Table of Content

"1    INTRODUCTION    30
1.1    OBJECTIVES OF THE STUDY    30
1.2    MARKET DEFINITION    30
1.3    STUDY SCOPE    31
1.3.1    MARKETS COVERED    31
1.3.2    REGIONAL SCOPE    31
1.3.3    YEARS CONSIDERED FOR THE STUDY    32
1.4    CURRENCY & PRICING    32
1.5    USD EXCHANGE RATES    32
1.6    LIMITATIONS    33
1.7    INCLUSIONS & EXCLUSIONS    33
1.8    STAKEHOLDERS    33
2    RESEARCH METHODOLOGY    35
2.1    RESEARCH DATA    35
FIGURE 1    RESEARCH PROCESS FLOW    35
FIGURE 2    RESEARCH DESIGN    36
2.1.1    SECONDARY DATA    36
2.1.1.1    Key data from secondary sources    37
2.1.2    PRIMARY DATA    37
2.1.2.1    Key data from primary sources    38
2.1.2.2    Key primary sources    39
2.2    FACTOR ANALYSIS    39
2.2.1    INTRODUCTION    39
2.2.2    DEMAND-SIDE INDICATORS    40
2.3    RESEARCH APPROACH AND METHODOLOGY    40
2.3.1    BOTTOM-UP APPROACH    41
FIGURE 3    MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH    41
TABLE 1    MARKET SIZE ESTIMATION & METHODOLOGY    41
2.3.1.1    Regional split of space power electronics market    42
2.3.2    TOP-DOWN APPROACH    42
FIGURE 4    MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH    43
2.3.2.1    COVID-19 impact on space power electronics market    43
2.4    DATA TRIANGULATION    43
FIGURE 5    DATA TRIANGULATION    44
2.5    RESEARCH ASSUMPTIONS    45
2.6    LIMITATIONS    45
2.7    RISKS    45
3    EXECUTIVE SUMMARY    46
FIGURE 6    POWER IC SEGMENT PROJECTED TO LEAD MARKET    46
FIGURE 7    LOW VOLTAGE SEGMENT PROJECTED TO DOMINATE MARKET    47
FIGURE 8    UP TO 25 A SEGMENT PROJECTED TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD    47
FIGURE 9    POWER SEGMENT PROJECTED TO LEAD DURING FORECAST PERIOD    48
FIGURE 10    SATELLITES SEGMENT PROJECTED TO COMMAND LARGEST SHARE DURING FORECAST PERIOD    48
FIGURE 11    SILICON SEGMENT PROJECTED TO HOLD MAJOR SHARE DURING FORECAST PERIOD    49
FIGURE 12    US TO ACCOUNT FOR LOWEST CAGR DURING FORECAST PERIOD    49
4    PREMIUM INSIGHTS    50
4.1    ATTRACTIVE GROWTH OPPORTUNITIES IN SPACE POWER ELECTRONICS MARKET    50
FIGURE 13    INCREASING DEMAND FOR WIDE BANDGAP MATERIALS DRIVES MARKET    50
4.2    SPACE POWER ELECTRONICS MARKET, BY DEVICE TYPE    50
FIGURE 14    POWER IC SEGMENT PROJECTED TO LEAD DURING FORECAST PERIOD    50
4.3    SPACE POWER ELECTRONICS MARKET, BY VOLTAGE    51
FIGURE 15    LOW VOLTAGE SEGMENT PROJECTED TO DOMINATE DURING FORECAST PERIOD    51
4.4    SPACE POWER ELECTRONICS MARKET, BY CURRENT    51
FIGURE 16    UP TO 25 A SEGMENT PROJECTED TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD    51
4.5    SPACE POWER ELECTRONICS MARKET, BY PLATFORM    52
FIGURE 17    POWER SEGMENT PROJECTED TO LEAD DURING FORECAST PERIOD    52
4.6    SPACE POWER ELECTRONICS MARKET, BY APPLICATION    52
FIGURE 18    SATELLITES SEGMENT PROJECTED TO LEAD DURING FORECAST PERIOD    52
4.7    SPACE POWER ELECTRONICS MARKET, BY MATERIAL    53
FIGURE 19    SILICON SEGMENT PROJECTED TO HOLD LARGEST SHARE DURING FORECAST PERIOD    53
4.8    SPACE POWER ELECTRONICS MARKET, BY COUNTRY    53
FIGURE 20    AUSTRALIA PROJECTED TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD    53
5    MARKET OVERVIEW    54
5.1    INTRODUCTION    54
5.2    MARKET DYNAMICS    55
FIGURE 21    SPACE POWER ELECTRONICS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES    55
5.2.1    DRIVERS    55
5.2.1.1    Increasing demand for wide bandgap materials such as silicon carbide (SiC) and gallium nitride (GaN)    55
5.2.1.2    Increasing demand for small satellites    56
TABLE 2    KEY INFORMATION ON LEO AND MEO CONSTELLATIONS (OPERATIONAL)    56
TABLE 3    KEY INFORMATION ON LEO AND MEO CONSTELLATIONS (DEVELOPMENT)    56
5.2.1.3    Advancements in power semiconductor switch technology    57
5.2.1.4    Use of GaN amplifiers for space applications    57
5.2.1.5    Increasing investments by venture capitalists in space exploration missions    57
5.2.2    RESTRAINTS    58
5.2.2.1    Government policies related to spacecraft    58
