Static Random Access Memory Market Reviewed in New Analysis
Market Research Future has published a research report on “Static Random Access Memory (SRAM) Market Research Report – Global Forecast to 2025” – Market Analysis, Scope, Issue, Progress, Trends and Forecast to ‘in 2025.
Static random access memory (S-RAM or SRAM) is a semiconductor memory component capable of holding data as long as power is supplied. It is used in small memory banks, caches and registers. The large number of computer applications, microprocessors and consumer electronics can increase its needs exponentially. Market Research Future (MRFR) Global Static Random Access Memory Market report provides a detailed view of the industry teeming with growth catalysts and challenges to estimate the revenue and growth trajectories for the period of 2019 to 2025 (forecast period). The COVID-19 pandemic and its impact are analyzed at a granular level to provide an unbiased view.
The global Static Random Access Memory (SRAM) market was valued at USD 389.3 million in 2018 and is expected to reach USD 527 million by 2025. It may display a CAGR of 4.45% during the period of forecast.
The ability to access data at high speed and compatibility with low power applications can drive the market.
The move to SRAM integrated into ASIC and custom applications may bode well for the market. The assembly of various consumer electronics devices and the demand for quality semiconductor components may fuel the need for SRAM. The popularity of games and gaming devices can lead to their integration into the latest system consoles. This is evident with Microsoft Corporation using SRAM in Xbox One systems, which can speed up file backup compared to traditional DDR3 RAM. In addition, the integration of SRAM non-clonable physical functions (PUFs) on semiconductor chips for data theft prevention can greatly promote the market.
But the complex architecture and expensive nature of the component can threaten the growth of the market.
The key players in Static Random Access Memory Market are identified in all major regions based on their country of origin, presence in different regions, recent key developments, product diversification and industry expertise. Some of them are GSI Technology, Inc. (US), AMIC Technology Corporation (US), Maxwell Technologies (US), Integrated Silicon Solution Inc. (US), Cypress Semiconductor (US) USA), Pyramid Semiconductor Corporation (USA), Integrated Device Technology, Inc. (USA), Lyontek Inc. (Taiwan), Jeju Semiconductor (Ticker: 080220) (JSC) (South Korea), Microchip Technology Inc (Thesis: MCHP) (United States), Renesas Electronics Corporation (Japan), Alliance Memory, Inc. (United States), ON Semiconductor (United States), SemiLEDS Corporation (Taiwan) and Chiplus Semiconductor Corp. (Taiwan). The companies focus on innovation in their existing product portfolio as well as on new product innovation by investing in research and development to analyze changing market trends.
Static Random Access Memory (SRAM) Market – Segmentations
The global static random access memory (SRAM) market has been segmented on the basis of memory type, memory size, application, and region.
- By type, the global Static Random Access Memory (SRAM) market has been segmented into Asynchronous Laser SRAM, Pseudo SRAM, Serial SRAM, Synchronous SRAM, and others.
- By memory size, the global Static Random Access Memory (SRAM) market has been segmented into 8KB to 256KB, 256KB to 2MB and above 2MB.
- App based, the global static random access memory (SRAM) market has been segmented into automotive, industrial, aerospace and defense, consumer electronics, computer and telecommunications, etc.
- By region, the global Static Random Access Memory (SRAM) market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America.
Static Random Access Memory (SRAM) Market – Regional Analysis
The Static Random Access Memory (SRAM) market is expected to experience significant growth during the forecast period of 2019 to 2025. The geographic analysis of the Static Random Access Memory (SRAM) market has been carried out for the ‘North America, Europe and Asia. -Pacific, Middle East and Africa, and Central and South America. According to MRFR analysis, Asia-Pacific region dominated the global Static Random Access Memory (SRAM) market in 2018 and is expected to maintain its dominance during the forecast period. Presence of large semiconductor manufacturing facilities in China and Taiwan, low labor costs, and growing demand for portable consumer electronics have been attributed to the growth of the SRAM market in this region. On the other hand, the North American region is expected to experience the fastest growing global SRAM market during the forecast period 2019-2025. The demand for SRAM in automotive applications such as ADAS and infotainment systems has been attributed to the growth of the SRAM market in the North American region.
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