Magneto Resistive RAM (MRAM) Market Analysis North America, APAC, Europe, South America, Middle East and Africa - US, Canada, China, Japan, Germany - Size and Forecast 2023-2027

Published: Oct 2023 Pages: 165 SKU: IRTNTR40501

MRAM Market Forecast 2023-2027

The Magneto-resistive random-access memory (MRAM) market is estimated to increase by USD 1,483.85 million between 2022 and 2027. The market size is forecasted to grow at a CAGR of 34.35%. The growth of the market depends on several factors, including low power consumption, impulsion for miniaturization, and large-scale benefits of using IoT devices in healthcare applications.

What will be the Size of the MRAM Market During the Forecast Period?

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Market Dynamics: Key Drivers, Trends, Challenges, and Customer Landscape

The low power consumption is notably driving the magneto-resistive RAM (MRAM) market growth, although factors such as memory density issues may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Driver

The low power consumption is notably driving the magneto-resistive RAM market growth. The technologies are mainly used in battery-powered wireless sensors, as they consume about 50% less power than other flash memories. This increases the battery life, which enables OEMs to integrate this technology into devices. Moreover, the module has advanced features such as faster access time and non-volatile data storage when compared to other memory technologies. 

SRAM retains data bits in its memory as long as power is being supplied. It does not have to be periodically refreshed. STT MRAM has replaced SRAM, which is used as cache memory. For wireless and portable applications, especially IoT, energy budget is critical. Hence, engineers need to consider the rate of power consumption of devices. Technologies with fast-write and power-up-to-write times, reduce power consumption compared with EEPROM or flash. This, in turn, creates a demand for the modules. These factors attract device manufacturers and end-users. Therefore, low power consumption is expected to fuel the growth of the global market during the forecast period.

Significant Trends

The integration of MRAM in smartphones is a key trend in the magneto-resistive RAM market. During the forecast period, the integration into smartphones will provide various advantages. For example, the technology retains data when the power is removed. It also offers a higher read-write speed when compared to other technologies such as Flash and EEPROM. This data does not degrade over time. In addition, it consumes low power. 

In 2021, there were about two billion smartphone users across the world. The growth in the number of smartphone devices is directly proportional to several factors, such as technology and innovations. Vendors such as Avalanche Technology Inc., Everspin Technologies Inc., Renesas Electronics Corp., Honeywell International Inc., and Teledyne Technologies Inc. are conducting research on technology. This is expected to lead to the development of low-capacity memory chips for IoT sensors and mobile devices. Therefore, the integration in smartphones is expected to drive the growth of the global magneto-resistive RAM market during the forecast period.

Major Challenge

Memory density issues may impede the global magneto-resistive RAM market growth. MRAM has a lower memory density than other memory technologies, including Dynamic Random Access Memory (DRAM) and Flash Memory. MRAM uses magnetic fields to store data and requires more space than electrical charges used in other memory technologies. This limits the amount of memory that can be stored in a given space, which makes it more expensive to manufacture when compared to other memory technologies.

The size of the memory cells is another factor that restricts their memory density. The cells are larger than DRAM and Flash memory cells, which indicates that fewer cells can be packed into a given space. This reduces the overall memory density. In addition, memory density is critical to the global memory market, and the lack of memory density can challenge its adoption. This is evident for applications that require high memory density, including servers, data centers, and other large-scale applications. These factors are expected to hinder the growth of the global magneto-resistive RAM market during the forecast period.

Key Market Customer Landscape

The market report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Market Customer Landscape

Who are the Major MRAM Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Avalanche Technology Inc. - The company offers MRAM such as Embedded Perpendicular MRAM and Tornado discrete MRAM.

The research report also includes detailed analyses of the competitive landscape of the market and information about 15 market players, including:

  • ARCO 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.

Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

What are the Fastest-Growing Segments in the Market?

The market share growth by the automotive and aerospace and defense segment will be significant during the forecast period. This segment mainly includes defense and military products such as aircraft and automotive powertrains. 