5.2.2.2    Complex design and integration process    58
5.2.2.3    High costs of development and designing    58
5.2.3    OPPORTUNITIES    59
5.2.3.1    Miniaturization of space DC-DC converters    59
5.2.3.2    Development of advanced power electronic components    59
5.2.3.3    Increasing use of COTS products in satellites and other space applications    59
5.2.4    CHALLENGES    59
5.2.4.1    Hazards due to harsh conditions in space    59
5.2.4.2    Development of low-noise performance DC-DC converters    60
5.2.4.3    Converter interaction challenge    60
5.2.4.4    Customized requirements of high-end consumers    60
5.3    IMPACT OF COVID-19 ON SPACE POWER ELECTRONICS MARKET    60
FIGURE 22    IMPACT OF COVID-19 ON SPACE POWER ELECTRONICS MARKET    61
5.4    RANGES AND SCENARIOS    62
FIGURE 23    PESSIMISTIC, REALISTIC, AND OPTIMISTIC SCENARIOS OF SPACE POWER ELECTRONICS MARKET WITH REGARDS TO COVID-19 PANDEMIC:    62
5.5    TRENDS/DISRUPTION IMPACTING CUSTOMER BUSINESS    63
5.5.1    REVENUE SHIFT & NEW REVENUE POCKETS FOR SPACE POWER ELECTRONICS MARKET    63
FIGURE 24    REVENUE SHIFT FOR SPACE POWER ELECTRONICS MARKET PLAYERS    63
5.6    VALUE CHAIN ANALYSIS    64
FIGURE 25    VALUE CHAIN ANALYSIS    64
5.6.1    R&D    64
5.6.2    MANUFACTURER    64
5.6.3    ASSEMBLY & TESTING    64
5.6.4    END USE    65
5.7    PRICING ANALYSIS    65
5.7.1    AVERAGE SELLING PRICE OF KEY PLAYERS, BY APPLICATION    65
FIGURE 26    AVERAGE SELLING PRICES OF KEY PLAYERS FOR TOP 3 APPLICATIONS    65
TABLE 4    AVERAGE SELLING PRICES OF KEY PLAYERS FOR TOP 3 APPLICATIONS (USD)    65
5.8    SPACE POWER ELECTRONICS MARKET ECOSYSTEM    66
5.8.1    PROMINENT COMPANIES    66
5.8.2    PRIVATE AND SMALL ENTERPRISES    66
5.8.3    MARKET ECOSYSTEM    66
FIGURE 27    SPACE POWER ELECTRONICS MARKET ECOSYSTEM MAP    66
TABLE 5    SPACE POWER ELECTRONICS MARKET ECOSYSTEM    67
5.9    TRADE ANALYSIS    68
5.9.1    SPACE POWER ELECTRONICS MARKET – GLOBAL FORECAST TO 2026    68
5.9.1.1    Import Scenario of space power electronics market    68
TABLE 6    IMPORT VALUE OF AIRCRAFT AND SPACECRAFT SPARE PARTS (PRODUCT HARMONIZED SYSTEM CODE: 8803) (USD THOUSAND)    68
5.9.1.2    Export scenario of space power electronics market    68
TABLE 7    EXPORT VALUE OF AIRCRAFT AND SPACECRAFT SPARE PARTS (PRODUCT HARMONIZED SYSTEM CODE: 8803) (USD THOUSAND)    69
5.10    KEY CONFERENCES & EVENTS IN 2022-2023    69
TABLE 8    SPACE POWER ELECTRONICS MARKET: CONFERENCES & EVENTS    69
5.11    TARIFF AND REGULATORY LANDSCAPE    72
5.11.1    REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS    72
TABLE 9    NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS    72
TABLE 10    EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS    72
TABLE 11    ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS    73
5.11.2    NORTH AMERICA    73
5.11.3    EUROPE    73
5.11.3.1    UN Outer Space Treaty    73
5.11.3.2    Developers    74
5.11.4    ASIA PACIFIC    74
5.11.5    MIDDLE EAST & AFRICA    74
5.12    PORTER’S FIVE FORCES ANALYSIS    75
TABLE 12    SPACE POWER ELECTRONICS: PORTER’S FIVE FORCE ANALYSIS    75
FIGURE 28    POSTER FIVE FORCES ANALYSIS: SPACE POWER ELECTRONICS MARKET    75
5.12.1    THREAT OF NEW ENTRANTS    76
5.12.2    THREAT OF SUBSTITUTES    76
5.12.3    BARGAINING POWER OF SUPPLIERS    76
5.12.4    BARGAINING POWER OF BUYERS    77
5.12.5    INTENSITY OF COMPETITIVE RIVALRY    77
5.13    KEY STAKEHOLDERS & BUYING CRITERIA    77
5.13.1    KEY STAKEHOLDERS IN BUYING PROCESS    77
FIGURE 29    INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP 3 APPLICATIONS    77
TABLE 13    INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP 3 APPLICATIONS (%)    78
5.13.2    BUYING CRITERIA    78
FIGURE 30    KEY BUYING CRITERIA FOR TOP 3 APPLICATIONS    78
TABLE 14    KEY BUYING CRITERIA FOR TOP 3 APPLICATIONS    78

6    INDUSTRY TRENDS    79
6.1    INTRODUCTION    79
6.2    TECHNOLOGY TRENDS    79
6.2.1    RADIATION-HARDENED GALLIUM NITRIDE POWER DEVICES    79
