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MRAM-Global Market Insights and Sales Trends 2024
Synopsis
MRAM, also known as magneto resistive RAM or magnetic RAM, is a type of non volatile RAM memory which uses magnetic charges in order to store data.
The global MRAM market size is expected to reach US$ 587.3 million by 2029, growing at a CAGR of 23.3% from 2023 to 2029. The market is mainly driven by the significant applications of MRAM in various end use industries. The expanding demands from the Aerospace, Automotive, Factory Automation and Enterprise Storage, are propelling MRAM market. Toggle MRAM, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the STT-MRAM segment is estimated at % CAGR for the next seven-year period.
Global core MRAM manufacturers include Everspin Technologies, Avalanche Technology, Honeywell etc.The top 3 companies hold a share about 47%.North America is the largest market, with a share about 75%, followed by Europe and Asia Pacific with the share about 15% and 5%.
In terms of product, toggle MRAM is the largest segment, with a share over 70%. And in terms of application, the largest application is aerospace, followed by automotive.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for MRAM, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global MRAM market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global MRAM market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, MRAM sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of MRAM covered in this report include Everspin Technologies, Avalanche Technology, Honeywell, Renesas, Crocus Nano Electronics, Samsung Electronics, Cobham and NVE Corporation, etc.
The global MRAM market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Everspin Technologies
Avalanche Technology
Honeywell
Renesas
Crocus Nano Electronics
Samsung Electronics
Cobham
NVE Corporation
Global MRAM market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global MRAM market, Segment by Type:
Toggle MRAM
STT-MRAM
Global MRAM market, by Application
Aerospace
Automotive
Factory Automation
Enterprise Storage
Internet of Things
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of MRAM manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of MRAM in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
MRAM, also known as magneto resistive RAM or magnetic RAM, is a type of non volatile RAM memory which uses magnetic charges in order to store data.
The global MRAM market size is expected to reach US$ 587.3 million by 2029, growing at a CAGR of 23.3% from 2023 to 2029. The market is mainly driven by the significant applications of MRAM in various end use industries. The expanding demands from the Aerospace, Automotive, Factory Automation and Enterprise Storage, are propelling MRAM market. Toggle MRAM, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the STT-MRAM segment is estimated at % CAGR for the next seven-year period.
Global core MRAM manufacturers include Everspin Technologies, Avalanche Technology, Honeywell etc.The top 3 companies hold a share about 47%.North America is the largest market, with a share about 75%, followed by Europe and Asia Pacific with the share about 15% and 5%.
In terms of product, toggle MRAM is the largest segment, with a share over 70%. And in terms of application, the largest application is aerospace, followed by automotive.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for MRAM, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global MRAM market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global MRAM market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, MRAM sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of MRAM covered in this report include Everspin Technologies, Avalanche Technology, Honeywell, Renesas, Crocus Nano Electronics, Samsung Electronics, Cobham and NVE Corporation, etc.
The global MRAM market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Everspin Technologies
Avalanche Technology
Honeywell
Renesas
Crocus Nano Electronics
Samsung Electronics
Cobham
NVE Corporation
Global MRAM market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global MRAM market, Segment by Type:
Toggle MRAM
STT-MRAM
Global MRAM market, by Application
Aerospace
Automotive
Factory Automation
Enterprise Storage
Internet of Things
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of MRAM manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of MRAM in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 MRAM Market Overview
1.1 MRAM Product Overview
1.2 MRAM Market Segment by Type
1.2.1 Toggle MRAM
1.2.2 STT-MRAM
1.3 Global MRAM Market Size by Type
1.3.1 Global MRAM Market Size Overview by Type (2018-2029)
1.3.2 Global MRAM Historic Market Size Review by Type (2018-2023)
1.3.3 Global MRAM Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America MRAM Sales Breakdown by Type (2018-2023)
1.4.2 Europe MRAM Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific MRAM Sales Breakdown by Type (2018-2023)
1.4.4 Latin America MRAM Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa MRAM Sales Breakdown by Type (2018-2023)
2 Global MRAM Market Competition by Company
2.1 Global Top Players by MRAM Sales (2018-2023)
2.2 Global Top Players by MRAM Revenue (2018-2023)
2.3 Global Top Players by MRAM Price (2018-2023)
2.4 Global Top Manufacturers MRAM Manufacturing Base Distribution, Sales Area, Product Type
2.5 MRAM Market Competitive Situation and Trends
2.5.1 MRAM Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by MRAM Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in MRAM as of 2022)
2.7 Date of Key Manufacturers Enter into MRAM Market
2.8 Key Manufacturers MRAM Product Offered
2.9 Mergers & Acquisitions, Expansion
3 MRAM Status and Outlook by Region
3.1 Global MRAM Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global MRAM Historic Market Size by Region
3.2.1 Global MRAM Sales in Volume by Region (2018-2023)
3.2.2 Global MRAM Sales in Value by Region (2018-2023)
