Space DC-DC Converter Market Outlook, Trends, Analysis & Region and Country Forecast To 2028
The space DC-DC converter market size reached USD 32.1 Million in 2020 and is expected to register a revenue CAGR of 8.1%. The Space DC-DC Converter report additionally covers the scope of individual applications and types in every region. The report additionally covers information about manufacturing and intake patterns, technological developments, revenue boom, marketplace size, market share, key trends and needs influencing market boom in the region, and robust presence of key players in the region.
Some key factors driving global space DC-DC converter market revenue growth are increasing deployment of small satellites and increasing miniaturization of space DC-DC converters. Development of thick-film hybrid DC-DC converters is expected to boost revenue growth of the market over the forecast period. For space design applications, thick-film hybrid DC-DC converters provide unique size, weight, efficiency, and cost savings. Because these are available in various power levels, output voltage/current rates, built-in functional capabilities, and form factor combinations, these are suitable building block modules that match the commercial equivalents' brick design.
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Further key findings from the report suggest
Environmental monitoring systems segment revenue is expected to expand at a significantly rapid CAGR during the forecast period due to a rise in the number of low-earth-orbit satellites used for monitoring.
Rovers & spacecraft landers segment is expected to register a significantly robust revenue growth rate over the forecast period. Rovers are terrestrial surface exploration equipment that are developed to move over the solid surface of a planet and other celestial objects. Certain rovers are developed as ground vehicles to transfer members of a human spaceflight team, while others are robots that are partially or completely autonomous.
Middle East & Africa is expected to register a significantly steady revenue growth rate over the forecast period. due to rising demand for navigational and communications satellites in countries in the region.
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Report Objective:
The report offers a complete analysis of the global Space DC-DC Converter market with details about each market player including company profile, financial standing, global position, revenue contribution, production and manufacturing capacity, business expansion plans, and new product launches. Key players are strategizing various plans such as M&A acquisition, partnerships, joint ventures, license agreement and collaborations. STMicroelectronics N.V., Astronics Corporation, AJ's Power Source, Inc. (AJPS), Thales Group, Vicor Corporation, Airbus Group SE, Texas Instruments Incorporated, SynQor, Inc., Infineon Technologies AG, and Renesas Electronics Corporation and others are some of the top companies profiled in the report.
The report also covers the scope of individual applications and types in each region. The report also covers details about production and consumption patterns, technological developments, revenue growth, market size, market share, key trends and demands influencing market growth in the region, and robust presence of key players in the region.
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Emergen Research has segmented the global space DC-DC converter on the basis of platform, type, form factor, application, input voltage, output voltage, output power, and region:
Platform Outlook (Revenue, USD Million; 2018–2028)
Launch Vehicles
Satellites
Interplanetary Spacecraft & Probes
Capsules & Cargos
Rovers & Spacecraft Landers
Type Outlook (Revenue, USD Million; 2018–2028)
Isolated
Non-Isolated
Form Factor Outlook (Revenue, USD Million; 2018–2028)
Enclosed
Chassis Mount
Discrete
Brick
Others
Application Outlook (Revenue, USD Million; 2018–2028)
Electric Power Subsystem
Attitude & Orbital Control System
Command & Data Handling System
Surface Mobility & Navigation Systems
Environmental Monitoring Systems
Power Conditioning Unit
Satellite Thermal Power Box
Others
Regional segmentation comprises of a current and forecast estimation of the market in the key geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
The report addresses the following key points:
The report provides a forecast of market drivers, restraints, and future opportunities for the Space DC-DC Converter market
The report further analyses the changing market dynamics
Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth
Extensive competitive landscape mapping with profiles of the key competitors
In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
Revenue forecast, country scope, application insights, and product insights
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