6.2.2    LOW POWER DC/DC CONVERTER MODULES    79
6.2.3    MODULAR ELECTRIC POWER SYSTEMS    79
6.2.4    MACHINE LEARNING-POWERED ANALYTICS    80
6.3    TECHNOLOGY ANALYSIS    80
6.3.1    SILICON CARBIDE    80
6.3.2    FIELD PROGRAMMABLE GATE ARRAYS    80
6.3.3    SWAP - SIZE, WEIGHT, AND POWER    81
6.4    PATENT ANALYSIS    81
TABLE 15    PATENTS RELATED TO SPACE POWER ELECTRONICS GRANTED BETWEEN 2017 AND 2021    81
6.5    USE CASES    82
6.5.1    USE CASE: SOLAR ARRAY PANELS FOR POWER GENERATION IN SATELLITES    82
6.5.2    USE CASE: SATELLITE RADIATION HARDNESS TEST    83
6.5.3    USE CASE: CUBESATS FOR INTERPLANETARY MISSIONS    83
6.6    IMPACT OF MEGATRENDS    84
6.6.1    DEVELOPMENT OF NEW-GENERATION CUBESATS FOR LUNAR EXPLORATION    84
6.6.2    USE OF RADIATION HARDENED POWER ELECTRONICS IN SPACE    85
6.6.3    CONVERGENCE OF TRADITIONAL AND NEW SPACE ELECTRONICS SOLUTIONS    85
7    SPACE POWER ELECTRONICS MARKET, BY DEVICE TYPE    86
7.1    INTRODUCTION    87
FIGURE 31    POWER IC SEGMENT TO COMMAND LARGEST SHARE DURING FORECAST PERIOD    87
TABLE 16    SPACE POWER ELECTRONICS MARKET, BY DEVICE TYPE,
2018–2020 (USD MILLION)    87
TABLE 17    SPACE POWER ELECTRONICS MARKET, BY DEVICE TYPE,
2021–2026 (USD MILLION)    88
7.2    POWER DISCRETE    88
7.2.1    DIODES    88
7.2.1.1    High demand for silicon carbide power diodes in solar panels on satellites    88
7.2.2    TRANSISTORS    88
7.2.2.1    GaN transistors widely used for Earth observation satellites and satellite internet    88
7.3    POWER MODULE    89
7.3.1    INTELLIGENT POWER MODULE (IPM)    89
7.3.1.1    Increasing use of COTS-based IPM lowers space mission costs    89
7.3.2    STANDARD AND INTEGRATED POWER MODULES (MOSFETS, IGBT)    89
7.3.2.1    Increasing use of radiation hardened power MOSFETs in satellites, spacecraft, and space stations    89
7.4    POWER IC    90
7.4.1    POWER MANAGEMENT IC    90
7.4.1.1    Key focus on developing CubeSats for communication and testing emerging technologies    90
7.4.2    APPLICATION-SPECIFIC IC    90
7.4.2.1    Increased investments in satellites help develop more application-specific ICs    90
8    SPACE POWER ELECTRONICS MARKET, BY PLATFORM    91
8.1    INTRODUCTION    92
FIGURE 32    COMMAND & DATA HANDLING SEGMENT PROJECTED TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD    92
TABLE 18    SPACE POWER ELECTRONICS MARKET, BY PLATFORM,
2018–2020 (USD MILLION)    92
TABLE 19    SPACE POWER ELECTRONICS MARKET, BY PLATFORM,
2021–2026 (USD MILLION)    93
8.2    POWER    93
8.2.1    DEMAND FOR HIGH EFFICIENCY ELECTRICAL POWER AND DISTRIBUTION SYSTEMS ON THE RISE    93
8.3    COMMAND & DATA HANDLING    94
8.3.1    INCREASING DEMAND FOR LOW POWER CONSUMPTION COMMAND & DATA HANDLING FOR NANOSATELLITES    94
8.4    ATTITUDE DETERMINATION & CONTROL SYSTEM (ADCS)    94
8.4.1    DEMAND FOR HIGH EFFICIENCY RADIATION HARDENED INTERFACE FOR ADCS    94
8.5    PROPULSION    94
8.5.1    NEED FOR INNOVATIVE POWER SYSTEMS FOR ELECTRICAL PROPULSION    94
8.6    TELEMETRY TRACKING & COMMAND SYSTEM (TT&C)    95
8.6.1    INCREASING SATELLITE LAUNCHES INCREASES DEMAND FOR TT&C    95
8.7    STRUCTURE    95
8.7.1    DEVELOPMENT OF MULTI-FUNCTIONAL STRUCTURES – KEY DRIVER    95
8.8    THERMAL SYSTEM    95
8.8.1    CRITICAL TO MAINTAINING OPTIMAL TEMPERATURE IN SPACECRAFT    95
9    SPACE POWER ELECTRONICS MARKET, BY APPLICATION    97
9.1    INTRODUCTION    98
FIGURE 33    SPACECRAFT & LAUNCH VEHICLES TO GROW FASTEST DURING FORECAST PERIOD    98
TABLE 20    SPACE POWER ELECTRONICS MARKET, BY APPLICATION,
2018–2020 (USD MILLION)    98
TABLE 21    SPACE POWER ELECTRONICS MARKET, BY APPLICATION,
2021–2026 (USD MILLION)    99
9.2    SATELLITES    99
9.2.1    INCREASING DEPLOYMENT OF CUBESATS IN INTERPLANETARY MISSIONS BOOSTS SEGMENT    99
9.3    SPACECRAFT & LAUNCH VEHICLES    99
9.3.1    USE OF REUSABLE LAUNCH VEHICLES REDUCES SPACE MISSION COSTS    99
9.4    ROVERS    100
9.4.1    SPACE-GRADE MOSFETS, ICS IN ROVERS WIDELY USED FOR DEEP SPACE EXPLORATION    100
