Global Spin-Transfer Torque Random Access Memory Market Growth 2023-2029

The Spin-Transfer Torque Random Access Memory industry can be broken down into several segments, 4 Mb STT-MRAM, 8 Mb STT-MRAM, 16 Mb STT-MRAM, 256Mb STT-MRAM, etc. Across the world, the major players cover Everspin, Avalanche Technology, etc. Spin-transfer-torque random access memory (STT-RAM) is an emerging non-volatile memory technology that stores information as the relative alignment of two ferromagnets in a magnetic tunnel junction stack. Due to high scalability, speed and endurance STT-RAM is being considered as a promising candidate for future universal memory. Spin-transfer-torque random access memory (STT-RAM) started volume production in 2017.

LPI (LP Information)' newest research report, the “Spin-Transfer Torque Random Access Memory Industry Forecast” looks at past sales and reviews total world Spin-Transfer Torque Random Access Memory sales in 2022, providing a comprehensive analysis by region and market sector of projected Spin-Transfer Torque Random Access Memory sales for 2023 through 2029. With Spin-Transfer Torque Random Access Memory sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Spin-Transfer Torque Random Access Memory industry.

This Insight Report provides a comprehensive analysis of the global Spin-Transfer Torque Random Access Memory landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Spin-Transfer Torque Random Access Memory portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Spin-Transfer Torque Random Access Memory market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Spin-Transfer Torque Random Access Memory and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Spin-Transfer Torque Random Access Memory.

The global Spin-Transfer Torque Random Access Memory market size is projected to grow from US$ 64 million in 2022 to US$ 1881.5 million in 2029; it is expected to grow at a CAGR of 1881.5 from 2023 to 2029.

Global Spin-Transfer Torque Random Access Memory key players include Everspin, Avalanche Technology, Renesas Electronics, etc. Global top three manufacturers hold a share about 50%. Asia-Pacific is the largest market, with a share about 62%, followed by North America and Europe, both have a share over 37 percent. In terms of product, 16 Mb is the largest segment, with a share over 27%. And in terms of application, the largest application is Industrial, followed by Enterprise Storage, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Spin-Transfer Torque Random Access Memory market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    4 Mb STT-MRAM
    8 Mb STT-MRAM
    16 Mb STT-MRAM
    256 Mb STT-MRAM
    Others

Segmentation by application
    Industrial
    Enterprise Storage
    Aerospace Applications
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Everspin
    Avalanche Technology
    Renesas Electronics

Key Questions Addressed in this Report
What is the 10-year outlook for the global Spin-Transfer Torque Random Access Memory market?
What factors are driving Spin-Transfer Torque Random Access Memory market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Spin-Transfer Torque Random Access Memory market opportunities vary by end market size?
How does Spin-Transfer Torque Random Access Memory break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

