Global Magneto Resistive RAM (MRAM) Market to Reach $1. 7 Billion by 2027. Amid the COVID-19 crisis, the global market for Magneto Resistive RAM (MRAM) estimated at US$169. 1 Million in the year 2020, is projected to reach a revised size of US$1.
New York, Aug. 18, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Magneto Resistive RAM (MRAM) Industry" - https://www.reportlinker.com/p05820699/?utm_source=GNW 7 Billion by 2027, growing at a CAGR of 38.6% over the analysis period 2020-2027. Consumer Electronics, one of the segments analyzed in the report, is projected to record a 42.9% CAGR and reach US$584.6 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Robotics segment is readjusted to a revised 35.4% CAGR for the next 7-year period.
The U.S. Market is Estimated at $51.2 Million, While China is Forecast to Grow at 36.2% CAGR
The Magneto Resistive RAM (MRAM) market in the U.S. is estimated at US$51.2 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$261.3 Million by the year 2027 trailing a CAGR of 36.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 35.6% and 32.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 25.6% CAGR.
Automotive Segment to Record 32.4% CAGR
In the global Automotive segment, USA, Canada, Japan, China and Europe will drive the 32.3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$17.4 Million in the year 2020 will reach a projected size of US$123.1 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$200.4 Million by the year 2027.We bring years of research experience to this 8th edition of our report. The 122-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others,
1. MARKET OVERVIEW Evolving Capabilities Present Magneto Resistive RAM (MRAM) as a Promising Memory Technology of the Future Performance Enhancements Expected through 2021 - A Comparison of NVM, SRAM, MDRAM and DRAM Technologies Potential MRAM Performance Attributes in IoT, Mobile Computing and Enterprise Segments Global MRAM Market: Percentage Breakdown of Revenues by Type for STT-RAM and Toggle MRAM for the Years 2016, 2018 and 2021 Magneto Resistive RAM (MRAM) Market in Asia-Pacific: Percentage Breakdown of Revenues by Type for 2019 and 2025 Competition A Review of Major Players in the MRAM Market Global Magneto Resistive RAM (MRAM) Market: Percentage Breakdown of Sales by Leading Players for 2019E Global Competitor Market Shares Magneto Resistive RAM (MRAM) Competitor Market Share Scenario Worldwide (in %): 2019 & 2025 Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS MRAM Set to Emerge as Persistent Memory for Numerous Applications MRAM Moves into Embedded Space Increasing Competitiveness of Embedded MRAM (eMRAM) with Other Memory Technologies: Price in $/Gb by Memory Type for the Years 2018, 2020, 2022, 2024 and 2026 eMRAM Holds an Edge Over Other Memory Technologies: Comparing Power, Performance, Area, Cost and Availability of SRAM, eMRAM, eFLASH, PCM, RRAM, and FeFET Second Generation STT-MRAM to Grab Growing Share of MRAM Market STT-MRAM Finally Comes to Market Replacing Embedded NOR Flash STT-RAM to Emerge as a Potential Leading Memory Type in the Embedded Emerging Non-Volatile Memory (NVM) Market Emerging Non-Volatile Memory (NVM) Market: Percentage Breakdown of Revenues in Standalone and Embedded Memory Segments by RRAM, STT-MRAM and PCM Challenges Confronting Fabrication and Testing of STT-RAM Potential for MRAM to Replace SRAM and DRAM Growing Memory Requirements of Data Centers to Propel MRAM Market Data Centers Continue to Gain Importance: Presenting Opportunities for MRAM Market Worldwide Hyperscale Data Center Market - Number of Data Centers for the Years 2018, 2019, 2021 and 2023 Data Center IP Traffic Growth Worldwide - Annual IP Traffic in Zettabytes Per Year for the Period 2017-2021 Power, Cost, and Time Saving Advantages of STT-MRAM to Drive Adoption in Hyperscale Data Centers Embedded MRAM Emerges as a Promising Technology for IoT Devices, Artificial Intelligence and Machine Learning Mission Critical End-Points of MRAM MRAM Opportunity in IoT Space: Global IoT Market: Annual Revenues in $ Billion for the Years 2018, 2020, 2022 and 2024 Rapidly Growing AI/ML Market Presents Growth Opportunities for MRAM Adoption: Global Deep Learning Chipset Market Revenues in US$ Billion for the Years 2019, 2021, 2023 and 2025 Samsung Commences Shipments of Resistive eMRAM for IoT Chips Intel and Samsung Focus on Embedded MRAM Technologies for IoT Devices MRAM Emerges as a Possible Option for Post-Flash Solid-State Storage Innovations & Advancements Everspin Commences Shipment of World?s Foremost Pre-Production 28 nm 1 Gb STT-MRAM Products Spin Memory and Applied Materials Develop Embedded MRAM Solution Intel?s STT-MRAM Technology On the Path to Mass Production Gyrfalcon Technology Incorporates MRAM in ASIC for AI PRODUCT OVERVIEW Defining Computer Memory Types and Comparison of Memory Types Magneto Resistive RAM (MRAM) Need for MRAM MRAM VS Other Memory Types Types of MRAM Toggle MRAM Spin-Torque Switched MRAM (STT-RAM)