9.5    SPACE STATIONS    100
9.5.1    LAUNCH OF CREWED SPACECRAFT TO INTERNATIONAL SPACE STATION FUELS GROWTH    100
10    SPACE POWER ELECTRONICS MARKET, BY VOLTAGE    102
10.1    INTRODUCTION    103
FIGURE 34    LOW VOLTAGE SEGMENT PROJECTED TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD    103
TABLE 22    SPACE POWER ELECTRONICS MARKET, BY VOLTAGE,
2018–2020 (USD MILLION)    103
TABLE 23    SPACE POWER ELECTRONICS MARKET, BY VOLTAGE,
2021–2026 (USD MILLION)    103
10.2    LOW VOLTAGE (BELOW 28V)    104
10.2.1    SEGMENT DRIVEN BY USE OF GAN FIELD-EFFECT TRANSISTORS (FET) IN SMALL SATELLITES    104
10.3    MEDIUM VOLTAGE (28V – 80V)    104
10.3.1    INCREASING USE OF MODULAR ELECTRIC POWER SYSTEMS BOOSTS SEGMENT    104
10.4    HIGH VOLTAGE (ABOVE 80V)    104
10.4.1    INCREASING USE OF HIGH VOLTAGE POWER MODULES FUELS GROWTH    104
11    SPACE POWER ELECTRONICS MARKET, BY CURRENT    105
11.1    INTRODUCTION    106
FIGURE 35    UP TO 25A SEGMENT TO DOMINATE DURING FORECAST PERIOD    106
TABLE 24    SPACE POWER ELECTRONICS MARKET, BY CURRENT,
2018–2020 (USD MILLION)    106
TABLE 25    SPACE POWER ELECTRONICS MARKET, BY CURRENT,
2021–2026 (USD MILLION)    106
11.2    UP TO 25 A    107
11.2.1    INCREASING LAUNCH OF DEEP-SPACE EXPLORATION MISSIONS BOOSTS SEGMENT    107
11.3    25–50 A    107
11.3.1    RAPID MINIATURIZATION OF PAYLOADS FACILITATES USE OF SATELLITES FOR SCIENCE MISSIONS    107
11.4    OVER 50 A    108
11.4.1    NEED FOR HIGH-DENSITY POWER TO MAINTAIN ‘NEW SPACE’ GROWTH    108
12    SPACE POWER ELECTRONICS MARKET, BY MATERIAL    109
12.1    INTRODUCTION    110
FIGURE 36    SILICON SEGMENT TO LEAD DURING FORECAST PERIOD    110
TABLE 26    SPACE POWER ELECTRONICS MARKET, BY MATERIAL,
2018–2020 (USD MILLION)    110
TABLE 27    SPACE POWER ELECTRONICS MARKET, BY MATERIAL,
2021–2026 (USD MILLION)    111
12.2    SILICON    111
12.2.1    PERFORMANCE, RELIABILITY, AND FLIGHT HERITAGE DRIVE SILICON MOSFET USAGE    111
12.3    SILICON CARBIDE    111
12.3.1    USED TO REDUCE SPACECRAFT MASS AND INCREASE FUNCTIONAL CAPACITY    111
12.4    GALLIUM NITRIDE    112
12.4.1    USED TO POWER VARIOUS DEEP-SPACE APPLICATIONS    112
12.5    OTHERS    112
13    REGIONAL ANALYSIS    113
13.1    INTRODUCTION    114
13.2    COVID-19 IMPACT    114
TABLE 28    SPACE POWER ELECTRONICS MARKET, BY REGION,
2018–2020 (USD MILLION)    115
TABLE 29    SPACE POWER ELECTRONICS MARKET, BY REGION,
2021–2026 (USD MILLION)    115
13.3    NORTH AMERICA    115
13.3.1    NORTH AMERICA: COVID-19 IMPACT    115
13.3.2    PESTLE ANALYSIS: NORTH AMERICA    116
FIGURE 37    NORTH AMERICA: SPACE POWER ELECTRONICS MARKET SNAPSHOT    117
TABLE 30    NORTH AMERICA: SPACE POWER ELECTRONICS MARKET, BY DEVICE TYPE, 2018–2020 (USD MILLION)    117
TABLE 31    NORTH AMERICA: SPACE POWER ELECTRONICS MARKET, BY DEVICE TYPE, 2021–2026 (USD MILLION)    118
TABLE 32    NORTH AMERICA: SPACE POWER ELECTRONICS MARKET, BY APPLICATION, 2018–2020 (USD MILLION)    118
TABLE 33    NORTH AMERICA: SPACE POWER ELECTRONICS MARKET, BY APPLICATION, 2021–2026 (USD MILLION)    118
TABLE 34    NORTH AMERICA: SPACE POWER ELECTRONICS MARKET, BY COUNTRY, 2018–2020 (USD MILLION)    118
TABLE 35    NORTH AMERICA: SPACE POWER ELECTRONICS MARKET, BY COUNTRY, 2021–2026 (USD MILLION)    119
13.3.3    US    119
13.3.3.1    Use of radiation-fault-tolerant DC-DC converter power modules in small satellites drives market    119
TABLE 36    US: SPACE POWER ELECTRONICS MARKET, BY DEVICE TYPE,
 2018–2020 (USD MILLION)    119
TABLE 37    US: SPACE POWER ELECTRONICS MARKET, BY DEVICE TYPE,
2021–2026 (USD MILLION)    120
TABLE 38    US: SPACE POWER ELECTRONICS MARKET, BY APPLICATION,
2018–2020 (USD MILLION)    120
TABLE 39    US: SPACE POWER ELECTRONICS MARKET, BY APPLICATION,
2021–2026 (USD MILLION)    120
13.3.4    CANADA    120
13.3.4.1    Ongoing developments in planetary exploration to drive market in Canada    120
TABLE 40    CANADA: SPACE POWER ELECTRONICS MARKET, BY DEVICE TYPE,
