Report Overview
Definition: Space DC-DC Converters are power conversion devices designed for space applications, enabling DC voltage level conversion.
Key Requirements: Built to withstand high radiation, extreme temperatures, and demanding reliability standards.
Applications: Essential for satellites, spacecraft, and space-related systems.
Market Analysis
Market Value & Growth: Valued at US$ 42 million in 2023, projected to reach US$ 95 million by 2030, with a CAGR of 12%.
Key Growth Drivers: Rising investments in satellite communications, Earth observation, and deep space exploration.
Market Trends: Miniaturization and power efficiency advancements driving demand in the aerospace sector.
