Market Overview:
The global organic spintronic 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. In addition, the growing demand for semiconductor lasers and microwave devices is also contributing to the growth of this market. Furthermore, the increasing adoption of quantum computing is also propelling the growth of this market. However, factors such as high initial investment and lack of awareness about organic spintronics are restraining its growth. The global organic spintronic market can be segmented on the basis of type into clockwise spin and counter clockwise spin. On the basis of application, it can be divided into data storage, electric vehicles, industrial motors, semiconductor lasers Microwave devices Quantum computing among others .
Product Definition:
Organic spintronics is a branch of spintronics that focuses on the use of organic materials in spintronic devices. The importance of organic spintronics is that it offers the potential to create devices with low power consumption and high efficiency.
Clockwise Spin:
The global spintronics market is expected to grow at a significant rate over the forecast period. Spintronics is a proposed spin-based technology that would allow information to be stored, processed, and used in electronic devices. It has been known to provide higher efficiency as compared to traditional electronics through faster switching times and greater stability.
Counter Clockwise Spin:
Counter clockwise spin (CCS) is a method of magnetization in which the direction of electron movement around an atom or molecule is anticlockwise compared to the conventional clockwise spin. In other words, it's a way to flip the sign of electron angular momentum around an atom or molecule.
In organic spintronics, CCS holds great potential as an ordering agent for carbon-based and other organic molecules.
Application Insights:
The data storage application segment led the global organic spintronic market in 2017 and is projected to witness significant growth over the forecast period. The growing demand for hard disk drives, solid-state drives, and flash memory devices is expected to drive the segment growth. Moreover, increasing research & development activities pertaining to advanced spintronics materials for use in hard disk drives are further anticipated to propel industry expansion over the coming years.
Electric vehicles is another key application area where organic spintronics has been used successfully in motors and other components such as power inverters, gearboxes, DC/AC converters among others.
Regional Analysis:
North America dominated the global organic spintronic market in 2016 with a revenue share of over 35%. The growth can be attributed to increasing research and development activities undertaken by key players for commercializing products at a relatively faster pace. In addition, growing investments in R&D by companies operating within the region are expected to drive product demand. For instance, IBM Research - Almaden has been working on advanced Spin-Transfer Torque (STT) technologies since 2010.
The Asia Pacific is anticipated to emerge as the fastest-growing regional segment over the forecast period owing to rising government funding and initiatives taken up by private organizations aimed at promoting science & technology in emerging economies such as India and China.
Growth Factors:
- Increasing demand for organic spintronic devices from the electronics and communication industries on account of their low power consumption and high performance.
- Growing research and development activities in the field of organic spintronics that is expected to result in new product launches and technological advancements.
- Rising investments by key players for expanding their production capacities to cater to the increasing demand for organic spintronic products worldwide.
- Proliferation of nanotechnology-based products that use organic spintronics technology as a key component, thereby driving its adoption across a wider range of applications.
Scope Of The Report
Report Attributes
Report Details
Report Title
Organic Spintronic Market Research Report
By Type
Clockwise Spin, Counter Clockwise Spin
By Application
Data Storage, Electric Vehicles, Industrial Motors, Semiconductor Lasers, Microwave Devices, Quantum Computing
By Companies
Advanced MicroSensors Corporation (AMS), Everspin Technologies, Freescale Semiconductor, Crocus Technology, Intel Corporation, QuantumWise A/S, Rhomap Ltd, Applied Spintronics Technology, Spin Transfer Technologies, NVE Corporation, Organic Spintronics s.r.l, 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
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Organic Spintronic Market Report Segments:
The global Organic Spintronic 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
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 (AMS)
- Everspin Technologies
- Freescale Semiconductor
- Crocus Technology
- Intel Corporation
- QuantumWise A/S
- Rhomap Ltd
- Applied Spintronics Technology
- Spin Transfer Technologies
- NVE Corporation
- Organic Spintronics s.r.l
- Spintronics International Pte
Highlights of The Organic Spintronic 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
- 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 Organic Spintronic 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Organic spintronic materials are materials that can be manipulated using light and electrons. This allows for the creation of new types of electronic devices and systems.
