Magneto Resistive RAM (MRAM) Market Analysis By Type (Toggle, Spin-Transfer Torque), By Application (Consumer Electronics, Robotics, Automotive, Enterprise Storage, Aerospace), By Region, And Segment Forecasts, 2014 - 2025
The global magneto resistive RAM (MRAM) market is expected to reach USD 4.80 billion by 2025, according to a new study by Grand View Research, Inc. 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 standalone markets, such as wearables, embedded Multipoint Control Unit (MCU)s, smart cards, 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.
The market may face challenges due to its complex structure and high costs of manufacturing of memories. However, these challenges can be circumvented by technological advancements and increased production.
Further key findings from the study suggest:
The North American region dominated the market, accounting for more than 36% of the total market revenue, owing to the presence of leading players and growing R&D activities
STT-MRAM is expected to maintain market dominance due to its wide application, higher performance, thermal stability, and greater compatibility
The Asia Pacific region is predicted to emerge as the fastest-growing market due to the increased penetration of cloud computing and improvements in the present infrastructures of data centers, in developing nations
Strategic partnerships accompanied, by the increasing innovation and research & development activities, are being observed in the industry
The prominent vendors operating in the market include Avalanche Technology, Inc., Everspin Technologies, Inc., Spin Transfer Technologies, Toshiba Corporation, and Crocus Nano Electronics LLC
The standalone markets, such as wearables, embedded Multipoint Control Unit (MCU)s, smart cards, 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.
The market may face challenges due to its complex structure and high costs of manufacturing of memories. However, these challenges can be circumvented by technological advancements and increased production.
Further key findings from the study suggest:
The North American region dominated the market, accounting for more than 36% of the total market revenue, owing to the presence of leading players and growing R&D activities
STT-MRAM is expected to maintain market dominance due to its wide application, higher performance, thermal stability, and greater compatibility
The Asia Pacific region is predicted to emerge as the fastest-growing market due to the increased penetration of cloud computing and improvements in the present infrastructures of data centers, in developing nations
Strategic partnerships accompanied, by the increasing innovation and research & development activities, are being observed in the industry
The prominent vendors operating in the market include Avalanche Technology, Inc., Everspin Technologies, Inc., Spin Transfer Technologies, Toshiba Corporation, and Crocus Nano Electronics LLC