2018–2020 (USD MILLION)    121
TABLE 41    CANADA: SPACE POWER ELECTRONICS MARKET, BY DEVICE TYPE,
2021–2026 (USD MILLION)    121
TABLE 42    CANADA: SPACE POWER ELECTRONICS MARKET, BY APPLICATION,
2018–2020 (USD MILLION)    121
TABLE 43    CANADA: SPACE POWER ELECTRONICS MARKET, BY APPLICATION,
2021–2026 (USD MILLION)    122
13.4    EUROPE    122
13.4.1    COVID-19 IMPACT ON EUROPE    122
13.4.2    PESTLE ANALYSIS: EUROPE    122
FIGURE 38    EUROPE: SPACE POWER ELECTRONICS MARKET SNAPSHOT    124
TABLE 44    EUROPE: SPACE POWER ELECTRONICS MARKET, BY DEVICE TYPE,
2018–2020 (USD MILLION)    124
TABLE 45    EUROPE: SPACE POWER ELECTRONICS MARKET, BY DEVICE TYPE,
2021–2026 (USD MILLION)    125
TABLE 46    EUROPE: SPACE POWER ELECTRONICS MARKET, BY APPLICATION,
2018–2020 (USD MILLION)    125
TABLE 47    EUROPE: SPACE POWER ELECTRONICS MARKET, BY APPLICATION,
2021–2026 (USD MILLION)    125
TABLE 48    EUROPE: SPACE POWER ELECTRONICS MARKET, BY COUNTRY,
2018–2020 (USD MILLION)    126
TABLE 49    EUROPE: SPACE POWER ELECTRONICS MARKET, BY COUNTRY,
2021–2026 (USD MILLION)    126
13.4.3    RUSSIA    126
TABLE 50    RUSSIA: SPACE POWER ELECTRONICS MARKET, BY DEVICE TYPE,
2018–2020 (USD MILLION)    127
TABLE 51    RUSSIA: SPACE POWER ELECTRONICS MARKET, BY DEVICE TYPE,
2021–2026 (USD MILLION)    127
TABLE 52    RUSSIA: SPACE POWER ELECTRONICS MARKET, BY APPLICATION,
2018–2020 (USD MILLION)    127
TABLE 53    RUSSIA: SPACE POWER ELECTRONICS MARKET, BY APPLICATION,
2021–2026 (USD MILLION)    128
13.4.4    GERMANY    128
13.4.4.1    Increasing budget for space missions to fuel market    128
TABLE 54    GERMANY: SPACE POWER ELECTRONICS MARKET, BY DEVICE TYPE,
2018–2020 (USD MILLION)    128
TABLE 55    GERMANY: SPACE POWER ELECTRONICS MARKET, BY DEVICE TYPE,
2021–2026 (USD MILLION)    129
TABLE 56    GERMANY: SPACE POWER ELECTRONICS MARKET, BY APPLICATION,
2018–2020 (USD MILLION)    129
TABLE 57    GERMANY: SPACE POWER ELECTRONICS MARKET, BY APPLICATION,
2021–2026 (USD MILLION)    129
13.4.5    FINLAND    129
13.4.5.1    Increasing partnerships among local companies to drive market    129
TABLE 58    FINLAND: SPACE POWER ELECTRONICS MARKET, BY DEVICE TYPE,
2018–2020 (USD MILLION)    130
TABLE 59    FINLAND: SPACE POWER ELECTRONICS MARKET, BY DEVICE TYPE,
2021–2026 (USD MILLION)    130
TABLE 60    FINLAND: SPACE POWER ELECTRONICS MARKET, BY APPLICATION,
2018–2020 (USD MILLION)    130
TABLE 61    FINLAND: SPACE POWER ELECTRONICS MARKET, BY APPLICATION,
2021–2026 (USD MILLION)    131
13.4.6    UK    131
13.4.6.1    Partnerships between UK Space Agency, NASA, and others to drive market    131
TABLE 62    UK: SPACE POWER ELECTRONICS MARKET, BY DEVICE TYPE,
2018–2020 (USD MILLION)    131
TABLE 63    UK: SPACE POWER ELECTRONICS MARKET, BY DEVICE TYPE,
2021–2026 (USD MILLION)    131
TABLE 64    UK: SPACE POWER ELECTRONICS MARKET, BY APPLICATION,
2018–2020 (USD MILLION)    132
TABLE 65    UK: SPACE POWER ELECTRONICS MARKET, BY APPLICATION,
2021–2026 (USD MILLION)    132
13.4.7    ITALY    132
13.4.7.1    Increasing number of remote sensing satellites fuels market    132
TABLE 66    ITALY: SPACE POWER ELECTRONICS MARKET, BY DEVICE TYPE,
2018–2020 (USD MILLION)    133
TABLE 67    ITALY: SPACE POWER ELECTRONICS MARKET, BY DEVICE TYPE,
2021–2026 (USD MILLION)    133
TABLE 68    ITALY: SPACE POWER ELECTRONICS MARKET, BY APPLICATION,
2018–2020 (USD MILLION)    133
TABLE 69    ITALY: SPACE POWER ELECTRONICS MARKET, BY APPLICATION,
2021–2026 (USD MILLION)    133
13.4.8    REST OF EUROPE    134
TABLE 70    REST OF EUROPE: SPACE POWER ELECTRONICS MARKET, BY DEVICE TYPE, 2018–2020 (USD MILLION)    134
TABLE 71    REST OF EUROPE: SPACE POWER ELECTRONICS MARKET, BY DEVICE TYPE, 2021–2026 (USD MILLION)    134
TABLE 72    REST OF EUROPE: SPACE POWER ELECTRONICS MARKET, BY APPLICATION, 2018–2020 (USD MILLION)    135
TABLE 73    REST OF EUROPE: SPACE POWER ELECTRONICS MARKET, BY APPLICATION, 2021–2026 (USD MILLION)    135
13.5    ASIA PACIFIC    135
13.5.1    COVID-19 IMPACT: ASIA PACIFIC    136
