Market Overview:
The global SST-MRAM 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 MRAMs in various applications, such as consumer electronics, robotics, automotive, enterprise storage and aerospace & defense. Additionally, the growing trend of miniaturization is also contributing to the growth of this market.
Product Definition:
SST-MRAM is a type of MRAM that utilizes spin-transfer torque to store data. It is important because it offers fast access times, high endurance, and low power consumption.
256 kb:
The global SST-MRAM market is expected to grow at a CAGR of XX% from 2016 to 2024. The growth can be attributed to the increasing demand for memory chips in smartphones, tablets, and laptops. 256Kb is one such type of memory chip used in SST-MRAM which has high usage rate and growth factor in this market.
1 Mb:
1MB is a unit of digital information. It can be defined as one thousand (Kilo) Bytes. 1 MB generally means computer memory capacity of 1024 Byte-sized units referred to as a Kilobit. The abbreviation “Mb” is often used for Mega Bit, which is the SI unit of computer memory capacity and it represents two million (Gigabyte) or three billion (Terabit) bits.
Application Insights:
The global SST-MRAM market has been segmented on the basis of application into consumer electronics, enterprise storage, robotics, automotive and aerospace & defense. The consumer electronics segment is expected to emerge as the fastest growing application over the forecast period owing to increasing demand for smartphones and wearable devices. Enterprise storage is also estimated to witness significant growth in near future due largely on factors such as high data traffic rates across all major economies coupled with surging demand for cloud computing services.
The use of MRAM as a substitute memory device in mobile phones has increased significantly over recent years owing to its higher endurance compared with conventional flash based systems used in smartwatches and tablets. Moreover, rising adoption of 4G technology along with cloud computing services is anticipated fuel industry expansion further during the forecast period.
Regional Analysis:
The North American regional market dominated the global SST-MRAM industry in 2016. The growth of this region can be attributed to the presence of major players such as Micron Technology, Inc.; Intel Corporation; and Qualcomm Inc., which are engaged in developing and commercializing advanced semiconductor technologies for high performance computing, consumer electronics, networking devices, and automotive applications.
Asia Pacific is expected to emerge as a lucrative regional market over the forecast period owing to increasing demand from emerging economies such as China and India. The growing adoption of SST-based memory chips across various application segments including networking & communication systems; automotive; enterprise storage & data centers; industrial applications will drive growth over the next eight years. Furthermore, rising investments by governments in R&D activities related to nanotechnology are anticipated to fuel demand for MRAM technology across Asia Pacific region during the forecast period.
Growth Factors:
- Increasing demand for fast, non-volatile and energy-efficient memory solutions in various applications such as consumer electronics, automotive, industrial and data centers.
- Growing popularity of SSDs over traditional hard drives due to their higher performance levels. This is expected to boost the demand for SST-MRAMs as they can offer similar performance levels while consuming less power.
- The increasing trend of miniaturization in electronic devices is also expected to drive the market for SST-MRAMs as these chips can be integrated into smaller form factors without compromising on performance or storage capacity requirements.
- Rapid advancements in 3D printing technology are likely to provide a major impetus to the market growth as it would enable manufacturers to produce customized SST-MRAM products as per specific application requirements at lower costs.
Scope Of The Report
Report Attributes
Report Details
Report Title
SST-MRAM Market Research Report
By Type
256 kb, 1 Mb, 4 Mb, 16 Mb
By Application
Consumer Electronics, Robotics, Automotive, Enterprise Storage, Aerospace & Defense
By Companies
EverSpin, NVE Corporation, Honeywell, Avalanche Technology Inc.
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global SST-MRAM Market Report Segments:
The global SST-MRAM market is segmented on the basis of:
Types
256 kb, 1 Mb, 4 Mb, 16 Mb
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
Consumer Electronics, Robotics, Automotive, Enterprise Storage, Aerospace & Defense
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:
- EverSpin
- NVE Corporation
- Honeywell
- Avalanche Technology Inc.
Highlights of The SST-MRAM 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:
- 256 kb
- 1 Mb
- 4 Mb
- 16 Mb
- By Application:
- Consumer Electronics
- Robotics
- Automotive
- Enterprise Storage
- Aerospace & Defense
- 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 SST-MRAM 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?
