China Radiation Hardened Electronics Market Size & Outlook
China radiation hardened electronics market, 2017-2030 (US$M)
Related Markets
China radiation hardened electronics market highlights
- The China radiation hardened electronics market generated a revenue of USD 141.3 million in 2023 and is expected to reach USD 224.8 million by 2030.
- The China market is expected to grow at a CAGR of 6.9% from 2024 to 2030.
- In terms of segment, power management was the largest revenue generating component in 2023.
- Memory is the most lucrative component segment registering the fastest growth during the forecast period.
Radiation hardened electronics market data book summary
| Market revenue in 2023 | USD 141.3 million |
| Market revenue in 2030 | USD 224.8 million |
| Growth rate | 6.9% (CAGR from 2023 to 2030) |
| Largest segment | Power management |
| Fastest growing segment | Memory |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Mixed Signal ICs, Processors & Controllers, Memory, Power Management |
| Key market players worldwide | Advanced Micro Devices Inc, BAE Systems PLC, Honeywell International Inc, Infineon Technologies AG, Microchip Technology Inc, Renesas Electronics Corp, STMicroelectronics NV, Teledyne Technologies Inc, Texas Instruments Inc, TTM Technologies Inc |
Other key industry trends
- In terms of revenue, China accounted for 8.6% of the global radiation hardened electronics market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China radiation hardened electronics market is projected to lead the regional market in terms of revenue in 2030.
- South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 100.5 million by 2030.
Power management was the largest segment with a revenue share of 29.94% in 2023. Horizon Databook has segmented the China radiation hardened electronics market based on mixed signal ics, processors & controllers, memory, power management covering the revenue growth of each sub-segment from 2017 to 2030.
China is also investing in modernizing its military capabilities, including the development of advanced weapons systems and communication infrastructure. These military applications often operate in harsh environments where Radiation hardened electronics are essential for reliable performance.
The Chinese military is increasingly incorporating AI and machine learning functionalities in conjunction with radiation hardened chips onboard space equipment. This allows for advanced analytics, image recognition, automated decision-making, and timely actions in harsh radiation environments.
China's continuous development in technology and manufacturing has resulted in significant improvements in producing Radiation hardened electronics. This means they can create these specialized components more efficiently and with higher quality than before. As a result, China is better positioned to compete globally in the market for radiation hardened electronics, contributing to its growth in this sector.
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Radiation Hardened Electronics Market Scope
Radiation Hardened Electronics Market Companies
| Name | Profile | # Employees | HQ | Website |
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China radiation hardened electronics market size, by component, 2017-2030 (US$M)
China Radiation Hardened Electronics Market Outlook Share, 2023 & 2030 (US$M)
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