India Space Power Electronics Market (2025-2031) Outlook | Value, Trends, Companies, Analysis, Size, Share, Growth, Revenue, Forecast, Industry

Market Forecast By Device Type (Power Discrete, Power Module, Power IC), By Application (Satellites, Spacecraft & Launch Vehicles, Space Stations, Rovers), By Platform type (Power, Command and data handling, ADCS, Propulsion, TT&C, Structure, Thermal system), By Voltage (Low Voltage, Medium Voltage, High Voltage), By Current (Upto 25A, 25-50A, Over 50A) And Competitive Landscape
Product Code: ETC4563445 Publication Date: Jul 2023 Product Type: Report
Publisher: 6Wresearch No. of Pages: 85 No. of Figures: 45 No. of Tables: 25

India Space Power Electronics Market Import Shipment Trend (2020-2024)

The India space power electronics market import shipments exhibited a robust growth trend with a CAGR of 15.6% from 2020 to 2024. However, the growth rate slightly moderated to 10.5% between 2023 and 2024. Overall, the market expanded steadily, showing strong momentum and consistent growth during the period.

Graph Showing India space power electronics market Shipment Trend & Volume from 2020-2024

India Space Power Electronics Market Overview

The India space power electronics market has gained prominence with the country`s space agency, ISRO, launching a series of satellites for communication, Earth observation, and scientific missions. Power electronics play a vital role in satellite systems, helping regulate and distribute electrical power efficiently. Space-qualified power electronics components are designed to withstand the harsh radiation and thermal conditions of space. As India expands its presence in the global space community, the demand for advanced and reliable space power electronics has increased. The market features specialized suppliers offering radiation-hardened power electronics components for various satellite applications.

Drivers of the Market

The India space power electronics market is growing due to the critical role played by power electronics in space applications. The development of compact, high-efficiency power electronics is essential for satellite systems, propulsion systems, and other space equipment. The increasing number of satellite launches and space missions in India has heightened the demand for advanced power electronics solutions. Additionally, the government`s investment in space technology and infrastructure development is boosting the market.

Challenges of the Market

The India space power electronics market faces challenges in terms of efficiency, reliability, and miniaturization. Developing power electronics that can efficiently convert and manage electrical power while operating in space`s harsh conditions is essential. Minimizing the size and weight of these systems while maximizing reliability poses additional challenges.

COVID-19 Impact on the Market

The COVID-19 pandemic highlighted the significance of robust and efficient power electronics for space applications. As space missions continued, there was a growing emphasis on power electronics` reliability and performance to support critical systems and satellite operations. The market saw continued investments and innovation to meet these demands.

Key Players in the Market

Space power electronics are critical for satellite systems. Companies like Bharat Electronics Limited (BEL) and Hindustan Aeronautics Limited (HAL) are prominent players in the India space power electronics market, offering reliable solutions for space applications.

Key Highlights of the Report:

