What is Organic Spintronics Market?
Organic spintronics is defined as the emerging field of research which deals with the study of spin injection, transport as well as manipulation in Organic spintronics. In order to charge electrons, it's spin property also utilized for device fabrication. It provides extremely less power consumption of the order microwatt level and lighting fast speed. Some of the major advantages of organic spintronic are long spin relaxation time for injected spin ½ polarons, variable tunnel barrier height using different electrodes, the possibility of all organic spin devices, and others. It is used in magnetic sensors, spintronics couplers, and MRAMs.
The market study is being classified by Type (Clockwise Spin and Counter Clockwise Spin), by Application (Data Storage, Electric Vehicles, Industrial Motors, Semiconductor Lasers, Microwave Devices, Quantum Computing and Others) and major geographies with country level break-up.
Advanced MicroSensors, Inc. (United States), Atomistix A/S (Denmark), Crocus Technology SA (France), Everspin Technologies (United States), Freescale Semiconductor, Ltd. (United States), Intel Corporation (Untied States), NVE Corporation (United States), Organic Spintronics s.r.l (Italy), QuantumWise A/S (Denmark) and Rhomap Ltd. (United Kingdom) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Spin Transfer Technologies (United States) and Spintronics International Pte (Singapore).
The global organic spintronics market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. Some of the major players operating in this market are Advanced MicroSensors, Inc. (United States), Atomistix A/S (Denmark), Crocus Technology SA (France), Everspin Technologies (United States), among others. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Organic Spintronics market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Organic Spintronics market by Type, Application and Region.
On the basis of geography, the market of Organic Spintronics 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Rising Demand of Organic Spintronic in Data Storage Devices
- Increasing Usage of Organic Spintronic in Various Application
Market Trend
- Technology Advancement regarding Organic Spintronic
Restraints
- Stringent Government Regulation regarding Organic Spintronic
Opportunities
- Growing Demand from Emerging Economics such as China, India, among others
Challenges
- Lack of Awareness of Organic Spintronic in Some Region
Key Target Audience
Organic Spintronic Companies, Research and Development Companies, Government Regulatory Authorities, Product Sales and Distribution Companies, Market Research and Consulting Firms and Others