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The automotive and aerospace and defense segment was valued at USD 69.58 million in 2017 and continued to grow until 2021. The demand for defense and military products such as aircraft is increasing globally due to political tensions in the Middle East, Eastern Europe, North Korea, and the East and South China Seas. In the automotive industry, MRAM is used in advanced driver assistance systems (ADAS) and infotainment systems. It is also used in infotainment systems, as it can store large amounts of data, such as maps, music, and videos. In the aerospace industry, it is used in avionics systems, including flight control systems, navigation systems, and communication systems. Avionics systems need to operate in harsh environments such as high altitudes, extreme temperatures, and radiation. Hence, MRAM is an ideal solution for avionics systems owing to its non-volatile nature and high endurance. In the defense industry, it is used in various applications such as missile guidance systems, radar systems, and communication systems. This is because these systems require high reliability, speed, and endurance to operate in mission-critical situations. Such factors will drive the growth of the global market during the forecast period.

Which are the Key Regions for the Market?

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APAC is estimated to contribute 38% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

North America is another region that will contribute significantly to the growth of the global magneto-resistive RAM market during the forecast period. The demand for this technology is expected to increase in the region owing to its advantages such as low power consumption and faster write speed. This technology is used significantly by the automotive, aerospace, defense, and enterprise storage industries, which is expected to boost its demand in the region. Rapid technological advances and changes in consumer preferences are also expected to contribute to the growth of the magneto-resistive RAM market.

Market Analyst Overview

The market, focusing on Magneto Resistive RAM, utilizes magnetic charges for data storage, offering advantages over traditional Dynamic RAM. It caters to electronic products, including those requiring battery power, and targets the growing demand in the flexible and wearable electronics market. With applications in aerospace and military sectors, it addresses diverse temperature conditions. The market is analyzed globally, considering product types like Toggle MRAM and STT-MRAM, with a regional framework covering Asia-Pacific and Middle East and Africa. Growth strategies include product launches, approvals, patents, events, partnerships, and business expansion to enhance the customer base.

Segment Overview

The MRAM market report forecasts market growth by revenue at global, regional, & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • End-user Outlook (USD Million, 2017 - 2027)
    • Automotive and aerospace and defense
    • Enterprise storage
    • Consumer electronics
    • Robotics 
  • Type Outlook (USD Million, 2017 - 2027)
    • STT MRAM
    • T MRAM
  • Region Outlook (USD Million, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa
    • South America
      • Argentina
      • Brazil
      • Chile

MRAM Market Scope

Report Coverage

Details

Page number

165

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 34.35%

Market growth 2023-2027

USD 1,483.85 million

Market structure

Fragmented

YoY growth 2022-2023(%)

22.0

Regional analysis

North America, APAC, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 38%

Key countries

US, Canada, China, Japan, and Germany

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

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

Market dynamics

Parent market analysis, Market forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

If our market growth and trends report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this MRAM Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the market growth and forecasting of the market between 2023 and 2027
  • Precise estimation of the size of the market size and its contribution to the parent market
  • Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
  • Growth of the market industry across Europe, North America, APAC, South America, and Middle East and Africa
  • Thorough market growth analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive market analysis and report on the factors that will challenge the market research and growth of market vendors

We can help! Our analysts can customize this market research report to meet your requirements. 

Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global MRAM market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on global mram market 2017 - 2021 ($ million)
    • 4.2 End-user Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – End-user Segment 2017 - 2021 ($ million)
    • 4.3 Type Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by End-user

    • 6.1 Market segments
      • Exhibit 30: Chart on End-user - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on End-user - Market share 2022-2027 (%)
    • 6.2 Comparison by End-user
      • Exhibit 32: Chart on Comparison by End-user
      • Exhibit 33: Data Table on Comparison by End-user
    • 6.3 Automotive and aerospace and defense - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Automotive and aerospace and defense - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Automotive and aerospace and defense - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Automotive and aerospace and defense - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Automotive and aerospace and defense - Year-over-year growth 2022-2027 (%)
    • 6.4 Enterprise storage - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Enterprise storage - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Enterprise storage - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Enterprise storage - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Enterprise storage - Year-over-year growth 2022-2027 (%)
    • 6.5 Consumer electronics - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Consumer electronics - Market size and forecast 2022-2027 ($ million)
      • Exhibit 43: Data Table on Consumer electronics - Market size and forecast 2022-2027 ($ million)
      • Exhibit 44: Chart on Consumer electronics - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Consumer electronics - Year-over-year growth 2022-2027 (%)
    • 6.6 Robotics - Market size and forecast 2022-2027
      • Exhibit 46: Chart on Robotics - Market size and forecast 2022-2027 ($ million)
      • Exhibit 47: Data Table on Robotics - Market size and forecast 2022-2027 ($ million)
      • Exhibit 48: Chart on Robotics - Year-over-year growth 2022-2027 (%)
      • Exhibit 49: Data Table on Robotics - Year-over-year growth 2022-2027 (%)
    • 6.7 Market opportunity by End-user
      • Exhibit 50: Market opportunity by End-user ($ million)
      • Exhibit 51: Data Table on Market opportunity by End-user ($ million)

