Radiation Hardened Feedback Sensors Market Growth and Size 2031

Radiation Hardened Feedback Sensors Market Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Sensor (Resolver, Encoder, Hall Effect Sensor, Potentiometer, and Others), Application (Space, Aerospace and Defense, Nuclear Power Plant, and Others), and Geography

  • Report Code : TIPRE00039084
  • Category : Electronics and Semiconductor
  • Status : Published
  • No. of Pages : 149
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Radiation Hardened Feedback Sensors Market Growth - 2031

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The radiation hardened feedback sensors market size is projected to reach US$ 189.37 million by 2031 from US$ 133.80 million in 2023. The market is expected to register a CAGR of 4.4% during 2023–2031.

The growing space exploration mission is likely to remain one of the key radiation hardened feedback sensors market trends.

Radiation Hardened Feedback Sensors Market Analysis

The radiation hardened feedback sensors market forecast is estimated on the basis of various secondary and primary research findings such as key company publications, association data, and databases. Radiation hardened feedback sensors are devices designed to withstand high levels of radiation, most commonly encountered in nuclear and space environments. These sensors employ a feedback mechanism for continuously monitoring their performance and adjust accordingly by ensuring reliable and accurate operations in hard radiations. The sensors utilize feedback loops to detect any deviations from their expected behavior caused by radiation-induced damage. These sensors play a vital role in ensuring the functionality and safety of critical systems in high-radiation applications, such as aerospace and defense, space, satellite communication, and nuclear power plants. A variety of radiation hardened feedback sensors, such as encoders, potentiometers, hall effect sensors, and resolvers, are available in the market.

Radiation Hardened Feedback Sensors Market Overview

Growing demand for radiation hardened feedback sensors among critical equipment and system manufacturers across the globe is expected to boost the radiation hardened feedback sensors market during the forecast period. Radiation hardened feedback sensors are widely integrated into aerospace & defense systems, spacecraft, satellites, space probes, medical equipment, and others. Technological advancements, miniaturization of radiation hardened feedback sensors, rising demand for renewable energy, and increasing R&D activities are propelling the radiation hardened feedback sensors market.

The expansion of the space exploration mission, rising national security, and scientific discoveries also contribute significantly to the expansion of the radiation hardened feedback sensors market size. Operators are highly concerned about maintaining performance and protecting their systems and equipment against hazardous environments. This reflects a high demand for radiation hardened feedback sensor features integrated into spacecraft, satellites, space probes, medical equipment, and other systems.

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Radiation Hardened Feedback Sensors Market: Strategic Insights

Radiation Hardened Feedback Sensors Market

  • CAGR (2023 - 2031)
    4.4%
  • Market Size 2023
    US$ 133.80 Million
  • Market Size 2031
    US$ 189.37 Million

Market Dynamics

GROWTH DRIVERS
  • Increasing Demand from Nuclear Power Plants
  • Miniaturization of Radiation Hardened Feedback Sensors
  • Increasing Research and Development Activities
FUTURE TRENDS
  • Growing Space Exploration Mission
OPPORTUNITIES
  • Development of Advanced Radiation Hardened Feedback Sensors
  • Emerging Medical Applications

Key Players

  • TT Electronics
  • Magics Technologies nv
  • Dynapar
  • Power Device Corporation
  • NewTek Sensor Solutions
  • Netzer Precision Position Sensors A.C.S. Ltd.
  • Computer Conversions Corporation.
  • Honeywell International Inc.
  • MACCON

Regional Overview

  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Market Segmentation

Sensor
  • Resolver
  • Encoder
  • Hall Effect Sensor
  • Potentiometer
  • Others
Application
  • Space
  • Aerospace and Defense
  • Nuclear Power Plant
  • Others
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

Radiation Hardened Feedback Sensors Market Drivers and Opportunities

Miniaturization of Radiation Hardened Feedback Sensors to Favor Market

Miniaturized devices play a crucial role in providing precise measurements under harsh radiation environments. These sensors offer significant benefits such as improved radiation resistance, space-saving, and extended operational lifespan in a wide range of applications—aerospace & defense, space, and nuclear power plants. The primary advantage of miniaturized radiation hardened feedback sensors is their improved efficiency. The reduced size of radiation hardened feedback sensors allows manufacturers to optimize their operational performance, enable faster response times, and provide more accurate readings. This enhanced efficiency of miniaturized radiation hardened feedback sensors is highly beneficial in applications where real-time data acquisition and analysis are critical, such as in particle accelerators and nuclear reactors.

