Germany Radiation Hardened Electronics Market Size & Outlook
Germany radiation hardened electronics market, 2017-2030 (US$M)
Related Markets
Germany radiation hardened electronics market highlights
- The Germany radiation hardened electronics market generated a revenue of USD 139.4 million in 2023 and is expected to reach USD 169.3 million by 2030.
- The Germany market is expected to grow at a CAGR of 2.8% 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 139.4 million |
| Market revenue in 2030 | USD 169.3 million |
| Growth rate | 2.8% (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, Germany accounted for 8.5% 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 28.34% in 2023. Horizon Databook has segmented the Germany 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.
Germany's focus on environmental sustainability is driving interest in nuclear energy as a low-carbon option, boosting demand for radiation hardened electronics in its nuclear power sector. This emphasis on clean energy highlights the need for dependable electronic components to ensure safe and efficient operations.
In addition to the contributions from established companies such as Siemens and Infineon Technologies AG, Germany's research and development institutions are also driving innovation in radiation hardened electronics. Collaborations between academia and industry, as well as government funding initiatives, are promoting the development of advanced technologies customized to withstand harsh radiation environments.
Moreover, Germany's active participation in international space programs, such as the European Space Agency (ESA) and collaborative ventures with other nations, provides additional opportunities for the country's Radiation hardened electronics market to expand.
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Radiation Hardened Electronics Market Scope
Radiation Hardened Electronics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany radiation hardened electronics market size, by component, 2017-2030 (US$M)
Germany Radiation Hardened Electronics Market Outlook Share, 2023 & 2030 (US$M)
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