The Europe Space Electronics Market would witness market growth of 5.6% CAGR during the forecast period (2024-2031).
The Russia market dominated the Europe Space Electronics Market by Country in 2023 and would continue to be a dominant market till 2031; thereby, achieving a market value of $561.8 million by 2031. The UK market is exhibiting a CAGR of 4.1% during (2024 - 2031). Additionally, The France market would experience a CAGR of 6.5% during (2024 - 2031).
Electronics play a vital role in space exploration missions, including robotic probes, landers, rovers, and human spacecraft. These missions require advanced electronic systems for navigation, communication, propulsion, power management, and scientific instrumentation. Space-based electronic systems are essential for military applications such as reconnaissance, surveillance, intelligence gathering, missile detection, and secure communication. These systems provide critical capabilities for national defense and security.
Moreover, the space electronics market supports various commercial services such as satellite imagery, remote sensing, satellite-based internet services, satellite television, and space tourism. These services rely on electronic components for spacecraft operation, data processing, and communication. In-space manufacturing, assembly, and infrastructure development projects utilize space electronics for robotics, automation, life support systems, habitat control, and power management.
The UK Space Agency reports that the country’s space sector has grown by 5.1%, faster than the global space industry’s growth of 1.6%. The UK is expanding its satellite communication and navigation capabilities to support various applications, including telecommunications, broadcasting, navigation, and global positioning. Thus, all these factors will uplift the regional market’s expansion in the coming years.
Free Valuable Insights: The Global Space Electronics Market will Hit USD 5.8 Billion by 2031, at a CAGR of 6%
Based on Type, the market is segmented into Radiation Hardened, and Radiation Tolerant. Based on Platform, the market is segmented into Satellite, Launch Vehicles, and Deep Space Probes. Based on Component, the market is segmented into Microprocessors & Controllers, Discrete Semiconductors, Power Source & Cables, Sensors, Application Specific Integrated Circuits (ASIC), Memory Chips, and Others. Based on Application, the market is segmented into Communication, Navigation, Global Positioning System (GPS) & Surveillance, Earth Observation, Technology Development & Education, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- STMicroelectronics N.V.
- Texas Instruments, Inc.
- Honeywell International, Inc.
- Eaton Corporation PLC
- Teledyne Technologies, Inc.
- BAE Systems PLC
- Advanced Micro Devices, Inc.
- Microchip Technology Incorporated
- TT Electronics PLC
- Renesas Electronics Corporation
Europe Space Electronics Market Report Segmentation
By Type
- Radiation Hardened
- Radiation Tolerant
By Platform
- Satellite
- Launch Vehicles
- Deep Space Probes
By Component
- Microprocessors & Controllers
- Discrete Semiconductors
- Power Source & Cables
- Sensors
- Application Specific Integrated Circuits (ASIC)
- Memory Chips
- Others
By Application
- Communication
- Navigation, Global Positioning System (GPS) & Surveillance
- Earth Observation
- Technology Development & Education
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
TABLE 1 Europe Space Electronics Market, 2020 - 2023, USD Million
TABLE 2 Europe Space Electronics Market, 2024 - 2031, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Space Electronics Market
TABLE 4 Product Launches And Product Expansions– Space Electronics Market
TABLE 5 Acquisition and Mergers– Space Electronics Market
TABLE 6 Europe Space Electronics Market by Type, 2020 - 2023, USD Million
