Market Overview:
The global spinelectronics market is expected to grow at a CAGR of xx% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for data storage, electric vehicles, and industrial motors. Additionally, the rising demand for semiconductor lasers and microwave devices is also contributing to the growth of this market. Furthermore, advancements in quantum computing are also propelling the growth of this market. However, fluctuations in prices of raw materials may hamper the growth of this market during the forecast period.
Product Definition:
Spinelectronics is the study of the electrical activity of the spinal cord. It is important because it can help researchers learn about how the spinal cord works and how to treat injuries or disorders that affect it.
Clockwise Spin:
The clockwise spin is a magnetic effect created by the movement of a magnet along with the rotation of an electric current. The direction in which the magnet travels is also dependent on the flow of electricity. In spineelectronics, this property can be used to store information using digital memory cells and can be read out using an electrical detector.
Counter Clockwise Spin:
Counter clockwise spin (CCS) is a method of Spin Transfer Torque Measurement (STT) used in spinelectronics. It measures the torque needed to keep a magnetized particle moving in an anticlockwise direction. The CCS method is more robust and repeatable than other methods such as the Needleman-Paton or HRTEM methods, which makes it suitable for use as a standard protocol for STT measurement.
Application Insights:
The data storage application segment dominated the global spinelectronics market in 2017. The growing demand for hard disk drives and solid-state drives is expected to drive the demand for S/PDIF, which provides a high bit density and signal quality. In addition, rising adoption of cloud computing services has led to an increased need for large capacity storage devices that utilize S/PDIF transmission protocol.
The electric vehicles application segment is expected to witness significant growth over the forecast period owing to increasing government initiatives regarding reduction of greenhouse gas emissions from automobiles. For instance, in March 2019, China announced plans to invest USD 85 billion by 2022 on new electric vehicle manufacturing facilities within the country as part of efforts by Chinese authorities towards reducing air pollution levels in major cities across China. Such initiatives are likely to increase investments towards development of electric vehicles over the coming years which will further propel market growth during this period.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing government funding for R&D, growing demand for electric vehicles and high healthcare expenditure in this region. Asia Pacific is anticipated to witness lucrative growth over the next eight years owing to rising investments by governments and private players in this region coupled with increasing disposable income of consumers especially in China & Japan countries. Moreover, rising awareness about alternative medicine and physical therapy procedures is also driving regional growth.
The European market was valued at USD X million in 2017 owing to presence of a large number of manufacturers involved primarily in clockwise spin manufacturing applications such as data storage devices, electric vehicles' motors etc., Whereas counter-clockwise spindle technologies are used predominantly for semiconductor lasers production application across this region due to technological reasons (spin-orbit interaction).
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global market for spine surgery is expected to grow at a CAGR of 5.5% from 2016 to 2021. This is primarily due to the increasing demand for minimally invasive surgeries, which are less risky and cause less pain and trauma than traditional open spine surgery. Spinelectronics devices are ideally suited for use in minimally invasive surgeries, making them a key growth driver for the market.
- Growing prevalence of spinal disorders: The global prevalence of spinal disorders is estimated to be around 10%. This number is expected to grow as the population ages, increasing the demand for spinelectronics devices. In addition, rising awareness about the treatment options available for spinal disorders will also help drive growth in this market segment.
- Technological advancements: The development of new and innovative technologies has been a key driver of growth in the spinelectronics market over the past few years. With continuous technological advancements, device manufacturers are able to offer products that are more efficient and effective than their predecessors. This trend is likely to continue in future, propelling growth in this market segment further..
Scope Of The Report
Report Attributes
Report Details
Report Title
Spinelectronics Market Research Report
By Type
Clockwise Spin, Counter Clockwise Spin
By Application
Data Storage, Electric Vehicles, Industrial Motors, Semiconductor Lasers, Microwave Devices, Quantum Computing, Other
By Companies
Advanced MicroSensors, Corporation, Applied Spintronics Technology, Atomistix A/S, Crocus Technology, Everspin Technologies, Freescale Semiconductor, Intel Corporation, NVE Corporation, Organic Spintronics s.r.l, QuantumWise A/S, Rhomap Ltd, Spin Transfer Technologies, Spintronics International Pte
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
207
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Spinelectronics Market Report Segments:
The global Spinelectronics market is segmented on the basis of:
Types
Clockwise Spin, Counter Clockwise Spin
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Data Storage, Electric Vehicles, Industrial Motors, Semiconductor Lasers, Microwave Devices, Quantum Computing, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Advanced MicroSensors, Corporation
- Applied Spintronics Technology
- Atomistix A/S
- Crocus Technology
- Everspin Technologies
- Freescale Semiconductor
- Intel Corporation
- NVE Corporation
- Organic Spintronics s.r.l
- QuantumWise A/S
- Rhomap Ltd
- Spin Transfer Technologies
- Spintronics International Pte
Highlights of The Spinelectronics Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Clockwise Spin
- Counter Clockwise Spin
- By Application:
- Data Storage
- Electric Vehicles
- Industrial Motors
- Semiconductor Lasers
- Microwave Devices
- Quantum Computing
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Spinelectronics Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Spinelectronics is a term used to describe the emerging field of electronics that uses the principles of spine biomechanics. This includes research into how spinal cord stimulation and other forms of neuromodulation can be used to treat conditions such as chronic pain, epilepsy, and depression.