CHAPTER 1 METHODOLOGY AND SCOPE
1.1 Research Methodology
1.2 Research Scope and Assumptions
1.3 List of Data Sources
CHAPTER 2 EXECUTIVE SUMMARY
2.1 MRAM - Industry Snapshot & Key Buying Criteria, 2014 - 2025
2.1.1 Global MRAM market, 2014 - 2025
CHAPTER 3 MAGNETO RESISTIVE RAM (MRAM) MARKET VARIABLES, TRENDS, AND SCOPE
3.1 Market Segmentation & Scope
3.2 Market size and Growth Prospects
3.3 Magneto Resistive RAM - Market Dynamics
3.3.1 Market Driver Analysis
3.3.2 Market Restraint/Challenge Analysis
3.4 Penetration & Growth Prospect Mapping
3.5 Porter’s Five Forces Analysis
3.6 Magneto Resistive RAM (MRAM) Market Competitor Analysis/ Key Company Analysis, 2015
3.7 Magneto Resistive RAM (MRAM) Market PESTEL
CHAPTER 4 MAGNETO RESISTIVE RAM (MRAM) MARKET TYPE OUTLOOK
4.1 Global Magneto Resistive RAM (MRAM) Market Share by type, 2015 & 2025
4.2 Toggle MRAM
4.2.1 Toggle MRAM market, by region, 2014 - 2025 (USD Million)
4.3 Spin-Transfer Torque MRAM (STT-MRAM)
4.3.1 Spin-Transfer Torque MRAM (STT-MRAM) market, by region, 2014 - 2025 (USD Million)
CHAPTER 5 MAGNETO RESISTIVE RAM MARKET: APPLICATION ESTIMATES & TREND ANALYSIS
5.1 Magneto Resistive RAM (MRAM) Market Share by application, 2015 & 2025
5.2 Consumer Electronics
5.2.1 Consumer Electronics MRAM market, by region, 2014 - 2025 (USD Million)
5.3 Robotics
5.3.1 Robotics MRAM market, by region, 2014 - 2025 (USD Million)
5.4 Automotive
5.4.1 Automotive MRAM market, by region, 2014 - 2025 (USD Million)
5.5 Enterprise Storage
5.5.1 Enterprise Storage MRAM market, by region, 2014 - 2025 (USD Million)
5.6 Aerospace & Defense
5.6.1 Aerospace & Defense MRAM market, by region, 2014 - 2025 (USD Million)
5.7 Others
5.7.1 Others MRAM market, by region, 2014 - 2025 (USD Million)
CHAPTER 6 MAGNETO RESISTIVE RAM MARKET: REGIONAL ESTIMATES & TREND ANALYSIS
6.1 Magneto Resistive RAM (MRAM) Market Share by region, 2015 & 2025
6.2 North America
6.2.1 North America MRAM market, 2014 - 2025
6.2.2 North America MRAM market, by type, 2014 - 2025
6.2.3 North America MRAM market, by application, 2014 - 2025
6.3 Europe
6.3.1 Europe MRAM market, 2014 - 2025
6.3.2 Europe MRAM market, by type, 2014 - 2025
6.3.3 Europe MRAM market, by application, 2014 - 2025
6.3.4 Russia
6.3.4.1 Russia MRAM market, 2014 - 2025
6.3.4.2 Russia MRAM market, by type, 2014 - 2025
6.3.4.3 Russia MRAM market, by application, 2014 - 2025
6.4 Asia Pacific
6.4.1 Asia Pacific MRAM market, 2014 - 2025
6.4.2 Asia Pacific MRAM market, by type, 2014 - 2025
6.4.3 Asia Pacific MRAM market, by application, 2014 - 2025
6.5 RoW
6.5.1 RoW MRAM market, 2014 - 2025
6.5.2 RoW MRAM market, by type, 2014 - 2025
6.5.3 RoW MRAM market, by application, 2014 - 2025
CHAPTER 7 COMPETITIVE LANDSCAPE
7.1 Avalanche Technology, Inc.
7.1.1 Company overview
7.1.2 Financial performance
7.1.3 Product benchmarking
7.1.4 Strategic initiatives
7.2 Everspin Technologies, Inc.
7.2.1 Company overview
7.2.2 Financial performance
7.2.3 Product benchmarking
7.2.4 Strategic initiatives
7.3 Honeywell International, Inc.
7.3.1 Company overview
7.3.2 Financial performance
7.3.3 Product benchmarking
7.3.4 Strategic initiatives
7.4 Intel Corporation
7.4.1 Company overview
7.4.2 Financial performance
7.4.3 Product benchmarking
7.4.4 Strategic initiatives
7.5 NVE Corporation
7.5.1 Company overview
7.5.2 Financial performance
7.5.3 Product benchmarking
7.5.4 Strategic initiatives
7.6 Qualcomm Incorporated
7.6.1 Company overview
7.6.2 Financial performance
7.6.3 Product benchmarking
