Market Overview:
The global serial (SPI) NOR flash market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for high-density NOR flash devices in various applications, such as telecommunication, networking, industrial, automotive and smart grid space. Additionally, the growing trend of miniaturization is also contributing significantly to the growth of this market.
 NOR Flash Industry Outlook.svg)
Product Definition:
Serial Peripheral Interface (SPI) NOR Flash is a type of flash memory that uses the SPI bus interface to communicate with microcontrollers and other devices. It is typically used for storing boot code and other critical system firmware.
Low Density:
Low-Density Parity (LDPC) is a method to achieve high data security in flash memory by using a parity check matrix. The technology was developed by Fujitsu Ltd. and today it is used in several products of the company and other manufacturers as well, such as Hitachi Ltd., Samsung Electronics Co. Ltd., Micron Technology Inc., Intel Corporation, SanDisk, etc.
The LDPC matrix has an additional row.
High Density:
High Density (HD) is a technology used in NOR flash memory for increasing the capacity of a chip. It increases the number of write cycles and reliability of data retention by using thinned layers of Silicon nitride, hafnium, or titanium dioxide. The technology is mainly applied to multi-level cell (MLC) flash memory but can be also used with single level cell (SLC) chips to increase their density.
Application Insights:
The networking application segment led the global serial (SPI) NOR flash market and accounted for more than a 38% share of the overall revenue in 2017. The growth is attributed to an increase in demand for high-speed data transfer over serial bus interface. Moreover, growing demand for wireless communication devices is also expected to have a positive impact on the growth during the forecast period.
The industrial application segment was valued at more than USD 1.5 billion in 2017 owing to increasing use of these products in industrial automation applications such as machine tools and robotics equipment among others. In addition, these products are used extensively across consumer durables including refrigerators and washing machines among others which are likely to propel their demand over the coming years as well.
Regional Analysis:
North America is expected to be the largest market for serial NOR flash memory chips over the forecast period owing to high demand from networking and telecommunication industry. The region accounted for a revenue share of over 35% in 2017 and is estimated to reach USD X billion by 2030, owing to increasing use in networking applications due to their low power consumption requirements.
Asia Pacific regional market was valued at over USD X million in 2017 and is projected grow at a CAGR of XX% from 2018 to 2030, fueled by rising demand from automotive industry mainly China, Japan as well as India on account of cheap labor costs associated with manufacturing these devices within this region. Moreover, rising investments made by various governments towards infrastructure development are anticipated drive growth within Asia Pacific regional market space during the forecast period.
Growth Factors:
- Increasing demand for Serial NOR Flash in automotive electronics
- Growing demand for Serial NOR Flash in consumer electronics
- Rising popularity of Serial NOR Flash in industrial and medical applications
- Proliferation of Internet-of-Things (IoT) devices and the need for high-performance, low-power serial flash memory solutions
- Increased adoption of Serial NOR Flash by system OEMs and ODMs
Scope Of The Report
Report Attributes
Report Details
Report Title
Serial (SPI) NOR Flash Market Research Report
By Type
Low Density, High Density
By Application
Telecommunication, Networking, Industrial, Automotive, Smart Grid Space
By Companies
Cypress, Samsung, Winbond, Micron, Macronix, ISSI, Eon, Microchip, GigaDevice
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Serial (SPI) NOR Flash Market Report Segments:
The global Serial (SPI) NOR Flash market is segmented on the basis of:
Types
Low Density, High Density
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
Telecommunication, Networking, Industrial, Automotive, Smart Grid Space
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:
- Cypress
- Samsung
- Winbond
- Micron
- Macronix
- ISSI
- Eon
- Microchip
- GigaDevice
 NOR Flash Market Overview.svg)
Highlights of The Serial (SPI) NOR Flash 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:
- Low Density
- High Density
- By Application:
- Telecommunication
- Networking
- Industrial
- Automotive
- Smart Grid Space
- 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 Serial (SPI) NOR Flash 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
 NOR Flash Market Statistics.svg)
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?
Serial NOR Flash is a type of flash memory that uses serial communication to write data to and read data from the cells. Serial NOR Flash can be used in applications where high-speed, low-power access is required.
Some of the key players operating in the serial (spi) nor flash market are Cypress, Samsung, Winbond, Micron, Macronix, ISSI, Eon, Microchip, GigaDevice.