List of Tables
    Table 1. Spin-Transfer Torque Random Access Memory Annual Sales CAGR by Geographic Region (2018, 2022 & 2029) & ($ millions)
    Table 2. Spin-Transfer Torque Random Access Memory Annual Sales CAGR by Country/Region (2018, 2022 & 2029) & ($ millions)
    Table 3. Major Players of 4 Mb STT-MRAM
    Table 4. Major Players of 8 Mb STT-MRAM
    Table 5. Major Players of 16 Mb STT-MRAM
    Table 6. Major Players of 256 Mb STT-MRAM
    Table 7. Major Players of Others
    Table 8. Global Spin-Transfer Torque Random Access Memory Sales by Type (2018-2023) & (K Units)
    Table 9. Global Spin-Transfer Torque Random Access Memory Sales Market Share by Type (2018-2023)
    Table 10. Global Spin-Transfer Torque Random Access Memory Revenue by Type (2018-2023) & ($ million)
    Table 11. Global Spin-Transfer Torque Random Access Memory Revenue Market Share by Type (2018-2023)
    Table 12. Global Spin-Transfer Torque Random Access Memory Sale Price by Type (2018-2023) & (US$/Unit)
    Table 13. Global Spin-Transfer Torque Random Access Memory Sales by Application (2018-2023) & (K Units)
    Table 14. Global Spin-Transfer Torque Random Access Memory Sales Market Share by Application (2018-2023)
    Table 15. Global Spin-Transfer Torque Random Access Memory Revenue by Application (2018-2023)
    Table 16. Global Spin-Transfer Torque Random Access Memory Revenue Market Share by Application (2018-2023)
    Table 17. Global Spin-Transfer Torque Random Access Memory Sale Price by Application (2018-2023) & (US$/Unit)
    Table 18. Global Spin-Transfer Torque Random Access Memory Sales by Company (2018-2023) & (K Units)
    Table 19. Global Spin-Transfer Torque Random Access Memory Sales Market Share by Company (2018-2023)
    Table 20. Global Spin-Transfer Torque Random Access Memory Revenue by Company (2018-2023) ($ Millions)
    Table 21. Global Spin-Transfer Torque Random Access Memory Revenue Market Share by Company (2018-2023)
    Table 22. Global Spin-Transfer Torque Random Access Memory Sale Price by Company (2018-2023) & (US$/Unit)
    Table 23. Key Manufacturers Spin-Transfer Torque Random Access Memory Producing Area Distribution and Sales Area
    Table 24. Players Spin-Transfer Torque Random Access Memory Products Offered
    Table 25. Spin-Transfer Torque Random Access Memory Concentration Ratio (CR3, CR5 and CR10) & (2018-2023)
    Table 26. New Products and Potential Entrants
    Table 27. Mergers & Acquisitions, Expansion
    Table 28. Global Spin-Transfer Torque Random Access Memory Sales by Geographic Region (2018-2023) & (K Units)
    Table 29. Global Spin-Transfer Torque Random Access Memory Sales Market Share Geographic Region (2018-2023)
    Table 30. Global Spin-Transfer Torque Random Access Memory Revenue by Geographic Region (2018-2023) & ($ millions)
    Table 31. Global Spin-Transfer Torque Random Access Memory Revenue Market Share by Geographic Region (2018-2023)
    Table 32. Global Spin-Transfer Torque Random Access Memory Sales by Country/Region (2018-2023) & (K Units)
    Table 33. Global Spin-Transfer Torque Random Access Memory Sales Market Share by Country/Region (2018-2023)
    Table 34. Global Spin-Transfer Torque Random Access Memory Revenue by Country/Region (2018-2023) & ($ millions)
    Table 35. Global Spin-Transfer Torque Random Access Memory Revenue Market Share by Country/Region (2018-2023)
    Table 36. Americas Spin-Transfer Torque Random Access Memory Sales by Country (2018-2023) & (K Units)
    Table 37. Americas Spin-Transfer Torque Random Access Memory Sales Market Share by Country (2018-2023)
    Table 38. Americas Spin-Transfer Torque Random Access Memory Revenue by Country (2018-2023) & ($ Millions)
