Global magneto resistive RAM (MRAM) market 2024-2028

Description

List of Tables

The magneto resistive ram (MRAM) market is forecasted to grow by USD 1625.7 mn during 2023-2028, accelerating at a CAGR of 32.16% during the forecast period. The report on the magneto resistive ram (MRAM) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by low-power consumption, impulsion for miniaturization, and large-scale benefits of using IoT devices in healthcare applications.

Technavio's magneto resistive ram (MRAM) market is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	24.43%
CAGR	32.16%
Incremental Value	$1625.7mn

By End-user

Automotive and aerospace and defense
Enterprise storage
Consumer electronics
Robotics

By Type

STT MRAM
T MRAM

By Geographical Landscape

North America
APAC
Europe
South America
Middle East and Africa

This study identifies the integration of MRAM in the smartphone as one of the prime reasons driving the magneto resistive ram (MRAM) market growth during the next few years. Also, growth of smart cities and adoption of MRAM in data centers and cloud database will lead to sizable demand in the market.

The report on the magneto resistive ram (MRAM) market covers the following areas:

Magneto resistive ram (MRAM) market sizing
Magneto resistive ram (MRAM) market forecast
Magneto resistive ram (MRAM) market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading magneto resistive ram (MRAM) market vendors that include ARCO INC., Avalanche Technology Inc., Crocus Nano Electronic LLC, Everspin Technologies Inc., Fujitsu Ltd., Honeywell International Inc., IMEC Inc., KLA Corp., MEMTECH, Numem Inc., NVE Corp., NXP Semiconductors NV, Renesas Electronics Corp., Samsung Electronics Co. Ltd., SK hynix Co. Ltd., SPIN MEMORY INC., SRAM and MRAM Group, Taiwan Semiconductor Manufacturing Co. Ltd., Teledyne Technologies Inc., and Yole Developpement SA. Also, the magneto resistive ram (MRAM) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR40501

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by End-user
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
2.2 Market characteristics
- Market characteristics analysis
2.3 Value chain analysis
- Value Chain Analysis

3 Market Sizing

3.1 Market definition
- Offerings of companies included in the market definition
3.2 Market segment analysis
- Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ million)
- Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global Magneto Resistive RAM (MRAM) Market 2018 - 2022
- Historic Market Size - Data Table on Global Magneto Resistive RAM (MRAM) Market 2018 - 2022 ($ million)
4.2 End-user segment analysis 2018 - 2022
- Historic Market Size - End-user Segment 2018 - 2022 ($ million)
4.3 Type segment analysis 2018 - 2022
- Historic Market Size - Type Segment 2018 - 2022 ($ million)
4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by End-user

6.1 Market segments
- Chart on End-user - Market share 2023-2028 (%)
- Data Table on End-user - Market share 2023-2028 (%)
6.2 Comparison by End-user
- Chart on Comparison by End-user
- Data Table on Comparison by End-user
6.3 Automotive and aerospace and defense - Market size and forecast 2023-2028
- Chart on Automotive and aerospace and defense - Market size and forecast 2023-2028 ($ million)
- Data Table on Automotive and aerospace and defense - Market size and forecast 2023-2028 ($ million)
- Chart on Automotive and aerospace and defense - Year-over-year growth 2023-2028 (%)
- Data Table on Automotive and aerospace and defense - Year-over-year growth 2023-2028 (%)
6.4 Enterprise storage - Market size and forecast 2023-2028
- Chart on Enterprise storage - Market size and forecast 2023-2028 ($ million)
- Data Table on Enterprise storage - Market size and forecast 2023-2028 ($ million)
- Chart on Enterprise storage - Year-over-year growth 2023-2028 (%)
- Data Table on Enterprise storage - Year-over-year growth 2023-2028 (%)
6.5 Consumer electronics - Market size and forecast 2023-2028
- Chart on Consumer electronics - Market size and forecast 2023-2028 ($ million)
- Data Table on Consumer electronics - Market size and forecast 2023-2028 ($ million)
- Chart on Consumer electronics - Year-over-year growth 2023-2028 (%)
- Data Table on Consumer electronics - Year-over-year growth 2023-2028 (%)
6.6 Robotics - Market size and forecast 2023-2028
- Chart on Robotics - Market size and forecast 2023-2028 ($ million)
- Data Table on Robotics - Market size and forecast 2023-2028 ($ million)
- Chart on Robotics - Year-over-year growth 2023-2028 (%)
- Data Table on Robotics - Year-over-year growth 2023-2028 (%)
6.7 Market opportunity by End-user
- Market opportunity by End-user ($ million)
- Data Table on Market opportunity by End-user ($ million)

7 Market Segmentation by Type

7.1 Market segments
- Chart on Type - Market share 2023-2028 (%)
- Data Table on Type - Market share 2023-2028 (%)
7.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type
7.3 STT MRAM - Market size and forecast 2023-2028
- Chart on STT MRAM - Market size and forecast 2023-2028 ($ million)
- Data Table on STT MRAM - Market size and forecast 2023-2028 ($ million)
- Chart on STT MRAM - Year-over-year growth 2023-2028 (%)
- Data Table on STT MRAM - Year-over-year growth 2023-2028 (%)
7.4 T MRAM - Market size and forecast 2023-2028
- Chart on T MRAM - Market size and forecast 2023-2028 ($ million)
- Data Table on T MRAM - Market size and forecast 2023-2028 ($ million)
- Chart on T MRAM - Year-over-year growth 2023-2028 (%)
- Data Table on T MRAM - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Type
- Market opportunity by Type ($ million)
- Data Table on Market opportunity by Type ($ million)