13.5.2    PESTLE ANALYSIS: ASIA PACIFIC    136
FIGURE 39    ASIA PACIFIC: SPACE POWER ELECTRONICS MARKET SNAPSHOT    137
TABLE 74    ASIA PACIFIC: SPACE POWER ELECTRONICS MARKET, BY DEVICE TYPE, 2018–2020 (USD MILLION)    138
TABLE 75    ASIA PACIFIC: SPACE POWER ELECTRONICS MARKET, BY DEVICE TYPE, 2021–2026 (USD MILLION)    138
TABLE 76    ASIA PACIFIC: SPACE POWER ELECTRONICS MARKET, BY APPLICATION, 2018–2020 (USD MILLION)    138
TABLE 77    ASIA PACIFIC: SPACE POWER ELECTRONICS MARKET, BY APPLICATION, 2021–2026 (USD MILLION)    138
TABLE 78    ASIA PACIFIC: SPACE POWER ELECTRONICS MARKET, BY COUNTRY,
2018–2020 (USD MILLION)    139
TABLE 79    ASIA PACIFIC: SPACE POWER ELECTRONICS MARKET, BY COUNTRY,
2021–2026 (USD MILLION)    139
13.5.3    CHINA    139
13.5.3.1    Advancements in space missions and endeavors like Chinese space station drive market growth    139
TABLE 80    CHINA: SPACE POWER ELECTRONICS MARKET, BY DEVICE TYPE,
2018–2020 (USD MILLION)    140
TABLE 81    CHINA: SPACE POWER ELECTRONICS MARKET, BY DEVICE TYPE,
2021–2026 (USD MILLION)    140
TABLE 82    CHINA: SPACE POWER ELECTRONICS MARKET, BY APPLICATION,
2018–2020 (USD MILLION)    140
TABLE 83    CHINA: SPACE POWER ELECTRONICS MARKET, BY APPLICATION,
2021–2026 (USD MILLION)    140
13.5.4    INDIA    141
13.5.4.1    Thriving telecommunications industry to drive Indian market for space power electronics    141
TABLE 84    INDIA: SPACE POWER ELECTRONICS MARKET, BY DEVICE TYPE,
2018–2020 (USD MILLION)    141
TABLE 85    INDIA: SPACE POWER ELECTRONICS MARKET, BY DEVICE TYPE,
2021–2026 (USD MILLION)    141
TABLE 86    INDIA: SPACE POWER ELECTRONICS MARKET, BY APPLICATION,
2018–2020 (USD MILLION)    142
TABLE 87    INDIA: SPACE POWER ELECTRONICS MARKET, BY APPLICATION,
2021–2026 (USD MILLION)    142
13.5.5    JAPAN    142
13.5.5.1    Involvement of private space companies in government space programs to drive market    142
TABLE 88    JAPAN: SPACE POWER ELECTRONICS MARKET, BY DEVICE TYPE,
2018–2020 (USD MILLION)    143
TABLE 89    JAPAN: SPACE POWER ELECTRONICS MARKET, BY DEVICE TYPE,
2021–2026 (USD MILLION)    143
TABLE 90    JAPAN: SPACE POWER ELECTRONICS MARKET, BY APPLICATION,
2018–2020 (USD MILLION)    143
TABLE 91    JAPAN: SPACE POWER ELECTRONICS MARKET, BY APPLICATION,
2021–2026 (USD MILLION)    143
13.5.6    REST OF ASIA PACIFIC    144
TABLE 92    REST OF ASIA PACIFIC: SPACE POWER ELECTRONICS MARKET,
BY DEVICE TYPE, 2018–2020 (USD MILLION)    144
TABLE 93    REST OF ASIA PACIFIC: SPACE POWER ELECTRONICS MARKET,
BY DEVICE TYPE, 2021–2026 (USD MILLION)    144
TABLE 94    REST OF ASIA PACIFIC: SPACE POWER ELECTRONICS MARKET,
BY APPLICATION, 2018–2020 (USD MILLION)    145
TABLE 95    REST OF ASIA PACIFIC: SPACE POWER ELECTRONICS MARKET,
BY APPLICATION, 2021–2026 (USD MILLION)    145

13.6    REST OF THE WORLD    145
13.6.1    COVID-19 IMPACT ON REST OF THE WORLD    146
13.6.2    PESTLE ANALYSIS: REST OF THE WORLD    146
TABLE 96    REST OF THE WORLD: SPACE POWER ELECTRONICS MARKET,
BY DEVICE TYPE, 2018–2020 (USD MILLION)    147
TABLE 97    REST OF THE WORLD: SPACE POWER ELECTRONICS MARKET,
BY DEVICE TYPE, 2021–2026 (USD MILLION)    147
TABLE 98    REST OF THE WORLD: SPACE POWER ELECTRONICS MARKET,
BY APPLICATION, 2018–2020 (USD MILLION)    148
TABLE 99    REST OF THE WORLD: SPACE POWER ELECTRONICS MARKET,
BY APPLICATION, 2021–2026 (USD MILLION)    148
TABLE 100    REST OF THE WORLD: SPACE POWER ELECTRONICS MARKET,
BY REGION, 2018–2020 (USD MILLION)    148
TABLE 101    REST OF THE WORLD: SPACE POWER ELECTRONICS MARKET,
BY REGION, 2021–2026 (USD MILLION)    148
13.6.3    MIDDLE EAST    149
13.6.3.1    Government focus on enhancing military space applications supports market growth    149
TABLE 102    MIDDLE EAST: SPACE POWER ELECTRONICS MARKET, BY DEVICE TYPE, 2018–2020 (USD MILLION)    149
TABLE 103    MIDDLE EAST: SPACE POWER ELECTRONICS MARKET, BY DEVICE TYPE, 2021–2026 (USD MILLION)    149
TABLE 104    MIDDLE EAST: SPACE POWER ELECTRONICS MARKET, BY APPLICATION, 2018–2020 (USD MILLION)    150
