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The SLC NAND flash memory market by end user is further segmented into automotive, industrial, communication, computer & IT, consumer electronics, and others. Industrial segment of the SLC NAND flash memory market dominated the end user segment and is anticipated to continue its dominance throughout the forecast period from 2019 u2013 2027. The global manufacturing sector is expanding rapidly with the emerging investments from various regions in technological advancements.<br><br>Read more @ https://www.theinsightpartners.com/reports/slc-nand-market/<br>
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SLC NAND Flash Memory Market SLC NAND Flash Memory Market to 2027 - Global Analysis and Forecasts by Type (Serial NAND and Parallel NAND); Application (Automotive, Industrial, Communication, Computers and IT, Consumer Electronics, and Others); Density (1Gb, 2Gb, 4Gb, 8Gb, and Above 8Gb)
SLC NAND Flash Memory Market Current and future MarketScenario • The global SLC NAND flash memory market accounted to US$ 1.15 Bn in 2018 and is expected to grow at a CAGR of 5.6% during the forecast period 2019 - 2027, to account to US$ 1.98 Bn by 2027. • In terms of volume, the global SLC NAND flash memory market accounted to 142 Mn units in 2018 and is expected to grow at a CAGR of 6.4% during the forecast period 2019 – 2027, to account to US$ 260.5 Mn units by 2027. • Geographically, the SLC NAND flash memory market is segmented into North America, APAC, Europe, RoW regions. Asia Pacific led the SLC NAND flash memory market in 2018 with a significant market share and is anticipated to continue its dominance in the coming years to during the forecast period. • Growing usage of the semiconductor based electronic devices in various industry verticals owing to the advent of IoT and Industrial IoT is one major factor driving the demands for these products. • The North America is the second-largest market in the SLC NAND flash memory market. Apart from Asia Pacific and North America, Europe remains at the third-largest geographic segment in the SLC NAND flash memory market.
SLC NAND Flash Memory Market Factors Contributing to MarketGrowth • In Europe, such as France, the UK, and others countries has experienced rules and regulations formulated by the government for the rollout of autonomous cars, and therefore, the scope of SLC NAND flash memory in autonomous vehicles is rising. • The production and adoption of consumer electronics in the Asian market, provides SLC NAND flash memory providers with high growth opportunities in the region. • Market Insights • Increasing digitalization and arrival of data-centric applications • The rapidly increasing data-centric applications of SLC NAND flash memories in numerous industry verticals worldwide coupled with the burgeoning prominence of mobile devices and connected technology is expected to offer an impetus growth in the demand for SLC NAND flash memories.
Key Findings • The rising demand by the IT companies for making the computer's system further secured and enhance its efficiency is expected to drive innovative applications of SLC NAND flash memories. The factor is subsequently anticipated to encourage the SLC NAND flash memory market growth during the forecast period. • Rising penetration of driverless cars to offer a robust platform • The trends such as car telematics, easy-to-use and interactive infotainment systems are emerging at rapid rates and being developed with a focus on driver and passenger safety. Also, the implementation of other safety features have resulted in the reduced number of car accidents as well as fatalities in the last decade. • Vehicles of today come with increased computing power, and this has been realized owing to the increasing electronic integrations into the vehicles. Rising demand for autonomous cars, particularly in developed countries like U.S and U.K is anticipated to contribute to the demand growth of SLC NAND flash memories. • This is expected to provide huge opportunities for SLC NAND flash memory companies and thus, positively impacting the SLC NAND flash memory market.
SLC NAND Flash Memory Market MarketSegments by Type (Serial NAND and Parallel NAND) Application Automotive, Industrial, Communication, Computers and IT, Consumer Electronics Density (1Gb, 2Gb, 4Gb, 8Gb, and Above 8Gb)
SLC NAND Flash Memory Market DominatingSegments • Type Insights • The global SLC NAND flash memory market by type is segmented into series and parallel. Parallel NAND segment dominates the SLC NAND flash memory market heavily and is projected to continue its dominance throughout the forecast period from 2019 – 2027. • The SLC NAND demands 1 bit ECC and different platforms with NAND interface which are proficient at accessing it precisely. The NAND Flash memory solutions are heavily utilized at a myriad of applications such as IoT, storage, automotive, networking, mobile phones, set-top box, DSL, and other applications. • Get sample PDF copy @ https://www.theinsightpartners.com/sample/TIPRE00006134/
DominatingSegments • Application Insights • The SLC NAND flash memory market by end user is further segmented into automotive, industrial, communication, computer & IT, consumer electronics, and others. Industrial segment of the SLC NAND flash memory market dominated the end user segment and is anticipated to continue its dominance throughout the forecast period from 2019 – 2027. • The global manufacturing sector is expanding rapidly with the emerging investments from various regions in technological advancements. • Density Insights • The SLC NAND flash memory market by application is further segmented into 1Gb, 2Gb, 4Gb, 8Gb, and above 8Gb. The above 8Gb segment of the SLC NAND flash memory market dominated the application segment and is expected to dominante the market throughout the forecast period from 2019 – 2027. • The With continuous development in embedded applications such as 3G/4G data card and mobile phones, demand for high density of flash memory products such as 8Gb grows.
Dominating Segments Strategic Insights Some of the market Initiatives were observed to be most adopted strategy in the global SLC NAND flash memory market. Few of the recent market initiatives are listed below; 2019: Micron Technology and Qualcomm together aims to facilitate advanced automotive connectivity solution which leverages 5G networks for direct cellular vehicle-to-everything (CV2X) communication and autonomous driving. For this, Micron developed a portfolio which consists of SLC NAND and ultra-small 8x9.5mm, 149 ball count multichip package (MCP) solutions. 2019:Winbond Electronics Corporation introduced new LPDDR4x memory and 1.8V 2Gb+2Gb NAND Flash memory product in an 8.0mm x 9.5mm x 0.8mm multi-chip package (MCP). The innovative product combines robust SLC NAND Flash and low-power LPDDR4x memory and offers enough memory capacity for the 5G cellular modems. Through this development, the company’s new product would be used as a Customer Premises Equipment (CPE) in offices and homes.
SLC NAND Flash Memory Market LeadingPlayers 2018: Intel Corporation and Micron Technology, Inc. partnered to complete the development of second generation of 3D XPoint technology. It is a non-volatile memory with dramatically lower latency and exponentially greater endurance than NAND memory at the Intel-Micron Flash Technologies (IMFT) facility in Lehi, Utah. 2018: Kingston Digital, Inc. launched A1000 PCIeNVMe SSD. The new M.2 drive is an entry-level consumer-grade PCIeNVMe SSD of Kingston using 3D NAND.
Leading Players • Global SLC NAND Flash Memory Market - Company Profiles • Cypress Semiconductor • Intel Corporation • Kingston Technology Europe Co LLP • Microchip Technology Inc. • Micron Technology Inc. • Samsung Electronics Co Ltd. • SK Hynix Semiconductor Inc. • Toshiba Corporation • Western Digital Corporation • Winbond Electronics Corporation • Fudan Microelectronics (FMSH)
REGIONAL FRAMEWORK REGIONAL FRAMEWORK
MARKET SEGMENTATION Exhibit: MARKET SEGMENTATION
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