North America spintronics market is projected to grow by 35.4% annually in the forecast period and reach $8,641.6 million by 2031, driven by the various advantages of spintronics over conventional electronics, the increasing deployment of electric vehicles (EV), a rising demand for magnetoresistive random-access memory (MRAM), the technological advancements along with the increase in government initiatives and investments.
Highlighted with 24 tables and 45 figures, this 92-page report "North America Spintronics Market 2021-2031 by Device Type (Metal-based, Semiconductor-based), Application (EV and Industrial Motor, MRAM, Magnetic Sensing, Semiconductor Laser, Others), Industry Vertical, and Country: Trend Forecast and Growth Opportunity" is based on a comprehensive research of the entire North America spintronics market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2019-2021 and provides forecast from 2022 till 2031 with 2021 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter's Fiver Forces
The trend and outlook of North America market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify North America spintronics market in every aspect of the classification from perspectives of Device Type, Application, Industry Vertical, and Country.
Based on Device Type, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
• Metal-based Devices
o Giant Magneto Resistance-based Device (GMRs)
o Tunnel Magneto Resistance-based Device (TMRs)
o Spin-transfer Torque Device
o Spin-wave Logic Device
• Semiconductor-based Devices
o Spin Diode
o Spin Filter
o Spin Field Effect Transistor (FETs)
Based on Application, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
• Electric Vehicle and Industrial Motor
• Data Storage/MRAM
• Magnetic Sensing
• Semiconductor Laser
• Other Applications
By Industry Vertical, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
• Automotive & Transportation
• IT & Telecommunication
• Electronics & Semiconductors
• Manufacturing
• Healthcare
• Other Industry Verticals
Geographically, the following national/local markets are fully investigated:
• U.S.
• Canada
• Mexico
For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2021-2031. The breakdown of national markets by Device Type, Application, and Industry Vertical over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
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)
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
1 Introduction 6
1.1 Industry Definition and Research Scope 6
1.1.1 Industry Definition 6
1.1.2 Research Scope 7
1.2 Research Methodology 10
1.2.1 Overview of Market Research Methodology 10
1.2.2 Market Assumption 11
1.2.3 Secondary Data 11
1.2.4 Primary Data 11
1.2.5 Data Filtration and Model Design 12
1.2.6 Market Size/Share Estimation 13
1.2.7 Research Limitations 14
1.3 Executive Summary 15
2 Market Overview and Dynamics 17
2.1 Market Size and Forecast 17
2.1.1 Impact of COVID-19 on World Economy 19
2.1.2 Impact of COVID-19 on the Market 21
2.2 Major Growth Drivers 23
2.3 Market Restraints and Challenges 29
2.4 Emerging Opportunities and Market Trends 32
2.5 Porter's Fiver Forces Analysis 36
3 Segmentation of North America Market by Device Type 40
3.1 Market Overview by Device Type 40
3.2 Metal-based Devices 42
3.2.1 Giant Magneto Resistance-based Device (GMRs) 44
3.2.2 Tunnel Magneto Resistance-based Device (TMRs) 45
3.2.3 Spin-transfer Torque Device 46
3.2.4 Spin-wave Logic Device 47
3.3 Semiconductor-based Devices 48
3.3.1 Spin Diode 49
3.3.2 Spin Filter 50
3.3.3 Spin Field Effect Transistor (FETs) 51
4 Segmentation of North America Market by Application 52
4.1 Market Overview by Application 52
4.2 Electric Vehicle and Industrial Motor 54
4.3 Data Storage/MRAM 55
4.4 Magnetic Sensing 56
4.5 Semiconductor Laser 57
4.6 Other Applications 58
5 Segmentation of North America Market by Industry Vertical 59
5.1 Market Overview by Industry Vertical 59
5.2 Automotive & Transportation 61
5.3 IT & Telecommunication 62
5.4 Electronics & Semiconductors 63
5.5 Manufacturing 64
5.6 Healthcare 65
5.7 Other Industry Verticals 66
6 North America Market 2021-2031 by Country 67
6.1 Overview of North America Market 67
6.2 U.S. 70
6.3 Canada 73
6.4 Mexico 75
7 Competitive Landscape 77
7.1 Overview of Key Vendors 77
7.2 New Product Launch, Partnership, Investment, and M&A 80
7.3 Company Profiles 81
Advanced MicroSensors Corporation 81
Atomistix A/S 83
Avalanche Technology Inc. 84
Crocus Technology 85
Everspin Technologies Inc. 86
IBM Corporation 87
Intel Corporation 88
NVE Corporation 89
Spin Memory Inc. 90
Synopsys (QuantumWise) 91
RELATED REPORTS 92
Market Overview
The North America Vanadium Market is expected to experience substantial growth from 2024 to 2034, driven by increasing demand from various sectors such as iron and steel, energy storage, and chemicals. The market is projected to grow from USD XXX.XX million in 2024 to US...
Market Overview
The North America Vascular Closure Devices (VCD) Market is anticipated to witness significant growth from 2024 to 2034, driven by the increasing volume of minimally invasive cardiovascular procedures, rising prevalence of cardiovascular diseases, and advancements in vasc...
Market Overview
The North America Nuclear Medicine Market is poised for substantial growth between 2024 and 2034, driven by advancements in diagnostic imaging and therapeutic applications, rising prevalence of chronic diseases, and increasing adoption of nuclear medicine techniques. The...
Market Overview
The North America Anti-Pollution Mask Market is anticipated to witness significant growth from 2024 to 2034, driven by increasing awareness of air quality issues and the rising prevalence of respiratory diseases. The market, encompassing a wide range of anti-pollution ma...
Market Overview
The North America Ethnic Wear Market is set to experience considerable growth from 2024 to 2034, driven by evolving fashion trends and a growing appreciation for cultural heritage. The market, which includes a diverse range of ethnic apparel, is projected to reach USD XX...
Market Overview
The North America FinTech Investment Market is set to experience substantial growth from 2024 to 2034, driven by an accelerated adoption of innovative financial technologies across various sectors. The market, which encompasses investments in a wide range of FinTech solu...
Market Overview
The North America Airport Asset Tracking Market is set for significant growth from 2024 to 2034, driven by advancements in asset tracking technologies and increased focus on operational efficiency and safety within airport environments. The market is projected to grow fr...
Market Overview
The North America Sustainable Aviation Fuel Market is projected to experience robust growth from 2024 to 2034, driven by increasing environmental regulations, rising focus on reducing carbon emissions in aviation, and advancements in alternative fuel technologies. By 203...
Market Overview
The North America Integrated Facility Management (IFM) Market is projected to experience significant growth from 2024 to 2034, driven by the increasing demand for comprehensive facility management solutions across various industries. As organizations seek to optimize ope...
Market Overview
The North America Smart Air Conditioner Market is poised for substantial growth from 2024 to 2034, driven by advancements in technology and increasing consumer demand for energy-efficient and intelligent climate control solutions. Smart air conditioners, known for their ...