Trends, opportunities and forecast in EEPROM market to 2026 by product (of ? 16 Kbit, 32 Kbit, 64 Kbit, 128 Kbit, 256 Kbit, 512 Kbit, 1 Mbit, and ? 2 Mbit), by end use industry (consumer electronics, communication, automotive, industrial, computer, and others), and by region (North America, Europe, Asia Pacific, and the Rest of the World).
New York, Aug. 30, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "EEPROM Market Report: Trends, Forecast and Competitive Analysis" - https://www.reportlinker.com/p06130998/?utm_source=GNW
The future of the EEPROM market looks promising with opportunities in the consumer electronics, communication, automotive, industrial, and computer markets. The EEPROM market is expected to reach an estimated $1 billion by 2026 with a CAGR of 4.8% from 2020 to 2026. The major drivers for this market are growing demand for connected and wearable device, miniaturization of electronics devices, and low power consuming and highly scalable memory systems.
STMicroelectronics, Microchip, Giantec Semiconductor Corporation, ON Semiconductor, NXP, ROHM Co., Ltd., ABLIC Inc, Fudan Microelectronics Group Co., Ltd, and Renesas Electronics Corporation are among the major EEPROM system manufacturers.
The study includes trends and forecast for EEPROM market by product, end use industry, and by region as follows:
By Product [$M shipment analysis from 2015 to 2026]:
• ? 16 Kbit
• 32 Kbit
• 64 Kbit
• 128 Kbit
• 256 Kbit
• 512 Kbit
• 1 Mbit
• ? 2 Mbit
By End Use Industry [$M shipment analysis from 2015 to 2026]:
• Consumer Electronics
By Region [$M shipment analysis from 2015 to 2026]:
• North America
• United States
• United Kingdom
• Asia Pacific
• The Rest of the World
The analyst forecasts that ? 16 Kbit EEPROM will remain the largest market over the forecast period. The rising demands for high speed electronic devices and increasing proliferation of connected devices will increases the demand of ? 16 Kbit based electrically erasable programmable read only memory. The analyst predicts that 64 Kbit EEPROM is expected to witness the highest growth due to the increasing need to lower power consumption with high bandwidth, and highly scalable memories.
Consumer electronics will remain the largest end use industry during the forecast period due to growing computing capabilities with AI in smartwatches, laptops, and smartphones, which require compatible memory solutions. The increasing demand for faster access and low power consumption memory devices have been the major factors contributing to the wide spread adoption of EEPROM, majorly in the consumer electronics, automotive, and healthcare sectors.
Asia Pacific is expected to witness the highest growth over the forecast period supported by rising adoption of wearable devices, migration of several microelectronics and smart electronics manufacturers in Asia Pacific region to lower the manufacturing cost.
Some of the features of “Global EEPROM Market: Trends, Forecast and Competitive Analysis” Include:
• Market size estimates: Global EEPROM market estimation in terms of value ($M) shipment.
• Trend and forecast analysis: Market trends (2015-2020) and forecast (2021-2026) by product and end use industry.
• Segmentation analysis: Global EEPROM market size by various segments, such as product and end use industry
• Regional analysis: Global EEPROM market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
• Growth opportunities: Analysis on growth opportunities in different end use industries and regions for the EEPROM market.
• Strategic analysis: This includes M&A, new product development, and competitive landscape for EEPROM market.
• Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
This report answers following 11 key questions:
Q.1 What are some of the most promising, high-growth opportunities for the global EEPROM market by product (of ? 16 Kbit, 32 Kbit, 64 Kbit, 128 Kbit, 256 Kbit, 512 Kbit, 1 Mbit, and ? 2 Mbit), by end use industry (consumer electronics, communication, automotive, industrial, computer, and others), and by region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to the market?
Q.6 What are the emerging trends in this market and reasons behind them?
Q.7 What are the changing demands of customers in the market?
Q.8 What are the new developments in the market? Which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via product substitution?
Q.11 What M&A activity has occurred in the last 5 years?
Read the full report: https://www.reportlinker.com/p06130998/?utm_source=GNW
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