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Spintronics Market Leading Companies are Quantum Wise, NVE Corporation, Organic Spintronics, IBM Corporation, Plures Technologies, Advanced Micro Sensors, Everspin Technologies
Spintronics
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The major factor driving growth of the Spintronics market is growing adoption of IoT-based devices. For instance, according to the statistics published by Global System Mobile Association (GSMA), the number of industrial IoT connections is expected to increase from 3 billion to 14 billion from 2017 to 2025. This is attributed to rising adoption of solution for smart buildings (for heating, air conditioning, building security, lighting, office equipment, and automation), manufacturing (inventory tracking, monitoring and diagnostics, and warehouse management) and utilities (energy, water & gas smart metering, and smart grid solutions). Increasing demand for technologies such as Advanced Driver Assistance System (ADAS), self-driving technology, fleet management, smart homes, and connected vehicles among others is propelling demand for sensors which is integral part of these technology.
Global Spintronics Market Taxonomy
Global spintronics market is segmented on the basis of device type, application, and region.
• On the Basis of Device Type
o Semiconductors-Based Spintronics
o Alloy-Based Spintronics
o Metallic-Based Spintronics
• On the Basis of Application
o Magnetic Sensors
o Hard Disk
o MRAMs
o Quantum Computing
o Others
• On the Basis of Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
Key Players in Spintronics Market
Major players operating in the global Spintronics market include Quantum Wise, NVE Corporation, Organic Spintronics, IBM Corporation, Plures Technologies, Advanced Micro Sensors, Everspin Technologies, Inc., Spin Transfer Technology, Crocus Technology, and Intel Corporation.
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