Space DC-DC Converter Market by Type (Isolated, Non-Isolated), Platform (Capsules/Cargos, Interplanetary Spacecraft & Probes, Launch Vehicles), Input Voltage, Output Voltage, Form Factor, Output Power, Application - Global Forecast 2024-2030
Description
Space DC-DC Converter Market by Type (Isolated, Non-Isolated), Platform (Capsules/Cargos, Interplanetary Spacecraft & Probes, Launch Vehicles), Input Voltage, Output Voltage, Form Factor, Output Power, Application - Global Forecast 2024-2030
The Space DC-DC Converter Market size was estimated at USD 41.38 million in 2023 and expected to reach USD 44.74 million in 2024, at a CAGR 9.60% to reach USD 78.61 million by 2030.
The space DC-DC converter market comprises the development, manufacture, and sale of DC-DC converters specifically designed for space applications. Advancements in space technology and increasing investments in space exploration missions by governmental and private entities provide significant impetus. The proliferation of satellite constellations for global internet coverage and critical defense communication networks further fuels demand for space DC-DC converters. However, high development costs and stringent standards for space qualification pose significant barriers to market expansion. The extreme operational environment of space demands converters with exceptional reliability, capable of withstanding radiation, vacuum, and extreme temperatures, imposing challenges in design and material selection of DC-DC converters. Moreover, research into novel materials and components, such as gallium nitride (GaN) and silicon carbide (SiC), are expected to offer breakthroughs in performance and thermal management of space DC-DC converters. Continued exploration of power management and distribution technologies to efficiently handle the energy harvested from space-based solar panels is also a key for long-term mission sustainability and success.
Regional Insights
The United States and Canada are at the forefront of the Space DC-DC Converter market in the Americas. The United States, with its robust aerospace sector led by NASA and numerous private entities such as SpaceX, has a significant demand for advanced space technology, including DC-DC converters. Ongoing research initiatives and investments in the Americas region are heavily centered around enhancing space power systems to ensure reliability and efficiency in missions. In the EMEA region, the European Union (EU) countries exhibit a strong demand for space DC-DC converters, driven by collaborative space missions and research projects under the European Space Agency (ESA). The Middle East region has shown keen interest, particularly in satellite technology, with countries such as the United Arab Emirates (UAE) investing in space research and exploration programs, spurring demand for advanced space-grade components, including DC-DC converters. The Asia Pacific region, led by China, Japan, and India, is rapidly growing in the space DC-DC converter market. China's ambitious space program includes manned space missions and deep space exploration, driving the need for reliable power conversion technologies. Japan's sophisticated satellite programs and participation in international space missions generate a steady demand for high-quality DC-DC converters. India, with its cost-effective space mission approach, emphasizes on developing and utilizing robust yet cost-effective DC-DC conversion technologies suitable for a wide range of spacecraft.
Market Insights
- Market Dynamics
The market dynamics represent an ever-changing landscape of the Space DC-DC Converter Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.- Market Drivers
- Rising Deployments of Small Satellites
- Increasing Fundings in Space Exploration Projects
- Surging Number of Satellite Constellations
- Market Restraints
- Technical Concerns and Radiation Intolerance Related to DC-DC Converters
- Market Opportunities
- Miniaturization of Space DC-DC Converters
- Innovations and Developments in DC-DC Converters for Space Applications
- Market Challenges
- Lack of Safety and Equipment Design Standards for Space Grade DC-DC Converter
- Market Segmentation Analysis
- Type: Deployment of isolated DC-DC converters for high safety and reliability
- Application: Significance of space DC-DC converters in power conditioning units
- Market Disruption Analysis
- Porter’s Five Forces Analysis
- Value Chain & Critical Path Analysis
- Pricing Analysis
- Technology Analysis
- Patent Analysis
- Trade Analysis
- Regulatory Framework Analysis
The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Space DC-DC Converter Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Space DC-DC Converter Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Recent Developments- Crane A&E Launches 120 W DC-DC Converters for Aerospace and Defense Applications
Crane Aerospace & Electronics, a Crane Company division, has unveiled the revolutionary Interpoint xMOR series, a sophisticated 120-watt range of DC-DC converters engineered to meet the diversified requirements of aerospace and defense industries. The Interpoint xMOR series offers enhanced capabilities for various missions and also fosters design uniformity across platforms with its family architecture, ensuring compatibility and reliability in a standard package.
