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Spintronics

Spintronics

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Spintronics
Global Spintronics Market to Reach $4 Billion by 2030
The global market for Spintronics estimated at US$628.3 Million in the year 2022, is projected to reach a revised size of US$4 Billion by 2030, growing at a CAGR of 25.9% over the period 2022-2030. Magnetoresistive Random-Access Memory (MRAM), one of the segments analyzed in the report, is projected to record 27% CAGR and reach US$2.8 Billion by the end of the analysis period. Growth in the Radio Frequency (rf) & Microwave Devices segment is estimated at 24.5% CAGR for the next 8-year period.

The U.S. Market is Estimated at $232.5 Million, While China is Forecast to Grow at 30.7% CAGR
The Spintronics market in the U.S. is estimated at US$232.5 Million in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.2 Billion by the year 2030 trailing a CAGR of 30.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 21.2% and 22% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 22.7% CAGR.Select Competitors (Total 20 Featured) - Avalanche Technology Inc. Crocus Technology, Inc. Everspin Technologies Inc. IBM Corporation NVE Corporation Synopsys, Inc. TDK CorporationPlease note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

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