Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Dynamic Random Access Memory (DRAM) Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 7.0% during the review period (2022 to 2027).
Dynamic Random Access Memory (DRAM) Market Overview:
Dynamic random access memory is a type of RAM that chips on a circuit board that needs to be refreshed every few milliseconds. It stores each bit of data on a distinct passive electronic component present inside an integrated circuit board consisting of transistors and capacitors that makes dynamic random access memory chip an efficient component to store data in memory as it requires less physical space to store the same amount of data than if it were to be stored statically. Also, relatively less manufacturing cost than static RAM makes dynamic random access memory more preferable to be integrated in devices like computers and mobile phones.
DRAM has observed major developments as it moved its applications beyond personal computers and mobile devices into servers, automotive, and cloud applications. Such diversification is anticipated to drive the market studied, during the forecast period.
Recent Development:
- February 06, 2020, Micron Delivers World’s First Mass-Produced, Low-Power DDR5 DRAM for High-Performance Smartphones-
Next-generation memory provides better power efficiency and faster data access speeds for AI and 5G applications
Feb 01, 2010, Samsung Electronics develops world's first 30-nano DRAM chips-
South Korea's Samsung Electronics Company today said it has developed the world's first 30-nanometer dynamic random access memory (DRAM) chip.
What are the major Applications, Types, and Regions of Dynamic Random Access Memory (DRAM) Market?
By Type, it is segmented into
By Applications, it is segmented into
- Mobile Device
- Computers
- Server
- Others
Dynamic Random Access Memory (DRAM) Market Regional Analysis
The booming Asia-Pacific semiconductor market contributes to a major portion of the market studied. The semiconductor or memory IC industry is responsible for the significant growth of the Asia-Pacific economy. Also, with governmental support, especially in China, India, Japan, South Korea, and Taiwan, the regional vendors have been increasing their production capacities to meet the increasing global demand for DRAM.
All these factors greatly affect the Dynamic Random Access Memory (DRAM) market growth. It further aims at providing complete overview on detailed assessment of significant features of different industries including sales volume, market revenue, and demand size, sales growth, pricing analysis and changing market growth factors in regions such as Follows,
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East & Africa
- Latin America
The Dynamic Random Access Memory (DRAM) market has been studied across North America, Europe, Asia Pacific, Latin America, the Middle East & Africa. The Asia Pacific is expected to dominate the most significant market owing to rising demand for natural gas mainly across the countries like India, China, and Japan among others. China has the fastest-growing investment in LNG stations, as its focus on cleaner energy for industrial and commercial transportation is anticipated to drive the market across the region. Following Asia-Pacific, Europe, and North America and have implemented stringent laws to reduce emissions & are more focused on renewable energy projects and energy-efficient sectors the rise in commercial and industrial transportation has led to the expansion of LNG stations across the region, and are the second-largest region in the global Dynamic Random Access Memory (DRAM) market. In Latin America government has reduced the importation tariffs for LNG-powered vehicles, enhancing the market landscape of Dynamic Random Access Memory (DRAM) positively.
Reports Attributes
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Report Details
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Forecast Period 2022 to 2028 CAGR
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CAGR of 3.9% during the review period (2022 to 2027).
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By Type
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By Application
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- Mobile Device
- Computers
- Server
- Others
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By Companies
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Samsung Electronics Co. Ltd (Samsung Electronics Co., Ltd. (KSE 005930.KS))., SK Hynix Inc (SK hynix Inc. (000660.KS))., Micron Technology Inc (Micron Technology, Inc. (NasdaqGS MU)).
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Regions Covered
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- North America
- Europe
- Asia-Pacific
- Rest of the World
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Countries Covered
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- US
- Canada
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
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Base Year
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2022
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Historical Year
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2017 to 2021
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Forecast Year
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2022 to 2027
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Number of Pages
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165
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Customization Available
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Yes, the report can be customized as per your needs
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Frequently Asked Questions
What is the study period of this market?
The Dynamic Random Access Memory (DRAM) Market is studied from 2017 - 2027.
What is the growth rate of the Dynamic Random Access Memory (DRAM) Market?
The Dynamic Random Access Memory (DRAM) Market is growing at a CAGR of 7.0% over the next 5 years.
Who are the key players in Dynamic Random Access Memory (DRAM) Market?
Samsung Electronics Co. Ltd (Samsung Electronics Co., Ltd. (KSE 005930.KS))., SK Hynix Inc (SK hynix Inc. (000660.KS))., Micron Technology Inc (Micron Technology, Inc. (NasdaqGS MU))., Nanya Technology Corporation, Winbond Electronics Corporation and Others.
What regions Regions does this Dynamic Random Access Memory (DRAM) Market report cover?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Dynamic Random Access Memory (DRAM) Market?
DDR3, DDR4, Others
What are the major end-use applications of the Dynamic Random Access Memory (DRAM) Market?
Mobile Device, Computers, Server, Others
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.