Space Power Electronics Market by Device Type, Application, Platform,
Voltage, Current, Material and Region - Global Forecast to 2026
Bharat Book Bureau Provides the Trending Market Research Report on “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 - Global Forecast to 2026”under Defence Market Research
Report Category. The report offers a collection of superior Market research, Market
analysis, competitive intelligence and Market reports.
The Space Power Electronics Market is projected to grow from USD 205 million in 2021 to
USD 435 million by 2026, at a CAGR of 16.2%. Space power electronics is the application of
electronics on satellites, spacecraft, launch vehicles, space stations and rovers to control
and convert electric power from one form to other. It deals with the processing of high
voltages and currents to deliver power that supports a variety of needs.
According to the National Aeronautics and Space Administration, a power electronic system
can comprise a modular power electronic subsystem (PESS) connected to a source and load
at its input and output power ports, respectively. Semiconductor devices such as metal-
oxide semiconductor field effect transistors (MOSFET), insulated gate bipolar transistors
(IGBT), mos-controlled thyristor (MCT), and gate-turn-off thyristors (GTO) represent the
cornerstone of modem power electronic converters.
Major manufacturers in this market are based in North America and Europe. Infineon
Technologies (Germany), Texas Instrument Incorporated US), STMicroelectronics
(Switzerland), Onsemi (US), Renesas Electronics Corporation (Japan) are among a few
leading players operating in the space power electronics market.
The COVID-19 pandemic has caused significant damage to the economic activities of
countries across the world. The manufacturing of space power electronics, subsystems, and