  • India Space Power Electronics Market Outlook
  • Market Size of India Space Power Electronics Market, 2024
  • Forecast of India Space Power Electronics Market, 2031
  • Historical Data and Forecast of India Space Power Electronics Revenues & Volume for the Period 2021-2031
  • India Space Power Electronics Market Trend Evolution
  • India Space Power Electronics Market Drivers and Challenges
  • India Space Power Electronics Price Trends
  • India Space Power Electronics Porter's Five Forces
  • India Space Power Electronics Industry Life Cycle
  • Historical Data and Forecast of India Space Power Electronics Market Revenues & Volume By Device Type for the Period 2021-2031
  • Historical Data and Forecast of India Space Power Electronics Market Revenues & Volume By Power Discrete for the Period 2021-2031
  • Historical Data and Forecast of India Space Power Electronics Market Revenues & Volume By Power Module for the Period 2021-2031
  • Historical Data and Forecast of India Space Power Electronics Market Revenues & Volume By Power IC for the Period 2021-2031
  • Historical Data and Forecast of India Space Power Electronics Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of India Space Power Electronics Market Revenues & Volume By Satellites for the Period 2021-2031
  • Historical Data and Forecast of India Space Power Electronics Market Revenues & Volume By Spacecraft & Launch Vehicles for the Period 2021-2031
  • Historical Data and Forecast of India Space Power Electronics Market Revenues & Volume By Space Stations for the Period 2021-2031
  • Historical Data and Forecast of India Space Power Electronics Market Revenues & Volume By Rovers for the Period 2021-2031
  • Historical Data and Forecast of India Space Power Electronics Market Revenues & Volume By Platform type for the Period 2021-2031
  • Historical Data and Forecast of India Space Power Electronics Market Revenues & Volume By Power for the Period 2021-2031
  • Historical Data and Forecast of India Space Power Electronics Market Revenues & Volume By Command and data handling for the Period 2021-2031
  • Historical Data and Forecast of India Space Power Electronics Market Revenues & Volume By ADCS for the Period 2021-2031
  • Historical Data and Forecast of India Space Power Electronics Market Revenues & Volume By Propulsion for the Period 2021-2031
  • Historical Data and Forecast of India Space Power Electronics Market Revenues & Volume By TT&C for the Period 2021-2031
  • Historical Data and Forecast of India Space Power Electronics Market Revenues & Volume By Structure for the Period 2021-2031
  • Historical Data and Forecast of India Space Power Electronics Market Revenues & Volume By Thermal system for the Period 2021-2031
  • Historical Data and Forecast of India Space Power Electronics Market Revenues & Volume By Voltage for the Period 2021-2031
  • Historical Data and Forecast of India Space Power Electronics Market Revenues & Volume By Low Voltage for the Period 2021-2031
  • Historical Data and Forecast of India Space Power Electronics Market Revenues & Volume By Medium Voltage for the Period 2021-2031
  • Historical Data and Forecast of India Space Power Electronics Market Revenues & Volume By High Voltage for the Period 2021-2031
  • Historical Data and Forecast of India Space Power Electronics Market Revenues & Volume By Current for the Period 2021-2031
  • Historical Data and Forecast of India Space Power Electronics Market Revenues & Volume By Upto 25A for the Period 2021-2031
  • Historical Data and Forecast of India Space Power Electronics Market Revenues & Volume By 25-50A for the Period 2021-2031
  • Historical Data and Forecast of India Space Power Electronics Market Revenues & Volume By Over 50A for the Period 2021-2031
  • India Space Power Electronics Import Export Trade Statistics
  • Market Opportunity Assessment By Device Type
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By Platform type
  • Market Opportunity Assessment By Voltage
  • Market Opportunity Assessment By Current
  • India Space Power Electronics Top Companies Market Share
  • India Space Power Electronics Competitive Benchmarking By Technical and Operational Parameters
  • India Space Power Electronics Company Profiles
  • India Space Power Electronics Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the India Space Power Electronics Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the India Space Power Electronics Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 India Space Power Electronics Market Overview

3.1 India Country Macro Economic Indicators

3.2 India Space Power Electronics Market Revenues & Volume, 2021 & 2031F

3.3 India Space Power Electronics Market - Industry Life Cycle

3.4 India Space Power Electronics Market - Porter's Five Forces

3.5 India Space Power Electronics Market Revenues & Volume Share, By Device Type, 2021 & 2031F

3.6 India Space Power Electronics Market Revenues & Volume Share, By Application, 2021 & 2031F

3.7 India Space Power Electronics Market Revenues & Volume Share, By Platform type, 2021 & 2031F

3.8 India Space Power Electronics Market Revenues & Volume Share, By Voltage, 2021 & 2031F

3.9 India Space Power Electronics Market Revenues & Volume Share, By Current, 2021 & 2031F

4 India Space Power Electronics Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing investments in space exploration and satellite technology by the Indian government and private sector