    Table 39. Americas Spin-Transfer Torque Random Access Memory Revenue Market Share by Country (2018-2023)
    Table 40. Americas Spin-Transfer Torque Random Access Memory Sales by Type (2018-2023) & (K Units)
    Table 41. Americas Spin-Transfer Torque Random Access Memory Sales by Application (2018-2023) & (K Units)
    Table 42. APAC Spin-Transfer Torque Random Access Memory Sales by Region (2018-2023) & (K Units)
    Table 43. APAC Spin-Transfer Torque Random Access Memory Sales Market Share by Region (2018-2023)
    Table 44. APAC Spin-Transfer Torque Random Access Memory Revenue by Region (2018-2023) & ($ Millions)
    Table 45. APAC Spin-Transfer Torque Random Access Memory Revenue Market Share by Region (2018-2023)
    Table 46. APAC Spin-Transfer Torque Random Access Memory Sales by Type (2018-2023) & (K Units)
    Table 47. APAC Spin-Transfer Torque Random Access Memory Sales by Application (2018-2023) & (K Units)
    Table 48. Europe Spin-Transfer Torque Random Access Memory Sales by Country (2018-2023) & (K Units)
    Table 49. Europe Spin-Transfer Torque Random Access Memory Sales Market Share by Country (2018-2023)
    Table 50. Europe Spin-Transfer Torque Random Access Memory Revenue by Country (2018-2023) & ($ Millions)
    Table 51. Europe Spin-Transfer Torque Random Access Memory Revenue Market Share by Country (2018-2023)
    Table 52. Europe Spin-Transfer Torque Random Access Memory Sales by Type (2018-2023) & (K Units)
    Table 53. Europe Spin-Transfer Torque Random Access Memory Sales by Application (2018-2023) & (K Units)
    Table 54. Middle East & Africa Spin-Transfer Torque Random Access Memory Sales by Country (2018-2023) & (K Units)
    Table 55. Middle East & Africa Spin-Transfer Torque Random Access Memory Sales Market Share by Country (2018-2023)
    Table 56. Middle East & Africa Spin-Transfer Torque Random Access Memory Revenue by Country (2018-2023) & ($ Millions)
    Table 57. Middle East & Africa Spin-Transfer Torque Random Access Memory Revenue Market Share by Country (2018-2023)
    Table 58. Middle East & Africa Spin-Transfer Torque Random Access Memory Sales by Type (2018-2023) & (K Units)
    Table 59. Middle East & Africa Spin-Transfer Torque Random Access Memory Sales by Application (2018-2023) & (K Units)
    Table 60. Key Market Drivers & Growth Opportunities of Spin-Transfer Torque Random Access Memory
    Table 61. Key Market Challenges & Risks of Spin-Transfer Torque Random Access Memory
    Table 62. Key Industry Trends of Spin-Transfer Torque Random Access Memory
    Table 63. Spin-Transfer Torque Random Access Memory Raw Material
    Table 64. Key Suppliers of Raw Materials
    Table 65. Spin-Transfer Torque Random Access Memory Distributors List
    Table 66. Spin-Transfer Torque Random Access Memory Customer List
    Table 67. Global Spin-Transfer Torque Random Access Memory Sales Forecast by Region (2024-2029) & (K Units)
    Table 68. Global Spin-Transfer Torque Random Access Memory Revenue Forecast by Region (2024-2029) & ($ millions)
    Table 69. Americas Spin-Transfer Torque Random Access Memory Sales Forecast by Country (2024-2029) & (K Units)
    Table 70. Americas Spin-Transfer Torque Random Access Memory Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 71. APAC Spin-Transfer Torque Random Access Memory Sales Forecast by Region (2024-2029) & (K Units)
    Table 72. APAC Spin-Transfer Torque Random Access Memory Revenue Forecast by Region (2024-2029) & ($ millions)
    Table 73. Europe Spin-Transfer Torque Random Access Memory Sales Forecast by Country (2024-2029) & (K Units)
    Table 74. Europe Spin-Transfer Torque Random Access Memory Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 75. Middle East & Africa Spin-Transfer Torque Random Access Memory Sales Forecast by Country (2024-2029) & (K Units)
