Press release
DRAM Chips Market Astonishing Growth with Top Influencing Key Players like Samsung, SK Hynix Inc., Micron Technology Inc., Nanya Technology Corporation
This report discusses many vital industry facets that influence Global DRAM Chips industry acutely which includes extensive study of competitive edge, latest advancements, region-wise industry environment, contemporary market and manufacturing trends, leading market contenders, and current consumption tendency of the end user. The report also oversees market size, market share, growth rate, revenue, and CAGR reported previously along with its forecast estimation. The impact of the COVID-19, and also forecasts its recovery post-COVID-19. The report also presents forecasts for Sodium-ion Battery investments from 2021 till 2027.DRAM Chips Market was valued at USD 45.81 Billion in 2019 and is projected to reach USD 48.64 Billion by 2027, growing at a CAGR of 0.86% from 2020 to 2027.
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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendors/manufacturers in the market. The key manufacturers covered in this report: Samsung, SK Hynix Inc., Micron Technology Inc., Nanya Technology Corporation, Winbond Electronics Corporation (Taiwan)
News and Updates
February 2020 - Samsung announced the commencement of Mass Production of 16GB LPDDR5 DRAM for Next-Generation Premium Smartphones. The data transfer rate for the 16GB LPDDR5 comes in at 5,500 megabits per second (Mb/s), nearly 1.3 times faster than the previous counterpart. Compared to an 8GB LPDDR4X package, the new mobile DRAM delivers more than 20-percent energy savings while providing up to twice the capacity.
Micron launches 176-layer NAND flash and 1-alpha DRAM chips for the data economy- Micron Technology unveiled new memory and storage products that it said could better serve data-driven businesses as the data economy continues to develop.
Market Overview
Dynamic Random Access memory called DRAMS is a type of memory used in various computing and electronic devices like PCs, smartphones, music players, laptops, netbooks, tablet computers, and many more. This report segments the market into type, application, and technology and talks about the significant players providing the DRAMS.
The increasing adoption of microcontroller and memory ICs in automobile electronics and the growing application of memory storage chips in electronic devices is one of the significant factors driving DRAM products' demand. Further, rising demand for consumer electronics led to DRAM being a considerably low cost and high-performance option. With DRAM being used in wearable gadgets, like smartwatches, the allied production capacities are expected to continue to grow.
DRAM has witnessed significant developments as it moved its applications beyond personal computers and mobile devices into servers, automotive, and cloud applications. Such diversification is expected to drive the market studied, over the forecast period.
Server Memory, for instance, has witnessed increased demands with data center loads rising. Multiple new constructions globally and increasing capacities to the exciting centers have led significant attention from the market vendors. In 2020, SK Hynix announced roadmap details to accompany its Q1 earnings. It shared plans on developing 1ynm mobile DRAM, LPDDR5 DRAM, and 64GB server DRAM product sales.
DRAM Chips Market Segmentation:
Breakdown Data by Type
DDR2
DDR3
DDR4
Others
DRAM Chips Breakdown Data by Application
Mobile Device
Computers
Server
Others
Regional and Country-level Analysis
The report offers an exhaustive geographical analysis of the global DRAM Chips market, covering important regions, viz, North America, Europe, China, and Japan. It also covers key countries (regions), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.
Strategic Points Covered in TOC:
The report focuses on global major leading industry players with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials, equipment and downstream consumers analysis is also carried out. What's more, the DRAM Chips industry development trends and marketing channels are analyzed. Finally, the feasibility of new investment projects is assessed, and overall research conclusions are offered.
DRAM Chips market research includes the methodical description of the various factors such as the market growth and detailed information about the different company’s revenue, technological developments, production, and the various other strategic developments. The regional spaces of significant components, including the capacity, cost, price, technology, supplies, profit, and competition are analyzed.
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DRAM Chips Analysis and Strategies Carry Out as below:
The report elucidates a gist of the tried-and-tested as well as innovative strategies undertaken by potential stakeholders with regards to the marketing of the product.
The sales channels chosen (that include direct as well as indirect marketing) by the companies are briefly enumerated in the DRAM Chips market report.
The distributors of these products and a gist of the top-of-the-notch customers for the same are also encompassed in the study.
The report is inclusive of the pivotal driving forces influencing the commercialization landscape of the DRAM Chips market and their impact on the revenue scale of this business sphere.
The rising product demand from the key geographies as well as the pivotal applications and potential business arenas are also included in the DRAM Chips Market report.
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Note: All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.
Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234
Mob: +91-750-707-8687
sales@marketinsightsreports.com
irfan@marketinsightsreports.com
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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