Space Electronics Market Size, Share, Growth Analysis, By Device Type(Power Discrete (Diodes, Transistors), Power Module (Intelligent power module, Standard and integrated power module)), By Application(Satellites, Spacecraft & Launch Vehicle, Rovers, Space stations), By Platform Type(Power, Command and data handling, ADCS, Propulsion), By Voltage(Low Voltage, Medium Voltage, High Voltage), By Current(Upto 25A, 25-50A, and Over 50A), By Material(Silicon, Silicon Carbide, Gallium Nitride, Others), By Region - Industry Forecast 2024-2031

In 2024, Through the Artemis program, NASA plans to land the first woman and the next man on the Moon by 2024. Utilizing cutting-edge technologies, this mission aims to explore more of the lunar surface than any previous mission. 

In 2024, Dragonfly, a drone-like rotorcraft, is set to explore the prebiotic chemistry and habitability of various locations on Saturn’s moon, Titan. This mission will investigate numerous promising sites on Titan, an ocean world in our solar system, to further our search for the building blocks of life in the universe. 

In 2024, Elon Musk’s company SpaceX successfully launched its Falcon 9 rocket, transporting four astronauts to the International Space Station. There are high expectations that the Falcon 9 will now undertake regular missions to the ISS. 

In March 2023, Analog Devices announced the launch of its new SpaceWire®-compatible serializer/deserializer (SerDes) device. The device is designed to meet the needs of high-performance space applications, such as deep-space exploration and Earth observation. 

In February 2023, Infineon Technologies announced the expansion of its space-qualified semiconductor portfolio. The expansion includes new radiation-hardened microcontrollers and power management devices. 

In January 2023, Maxim Integrated Products announced the launch of its new space-qualified analog-to-digital converter (ADC). The ADC is designed for use in a variety of space applications, including satellite communications, Earth observation, and deep-space exploration. 

In December 2022, Microchip Technology announced the acquisition of Atmel Corporation. Atmel is a leading provider of space-qualified microcontrollers and radio frequency (RF) devices. 

In November 2022, Texas Instruments announced the launch of its new space-qualified power amplifier. The amplifier is designed for use in a variety of space applications, including satellite communications, Earth observation, and deep-space exploration.