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Global Space Power Electronics Market to reach USD 579 million by 2028.

Global Space Power Electronics Market Size study, by Device Type (Power Discrete, Power Module, Power IC), by Application ( Satellite, Spacecraft & Launch Vehicle, Rovers Space Stations), by Platform type ( Power, Command and Data Handling,ADCS, Propulsion, TT&C, Structure, Thermal System), by Voltage ( Low Voltage, Medium Voltage, High Voltage) and Regional Forecasts 2022-2028

Product Code: EESC-11926012
Publish Date: 10-05-2022
Page: 200

Global Space Power Electronics Market is valued approximately USD 205 million in 2021 and is anticipated to grow with a healthy growth rate of more than 16% over the forecast period 2022-2028. Space power electronics refers to the use of electronics to regulate and transfer electric power from one form to another on satellites, spacecraft, launch vehicles, space stations, and rovers. It deals with the processing of high voltages and currents in order to produce power for a wide range of applications. A power electronic system can be made up of a modular power electronic subsystem (PESS) with input and output power ports coupled to a source and a load, according to the National Aeronautics and Space Administration. The cornerstone of modem power electronic converters are semiconductor devices including metal-oxide semiconductor field effect transistors (MOSFET), insulated gate bipolar transistors (IGBT), MOS -controlled thyristor (MCT), and gate-turn-off thyristors (GTO).Significant investment in satellite manufacturing, as well as technological advancements in microprocessors and FPGAs, are the primary drivers of the Space Electronics Market. The high cost of designing and developing space electronic goods, as well as the difficulties in providing a realistic testing environment for radiation-hardened electronics, may limit the development of the Space Electronics Market throughout the anticipated period. The arrival of new materials for the fabrication of space electronics, as well as the growing need for reconfigurable satellite payloads, effectively opens up new market prospects. These prospects are providing market participants with new ways to expand their business.

The key regions considered for the global Space Power Electronics Marketstudy includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is predicted to lead the space power electronics market in terms of region. In the North American region, the United States has a lucrative market for space power electronics. To improve the quality and efficacy of satellite communication and deep space research, the US government is aggressively investing in advanced space power electronics technologies. Increased spending on

satellite equipment to improve the armed forces’ defence and surveillance capabilities, as well as the modernization of existing communication in military platforms, critical infrastructure, and authorities using satellite systems, are estimated to drive the space power electronics market in North America. For better power conversion, the Boeing-built O3b mPOWER satellites use radiation-fault-tolerant DC-DC converter power modules. Whereas, Europe and Asia-Pacific are also expected to provide strong growth possibilities in the next years. In the future years, India, China, and Russia will be the new growth engines in the European and Asia-Pacific space electronics markets.
Major market player included in this report are:
Infineon Technologies
Texas Instruments Incorporated
Renesas Electronics Corporation
Bae Systems Plc
Analog Devices, Inc.
Vishay Intertechnology, Inc.
Nxp Semiconductors
Crane Co.
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 eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and application offerings of key players. The detailed segments and sub-segment of the market are explained below:
ByDevice Type:
Power Discrete
Power Module
Power IC

By Application:

Spacecraft & Launch Vehicle
Space stations
By Platform type:
Command and data handling
Thermal system

By Voltage:

Low Voltage
Medium Voltage
High Voltage
By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Space Power Electronics Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
1.2.1. Space Power Electronics Market, by Region, 2020-2028 (USD Billion)
1.2.2. Space Power Electronics Market, by Device Type ,2020-2028 (USD Billion)
1.2.3. Space Power Electronics Market, by Application ,2020-2028 (USD Billion)
1.2.4. Space Power Electronics Market, by Platform type ,2020-2028 (USD Billion)
1.2.5. Space Power Electronics Market, by Voltage,2020-2028 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. GlobalSpace Power Electronics Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. GlobalSpace Power Electronics Market Dynamics
3.1. Space Power Electronics Market Impact Analysis (2020-2028)
3.1.1. Market Drivers Increasing demand for wide bandgap materials such as silicon carbide (SiC) and gallium nitride (GaN) Increasing demand for small satellites

