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Unmanned - Power Electronics

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Space power electronics market to grow to $435 million by 2026, study predicts

May 03, 2022

DUBLIN. The global market for power electronics used in space applications is projected to grow from $205 million in 2021 to $435 million by 2026, at a combined annual growth rate (CAGR) of 16.2%, according to a study from Research and Markets, "Global Space Power Electronics Market by Device Type (Power Discrete, Power Module, Power IC), Application (Satellites, Spacecraft & Launch Vehicles, Space Stations, Rovers), Platform, Voltage, Current, Material and Region -- Forecast to 2026."