Global Memristor Devices Market 2017-2021

This industry research report identifies Hewlett-Packard, Intel, SAMSUNG, and SK HYNIX as the key vendors in the global memristor devices market. This industry research report also presents a detailed analysis of the market by application (Electronics, Industrial, Healthcare, and others), by product (molecular and ionic film memristor device and spin-based and magnetic memristor device), and by geography (the Americas, APAC, and EMEA).

Overview of the global memristor devices market

Technavio’s research analysis has identified the increasing demand for electronic devices as one of the primary growth factors for the memristor devices market. Technological advancements have resulted in the transformation of consumer electronics. New technology advanced products have replaced limited technology products such as feature phones, PCs, and recently laptops. Rapid innovation and the growing demand for efficient electronics is encouraging manufacturers to focus on offering superior products with improved functionalities, such as improved power consumption, upgraded user-interface, and increase storage. This increase need for more storage in devices such as mobile devices, cameras, camcorders, and wearables, will consequently fuel the demand for memristor devices, propelling market growth. Our market analysts estimate that the memristor devices market will grow steadily at a CAGR of more than 69% by 2021.

The growing acceptance of wearable devices is one of the majo trends that will gain traction in the memristor devices market during the next few years. Wearable devices such as smart fabrics, smartwatches, heart rate monitors, fitness bands, and smart glasses are gaining preference among the consumers as they monitor fitness levels by tracking the daily activities of the user. With the advancements in technology, these devices can also provide communication services. With the growing adoption of wearable devices, semiconductor device manufacturers will have the need to expand their production facilities, which in turn, will create the need for advanced memory devices such as memristors.

Competitive landscape and key vendors

The memristor devices market is significantly fragmented owing to the presence of several stablished international, regional, and local vendors. The key vendors account for significant market shares due to their strong geographical presence and high market capitalization. Vendors in the memristor market are also offering homogeneous products with high focus on storage capacity, compatibility, and reliability of stored data.

The leading vendors in the market are

• Hewlett-Packard
• Intel
• SAMSUNG
• SK HYNIX

The other prominent vendors in the market are Micron Technology, SanDisk, and Toshiba.

Segmentation by application and analysis of the memristor devices market

• Electronics
• Industrial
• Healthcare

Owing to the increasing sales of electronic devices such as smartphones, tablets, wearable devices, and phablets, the volume of information stored in mobile phones is increasing considerably. This influences the use of memristor devices in these consumer devices. The electronics segment will account for the major shares of the memristor devices market throughut the next few years.

Segmentation by product and analysis of the memristor devices market

• Molecular and ionic film memristor device
• Spin-based and magnetic memristor device

The molecular and ionic film memristor device segment will account for the major shares of the memristor devices market as they are inexpensive and easy to fabricate. The types of materials used in the thin film atomic lattices determine their performance. These factors contribute to the growth of this segment in the memristor market.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global memristor devices market?
• What are the key market trends impacting the growth of the global memristor devices market?
• What are the challenges to market growth?
• Who are the key vendors in the global memristor devices market?
• What are the market opportunities and threats faced by the vendors in the global memristor devices market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global memristor devices market?

Technavio also offers customization on reports based on specific client requirement.