Global Magneto-Resistive Random Access Memory Market Size, Share, Forecast Report 2025

The global magneto-resistive random access memory (MRAM) market is expected to witness a CAGR of 49.6% to reach USD 1,228.1 million by 2025. The market growth is primarily attributed to the rising demand for power-efficient, cost effective and non-volatile memory in many end-user industries, and increasing research & development activities. In addition, advancement in technology is further projected to augment the market growth during the forecast period.

In MRAM, the data is stored in magnetic storage elements. Demand for MRAM in emerging economies is increasing as it offers high speed, high endurance, and less power consumption, which is further augmenting the market growth. In addition, MRAM requires only a small amount of power supply to keep the data. The MRAM is potentially fast enough to be a working memory for many embedded computing applications.

The years used for the assessment are as follows;

  • Historical year: 2015, 2016, and 2017
  • Base year: 2018
  • Forecast period: 2019 – 2025

RESEARCH METHODOLOGY

The research and analysis are based on data and information obtained from various primary and secondary sources. The data obtained is validated by interacting with the companies of the concerned domain. The steps involved in the research methodology are;

  • Obtaining historical data of the market based on news, articles, publications, annual reports, white papers, and other secondary sources
  • Interacting with key opinion leaders of the market and developing data points based on interaction with them
  • Study of past trends in the market and their year on year impact on the market size and share
  • Analyzing the collected data points
  • Bridging the data points to calculate the total magneto-resistive random access memory (MRAM) market and its various segments
  • Anticipating potential risks
  • Analyzing market forces such as drivers, restraints, and opportunities to assess new growth areas for the MRAM market
  • Finalizing the overall size and share for the global magneto-resistive random access memory (MRAM) market

OBJECTIVES:

  • To classify the global magneto-resistive random access memory (MRAM) market into segments by product type, application, and region and analyze their growth prospects individually.
  • To analyze market trends, opportunities, drivers and restraints associated with the MRAM market.
  • Profiling key companies operating in the global magneto-resistive random access memory (MRAM) market
  • To study market response with respect to the mergers and acquisitions in the industry

CHAPTER 1. Market Scope and Methodology

1.1. Research Methodology

1.2. Research Scope & Assumptions

1.3. List of Data Sources

CHAPTER 2. Executive Summary

2.1. Magneto-resistive Random Access (MRAM) Memory – Market Snapshot

CHAPTER 3. Industry Analysis

3.1. Market Definition

3.2. Market Segmentation

3.3. Key Findings of the Global MRAM Market

3.4. Market Opportunities & Trends

3.4.1. Surging demand for flexible and wearable electronics market

3.5. Market Dynamics

3.5.1. Market driver analysis

  3.5.1.1. Increasing demand for power efficient, cost effective, and non-volatile memory

  3.5.1.2. Growing research and development activities

3.5.2. Market Restraint Analysis

  3.5.2.1. High designing cost

CHAPTER 4. Competitive Outlook

4.1. Company Share Analysis

4.2. Porters-Five Forces Analysis

4.3. Competitive factors

CHAPTER 5. Global Magneto-resistive Random Access Memory (MRAM) Market Size and Forecast (2015-2025)

5.1. Global MRAM Market , By Product Type (USD Million)

5.1.1. Toggle

5.1.2. Second Generation MRAM (STT-MRAM)

5.2. Global MRAM Market , By Application (USD Million)

5.2.1. Consumer Electronics

5.2.2. Automotive

5.2.3. Enterprise

5.2.4. Aerospace and Defense

5.2.5. Robotics

5.2.6. Others

CHAPTER 6. Global Magneto-resistive Random Access Memory (MRAM) Market Size and Forecast, By Geography (2015-2025)

6.1. North America Magneto-resistive Random Access Memory (MRAM) Market (USD Million)

6.1.1. North America MRAM Market , By Product Type (USD Million)

6.1.2. North America MRAM Market , By Application (USD Million)

6.1.3. North America MRAM Market , By Country (USD Million)

  6.1.3.1. U.S.

  6.1.3.2. Canada

  6.1.3.3. Mexico

6.2. Europe Magneto-resistive Random Access Memory (MRAM) Market (USD Million)

6.2.1. Europe MRAM Market , By Product Type (USD Million)

6.2.2. Europe MRAM Market , By Application (USD Million)

6.2.3. Europe MRAM Market , By Country (USD Million)

  6.2.3.1. UK

  6.2.3.2. Germany

  6.2.3.3. France

  6.2.3.4. Italy

  6.2.3.5. Rest of Europe

6.3. Asia-Pacific Magneto-resistive Random Access Memory (MRAM) Market (USD Million)

6.3.1. Asia-Pacific MRAM Market , By Product Type (USD Million)

6.3.2. Asia-Pacific MRAM Market , By Application (USD Million)

6.3.3. Asia-Pacific MRAM Market , By Country (USD Million)

  6.3.3.1. China

  6.3.3.2. Japan

  6.3.3.3. India

  6.3.3.4. Rest of Asia-Pacific

6.4. Central & South America (CSA) Magneto-resistive Random Access Memory (MRAM) Market (USD Million)

6.4.1. Central & South America MRAM Market , By Product Type (USD Million)

6.4.2. Central & South America MRAM Market , By Application (USD Million)

6.4.3. Central & South America MRAM Market , By Country (USD Million)

  6.4.3.1. Brazil

  6.4.3.2. Rest of Central & South America

6.5. Middle East and Africa (MEA) Magneto-resistive Random Access Memory (MRAM) Market (USD Million)

6.5.1. Middle East and Africa MRAM Market , By Product Type (USD Million)

6.5.2. Middle East and Africa MRAM Market , By Application (USD Million)

6.5.3. Middle East and Africa MRAM Market , By Country (USD Million)

  6.5.3.1. South Africa

  6.5.3.2. Rest of MEA

CHAPTER 7. Key Players and Strategic Developments

7.1. Avalanche Technology

7.1.1. Business Overview

7.1.2. Product and Service Offering

7.1.3. Financial Overview

7.1.4. Strategic Developments

7.2. Everspin Technologies Inc.

7.2.1. Business Overview

7.2.2. Product and Service Offering

7.2.3. Financial Overview

7.2.4. Strategic Developments

7.3. Intel Corp.

7.3.1. Business Overview

7.3.2. Product and Service Offering

7.3.3. Financial Overview

7.3.4. Strategic Developments

7.4. Spin Memory Inc.

7.4.1. Business Overview

7.4.2. Product and Service Offering

7.4.3. Financial Overview

7.4.4. Strategic Developments

7.5. Toshiba

7.5.1. Business Overview

7.5.2. Product and Service Offering

7.5.3. Financial Overview

7.5.4. Strategic Developments

7.6. NEC

7.6.1. Business Overview

7.6.2. Product and Service Offering

7.6.3. Financial Overview

7.6.4. Strategic Developments

7.7. Infineon Technologies

7.7.1. Business Overview

7.7.2. Product and Service Offering

7.7.3. Financial Overview

7.7.4. Strategic Developments

7.8. NVE Corporation

7.8.1. Business Overview

7.8.2. Product and Service Offering

7.8.3. Financial Overview

7.8.4. Strategic Developments

7.9. CROCUS NANO ELECTRONICS LLC

7.9.1. Business Overview

7.9.2. Product and Service Offering

7.9.3. Financial Overview

7.9.4. Strategic Developments

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