Space DC-DC Converter Market by Application, Type, Form Factor, Input Voltage, Output Voltage, Output Power, Platform, Type and Region

“Increasing number of satellite constellation to drive the market.”

The global space DC-DC converter market size is projected to grow from USD 35 million in 2021 to USD 52 million by 2026, at a CAGR of 8.3% from 2021 to 2026. The market is driven by various factors, such as increasing satellite constellation, the emergence of digital power management and control, and increased demand for high-performance and cost-effective systems.

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The space DC-DC converter market will majorly be driven by the increasing satellite constellation in the forecasted year. In 2016, the world’s biggest satellite constellation program was announced. This program, known as “OneWeb Satellite Constellations”, is aimed at making the internet accessible to everyone in the world. Under this program, around 648 satellites and spares, for a total of about 900 satellites, were launched in 2019. Airbus Defence and Space (Netherlands) has been selected by OneWeb Ltd. (UK) as its industrial partner for the design and manufacturing of its fleet of satellites. The first 10 satellites will be manufactured at Airbus’s France facility, while the remaining 890 satellites are expected to be built at the US facility. This program is expected to act as one of the most important driving factors in the space DC-DC converters market. The increasing adoption of small satellites by countries, such as the US, is also expected to drive the growth of the market. The small satellite market in the US is expected to reach USD 5,125 million by 2026. This provides a growth opportunity for the space DC-DC converters market, as the increasing usage of small satellites will increase the demand for space DC-DC converters. Modular Devices Inc. provides DC-DC converters, such as Series 3699 and Series 3845, for small satellites.

The space DC-DC converter market includes major players STMicroelectronics (Switzerland), Texas Instruments Incorporated (US), Crane Co. (US), Infineon Technologies AG (Germany), and Vicor Corporation (US). These players have spread their business across various countries includes North America, Europe, Asia Pacific, and Rest of the World. COVID-19 has impacted their businesses as well. Industry experts believe that COVID-19 has affected space DC-DC converter production and services globally in 2020.

“Isolated DC-DC Converters: The largest segment of the Space DC-DC Converter market, by Type. “

The isolated type DC-DC converter are projected to grow at the highest CAGR rate for the space DC-DC converter market during the forecast period. In space applications, isolated DC-DC converters are used in many systems, such as electric power subsystems (EPS) and power distribution units (PDUs). Vicor Corporation (US), Crane Aerospace & Electronics (US), and Infineon Technologies (Germany) are the leading manufacturers of isolated DC-DC converters.

“Enclosed: The fastest-growing segment of the space DC-DC converter market, by Form Factor. “

Based on the form factor, the enclosed DC-DC converter is projected to grow at the highest CAGR for the space DC-DC converter market during the forecast period. Enclosed converters are designed to operate at higher temperatures. DC-DC converters with enclosed form factors can provide up to the 10:1 input range. Rad-Hard POL converter from STMicroelectronics (Switzerland) is an enclosed DC-DC converter used in the attitude and orbit control subsystem (AOCS).

“< 12v: The fastest-growing segment of the space DC-DC converter market, by Input Voltage. “

Based on the input voltage, the

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This release was published on openPR.