TABLE 105    MIDDLE EAST: SPACE POWER ELECTRONICS MARKET, BY APPLICATION, 2021–2026 (USD MILLION)    150
13.6.4    AFRICA    150
13.6.4.1    ongoing involvement in nanosatellite launches stimulates market growth    150
TABLE 106    AFRICA: SPACE POWER ELECTRONICS MARKET, BY DEVICE TYPE,
2018–2020 (USD MILLION)    151
TABLE 107    AFRICA: SPACE POWER ELECTRONICS MARKET, BY DEVICE TYPE,
2021–2026 (USD MILLION)    151
TABLE 108    AFRICA: SPACE POWER ELECTRONICS MARKET, BY APPLICATION,
2018–2020 (USD MILLION)    151
TABLE 109    AFRICA: SPACE POWER ELECTRONICS MARKET, BY APPLICATION,
2021–2026 (USD MILLION)    151
13.6.5    LATIN AMERICA    152
13.6.5.1    Continued tie-ups with foreign space agencies for space missions will drive market    152
TABLE 110    LATIN AMERICA: SPACE POWER ELECTRONICS MARKET, BY DEVICE TYPE, 2018–2020 (USD MILLION)    152
TABLE 111    LATIN AMERICA: SPACE POWER ELECTRONICS MARKET, BY DEVICE TYPE, 2021–2026 (USD MILLION)    152
TABLE 112    LATIN AMERICA: SPACE POWER ELECTRONICS MARKET, BY APPLICATION, 2018–2020 (USD MILLION)    153
TABLE 113    LATIN AMERICA: SPACE POWER ELECTRONICS MARKET, BY APPLICATION, 2021–2026 (USD MILLION)    153
14    COMPETITIVE LANDSCAPE    154
14.1    INTRODUCTION    154
14.2    COMPANY OVERVIEW    154
TABLE 114    KEY DEVELOPMENTS OF LEADING PLAYERS IN SPACE POWER ELECTRONICS MARKET (2019-2021)    154
14.3    RANKING ANALYSIS OF KEY PLAYERS IN SPACE POWER ELECTRONICS MARKET,2021    155
FIGURE 40    RANKING OF KEY PLAYERS IN SPACE POWER ELECTRONICS MARKET, 2021    156
14.4    REVENUE ANALYSIS,2021    156
FIGURE 41    REVENUE ANALYSIS OF KEY COMPANIES IN SPACE POWER ELECTRONICS MARKET    156
14.5    MARKET SHARE ANALYSIS,2021    157
TABLE 115    SPACE POWER ELECTRONICS MARKET: DEGREE OF COMPETITION    157
14.6    COMPETITIVE EVALUATION QUADRANT    159
14.6.1    STAR    159
14.6.2    EMERGING LEADER    159
14.6.3    PERVASIVE    159
14.6.4    PARTICIPANT    159
FIGURE 42    SPACE POWER ELECTRONICS MARKET COMPETITIVE LEADERSHIP MAPPING, 2021    160
14.7    STARTUP/SME EVALUATION QUADRANT    161
14.7.1    PROGRESSIVE COMPANY    161
14.7.2    RESPONSIVE COMPANY    161
14.7.3    STARTING BLOCK    161
14.7.4    DYNAMIC COMPANY    161
FIGURE 43    SPACE POWER ELECTRONICS MARKET (STARTUP/SME) COMPETITIVE LEADERSHIP MAPPING, 2020    162
14.7.4.1    Competitive benchmarking    163
TABLE 116    SPACE POWER ELECTRONICS MARKET: DETAILED LIST OF KEY STARTUP/SMES    163
14.8    COMPETITIVE SCENARIO    164
TABLE 117    NEW PRODUCT LAUNCHES, 2019–MARCH 2022    164
TABLE 118    CONTRACTS, PARTNERSHIPS, AND AGREEMENTS, 2019–MARCH 2022    167
TABLE 119    EXPANSIONS AND COLLABORATIONS, 2019–MARCH 2022    170
15    COMPANY PROFILES    172
(Business Overview, Products Offered, Recent Developments, MnM View Right to win, Strategic choices made, Weaknesses and competitive threats) *
15.1    INTRODUCTION    172
15.2    KEY PLAYERS    172
15.2.1    INFINEON TECHNOLOGIES    172
TABLE 120    INFINEON TECHNOLOGIES: BUSINESS OVERVIEW    173
FIGURE 44    INFINEON TECHNOLOGIES: COMPANY SNAPSHOT    173
TABLE 121    INFINEON TECHNOLOGIES: PRODUCT/SOLUTIONS/SERVICES OFFERED    174
TABLE 122    INFINEON TECHNOLOGIES: DEALS    175
TABLE 123    INFINEON TECHNOLOGIES: OTHERS    176
15.2.2    TEXAS INSTRUMENTS INCORPORATED    177
TABLE 124    TEXAS INSTRUMENTS INCORPORATED: BUSINESS OVERVIEW    177
FIGURE 45    TEXAS INSTRUMENTS INCORPORATED: COMPANY SNAPSHOT    178
TABLE 125    TEXAS INSTRUMENTS INCORPORATED: PRODUCT/SOLUTIONS/SERVICES OFFERED    178
TABLE 126    TEXAS INSTRUMENTS INCORPORATED: PRODUCT LAUNCHES    180
TABLE 127    TEXAS INSTRUMENTS INCORPORATED: OTHERS    180
15.2.3    STMICROELECTRONICS    181
TABLE 128    STMICROELECTRONICS: BUSINESS OVERVIEW    181
FIGURE 46    STMICROELECTRONICS: COMPANY SNAPSHOT    182
TABLE 129    STMICROELECTRONICS: PRODUCT/SOLUTIONS/SERVICES OFFERED    182
TABLE 130    STMICROELECTRONICS: DEALS    184
TABLE 131    STMICROELECTRONICS: PRODUCT LAUNCHES    184
