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Spintronics Market

Spintronics Market Size, Share & Segment by Type (Metal-based, Semiconductor-base, Giant magneto resistance-based device, Tunnel magneto resistance-based device , Spin-transfer torque device, Spin-wave logic device, Semiconductor-based devices, Spin diode, Spin filter, A spin field-effect transistor), by Application (Magnetic Sensors, Spintronic Couplers, Hard Disks, Microwave Devices, Electric vehicles, Industrial motors, Data storage, Magnetic random), and by Regions | Global Market Forecast 2022-2028

Report Id: SNS/SEMI/1346 | May 2022 | Region: Global | 125 Pages

Report Scope & Overview:

Spintronics Market was valued at USD 0.75 billion in 2021 and is expected to reach USD 1.07 billion by 2028, and grow at a CAGR of 5.1% over the forecast period 2022-2028.

Spintronics is the study of electrons' natural rotation and magnetic fields as they interact with solid-state machines, in addition to basic electrical charges. Spitronic devices are used in the field of bulk storage. It is used to compress large amounts of data into a small amount of space. The giant-magneto resistive (GMR) sandwich structure, which is made up of flexible ferromagnetic and nonmagnetic metal layers, aids in the development of an industrial prototype device as well as the Spintronics Market Growth as a readable head and memory cell. Spintronic technology, in general, holds the promise of digital electronics. It has been tested on mass storage components such as hard drives. Recent spintronics advances are based on thin nanometric film structures with perpendicular magnetic anisotropy.

Spintronics Market Revenue Graph

MARKET DYNAMICS: 

KEY DRIVERS:

  • Magnetic memory - MRAMs.

  • Increase in microelectronics.

  • Integrated spintronics products.

RESTRAINTS:

  • Electron displacement.

  • Working temperatures that are too low and material selection constraints.

CHALLENGES: 

  • Users' lack of understanding

OPPORTUNITY:

IMPACT OF COVID-19:

The spintronics market is in its early stages, but it has a high market value due to research and technological advances. Furthermore, global closures and crop closures hampered market supply during the first phase of COVID-19. During Spintronics market analysis, however, the situation has expanded into a tested market area, as businesses such as data centres and cloud computing have seen significant increases in Spintronics Market Share, Spintronics Market Growth, demand, and usage.

COMPETITIVE LANDSCAPE:

Major key players in Spintronics Market are  IBM Corporation, NVE Corporation, Plures Technologies, Quantum Wise, NVE Corporation, Organic Spintronics, Advanced Micro Sensors, Everspin Technologies Inc., Crocus Technology Inc., Synopsys (QuantumWise), Spin Memory Inc., IBM Corporation, Plures Technologies, Organic Spintronics, Intel Corporation, Rhomap Ltd., Advanced Micro Sensors Inc., Advanced MicroSensors Corporation, Atomistix A/S, Freescale Semiconductor, Inc., Grandis, Spindeco, Spintronics-Info, Avalanche Technology, other.

MARKET SEGMENTATION:

BY TYPE

  • Metal-based

  • Semiconductor-base

  • Giant magneto resistance-based device

  • Tunnel magneto resistance-based device

  • Spin-transfer torque device

  • Spin-wave logic device

  • Semiconductor-based devices

  • Spin diode

  • Spin filter

  • A spin field-effect transistor

BY APPLICATION

  • Magnetic Sensors

  • Spintronic Couplers

  • Hard Disks

  • Microwave Devices

  • Electric vehicles

  • Industrial motors

  • Data storage

  • Magnetic random access memory

  • Semiconductor lasers

  • Spintronics couplers

  • Others

Spintronics Market Segment Chart

REGIONAL ANALYSIS:

Because of the presence of various Spintronics Market Key players, North America has led the global Spintronics Market and is expected to continue to do so in the foreseeable future. In contrast, the Asia-Pacific region anticipates rapid growth during the forecast period. The growing demand for faster data transfer speeds and larger storage capacity is expected to propel the Spintronics Market in this direction. North America is a leading investor in the research industry due to the high level of research conducted by regional businesses in the spintronics market and the growing acceptance of technology among the region's end users' industry. The majority of the region's major industries of end users of the spintronics market are rapidly developing, allowing market growth.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

 

