The global space electronics market size reached approximately USD 3.62 Billion in 2025. The market is further projected to grow at a CAGR of 5.20% between 2026 and 2035, reaching a value of USD 6.01 Billion by 2035.
Base Year
Historical Period
Forecast Period
Compound Annual Growth Rate
5.2%
Value in USD Billion
2026-2035
*this image is indicative*
Space electronics, also termed as astrionics, refers to the science and technology involved in the development and application of electric components, systems, and subsystems utilised in space. They are specially designed for use in satellites, exploration, and spacecraft, among other space related applications.
“Space Electronics Market Report and Forecast 2026-2035” offers a detailed analysis of the market based on the following segments:
Breakup by Type
Breakup by Component
Breakup by Platform
Breakup by Application
Market Breakup by Region
According to the global space electronics market analysis, radiation tolerant electronics is anticipated to observe a rapid demand in the forecast period due to their ability to resist higher radiation levels in harsh environments, including space. They have been successfully tested, ensuring the preparedness of devices. They are capable of reducing the launch time which may result in reduced launch cost. Moreover, their high-speed signal processing, high reliability, and compact packaging for command-and-control applications, along with the growing focus on smaller-sized satellites and reducing satellite launch costs, is favouring the growth of the radiation tolerant electronics segment.
The North American region accounts for a significant space electronics market share owing to the rising investments by the US government in advanced space electronics in order to enhance the quality and effectiveness of deep space exploration and satellite communications. Additionally, the modernisation of existing communications in law enforcement agencies, critical infrastructure, and military platforms are key factors that are further fuelling the space electronics market demand in North America.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global space electronics market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
BAE Systems plc was founded in 1999 and is headquartered in Farnborough, United Kingdom. It is an aerospace company that provides advanced, technology-led defence, security, and aerospace solutions.
Cobham Limited is an aerospace company that was founded in 1934. It is headquartered in Wimborne Minster, United Kingdom and is known for manufacturing products including aviation oxygen systems, rescue and navigation lights, refuelling equipment, and weapon system containers.
Honeywell International Inc. was established in 1964 and has its headquarters located in North Carolina, United States. The electronics manufacturing company is involved in the development of appliances and technologies with an aim to provide safety, security, and energy to the consumers.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other market players include Microchip Technology Inc., STMicroelectronics N.V, Teledyne Technologies Incorporated, Space Electronics, TT Electronics PLC, and Advanced Micro Devices, Inc, among others.
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The market reached a value of approximately USD 3.62 Billion in 2025.
The market is projected to grow at a CAGR of 5.20% between 2026 and 2035.
The market is estimated to witness a healthy growth in the forecast period of 2026-2035 to reach about USD 6.01 Billion by 2035.
The key drivers of the market are technological advancements and modernisation of existing communication satellites.
The key trends of the market include miniaturisation and weight reduction in space electronics, increasing investments in space ventures, and rising demand from governments and civil military domains.
The types of space electronics include radiation hardened and radiation tolerant.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The key players considered in the space electronics market report are BAE Systems plc, Cobham Limited, Honeywell International Inc., Microchip Technology Inc., STMicroelectronics N.V, Teledyne Technologies Incorporated, Space Electronics, TT Electronics PLC, and Advanced Micro Devices, Inc, among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Component |
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| Breakup by Platform |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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