PUNE, India, May 18, 2016 /PRNewswire/ --
The report "DC-DC Converter Market for Space by Application (Surveillance, Communication, Navigation, Scientific Research, Remote Sensing), Output Voltage (<3.3, 5, 12, 15 VDC), Output Power (<20, 20-40, 40-100, >100 W), and Geography - Global Forecast to 2020", published by MarketsandMarkets, the 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% by 2020.
Browse 71 market data Tables and 59 Figures spread through 147 Pages and in-depth TOC on "DC-DC Converter Market for Space"
Early buyers will receive 10% customization On this report.
This growth is mainly attributed to the rise in the number of satellite constellation worldwide, emergence of new power architecture and digital power management and control.The demand for cost effective and high performance power system is also one of the major factors driving the growth of DC-DC converters market for space.
Communication application segment to dominate the DC-DC converters market for space
The rise in the paid TV market and need for communication satellites across the globe have propelled the demand for efficient space DC-DC power modules. This segment is projected to dominate the market during the forecast period.
Output voltage segment is projected to grow at the highest CAGR during the forecast period
Among the output voltage segment, the 3.3 VDC is projected to grow at a comparatively higher CAGR during the forecast period. This growth is due to innovation in the field of digital power management and control introduced by market players to support the power systems of newly launched satellites and spacecraft.
Asia-Pacific is estimated to grow at the highest CAGR in the DC-DC converters market for space from 2015 to 2020
The Asia-Pacific region is projected to grow at a higher CAGR in the DC-DC Converters Market for space due to the emergence of rising paid TV market. The paid TV market is growing at a faster rate in the Asia-Pacific region due to growing demand for paid TV channels. This growth will increase the number of satellite launches in the region, which will drive the DC-DC converters market for space as power devices are essential equipment to keep the satellite operational in the space.
Top players in the DC-DC converters market for space
The key players operating in the DC-DC converters market for space are Crane Aerospace and Electronics (U.S.), Infineon Technologies Inc. (Germany), Microsemi Corporation (U.S.), Vicor Corporation (U.S.), Synqor Inc. (U.S.), and Modular Devices Inc. (U.S.).
Inquiry Before Buying : http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=159918662
The report segments and analyzes the DC-DC converters market for space on the basis of application (remote sensing, surveillance, communication, navigation and scientific research), output power (<20w, 20-40W, 40-100W and >100W) and output voltage (3.3 VDC, 5 VDC, 12 VDC, 15 VDC and others) and maps these segments and subsegments across four major regions, namely, North America, Europe, Asia-Pacific, RoW (Rest Of World).
Browse Related Reports
Small Satellite Market by Type (Nano, Mini, & Microsatellite), by Application (Earth Observation & Meteorology, Scientific Research & Exploration, Surveillance & Security, and Others), by End-User, by Geography - Global Forecast to 2021
MarketsandMarkets is the world's No. 2 firms in terms of annual published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical info graphics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
Visit MarketsandMarkets Blog@ http://mnmblog.org/market-research/aerospace-defence
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets
Visit MarketsandMarkets @: http://www.marketsandmarkets.com