Industry Insight
According to the latest report, the global FRAM Market
size is estimated to reach USD 343.2 million with a 3.78% CAGR during the
forecast period 2018-2027.
Ferroelectric Random Access Memory (FRAM) is a combination of
fast read and write access of dynamic RAM (DRAM) that uses ferroelectric film
for working. It performs well at low voltages and is not sensitive to
environmental changes due to its low switching energy. Due to its non-volatility
and low power consumption, FRAM becomes ideal to use in various applications.
This memory requires a very little amount of energy for polarization than other
technologies. FRAM with its transit cards, power meters, and gaming systems
proved its capability in the market to scale cost efficiency. This FRAM
recording technology is adopted by various industries like Automotive,
Telecommunication, and IT.
As FRAM devices are sensitive and reactive to slight changes
in electrical voltage, these are used as alternatives to memory recording
devices. These FRAM recording memory devices can store more data and
information using less energy which leads to real economic savings. These
memory recording devices are widely used in the automotive and electronics industry.
Increasing uses of highly scalable memory devices and growing demand for
connected & wearable devices is rapidly expanding the market growth. Rising
usage of FRAM as an alternative to electrically erasable programmable read-only
memory (EEPROM) for preventing the loss of data. It has expeditious write
performance over flash memory which makes it ideal to use as an efficient
alternative to electrically volatile memory.
The FRAM market opportunities are FRAM can run data logging
applications at less power cost is expected to enhance the market growth in the
review period.
Top Market Players
The top market players of the global FRAM market are listed as
Rohm Co., Ltd (Japan), Fujitsu Ltd (Japan), Cypress Semiconductor Corp (US),
Texas Instruments (US), and more.
Get
Sample of Report @ https://www.marketresearchfuture.com/sample_request/8518
Growing demand for FRAM in automotive applications has also
been an essential factor influencing the global FRAM market's growth journey.
In fact, the availability of substitutes is also anticipated to challenge
market growth during the assessment period. Further, the emergence of new FRAM
designs using the CMOS process is likely to act as a prospect for the global
FRAM market during the forecast period, especially post lockdown for the
COVID-19 outbreak.
Some renowned companies such as Cypress Semiconductor
Corporation announced a new family of serial nonvolatile memories as ExcelonTM
Ferroelectric Random-Access Memory. It features high-speed, nonvolatile data
logging that prevents data loss even in harsh automotive and industrial
environments, as well as extreme temperatures. In the same line, Fujitsu also
announced the release of the 8Mbit ReRAM MB85AS8MT. It has the world's most
significant density as a mass-produced ReRAM product. It is optimal for
battery-operated small wearable devices such as hearing aids, Smartwatches, and
smart bands.
Segmentation of Market
The global Ferroelectric Random Access Memory Market Demand
has further been segmented along the following lines:
Depending on product type, the market has included 4K, 16K,
6.18K, 32K, 64K, 128K, 256K, 512K, and more (1M, 2M,4M). Among these, the 256K
segment acquired for the second-largest share. The 4K type is a FRAM that is
manufactured by using the ferroelectric process and silicon gate complementary
metal-oxide-semiconductor (CMOS) process technologies for forming the
nonvolatile memory cells. The 8K FRAM is a built-in nonvolatile memory with a
fast write feature and low power consumption. The 16K type is a FRAM that is
manufactured using the ferroelectric process and silicon gate CMOS process
technologies for forming the nonvolatile memory cells. The 128K is a FRAM chip
that is manufactured using the ferroelectric process and silicon gate CMOS
process technologies for forming the nonvolatile memory cells.
In terms of interface segment, the market has included serial
and parallel.
In terms of the application segment, the market has included
enterprise storage, metering/measurement, factory automation, automotive,
medical, telecommunication, and more.
Regional Front
North America, Asia-Pacific, Europe, and the Middle East and
Africa and Central & South America are the regions involved in the study of
the global FRAM market.
Asia-Pacific is anticipated to lead the FRAM Market during the assessment
period. China has been a significant country for the supply of FRAM modules in
terms of manufacturing that are used in consumer electronic devices. Back in
2018, Asia-Pacific also leads the global market by value USD 114.5 million. It
is now expected to record a CAGR of 3.11% during the foretell period.
Further, the market in North America also posed to be the
fastest-growing at the highest CAGR during the review period.
Get
complete Report @ https://www.marketresearchfuture.com/reports/fram-market-8518
At Market Research Future (MRFR), we enable
our customers to unravel the complexity of various industries through our
Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research
Reports (3R), Continuous-Feed Research (CFR), and Market Research &
Consulting Services.
MRFR team have supreme objective to provide
the optimum quality market research and intelligence services to our clients.
Our market research studies by products, services, technologies, applications,
end users, and market players for global, regional, and country level market
segments, enable our clients to see more, know more, and do more, which help to
answer all their most important questions.
Media Contact:
Market Research Future
(Part of Wantstats Research and Media Private Limited)
99 Hudson Street, 5Th
Floor
New York, NY 10013
United States of America
+1 628 258 0071 (US)
+44 2035 002 764 (UK)
Email: sales@marketresearchfuture.com
Website: https://www.marketresearchfuture.com
No comments:
Post a Comment