4. GLOBAL MARKET PERSPECTIVE Table 1: Magneto Resistive RAM (MRAM) Global Market Estimates and Forecasts in US$ by Region/Country: 2020-2027
Table 2: Magneto Resistive RAM (MRAM) Market Share Shift across Key Geographies Worldwide: 2020 VS 2027
Table 3: Consumer Electronics (Application) Global Opportunity Assessment in US$ by Region/Country: 2020-2027
Table 4: Consumer Electronics (Application) Percentage Share Breakdown of Global Sales by Region/Country: 2020 VS 2027
Table 5: Robotics (Application) Worldwide Sales in US$ by Region/Country: 2020-2027
Table 6: Robotics (Application) Market Share Shift across Key Geographies: 2020 VS 2027
Table 7: Automotive (Application) Global Market Estimates & Forecasts in US$ by Region/Country: 2020-2027
Table 8: Automotive (Application) Market Share Breakdown by Region/Country: 2020 VS 2027
Table 9: Enterprise Storage (Application) Demand Potential Worldwide in US$ by Region/Country: 2020-2027
Table 10: Enterprise Storage (Application) Share Breakdown Review by Region/Country: 2020 VS 2027
Table 11: Aerospace & Defense (Application) Worldwide Latent Demand Forecasts in US$ by Region/Country: 2020-2027
Table 12: Aerospace & Defense (Application) Distribution of Global Sales by Region/Country: 2020 VS 2027
Table 13: Other Applications (Application) Sales Estimates and Forecasts in US$ by Region/Country for the Years 2020 through 2027
Table 14: Other Applications (Application) Global Market Share Distribution by Region/Country for 2020 and 2027
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES Market Facts & Figures US Magneto Resistive RAM (MRAM) Market Share (in %) by Company: 2019 & 2025 Market Analytics Table 15: United States Magneto Resistive RAM (MRAM) Latent Demand Forecasts in US$ by Application: 2020 to 2027
Table 16: Magneto Resistive RAM (MRAM) Market Share Breakdown in the United States by Application: 2020 VS 2027
CANADA Table 17: Canadian Magneto Resistive RAM (MRAM) Market Quantitative Demand Analysis in US$ by Application: 2020 to 2027
Table 18: Canadian Magneto Resistive RAM (MRAM) Market Share Analysis by Application: 2020 VS 2027
JAPAN Table 19: Japanese Demand Estimates and Forecasts for Magneto Resistive RAM (MRAM) in US$ by Application: 2020 to 2027
Table 20: Magneto Resistive RAM (MRAM) Market Share Shift in Japan by Application: 2020 VS 2027
CHINA Table 21: Chinese Demand for Magneto Resistive RAM (MRAM) in US$ by Application: 2020 to 2027
Table 22: Chinese Magneto Resistive RAM (MRAM) Market Share Breakdown by Application: 2020 VS 2027
EUROPE Market Facts & Figures European Magneto Resistive RAM (MRAM) Market: Competitor Market Share Scenario (in %) for 2019 & 2025 Market Analytics Table 23: European Magneto Resistive RAM (MRAM) Market Demand Scenario in US$ by Region/Country: 2018-2025
Table 24: European Magneto Resistive RAM (MRAM) Market Share Shift by Region/Country: 2020 VS 2027
Table 25: European Magneto Resistive RAM (MRAM) Addressable Market Opportunity in US$ by Application: 2020-2027
Table 26: European Magneto Resistive RAM (MRAM) Market Share Analysis by Application: 2020 VS 2027
FRANCE Table 27: Magneto Resistive RAM (MRAM) Quantitative Demand Analysis in France in US$ by Application: 2020-2027
Table 28: French Magneto Resistive RAM (MRAM) Market Share Analysis: A 7-Year Perspective by Application for 2020 and 2027
GERMANY Table 29: Magneto Resistive RAM (MRAM) Market in Germany: Annual Sales Estimates and Forecasts in US$ by Application for the Period 2020-2027
Table 30: Magneto Resistive RAM (MRAM) Market Share Distribution in Germany by Application: 2020 VS 2027
ITALY Table 31: Italian Demand for Magneto Resistive RAM (MRAM) in US$ by Application: 2020 to 2027
Table 32: Italian Magneto Resistive RAM (MRAM) Market Share Breakdown by Application: 2020 VS 2027
UNITED KINGDOM Table 33: United Kingdom Demand Estimates and Forecasts for Magneto Resistive RAM (MRAM) in US$ by Application: 2020 to 2027
Table 34: Magneto Resistive RAM (MRAM) Market Share Shift in the United Kingdom by Application: 2020 VS 2027
REST OF EUROPE Table 35: Rest of Europe Magneto Resistive RAM (MRAM) Addressable Market Opportunity in US$ by Application: 2020-2027
Table 36: Rest of Europe Magneto Resistive RAM (MRAM) Market Share Analysis by Application: 2020 VS 2027
ASIA-PACIFIC Table 37: Magneto Resistive RAM (MRAM) Quantitative Demand Analysis in Asia-Pacific in US$ by Application: 2020-2027
Table 38: Asia-Pacific Magneto Resistive RAM (MRAM) Market Share Analysis: A 7-Year Perspective by Application for 2020 and 2027
REST OF WORLD Table 39: Rest of World Magneto Resistive RAM (MRAM) Market Quantitative Demand Analysis in US$ by Application: 2020 to 2027
Table 40: Rest of World Magneto Resistive RAM (MRAM) Market Share Analysis by Application: 2020 VS 2027
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