    Table 76. Middle East & Africa Spin-Transfer Torque Random Access Memory Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 77. Global Spin-Transfer Torque Random Access Memory Sales Forecast by Type (2024-2029) & (K Units)
    Table 78. Global Spin-Transfer Torque Random Access Memory Revenue Forecast by Type (2024-2029) & ($ Millions)
    Table 79. Global Spin-Transfer Torque Random Access Memory Sales Forecast by Application (2024-2029) & (K Units)
    Table 80. Global Spin-Transfer Torque Random Access Memory Revenue Forecast by Application (2024-2029) & ($ Millions)
    Table 81. Everspin Basic Information, Spin-Transfer Torque Random Access Memory Manufacturing Base, Sales Area and Its Competitors
    Table 82. Everspin Spin-Transfer Torque Random Access Memory Product Portfolios and Specifications
    Table 83. Everspin Spin-Transfer Torque Random Access Memory Sales (K Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2018-2023)
    Table 84. Everspin Main Business
    Table 85. Everspin Latest Developments
    Table 86. Avalanche Technology Basic Information, Spin-Transfer Torque Random Access Memory Manufacturing Base, Sales Area and Its Competitors
    Table 87. Avalanche Technology Spin-Transfer Torque Random Access Memory Product Portfolios and Specifications
    Table 88. Avalanche Technology Spin-Transfer Torque Random Access Memory Sales (K Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2018-2023)
    Table 89. Avalanche Technology Main Business
    Table 90. Avalanche Technology Latest Developments
    Table 91. Renesas Electronics Basic Information, Spin-Transfer Torque Random Access Memory Manufacturing Base, Sales Area and Its Competitors
    Table 92. Renesas Electronics Spin-Transfer Torque Random Access Memory Product Portfolios and Specifications
    Table 93. Renesas Electronics Spin-Transfer Torque Random Access Memory Sales (K Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2018-2023)
    Table 94. Renesas Electronics Main Business
    Table 95. Renesas Electronics Latest Developments
List of Figures
    Figure 1. Picture of Spin-Transfer Torque Random Access Memory
    Figure 2. Spin-Transfer Torque Random Access Memory Report Years Considered
    Figure 3. Research Objectives
    Figure 4. Research Methodology
    Figure 5. Research Process and Data Source
    Figure 6. Global Spin-Transfer Torque Random Access Memory Sales Growth Rate 2018-2029 (K Units)
    Figure 7. Global Spin-Transfer Torque Random Access Memory Revenue Growth Rate 2018-2029 ($ Millions)
    Figure 8. Spin-Transfer Torque Random Access Memory Sales by Region (2018, 2022 & 2029) & ($ Millions)
    Figure 9. Product Picture of 4 Mb STT-MRAM
    Figure 10. Product Picture of 8 Mb STT-MRAM
    Figure 11. Product Picture of 16 Mb STT-MRAM
    Figure 12. Product Picture of 256 Mb STT-MRAM
    Figure 13. Product Picture of Others
    Figure 14. Global Spin-Transfer Torque Random Access Memory Sales Market Share by Type in 2022
    Figure 15. Global Spin-Transfer Torque Random Access Memory Revenue Market Share by Type (2018-2023)
    Figure 16. Spin-Transfer Torque Random Access Memory Consumed in Industrial
    Figure 17. Global Spin-Transfer Torque Random Access Memory Market: Industrial (2018-2023) & (K Units)
    Figure 18. Spin-Transfer Torque Random Access Memory Consumed in Enterprise Storage
    Figure 19. Global Spin-Transfer Torque Random Access Memory Market: Enterprise Storage (2018-2023) & (K Units)
    Figure 20. Spin-Transfer Torque Random Access Memory Consumed in Aerospace Applications
    Figure 21. Global Spin-Transfer Torque Random Access Memory Market: Aerospace Applications (2018-2023) & (K Units)
    Figure 22. Spin-Transfer Torque Random Access Memory Consumed in Others
