Description
Introduction
Spintronics utilizes the spin and energy of an electron to transmit information. Some advantages of spintronics over conventional modes of transferring information are faster, smaller and more data storage capability. The need for higher data storage and faster transfer speeds is a key factor in the spintronics market.
End User/Technology
Spintronics read heads are being extensively used in the hard disk drive of computers, laptops etc. Nanotechnology is being used in this regard. The higher demand for electric vehicles to combat air pollution is also driving this market. One of the foremost uses of spintronics is in quantum computing. Using this computing time and complexity is reduced to a large extent. Using quantum states and magnetic spin, calculations can be done way faster than conventional calculators.
Market Dynamics
The need for faster speeds and higher transfer of data as well the ever-increasing size of data is the main factor influencing the global spintronics market. The global spintronics market will be 11.7 billion USD by 2020.
Market segmentation
Based on the type:
- Semiconductor-based
- Metal-based
- Others
Based on geography
- Asia-Pacific
- Europe
- North America
- Rest of The World
Based on application
- Data storage
- Electric vehicles
- Industrial motors
- Magnetic Random-Access Memory
- Magnetic sensing
- Magnetic tunnel transistors
- Semiconductor lasers
- Spintronic Couplers
- Quantum Computing
- Microwave Devices
- Others
Regional/Geographic Analysis
North America and Europe use the highest number of spintronic technologies. The developing countries like India and China are major markets for electric vehicles due to increasing acceptance of the technology. The growing population and rising disposable income of middle class, coupled with rising air pollution are driving the demand for spintronics devices in populous countries of India and China. Even in Latin America, the usage of spintronics in R&D is quite high, with Brazil and Argentina leading the countries.
Key Players
- Intel Corporation
- IBM Corporation
- Plures Technologies
- NVE Corporation
- Market segments
- Market Drivers, Restraints and Opportunities
- Market Size & Forecast 2016 to 2022
- Supply & Demand Value Chain
- Market – Current Trends
- Competition & Major Companies
- Technology and R&D Status
- Porters Five Force Analysis
- Strategic and Critical Success Factor Analysis of Key Players
- North America
- US and Canada
- Latin America
- Mexico, Brazil, Argentina and Rest of Latin America
- Western Europe
- EU5 (Germany, France, Italy, Spain, U.K.)
- Nordic Countries (Denmark, Finland, Norway, and Sweden)
- Benelux (Belgium, The Netherlands, and Luxembourg)
- Rest of Western Europe
- Eastern Europe
- Russia
- Poland
- Rest of Eastern Europe
- Asia Pacific
- China
- India
- Japan
- Australia and New Zealand
- Rest of Asia Pacific
- Middle East and Africa
- GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
- South Africa
- North Africa
- Rest of Middle East and Africa
This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.
- Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
- Consumer and Pricing Analysis
- Market dynamics of the industry
- Market Segmentation
- Estimated Market Sizing in terms of volume and value
- Recent trends in Market and impact
- Research Status and Technology Overview
- Extensive Industry Structure Coverage