15.2.4    ONSEMI    185
TABLE 132    ONSEMI: BUSINESS OVERVIEW    185
FIGURE 47    ONSEMI: COMPANY SNAPSHOT    185
TABLE 133    ONSEMI: PRODUCT/SOLUTIONS/SERVICES OFFERED    186
TABLE 134    ONSEMI: DEALS    186
15.2.5    RENESAS ELECTRONICS CORPORATION    187
TABLE 135    RENESAS ELECTRONICS CORPORATION: BUSINESS OVERVIEW    187
FIGURE 48    RENESAS ELECTRONICS CORPORATION: COMPANY SNAPSHOT    188
TABLE 136    RENESAS ELECTRONICS CORPORATION: PRODUCT/SOLUTIONS/SERVICES OFFERED    188
TABLE 137    RENESAS ELECTRONICS CORPORATION: DEALS    189
TABLE 138    RENESAS ELECTRONICS CORPORATION: PRODUCT LAUNCHES    190
15.2.6    BAE SYSTEMS PLC    191
TABLE 139    BAE SYSTEMS PLC: BUSINESS OVERVIEW    191
FIGURE 49    BAE SYSTEMS PLC: COMPANY SNAPSHOT    192
TABLE 140    BAE SYSTEMS PLC: PRODUCT/SOLUTIONS/SERVICES OFFERED    192
TABLE 141    BAE SYSTEMS PLC: DEALS    193
15.2.7    ANALOG DEVICES, INC.    194
TABLE 142    ANALOG DEVICES INC: BUSINESS OVERVIEW    194
FIGURE 50    ANALOG DEVICES INC.: COMPANY SNAPSHOT    195
TABLE 143    ANALOG DEVICES INC.: PRODUCT/SOLUTIONS/SERVICES OFFERED    195
15.2.8    VISHAY INTERTECHNOLOGY, INC.    197
TABLE 144    VISHAY INTERTECHNOLOGY INC.: BUSINESS OVERVIEW    197
FIGURE 51    VISHAY INTERTECHNOLOGY INC.: COMPANY SNAPSHOT    198
TABLE 145    VISHAY INTERTECHNOLOGY INC.: PRODUCT/SOLUTIONS/SERVICES OFFERED    198
15.2.9    NXP SEMICONDUCTORS    200
TABLE 146    NXP SEMICONDUCTORS: BUSINESS OVERVIEW    200
FIGURE 52    NXP SEMICONDUCTORS: COMPANY SNAPSHOT    200
TABLE 147    NXP SEMICONDUCTORS: PRODUCT/SOLUTIONS/SERVICES OFFERED    201
15.2.10    CRANE CO.    202
TABLE 148    CRANE CO.: BUSINESS OVERVIEW    202
FIGURE 53    CRANE CO.: COMPANY SNAPSHOT    203
TABLE 149    CRANE CO.: PRODUCT/SOLUTIONS/SERVICES OFFERED    203
15.2.11    HEICO CORPORATION    205
TABLE 150    HEICO CORPORATION: BUSINESS OVERVIEW    205
FIGURE 54    HEICO CORPORATION: COMPANY SNAPSHOT    205
TABLE 151    HEICO CORPORATION: PRODUCT/SOLUTIONS/SERVICES OFFERED    206
TABLE 152    HEICO CORPORATION: DEALS    207
TABLE 153    HEICO CORPORATION: PRODUCT LAUNCHES    207
15.2.12    MICROCHIP TECHNOLOGY INC.    209
TABLE 154    MICROCHIP TECHNOLOGY INC: BUSINESS OVERVIEW    209
FIGURE 55    MICROCHIP TECHNOLOGY INC.: COMPANY SNAPSHOT    210
TABLE 155    MICROCHIP TECHNOLOGY INC.: PRODUCT/SOLUTIONS/SERVICES OFFERED    210
TABLE 156    MICROCHIP TECHNOLOGY INC.: PRODUCT LAUNCHES    212
TABLE 157    MICROCHIP TECHNOLOGY INC.: DEALS    212
TABLE 158    MICROCHIP TECHNOLOGY INC.: OTHERS    213
15.2.13    COBHAM LIMITED    214
TABLE 159    COBHAM LIMITED: BUSINESS OVERVIEW    214
TABLE 160    COBHAM LIMITED: PRODUCT/SOLUTIONS/SERVICES OFFERED    214
TABLE 161    COBHAM LIMITED: DEALS    215
TABLE 162    COBHAM LIMITED: PRODUCT LAUNCHES    216
15.2.14    AIRBUS    217
TABLE 163    AIRBUS: BUSINESS OVERVIEW    217
FIGURE 56    AIRBUS: COMPANY SNAPSHOT    218
TABLE 164    AIRBUS: PRODUCT/SOLUTIONS/SERVICES OFFERED    218
TABLE 165    AIRBUS: DEALS    220
15.2.15    RUAG GROUP    221
TABLE 166    RUAG GROUP: BUSINESS OVERVIEW    221
FIGURE 57    RUAG GROUP: COMPANY SNAPSHOT    221
TABLE 167    RUAG GROUP: PRODUCT/SOLUTIONS/SERVICES OFFERED    222
15.3    OTHER PLAYERS    223
15.3.1    EPC SPACE LLC    223
15.3.2    ALPHACORE INC.    224
15.3.3    GOMSPACE: COMPANY OVERVIEW    225
15.3.4    GAN SYSTEMS INC.    226
15.3.5    API TECHNOLOGIES    227
15.3.6    WOLFSPEED INC.    228
15.3.7    TT ELECTRONICS    229
15.3.8    TERMA GROUP    230
15.3.9    VICOR CORPORATION    231
15.3.10    SOLID STATE DEVICES, INC.    232
*Details on Business Overview, Products Offered, Recent Developments, MnM View, Right to win, Strategic choices made, Weaknesses and competitive threats might not be captured in case of unlisted companies.
16    APPENDIX    233
16.1    DISCUSSION GUIDE    233
16.2    KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL    235
16.3    AVAILABLE CUSTOMIZATIONS    237
16.4    RELATED REPORTS    237
16.5    AUTHOR DETAILS    238"