    7 Market Segmentation by Type

    • 7.1 Market segments
      • Exhibit 52: Chart on Type - Market share 2022-2027 (%)
      • Exhibit 53: Data Table on Type - Market share 2022-2027 (%)
    • 7.2 Comparison by Type
      • Exhibit 54: Chart on Comparison by Type
      • Exhibit 55: Data Table on Comparison by Type
    • 7.3 STT MRAM - Market size and forecast 2022-2027
      • Exhibit 56: Chart on STT MRAM - Market size and forecast 2022-2027 ($ million)
      • Exhibit 57: Data Table on STT MRAM - Market size and forecast 2022-2027 ($ million)
      • Exhibit 58: Chart on STT MRAM - Year-over-year growth 2022-2027 (%)
      • Exhibit 59: Data Table on STT MRAM - Year-over-year growth 2022-2027 (%)
    • 7.4 T MRAM - Market size and forecast 2022-2027
      • Exhibit 60: Chart on T MRAM - Market size and forecast 2022-2027 ($ million)
      • Exhibit 61: Data Table on T MRAM - Market size and forecast 2022-2027 ($ million)
      • Exhibit 62: Chart on T MRAM - Year-over-year growth 2022-2027 (%)
      • Exhibit 63: Data Table on T MRAM - Year-over-year growth 2022-2027 (%)
    • 7.5 Market opportunity by Type
      • Exhibit 64: Market opportunity by Type ($ million)
      • Exhibit 65: Data Table on Market opportunity by Type ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 67: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 68: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 69: Chart on Geographic comparison
      • Exhibit 70: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2022-2027
      • Exhibit 71: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 72: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 73: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 74: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.4 APAC - Market size and forecast 2022-2027
      • Exhibit 75: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 76: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 77: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 78: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.5 Europe - Market size and forecast 2022-2027
      • Exhibit 79: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 80: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 81: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 83: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 84: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 85: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 91: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 92: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 93: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 China - Market size and forecast 2022-2027
      • Exhibit 95: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 96: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 97: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.10 Germany - Market size and forecast 2022-2027
      • Exhibit 99: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 100: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 101: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.11 Canada - Market size and forecast 2022-2027
      • Exhibit 103: Chart on Canada - Market size and forecast 2022-2027 ($ million)
      • Exhibit 104: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
      • Exhibit 105: Chart on Canada - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on Canada - Year-over-year growth 2022-2027 (%)
    • 9.12 Japan - Market size and forecast 2022-2027
      • Exhibit 107: Chart on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 108: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 109: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 110: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 111: Market opportunity by geography ($ million)
      • Exhibit 112: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 113: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 115: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 116: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 117: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 118: Matrix on vendor position and classification
            • 12.3 Avalanche Technology Inc.
              • Exhibit 119: Avalanche Technology Inc. - Overview
              • Exhibit 120: Avalanche Technology Inc. - Product / Service
              • Exhibit 121: Avalanche Technology Inc. - Key offerings
            • 12.4 Crocus Nano Electronic LLC
              • Exhibit 122: Crocus Nano Electronic LLC - Overview
