The Latin America, Middle East and Africa Space Electronics Market would witness market growth of 8.7% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Space Electronics Market by Country in 2023 and would continue to be a dominant market till 2031; thereby, achieving a market value of $120.4 million by 2031. The Argentina market is showcasing a CAGR of 9.3% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 8.3% during (2024 - 2031).
The development of autonomous vehicles, drones, and robotics depends on precise positioning and navigation capabilities provided by Global Navigation Satellite Systems (GNSS). Space electronics enable the integration of GNSS receivers and inertial navigation systems (INS) into autonomous systems, allowing them to navigate safely and efficiently in various environments. The maritime and aviation industries rely heavily on GNSS for navigation, route planning, collision avoidance, and search and rescue operations.
Additionally, Space electronics components such as GNSS receivers, antennas, and avionics systems are critical for ensuring the safety and efficiency of maritime and aviation operations. GNSS technology is widely used for surveying, mapping, and geospatial data collection applications. Space electronics components enable the integration of GNSS receivers into surveying equipment, mapping drones, and Geographic Information Systems (GIS), allowing for accurate and efficient data collection and analysis.
The United Arab Emirates significantly emphasizes artificial intelligence (AI), as the International Trade Administration data indicates. AI is projected to account for around 14% of the UAE economy’s total GDP ($96 billion) by 2030, expanding at a compound annual rate of 33.5% from 2018 to 2030. The UAE is actively pursuing space exploration and research initiatives, including the Emirates Mars Mission (Hope Probe) and plans for lunar exploration. Thus, due to these aspects, the space electronics market will expand across the LAMEA region in upcoming years.
Free Valuable Insights: The Worldwide Space Electronics Market is Projected to reach 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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
LAMEA 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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
TABLE 1 LAMEA Space Electronics Market, 2020 - 2023, USD Million
TABLE 2 LAMEA 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 LAMEA Space Electronics Market by Type, 2020 - 2023, USD Million
TABLE 7 LAMEA Space Electronics Market by Type, 2024 - 2031, USD Million
TABLE 8 LAMEA Radiation Hardened Market by Country, 2020 - 2023, USD Million
TABLE 9 LAMEA Radiation Hardened Market by Country, 2024 - 2031, USD Million
TABLE 10 LAMEA Radiation Tolerant Market by Country, 2020 - 2023, USD Million
TABLE 11 LAMEA Radiation Tolerant Market by Country, 2024 - 2031, USD Million
TABLE 12 LAMEA Space Electronics Market by Platform, 2020 - 2023, USD Million
TABLE 13 LAMEA Space Electronics Market by Platform, 2024 - 2031, USD Million
TABLE 14 LAMEA Satellite Market by Country, 2020 - 2023, USD Million
TABLE 15 LAMEA Satellite Market by Country, 2024 - 2031, USD Million
TABLE 16 LAMEA Launch Vehicles Market by Country, 2020 - 2023, USD Million
TABLE 17 LAMEA Launch Vehicles Market by Country, 2024 - 2031, USD Million
TABLE 18 LAMEA Deep Space Probes Market by Country, 2020 - 2023, USD Million
TABLE 19 LAMEA Deep Space Probes Market by Country, 2024 - 2031, USD Million
TABLE 20 LAMEA Space Electronics Market by Component, 2020 - 2023, USD Million
TABLE 21 LAMEA Space Electronics Market by Component, 2024 - 2031, USD Million
TABLE 22 LAMEA Microprocessors & Controllers Market by Country, 2020 - 2023, USD Million
TABLE 23 LAMEA Microprocessors & Controllers Market by Country, 2024 - 2031, USD Million
TABLE 24 LAMEA Discrete Semiconductors Market by Country, 2020 - 2023, USD Million
TABLE 25 LAMEA Discrete Semiconductors Market by Country, 2024 - 2031, USD Million
TABLE 26 LAMEA Power Source & Cables Market by Country, 2020 - 2023, USD Million
TABLE 27 LAMEA Power Source & Cables Market by Country, 2024 - 2031, USD Million
