The global spiTransfer torque devices market is expected to grow at a CAGR of 5.5% during the forecast period, from 2021 to 2030. The growth of this market is attributed to the increasing demand for electric vehicles and semiconductor lasers in various industries. The spiTransfer torque devices are used in electric vehicles as they provide high-speed data transfer between the vehicle and its surroundings, which helps in improving safety and efficiency. They are also used in semiconductor lasers as they help in transferring data between different layers of a chip, which improves performance and reduces power consumption.
Some Of The Growth Factors Of This Market:
- The increasing demand for energy efficient devices is expected to drive the growth of the market.
- The increasing use of renewable energy sources such as solar and wind power is expected to drive the growth of the market.
- The growing need for more efficient power generation systems is expected to drive the growth of the market.
- Increasing investments in research and development activities are expected to fuel the growth of this market over time, which will lead to new product launches and innovations in this field, thereby driving up demand for these products over time.
- Increasing awareness about environmental issues such as global warming, climate change, and air pollution are also likely to fuel demand for these products.
Industry Growth Insights published a new data on “Spin-Transfer Torque Devices Market”. The research report is titled “Spin-Transfer Torque Devices Market research by Types (Clockwise Spin, Counter Clockwise Spin), By Applications (Data Storage, Electric Vehicles, Industrial Motors, Semiconductor Lasers, Microwave Devices, Quantum Computing, Other), By Players/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”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Spin-Transfer Torque Devices 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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Spin-Transfer Torque Devices Market Report Segments:
The global Spin-Transfer Torque Devices 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 Spin-Transfer Torque Devices 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 Spin-Transfer Torque Devices 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
- 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?
Spin-transfer torque devices are a type of machine that use the principles of angular momentum to create rotational motion. These machines are used in a variety of industrial applications, including manufacturing and engineering.
Some of the major companies in the spin-transfer torque devices 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.
The spin-transfer torque devices market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Spin-Transfer Torque Devices 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. Spin-Transfer Torque Devices Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Spin-Transfer Torque Devices Market - Supply Chain
4.5. Global Spin-Transfer Torque Devices Market Forecast
4.5.1. Spin-Transfer Torque Devices Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Spin-Transfer Torque Devices Market Size (000 Units) and Y-o-Y Growth
4.5.3. Spin-Transfer Torque Devices Market Absolute $ Opportunity
5. Global Spin-Transfer Torque Devices 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. Spin-Transfer Torque Devices 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 Spin-Transfer Torque Devices 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. Spin-Transfer Torque Devices 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
6.3.7. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Spin-Transfer Torque Devices 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. Spin-Transfer Torque Devices 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 Spin-Transfer Torque Devices 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. Spin-Transfer Torque Devices 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 Spin-Transfer Torque Devices Demand Share Forecast, 2019-2026
9. North America Spin-Transfer Torque Devices 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 Spin-Transfer Torque Devices 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 Spin-Transfer Torque Devices 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
9.4.7. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Spin-Transfer Torque Devices 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 Spin-Transfer Torque Devices Demand Share Forecast, 2019-2026
10. Latin America Spin-Transfer Torque Devices 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 Spin-Transfer Torque Devices 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 Spin-Transfer Torque Devices 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
10.4.7. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Spin-Transfer Torque Devices 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 Spin-Transfer Torque Devices Demand Share Forecast, 2019-2026
11. Europe Spin-Transfer Torque Devices 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 Spin-Transfer Torque Devices 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 Spin-Transfer Torque Devices 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
11.4.7. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Spin-Transfer Torque Devices 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 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 Spin-Transfer Torque Devices Demand Share, 2019-2026
12. Asia Pacific Spin-Transfer Torque Devices 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 Spin-Transfer Torque Devices 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 Spin-Transfer Torque Devices 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
12.4.7. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Spin-Transfer Torque Devices 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 Spin-Transfer Torque Devices Demand Share, 2019-2026
13. Middle East & Africa Spin-Transfer Torque Devices 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 Spin-Transfer Torque Devices 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 Spin-Transfer Torque Devices 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
13.4.7. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Spin-Transfer Torque Devices 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 Spin-Transfer Torque Devices Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Spin-Transfer Torque Devices Market: Market Share Analysis
14.2. Spin-Transfer Torque Devices Distributors and Customers
14.3. Spin-Transfer Torque Devices Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Advanced MicroSensors, Corporation
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Applied Spintronics Technology
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Atomistix A/S
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. Everspin Technologies
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Freescale Semiconductor
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Intel Corporation
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. NVE Corporation
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Organic Spintronics s.r.l
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. QuantumWise A/S
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Rhomap Ltd
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Spin Transfer Technologies
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Spintronics International Pte
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