Spintronics Market Report Scope:
Report Attributes Details
Market Size in 2021 US$ 0.75 Billion
Market Size by 2028 US$ 1.07 Billion
CAGR CAGR of 51% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • by Type (Metal-based, Semiconductor-base, Giant magneto resistance-based device, Tunnel magneto resistance-based device , Spin-transfer torque device, Spin-wave logic device, Semiconductor-based devices, Spin diode, Spin filter, A spin field-effect transistor)
• by Application (Magnetic Sensors, Spintronic Couplers, Hard Disks, Microwave Devices, Electric vehicles, Industrial motors, Data storage, Magnetic random)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles IBM Corporation, NVE Corporation, Plures Technologies, Quantum Wise, NVE Corporation, Organic Spintronics, Advanced Micro Sensors, Everspin Technologies Inc., Crocus Technology Inc., Synopsys (QuantumWise), Spin Memory Inc.
Key Drivers • Magnetic memory - MRAMs.
• Increase in microelectronics.
RESTRAINTS • Electron displacement.
• Working temperatures that are too low and material selection constraints.


Frequently Asked Questions (FAQ) :

Spintronics Market size was valued at 756.72 Million in 2021 at a CAGR of 5.1%.

Top-down research, bottom-up research, qualitative research, quantitative research, and Fundamental research.

Electron displacement and Working temperatures that are too low and material selection constraints limiting the market growth.

Manufacturers, Consultants, Association, Research Institutes, private and university libraries, suppliers, and distributors of the product.


Table of Contents:

 

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 COVID 19 Impact Analysis

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7.  PEST Analysis

 

8. Global Spintronics Market Segmentation, by type

8.1Introduction

8.2 Metal-based

8.3 Semiconductor-base

8.4 Giant magneto resistance-based device

8.5 Tunnel magneto resistance-based device

8.6 Spin-transfer torque device

8.8 Spin-wave logic device

8.9 Semiconductor-based devices

8.10 Spin diode

8.11 Spin filter

8.12 A spin field-effect transistor

8.13 Other

 

9. Global Spintronics Market Segmentation, by Application

9.1 Introduction

9.2 Magnetic Sensors

9.3 Spintronic Couplers

9.4 Hard Disks

9.5 Microwave Devices

9.6 Electric vehicles

9.7 Industrial motors

9.8 Data storage

9.9 Magnetic random access memory

9.10 Semiconductor lasers

9.11 Spintronics couplers

9.12 Others

 

10. Regional Analysis

10.1 Introduction

10.2 North America

10.2.1 USA

10.2.2    Canada

10.2.3    Mexico

10.3        Europe

10.3.1    Germany

10.3.2    UK

10.3.3    France

10.3.4    Italy

10.3.5    Spain

10.3.6    The Netherlands

10.3.7    Rest of Europe

10.4        Asia-Pacific

10.4.1    Japan

10.4.2    South Korea

10.4.3    China

10.4.4    India

10.4.5    Australia

10.4.6    Rest of Asia-Pacific

10.5        The Middle East & Africa

10.5.1    Israel

10.5.2    UAE

10.5.3    South Africa

10.5.4    Rest

10.6        Latin America

10.6.1    Brazil

10.6.2    Argentina

10.6.3    Rest of Latin America

 

12. Company Profiles

12.1 IBM Corporation

12.1.1 Financial

12.1.2 Products/ Services Offered

12.1.3 SWOT Analysis

12.1.4 The SNS view

12.2 NVE Corporation

12.3 Plures Technologies

12.4 Quantum Wise

12.5 NVE Corporation

12.6 Organic Spintronics

12.7 Advanced Micro Sensors

12.8 Everspin Technologies Inc.

12.9 Crocus Technology Inc.

12.10 Synopsys (QuantumWise)

12.11 Spin Memory Inc.

12.12 IBM Corporation

12.13 Plures Technologies

12.14 Organic Spintronics

12.15 Intel Corporation, Rhomap Ltd.

12.16 Advanced Micro Sensors Inc.

12.17 Advanced MicroSensors Corporation

12.18 Atomistix A/S

12.19 Freescale Semiconductor, Inc.

12.20 Grandis, Spindeco

12.21 Spintronics-Info

12.22 Other

 

13. Competitive Landscape

13.1 Competitive Benchmarking

13.2 Market Share analysis

13.3 Recent Developments

 

14. Conclusion

 

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The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

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