TABLE 28 LAMEA Sensors Market by Country, 2020 - 2023, USD Million
TABLE 29 LAMEA Sensors Market by Country, 2024 - 2031, USD Million
TABLE 30 LAMEA Application Specific Integrated Circuits (ASIC) Market by Country, 2020 - 2023, USD Million
TABLE 31 LAMEA Application Specific Integrated Circuits (ASIC) Market by Country, 2024 - 2031, USD Million
TABLE 32 LAMEA Memory Chips Market by Country, 2020 - 2023, USD Million
TABLE 33 LAMEA Memory Chips Market by Country, 2024 - 2031, USD Million
TABLE 34 LAMEA Others Market by Country, 2020 - 2023, USD Million
TABLE 35 LAMEA Others Market by Country, 2024 - 2031, USD Million
TABLE 36 LAMEA Space Electronics Market by Application, 2020 - 2023, USD Million
TABLE 37 LAMEA Space Electronics Market by Application, 2024 - 2031, USD Million
TABLE 38 LAMEA Communication Market by Country, 2020 - 2023, USD Million
TABLE 39 LAMEA Communication Market by Country, 2024 - 2031, USD Million
TABLE 40 LAMEA Navigation, Global Positioning System (GPS) & Surveillance Market by Country, 2020 - 2023, USD Million
TABLE 41 LAMEA Navigation, Global Positioning System (GPS) & Surveillance Market by Country, 2024 - 2031, USD Million
TABLE 42 LAMEA Earth Observation Market by Country, 2020 - 2023, USD Million
TABLE 43 LAMEA Earth Observation Market by Country, 2024 - 2031, USD Million
TABLE 44 LAMEA Technology Development & Education Market by Country, 2020 - 2023, USD Million
TABLE 45 LAMEA Technology Development & Education Market by Country, 2024 - 2031, USD Million
TABLE 46 LAMEA Others Market by Country, 2020 - 2023, USD Million
TABLE 47 LAMEA Others Market by Country, 2024 - 2031, USD Million
TABLE 48 LAMEA Space Electronics Market by Country, 2020 - 2023, USD Million
TABLE 49 LAMEA Space Electronics Market by Country, 2024 - 2031, USD Million
TABLE 50 Brazil Space Electronics Market, 2020 - 2023, USD Million
TABLE 51 Brazil Space Electronics Market, 2024 - 2031, USD Million
TABLE 52 Brazil Space Electronics Market by Type, 2020 - 2023, USD Million
TABLE 53 Brazil Space Electronics Market by Type, 2024 - 2031, USD Million
TABLE 54 Brazil Space Electronics Market by Platform, 2020 - 2023, USD Million
TABLE 55 Brazil Space Electronics Market by Platform, 2024 - 2031, USD Million
TABLE 56 Brazil Space Electronics Market by Component, 2020 - 2023, USD Million
TABLE 57 Brazil Space Electronics Market by Component, 2024 - 2031, USD Million
TABLE 58 Brazil Space Electronics Market by Application, 2020 - 2023, USD Million
TABLE 59 Brazil Space Electronics Market by Application, 2024 - 2031, USD Million
TABLE 60 Argentina Space Electronics Market, 2020 - 2023, USD Million
TABLE 61 Argentina Space Electronics Market, 2024 - 2031, USD Million
TABLE 62 Argentina Space Electronics Market by Type, 2020 - 2023, USD Million
TABLE 63 Argentina Space Electronics Market by Type, 2024 - 2031, USD Million
TABLE 64 Argentina Space Electronics Market by Platform, 2020 - 2023, USD Million
TABLE 65 Argentina Space Electronics Market by Platform, 2024 - 2031, USD Million
TABLE 66 Argentina Space Electronics Market by Component, 2020 - 2023, USD Million
TABLE 67 Argentina Space Electronics Market by Component, 2024 - 2031, USD Million
TABLE 68 Argentina Space Electronics Market by Application, 2020 - 2023, USD Million
TABLE 69 Argentina Space Electronics Market by Application, 2024 - 2031, USD Million
TABLE 70 UAE Space Electronics Market, 2020 - 2023, USD Million
TABLE 71 UAE Space Electronics Market, 2024 - 2031, USD Million
TABLE 72 UAE Space Electronics Market by Type, 2020 - 2023, USD Million
TABLE 73 UAE Space Electronics Market by Type, 2024 - 2031, USD Million
TABLE 74 UAE Space Electronics Market by Platform, 2020 - 2023, USD Million
TABLE 75 UAE Space Electronics Market by Platform, 2024 - 2031, USD Million
TABLE 76 UAE Space Electronics Market by Component, 2020 - 2023, USD Million
TABLE 77 UAE Space Electronics Market by Component, 2024 - 2031, USD Million
TABLE 78 UAE Space Electronics Market by Application, 2020 - 2023, USD Million
TABLE 79 UAE Space Electronics Market by Application, 2024 - 2031, USD Million
TABLE 80 Saudi Arabia Space Electronics Market, 2020 - 2023, USD Million
TABLE 81 Saudi Arabia Space Electronics Market, 2024 - 2031, USD Million
