Asia Pacific spintronics market will grow by 39.3% annually with a total addressable market cap of $29,944.8 million over 2022-2031, driven by the various advantages of spintronics over conventional electronics, the increasing deployment of electric vehicles (EV), a rising demand for magnetoresistive random-access memory (MRAM), the technological advancements along with the increase in government initiatives and investments.
Highlighted with 31 tables and 48 figures, this 97-page report “Asia Pacific Spintronics Market 2021-2031 by Device Type (Metal-based, Semiconductor-based), Application (EV and Industrial Motor, MRAM, Magnetic Sensing, Semiconductor Laser, Others), Industry Vertical, and Country: Trend Forecast and Growth Opportunity” is based on comprehensive research of the entire Asia Pacific spintronics market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2019-2021 and provides forecast from 2022 till 2031 with 2021 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of Asia Pacific market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify Asia Pacific spintronics market in every aspect of the classification from perspectives of Device Type, Application, Industry Vertical, and Country.
Based on Device Type, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
• Metal-based Devices
o Giant Magneto Resistance-based Device (GMRs)
o Tunnel Magneto Resistance-based Device (TMRs)
o Spin-transfer Torque Device
o Spin-wave Logic Device
• Semiconductor-based Devices
o Spin Diode
o Spin Filter
o Spin Field Effect Transistor (FETs)
Based on Application, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
• Electric Vehicle and Industrial Motor
• Data Storage/MRAM
• Magnetic Sensing
• Semiconductor Laser
• Other Applications
By Industry Vertical, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
• Automotive & Transportation
• IT & Telecommunication
• Electronics & Semiconductors
• Manufacturing
• Healthcare
• Other Industry Verticals
Geographically, the following national/local markets are fully investigated:
• Japan
• China
• South Korea
• Australia
• India
• Rest of APAC (further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2021-2031. The breakdown of national markets by Device Type, Application, and Industry Vertical over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
Advanced MicroSensors Corporation
Atomistix A/S
Avalanche Technology Inc.
Crocus Technology
Everspin Technologies Inc.
IBM Corporation
Intel Corporation
NVE Corporation
Spin Memory Inc.
Synopsys (QuantumWise)
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
1 Introduction 6
1.1 Industry Definition and Research Scope 6
1.1.1 Industry Definition 6
1.1.2 Research Scope 7
1.2 Research Methodology 10
1.2.1 Overview of Market Research Methodology 10
1.2.2 Market Assumption 11
1.2.3 Secondary Data 11
1.2.4 Primary Data 11
1.2.5 Data Filtration and Model Design 12
1.2.6 Market Size/Share Estimation 13
1.2.7 Research Limitations 14
1.3 Executive Summary 15
2 Market Overview and Dynamics 17
2.1 Market Size and Forecast 17
2.1.1 Impact of COVID-19 on World Economy 19
2.1.2 Impact of COVID-19 on the Market 21
2.2 Major Growth Drivers 23
2.3 Market Restraints and Challenges 29
2.4 Emerging Opportunities and Market Trends 32
2.5 Porter’s Fiver Forces Analysis 36
3 Segmentation of Asia Pacific Market by Device Type 40
3.1 Market Overview by Device Type 40
3.2 Metal-based Devices 42
3.2.1 Giant Magneto Resistance-based Device (GMRs) 43
3.2.2 Tunnel Magneto Resistance-based Device (TMRs) 44
3.2.3 Spin-transfer Torque Device 45
3.2.4 Spin-wave Logic Device 46
