MRAM Market Set for Rapid Industry Growth, to reach around $134.09 Million by 2026 with a CAGR of 23.03%


(MENAFN- Grand Research Store) In this report, global MRAM Market will reach 134.09 Million USD by the end of 2026 with a CAGR of 23.03 %

MRAM, also known as magneto resistive RAM or magnetic RAM, is a type of non-volatile RAM memory which uses magnetic charges in order to store data.

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According to a new study 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 major player of the MRAM mainly including Everspin Technologies Inc., Honeywell International Inc., NVE Corporation and Avalanche Technology Inc..

the global mram market was valued at 47.58 million usd in 2014 and will reach 134.09 million usd by the end of 2026, growing at a cagr of 23.03% during 2014–2026.

The standalone markets, such as wearables, embedded Multipoint Control Unit (MCU)s, Enterprise Storage, 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.

Geographically, this report split global into several key Regions, with sales (K Units), revenue (M USD), market share and growth rate of MRAM for these regions, from 2014 to 2026 (forecast), covering

China
USA
Europe
Japan
Korea
India
Southeast Asia
South America
Global MRAM market competition by top manufacturers/players, with MRAM sales volume, Price (USD/Unit), revenue (M USD) and market share for each manufacturer/player; the top players including

Everspin Technologies Inc.
NVE Corporation
Honeywell International Inc.
Avalanche Technology Inc.
Toshiba
Spin Transfer Technologies
Samsung Electronics Co. Ltd.
TSMC
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into

Toggle MRAM
STT-MRAM
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate of MRAM for each application, including

Consumer Electronics
Robotics
Automotive
Enterprise Storage
Aerospace & Defense
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Table of content

1 Executive Summary
1.1 Definition and Specification
1.2 Report Overview
1.2.1 Manufacturers Overview
1.2.2 Regions Overview
1.2.3 Type Overview
1.2.4 Application Overview
1.3 Industrial Chain
1.3.1 MRAM Overall Industrial Chain
1.3.2 Upstream
1.3.3 Downstream
1.4 Industry Situation
1.4.1 Industrial Policy
1.4.2 Product Preference
1.4.3 Economic/Political Environment
1.5 SWOT Analysis
2 Market Analysis by Types
2.1 Overall Market Performance(Volume)
2.1.1 Toggle MRAM
2.1.2 STT-MRAM
2.2 Overall Market Performance(Value)
2.2.1 Toggle MRAM
2.2.2 STT-MRAM
3 Product Application Market
3.1 Overall Market Performance (Volume)
3.1.1 Consumer Electronics
3.1.2 Robotics
3.1.3 Automotive
3.1.4 Enterprise Storage
3.1.5 Aerospace & Defense
4 Manufacturers Profiles/Analysis
4.1 Everspin Technologies Inc.
4.1.1 Everspin Technologies Inc. Profiles
4.1.2 Everspin Technologies Inc. Product Information
4.1.3 Everspin Technologies Inc. MRAM Sales, Sales Value(Million USD), Price and Gross Profit
4.1.4 Everspin Technologies Inc. SWOT Analysis
4.2 NVE Corporation
4.2.1 NVE Corporation Profiles
4.2.2 NVE Corporation Product Information
4.2.3 NVE Corporation MRAMSales, Sales Value (Millio

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