In this report, global MRAM Market will reach 134.09 Million USD by the end of 2022 with a CAGR of 23.03 %
The global MRAM market was valued at 47.58 Million USD in 2017 and will reach 134.09 Million USD by the end of 2022, growing at a CAGR of 23.03% during 2017-2022.
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.
According to a new study by XYZ-Research Non-volatile memories, such as MRAM and Resistive random Access Memory (RRAM/ReRAM), are expected to replace the existing volatile memories such as Dynamic Random Access Memory (DRAM) and Static Random-Access Memory (static RAM or SRAM). The replacement would be possible due to different benefits offered by the advance non-volatile memories. The existing flash memories are facing technological limits; and their further advancements are expected to increase their costs, thus, leading to the invention of non-volatile memories that are capable of avoiding data loss on power discharge. The major player of the MRAM mainly including Everspin Technologies Inc., Honeywell International Inc., NVE Corporation and Avalanche Technology Inc..
The standalone markets, such as wearables, embedded Multipoint Control Unit (MCU)s, Enterprise Storage, and storage class memories for enterprise storage, are expected to offer immense opportunities to the market.
The first generation MRAM and second generation Spin-Transfer Torque MRAM (STT-MRAM) are expected to replace traditional DRAMs and SRAMs. Initially, the prices associated with these memories are expected to be high, which would reduce with the increasing rates of developments.
Moreover, the increasing demand of these memories is predicted to promote the demand for equipment, used in their manufacturing. The manufacturing of these memories require specialized fabrication equipment, similar to those used in magnetic read sensors. Thus, promoting the growth of capital equipment required for manufacturing of non-volatile memories equipment.
Geographically, this report split global into several key Regions, with sales (K Units), revenue (M USD), market share and growth rate of MRAM for these regions, from 2014 to 2026 (forecast), covering
China
USA
Europe
Japan
Korea
India
Southeast Asia
South America
Global MRAM market competition by top manufacturers/players, with MRAM sales volume, Price (USD/Unit), revenue (M USD) and market share for each manufacturer/player; the top players including
Everspin Technologies Inc.
NVE Corporation
Honeywell International Inc.
Avalanche Technology Inc.
Toshiba
Spin Transfer Technologies
Samsung Electronics Co. Ltd.
TSMC
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Toggle MRAM
STT-MRAM
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate of MRAM for each application, including
Consumer Electronics
Robotics
Automotive
Enterprise Storage
Aerospace & Defense
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Summary:
Get latest Market Research Reports on MRAM Sales. Industry analysis & Market Report on MRAM Sales is a syndicated market report, published as Global MRAM Sales Market(Sales,Revenue and competitors Analysis of Major Market)from 2014-2026. It is complete Research Study and Industry Analysis of MRAM Sales market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.