TABLE 82 Saudi Arabia Space Electronics Market by Type, 2020 - 2023, USD Million
TABLE 83 Saudi Arabia Space Electronics Market by Type, 2024 - 2031, USD Million
TABLE 84 Saudi Arabia Space Electronics Market by Platform, 2020 - 2023, USD Million
TABLE 85 Saudi Arabia Space Electronics Market by Platform, 2024 - 2031, USD Million
TABLE 86 Saudi Arabia Space Electronics Market by Component, 2020 - 2023, USD Million
TABLE 87 Saudi Arabia Space Electronics Market by Component, 2024 - 2031, USD Million
TABLE 88 Saudi Arabia Space Electronics Market by Application, 2020 - 2023, USD Million
TABLE 89 Saudi Arabia Space Electronics Market by Application, 2024 - 2031, USD Million
TABLE 90 South Africa Space Electronics Market, 2020 - 2023, USD Million
TABLE 91 South Africa Space Electronics Market, 2024 - 2031, USD Million
TABLE 92 South Africa Space Electronics Market by Type, 2020 - 2023, USD Million
TABLE 93 South Africa Space Electronics Market by Type, 2024 - 2031, USD Million
TABLE 94 South Africa Space Electronics Market by Platform, 2020 - 2023, USD Million
TABLE 95 South Africa Space Electronics Market by Platform, 2024 - 2031, USD Million
TABLE 96 South Africa Space Electronics Market by Component, 2020 - 2023, USD Million
TABLE 97 South Africa Space Electronics Market by Component, 2024 - 2031, USD Million
TABLE 98 South Africa Space Electronics Market by Application, 2020 - 2023, USD Million
TABLE 99 South Africa Space Electronics Market by Application, 2024 - 2031, USD Million
TABLE 100 Nigeria Space Electronics Market, 2020 - 2023, USD Million
TABLE 101 Nigeria Space Electronics Market, 2024 - 2031, USD Million
TABLE 102 Nigeria Space Electronics Market by Type, 2020 - 2023, USD Million
TABLE 103 Nigeria Space Electronics Market by Type, 2024 - 2031, USD Million
TABLE 104 Nigeria Space Electronics Market by Platform, 2020 - 2023, USD Million
TABLE 105 Nigeria Space Electronics Market by Platform, 2024 - 2031, USD Million
TABLE 106 Nigeria Space Electronics Market by Component, 2020 - 2023, USD Million
TABLE 107 Nigeria Space Electronics Market by Component, 2024 - 2031, USD Million
TABLE 108 Nigeria Space Electronics Market by Application, 2020 - 2023, USD Million
TABLE 109 Nigeria Space Electronics Market by Application, 2024 - 2031, USD Million
TABLE 110 Rest of LAMEA Space Electronics Market, 2020 - 2023, USD Million
TABLE 111 Rest of LAMEA Space Electronics Market, 2024 - 2031, USD Million
TABLE 112 Rest of LAMEA Space Electronics Market by Type, 2020 - 2023, USD Million
TABLE 113 Rest of LAMEA Space Electronics Market by Type, 2024 - 2031, USD Million
TABLE 114 Rest of LAMEA Space Electronics Market by Platform, 2020 - 2023, USD Million
TABLE 115 Rest of LAMEA Space Electronics Market by Platform, 2024 - 2031, USD Million
TABLE 116 Rest of LAMEA Space Electronics Market by Component, 2020 - 2023, USD Million
TABLE 117 Rest of LAMEA Space Electronics Market by Component, 2024 - 2031, USD Million
TABLE 118 Rest of LAMEA Space Electronics Market by Application, 2020 - 2023, USD Million
TABLE 119 Rest of LAMEA 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 LAMEA 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 LAMEA Space Electronics Market share by Type, 2023
FIG 10 LAMEA Space Electronics Market share by Type, 2031
FIG 11 LAMEA Space Electronics Market by Type, 2020 - 2031, USD Million
FIG 12 LAMEA Space Electronics Market share by Platform, 2023
FIG 13 LAMEA Space Electronics Market share by Platform, 2031
FIG 14 LAMEA Space Electronics Market by Platform, 2020 - 2031, USD Million
FIG 15 LAMEA Space Electronics Market share by Component, 2023
FIG 16 LAMEA Space Electronics Market share by Component, 2031
FIG 17 LAMEA Space Electronics Market by Component, 2020 - 2031, USD Million
FIG 18 LAMEA Space Electronics Market share by Application, 2023
FIG 19 LAMEA Space Electronics Market share by Application, 2031
FIG 20 LAMEA Space Electronics Market by Application, 2020 - 2031, USD Million
FIG 21 LAMEA Space Electronics Market share by Country, 2023
FIG 22 LAMEA Space Electronics Market share by Country, 2031
FIG 23 LAMEA 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