3.3 Semiconductor-based Devices 47
3.3.1 Spin Diode 48
3.3.2 Spin Filter 49
3.3.3 Spin Field Effect Transistor (FETs) 50
4 Segmentation of Asia Pacific Market by Application 51
4.1 Market Overview by Application 51
4.2 Electric Vehicle and Industrial Motor 53
4.3 Data Storage/MRAM 54
4.4 Magnetic Sensing 55
4.5 Semiconductor Laser 56
4.6 Other Applications 57
5 Segmentation of Asia Pacific Market by Industry Vertical 58
5.1 Market Overview by Industry Vertical 58
5.2 Automotive & Transportation 60
5.3 IT & Telecommunication 61
5.4 Electronics & Semiconductors 62
5.5 Manufacturing 63
5.6 Healthcare 64
5.7 Other Industry Verticals 65
6 Asia-Pacific Market 2021-2031 by Country 66
6.1 Overview of Asia-Pacific Market 66
6.2 Japan 69
6.3 China 72
6.4 Australia 74
6.5 India 76
6.6 South Korea 78
6.7 Rest of APAC Region 80
7 Competitive Landscape 82
7.1 Overview of Key Vendors 82
7.2 New Product Launch, Partnership, Investment, and M&A 85
7.3 Company Profiles 86
Advanced MicroSensors Corporation 86
Atomistix A/S 88
Avalanche Technology Inc. 89
Crocus Technology 90
Everspin Technologies Inc. 91
IBM Corporation 92
Intel Corporation 93
NVE Corporation 94
Spin Memory Inc. 95
Synopsys (QuantumWise) 96
RELATED REPORTS 97
List of Tables:
Table 1. Snapshot of Asia Pacific Spintronics Market in Balanced Perspective, 2021-2031 16
Table 2. World Economic Outlook, 2021-2031 20
Table 3. World Smartphone Connections, Average Network Connection Speed for Smartphones and Tablets, 2019-2030 26
Table 4. World Mobile Data Traffic by Deployment Mode, 2019-2030, EB/year 27
Table 5. World Mobile Data Traffic by Device, 2019-2030, EB/year 27
Table 6. Main Product Trends and Market Opportunities in Asia Pacific Spintronics Market 32
Table 7. Asia Pacific Spintronics Market by Device Type, 2021-2031, $ mn 40
Table 8. Asia Pacific Spintronics Market: Metal-based Devices by Type, 2021-2031, $ mn 42
Table 9. Asia Pacific Spintronics Market: Semiconductor-based Devices by Type, 2021-2031, $ mn 47
Table 10. Asia Pacific Spintronics Market by Application, 2021-2031, $ mn 51
Table 11. Asia Pacific Spintronics Market by Industry Vertical, 2021-2031, $ mn 58
Table 12. APAC Spintronics Market by Country, 2021-2031, $ mn 67
Table 13. Japan Spintronics Market by Device Type, 2021-2031, $ mn 71
Table 14. Japan Spintronics Market by Application, 2021-2031, $ mn 71
Table 15. Japan Spintronics Market by Industry Vertical, 2021-2031, $ mn 71
Table 16. China Spintronics Market by Device Type, 2021-2031, $ mn 73
Table 17. China Spintronics Market by Application, 2021-2031, $ mn 73
Table 18. China Spintronics Market by Industry Vertical, 2021-2031, $ mn 73
Table 19. Australia Spintronics Market by Device Type, 2021-2031, $ mn 75
Table 20. Australia Spintronics Market by Application, 2021-2031, $ mn 75
Table 21. Australia Spintronics Market by Industry Vertical, 2021-2031, $ mn 75
Table 22. India Spintronics Market by Device Type, 2021-2031, $ mn 77
Table 23. India Spintronics Market by Application, 2021-2031, $ mn 77
Table 24. India Spintronics Market by Industry Vertical, 2021-2031, $ mn 77
Table 25. South Korea Spintronics Market by Device Type, 2021-2031, $ mn 79
Table 26. South Korea Spintronics Market by Application, 2021-2031, $ mn 79
Table 27. South Korea Spintronics Market by Industry Vertical, 2021-2031, $ mn 79
Table 28. Spintronics Market in Rest of APAC by Country/Region, 2021-2031, $ mn 81
Table 29. Advanced MicroSensors Corporation: Company Snapshot 86
Table 30. Advanced MicroSensors Corporation: Business Segmentation 87
Table 31. Advanced MicroSensors Corporation: Product Portfolio 87
