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Electronic circuits play a significant role in building efficient and reliable space systems.



Whether it is a communication satellite, navigation satellite, carrier rocket, lander, rover, or space shuttle, all require reliable space-grade electronics for functioning. 📡



The space economy is booming and is expected to be valued at US$ 1 trillion by 2040, which will also propel the demand for space electronics. 🚀



Increasing production of satellites, especially small satellites, growing involvement of numerous countries in the space community, and increased demand for reducing the cost of electronic components are some of the factors driving the growth of space electronics.🛰️



By 2024, the space electronics market is set to reach US$ 1.6 billion. 📈



Interested in exploring more about the future of space electronics? Click here: https://www.stratviewresearch.com/309...



Key Players:

BAE Systems | Cobham | Honeywell | Microsemi Corporation | Texas Instruments





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