TABLE 7 Europe Space Electronics Market by Type, 2024 - 2031, USD Million
TABLE 8 Europe Radiation Hardened Market by Country, 2020 - 2023, USD Million
TABLE 9 Europe Radiation Hardened Market by Country, 2024 - 2031, USD Million
TABLE 10 Europe Radiation Tolerant Market by Country, 2020 - 2023, USD Million
TABLE 11 Europe Radiation Tolerant Market by Country, 2024 - 2031, USD Million
TABLE 12 Europe Space Electronics Market by Platform, 2020 - 2023, USD Million
TABLE 13 Europe Space Electronics Market by Platform, 2024 - 2031, USD Million
TABLE 14 Europe Satellite Market by Country, 2020 - 2023, USD Million
TABLE 15 Europe Satellite Market by Country, 2024 - 2031, USD Million
TABLE 16 Europe Launch Vehicles Market by Country, 2020 - 2023, USD Million
TABLE 17 Europe Launch Vehicles Market by Country, 2024 - 2031, USD Million
TABLE 18 Europe Deep Space Probes Market by Country, 2020 - 2023, USD Million
TABLE 19 Europe Deep Space Probes Market by Country, 2024 - 2031, USD Million
TABLE 20 Europe Space Electronics Market by Component, 2020 - 2023, USD Million
TABLE 21 Europe Space Electronics Market by Component, 2024 - 2031, USD Million
TABLE 22 Europe Microprocessors & Controllers Market by Country, 2020 - 2023, USD Million
TABLE 23 Europe Microprocessors & Controllers Market by Country, 2024 - 2031, USD Million
TABLE 24 Europe Discrete Semiconductors Market by Country, 2020 - 2023, USD Million
TABLE 25 Europe Discrete Semiconductors Market by Country, 2024 - 2031, USD Million
TABLE 26 Europe Power Source & Cables Market by Country, 2020 - 2023, USD Million
TABLE 27 Europe Power Source & Cables Market by Country, 2024 - 2031, USD Million
TABLE 28 Europe Sensors Market by Country, 2020 - 2023, USD Million
TABLE 29 Europe Sensors Market by Country, 2024 - 2031, USD Million
TABLE 30 Europe Application Specific Integrated Circuits (ASIC) Market by Country, 2020 - 2023, USD Million
TABLE 31 Europe Application Specific Integrated Circuits (ASIC) Market by Country, 2024 - 2031, USD Million
TABLE 32 Europe Memory Chips Market by Country, 2020 - 2023, USD Million
TABLE 33 Europe Memory Chips Market by Country, 2024 - 2031, USD Million
TABLE 34 Europe Others Market by Country, 2020 - 2023, USD Million
TABLE 35 Europe Others Market by Country, 2024 - 2031, USD Million
TABLE 36 Europe Space Electronics Market by Application, 2020 - 2023, USD Million
TABLE 37 Europe Space Electronics Market by Application, 2024 - 2031, USD Million
TABLE 38 Europe Communication Market by Country, 2020 - 2023, USD Million
TABLE 39 Europe Communication Market by Country, 2024 - 2031, USD Million
TABLE 40 Europe Navigation, Global Positioning System (GPS) & Surveillance Market by Country, 2020 - 2023, USD Million
TABLE 41 Europe Navigation, Global Positioning System (GPS) & Surveillance Market by Country, 2024 - 2031, USD Million
TABLE 42 Europe Earth Observation Market by Country, 2020 - 2023, USD Million
TABLE 43 Europe Earth Observation Market by Country, 2024 - 2031, USD Million
TABLE 44 Europe Technology Development & Education Market by Country, 2020 - 2023, USD Million
TABLE 45 Europe Technology Development & Education Market by Country, 2024 - 2031, USD Million
TABLE 46 Europe Others Market by Country, 2020 - 2023, USD Million
TABLE 47 Europe Others Market by Country, 2024 - 2031, USD Million
TABLE 48 Europe Space Electronics Market by Country, 2020 - 2023, USD Million
TABLE 49 Europe Space Electronics Market by Country, 2024 - 2031, USD Million
TABLE 50 Russia Space Electronics Market, 2020 - 2023, USD Million
TABLE 51 Russia Space Electronics Market, 2024 - 2031, USD Million
TABLE 52 Russia Space Electronics Market by Type, 2020 - 2023, USD Million
TABLE 53 Russia Space Electronics Market by Type, 2024 - 2031, USD Million
TABLE 54 Russia Space Electronics Market by Platform, 2020 - 2023, USD Million
