Press release
Spintronics Market Report 2027: Industry Analysis, Size, Share, Growth and Demand
According to the latest report by IMARC Group, titled "Spintronics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," The global spintronics market size reached US$ 658.1 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 879.8 Million by 2027, exhibiting a growth rate (CAGR) of 5.1% during 2022-2027.Report Metric
Historical: 2016-2021
Base Year: 2021
Forecast Year: 2022-2027
Download free sample of the report: https://www.imarcgroup.com/spintronics-market/requestsample
Global Spintronics Market Industry Definition and Application:
Spintronics is an emerging technology exploiting the intrinsic spin of electrons and their associated orbital moment in solid-state devices. It relies on various metal-based devices, such as tunnel magneto resistance-based (TMRS), giant magneto resistance-based (GMRS), spin-wave logic devices, and spin-transfer torque. It is applied to semiconductors, magnetic multilayers, and mass-storage devices that use the spin of electrons to carry information. It finds extensive application in electric vehicles (EVs), industrial motors, and magnetic sensing systems.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Global Spintronics Market Trends and Drivers:
The escalating demand for hybrid and electric vehicles (EVs) across the globe represents one of the key factors strengthening the growth of the market. It can also be attributed to the assistance of spintronics in detecting the remaining battery capacity accurately and checking the charge and discharge condition to enhance the overall performance of vehicles. In addition, technological advancements and changing requirements of individuals are intensifying the competition among electronics and semiconductors industry players. Moreover, increasing investments by leading market players in research and development (R&D) activities are expected to drive the market.
Browse full report with TOC: https://www.imarcgroup.com/spintronics-market
Global Spintronics Market Segmentation:
Competitive Landscape:
The report has segmented the market on the basis on region, type, application, end-use.
Breakup by Type:
Metal-Based Devices
Giant Magneto Resistance-Based Device (GMRs)
Tunnel Magneto Resistance-Based Device (TMRs)
Spin-Transfer Torque Device
Spin-Wave Logic Device
Semiconductor-Based Devices
Spin Diode
Spin Filter
Spin Field Effect Transistor (FETs)
Breakup by Application:
Magnetic Sensors
Hard Disks and MRAMs
Electric Vehicle and Industrial Motor
Quantum Computing
RF and Microwave Devices
Others
Breakup by End-Use:
Automotive
Consumer Electronics
Healthcare
IT and Telecom
Others
Breakup by Region:
North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa
Who are the Major Spintronics Market Key players?
The report provides a detailed analysis of the market leaders, including.
Avalanche Technology, Crocus Technology, Everspin Technologies Inc., FUTEK Advanced Sensor Technology Inc., Intel Corporation, International Business Machines Corporation, Merck KGaA, NVE Corporation, Spin Memory Inc. and Synopsys Inc.
Related Report by IMARC Group:
United States Articulated Robot Market Report: https://www.imarcgroup.com/united-states-articulated-robot-market
GCC Grow Light Market Report: https://www.imarcgroup.com/gcc-grow-light-market
India Grow Light Market Report: https://www.imarcgroup.com/india-grow-light-market
Power Electronics Market Report: https://www.imarcgroup.com/power-electronics-market
Multi-Mode Receiver Market Report: https://www.imarcgroup.com/multi-mode-receiver-market
Magneto Resistive RAM (MRAM) Market Report: https://www.imarcgroup.com/magneto-resistive-ram-market
LED Driver Market Report: https://www.imarcgroup.com/led-driver-market
Robot End Effector Market Report: https://www.imarcgroup.com/robot-end-effector-market
IMARC Group
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Sheridan, WY 82801 USA - Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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