Space Power Electronics Market Report Scope & Overview:

To get more information on Space Power Electronics Market - Request Free Sample Report

The Space power electronics market size was valued at USD 277.56 million in 2023 and is projected to reach USD 1088.76 million by 2032 with a growing CAGR of 16.4% Over the Forecast Period 2024-2032.

Space power electronics is the use of electronics in satellites, spacecraft, open cars, space stations, and rovers to control and convert electrical energy from one form to another. It is responsible for processing high voltage and currents to deliver power that supports a variety of needs. According to the National Aeronautics and Space Administration, a power system can integrate a modular power electronic subsystem (PESS) connected to a source and load it into its inlet and outlet power holes, respectively. Semiconductor devices such as metal-oxide-semiconductor field-effect transistors (MOSFET), insulated gate bipolar transistors (IGBT), mos-controlled thyristors (MCT), and gate-turn-off thyristors (GTO) are represented. room stone for modem power converters.

KEY DRIVERS

The semiconductor material used to make space cables has made significant strides in the last few decades. The materials used for the wide bandgap semiconductor have a certain interest, which has given a significant improvement in performance beyond the current level, silicon, due to the increased demand for materials such as silicon carbide (SiC) and gallium nitride (GaN). These broad bandgap materials can operate at high temperatures of up to 200 ° C as long as the package cannot withstand this, while silicon is limited to 150 ° C. A wide semiconductor bandgap can handle 10 times more voltage compared to silicon and the switching speed/frequency of SiC and GaN is also 10 times higher than silicon. GaN and SiC electric semiconductors are expected to make significant progress in the energy industry over the next decade and will have a combined 13% share in the semiconductor energy market by 2024.

RESTRAINTS

Many space agencies and nonprofit organizations are trying to improve the technology used in the atmosphere to improve their reliability by improving emissions by reducing energy losses. At the same time, they are trying to reduce the cost of electronic power space. They have developed electromagnetic properties of electromagnetic energy so that they can tolerate strong radioactive environments with better long-term accuracy. Players working in the electronics industry are focused on combining multiple functions into a single chip, leading to a more complex design.

In addition, the design and assembly of complex devices require specialized skills, robust operation, and a set of specific tools, which increase the total cost of devices. Therefore, the high cost of devices is expected to hamper the process of switching to advanced technology equipment. Later, flexible technology creates the need for more performance to integrate into system-on-chips (SoCs), making devices smaller and more efficient. All of these changes in atmospheric energy make their structure more complex and increase the complexity of the assembling process.

OPPORTUNITIES

In the current situation, satellite manufacturers are looking for compact power converters. The combination of converters benefits designers who need a galvanically separated output power or noise reduction in an analog cycle. A smaller version of DC-DC converters will provide much lower noise output with an extended operating temperature, which will result in higher switching frequencies. As a result, converters will deliver higher efficiency. Therefore, market players have the opportunity to reduce device size to make DC-DC converters more efficient

CHALLENGES

The first challenge of atmospheric electronics is the vibration set by the launch car. When a spacecraft leaves Earth's atmosphere there are many local changes such as temperature changes and pressures that need to be handled electronically.

High levels of pollution in the upper areas can contribute to electrostatic emissions. Satellites are also at risk of being charged and charged. Satellite charging is the difference in electrostatic power of a satellite, in relation to the plasma with low-density plasma around the satellite. The charging rate depends on satellite and orbit configurations. Two main mechanisms are responsible for charging plasma bombardment and photoelectric effects. Up to 20,000 V emissions are known to occur on satellites in geosynchronous channels. The atmosphere in LEO is made up of about 96% of atomic oxygen.

THE IMPACT OF COVID-19

The COVID-19 epidemic has wreaked havoc on the world's economic activities. The production of electrical energy in the atmosphere, underground systems, and components has also had an impact. Although satellite systems are very important, disruptions in the supply chain have halted their current production processes. The resumption of production activities depends on the level of exposure to COVID-19, the level at which production operations are performed, and the import and export regulations, among other factors. While companies may still take orders, delivery schedules may not be adjusted.

KEY MARKET SEGMENTATION

By Device Type

• Power Discrete

• Power Module

• Power IC

By Application

• Satellite

• Spacecraft & Launch Vehicle

• Rovers

• Space stations

By Platform type

• Power

• Command and data handling

• ADCS

• Propulsion

• TT&C

• Structure

• Thermal System

By Voltage

• Low Voltage

• Medium Voltage

• High Voltage

By Current

• Upto 25A

• 25-50A

• Over 50A

REGIONAL COVERAGE

North America

• USA

• Canada

• Mexico

Europe

• Germany

• UK

• France

• Italy

• Spain

• The Netherlands

• Rest of Europe

Asia-Pacific

• Japan

• South Korea

• China

• India

• Australia

• Rest of Asia-Pacific

The Middle East & Africa

• Israel

• UAE

• South Africa

• Rest of Middle East & Africa

Latin America

• Brazil

• Argentina

• Rest of Latin America

Need any customization research on Space Power Electronics Market - Enquiry Now

Key Players

The Key Players are Infineon Technologies, Texas Instrument Incorporated, STMicroelectronics, Bonkemi, Renesas Electronics Corporation & Other Players.