About Memristors
A memristor is an electrical element that limits or regulates the flow of electrical current in a circuit and remembers the quantity of charge that has previously flowed through it. Memristors are vital because they're non-volatile, thus, they retain memory without requiring a constant energy flow to maintain their present values. Based on the type, the market has been segmented into molecular & ionic thin film and spin-based & magnetic memristor.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 70.5% |
Competition among existing players is due to the Memristors market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for Memristors Market. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Analyst at AMA Research estimates that United States, Japanese Manufacturers will contribute the maximum growth to Global Memristors market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Fujitsu Ltd (Japan), Hewlett Packard Enterprise (United States), Samsung Electronics Co. Ltd (South Korea), SanDisk Corporation (United States), Micron Technology (United States), Toshiba Corporation (Japan), Panasonic Corporation (Japan), Knowm Inc. (Mexico), Intel Corporation (United States) and HP development company, L.P. (Canada) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Rambus Incorporated (United States), Sk Hynix Inc (South Korea), Texas Instruments (United States) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Memristors market by Type (Molecular and Ionic Thin Film and Spin-Based and Magnetic Memristor) and Region.
On the basis of geography, the market of Memristors has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. If we see Market by Vertical, the sub-segment i.e. Electronics will boost the Memristors market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increase In Demand for Compact Memory Devices in Smart Watches and Other Wearable Devices
Market Growth Drivers:
Increasing Demand for IoT, Cloud Computing, and Big Data, Surging Demand for Automation Robots and Strong Demand from Smartphones, Tablets, Computer Peripherals, and Cloud Vendors
Restraints:
Complex Nature of the Technology Limits its Range of Applications
Opportunities:
Growth in Trend of Internet of Things (IoT) and Growth in Demand of Neural Networks
Market Leaders and their expansionary development strategies
In March 2023, HPE intends to acquired Axis Security, a cloud security provider, expanding its edge-to-cloud security capabilities by offering a unified Secure Access Services Edge (SASE) solution to meet the increasing demand for integrated networking and security solutions delivered as-a-service
In April 2022, Researchers at the University of Vienna in Austria believe they have discovered a new way to develop a quantum memristor that can be replicated for mass production. This discovery could represent an industry first: a quantum memristor that evolves beyond preliminary simulation demos and becomes an accessible product for superconducting circuitry.
Key Target Audience
Memristors Manufacturers, Memristors Sub Component Manufacturers, Memristors Traders/Distributors, Memristors Importer/Exporter, Technology Investors and Regulatory & Government Bodies
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.