Global MRAM Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

MRAM, also known as magneto resistive RAM or magnetic RAM, is a type of non volatile RAM memory which uses magnetic charges in order to store data.
According to our (Global Info Research) latest study, the global MRAM market size was valued at USD 150.9 million in 2022 and is forecast to a readjusted size of USD 617.1 million by 2029 with a CAGR of 22.3% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global core MRAM manufacturers include Everspin Technologies, Avalanche Technology, Honeywell etc.The top 3 companies hold a share about 47%.North America is the largest market, with a share about 75%, followed by Europe and Asia Pacific with the share about 15% and 5%.
In terms of product, toggle MRAM is the largest segment, with a share over 70%. And in terms of application, the largest application is aerospace, followed by automotive.
This report is a detailed and comprehensive analysis for global MRAM market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global MRAM market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global MRAM market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global MRAM market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global MRAM market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for MRAM
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global MRAM market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Everspin Technologies, Avalanche Technology, Honeywell, Renesas and Crocus Nano Electronics, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
MRAM market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
    Toggle MRAM
    STT-MRAM
Market segment by Application
    Aerospace
    Automotive
    Factory Automation
    Enterprise Storage
    Internet of Things
    Others
Major players covered
    Everspin Technologies
    Avalanche Technology
    Honeywell
    Renesas
    Crocus Nano Electronics
    Samsung Electronics
    Cobham
    NVE Corporation
Market segment by region, regional analysis covers
    North America (United States, Canada and Mexico)
    Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
    Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
    South America (Brazil, Argentina, Colombia, and Rest of South America)
    Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe MRAM product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of MRAM, with price, sales, revenue and global market share of MRAM from 2018 to 2023.
Chapter 3, the MRAM competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the MRAM breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and MRAM market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of MRAM.
Chapter 14 and 15, to describe MRAM sales channel, distributors, customers, research findings and conclusion.