VPT Announces Release of SVLFL5000 Series of Space-Qualified DC-DC Converters
VPT, Inc., a subsidiary of HEICO, announced the launch of its SVLFL5000 Series, a new line of space-qualified DC-DC converters. Engineered for exceptional performance in severe radiation conditions, these converters boast Total Ionizing Dose (TID) resilience up to 60 krad and are optimized for Enhanced Low Dose Rate Sensitivity (ELDRS), ensuring optimal function across a broad range of space environments including LEO, MEO, GEO orbits, deep space explorations, and launch ventures.
Micross Entered a Agreement To Purchase Infineon’s HiRel DC-DC Converter Business
Infineon Technologies AG has announced the divestiture of its HiRel DC-DC converter business to Micross Components, a move that aligns with Infineon's strategy to sharpen its focus on core semiconductor innovations within the high-reliability sector. This strategic agreement encompasses sale of Infineon’s specialized hybrid and board-based power solutions, marking a pivotal step for both entities.
The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Space DC-DC Converter Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.
Key Company Profiles
The report delves into recent significant developments in the Space DC-DC Converter Market, highlighting leading vendors and their innovative profiles. These include 3D Plus SA, Airbus SE, ASP-Equipment GmbH, Bel Fuse Inc., CISSOID, Crane Co., EPC Space LLC, General Electric Company, Infineon Technologies AG, Meggitt PLC, Microchip Technology Incorporated, Modular Devices, Inc. by O2, Murata Manufacturing Co., Ltd., ON Semiconductor Corporation, PULS GmbH, Raytheon Technologies Corporation, Sitael S.p.A., STMicroelectronics N.V., SynQor, Inc., TDK Corporation, Texas Instruments Incorporated, and Vicor Corporation.
Market Segmentation & Coverage
This research report categorizes the Space DC-DC Converter Market to forecast the revenues and analyze trends in each of the following sub-markets:- Type
- Isolated
- Non-Isolated
- Platform
- Capsules/Cargos
- Interplanetary Spacecraft & Probes
- Launch Vehicles
- Rovers/Spacecraft Landers
- Satellites
- Input Voltage
- 12-40V
- 40-75V
- <12V
- >75V
- Output Voltage
- 12V
- 15V
- 28V
- 3.3V
- 5V
- Form Factor
- Brick
- Chassis Mount
- Discrete
- Enclosed
- Output Power
- 10-29W
- 100-250W
- 250-500W
- 30-99W
- 500-1,000W
- <10W
- >1,000W
- Application
- Altitude & Orbital Control System
- Command & Data Handling System
- Electric Power Subsystem
- Environmental Monitoring Systems
- Power Conditioning Unit
- Satellite Thermal Power Box
- Surface Mobility & Navigation Systems
- Region
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
Please Note: PDF & Excel + Online Access - 1 Year
- Americas
- Market Drivers
Table of Contents
184 Pages
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Rising Deployments of Small Satellites
- 5.1.1.2. Increasing Fundings in Space Exploration Projects
- 5.1.1.3. Surging Number of Satellite Constellations
- 5.1.2. Restraints
- 5.1.2.1. Technical Concerns and Radiation Intolerance Related to DC-DC Converters
- 5.1.3. Opportunities
- 5.1.3.1. Miniaturization of Space DC-DC Converters
- 5.1.3.2. Innovations and Developments in DC-DC Converters for Space Applications
