According to a market report by Lucintel, the future of the FeRAM market looks promising with opportunities in metering/measurement, enterprise storage, automotive, factory automation, telecommunication, medical, and other applications. The global FeRAM market is expected to grow with a CAGR of 11% from 2021 to 2026.
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The major drivers for this market are growing demand for FeRAM in enterprise storage, automotive, and factory automation industries and increasing demand for fast memory operation in security system and smart card applications.
In this market, different types of FeRAM, such as 4K to 128K, 256K to 2M, and above 2M are used in a wide range of industries. 4K to 128K FeRAM will remain the largest type segment over the forecast period.
North America will remain the largest region during the forecast period due to growing demand from various end use industries, such as automotive, enterprise storage, and others.
Cypress Semiconductor, Texas Instruments, International Business Machines (IBM), Toshiba, Infineon Technologies, LAPIS Semiconductor, ROHM, and Fujitsu are among the major FeRAM manufacturers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global FeRAM market by type, application, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global FeRAM Market 2021-2026: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global FeRAM market by type, application, and region as follows:
By Type [$M shipment analysis for 2015 – 2026]:
· 4K to 128K
· 256K to 2M
· Above 2M
By Application [$M shipment analysis for 2015 – 2026]:
· Metering/Measurement
· Enterprise Storage
· Automotive
· Factory Automation
· Telecommunications
· Medical
· Others
By Region [$M shipment analysis for 2015 – 2026]:
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Asia Pacific
China
Japan
India
South Korea
The Rest of the World
This more than 150 page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. We offer market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.