7.6.4 Strategic initiatives
7.7 Samsung Electronics Co. Ltd.
7.7.1 Company overview
7.7.2 Financial performance
7.7.3 Product benchmarking
7.7.4 Strategic initiatives
7.8 Spin Transfer Technologies
7.8.1 Company overview
7.8.2 Financial performance
7.8.3 Product benchmarking
7.8.4 Strategic initiatives
7.9 Toshiba Corporation
7.9.1 Company overview
7.9.2 Financial performance
7.9.3 Product benchmarking
7.9.4 Strategic initiatives
7.10 Crocus Nano Electronics LLC
7.10.1 Company overview
7.10.2 Financial performance
7.10.3 Product benchmarking
7.10.4 Strategic initiatives
1.1 Research Methodology
1.2 Research Scope and Assumptions
1.3 List of Data Sources
CHAPTER 2 EXECUTIVE SUMMARY
2.1 MRAM - Industry Snapshot & Key Buying Criteria, 2014 - 2025
2.1.1 Global MRAM market, 2014 - 2025
CHAPTER 3 MAGNETO RESISTIVE RAM (MRAM) MARKET VARIABLES, TRENDS, AND SCOPE
3.1 Market Segmentation & Scope
3.2 Market size and Growth Prospects
3.3 Magneto Resistive RAM - Market Dynamics
3.3.1 Market Driver Analysis
3.3.2 Market Restraint/Challenge Analysis
3.4 Penetration & Growth Prospect Mapping
3.5 Porter’s Five Forces Analysis
3.6 Magneto Resistive RAM (MRAM) Market Competitor Analysis/ Key Company Analysis, 2015
3.7 Magneto Resistive RAM (MRAM) Market PESTEL
CHAPTER 4 MAGNETO RESISTIVE RAM (MRAM) MARKET TYPE OUTLOOK
4.1 Global Magneto Resistive RAM (MRAM) Market Share by type, 2015 & 2025
4.2 Toggle MRAM
4.2.1 Toggle MRAM market, by region, 2014 - 2025 (USD Million)
4.3 Spin-Transfer Torque MRAM (STT-MRAM)
4.3.1 Spin-Transfer Torque MRAM (STT-MRAM) market, by region, 2014 - 2025 (USD Million)
CHAPTER 5 MAGNETO RESISTIVE RAM MARKET: APPLICATION ESTIMATES & TREND ANALYSIS
5.1 Magneto Resistive RAM (MRAM) Market Share by application, 2015 & 2025
5.2 Consumer Electronics
5.2.1 Consumer Electronics MRAM market, by region, 2014 - 2025 (USD Million)
5.3 Robotics
5.3.1 Robotics MRAM market, by region, 2014 - 2025 (USD Million)
5.4 Automotive
5.4.1 Automotive MRAM market, by region, 2014 - 2025 (USD Million)
5.5 Enterprise Storage
5.5.1 Enterprise Storage MRAM market, by region, 2014 - 2025 (USD Million)
5.6 Aerospace & Defense
5.6.1 Aerospace & Defense MRAM market, by region, 2014 - 2025 (USD Million)
5.7 Others
5.7.1 Others MRAM market, by region, 2014 - 2025 (USD Million)
CHAPTER 6 MAGNETO RESISTIVE RAM MARKET: REGIONAL ESTIMATES & TREND ANALYSIS
6.1 Magneto Resistive RAM (MRAM) Market Share by region, 2015 & 2025
6.2 North America
6.2.1 North America MRAM market, 2014 - 2025
6.2.2 North America MRAM market, by type, 2014 - 2025
6.2.3 North America MRAM market, by application, 2014 - 2025
6.3 Europe
6.3.1 Europe MRAM market, 2014 - 2025
6.3.2 Europe MRAM market, by type, 2014 - 2025
6.3.3 Europe MRAM market, by application, 2014 - 2025
6.3.4 Russia
6.3.4.1 Russia MRAM market, 2014 - 2025
6.3.4.2 Russia MRAM market, by type, 2014 - 2025
6.3.4.3 Russia MRAM market, by application, 2014 - 2025
6.4 Asia Pacific
6.4.1 Asia Pacific MRAM market, 2014 - 2025
6.4.2 Asia Pacific MRAM market, by type, 2014 - 2025
6.4.3 Asia Pacific MRAM market, by application, 2014 - 2025
6.5 RoW
6.5.1 RoW MRAM market, 2014 - 2025
6.5.2 RoW MRAM market, by type, 2014 - 2025
6.5.3 RoW MRAM market, by application, 2014 - 2025
CHAPTER 7 COMPETITIVE LANDSCAPE
7.1 Avalanche Technology, Inc.
7.1.1 Company overview
7.1.2 Financial performance
7.1.3 Product benchmarking
7.1.4 Strategic initiatives
7.2 Everspin Technologies, Inc.
7.2.1 Company overview