Miniaturization of sensors opens up possibilities to integrate radiation hardened feedback sensors into a wide range of electronic devices such as satellites, nuclear reactors, microcontrollers, radiation therapy or imaging devices, and particle accelerators. The integration of such sensors ensures accurate and reliable measurements in the presence of ionizing radiation. The key players operating in the market are taking several strategic steps, such as partnerships, collaborations, and new product launches. For instance, in March 2020, MACCON GmbH & Co. KG launched DS-16 encoders with only 16mm outside diameter. DS-16 is the new miniature capacitive encoder that provides absolute feedback and is designed to fulfill the needs of medical systems and robotics applications. Thus, the rising demand for miniaturized radiation hardened feedback sensors drives the market.

Development of Advanced Radiation Hardened Feedback Sensors – An Opportunity in Radiation Hardened Feedback Sensors

Advanced radiation hardened feedback sensors are designed to support users to continue their operations in the exposure of high levels of radiation. These sensors offer several benefits to the users or systems operating in harsh environments. The sensors ensure that the critical system receives the proper feedback required to function properly. This reliability is highly essential in spacecraft navigation or nuclear reactor control. Moreover, the development of advanced radiation hardened feedback sensors ensures the safety of critical systems by providing stable and precise feedback in challenging radiation environments.

Radiation hardened feedback sensors are used in numerous applications to ensure the reliability, safety, and longevity of systems operating in the harsh environment. The growing demand for advanced radiation hardened feedback sensors has encouraged manufacturers to develop new innovative sensors or upgrade existing sensors with additional features. For instance, in March 2022, Netzer Precision Position Sensors A.C.S. Ltd. developed and launched a new VLM-60 capacitive multi-turn absolute encoder for harsh environments. The VLM-60 is an electric, non-contact capacitive multi-turn absolute encoder designed for a wide range of demanding tasks in the aerospace & defense, medical, automotive, and robotics industries. This capacitive encoder offers significant benefits to the users, such as being extremely durable and resistant to vibrations and shocks. The low profile, compact, high-density designs and hollow shaft structure provide unparalleled accuracy and resolution encoders, further supporting users in generating precise position or motion feedback for controlling systems in the radioactive environment.

Radiation Hardened Feedback Sensors Market Report Segmentation Analysis

Key segments that contributed to the derivation of the radiation hardened feedback sensors market analysis are sensor and application.

  • Based on sensor, the radiation hardened feedback sensors market is divided into resolver, encoder, hall effect sensor, potentiometer, and others. The resolver segment held the largest market share in 2023.
  • By application, the market is segmented into space, aerospace and defense, nuclear power plant, and others. The space segment held the largest share of the market in 2023.

Radiation Hardened Feedback Sensors Market Share Analysis by Geography

The geographic scope of the radiation hardened feedback sensors market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South & Central America.

Asia Pacific had the highest growth rate in 2023. Asia Pacific witnessed significant growth in nuclear power in the past and has considerable plans for the construction of more nuclear power plants. China has increased its renewable capacity even though it has lowered its support for renewables through incentives, particularly solar projects. China's National Energy Administration (NEA) announced in 2021 that solar photovoltaic systems are mandatory to be installed on all residential and commercial rooftops. By the end of 2023, solar PV modules are required to be installed on 20% of residential rooftops, 30% of commercial rooftops, 40% of non-government public buildings, and 50% of government buildings. India has also been catching up with the expanding trend of solar panels on rooftops. The Pradhan Mantri Suryodaya Yojana (PMSY) program, introduced by the Indian government in January 2024, aimed to supply rooftop solar (RTS) power systems to 10 million households.

The governments operating in APAC are also developing more nuclear plants. For instance, in February 2023, the Japanese government announced plans to restart nuclear power facilities that had been put on hold when it unveiled the New Basic Energy Plan until 2030, drastically altering the nation's prior nuclear policy. In August 2022, Japan announced its intention to develop and build next-generation nuclear power plants in a major shift from the country's post-Fukushima disaster policy of refraining from the construction of new nuclear plants. The Japanese Ministry of Economy, Trade and Industry (METI) compiled a draft on the construction of new plants, with plans to start commercial operation during the 2030 decade. Further, in January 2024, China's State Council approved the construction of four new nuclear reactors. In nuclear power plants, radiation hardened feedback sensors are widely used in reactor control systems to monitor and regulate key parameters such as neutron flux, reactor power, temperature, pressure, and coolant flow. Therefore, the increasing demand for these sensors in nuclear power plants is propelling the market growth.