4.2.2 Growing demand for small satellite launches and satellite-based services

4.2.3 Technological advancements leading to the development of more efficient and reliable space power electronics

4.3 Market Restraints

4.3.1 High initial investment and operational costs associated with space power electronics systems

4.3.2 Regulatory challenges and export control restrictions in the space industry

4.3.3 Limited availability of skilled workforce and expertise in space power electronics technology

5 India Space Power Electronics Market Trends

6 India Space Power Electronics Market, By Types

6.1 India Space Power Electronics Market, By Device Type

6.1.1 Overview and Analysis

6.1.2 India Space Power Electronics Market Revenues & Volume, By Device Type, 2021-2031F

6.1.3 India Space Power Electronics Market Revenues & Volume, By Power Discrete, 2021-2031F

6.1.4 India Space Power Electronics Market Revenues & Volume, By Power Module, 2021-2031F

6.1.5 India Space Power Electronics Market Revenues & Volume, By Power IC, 2021-2031F

6.2 India Space Power Electronics Market, By Application

6.2.1 Overview and Analysis

6.2.2 India Space Power Electronics Market Revenues & Volume, By Satellites, 2021-2031F

6.2.3 India Space Power Electronics Market Revenues & Volume, By Spacecraft & Launch Vehicles, 2021-2031F

6.2.4 India Space Power Electronics Market Revenues & Volume, By Space Stations, 2021-2031F

6.2.5 India Space Power Electronics Market Revenues & Volume, By Rovers, 2021-2031F

6.3 India Space Power Electronics Market, By Platform type

6.3.1 Overview and Analysis

6.3.2 India Space Power Electronics Market Revenues & Volume, By Power, 2021-2031F

6.3.3 India Space Power Electronics Market Revenues & Volume, By Command and data handling, 2021-2031F

6.3.4 India Space Power Electronics Market Revenues & Volume, By ADCS, 2021-2031F

6.3.5 India Space Power Electronics Market Revenues & Volume, By Propulsion, 2021-2031F

6.3.6 India Space Power Electronics Market Revenues & Volume, By TT&C, 2021-2031F

6.3.7 India Space Power Electronics Market Revenues & Volume, By Structure, 2021-2031F

6.4 India Space Power Electronics Market, By Voltage

6.4.1 Overview and Analysis

6.4.2 India Space Power Electronics Market Revenues & Volume, By Low Voltage, 2021-2031F

6.4.3 India Space Power Electronics Market Revenues & Volume, By Medium Voltage, 2021-2031F

6.4.4 India Space Power Electronics Market Revenues & Volume, By High Voltage, 2021-2031F

6.5 India Space Power Electronics Market, By Current

6.5.1 Overview and Analysis

6.5.2 India Space Power Electronics Market Revenues & Volume, By Upto 25A, 2021-2031F

6.5.3 India Space Power Electronics Market Revenues & Volume, By 25-50A, 2021-2031F

6.5.4 India Space Power Electronics Market Revenues & Volume, By Over 50A, 2021-2031F

7 India Space Power Electronics Market Import-Export Trade Statistics

7.1 India Space Power Electronics Market Export to Major Countries

7.2 India Space Power Electronics Market Imports from Major Countries

8 India Space Power Electronics Market Key Performance Indicators

8.1 Efficiency improvement rate of space power electronics systems

8.2 Adoption rate of advanced space power electronics technologies

8.3 Number of successful satellite launches powered by Indian space power electronics systems

9 India Space Power Electronics Market - Opportunity Assessment

9.1 India Space Power Electronics Market Opportunity Assessment, By Device Type, 2021 & 2031F

9.2 India Space Power Electronics Market Opportunity Assessment, By Application, 2021 & 2031F

9.3 India Space Power Electronics Market Opportunity Assessment, By Platform type, 2021 & 2031F

9.4 India Space Power Electronics Market Opportunity Assessment, By Voltage, 2021 & 2031F

9.5 India Space Power Electronics Market Opportunity Assessment, By Current, 2021 & 2031F

10 India Space Power Electronics Market - Competitive Landscape

10.1 India Space Power Electronics Market Revenue Share, By Companies, 2024

10.2 India Space Power Electronics Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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