              • Exhibit 123: Crocus Nano Electronic LLC - Product / Service
              • Exhibit 124: Crocus Nano Electronic LLC - Key offerings
            • 12.5 Everspin Technologies Inc.
              • Exhibit 125: Everspin Technologies Inc. - Overview
              • Exhibit 126: Everspin Technologies Inc. - Product / Service
              • Exhibit 127: Everspin Technologies Inc. - Key offerings
            • 12.6 Fujitsu Ltd.
              • Exhibit 128: Fujitsu Ltd. - Overview
              • Exhibit 129: Fujitsu Ltd. - Business segments
              • Exhibit 130: Fujitsu Ltd. - Key news
              • Exhibit 131: Fujitsu Ltd. - Key offerings
              • Exhibit 132: Fujitsu Ltd. - Segment focus
            • 12.7 Honeywell International Inc.
              • Exhibit 133: Honeywell International Inc. - Overview
              • Exhibit 134: Honeywell International Inc. - Business segments
              • Exhibit 135: Honeywell International Inc. - Key news
              • Exhibit 136: Honeywell International Inc. - Key offerings
              • Exhibit 137: Honeywell International Inc. - Segment focus
            • 12.8 KLA Corp.
              • Exhibit 138: KLA Corp. - Overview
              • Exhibit 139: KLA Corp. - Business segments
              • Exhibit 140: KLA Corp. - Key news
              • Exhibit 141: KLA Corp. - Key offerings
              • Exhibit 142: KLA Corp. - Segment focus
            • 12.9 MEMTECH
              • Exhibit 143: MEMTECH - Overview
              • Exhibit 144: MEMTECH - Product / Service
              • Exhibit 145: MEMTECH - Key offerings
            • 12.10 Numem Inc.
              • Exhibit 146: Numem Inc. - Overview
              • Exhibit 147: Numem Inc. - Product / Service
              • Exhibit 148: Numem Inc. - Key offerings
            • 12.11 NVE Corp.
              • Exhibit 149: NVE Corp. - Overview
              • Exhibit 150: NVE Corp. - Product / Service
              • Exhibit 151: NVE Corp. - Key offerings
            • 12.12 Renesas Electronics Corp.
              • Exhibit 152: Renesas Electronics Corp. - Overview
              • Exhibit 153: Renesas Electronics Corp. - Business segments
              • Exhibit 154: Renesas Electronics Corp. - Key offerings
              • Exhibit 155: Renesas Electronics Corp. - Segment focus
            • 12.13 Samsung Electronics Co. Ltd.
              • Exhibit 156: Samsung Electronics Co. Ltd. - Overview
              • Exhibit 157: Samsung Electronics Co. Ltd. - Business segments
              • Exhibit 158: Samsung Electronics Co. Ltd. - Key news
              • Exhibit 159: Samsung Electronics Co. Ltd. - Key offerings
              • Exhibit 160: Samsung Electronics Co. Ltd. - Segment focus
            • 12.14 SK hynix Co. Ltd.
              • Exhibit 161: SK hynix Co. Ltd. - Overview
              • Exhibit 162: SK hynix Co. Ltd. - Product / Service
              • Exhibit 163: SK hynix Co. Ltd. - Key offerings
            • 12.15 SPIN MEMORY INC.
              • Exhibit 164: SPIN MEMORY INC. - Overview
              • Exhibit 165: SPIN MEMORY INC. - Product / Service
              • Exhibit 166: SPIN MEMORY INC. - Key offerings
            • 12.16 Taiwan Semiconductor Manufacturing Co. Ltd.
              • Exhibit 167: Taiwan Semiconductor Manufacturing Co. Ltd. - Overview
              • Exhibit 168: Taiwan Semiconductor Manufacturing Co. Ltd. - Product / Service
              • Exhibit 169: Taiwan Semiconductor Manufacturing Co. Ltd. - Key offerings
            • 12.17 Teledyne Technologies Inc.
              • Exhibit 170: Teledyne Technologies Inc. - Overview
              • Exhibit 171: Teledyne Technologies Inc. - Business segments
              • Exhibit 172: Teledyne Technologies Inc. - Key news
              • Exhibit 173: Teledyne Technologies Inc. - Key offerings
              • Exhibit 174: Teledyne Technologies Inc. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 175: Inclusions checklist
                • Exhibit 176: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 177: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 178: Research methodology
                • Exhibit 179: Validation techniques employed for market sizing
                • Exhibit 180: Information sources
              • 13.5 List of abbreviations
                • Exhibit 181: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              mram market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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