The Asia Pacific radiation-hardened electronics market is expected to exhibit moderate growth during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
Radiation-hardened electronics refer to electronic components that are resistant to damages caused by radiation emitted by nuclear reactors. They are made using gallium nitride, silicon carbide and hydrogenated amorphous silicon and primarily utilized for high-altitude applications. As a result, they are employed in aircraft, satellites and nuclear power plants across the Asia Pacific region.
The rising number of commercial space projects represents one of the significant factors driving the market in the Asia Pacific region. Moreover, radiation-hardened electronics have the capability to withstand high temperature and radiation levels present in nuclear reactors, which is positively influencing their overall sales. Other factors contributing to the market growth include the flourishing semiconductor industry across the region. However, the sudden coronavirus disease (COVID-19) outbreak has impelled governments of several regional countries to impose lockdown restrictions. This has disrupted the supply chains and manufacturing operations of various leading players and negatively impacted the overall market growth. It is anticipated to recover the incurred losses once governing agencies introduce lockdown relaxations.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the Asia Pacific radiation-hardened electronics market, along with forecasts at the regional and country level from 2021-2026. Our report has categorized the market based on product type, material type, technique, component type and application.
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