The serial (spi) nor flash market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Serial (SPI) NOR Flash 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. Serial (SPI) NOR Flash Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Serial (SPI) NOR Flash Market - Supply Chain
4.5. Global Serial (SPI) NOR Flash Market Forecast
4.5.1. Serial (SPI) NOR Flash Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Serial (SPI) NOR Flash Market Size (000 Units) and Y-o-Y Growth
4.5.3. Serial (SPI) NOR Flash Market Absolute $ Opportunity
5. Global Serial (SPI) NOR Flash 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. Serial (SPI) NOR Flash Market Size and Volume Forecast by Type
5.3.1. Low Density
5.3.2. High Density
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Serial (SPI) NOR Flash 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. Serial (SPI) NOR Flash Market Size and Volume Forecast by Application
6.3.1. Telecommunication
6.3.2. Networking
6.3.3. Industrial
6.3.4. Automotive
6.3.5. Smart Grid Space
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Serial (SPI) NOR Flash 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. Serial (SPI) NOR Flash 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 Serial (SPI) NOR Flash 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. Serial (SPI) NOR Flash 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 Serial (SPI) NOR Flash Demand Share Forecast, 2019-2026
9. North America Serial (SPI) NOR Flash 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 Serial (SPI) NOR Flash 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 Serial (SPI) NOR Flash Market Size and Volume Forecast by Application
9.4.1. Telecommunication
9.4.2. Networking
9.4.3. Industrial
9.4.4. Automotive
9.4.5. Smart Grid Space
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Serial (SPI) NOR Flash Market Size and Volume Forecast by Type
9.7.1. Low Density
9.7.2. High Density
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 Serial (SPI) NOR Flash Demand Share Forecast, 2019-2026
10. Latin America Serial (SPI) NOR Flash 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 Serial (SPI) NOR Flash 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 Serial (SPI) NOR Flash Market Size and Volume Forecast by Application
10.4.1. Telecommunication
10.4.2. Networking
10.4.3. Industrial
10.4.4. Automotive
10.4.5. Smart Grid Space
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Serial (SPI) NOR Flash Market Size and Volume Forecast by Type
10.7.1. Low Density
10.7.2. High Density
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 Serial (SPI) NOR Flash Demand Share Forecast, 2019-2026
11. Europe Serial (SPI) NOR Flash 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 Serial (SPI) NOR Flash 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 Serial (SPI) NOR Flash Market Size and Volume Forecast by Application
11.4.1. Telecommunication
11.4.2. Networking
11.4.3. Industrial
11.4.4. Automotive
11.4.5. Smart Grid Space
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Serial (SPI) NOR Flash Market Size and Volume Forecast by Type
11.7.1. Low Density
11.7.2. High Density
11.8. Bais Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth 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 Serial (SPI) NOR Flash Demand Share, 2019-2026
12. Asia Pacific Serial (SPI) NOR Flash 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 Serial (SPI) NOR Flash 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 Serial (SPI) NOR Flash Market Size and Volume Forecast by Application
12.4.1. Telecommunication
12.4.2. Networking
12.4.3. Industrial
12.4.4. Automotive
12.4.5. Smart Grid Space
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Serial (SPI) NOR Flash Market Size and Volume Forecast by Type
12.7.1. Low Density
12.7.2. High Density
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 Serial (SPI) NOR Flash Demand Share, 2019-2026
13. Middle East & Africa Serial (SPI) NOR Flash 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 Serial (SPI) NOR Flash 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 Serial (SPI) NOR Flash Market Size and Volume Forecast by Application
13.4.1. Telecommunication
13.4.2. Networking
13.4.3. Industrial
13.4.4. Automotive
13.4.5. Smart Grid Space
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Serial (SPI) NOR Flash Market Size and Volume Forecast by Type
13.7.1. Low Density
13.7.2. High Density
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 Serial (SPI) NOR Flash Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Serial (SPI) NOR Flash Market: Market Share Analysis
14.2. Serial (SPI) NOR Flash Distributors and Customers
14.3. Serial (SPI) NOR Flash Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Cypress
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Samsung
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Winbond
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Micron
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Macronix
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. ISSI
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Eon
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Microchip
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. GigaDevice
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
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
