Space DC-DC Converter Market Size, Industry Revenue, Statistics, Forecast by 2028
The Global Space DC-DC Converter market size reached USD 32.1 Million in 2020 and is expected to register a revenue CAGR of 8.1%, during the forecast period, according to latest analysis by Emergen Research. 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.
The latest research report on the Space Dc-Dc Converter market for the forecast period, 2018 – 2028 is involved in screening the business environment and the companies operating in the Space Dc-Dc Converter industry. Importantly, the research sheds a lot of light on their winning strategies to help stakeholders, business owners, and field marketing executives stay ahead in the competition. Besides, the industry is thoroughly weighed upon on the basis of the total revenue generated as well as the output/volume produced year after year. Other aspects including but not limited to the market drivers, key opportunities and probable restraints are thoroughly assessed during the study.
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The competitive landscape is broadly evaluated alongside the company profiles of key players engaged in the Space DC-DC Converter market are 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
The Space Dc-Dc Converter market is further segmented in terms of applications, end-user, end-use, geographic presence, by-products as well as services. In addition, the subject matter experts evaluating the industry provide an all-inclusive category-specific industry outlook. A comprehensive collection of data on major companies occupying a strong foothold in the industry adds immense value to the overall research. The assessment of the wining strategies followed by these companies can help business owners not only strategize but also execute business operations by referring the statistics about competitor analysis. Careful assessment of the industry analysis across different regions along with vital information on the market size, share and growth rate makes this report a wonderful resource for business evangelists.
Key Highlights From The Report
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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Emergen Research has segmented the global Space DC-DC Converter market on the basis of product, end-use, and region.
Platform Outlook (Revenue, USD Million; 2018–2028)
Interplanetary Spacecraft & Probes
Capsules & Cargos
Rovers & Spacecraft Landers
Type Outlook (Revenue, USD Million; 2018–2028)
Form Factor Outlook (Revenue, USD Million; 2018–2028)
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
Input Voltage Outlook (Revenue, USD Million; 2018–2028)
Output Voltage Outlook (Revenue, USD Million; 2018–2028)
Output Power Outlook (Revenue, USD Million; 2018–2028)
Regional Outlook (Revenue, USD Million; 2018–2028)
America (U.S.) (Canada) (Mexico)
Europe (Germany) (UK) (France) (BENELUX) (Rest of Europe)
Asia Pacific (China) (Japan) (South Korea) (Rest of APAC)
Latin America (Brazil) (Rest of LATAM)
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The study has been conducted on the basis of inputs from the industry leaders. Thus, a conscious effort to dive deep and unearth hard to find information pertaining to the growing market landscape and growth prospects over the next few years is clearly visible in the study. The market intelligence report further comprises of discussions about the major vendors operating in the Space Dc-Dc Converter space.
The research provides answers to the following key questions:
What will be the size of the Space Dc-Dc Converter market and growth rate for the forecast period 2018 – 2028?
What are the major driving factors expected to shape the future of Space Dc-Dc Converter market in the coming years?
Who are prominent players dominating the Space Dc-Dc Converter market? What have been their winning strategies so far?
What are the key trends anticipated to influence the development of the industry worldwide?
What are major threats and challenges hindering the growth of the market across different regions?
What are the opportunities prominent vendors are eyeing to stay competitive in the global market?
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