Radiation Hardened Feedback Sensors Market News and Recent Developments

The radiation hardened feedback sensors market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for radiation hardened feedback sensors:

  • Dynapar Corporation launched the HS35iQ Encoder with PulseIQ Technology, a new programmable hollow shaft encoder. The HS35iQ Encoder with PulseIQ Technology is a self-diagnosing feedback device with color-coded LEDs and digital output. This device offers a new way for OEM and end users in heavy-duty machine applications to troubleshoot faulty encoders with access to encoder health status in real-time. (Source: Dynapar Corporation, Press Release, 2023)
  • EMPIRE MAGNETICS, INC. received a motion control solution provider award from Manufacturing Technologies Insights. The company received an award for manufacturing a wide range of high-quality motor products for its customers. (Source: EMPIRE MAGNETICS, INC., Press Release/Company Website/Newsletter, 2023)

Radiation Hardened Feedback Sensors Market Report Scope

Report Attribute Details
Market size in 2023 US$ 133.80 Million
Market Size by 2031 US$ 189.37 Million
Global CAGR (2023 - 2031) 4.4%
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By Sensor
  • Resolver
  • Encoder
  • Hall Effect Sensor
  • Potentiometer
  • Others
By Application
  • Space
  • Aerospace and Defense
  • Nuclear Power Plant
  • Others
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • TT Electronics
  • Magics Technologies nv
  • Dynapar
  • Power Device Corporation
  • NewTek Sensor Solutions
  • Netzer Precision Position Sensors A.C.S. Ltd.
  • Computer Conversions Corporation.
  • Honeywell International Inc.
  • MACCON
    • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

    Radiation Hardened Feedback Sensors Market Report Coverage and Deliverables

    The "Radiation Hardened Feedback Sensors Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market, covering the areas given below:

    • Radiation Hardened Feedback Sensors Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
    • Market dynamics such as drivers, restraints, and key opportunities
    • Radiation Hardened Feedback Sensors Market Trends
    • Detailed PEST/Porter's Five Forces and SWOT analysis
    • Radiation hardened feedback sensors market analysis covering key market trends, major players, regulations, and recent market developments
    • Radiation Hardened Feedback Sensors Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
    • Detailed company profiles
    Report Coverage
    Report Coverage

    Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

    Segment Covered
    Segment Covered

    This text is related
    to segments covered.

    Regional Scope
    Regional Scope

    North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

    Country Scope
    Country Scope

    This text is related
    to country scope.

    Frequently Asked Questions


    What is the estimated market size for the global radiation hardened feedback sensors market in 2023?

    The global radiation hardened feedback sensors market was estimated to be US$ 133.80 million in 2023 and is expected to grow at a CAGR of 4.4 % during the forecast period 2024 - 2031.

    What are the driving factors impacting the global radiation hardened feedback sensors market?

    Increasing demand from nuclear power plants, miniaturization of radiation hardened feedback sensors, and increasing research and development activities are the major factors that propel the global radiation hardened feedback sensors market.

    What are the future trends of the global radiation hardened feedback sensors market?

    Growing space exploration mission which is anticipated to play a significant role in the global radiation hardened feedback sensors market in the coming years.

    Which are the key players holding the major market share of the global radiation hardened feedback sensors market?

    The key players holding majority shares in the global radiation hardened feedback sensors market are Hexagon AB, Intertek Group plc, Nikon Metrology, Keyence Corporation, and ZEISS.

    What is the incremental growth of the global radiation hardened feedback sensors market during the forecast period?

    The incremental growth expected to be recorded for the global radiation hardened feedback sensors market during the forecast period is US$ 55.57 million.

    What will be the market size of the global radiation hardened feedback sensors market by 2031?

    The global radiation hardened feedback sensors market is expected to reach US$ 189.37 million by 2031.

    The List of Companies - Radiation Hardened Feedback Sensor Market

    1. Power Device Corporation
    2. NewTek Sensor Solutions 
    3. MACCON GmbH & Co. KG 
    4. Honeywell International Inc 
    5. Dynapar Corporation
    6. EMPIRE MAGNETICS, INC.
    7. Magics Technologies NV 
    8. Netzer Precision Position Sensors A.C.S. Ltd.
    9. Computer Conversions Corporation.

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