Global Space DC-DC Converter Market Analysis, Application, And Forecast To 2027Posted by Karthik Pilla on February 22nd, 2023
Bharat Book Bureau Provides the Trending Market Research Report on “Space DC-DC Converter Market by Application, Type (Isolated, Non-Isolated), Form Factor (Chassis Mount, Enclosed, Brick, Discrete), Input Voltage (<12V, 12-40V, 40-75V, >75V), Output Voltage, Output Power, Platform, Type, & Region - Global Forecast to 2027” under the Defence Market Research Report Category. The report offers a collection of superior Market research, Market analysis, competitive intelligence, and Market reports.
The Space DC-DC Converter Market is projected to grow from USD 37 million in 2022 to USD 66 million by 2027, at a CAGR of 12.4%. In recent years, DC-DC converters designed for space applications have evolved in terms of radiation resistance, compactness in size, etc. This evolution results from advancements in the space sector, which include new and improved satellites, spacecraft, etc. Recent developments, such as the Moon landers, have created a huge requirement for space standard radiation-hardened (rad-hard) DC-DC converters. Based on platform, Interplanetary Spacecraft & Probes segment is estimated to be the fastest growing market Interplanetary spacecraft and probes or interplanetary travel is the travel between stars and planets, usually within a single planetary system. In practice, spaceflights of this type are confined to travel between the planets of the solar system. Many astronomers, geologists, and biologists believe that exploring the solar system will provide knowledge that could not be gained by observations from Earth's surface or orbit around Earth. A probe is a spacecraft that travels through space to collect scientific information. Probes do not have astronauts onboard; they send data back to Earth for scientists to study. The Indian Space Research Organisation (ISRO) is planning to deploy Aditya-L1, the first dedicated mission of the country to study the Sun, into space in the first few months of 2023. The satellite, also known as Kuafu-1, was jointly developed by the Innovation Academy for Microsatellites of the Chinese Academy of Sciences (CAS,) CAS National Astronomical Observatory, the CAS Changchun Institute of Optics, Fine Mechanics and Physics, and the CAS Purple Mountain Observatory. Kuafu-1 will conduct continuous solar observations for at least four years. Its primary scientific goals include forming the solar magnetic field, solar flares, and titanic blasts known as coronal mass ejections. Based on form factor, enclosed segment is estimated to be the fastest growing market Enclosed converters are designed to operate at higher temperatures. DC-DC converters with enclosed form factors can provide up to the 10:1 input range. Rad-Hard POL converter from STMicroelectronics (Switzerland) is an enclosed DC-DC converter used in the attitude and orbit control subsystem (AOCS). US to lead North America Space DC-DC Converter market. The growth of the market in the US can be attributed to the presence of key manufacturers of space DC-DC converters in the US. The rise in space launches from NASA is also anticipated to drive the US space DC-DC converter market for planetary exploration during the forecast period. The SLS is being designed to be the launch platform that sends humans to the moon and deeper into the solar system using the Orion spacecraft as well as the ground operation and launch facilities of its Kennedy Space Center in Florida. In July 2022, the US witnessed 39 successful launches out of 41 launches, against 51 in 2021. The use of space DC-DC converters is expected to grow due to the increasing development of radiation-hardened DC-DC converters and miniaturization of DC-DC converters for satellites, capsules\cargos, interplanetary spacecraft & probes, rovers/spacecraft landers, launch vehicles, and space stations. In February 2021, Microchip Technology Inc. (US) launched SA50-120 radiation-hardened DC-to-DC power converters. It is the only non-hybrid space-grade DC-DC power converter that provides flexibility and customization that fits specific requirements and applications. The break-up of the profile of primary participants in the space DC-DC converter market: Key Market Players Research Coverage: Reasons to buy this report: The report provides insights on the following pointers:
Browse our full report with Table of Content:
About Bharat Book Bureau:
Contact us at: Like it? Share it!More by this author |