The DC-DC converters market for space is projected to grow from USD 213.2 Million in 2015 to USD 268.2 Million by 2020, at a CAGR of 4.70% from 2015 to 2020.
Factors influencing the growth of this market include rise in the number of satellite constellations in the world by different countries, emergence of new power architecture and emergence of digital power management and control. The space power industry is becoming highly dependent on the number of satellite launches, and number of space programs carried out by different space organizations. This has further resulted in driving the procurement of power efficient DC-DC converters for space.
North America is the most dominant region in the DC-DC converters market for space, as of 2015, followed by Europe. This market in Asia-Pacific is projected to grow at the highest CAGR during the forecast period. Factors driving the growth of this market include exponential growth in the use of paid TV channels in this region, thereby increasing the demand for effective and technologically-advanced satellite launch with power efficient devices. On the other hand, recent changes in the U.S. export administration regulations in the space industry will boost the DC-DC converters market for spaces internationally, which will positively impact the overall demand of DC-DC converters for space in this region.
Factors, such as export restrictions for the U.S. manufacturers and technical issues with commercially available converters are restraining the growth of this market.
- Crane Aerospace and Electronics
- Infineon Technologies AG.
- Microsemi Corporation
- Modular Devices Inc.
- Synqor Inc.
- Vicor Corporation
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Space DC-DC Converters Market, By Application
8 Space DC-DC Converters Market, By Output Voltage
9 Space DC-DC Converters Market, By Output Power
10 Geographic Analysis
11 Competitive Landscape
12 Company Profile
For more information visit http://www.researchandmarkets.com/research/wc8spk/dcdc_converter
Laura Wood , +353-1-481-1716, firstname.lastname@example.org
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SOURCE Research and Markets