At 2.5% CAGR, Middle East & Africa Radiation Hardened Motor Controller and Motor Drive Market is Projected to be Worth US$ 5.30 Million by 2031, says Business Market Insights 

According to Business Market Insights research, the Middle East & Africa radiation hardened motor controller and motor drive market was valued at US$ 4.35 million in 2023 and is expected to reach US$ 5.30 million by 2031, registering a CAGR of 2.5% from 2023 to 2031. Rise in number of satellite launches and miniaturization of electronic components used in space, defense, medical, and aerospace applications are among the critical factors attributed to driving the Middle East & Africa radiation hardened motor controller and motor drive market growth.

Heightened investments and funding in satellite launch programs reflect a mounting emphasis on satellite deployment, space exploration, and space-based services. The public sector generates a significant demand for heavy- and super-heavy-lift space launch services, while the private sector heads the demand for small- and medium-lift satellites. The demand for small- and medium-lift satellites is increasing at a faster pace among these two categories owing to the mounting need for low Earth orbit constellations or small satellites for telecommunications. Orbital mining, manufacturing, and tourism are among the other factors driving private investments in space launch technologies. The rising investments in satellite launch programs for applications such as communications, earth observation, and navigation indicate a broader commitment to space technology. In January 2024, Iran launched 3 satellites utilizing its carrier rocket fabricated under guidance by the Ministry of Defense and Armed Forces Logistics. In 2023, HyPrSpace, Leonardo, Thales, and CT Engineering received funding for a project worth US$ 38 million to demonstrate a new type of rocket engine to be launched into space. Owing to such investments, radiation hardened motor controllers and motor drive manufacturers focus on developing radiation-tolerant motor controllers and drives for advanced satellite systems. Therefore, the increasing number of satellite launches drives the growth of the radiation hardened motor controller and motor drive market.

On the contrary, lack of proper testing facilities hampers the growth of Middle East & Africa radiation hardened motor controllers and motor drive markets.

By type, the Middle East & Africa radiation hardened motor controller and motor drive market is segmented into motor controller and motor drive. The motor drive held 66.1% share of Middle East & Africa radiation hardened motor controller and motor drive market share in 2023, amassing US$ 2.87 million. It is projected to garner US$ 3.63 million by 2031 to register 3.0% CAGR during 2023–2031.

By application, the Middle East & Africa radiation hardened motor controller and motor drive market is segmented into space exploration, military and defense, nuclear power plants, and others. The military and defense held 40.6% share of Middle East & Africa radiation hardened motor controller and motor drive market share in 2023, amassing US$ 1.76 million. It is projected to garner US$ 2.16 million by 2031 to register 2.6% CAGR during 2023–2031.

Based on country, the Middle East & Africa radiation hardened motor controller and motor drive market is categorized into Saudi Arabia, the UAE, South Africa, the Rest of Middle East & Africa. Our regional analysis states that Saudi Arabia captured 33.4% share of Middle East & Africa radiation hardened motor controller and motor drive market in 2023. It was assessed at US$ 1.45 million in 2023 and is likely to hit US$ 1.84 million by 2031, registering a CAGR of 3.0% during 2023–2031.

Key players operating in the radiation hardened motor controller and motor drive market are Data Device Corporation; ESI Motion; Frontgrade Technologies; Infineon Technologies AG; MACCON GmbH & Co. KG; Microchip Technology Inc; Micross Components, Inc.; Motiv Space Systems, Inc.; Power Device Corporation; Renesas Electronics Corp; STMicroelectronics NV; Texas Instruments Inc; and TTM Technologies Inc, among others.

• On March 20, 2023: Micross Components, Inc. ("Micross" or the "Company"), a leading provider of high-reliability microelectronic products and service solutions for aerospace, defense, space, medical, and industrial applications, celebrated the grand opening of its new 85,000 sq. ft. state-of-the-art flagship semiconductor and specialty electronics manufacturing facility in Apopka, FL.

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