TABLE 55 Russia Space Electronics Market by Platform, 2024 - 2031, USD Million
TABLE 56 Russia Space Electronics Market by Component, 2020 - 2023, USD Million
TABLE 57 Russia Space Electronics Market by Component, 2024 - 2031, USD Million
TABLE 58 Russia Space Electronics Market by Application, 2020 - 2023, USD Million
TABLE 59 Russia Space Electronics Market by Application, 2024 - 2031, USD Million
TABLE 60 UK Space Electronics Market, 2020 - 2023, USD Million
TABLE 61 UK Space Electronics Market, 2024 - 2031, USD Million
TABLE 62 UK Space Electronics Market by Type, 2020 - 2023, USD Million
TABLE 63 UK Space Electronics Market by Type, 2024 - 2031, USD Million
TABLE 64 UK Space Electronics Market by Platform, 2020 - 2023, USD Million
TABLE 65 UK Space Electronics Market by Platform, 2024 - 2031, USD Million
TABLE 66 UK Space Electronics Market by Component, 2020 - 2023, USD Million
TABLE 67 UK Space Electronics Market by Component, 2024 - 2031, USD Million
TABLE 68 UK Space Electronics Market by Application, 2020 - 2023, USD Million
TABLE 69 UK Space Electronics Market by Application, 2024 - 2031, USD Million
TABLE 70 France Space Electronics Market, 2020 - 2023, USD Million
TABLE 71 France Space Electronics Market, 2024 - 2031, USD Million
TABLE 72 France Space Electronics Market by Type, 2020 - 2023, USD Million
TABLE 73 France Space Electronics Market by Type, 2024 - 2031, USD Million
TABLE 74 France Space Electronics Market by Platform, 2020 - 2023, USD Million
TABLE 75 France Space Electronics Market by Platform, 2024 - 2031, USD Million
TABLE 76 France Space Electronics Market by Component, 2020 - 2023, USD Million
TABLE 77 France Space Electronics Market by Component, 2024 - 2031, USD Million
TABLE 78 France Space Electronics Market by Application, 2020 - 2023, USD Million
TABLE 79 France Space Electronics Market by Application, 2024 - 2031, USD Million
TABLE 80 Germany Space Electronics Market, 2020 - 2023, USD Million
TABLE 81 Germany Space Electronics Market, 2024 - 2031, USD Million
TABLE 82 Germany Space Electronics Market by Type, 2020 - 2023, USD Million
TABLE 83 Germany Space Electronics Market by Type, 2024 - 2031, USD Million
TABLE 84 Germany Space Electronics Market by Platform, 2020 - 2023, USD Million
TABLE 85 Germany Space Electronics Market by Platform, 2024 - 2031, USD Million
TABLE 86 Germany Space Electronics Market by Component, 2020 - 2023, USD Million
TABLE 87 Germany Space Electronics Market by Component, 2024 - 2031, USD Million
TABLE 88 Germany Space Electronics Market by Application, 2020 - 2023, USD Million
TABLE 89 Germany Space Electronics Market by Application, 2024 - 2031, USD Million
TABLE 90 Spain Space Electronics Market, 2020 - 2023, USD Million
TABLE 91 Spain Space Electronics Market, 2024 - 2031, USD Million
TABLE 92 Spain Space Electronics Market by Type, 2020 - 2023, USD Million
TABLE 93 Spain Space Electronics Market by Type, 2024 - 2031, USD Million
TABLE 94 Spain Space Electronics Market by Platform, 2020 - 2023, USD Million
TABLE 95 Spain Space Electronics Market by Platform, 2024 - 2031, USD Million
TABLE 96 Spain Space Electronics Market by Component, 2020 - 2023, USD Million
TABLE 97 Spain Space Electronics Market by Component, 2024 - 2031, USD Million
TABLE 98 Spain Space Electronics Market by Application, 2020 - 2023, USD Million
TABLE 99 Spain Space Electronics Market by Application, 2024 - 2031, USD Million
TABLE 100 Italy Space Electronics Market, 2020 - 2023, USD Million
TABLE 101 Italy Space Electronics Market, 2024 - 2031, USD Million
TABLE 102 Italy Space Electronics Market by Type, 2020 - 2023, USD Million
TABLE 103 Italy Space Electronics Market by Type, 2024 - 2031, USD Million
TABLE 104 Italy Space Electronics Market by Platform, 2020 - 2023, USD Million
TABLE 105 Italy Space Electronics Market by Platform, 2024 - 2031, USD Million
