The global spintronics market is projected to reach $24,058.0 million by 2031, growing at a CAGR of 37.1% annually over the period of 2021-2031. The market growth is driven by several factors, including the various advantages of spintronics over conventional electronics, the increasing deployment of electric vehicles (EV), rising demand for magneto resistive random-access memory (MRAM), technological advancements, and government initiatives and investments.
The comprehensive report on the global spintronics market spans 153 pages and includes 83 tables and 81 figures. It provides a detailed analysis of the entire market and its sub-segments through extensively detailed classifications. The analysis and assessment are generated from premium primary and secondary information sources, with inputs derived from industry professionals across the value chain.
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The report is based on studies conducted between 2019 and 2021 and provides a forecast from 2022 to 2031, with 2021 as the base year. Prior to delivery, the report will be updated to ensure that the latest historical year is the base year and the forecast covers at least 5 years beyond the base year. The report highlights the device types, applications, industry verticals, and regions in the global spintronics market. It categorizes the device types into metal-based and semiconductor-based spintronics, while the applications include EV and industrial motor, MRAM, magnetic sensing, semiconductor laser, and others. The report also analyzes the market across various industry verticals.
In-depth qualitative analyses include identification and investigation of the following aspects:
Market Structure
Growth Drivers
Restraints and Challenges
Emerging Product Trends & Market Opportunities
Porter’s Fiver Forces
Selected Key Players:
- Advanced MicroSensors Corporation
- Atomistix A/S
- Avalanche Technology Inc.
- Crocus Technology
- Everspin Technologies Inc.
- IBM Corporation
- Intel Corporation
- NVE Corporation
- Spin Memory Inc.
- Synopsys (QuantumWise)
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Here is the breakdown of the sub-markets within each segment:
Device Type:
- Metal-based Devices:
- Giant Magneto Resistance-based Device (GMRs)
- Tunnel Magneto Resistance-based Device (TMRs)
- Spin-transfer Torque Device
- Spin-wave Logic Device
- Semiconductor-based Devices:
- Spin Diode
- Spin Filter
- Spin Field Effect Transistor (FETs)
Application:
- Electric Vehicle and Industrial Motor
- Data Storage/MRAM
- Magnetic Sensing
- Semiconductor Laser
- Other Applications
Industry Vertical:
- Automotive & Transportation
- IT & Telecommunication
- Electronics & Semiconductors
- Manufacturing
- Healthcare
- Other Industry Verticals
Geographical Coverage: The report investigates the following regions and their respective national/local markets:
- North America (U.S., Canada, and Mexico)
- Europe (Germany, UK, France, Spain, Italy, Netherlands, Rest of Europe; Rest of Europe further segmented into Russia, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
- APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
- South America (Brazil, Chile, Argentina, Rest of South America)
- MEA (UAE, Saudi Arabia, South Africa, and Rest of MEA)
The report provides detailed analysis and data for annual revenue ($ mn) for the years 2021-2031, including a breakdown of regional markets by country and the split of each national market by device type, application, and industry vertical over the forecast years.
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