- 5.1.4. Challenges
- 5.1.4.1. Lack of Safety and Equipment Design Standards for Space Grade DC-DC Converter
- 5.2. Market Segmentation Analysis
- 5.2.1. Type: Deployment of isolated DC-DC converters for high safety and reliability
- 5.2.2. Application: Significance of space DC-DC converters in power conditioning units
- 5.3. Market Trend Analysis
- 5.4. Cumulative Impact of High Inflation
- 5.5. Porter’s Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
- 5.6. Value Chain & Critical Path Analysis
- 5.7. Regulatory Framework Analysis
- 6. Space DC-DC Converter Market, by Type
- 6.1. Introduction
- 6.2. Isolated
- 6.3. Non-Isolated
- 7. Space DC-DC Converter Market, by Platform
- 7.1. Introduction
- 7.2. Capsules/Cargos
- 7.3. Interplanetary Spacecraft & Probes
- 7.4. Launch Vehicles
- 7.5. Rovers/Spacecraft Landers
- 7.6. Satellites
- 8. Space DC-DC Converter Market, by Input Voltage
- 8.1. Introduction
- 8.2. 12-40V
- 8.3. 40-75V
- 8.4. <12V
- 8.5. >75V
- 9. Space DC-DC Converter Market, by Output Voltage
- 9.1. Introduction
- 9.2. 12V
- 9.3. 15V
- 9.4. 28V
- 9.5. 3.3V
- 9.6. 5V
- 10. Space DC-DC Converter Market, by Form Factor
- 10.1. Introduction
- 10.2. Brick
- 10.3. Chassis Mount
- 10.4. Discrete
- 10.5. Enclosed
- 11. Space DC-DC Converter Market, by Output Power
- 11.1. Introduction
- 11.2. 10-29W
- 11.3. 100-250W
- 11.4. 250-500W
- 11.5. 30-99W
- 11.6. 500-1,000W
- 11.7. <10W
- 11.8. >1,000W
- 12. Space DC-DC Converter Market, by Application
- 12.1. Introduction
- 12.2. Altitude & Orbital Control System
- 12.3. Command & Data Handling System
- 12.4. Electric Power Subsystem
- 12.5. Environmental Monitoring Systems
- 12.6. Power Conditioning Unit
- 12.7. Satellite Thermal Power Box
- 12.8. Surface Mobility & Navigation Systems
- 13. Americas Space DC-DC Converter Market
- 13.1. Introduction
- 13.2. Argentina
- 13.3. Brazil
- 13.4. Canada
- 13.5. Mexico
- 13.6. United States
- 14. Asia-Pacific Space DC-DC Converter Market
- 14.1. Introduction
- 14.2. Australia
- 14.3. China
- 14.4. India
- 14.5. Indonesia
- 14.6. Japan
- 14.7. Malaysia
- 14.8. Philippines
- 14.9. Singapore
- 14.10. South Korea
- 14.11. Taiwan
- 14.12. Thailand
- 14.13. Vietnam
- 15. Europe, Middle East & Africa Space DC-DC Converter Market
- 15.1. Introduction
- 15.2. Denmark
- 15.3. Egypt
- 15.4. Finland
- 15.5. France
- 15.6. Germany
- 15.7. Israel
- 15.8. Italy
- 15.9. Netherlands
- 15.10. Nigeria
- 15.11. Norway
- 15.12. Poland
- 15.13. Qatar
- 15.14. Russia
- 15.15. Saudi Arabia
- 15.16. South Africa
- 15.17. Spain
- 15.18. Sweden
- 15.19. Switzerland
- 15.20. Turkey
- 15.21. United Arab Emirates
- 15.22. United Kingdom
- 16. Competitive Landscape
- 16.1. Market Share Analysis, 2023
- 16.2. FPNV Positioning Matrix, 2023
- 16.3. Competitive Scenario Analysis
- 16.3.1. Crane A&E Launches 120 W DC-DC Converters for Aerospace and Defense Applications
- 16.3.2. VPT Announces Release of SVLFL5000 Series of Space-Qualified DC-DC Converters
- 16.3.3. Micross Entered a Agreement To Purchase Infineon’s HiRel DC-DC Converter Business
- 17. Competitive Portfolio
- 17.1. Key Company Profiles
- 17.2. Key Product Portfolio
Pricing
Currency Rates
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