May 13, 2020   SOURCE: BusinessWire

Global Automotive Memory Market By Product, Vehicle Type, Application, Region, Competition, Forecast & Opportunities to 2026 - ResearchAndMarkets.com

The "Global Automotive Memory Market By Product (DRAM, NAND, NOR, Flash, Others), By Vehicle Type (Passenger Car, Commercial Vehicle), By Application (Infotainment & Connectivity, ADAS, Others), By Region, Competition, Forecast & Opportunities, 2026" report has been added to ResearchAndMarkets.com's offering.

The Global Automotive Memory Market is anticipated to grow at a double digit CAGR through 2025 on account of growing use of memory bundles in automobiles coupled with growing popularity of connected devices. Surging demand for automotive telematics is responsible for increasing proliferation of internet of things, which is expected to ramp up the demand for automotive memory over the coming years.

New automotive vehicles now come pre-equipped with latest features including advanced driver assistant system (ADAS), predictive and self-intelligence systems and all these features require automotive microcontroller. Automotive microcontrollers come equipped with memory for the storage and data transfer. Growing demand for such features is contributing to the increasing requirement of automotive memory, which is anticipated to drive the market during forecast period.

The Global Automotive Memory Market can be segmented based on product, vehicle type, application, company and region. The passenger car segment is expected to dominate the Global Automotive Memory Market, which can be attributed to introduction of new technologies in the segment like automotive telematics, which is used for monitoring of movement & location of vehicles with the help of diagnostics systems and GPS. Luxury cars also come loaded with advanced features such as adaptive cruise control, tire pressure monitoring system, electronic brake assist system and increasing sales of such vehicles is further expected to add to the increasing share of passenger car segment over the coming years.

Based on geography, the Global Automotive Memory Market can be classified into Asia-Pacific, North America, South America, Europe and Middle East & Africa. Asia-Pacific is expected to account for the major share in next five years due to strict norms for the safety of vehicles and passengers, which is contributing to the growing deployment of ADAS systems in the vehicles. Additionally, push by the government for incorporating electric vehicles to combat harmful automobile emissions in countries like China and India is anticipated to positively influence the growth of the automotive memory market.

Major companies operating in the automotive memory market include Micron Technology Inc., Samsung Electronics Co., Ltd., Toshiba Corporation, Cypress Semiconductor Corporation, NXP Semiconductors N.V., Integrated Silicon Solution, Inc., STMicroelectronics, Texas Instruments Incorporated, Qualcomm Incorporated and MediaTek Inc., among others.

Objective of the Study:

  • To analyze and forecast the market size of the Global Automotive Memory Market.
  • To forecast the Global Automotive Memory Market based on product, vehicle type, application and regional distribution.
  • To identify drivers and challenges for the Global Automotive Memory Market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions etc. in the Global Automotive Memory Market.
  • To identify and analyze the profile of leading players operating in the Global Automotive Memory Market.

Key Topics Covered:

1. Product Overview

2. Research Methodology

3. Executive Summary

4. Global Automotive Memory Market Outlook

4.1. Market Size & Forecast

4.1.1. By Value

4.2. Market Share & Forecast

4.2.1. By Product (DRAM, NAND, NOR, Flash, Others)

4.2.2. By Vehicle Type (Passenger Car, Commercial Vehicle)

4.2.3. By Application (Infotainment & Connectivity, ADAS, Others)

4.2.4. By Company (2019)

4.2.5. By Region

4.3. Product Market Map

5. Asia-Pacific Automotive Memory Market Outlook

6. Europe Automotive Memory Market Outlook

7. North America Automotive Memory Market Outlook

8. South America Automotive Memory Market Outlook

9. Middle East and Africa Automotive Memory Market Outlook

10. Market Dynamics

10.1. Drivers

10.2. Challenges

11. Market Trends & Developments

12. Competitive Landscape

12.1. Micron Technology Inc.

12.2. Samsung Electronics Co., Ltd.

12.3. Toshiba Corporation

12.4. Cypress Semiconductor Corporation

12.5. NXP Semiconductors N.V.

12.6. Integrated Silicon Solution, Inc.

12.7. STMicroelectronics

12.8. Texas Instruments Incorporated

12.9. Qualcomm Incorporated

12.10. MediaTek Inc.

13. Strategic Recommendations

14. About Us & Disclaimer

For more information about this report visit https://www.researchandmarkets.com/r/b8xd5e