openPR Logo
Press release

Memristors Market 2019 Poised to Grow 64.5% CAGR by 2023 | Top Players: SanDisk, Samsung Electronics, Knowm, Panasonic Corporation, Micron Technology, Intel Corporation, Texas Instruments

03-14-2019 03:07 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Prognosis

The global memristors market is expected to register a CAGR of 64.5% during the forecast period of 2018-2023. The scope of the report is limited to electronics, industrial, automotive, healthcare, aerospace & defense, and IT & telecom industries. The regions considered in the scope of the report include North America, Europe, Asia-Pacific, and rest of the world.

Detailed Sample Copy of Updated Analysis @ https://marketprognosis.com/sample-request/17280
Note: “If this link doesn’t work in Internet Explorer, kindly try copy pasting it in other browsers”.

Owing to their advantages, such as compact size, capacity to retain memory without power, very small read and write timing, very high retention, enhanced endurance, and 3D design capabilities, and further being applicable in portable electronics, industrial robotics, supercomputers, servers, and data centers, memristors are expected to witness a significant growth over the forecast period. Most of the major players, such as HP and Lenovo, with respective market shares of 28.66% and 17% in the supercomputers market in 2017, are investing in the technology. With the increasing focus on innovations in these sectors, memristors are expected to be adopted at a healthy rate. Moreover, with rising automation needs across various industries, the demand for memristors is observed to be on the rise. Further, the IoT adoption trend and rising emphasis on the deployment of artificial intelligence will offer opportunities in the near future. However, high costs associated with these devices, coupled with the complexity in their manufacturing may challenge the market’s growth.

The key players in this market include:
• Hewlett Packard Enterprise
• SanDisk Corporation
• Samsung Electronics Co. Ltd
• Knowm Inc.
• Toshiba Corporation
• Panasonic Corporation
• Micron Technology
• Intel Corporation
• Fujitsu Ltd
• Texas Instruments

Key Developments in the Market
• Jun 2017 - The US Department of Energy made a significant investment in the next frontier of computing research, by awarding Hewlett Packard Enterprise a research grant to develop a new supercomputer architecture that will process more than one quintillion calculations per second. This drives HPE’s vision for memory-driven computing architecture.
• Feb 2017 - Panasonic Semiconductor Solutions partnered with United Microelectronics Corporation, for the joint development of mass production process for next-generation 40nm ReRAM. The leading companies in the market are increasingly focusing on developing innovative products with greater memory capacities.

Request Discount on this report @ https://marketprognosis.com/discount-request/17280
Note: “If this link doesn’t work in Internet Explorer, kindly try copy pasting it in other browsers”.

Increasing Incorporation among the Industrial Robots due to the Demand for Advanced Memory Expected to Drive the Adoption of Memristors
Memristors have emerged as a viable and effective alternative for flash memories, thereby finding applications across various industries. The increase in the demand for automation processes across industries is expected to bolster the demand for industrial robots. These robots require flash memory with zero boot time, enhanced durability, and lesser space consumption. Memristors are an emerging technology, and are capable of learning and memory, and as such, offer a route to more brain-like computation. The non-linearity of the device makes it attractive for complex brain-like control of robotics, and the device operates at very low power, making memristor-based circuits much more energy efficient than conventional transistor circuitry. Thus, owing to the increasing demand for industrial robots, the memristors market is poised to register significant growth over the forecast period.

Electronics Segment held the Most Significant Share
The integration of memristors with traditional flexible devices, such as thin-film organic, zinc oxide, or amorphous-Si transistors enable the realization of a new paradigm in computing technology, through lightweight, inexpensive, and flexible electronics. The field of flexible electronics has the potential to revolutionize portable inexpensive electronics, but requires the development of both memory and computational logic components that can be integrated reliably on flexible substrates. The majority of flexible memory devices do not address the needs of a rewritable, low-power flexible memory device. Thus, memristors fill this void, and are elementary circuit elements that could be used to build a new generation of computers, called neuromorphic computers. Further, the emerging trend of transparent electronics is also expected to offer potential opportunities for the introduction of innovative products.

North America Witnessed Significant Adoption of Memristor Devices
Owing to the presence of highly advanced industries in the region, increasing research and development activities, and the presence of a highly informed consumer base compared to other regions, North America accounted for the largest share in the studied market. The region is one of the most prominent contributors to the majority of applications of memristors, including flexible electronics, IoT, and industrial robotics. In 2016, the robit installations in the United States registered a 14% growth, to reach a peak of 31,400 units. In addition, the major companies in the market, such as SanDisk Corporation, Hewlett-Packard, etc., are based in the country, which is another major factor contributing to the region gaining a competitive edge over the rest of the world.

Enquiry Before Buying@ https://marketprognosis.com/enquiry/17280
Note: “If this link doesn’t work in Internet Explorer, kindly try copy pasting it in other browsers”.

About Market Prognosis
We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.