    Figure 23. Global Spin-Transfer Torque Random Access Memory Market: Others (2018-2023) & (K Units)
    Figure 24. Global Spin-Transfer Torque Random Access Memory Sales Market Share by Application (2022)
    Figure 25. Global Spin-Transfer Torque Random Access Memory Revenue Market Share by Application in 2022
    Figure 26. Spin-Transfer Torque Random Access Memory Sales Market by Company in 2022 (K Units)
    Figure 27. Global Spin-Transfer Torque Random Access Memory Sales Market Share by Company in 2022
    Figure 28. Spin-Transfer Torque Random Access Memory Revenue Market by Company in 2022 ($ Million)
    Figure 29. Global Spin-Transfer Torque Random Access Memory Revenue Market Share by Company in 2022
    Figure 30. Global Spin-Transfer Torque Random Access Memory Sales Market Share by Geographic Region (2018-2023)
    Figure 31. Global Spin-Transfer Torque Random Access Memory Revenue Market Share by Geographic Region in 2022
    Figure 32. Americas Spin-Transfer Torque Random Access Memory Sales 2018-2023 (K Units)
    Figure 33. Americas Spin-Transfer Torque Random Access Memory Revenue 2018-2023 ($ Millions)
    Figure 34. APAC Spin-Transfer Torque Random Access Memory Sales 2018-2023 (K Units)
    Figure 35. APAC Spin-Transfer Torque Random Access Memory Revenue 2018-2023 ($ Millions)
    Figure 36. Europe Spin-Transfer Torque Random Access Memory Sales 2018-2023 (K Units)
    Figure 37. Europe Spin-Transfer Torque Random Access Memory Revenue 2018-2023 ($ Millions)
    Figure 38. Middle East & Africa Spin-Transfer Torque Random Access Memory Sales 2018-2023 (K Units)
    Figure 39. Middle East & Africa Spin-Transfer Torque Random Access Memory Revenue 2018-2023 ($ Millions)
    Figure 40. Americas Spin-Transfer Torque Random Access Memory Sales Market Share by Country in 2022
    Figure 41. Americas Spin-Transfer Torque Random Access Memory Revenue Market Share by Country in 2022
    Figure 42. Americas Spin-Transfer Torque Random Access Memory Sales Market Share by Type (2018-2023)
    Figure 43. Americas Spin-Transfer Torque Random Access Memory Sales Market Share by Application (2018-2023)
    Figure 44. United States Spin-Transfer Torque Random Access Memory Revenue Growth 2018-2023 ($ Millions)
    Figure 45. Canada Spin-Transfer Torque Random Access Memory Revenue Growth 2018-2023 ($ Millions)
    Figure 46. Mexico Spin-Transfer Torque Random Access Memory Revenue Growth 2018-2023 ($ Millions)
    Figure 47. Brazil Spin-Transfer Torque Random Access Memory Revenue Growth 2018-2023 ($ Millions)
    Figure 48. APAC Spin-Transfer Torque Random Access Memory Sales Market Share by Region in 2022
    Figure 49. APAC Spin-Transfer Torque Random Access Memory Revenue Market Share by Regions in 2022
    Figure 50. APAC Spin-Transfer Torque Random Access Memory Sales Market Share by Type (2018-2023)
    Figure 51. APAC Spin-Transfer Torque Random Access Memory Sales Market Share by Application (2018-2023)
    Figure 52. China Spin-Transfer Torque Random Access Memory Revenue Growth 2018-2023 ($ Millions)
    Figure 53. Japan Spin-Transfer Torque Random Access Memory Revenue Growth 2018-2023 ($ Millions)
    Figure 54. South Korea Spin-Transfer Torque Random Access Memory Revenue Growth 2018-2023 ($ Millions)
    Figure 55. Southeast Asia Spin-Transfer Torque Random Access Memory Revenue Growth 2018-2023 ($ Millions)
    Figure 56. India Spin-Transfer Torque Random Access Memory Revenue Growth 2018-2023 ($ Millions)
    Figure 57. Australia Spin-Transfer Torque Random Access Memory Revenue Growth 2018-2023 ($ Millions)
    Figure 58. China Taiwan Spin-Transfer Torque Random Access Memory Revenue Growth 2018-2023 ($ Millions)