3.1.2. Market Challenges Government policies related to spacecraft
3.1.3. Market Opportunities Miniaturization of space DC-DC converters
Chapter 4. GlobalSpace Power Electronics MarketIndustry 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
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. GlobalSpace Power Electronics Market, byDevice Type
6.1. Market Snapshot
6.2. GlobalSpace Power Electronics MarketbyDeviceType , Performance – Potential Analysis
6.3. GlobalSpace Power Electronics MarketEstimates & Forecasts byDevice Type 2018-2028 (USD Billion)
6.4. Space Power Electronics Market, Sub Segment Analysis
6.4.1. Power Discrete
6.4.2. Power Module
6.4.3. Power IC
Chapter 7. GlobalSpace Power Electronics Market, by Application
7.1. Market Snapshot
7.2. GlobalSpace Power Electronics Market by Application , Performance – Potential Analysis
7.3. GlobalSpace Power Electronics MarketEstimates & Forecasts by Application 2018-2028 (USD Billion)
7.4. Space Power Electronics Market, Sub Segment Analysis
7.4.1. Satellite
7.4.2. Spacecraft & Launch Vehicle
7.4.3. Rovers
7.4.4. Space stations
Chapter 8. GlobalSpace Power Electronics Market, by Platform type
8.1. Market Snapshot
8.2. GlobalSpace Power Electronics Market by Platform type , Performance – Potential Analysis
8.3. GlobalSpace Power Electronics MarketEstimates & Forecasts by Platform type 2018-2028 (USD Billion)
8.4. Space Power Electronics Market, Sub Segment Analysis
8.4.1. Power
8.4.2. Command and data handling
8.4.3. ADCS
8.4.4. Propulsion
8.4.5. TT&C
8.4.6. Structure
8.4.7. Thermal system
Chapter 9. GlobalSpace Power Electronics Market, by Voltage
9.1. Market Snapshot
9.2. GlobalSpace Power Electronics Market by Voltage, Performance – Potential Analysis
9.3. GlobalSpace Power Electronics MarketEstimates & Forecasts by Voltage2018-2028 (USD Billion)
9.4. Space Power Electronics Market, Sub Segment Analysis
9.4.1. Low Voltage
9.4.2. Medium Voltage
9.4.3. High Voltage
Chapter 10. GlobalSpace Power Electronics Market, Regional Analysis
10.1. Space Power Electronics Market, Regional Market Snapshot
10.2. North AmericaSpace Power Electronics Market
10.2.1. U.S.Space Power Electronics Market Animal Type breakdown estimates & forecasts, 2018-2028 Application breakdown estimates & forecasts, 2018-2028 Platform type breakdown estimates & forecasts, 2018-2028 Voltagebreakdown estimates & forecasts, 2018-2028
10.2.2. CanadaSpace Power Electronics Market
10.3. EuropeSpace Power Electronics Market Snapshot
10.3.1. U.K.Space Power Electronics Market
10.3.2. GermanySpace Power Electronics Market
10.3.3. FranceSpace Power Electronics Market
10.3.4. SpainSpace Power Electronics Market
10.3.5. ItalySpace Power Electronics Market
10.3.6. Rest of EuropeSpace Power Electronics Market
10.4. Asia-PacificSpace Power Electronics Market Snapshot
10.4.1. ChinaSpace Power Electronics Market
10.4.2. IndiaSpace Power Electronics Market
10.4.3. JapanSpace Power Electronics Market
10.4.4. AustraliaSpace Power Electronics Market
10.4.5. South KoreaSpace Power Electronics Market
10.4.6. Rest of Asia PacificSpace Power Electronics Market
10.5. Latin AmericaSpace Power Electronics Market Snapshot
10.5.1. BrazilSpace Power Electronics Market
10.5.2. MexicoSpace Power Electronics Market
10.6. Rest of The WorldSpace Power Electronics Market

Chapter 11. Competitive Intelligence
11.1. Top Market Strategies
11.2. Company Profiles
11.2.1. Infineon Technologies Key Information Overview Financial (Subject to Data Availability) Application Summary Recent Developments
11.2.2. Texas Instruments Incorporated
11.2.3. Stmicroelectronics
11.2.4. Onsemi
11.2.5. Renesas Electronics Corporation
11.2.6. Bae Systems Plc
11.2.7. Analog Devices, Inc.
11.2.8. Vishay Intertechnology, Inc.
11.2.9. Nxp Semiconductors
11.2.10. Crane Co.
Chapter 12. Research Process
12.1. Research Process
12.1.1. Data Mining
12.1.2. Analysis
12.1.3. Market Estimation
12.1.4. Validation
12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

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Data Collection:
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To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
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Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
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Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
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