The report forecasts the global radiation hardened products market to grow at a CAGR of 3.37% during the period 2016-2020.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One of latest trends in the market is relaxation in export compliance for aircraft and satellite electronics suppliers. Agencies such as International Traffic in Arms Regulations (ITAR) of the US restrict the sale of defense-related electronics due to national security concerns. This has affected the US-based space and airplane electronics manufacturers and OEMs, including rad-hard electronics manufacturers. The ITAR might relax these regulations further for the supply of electronics for non-combat-related aircraft and commercial satellites.
The regulations in place in the US was solely meant to keep technological know-how within the country. However, the departments of state and commerce in the US are bringing changes in the ITAR and Export Administration Regulations (EAR). The changes will allow US-based vendors to supply rad-hard electronics internationally and enable better competitive pricing and quality improvements among the vendors as most rad-hard electronics are expensive and hard to acquire.
According to the report, one of the primary drivers in the market is growth of nuclear power plants. As of 2015, there are 444 nuclear reactors in 30 countries. The rising need for sustainable energy is driving the nuclear power reactor segment. Rad-hard versions or sensors, power control circuits, MPUs and MCUs, and rugged robots and cameras are some of the most commonly used rad-hard devices in nuclear reactors. Rad-hard electronics have the capability to withstand high-temperature conditions and radiation levels present in nuclear reactors. Also, monitoring equipment that is used in nuclear reactors often uses rad-hard electronics, although the exposure time of monitoring equipment to high-frequency radiations is low.
- Honeywell Aerospace
- Bae Systems
- Texas Instruments
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by application
Part 07: Market segmentation by end-user
Part 08: Geographical segmentation
Part 09: Market drivers
Part 10: Impact of drivers
Part 11: Market challenges
Part 12: Impact of drivers and challenges
Part 13: Market trends
Part 14: Vendor landscape
Part 15: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/5kxh7w/global
Laura Wood, Senior Manager
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SOURCE Research and Markets