SST-MRAM is a type of nonvolatile memory that uses the magnetization of a ferromagnetic material to store data. When power is removed, the data remains stored in SST-MRAM because it relies on the magnetic properties of the material.
Some of the key players operating in the sst-mram market are EverSpin, NVE Corporation, Honeywell, Avalanche Technology Inc..
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. SST-MRAM 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. SST-MRAM Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. SST-MRAM Market - Supply Chain
4.5. Global SST-MRAM Market Forecast
4.5.1. SST-MRAM Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. SST-MRAM Market Size (000 Units) and Y-o-Y Growth
4.5.3. SST-MRAM Market Absolute $ Opportunity
5. Global SST-MRAM 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. SST-MRAM Market Size and Volume Forecast by Type
5.3.1. 256 kb
5.3.2. 1 Mb
5.3.3. 4 Mb
5.3.4. 16 Mb
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global SST-MRAM 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. SST-MRAM Market Size and Volume Forecast by Application
6.3.1. Consumer Electronics
6.3.2. Robotics
6.3.3. Automotive
6.3.4. Enterprise Storage
6.3.5. Aerospace & Defense
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global SST-MRAM 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. SST-MRAM 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 SST-MRAM 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. SST-MRAM 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 SST-MRAM Demand Share Forecast, 2019-2026
9. North America SST-MRAM 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 SST-MRAM 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 SST-MRAM Market Size and Volume Forecast by Application
9.4.1. Consumer Electronics
9.4.2. Robotics
9.4.3. Automotive
9.4.4. Enterprise Storage
9.4.5. Aerospace & Defense
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America SST-MRAM Market Size and Volume Forecast by Type
9.7.1. 256 kb
9.7.2. 1 Mb
9.7.3. 4 Mb
9.7.4. 16 Mb
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 SST-MRAM Demand Share Forecast, 2019-2026
10. Latin America SST-MRAM 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 SST-MRAM 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 SST-MRAM Market Size and Volume Forecast by Application
10.4.1. Consumer Electronics
10.4.2. Robotics
10.4.3. Automotive
10.4.4. Enterprise Storage
10.4.5. Aerospace & Defense
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America SST-MRAM Market Size and Volume Forecast by Type
10.7.1. 256 kb
10.7.2. 1 Mb
10.7.3. 4 Mb
10.7.4. 16 Mb
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 SST-MRAM Demand Share Forecast, 2019-2026
11. Europe SST-MRAM 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 SST-MRAM 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 SST-MRAM Market Size and Volume Forecast by Application
11.4.1. Consumer Electronics
11.4.2. Robotics
11.4.3. Automotive
11.4.4. Enterprise Storage
11.4.5. Aerospace & Defense
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe SST-MRAM Market Size and Volume Forecast by Type
11.7.1. 256 kb
11.7.2. 1 Mb
11.7.3. 4 Mb
11.7.4. 16 Mb
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Maret 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 SST-MRAM Demand Share, 2019-2026
12. Asia Pacific SST-MRAM 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 SST-MRAM 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 SST-MRAM Market Size and Volume Forecast by Application
12.4.1. Consumer Electronics
12.4.2. Robotics
12.4.3. Automotive
12.4.4. Enterprise Storage
12.4.5. Aerospace & Defense
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific SST-MRAM Market Size and Volume Forecast by Type
12.7.1. 256 kb
12.7.2. 1 Mb
12.7.3. 4 Mb
12.7.4. 16 Mb
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 SST-MRAM Demand Share, 2019-2026
13. Middle East & Africa SST-MRAM 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 SST-MRAM 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 SST-MRAM Market Size and Volume Forecast by Application
13.4.1. Consumer Electronics
13.4.2. Robotics
13.4.3. Automotive
13.4.4. Enterprise Storage
13.4.5. Aerospace & Defense
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa SST-MRAM Market Size and Volume Forecast by Type
13.7.1. 256 kb
13.7.2. 1 Mb
13.7.3. 4 Mb
13.7.4. 16 Mb
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 SST-MRAM Demand Share, 2019-2026
14. Competition Landscape
14.1. Global SST-MRAM Market: Market Share Analysis
14.2. SST-MRAM Distributors and Customers
14.3. SST-MRAM Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. EverSpin
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. NVE Corporation
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Honeywell
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Avalanche Technology Inc.
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. COMPANY5
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
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