Some of the major players in the organic spintronic market are Advanced MicroSensors Corporation (AMS), Everspin Technologies, Freescale Semiconductor, Crocus Technology, Intel Corporation, QuantumWise A/S, Rhomap Ltd, Applied Spintronics Technology, Spin Transfer Technologies, NVE Corporation, Organic Spintronics s.r.l, Spintronics International Pte.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Organic Spintronic Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Organic Spintronic Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Organic Spintronic Market - Supply Chain
4.5. Global Organic Spintronic Market Forecast
4.5.1. Organic Spintronic Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Organic Spintronic Market Size (000 Units) and Y-o-Y Growth
4.5.3. Organic Spintronic Market Absolute $ Opportunity
5. Global Organic Spintronic Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Organic Spintronic Market Size and Volume Forecast by Type
5.3.1. Clockwise Spin
5.3.2. Counter Clockwise Spin
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Organic Spintronic Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Organic Spintronic Market Size and Volume Forecast by Application
6.3.1. Data Storage
6.3.2. Electric Vehicles
6.3.3. Industrial Motors
6.3.4. Semiconductor Lasers
6.3.5. Microwave Devices
6.3.6. Quantum Computing
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Organic Spintronic Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Organic Spintronic Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Organic Spintronic Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Organic Spintronic Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Organic Spintronic Demand Share Forecast, 2019-2026
9. North America Organic Spintronic Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Organic Spintronic Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Organic Spintronic Market Size and Volume Forecast by Application
9.4.1. Data Storage
9.4.2. Electric Vehicles
9.4.3. Industrial Motors
9.4.4. Semiconductor Lasers
9.4.5. Microwave Devices
9.4.6. Quantum Computing
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Organic Spintronic Market Size and Volume Forecast by Type
9.7.1. Clockwise Spin
9.7.2. Counter Clockwise Spin
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Organic Spintronic Demand Share Forecast, 2019-2026
10. Latin America Organic Spintronic Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Organic Spintronic Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Organic Spintronic Market Size and Volume Forecast by Application
10.4.1. Data Storage
10.4.2. Electric Vehicles
10.4.3. Industrial Motors
10.4.4. Semiconductor Lasers
10.4.5. Microwave Devices
10.4.6. Quantum Computing
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Organic Spintronic Market Size and Volume Forecast by Type
10.7.1. Clockwise Spin
10.7.2. Counter Clockwise Spin
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Organic Spintronic Demand Share Forecast, 2019-2026
11. Europe Organic Spintronic Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Organic Spintronic Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Organic Spintronic Market Size and Volume Forecast by Application
11.4.1. Data Storage
11.4.2. Electric Vehicles
11.4.3. Industrial Motors
11.4.4. Semiconductor Lasers
11.4.5. Microwave Devices
11.4.6. Quantum Computing
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Organic Spintronic Market Size and Volume Forecast by Type
11.7.1. Clockwise Spin
11.7.2. Counter Clockwise Spin
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Grwth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Organic Spintronic Demand Share, 2019-2026
12. Asia Pacific Organic Spintronic Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Organic Spintronic Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Organic Spintronic Market Size and Volume Forecast by Application
12.4.1. Data Storage
12.4.2. Electric Vehicles
12.4.3. Industrial Motors
12.4.4. Semiconductor Lasers
12.4.5. Microwave Devices
12.4.6. Quantum Computing
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Organic Spintronic Market Size and Volume Forecast by Type
12.7.1. Clockwise Spin
12.7.2. Counter Clockwise Spin
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Organic Spintronic Demand Share, 2019-2026
13. Middle East & Africa Organic Spintronic Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Organic Spintronic Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Organic Spintronic Market Size and Volume Forecast by Application
13.4.1. Data Storage
13.4.2. Electric Vehicles
13.4.3. Industrial Motors
13.4.4. Semiconductor Lasers
13.4.5. Microwave Devices
13.4.6. Quantum Computing
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Organic Spintronic Market Size and Volume Forecast by Type
13.7.1. Clockwise Spin
13.7.2. Counter Clockwise Spin
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Organic Spintronic Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Organic Spintronic Market: Market Share Analysis
14.2. Organic Spintronic Distributors and Customers
14.3. Organic Spintronic Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Advanced MicroSensors Corporation (AMS)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Everspin Technologies
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Freescale Semiconductor
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Crocus Technology
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Intel Corporation
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. QuantumWise A/S
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Rhomap Ltd
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Applied Spintronics Technology
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Spin Transfer Technologies
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. NVE Corporation
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Organic Spintronics s.r.l
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Spintronics International Pte
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