7.2.2 Financial performance
7.2.3 Product benchmarking
7.2.4 Strategic initiatives
7.3 Honeywell International, Inc.
7.3.1 Company overview
7.3.2 Financial performance
7.3.3 Product benchmarking
7.3.4 Strategic initiatives
7.4 Intel Corporation
7.4.1 Company overview
7.4.2 Financial performance
7.4.3 Product benchmarking
7.4.4 Strategic initiatives
7.5 NVE Corporation
7.5.1 Company overview
7.5.2 Financial performance
7.5.3 Product benchmarking
7.5.4 Strategic initiatives
7.6 Qualcomm Incorporated
7.6.1 Company overview
7.6.2 Financial performance
7.6.3 Product benchmarking
7.6.4 Strategic initiatives
7.7 Samsung Electronics Co. Ltd.
7.7.1 Company overview
7.7.2 Financial performance
7.7.3 Product benchmarking
7.7.4 Strategic initiatives
7.8 Spin Transfer Technologies
7.8.1 Company overview
7.8.2 Financial performance
7.8.3 Product benchmarking
7.8.4 Strategic initiatives
7.9 Toshiba Corporation
7.9.1 Company overview
7.9.2 Financial performance
7.9.3 Product benchmarking
7.9.4 Strategic initiatives
7.10 Crocus Nano Electronics LLC
7.10.1 Company overview
7.10.2 Financial performance
7.10.3 Product benchmarking
7.10.4 Strategic initiatives
LIST OF TABLES
Table 1 MRAM - Industry snapshot & key buying criteria, 2014 - 2025
Table 2 Global MRAM market, 2014 - 2025 (USD Million)
Table 3 Global MRAM market by region, 2014 - 2025 (USD Million)
Table 4 Global MRAM market by type, 2014 - 2025 (USD Million)
Table 5 Global MRAM market by application, 2014 - 2025 (USD Million)
Table 6 MRAM - Key market driver impact
Table 7 MRAM - Key market restraint impact
Table 8 MRAM market, by toggle MRAM, 2014 - 2025 (USD Million)
Table 9 Toggle MRAM, MRAM market, by region, 2014 - 2025 (USD Million)
Table 10 MRAM Market, by spin-transfer torque MRAM, 2014 - 2025 (USD Million)
Table 11 Spin-transfer torque MRAM, MRAM market, by region, 2014 - 2025 (USD Million)
Table 12 MRAM market in consumer electronics, 2014 - 2025 (USD Million)
Table 13 MRAM market in consumer electronics, by region, 2014 - 2025 (USD Million)
Table 14 MRAM market in robotics, 2014 - 2025 (USD Million)
Table 15 MRAM market in robotics, by region, 2014 - 2025 (USD Million)
Table 16 MRAM market in automotive, 2014 - 2025 (USD Million)
Table 17 MRAM market in automotive, by region, 2014 - 2025 (USD Million)
Table 18 MRAM market in enterprise storage, 2014 - 2025 (USD Million)
Table 19 MRAM market in enterprise storage, by region, 2014 - 2025 (USD Million)
Table 20 MRAM market in aerospace & defense, 2014 - 2025 (USD Million)
Table 21 MRAM market in aerospace & defense, by region, 2014 - 2025 (USD Million)
Table 22 MRAM market in others, 2014 - 2025 (USD Million)
Table 23 MRAM market in others, by region, 2014 - 2025 (USD Million)
Table 24 North America MRAM market, 2014 - 2025 (USD Million)
Table 25 North America MRAM market, by type, 2014 - 2025 (USD Million)
Table 26 North America MRAM market, by application, 2014 - 2025 (USD Million)
Table 27 Europe MRAM market, 2014 - 2025 (USD Million)
Table 28 Europe MRAM market, by type, 2014 - 2025 (USD Million)
Table 29 Europe MRAM market, by application, 2014 - 2025 (USD Million)
Table 30 Russia MRAM market, 2014 - 2025 (USD Million)
Table 31 Russia MRAM market, by type, 2014 - 2025 (USD Million)
Table 32 Russia MRAM market, by application, 2014 - 2025 (USD Million)
Table 33 Asia Pacific MRAM market, 2014 - 2025 (USD Million)
Table 34 Asia Pacific MRAM market, by type, 2014 - 2025 (USD Million)
Table 35 Asia Pacific MRAM market, by application, 2014 - 2025 (USD Million)
