Global SLC NAND Flash Memory Market Registering a CAGR of -2.0 over the forecast period, And the market size is anticipated to reach the value of US$ 993.7 million in the year 2027 from US$ 1154.7 million in the year of 2020.
Single level cell NAND is the novel NAND architecture. SLC NAND’s higher endurance when compared to MLC makes it perfectly suited for a variety of industrial and consumer applications where supply longevity is essential. Presently, there are numerous producers of SLC NAND in the world. Few of the prominent players in the market are Cypress, Micron, Toshiba, Macronix and Winbond with around 60% market share.
China and Japan are top two producers and consumers of low density SLC NAND flash memory with respective market share of 35% and 23%.Based on application the consumer electronics segment is expected to be the most lucrative. Because NAND flash memory allows for cheap storage in incredibly small quantities, it is intrinsically related to the consumer electronics business. Removable flash cards and USB flash drive applications have dominated NAND consumption since the digital revolution and the proliferation of digital cameras.
Low Density SLC NAND Flash Memory Market is a increase in demand for data storage across consumer electronics and enterprise storage sectors fuels the growth of the NAND flash market. The growing desire for phones with more capabilities, such as video, camera, gaming, and music, has resulted in an increase in demand for large storage systems in the worldwide electronics market. These reasons are projected to boost global demand for NAND flash memory. NAND technology is also employed in wearable devices, in addition to smartphones.
Increasing use of NAND flash for SSDs applications is expected to further fuel the growth of the NAND flash market. NAND flash prices have gone low enough that new primary storage devices for client computers and servers, such as solid-state drives, are now feasible. SSDs outperform traditional hard drives in terms of performance and longevity. SSDs are all semiconductor devices with no moving parts. As a result, SSDs do not have the mechanical latencies that hard drives do. SSDs can withstand significantly more shock and vibration than hard drives because they don't have any moving parts, making them perfect for a wide range of portable and mobile applications. Solid-state drives were previously only appropriate for demanding server applications because they were developed with DRAM memory chips and were pricey. SSDs are now being employed in a wide range of applications, from consumer to enterprise and military computing, thanks to decreased NAND flash pricing.
Low Density SLC NAND Flash Memory Market is segmented based on the type, applications, companies and regions.
By Type, Low Density SLC NAND Flash Memory Market has been segmented into
The end user’s industry application on Low Density SLC NAND Flash Memory Market is
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
The report incorporates in-depth assessment of the competitive landscape, product market sizing, product benchmarking, market trends, product developments, financial analysis, strategic analysis and so on to gauge the impact forces and potential opportunities of the market. Apart from this the report also includes a study of major developments in the market such as product launches, agreements, acquisitions, collaborations, mergers and so on to comprehend the prevailing market dynamics at present and its impact during the forecast period 2021-2026. The report presents the analysis of Low Density SLC NAND Flash Memory Market for the historical period of 2017-2021 and the forecast period of 2021-2026.
The key insights of the report have been presented through the frameworks of Major Mergers & Acquisitions, Technological Innovations, and Role of Manufacturers during COVID19 Pandemic. Additionally, the major opportunities, trends, drivers and challenges of the industry has been analyzed in the report.
Reports Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of -2.0% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies | Toshiba Corporation (OTC :TOSYY), Micron Technology, Inc. (NasdaqGS :MU), Spansion,Cypress, Winbond, Macronix, GigaDevice, ATO,Spansion, Samsung Electronics |
Regions Covered | • North America • Europe • Asia-Pacific • Rest of the World |
Countries Covered | • 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 |
Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 92 |
Customization Available | Yes, the report can be customized as per your needs |
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
What is the study period of this market?
The Low Density SLC NAND Flash Memory Market is studied from 2017 - 2027.
Who are the key players in Low Density SLC NAND Flash Memory Market?
Toshiba Corporation (OTC :TOSYY), Micron Technology, Inc. (NasdaqGS :MU), Spansion,Cypress, Winbond, Macronix, GigaDevice, ATO,Spansion, Samsung Electronics, SK Hynix Semiconductor Solution and others.
What are the significant types of Low Density SLC NAND Flash Memory Market?
8 Gbit, 4 Gbit, 2 Gbit, Others
What are the major end-use applications of the Low Density SLC NAND Flash Memory Market?
Consumer Electronics, Internet of Things, Automotive, Industrial Application, Communication Application, Others.
What segments are covered in the Low Density SLC NAND Flash Memory Market report?
The Global Low Density SLC NAND Flash Memory Market is Segmented on the basic of Product, Application, and Geography.
How can I get a sample report/company profile for the Low Density SLC NAND Flash Memory Market?
The sample report for the Low Density SLC NAND Flash Memory Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.
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.
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