Global Radiation Hardened Electronics Market Size & Outlook
The radiation hardened electronics industry worldwide is expected to reach a projected revenue of US$ 2,420.2 million by 2030. A compound annual growth rate of 5.7% is expected of the worldwide radiation hardened electronics industry from 2024 to 2030.
Revenue, 2023 (US$M)
$1,645.6
Forecast, 2030 (US$M)
$2,420.2
CAGR, 2024 - 2030
5.7%
Report Coverage
Worldwide
Global radiation hardened electronics market, 2017-2030 (US$M)
Related Markets
Global radiation hardened electronics market highlights
- The global radiation hardened electronics market generated a revenue of USD 1,645.6 million in 2023 and is expected to reach USD 2,420.2 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 5.7% by 2030.
- In terms of segment, power management accounted for a revenue of USD 480.3 million in 2023.
- Memory is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 1,645.6 million |
| Market revenue in 2030 | USD 2,420.2 million |
| Growth rate | 5.7% (CAGR from 2023 to 2030) |
| Largest segment | Power management |
| Fastest growing segment | Memory |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Mixed Signal ICs, Processors & Controllers, Memory, Power Management |
Other key industry trends
- In terms of revenue, the North America accounted for 34.2% of the global radiation hardened electronics market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Germany is the fastest growing regional market and is projected to reach USD 169.3 million by 2030.
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Radiation Hardened Electronics Market Scope
Radiation hardened electronics market segmentation & scope
Radiation Hardened Electronics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global radiation hardened electronics market size, by regions, 2017-2030 (US$M)
Top 10 countries: Radiation hardened electronics market size, 2023 (US$M)
Global radiation hardened electronics market share, by component, 2023 & 2030 (%, US$M)
Radiation hardened electronics market: Opportunity assessment by country
Global radiation hardened electronics market, by region, 2023 (US$M)
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