Factors influencing the growth of this market include rise in the number of satellite constellations in the world by different countries, emergence of new power architecture and emergence of digital power management and control. The space power industry is becoming highly dependent on the number of satellite launches, and number of space programs carried out by different space organizations.
- Advertising -
The report "DC-DC Converter Market for Space by Application (Surveillance, Communication, Navigation, Scientific Research, Remote Sensing), Output Voltage (<3.3, 5, 12, 15 VDC), Output Power (<20, 20-40, 40-100, >100 W), and Geography - Global Forecast to 2020", The DC-DC converters market for space is projected to grow from USD 213.2 Million in 2015 to USD 268.2 Million by 2020, at a CAGR of 4.70% by 2020.
Browse 71 market data Tables and 59 Figures spread through 147 Pages and in-depth TOC on "DC-DC Converter Market for Space - Global Forecast to 2020"
This growth is mainly attributed to the rise in the number of satellite constellation worldwide, emergence of new power architecture and digital power management and control.The demand for cost effective and high performance power system is also one of the major factors driving the growth of DC-DC converters market for space.
Download PDF Brochure @ www.marketsandmarkets.com/pdfdownload.asp?id=159918662
The rise in the paid TV market and need for communication satellites across the globe have propelled the demand for efficient space DC-DC power modules.
- Advertising -
This segment is projected to dominate the market during the forecast period.
Among the output voltage segment, the 3.3 VDC is projected to grow at a comparatively higher CAGR during the forecast period. This growth is due to innovation in the field of digital power management and control introduced by market players to support the power systems of newly launched satellites and spacecraft.
The Asia-Pacific region is projected to grow at a higher CAGR in the DC-DC converters market for space due to the emergence of rising paid TV market. The paid TV market is growing at a faster rate in the Asia-Pacific region due to growing demand for paid TV channels.
This growth will increase the number of satellite launches in the region, which will drive the DC-DC converters market for space as power devices are essential equipment to keep the satellite operational in the space.
The key players operating in the DC-DC converters market for space are Crane Aerospace and Electronics (U.S.), Infineon Technologies Inc. (Germany), Microsemi Corporation (U.S.), Vicor Corporation (U.S.), Synqor Inc. (U.S.), and Modular Devices Inc. (U.S.).
The report segments and analyzes the DC-DC converters market for space on the basis of application (remote sensing, surveillance, communication, navigation and scientific research), output power (<20w, 20-40W, 40-100W and >100W) and output voltage (3.3 VDC, 5 VDC, 12 VDC, 15 VDC and others) and maps these segments and subsegments across four major regions, namely, North America, Europe, Asia-Pacific, RoW (Rest Of World).
Category: Market Research Publishers and RetailersCompany about: MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth ...
For more information: