Memristor Market Report by Type (Molecular and Ionic Film Memristor, Spin Based and Magnetic Memristor), Industry Vertical (Electronics, IT and Telecommunication, Industrial, Aerospace and Defense, Automotive, Healthcare), and Region 2024-2032

Memristor Market Report by Type (Molecular and Ionic Film Memristor, Spin Based and Magnetic Memristor), Industry Vertical (Electronics, IT and Telecommunication, Industrial, Aerospace and Defense, Automotive, Healthcare), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A5795
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Market Overview:

The global memristor market size reached US$ 287.2 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 8,238.7 Million by 2032, exhibiting a growth rate (CAGR) of 44.3% during 2024-2032.

Report Attribute 
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
US$ 287.2 Million
Market Forecast in 2032
US$ 8,238.7 Million
Market Growth Rate (2024-2032) 44.3%


A memristor, also known as a ReRAM, is a non-volatile electronic memory device having a variable electrical resistance. It relies on cell resistance for storing information, which remains saved even if devices lose power. As it is stable, fast, and reliable, it is widely utilized to enable modern computing and memory device technologies, such as nanoelectronic memories and neuromorphic computing architectures. Presently, with advances in silicon technology, electronics based on memristors are finding applications in on-chip memory and storage, in-memory computing, and biologically inspired computing around the world.

Global Memristor Market

Memristor Market Trends:

Due to the key advantages of memristors, including compact size, high retention, enhanced endurance, three-dimensional (3D) design capabilities, and fast reading and writing speed, they have emerged as highly reliable alternatives to flash memories. This, in confluence with the escalating demand for portable, miniature electronics, is influencing the market positively. Moreover, the emerging automation trend in industrial processes is promoting the adoption of robots, which, in turn, is driving the market. Apart from this, the increasing utilization of data centers in the healthcare, information and technology (IT) and telecommunications, and banking, financial services, and insurance (BFSI) industries is impelling the growth of the market worldwide. In line with this, governments of several countries are investing in improving IT infrastructure, which is creating a favorable outlook for the market. Besides this, the increasing investment in research activities to develop innovative transparent electronics, which rely on memristors for storage purposes, is projected to strengthen the market growth in the coming years. Transparent electronics find extensive applications in transportation, energy sources, consumer electronics, and automobile windshields that can transmit visual information to the driver.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global memristor market report, along with forecasts at the global, regional and country levels from 2024-2032. Our report has categorized the market based on type and industry vertical.

Breakup by Type:

  • Molecular and Ionic Film Memristor
    • Titanium Dioxide Memristor
    • Polymeric Memristor
    • Others
  • Spin Based and Magnetic Memristor
    • Spintronic Memristor
    • Spin Torque Transfer (STT) MRAM
       

Breakup by Industry Vertical:

  • Electronics
  • IT and Telecommunication
  • Industrial
  • Aerospace and Defense
  • Automotive
  • Healthcare
     

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
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Avalanche Technology, Crossbar Inc., Everspin Technologies Inc., Fujitsu Semiconductor Memory Solution (Fujitsu Limited), Honeywell International Inc., Knowm Inc., Renesas Electronics Corporation, STMicroelectronics and Weebit Nano.

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Million
Segment Coverage Type, Industry Vertical, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Avalanche Technology, Crossbar Inc., Everspin Technologies Inc., Fujitsu Semiconductor Memory Solution (Fujitsu Limited), Honeywell International Inc., Knowm Inc., Renesas Electronics Corporation, STMicroelectronics and Weebit Nano.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

The global memristor market was valued at US$ 287.2 Million in 2023.

We expect the global memristor market to exhibit a CAGR of 44.3% during 2024-2032.

The rising utilization of memristors for enabling modern computing and memory device technologies, including nanoelectronic memories and neuromorphic computing architectures, as they are stable, fast, and reliable, is primarily driving the global memristor market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary closure of numerous manufacturing units for memristors. 

Based on the type, the global memristor market has been segmented into molecular and ionic film memristor and spin based and magnetic memristor. Currently, molecular and ionic film memristor holds the majority of the global market share.

Based on the industry vertical, the global memristor market can be divided into electronics, IT and telecommunication, industrial, aerospace and defense, automotive, and healthcare. Among these, electronics exhibit a clear dominance in the market.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.

Some of the major players in the global memristor market include Avalanche Technology, Crossbar Inc., Everspin Technologies Inc., Fujitsu Semiconductor Memory Solution (Fujitsu Limited), Honeywell International Inc., Knowm Inc., Renesas Electronics Corporation, STMicroelectronics, and Weebit Nano.

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Memristor Market Report by Type (Molecular and Ionic Film Memristor, Spin Based and Magnetic Memristor), Industry Vertical (Electronics, IT and Telecommunication, Industrial, Aerospace and Defense, Automotive, Healthcare), and Region 2024-2032
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