France Radiation Hardened Electronics Market Size & Outlook
France radiation hardened electronics market, 2017-2030 (US$M)
Related Markets
France radiation hardened electronics market highlights
- The France radiation hardened electronics market generated a revenue of USD 71.5 million in 2023 and is expected to reach USD 107.1 million by 2030.
- The France market is expected to grow at a CAGR of 5.9% 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 71.5 million |
| Market revenue in 2030 | USD 107.1 million |
| Growth rate | 5.9% (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, France accounted for 4.3% 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 Europe, Germany radiation hardened electronics market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 107.1 million by 2030.
Power management was the largest segment with a revenue share of 30.35% in 2023. Horizon Databook has segmented the France 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.
France's emphasis on bolstering its national defense sector drives significant demand for reliable electronics in military applications, such as missiles, communication systems, and advanced weaponry. Given the stringent requirements of these applications and the need for functionality in harsh environments, Radiation hardened components become essential.
The strong demand for radiation hardened electronics in France's defense sector drives market growth by growing investment, innovation, and technological advancements to meet defense needs and also benefit the broader Radiation hardened electronics industry.
Nuclear energy is essential in France's electricity generation. Maintaining and potentially modernizing existing nuclear power plants necessitates the use of radiation-resistant electronics for control and monitoring systems.
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Radiation Hardened Electronics Market Scope
Radiation Hardened Electronics Market Companies
| Name | Profile | # Employees | HQ | Website |
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France radiation hardened electronics market size, by component, 2017-2030 (US$M)
France Radiation Hardened Electronics Market Outlook Share, 2023 & 2030 (US$M)
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