Global spintronics market will reach $ 24,058.0 million by 2031, growing by 37.1% annually over 2021-2031, 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 83 tables and 81 figures, this 153-page report "Global 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 Region: Trend Forecast and Growth Opportunity" is based on a comprehensive research of the entire global 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 global 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 global spintronics market in every aspect of the classification from perspectives of Device Type, Application, Industry Vertical, and Region.
Based on Device Type, the global 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 global 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 global 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 regions together with the listed national/local markets are fully investigated:
• North America (U.S., Canada, and Mexico)
• Europe (Germany, UK, France, Spain, Italy, Netherlands, Rest of Europe; Rest of Europe is 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 is 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)
For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) are available for 2021-2031. The breakdown of all regional markets by country and split of each national market 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 8
1.1 Industry Definition and Research Scope 8
1.1.1 Industry Definition 8
1.1.2 Research Scope 9
1.2 Research Methodology 12
1.2.1 Overview of Market Research Methodology 12
1.2.2 Market Assumption 13
1.2.3 Secondary Data 13
1.2.4 Primary Data 13
1.2.5 Data Filtration and Model Design 14
1.2.6 Market Size/Share Estimation 15
1.2.7 Research Limitations 16
1.3 Executive Summary 17
2 Market Overview and Dynamics 19
2.1 Market Size and Forecast 19
2.1.1 Impact of COVID-19 on World Economy 21
2.1.2 Impact of COVID-19 on the Market 23
2.2 Major Growth Drivers 25
2.3 Market Restraints and Challenges 31
2.4 Emerging Opportunities and Market Trends 34
2.5 Porter's Fiver Forces Analysis 38
3 Segmentation of Global Market by Device Type 42
3.1 Market Overview by Device Type 42
3.2 Metal-based Devices 44
3.2.1 Giant Magneto Resistance-based Device (GMRs) 45
3.2.2 Tunnel Magneto Resistance-based Device (TMRs) 46
3.2.3 Spin-transfer Torque Device 47
3.2.4 Spin-wave Logic Device 48
3.3 Semiconductor-based Devices 49
3.3.1 Spin Diode 50
3.3.2 Spin Filter 51
3.3.3 Spin Field Effect Transistor (FETs) 52
4 Segmentation of Global Market by Application 53
4.1 Market Overview by Application 53
4.2 Electric Vehicle and Industrial Motor 55
4.3 Data Storage/MRAM 56
4.4 Magnetic Sensing 57
4.5 Semiconductor Laser 58
4.6 Other Applications 59
5 Segmentation of Global Market by Industry Vertical 60
5.1 Market Overview by Industry Vertical 60
5.2 Automotive & Transportation 62
5.3 IT & Telecommunication 63
5.4 Electronics & Semiconductors 64
5.5 Manufacturing 65
5.6 Healthcare 66
5.7 Other Industry Verticals 67
6 Segmentation of Global Market by Region 68
6.1 Geographic Market Overview 2021-2031 68
6.2 North America Market 2021-2031 by Country 72
6.2.1 Overview of North America Market 72
6.2.2 U.S. 76
6.2.3 Canada 79
6.2.4 Mexico 81
6.3 European Market 2021-2031 by Country 83
6.3.1 Overview of European Market 83
6.3.2 Germany 87
6.3.3 U.K. 89
6.3.4 France 91
6.3.5 Spain 93
6.3.6 Italy 95
6.3.7 Netherlands 97
6.3.8 Rest of European Market 99
6.4 Asia-Pacific Market 2021-2031 by Country 101
6.4.1 Overview of Asia-Pacific Market 101
6.4.2 Japan 105
6.4.3 China 108
6.4.4 Australia 110
6.4.5 India 112
6.4.6 South Korea 114
6.4.7 Rest of APAC Region 116
6.5 South America Market 2021-2031 by Country 118
6.5.1 Argentina 121
6.5.2 Brazil 123
6.5.3 Chile 125
6.5.4 Rest of South America Market 127
6.6 MEA Market 2021-2031 by Country 128
6.6.1 UAE 131
6.6.2 Saudi Arabia 133
6.6.3 South Africa 135
6.6.4 Other National Markets 137
7 Competitive Landscape 138
7.1 Overview of Key Vendors 138
7.2 New Product Launch, Partnership, Investment, and M&A 141
7.3 Company Profiles 142
Advanced MicroSensors Corporation 142
Atomistix A/S 144
Avalanche Technology Inc. 145
Crocus Technology 146
Everspin Technologies Inc. 147
IBM Corporation 148
Intel Corporation 149
NVE Corporation 150
Spin Memory Inc. 151
Synopsys (QuantumWise) 152
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