    Figure 59. Europe Spin-Transfer Torque Random Access Memory Sales Market Share by Country in 2022
    Figure 60. Europe Spin-Transfer Torque Random Access Memory Revenue Market Share by Country in 2022
    Figure 61. Europe Spin-Transfer Torque Random Access Memory Sales Market Share by Type (2018-2023)
    Figure 62. Europe Spin-Transfer Torque Random Access Memory Sales Market Share by Application (2018-2023)
    Figure 63. Germany Spin-Transfer Torque Random Access Memory Revenue Growth 2018-2023 ($ Millions)
    Figure 64. France Spin-Transfer Torque Random Access Memory Revenue Growth 2018-2023 ($ Millions)
    Figure 65. UK Spin-Transfer Torque Random Access Memory Revenue Growth 2018-2023 ($ Millions)
    Figure 66. Italy Spin-Transfer Torque Random Access Memory Revenue Growth 2018-2023 ($ Millions)
    Figure 67. Russia Spin-Transfer Torque Random Access Memory Revenue Growth 2018-2023 ($ Millions)
    Figure 68. Middle East & Africa Spin-Transfer Torque Random Access Memory Sales Market Share by Country in 2022
    Figure 69. Middle East & Africa Spin-Transfer Torque Random Access Memory Revenue Market Share by Country in 2022
    Figure 70. Middle East & Africa Spin-Transfer Torque Random Access Memory Sales Market Share by Type (2018-2023)
    Figure 71. Middle East & Africa Spin-Transfer Torque Random Access Memory Sales Market Share by Application (2018-2023)
    Figure 72. Egypt Spin-Transfer Torque Random Access Memory Revenue Growth 2018-2023 ($ Millions)
    Figure 73. South Africa Spin-Transfer Torque Random Access Memory Revenue Growth 2018-2023 ($ Millions)
    Figure 74. Israel Spin-Transfer Torque Random Access Memory Revenue Growth 2018-2023 ($ Millions)
    Figure 75. Turkey Spin-Transfer Torque Random Access Memory Revenue Growth 2018-2023 ($ Millions)
    Figure 76. GCC Country Spin-Transfer Torque Random Access Memory Revenue Growth 2018-2023 ($ Millions)
    Figure 77. Manufacturing Cost Structure Analysis of Spin-Transfer Torque Random Access Memory in 2022
    Figure 78. Manufacturing Process Analysis of Spin-Transfer Torque Random Access Memory
    Figure 79. Industry Chain Structure of Spin-Transfer Torque Random Access Memory
    Figure 80. Channels of Distribution
    Figure 81. Global Spin-Transfer Torque Random Access Memory Sales Market Forecast by Region (2024-2029)
    Figure 82. Global Spin-Transfer Torque Random Access Memory Revenue Market Share Forecast by Region (2024-2029)
    Figure 83. Global Spin-Transfer Torque Random Access Memory Sales Market Share Forecast by Type (2024-2029)
    Figure 84. Global Spin-Transfer Torque Random Access Memory Revenue Market Share Forecast by Type (2024-2029)
    Figure 85. Global Spin-Transfer Torque Random Access Memory Sales Market Share Forecast by Application (2024-2029)
    Figure 86. Global Spin-Transfer Torque Random Access Memory Revenue Market Share Forecast by Application (2024-2029)

Everspin
Avalanche Technology
Renesas Electronics

LP Information presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

• Primary Source
  Players/Suppliers
  Industry Experts
  Distributors/Traders
  Opinion Leaders
  Front-line Staff
  Marketing Executives

  Secondary Source
  Journals and Periodicals
  Government Bodies
  Annual Reports
  Presentations
  Paid Databases
  LPI Internal Repository

• Data Synthesis
  Information Gathering
  Collation of Data
  Estimation of Key Figures
  Analysis of Derived Insights

  Data Validation
  Triangulation with Data Models
  Reference Against Proprietary
  Databases
  Corroboration with Industry Experts

• Qualitative Analysis
  Market drivers
  Market challenges
  Market trends
  Five forces analysis

  Qualitative Analysis
  Market size and forecast
  Market segmentation
  Geographical insights
  Competitive landscape