3.2.3 Global MRAM Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global MRAM Forecasted Market Size by Region
3.3.1 Global MRAM Sales in Volume by Region (2024-2029)
3.3.2 Global MRAM Sales in Value by Region (2024-2029)
3.3.3 Global MRAM Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global MRAM by Application
4.1 MRAM Market Segment by Application
4.1.1 Aerospace
4.1.2 Automotive
4.1.3 Factory Automation
4.1.4 Enterprise Storage
4.1.5 Internet of Things
4.1.6 Others
4.2 Global MRAM Market Size by Application
4.2.1 Global MRAM Market Size Overview by Application (2018-2029)
4.2.2 Global MRAM Historic Market Size Review by Application (2018-2023)
4.2.3 Global MRAM Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America MRAM Sales Breakdown by Application (2018-2023)
4.3.2 Europe MRAM Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific MRAM Sales Breakdown by Application (2018-2023)
4.3.4 Latin America MRAM Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa MRAM Sales Breakdown by Application (2018-2023)
5 North America MRAM by Country
5.1 North America MRAM Historic Market Size by Country
5.1.1 North America MRAM Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America MRAM Sales in Volume by Country (2018-2023)
5.1.3 North America MRAM Sales in Value by Country (2018-2023)
5.2 North America MRAM Forecasted Market Size by Country
5.2.1 North America MRAM Sales in Volume by Country (2024-2029)
5.2.2 North America MRAM Sales in Value by Country (2024-2029)
6 Europe MRAM by Country
6.1 Europe MRAM Historic Market Size by Country
6.1.1 Europe MRAM Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe MRAM Sales in Volume by Country (2018-2023)
6.1.3 Europe MRAM Sales in Value by Country (2018-2023)
6.2 Europe MRAM Forecasted Market Size by Country
6.2.1 Europe MRAM Sales in Volume by Country (2024-2029)
6.2.2 Europe MRAM Sales in Value by Country (2024-2029)
7 Asia-Pacific MRAM by Region
7.1 Asia-Pacific MRAM Historic Market Size by Region
7.1.1 Asia-Pacific MRAM Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific MRAM Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific MRAM Sales in Value by Region (2018-2023)
7.2 Asia-Pacific MRAM Forecasted Market Size by Region
7.2.1 Asia-Pacific MRAM Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific MRAM Sales in Value by Region (2024-2029)
8 Latin America MRAM by Country
8.1 Latin America MRAM Historic Market Size by Country
8.1.1 Latin America MRAM Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America MRAM Sales in Volume by Country (2018-2023)
8.1.3 Latin America MRAM Sales in Value by Country (2018-2023)
8.2 Latin America MRAM Forecasted Market Size by Country
8.2.1 Latin America MRAM Sales in Volume by Country (2024-2029)
8.2.2 Latin America MRAM Sales in Value by Country (2024-2029)
9 Middle East and Africa MRAM by Country
9.1 Middle East and Africa MRAM Historic Market Size by Country
9.1.1 Middle East and Africa MRAM Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa MRAM Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa MRAM Sales in Value by Country (2018-2023)
9.2 Middle East and Africa MRAM Forecasted Market Size by Country
9.2.1 Middle East and Africa MRAM Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa MRAM Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Everspin Technologies
10.1.1 Everspin Technologies Company Information
10.1.2 Everspin Technologies Introduction and Business Overview
10.1.3 Everspin Technologies MRAM Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Everspin Technologies MRAM Products Offered
10.1.5 Everspin Technologies Recent Development
10.2 Avalanche Technology
10.2.1 Avalanche Technology Company Information
10.2.2 Avalanche Technology Introduction and Business Overview
10.2.3 Avalanche Technology MRAM Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Avalanche Technology MRAM Products Offered
10.2.5 Avalanche Technology Recent Development
10.3 Honeywell
10.3.1 Honeywell Company Information
10.3.2 Honeywell Introduction and Business Overview
10.3.3 Honeywell MRAM Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Honeywell MRAM Products Offered
10.3.5 Honeywell Recent Development
10.4 Renesas
10.4.1 Renesas Company Information
10.4.2 Renesas Introduction and Business Overview
10.4.3 Renesas MRAM Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Renesas MRAM Products Offered
10.4.5 Renesas Recent Development
10.5 Crocus Nano Electronics
10.5.1 Crocus Nano Electronics Company Information
10.5.2 Crocus Nano Electronics Introduction and Business Overview
10.5.3 Crocus Nano Electronics MRAM Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Crocus Nano Electronics MRAM Products Offered
10.5.5 Crocus Nano Electronics Recent Development
10.6 Samsung Electronics
10.6.1 Samsung Electronics Company Information
10.6.2 Samsung Electronics Introduction and Business Overview
10.6.3 Samsung Electronics MRAM Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Samsung Electronics MRAM Products Offered
10.6.5 Samsung Electronics Recent Development
10.7 Cobham
10.7.1 Cobham Company Information
10.7.2 Cobham Introduction and Business Overview
10.7.3 Cobham MRAM Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Cobham MRAM Products Offered
10.7.5 Cobham Recent Development
10.8 NVE Corporation
10.8.1 NVE Corporation Company Information
10.8.2 NVE Corporation Introduction and Business Overview
10.8.3 NVE Corporation MRAM Sales, Revenue and Gross Margin (2018-2023)
10.8.4 NVE Corporation MRAM Products Offered
10.8.5 NVE Corporation Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 MRAM Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 MRAM Industrial Chain Analysis
11.4 MRAM Market Dynamics
11.4.1 MRAM Industry Trends
11.4.2 MRAM Market Drivers
11.4.3 MRAM Market Challenges
11.4.4 MRAM Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 MRAM Distributors
12.3 MRAM Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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