The [FURL=https://www.industryarc.com/Report/19604/radiation-hardened-mcu-market.html?utm_source=briefingwire&utm_medium=pressrelease&utm_campaign=paidpressrelease]Radiation Hardened MCU Market[/FURL] is expected to experience exponential growth over the next few growth from $1.4 Billion, in 2020 to $1.7 Billion in 2026 growing at a CAGR of 3.5% during 2021 to 2026. Radiation Hardened MCU was launched to benefit the space industry. The first ARM serial peripheral interface based microcontrollers that combine the benefits of commercial-off-the-shelf (COTS) technology with space-qualified versions that have scalable levels of radiation performance.Key Takeaways
The rise in airplane reliability requirements in recent years has been compelled by the Federal Aviation Administration (FAA) is analysed to significantly drive the radiation hardened MCU market during the forecast period 2021-2026.
North America region has the major share owing to the growing developments, the government of this region has announced several funding’s, initiatives for the development of these sectors.
The developments in the medical devices and the need for Medical imaging technology has enabled the design and production of radiation-hard devices using standard MCU for monitoring blood pressure level and for usage in x-ray cargo scanners, with an order of magnitude improvement in radiation tolerance will lead to the demand for radiation hardened MCUs.
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Radiation Hardened Market Segment Analysis- Geography
North America is the largest market and APAC is set to witness fast growth for radiation hardened MCU witha attributed to the rise in commercial space industry and foreign direct investment (FDI) into the aerospace manufacturing industry. The rise in airplane reliability requirements in recent years has been compelled by the Federal Aviation Administration (FAA), which boosts worldwide confidence in the safety of aircraft and aircraft parts produced in the U.S. This has led to increased preference for Radiation Hardened MCU. In September 2019, the government has announced to fund $21.5 billion to NASA for its research and development activities. As NASA has plans to develop spacecraft beam in orbit, and satellites.
Radiation Hardened MCU Market Drivers
The need for radiation hardened device for Low-Earth-Orbit will drive the radiation hardened MCU market
The growing innovations in radiation hardened electronics
Radiation Hardened MCU Market Landscape
The key players in the Radiation Hardened MCU Market include Texas Instruments, Vorago technologies, Microchip Technology, Inc., Renesas Electronics, Honeywell International, Inc., ST Microelectronics, Infenion Technology, Tower Semiconductors, BAE Systems, Cobham PLC.
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