TABLE 106 Italy Space Electronics Market by Component, 2020 - 2023, USD Million
TABLE 107 Italy Space Electronics Market by Component, 2024 - 2031, USD Million
TABLE 108 Italy Space Electronics Market by Application, 2020 - 2023, USD Million
TABLE 109 Italy Space Electronics Market by Application, 2024 - 2031, USD Million
TABLE 110 Rest of Europe Space Electronics Market, 2020 - 2023, USD Million
TABLE 111 Rest of Europe Space Electronics Market, 2024 - 2031, USD Million
TABLE 112 Rest of Europe Space Electronics Market by Type, 2020 - 2023, USD Million
TABLE 113 Rest of Europe Space Electronics Market by Type, 2024 - 2031, USD Million
TABLE 114 Rest of Europe Space Electronics Market by Platform, 2020 - 2023, USD Million
TABLE 115 Rest of Europe Space Electronics Market by Platform, 2024 - 2031, USD Million
TABLE 116 Rest of Europe Space Electronics Market by Component, 2020 - 2023, USD Million
TABLE 117 Rest of Europe Space Electronics Market by Component, 2024 - 2031, USD Million
TABLE 118 Rest of Europe Space Electronics Market by Application, 2020 - 2023, USD Million
TABLE 119 Rest of Europe Space Electronics Market by Application, 2024 - 2031, USD Million
TABLE 120 Key Information – STMicroelectronics N.V.
TABLE 121 Key Inforation – Texas Instruments, Inc.
TABLE 122 Key Information – Honeywell International, Inc.
TABLE 123 Key Information – Eaton Corporation PLC
TABLE 124 Key Information – Teledyne Technologies, Inc.
TABLE 125 Key Information – BAE Systems PLC
TABLE 126 Key information – Advanced Micro Devices, Inc.
TABLE 127 Key Information – Microchip Technology Incorporated
TABLE 128 Key Infomation – TT Electronics PLC
TABLE 129 Key Information – Renesas Electronics Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Space Electronics Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Space Electronics Market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2023
FIG 6 Key Leading Strategies: Percentage Distribution (2020-2024)
FIG 7 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2021, Aug – 2023, Sep) Leading Players
FIG 8 Porter’s Five Forces Analysis – Space Electronics Market
FIG 9 Europe Space Electronics Market share by Type, 2023
FIG 10 Europe Space Electronics Market share by Type, 2031
FIG 11 Europe Space Electronics Market by Type, 2020 - 2031, USD Million
FIG 12 Europe Space Electronics Market share by Platform, 2023
FIG 13 Europe Space Electronics Market share by Platform, 2031
FIG 14 Europe Space Electronics Market by Platform, 2020 - 2031, USD Million
FIG 15 Europe Space Electronics Market share by Component, 2023
FIG 16 Europe Space Electronics Market share by Component, 2031
FIG 17 Europe Space Electronics Market by Component, 2020 - 2031, USD Million
FIG 18 Europe Space Electronics Market share by Application, 2023
FIG 19 Europe Space Electronics Market share by Application, 2031
FIG 20 Europe Space Electronics Market by Application, 2020 - 2031, USD Million
FIG 21 Europe Space Electronics Market share by Country, 2023
FIG 22 Europe Space Electronics Market share by Country, 2031
FIG 23 Europe Space Electronics Market by Country, 2020 - 2031, USD Million
FIG 24 Recent strategies and developments: STMicroelectronics N.V.
FIG 25 SWOT Analysis: STMicroelectronics N.V.
FIG 26 SWOT Analysis: Texas Instruments, Inc.
FIG 27 Recent strategies and developments: Honeywell International, Inc.
FIG 28 Swot analysis: Honeywell international, inc.
FIG 29 SWOT Analysis: Eaton Corporation PLC
FIG 30 SWOT Analysis: Teledyne Technologies, Inc.
FIG 31 Recent strategies and developments: BAE Systems PLC
FIG 32 SWOT Analysis: BAE SYSTEMS PLC
FIG 33 SWOT Analysis: Advanced Micro Devices, Inc.
FIG 34 SWOT Analysis: Microchip Technology Incorporated
FIG 35 SWOT Analysis: TT electronics PLC
FIG 36 SWOT Analysis: Renesas Electronics Corporation