Table 36 RoW MRAM market, 2014 - 2025 (USD Million)
Table 37 RoW MRAM market, by type, 2014 - 2025 (USD Million)
Table 38 RoW MRAM market, by application, 2014 - 2025 (USD Million)
Table 1 MRAM - Industry snapshot & key buying criteria, 2014 - 2025
Table 2 Global MRAM market, 2014 - 2025 (USD Million)
Table 3 Global MRAM market by region, 2014 - 2025 (USD Million)
Table 4 Global MRAM market by type, 2014 - 2025 (USD Million)
Table 5 Global MRAM market by application, 2014 - 2025 (USD Million)
Table 6 MRAM - Key market driver impact
Table 7 MRAM - Key market restraint impact
Table 8 MRAM market, by toggle MRAM, 2014 - 2025 (USD Million)
Table 9 Toggle MRAM, MRAM market, by region, 2014 - 2025 (USD Million)
Table 10 MRAM Market, by spin-transfer torque MRAM, 2014 - 2025 (USD Million)
Table 11 Spin-transfer torque MRAM, MRAM market, by region, 2014 - 2025 (USD Million)
Table 12 MRAM market in consumer electronics, 2014 - 2025 (USD Million)
Table 13 MRAM market in consumer electronics, by region, 2014 - 2025 (USD Million)
Table 14 MRAM market in robotics, 2014 - 2025 (USD Million)
Table 15 MRAM market in robotics, by region, 2014 - 2025 (USD Million)
Table 16 MRAM market in automotive, 2014 - 2025 (USD Million)
Table 17 MRAM market in automotive, by region, 2014 - 2025 (USD Million)
Table 18 MRAM market in enterprise storage, 2014 - 2025 (USD Million)
Table 19 MRAM market in enterprise storage, by region, 2014 - 2025 (USD Million)
Table 20 MRAM market in aerospace & defense, 2014 - 2025 (USD Million)
Table 21 MRAM market in aerospace & defense, by region, 2014 - 2025 (USD Million)
Table 22 MRAM market in others, 2014 - 2025 (USD Million)
Table 23 MRAM market in others, by region, 2014 - 2025 (USD Million)
Table 24 North America MRAM market, 2014 - 2025 (USD Million)
Table 25 North America MRAM market, by type, 2014 - 2025 (USD Million)
Table 26 North America MRAM market, by application, 2014 - 2025 (USD Million)
Table 27 Europe MRAM market, 2014 - 2025 (USD Million)
Table 28 Europe MRAM market, by type, 2014 - 2025 (USD Million)
Table 29 Europe MRAM market, by application, 2014 - 2025 (USD Million)
Table 30 Russia MRAM market, 2014 - 2025 (USD Million)
Table 31 Russia MRAM market, by type, 2014 - 2025 (USD Million)
Table 32 Russia MRAM market, by application, 2014 - 2025 (USD Million)
Table 33 Asia Pacific MRAM market, 2014 - 2025 (USD Million)
Table 34 Asia Pacific MRAM market, by type, 2014 - 2025 (USD Million)
Table 35 Asia Pacific MRAM market, by application, 2014 - 2025 (USD Million)
Table 36 RoW MRAM market, 2014 - 2025 (USD Million)
Table 37 RoW MRAM market, by type, 2014 - 2025 (USD Million)
Table 38 RoW MRAM market, by application, 2014 - 2025 (USD Million)
LIST OF FIGURES
Fig. 1 Market segmentation & scope
Fig. 2 Global MRAM market, 2014 - 2025 (USD Million)
Fig. 3 Key opportunities prioritized
Fig. 4 Key company analysis, 2015
Fig. 5 MRAM - Porter’s five forces analysis
Fig. 6 MRAM - PESTEL analysis
Fig. 7 MRAM market by type, 2015 & 2025
Fig. 8 MRAM market by application, 2015 & 2025
Fig. 9 MRAM market by region, 2015 & 2025
Fig. 1 Market segmentation & scope
Fig. 2 Global MRAM market, 2014 - 2025 (USD Million)
Fig. 3 Key opportunities prioritized
Fig. 4 Key company analysis, 2015
Fig. 5 MRAM - Porter’s five forces analysis
Fig. 6 MRAM - PESTEL analysis
Fig. 7 MRAM market by type, 2015 & 2025
Fig. 8 MRAM market by application, 2015 & 2025
Fig. 9 MRAM market by region, 2015 & 2025
