Press release
Magneto Resistive RAM (MRAM) Market Trends And Opportunities By Types And Application In Grooming Regions; Edition 2021-2027
As the world continues to deal with COVID-19, economies are moving into recession, under multiple adverse factors, the GDP of European and American countries in the second quarter suffered a historical contraction. At an annualized rate, the US GDP fell by 32.9% month on month, while the overall GDP of the euro zone fell by 12.1%.Moreover, the economic prospects of Europe and the United States in the third quarter under the epidemic situation are hardly optimistic. The resumption of work and production not only brought economic data back, but also triggered a rebound in the epidemic situation. At present, the United States is still the 'epicenter' of the global epidemic. The total number of confirmed cases has exceeded 4.8 million, and the epidemic situation in some European countries has also rebounded. Affected by this, more than 20 states in the United States have announced the suspension or withdrawal of part of the economic restart plan. Britain and Italy have also decided to extend the state of emergency. The rebound of the epidemic situation has posed considerable risks to the economic prospects of Europe and the United States.
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Competitive Analysis; Who are the Major Players in Magneto Resistive RAM (MRAM) Market?
Everspin Technologies Inc.
NVE Corporation
Honeywell International Inc.
Avalanche Technology Inc.
Toshiba
Spin Transfer Technologies
Samsung Electronics Co. Ltd.
TSMC
Major Type of Magneto Resistive RAM (MRAM) Covered in RMozResearch report:
256 kb
1 Mb
4 Mb
16 Mb
Application Segments Covered in RMoz Research Market
Consumer Electronics
Robotics
Automotive
Enterprise Storage
Aerospace & Defense
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Compared with the United States, Europe's economic contraction in the second quarter was smaller, but it was also the lowest on record, with Germany and France contracting more than 10%. According to the data released by the Federal Bureau of statistics, Germany's GDP fell by 10.1% in the second quarter after adjusting for prices, seasons and working days, the largest decline since the quarterly economic data were available in 1970.
Thanks to the effective control and policy support of the new epidemic, China's economy rebounded sharply in the second quarter. The growth rate of manufacturing industry, which accounted for about 28% of GDP, rebounded sharply to 4.4% from the negative value in the first quarter. Chinese original equipment manufacturers (OEMs) and suppliers are ramping up production. And there are increased investments in digital footprints in manufacturing. OEMs in other parts of the world are offering incentives to drive sales. XYZResearch published a report for global Magneto Resistive RAM (MRAM) market in this environment.
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Hitherto, these…