UAE Radiation Hardened Electronics Market Size & Outlook
UAE radiation hardened electronics market, 2017-2030 (US$M)
Related Markets
UAE radiation hardened electronics market highlights
- The UAE radiation hardened electronics market generated a revenue of USD 37.6 million in 2023 and is expected to reach USD 58.9 million by 2030.
- The UAE market is expected to grow at a CAGR of 6.6% 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 37.6 million |
| Market revenue in 2030 | USD 58.9 million |
| Growth rate | 6.6% (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, UAE accounted for 2.3% 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 Middle East & Africa, Saudi Arabia radiation hardened electronics market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 58.9 million by 2030.
Power management was the largest segment with a revenue share of 29.79% in 2023. Horizon Databook has segmented the UAE 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.
The UAE government's substantial support for the development of high-tech industries, including aerospace and space exploration, drives growth in radiation hardened electronics within the country.
Initiatives such as the UAE Space Agency and the Mohammed bin Rashid Space Centre are instrumental in promoting research and development in advanced electronics technologies, including Radiation hardened components.
Through funding programs and incentives, the government creates an enabling environment for businesses and research institutions to invest in and develop capabilities in radiation hardened electronics. The UAE has made significant investments in its space program, leading to the successful launch of several satellites and the historic Emirates Mars Mission (Hope Probe).
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Radiation Hardened Electronics Market Scope
Radiation Hardened Electronics Market Companies
| Name | Profile | # Employees | HQ | Website |
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UAE radiation hardened electronics market size, by component, 2017-2030 (US$M)
UAE Radiation Hardened Electronics Market Outlook Share, 2023 & 2030 (US$M)
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