Global Memristors Market By Application Overview
Introduction:
Memristors can be defined as a two terminal electrical component relating to electrical charge. They further have the ability to store and process data. MI has considered components (ReRAM, STTMRAM, PCM) that exhibit the above characteristics along with resistance switching abilities, for this study. The demand for memristors is expected to grow due to the increasing demand for faster, efficient, and cost-effective memory solutions.
Drivers and Restraints:
Increasing demand for universal memory devices is the major factor driving growth of the global memristors market. The universal memory devices combine the advantages of both DRAM and flash storage. Universal memory can replace the market for DRAM, which has been used as the current memory of computers and the long-term memory of flash drives. In 2019, the scientists at the Lancaster University in the United Kingdom secured a US patent for an electronic memory device which could solve the digital technology energy crisis. Moreover, it is claimed that if this memory format could be confirmed to be adopted by data centers, it can reduce the consumption of power by one fifth. It can also help the computers that dot need boot up and can switch to an energy-saving sleep mode instantaneously. In addition, increasing demand for enterprise storage applications is also expected to boost growth of the target market over the forecast period. The other next-generation memories, such as 3D Xpoint, offer thousand times faster transfer speeds than the current SSDs. Thus, 3D XPoint can be a significant breakthrough for the companies that are looking to embrace machine learning and AI. However, lack of stability under extreme environmental conditions may hamper growth of the global market over the forecast period.
Segmentation:
The global memristors market is segmented based application, end-user industry, and region.
On the basis of application, the global memristors market is segmented into non-volatile memory, neuromorphic & biological system, and programmable logic & signal processing. Based on end-user industry, the target market is classified into consumer electronics, it & telecommunication, automotive, healthcare, and other end-user industries. In 2018, consumer electronics end-user industry segment dominates the global market and is expected to maintain its dominance over the forecast period. This is mainly attributed due to the requirements for high-speed performance among individuals, owing to the rising need for memory density and high processing power, while maintaining the cost as well.
Based on region the global memristors market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In 2016, North America accounted for the largest market share and is projected to continue its dominance over the forecast period. The growth is majorly attributed due to advancement in technology and replacement of flash memory and D-RAM with memristors, in countries such as the U.S. and Canada.
Key Players:
The key players operating the global memristors market involves Crossbar Inc., Panasonic Corporation, Adesto Technology, DS Memory Limited, Micron Technologies Inc., Samsung Group, Sony Corporation, Western Digital Corporation, Knowm Inc., and Intel Corporation. Prominent players operating in the target market are focusing on the strategic partnerships as well as launching of the products in order to gain competitive edge in the target market. For instance, in February 2019 – Robosensing, Inc. and Crossbar, Inc. announced an AI consortium, which may deliver a vastly accelerated, power-saving AI platform and standard that enables new, AI-rich capability for edge computing, gateways, cloud, and data centers.
Detailed Segmentation:
Global Memristors Market, By Application:
- Non-volatile Memory
- Neuromorphic & Biological System
- Programmable Logic & Signal Processing
Global Memristors Market, By End-user Industry:
- Consumer Electronics
- IT & Telecommunication
- Automotive
- Healthcare
- Other End-user Industries
Global Memristors Market, By Region:
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- North America
- North America Memristors Market, By Application
- North America Memristors Market, By End-user Industry
- North America Memristors Market, By Country
- U.S.
- Canada
- Europe
- Europe Memristors Market, By Application
- Europe Memristors Market, By End-user Industry
- Europe Memristors Market, By Country
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Asia Pacific Memristors Market, By Application
- Asia Pacific Memristors Market, By End-user Industry
- Asia Pacific Memristors Market, By Country
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Latin America Memristors Market, By Application
- Latin America Memristors Market, By End-user Industry
- Latin America Memristors Market, By Country
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Middle East & Africa Memristors Market, By Application
- Middle East & Africa Memristors Market, By End-user Industry
- Middle East & Africa Memristors Market, By Country
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- North America
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Company Profile:
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- Crossbar Inc. *
- Company Overview
- Crossbar Inc. *
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- Product Portfolio
- Key Highlights
- Financial Performance
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- Panasonic Corporation
- Adesto Technology
- DS Memory Limited
- Micron Technologies, Inc.
- Samsung Group
- Sony Corporation
- Western Digital Corporation
- Knowm, Inc.
- Intel Corporation
“*” marked represents similar segmentation in other categories in the respective section
Key Issues Addressed
- What is the total revenue potential of the global the memristors market?
- How that market is expected to grow during the study period?
- What are some of the major growth opportunities in the memristors market?
- Which companies are the major players in the memristors market?
FAQs
The global memristors market is segmented based application, end-user industry, and region.
Increasing demand for universal memory devices is the major factor driving growth of the global memristors market. The universal memory devices combine the advantages of both DRAM and flash storage.
North America accounted for the largest market share and is projected to continue its dominance over the forecast period. The growth is majorly attributed due to advancement in technology and replacement of flash memory and D-RAM with memristors, in countries such as the U.S. and Canada.
Leading players are focusing on product up-gradations to attend competitive edge in the market, last year Robosensing, Inc. and Crossbar, Inc. announced an AI consortium, which may deliver a vastly accelerated, power-saving AI platform and standard that enables new, AI-rich capability for edge computing, gateways, cloud, and data centres.