Contact us:
ProgMarkPvt Ltd,
Thane - 421501
India.
Contact No: +1 973 241 5193
Email: sales@marketprognosis.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Memristors Market 2019 Poised to Grow 64.5% CAGR by 2023 | Top Players: SanDisk, Samsung Electronics, Knowm, Panasonic Corporation, Micron Technology, Intel Corporation, Texas Instruments here

News-ID: 1654947 • Views:

More Releases from Market Prognosis

Third-Party Logistics (3PL) Market Latest Study Focuses On Current, Future Innovations and Foreseen Till 2026 | FedEx, Exel Logistics, Menlo Worldwide Logistics, Ryder Logistics
Third-Party Logistics (3PL) Market Latest Study Focuses On Current, Future Innov …
The report covers a forecast and an analysis of the Third-Party Logistics (3PL) Market on a global and regional level. The study provides historical data for 2018, 2019, and 2020 along with a forecast from 2019 to 2026 based on revenue and volume. Overview of the Global Third-Party Logistics (3PL) Market: The report spread across 90 pages is an overview of the Global Third-Party Logistics (3PL) Market. These report study based on the Third-Party
Ride-Hailing Market: An Insight on the Important Factors and Trends Influencing by Top Key Players (Didi, Uber, Lyft, Gett, Hailo, Ola Cabs, Cabify, GoCatch) | Foreseen Till 2026
Ride-Hailing Market: An Insight on the Important Factors and Trends Influencing …
The report covers a forecast and an analysis of the Ride-Hailing Market on a global and regional level. The study provides historical data for 2018, 2019, and 2020 along with a forecast from 2019 to 2026 based on revenue and volume. Overview of the Global Ride-Hailing Market: The report spread across 90 pages is an overview of the Global Ride-Hailing Market. These report study based on the Ride-Hailing Market. It is a complete overview
COVID-19 Impact on Professional Indemnity Insurance Market 2021-2026: Industry Insight and Growth Strategy by Business Players - AIG, Chubb (ACE), Allianz, XL Group, AXA, Aviva
COVID-19 Impact on Professional Indemnity Insurance Market 2021-2026: Industry I …
The report covers a forecast and an analysis of the Professional Indemnity Insurance Market on a global and regional level. The study provides historical data for 2018, 2019, and 2020 along with a forecast from 2019 to 2026 based on revenue and volume. Overview of the Global Professional Indemnity Insurance Market: The report spread across 90 pages is an overview of the Global Professional Indemnity Insurance Market. These report study based on the Professional
Modular Construction Market Future Growth Explored in Latest Research Report by 2026 | Komatsu, Kiewit, Skanska, L&T, Taisei, ACS Group, Bouygues Construction
Modular Construction Market Future Growth Explored in Latest Research Report by …
The report covers a forecast and an analysis of the Modular Construction Market on a global and regional level. The study provides historical data for 2018, 2019, and 2020 along with a forecast from 2019 to 2026 based on revenue and volume. Overview of the Global Modular Construction Market: The report spread across 90 pages is an overview of the Global Modular Construction Market. These report study based on the Modular Construction Market. It

All 5 Releases


More Releases for Corporation

Endotherapy Devices Market Key Players: Hoya Corporation, Olympus Corporation, S …
A fresh report titled “Endotherapy Devices Market” has been presented by KD market insights. It evaluates the key market trends, advantages, and factors that are pushing the overall growth of the market. The report also analyzes the different segments along with major geographies that have more demand for Endotherapy Devices Market. The competition analysis is also a major part of the report. The global endotherapy devices market is projected to reach
Digital Living Room Market 2017-2025 | Samsung Corporation, Sharp Corporation, B …
Global Digital Living Room Market: Snapshot The living room gadgets in the early 1980s were predominantly televisions. Today, living rooms have evolved into a place with a number of devices thanks to inventions and evolution of the consumer electronics industry. Following this, researchers are focused on bridging the gaps between different devices in the living room by means of connected living rooms. This involves connecting the array of primary and secondary
Smart Camera Market || Key Players - Samsung Electronics Co., Canon Inc., Nikon …
Looking at the current market trends as well as the promising demand status of the Smart Camera Market, it can be projected that the future years will bring out positive outcomes. This research report added by MRRSE on its online portal delivers clear insight about the changing tendencies across the global Smart Camera Market. Readers can gather prime facets connected to the target market which includes product, end-use and application;
Global Healthcare Clinical Analytics Market to 2022| IBM Corporation, Cerner Cor …
Albany, NY, 3rd December : Recent research and the current scenario as well as future market potential of "Global Market Study on Healthcare Clinical Analytics: North America to be the Most Lucrative Market During the Assessment Period (2017 - 2022)" globally. Introduction Persistence Market Research delivers yet another unbiased, comprehensive and insightful report titled ‘Healthcare Clinical Analytics Market: Global Industry Analysis (2012-2016) and Forecast (2017-2022)’. Get PDF for more Professional and Technical insights
Endotherapy Devices Market Key Players : Hoya Corporation, Olympus Corporation, …
Endoscopy Devices Market is performed to examine abdominal pain, ulcers, digestive tract bleeding, and abnormal growths in the colon and other abdominal & gastrointestinal (GI) conditions. The minimally invasiveness of this procedure with fewer post operation complications makes it one of the most preferred and sought-after procedures in diagnostics and surgeries. The global endotherapy devices market is projected reach $5,015 million by 2024 from $3,369.0 million in 2017, growing at
Endoscopy Devices Market Share with Olympus Corporation, HOYA Corporation, Fujif …
Endoscopy Devices Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $40,854 million by 2022 from $27,273 million in 2015, registering a CAGR of 5.7% during the period 2016 to 2022. The flexible endoscopes are expected to dominate the global endoscopy devices market. North America is projected to continue its lead, accounting for more than one-third share of the global endoscopy devices market