Market Research Future Insights:
Serial NOR flash market has seen enormous change over time, resulting in larger memory capacities and more physical interface possibilities. Applications for calculation and data storage use it. Serial NOR flash is found in a variety of end-use electronic products, including AMOLED panels, touch screens, and display controllers. Global consumer electronics usage has been growing at an exponential rate, which has been correlated with rapid urbanisation and technological advancement. There is an increasing need for portable electronics that are lightweight and have reliable memory. These devices serve a specific purpose and are regularly employed.
Due to its higher pin count, better use of available space, lower system cost, lower chip cost, and improved performance, serial NOR has proven to be a suitable substitute for parallel NOR. One of the main drivers of the demand for serial NOR flash is the rise in the number of consumer electronics with AMOLED panels, the demand for touch and display integration (TDDI) chips, and the use of serial NOR chips in IoT-related components. New applications for serial NOR flash are likely to open up as technological trends like artificial intelligence and industrial automation gain traction.
Get a Complete PDF @ https://www.marketresearchfuture.com/sample_request/7668
Serial NOR Flash Market Key Players:
Companies such as
- Cypress Semiconductor Corporation,
- Winbond Electronics Corporation,
- GigaDevice Semiconductor Inc.,
- Macronix International Co. Ltd,
- Integrated Silicon Solution Inc.,
- Microchip Technology, Inc.
- Elite Semiconductor Memory Technology Inc.
Serial NOR Flash Market Regional Analysis:
North America, Europe, China, Japan, South Korea, and the rest of the world are the continents covered in the report (RoW). China has a 34.32% share of the global market in terms of value in 2017. Currently valued at USD 300 million, the Chinese market is anticipated to grow at a CAGR of 5.8% over the course of the forecast period. In China, there has been a sharp increase in both supply and demand for serial NOR flash in recent years, and this trend is expected to continue for the foreseeable future. Furthermore, China has become a significant supplier of serial NOR flash to industries like the production of electronic appliances and automobiles.
Get Complete Report Details @ https://www.marketresearchfuture.com/reports/serial-nor-flash-market-7668
A significant investment location for market actors, the nation also represents a sizable consumer base. Strong government support and greater investment in the electronics industry are two more factors fostering market expansion in China. The second-largest market for serial NOR flash is North America. The North American market, which was valued at USD 185.5 million in 2017, is anticipated to grow at a CAGR of 4.4% from 2017 to 2022. Leading serial NOR flash manufacturers like Cypress Semiconductor Corporation, Micron Technology, Inc., and Integrated Silicon Solution Inc. are based in the area. This favourably positions the North American serial NOR flash market.
Serial NOR Flash Market Segmentation:
The Serial NOR Flash Market is segmented in-depth in the study according to type, application, and region/country. The 1 MB, 4 MB, 8 MB, 32 MB, and others [high-density serial NOR memory (above 32 MB)] Serial NOR Flash Market segments are based on type. The largest Serial NOR Flash Market share belongs to the others segment, which is anticipated to experience a CAGR of 4.93% during the assessment period, which is somewhat higher than that of its competitors.
The development of better controller functions and the rising acceptance of plug-in memory are the main causes of this.
Check Discount @ https://www.marketresearchfuture.com/check-discount/7668
The Serial NOR Flash Market has been divided into categories for consumer electronics, IT, automotive and industrial, communication, and other applications. Consumer electronics is the market segment with the largest revenue share. During the assessment period, the automotive and industrial segment is anticipated to register a relatively higher CAGR. The instrument cluster and advanced driver assistance systems (ADAS) of automobiles both make extensive use of serial NOR flash.
Read More Article-
Rectenna Market Research Report - Global Forecast till 2030
Smart Beacon Market Research Report - Forecast till 2030
Household Robot Market Research Report - Global Forecast till 2030
Silicon Wafer Reclaim Market Research Report - Global Forecast till 2030
Multi-Core Processors Market Research Report - Global Forecast till 2030
About Market Research Future:
Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis regarding diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.
Contact:
Market Research Future
99 Hudson Street,5Th Floor
New York, New York 10013
United States of America
Sales: +1 628 258 0071(US)
+44 2035 002 764(UK
Email: sales@marketresearchfuture.com