Some of the key players operating in the spinelectronics market are Advanced MicroSensors, Corporation, Applied Spintronics Technology, Atomistix A/S, Crocus Technology, Everspin Technologies, Freescale Semiconductor, Intel Corporation, NVE Corporation, Organic Spintronics s.r.l, QuantumWise A/S, Rhomap Ltd, Spin Transfer Technologies, Spintronics International Pte.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Spinelectronics Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Spinelectronics Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Spinelectronics Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Spinelectronics Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Spinelectronics Market Size & Forecast, 2018-2028
4.5.1 Spinelectronics Market Size and Y-o-Y Growth
4.5.2 Spinelectronics Market Absolute $ Opportunity
Chapter 5 Global Spinelectronics Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Spinelectronics Market Size Forecast by Type
5.2.1 Clockwise Spin
5.2.2 Counter Clockwise Spin
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Spinelectronics Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Spinelectronics Market Size Forecast by Applications
6.2.1 Data Storage
6.2.2 Electric Vehicles
6.2.3 Industrial Motors
6.2.4 Semiconductor Lasers
6.2.5 Microwave Devices
6.2.6 Quantum Computing
6.2.7 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Spinelectronics Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Spinelectronics Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Spinelectronics Analysis and Forecast
9.1 Introduction
9.2 North America Spinelectronics Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Spinelectronics Market Size Forecast by Type
9.6.1 Clockwise Spin
9.6.2 Counter Clockwise Spin
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Spinelectronics Market Size Forecast by Applications
9.10.1 Data Storage
9.10.2 Electric Vehicles
9.10.3 Industrial Motors
9.10.4 Semiconductor Lasers
9.10.5 Microwave Devices
9.10.6 Quantum Computing
9.10.7 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Spinelectronics Analysis and Forecast
10.1 Introduction
10.2 Europe Spinelectronics Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Spinelectronics Market Size Forecast by Type
10.6.1 Clockwise Spin
10.6.2 Counter Clockwise Spin
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Spinelectronics Market Size Forecast by Applications
10.10.1 Data Storage
10.10.2 Electric Vehicles
10.10.3 Industrial Motors
10.10.4 Semiconductor Lasers
10.10.5 Microwave Devices
10.10.6 Quantum Computing
10.10.7 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Spinelectronics Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Spinelectronics Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Spinelectronics Market Size Forecast by Type
11.6.1 Clockwise Spin
11.6.2 Counter Clockwise Spin
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Spinelectronics Market Size Forecast by Applications
11.10.1 Data Storage
11.10.2 Electric Vehicles
11.10.3 Industrial Motors
11.10.4 Semiconductor Lasers
11.10.5 Microwave Devices
11.10.6 Quantum Computing
11.10.7 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Spinelectronics Analysis and Forecast
12.1 Introduction
12.2 Latin America Spinelectronics Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Spinelectronics Market Size Forecast by Type
12.6.1 Clockwise Spin
12.6.2 Counter Clockwise Spin
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Spinelectronics Market Size Forecast by Applications
12.10.1 Data Storage
12.10.2 Electric Vehicles
12.10.3 Industrial Motors
12.10.4 Semiconductor Lasers
12.10.5 Microwave Devices
12.10.6 Quantum Computing
12.10.7 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Spinelectronics Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Spinelectronics Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Spinelectronics Market Size Forecast by Type
13.6.1 Clockwise Spin
13.6.2 Counter Clockwise Spin
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Spinelectronics Market Size Forecast by Applications
13.10.1 Data Storage
13.10.2 Electric Vehicles
13.10.3 Industrial Motors
13.10.4 Semiconductor Lasers
13.10.5 Microwave Devices
13.10.6 Quantum Computing
13.10.7 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Spinelectronics Market: Competitive Dashboard
14.2 Global Spinelectronics Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Advanced MicroSensors, Corporation
14.3.2 Applied Spintronics Technology
14.3.3 Atomistix A/S
14.3.4 Crocus Technology
14.3.5 Everspin Technologies
14.3.6 Freescale Semiconductor
14.3.7 Intel Corporation
14.3.8 NVE Corporation
14.3.9 Organic Spintronics s.r.l
14.3.10 QuantumWise A/S
14.3.11 Rhomap Ltd
14.3.12 Spin Transfer Technologies
14.3.13 Spintronics International Pte
