9.1.1.7.2 Rest of APAC: Asia Pacific Radiation Hardened Motor Controller and Motor Drive Market Share - by Motor Drive
    - 9.1.1.7.3 Rest of APAC: Asia Pacific Radiation Hardened Motor Controller and Motor Drive Market Share - by Application

10. Competitive Landscape

10.1 Heat Map Analysis by Key Players
10.2 Company Positioning and Concentration

11. Industry Landscape

11.1 Overview
11.2 Market Initiative
11.3 Product Development

12. Company Profiles

12.1 Microchip Technology Inc
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
12.2 Renesas Electronics Corp
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Products and Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
12.3 MACCON GmbH & Co. KG
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
12.4 Power Device Corporation
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Products and Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments
12.5 Frontgrade Technologies
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Products and Services
- 12.5.4 Financial Overview
- 12.5.5 SWOT Analysis
- 12.5.6 Key Developments
12.6 Motiv Space Systems, Inc.
- 12.6.1 Key Facts
- 12.6.2 Business Description
- 12.6.3 Products and Services
- 12.6.4 Financial Overview
- 12.6.5 SWOT Analysis
- 12.6.6 Key Developments
12.7 Infineon Technologies AG
- 12.7.1 Key Facts
- 12.7.2 Business Description
- 12.7.3 Products and Services
- 12.7.4 Financial Overview
- 12.7.5 SWOT Analysis
- 12.7.6 Key Developments
12.8 STMicroelectronics NV
- 12.8.1 Key Facts
- 12.8.2 Business Description
- 12.8.3 Products and Services
- 12.8.4 Financial Overview
- 12.8.5 SWOT Analysis
- 12.8.6 Key Developments
12.9 Texas Instruments Inc
- 12.9.1 Key Facts
- 12.9.2 Business Description
- 12.9.3 Products and Services
- 12.9.4 Financial Overview
- 12.9.5 SWOT Analysis
- 12.9.6 Key Developments
12.10 Data Device Corporation
- 12.10.1 Key Facts
- 12.10.2 Business Description
- 12.10.3 Products and Services
- 12.10.4 Financial Overview
- 12.10.5 SWOT Analysis
- 12.10.6 Key Developments
12.11 TTM Technologies Inc.
- 12.11.1 Key Facts
- 12.11.2 Business Description
- 12.11.3 Products and Services
- 12.11.4 Financial Overview
- 12.11.5 SWOT Analysis
- 12.11.6 Key Developments
12.12 Micross Components, Inc.
- 12.12.1 Key Facts
- 12.12.2 Business Description
- 12.12.3 Products and Services
- 12.12.4 Financial Overview
- 12.12.5 SWOT Analysis
- 12.12.6 Key Developments
12.13 ESI Motion
- 12.13.1 Key Facts
- 12.13.2 Business Description
- 12.13.3 Products and Services
- 12.13.4 Financial Overview
- 12.13.5 SWOT Analysis
- 12.13.6 Key Developments

13. Appendix

13.1 About The Insight Partners
13.2 About The Insight Partners