8 Customer Landscape

8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2023-2028 (%)
- Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
9.3 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ million)
- Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
9.4 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.5 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ million)
- Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ million)
- Data Table on US - Market size and forecast 2023-2028 ($ million)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ million)
- Data Table on China - Market size and forecast 2023-2028 ($ million)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
9.10 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.11 Canada - Market size and forecast 2023-2028
- Chart on Canada - Market size and forecast 2023-2028 ($ million)
- Data Table on Canada - Market size and forecast 2023-2028 ($ million)
- Chart on Canada - Year-over-year growth 2023-2028 (%)
- Data Table on Canada - Year-over-year growth 2023-2028 (%)
9.12 Japan - Market size and forecast 2023-2028
- Chart on Japan - Market size and forecast 2023-2028 ($ million)
- Data Table on Japan - Market size and forecast 2023-2028 ($ million)
- Chart on Japan - Year-over-year growth 2023-2028 (%)
- Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ million)
- Data Tables on Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Opportunity/Restraints

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints

11 Competitive Landscape

11.1 Overview
11.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
- Overview on factors of disruption
11.4 Industry risks
- Impact of key risks on business

12 Competitive Analysis

12.1 Companies profiled
- Companies covered
12.2 Market positioning of companies
- Matrix on companies position and classification
12.3 Avalanche Technology Inc.
- Avalanche Technology Inc. - Overview
- Avalanche Technology Inc. - Product / Service
- Avalanche Technology Inc. - Key offerings
12.4 Crocus Nano Electronic LLC
- Crocus Nano Electronic LLC - Overview
- Crocus Nano Electronic LLC - Product / Service
- Crocus Nano Electronic LLC - Key offerings
12.5 Everspin Technologies Inc.
- Everspin Technologies Inc. - Overview
- Everspin Technologies Inc. - Product / Service
- Everspin Technologies Inc. - Key news
- Everspin Technologies Inc. - Key offerings
12.6 Fujitsu Ltd.
- Fujitsu Ltd. - Overview
- Fujitsu Ltd. - Business segments
- Fujitsu Ltd. - Key news
- Fujitsu Ltd. - Key offerings
- Fujitsu Ltd. - Segment focus
12.7 Honeywell International Inc.
- Honeywell International Inc. - Overview
- Honeywell International Inc. - Business segments
- Honeywell International Inc. - Key news
- Honeywell International Inc. - Key offerings
- Honeywell International Inc. - Segment focus
12.8 KLA Corp.
- KLA Corp. - Overview
- KLA Corp. - Business segments
- KLA Corp. - Key offerings
- KLA Corp. - Segment focus
12.9 MEMTECH
- MEMTECH - Overview
- MEMTECH - Product / Service
- MEMTECH - Key offerings
12.10 Numem Inc.
- Numem Inc. - Overview
- Numem Inc. - Product / Service
- Numem Inc. - Key news
- Numem Inc. - Key offerings
12.11 NVE Corp.
- NVE Corp. - Overview
- NVE Corp. - Product / Service
- NVE Corp. - Key offerings
12.12 Renesas Electronics Corp.
- Renesas Electronics Corp. - Overview
- Renesas Electronics Corp. - Business segments
- Renesas Electronics Corp. - Key news
- Renesas Electronics Corp. - Key offerings
- Renesas Electronics Corp. - Segment focus
12.13 Samsung Electronics Co. Ltd.
- Samsung Electronics Co. Ltd. - Overview
- Samsung Electronics Co. Ltd. - Business segments
- Samsung Electronics Co. Ltd. - Key news
- Samsung Electronics Co. Ltd. - Key offerings
- Samsung Electronics Co. Ltd. - Segment focus
12.14 SK hynix Co. Ltd.
- SK hynix Co. Ltd. - Overview
- SK hynix Co. Ltd. - Product / Service
- SK hynix Co. Ltd. - Key offerings
12.15 SPIN MEMORY INC.
- SPIN MEMORY INC. - Overview
- SPIN MEMORY INC. - Product / Service
- SPIN MEMORY INC. - Key offerings
12.16 Taiwan Semiconductor Manufacturing Co. Ltd.
- Taiwan Semiconductor Manufacturing Co. Ltd. - Overview
- Taiwan Semiconductor Manufacturing Co. Ltd. - Product / Service
- Taiwan Semiconductor Manufacturing Co. Ltd. - Key offerings
12.17 Teledyne Technologies Inc.
- Teledyne Technologies Inc. - Overview
- Teledyne Technologies Inc. - Business segments
- Teledyne Technologies Inc. - Key news
- Teledyne Technologies Inc. - Key offerings
- Teledyne Technologies Inc. - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
13.3 Currency conversion rates for US$
- Currency conversion rates for US$
13.4 Research methodology
- Research methodology
13.5 Data procurement
- Information sources
13.6 Data validation
- Data validation
13.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
13.8 Data synthesis
- Data synthesis
13.9 360 degree market analysis
- 360 degree market analysis
13.10 List of abbreviations
- List of abbreviations