스핀트로닉 로직 디바이스 시장 예측(-2030년) : 유형별, 용도별, 최종사용자별, 지역별 세계 분석

According to Stratistics MRC, the Global Spintronic Logic Devices Market is accounted for $6.5 billion in 2023 and is expected to reach $41.5 billion by 2030 growing at a CAGR of 30.2% during the forecast period. Spintronic logic devices utilize the spin of electrons, in addition to their charge, for processing and storage of information. These devices leverage the intrinsic spin angular momentum of electrons to represent data states, enabling low-power, high-speed computing. Unlike traditional semiconductor-based logic devices, spintronics offer potential advantages such as non-volatility, reduced heat dissipation, and enhanced scalability.

According to the International Energy Agency (IEA), China remains the world's largest electric car market, followed by Europe and the U.S. and the global electric car fleet exceeded 5.1 million in 2018, up two million from the previous year.

Market Dynamics:

Driver:

Advancements in research and development

Ongoing R&D efforts focus on exploring new materials, device architectures, and fabrication techniques to enhance the performance and efficiency of spintronic logic devices. Innovations in materials science, such as the discovery of novel magnetic materials and interfaces, enable the development of more reliable and versatile spintronic devices. Moreover, R&D initiatives aim to overcome technical challenges and limitations associated with spintronics, such as spin coherence, power consumption, and scalability, which are propelling this market.

Restraint:

Limited awareness and education

Many potential users, stakeholders, and decision-makers may have limited knowledge or understanding of its principles, capabilities, and potential applications. The terminology and concepts associated with spintronics can be complex and technical, making it challenging to communicate the benefits and advantages. Furthermore, the lack of educational programs, training initiatives, and outreach efforts can hinder this market growth.

Opportunity:

Government support and funding

Governments around the world recognize the strategic importance of spintronics in advancing technology and fostering innovation. They aim to promote collaboration between academia, industry, and government agencies, facilitating knowledge exchange and commercialization efforts. Additionally, funding also fosters the growth of spintronics startups and small-to-medium enterprises (SMEs), driving innovation and competitiveness in the market.

Threat:

High manufacturing costs

Spintronic devices often require the use of specialized materials, such as heavy metals and rare earth elements, which can be expensive to acquire and process, contributing to higher manufacturing costs. Research and development investments and intellectual property costs add to the overall manufacturing expenses. Additionally, the high manufacturing costs, particularly in cost-sensitive applications, also contribute to financial constraints that hinder market penetration.

Covid-19 Impact

The COVID-19 pandemic has had several negative impacts on the Spintronic Logic Devices market. The economic downturn caused by the pandemic led to decreased consumer spending and investment, particularly in non-essential sectors. This reduced demand for spintronic devices in applications such as consumer electronics and automotive systems, further impeding market expansion.

The metal based devices segment is expected to be the largest during the forecast period

The metal based devices segment is estimated to hold the largest share due to the utilization of ferromagnetic metals or alloys, where the alignment of electron spins plays a crucial role in determining the device's functionality. These devices leverage phenomena like giant magnetoresistance and spin-orbit coupling to enable efficient switching and manipulation of spin states. Moreover, the increasing demand for low-power, high-speed computing solutions in various applications further drives the adoption of metal-based spintronics.

The data storage segment is expected to have the highest CAGR during the forecast period

The data storage segment is anticipated to have highest CAGR during the forecast period due to increasing demand for high-performance storage solutions in various applications. Data storage devices utilize the spin of electrons rather than just their charge to store and manipulate information. Additionally, ongoing research and development efforts focus on enhancing the capacity, speed, and reliability of spintronic-based storage technologies, further fueling market expansion.

Region with largest share:

Asia Pacific commanded the largest market share during the extrapolated period owing to a significant consumer base and a key contributor to innovation and manufacturing. With rapid technological advancements and a burgeoning electronics industry, countries like China, Japan, South Korea, and Taiwan are at the forefront of spintronics research, development, and commercialization efforts. In addition, government initiatives and funding support for research and development in emerging technologies drive this region's expansion.

Region with highest CAGR:

Europe is expected to witness highest CAGR over the projection period, owing to a strong foundation in research, development, and innovation. Europe hosts several prominent semiconductor and electronics companies that are actively exploring spintronics for next-generation computing and storage solutions. Furthermore, the region's focus on sustainability and energy efficiency aligns well with the potential of spintronic logic devices to offer low-power solutions, which are propelling this region's growth.

Key players in the market

Some of the key players in the Spintronic Logic Devices Market include IBM Corporation, Infineon Technologies, Samsung Electronics Co., Ltd., Crocus Technology, Toshiba Corporation, Intel Corporation, Spin Memory Inc., Qualcomm Technologies, Inc., Organic Spintronics and Everspin Technologies Inc.

Key Developments:

In February 2024, IBM announced the availability of the popular open-source Mixtral-8x7B large language model (LLM), developed by Mistral AI, on its watsonx AI and data platform, as it continues to expand capabilities to help clients innovate with IBM's own foundation models and those from a range of open-source providers.

In February 2024, Wipro Limited announced the launch of Wipro Enterprise Artificial Intelligence (AI)-Ready Platform, a new service that will allow clients to create their enterprise-level, fully integrated and customized AI environments.

In February 2024, Intel Corp. (INTC) launched Intel Foundry as a more sustainable systems foundry business designed for the AI era and announced an expanded process roadmap designed to establish leadership into the latter part of this decade.

Types Covered:

• Metal Based Devices
• Semiconductor Based Devices
• Other Types

Applications Covered:

• Semiconductor Lasers
• Data Storage
• Electric Vehicles
• Industrial Motors
• Magnetic Tunnel Transistors
• Other Applications

End Users Covered:

• Automotive
• Consumer Electronics
• Aerospace & Defense
• Healthcare
• Industrial
• IT & Telecommunication
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Application Analysis
• 3.7 End User Analysis
• 3.8 Emerging Markets
• 3.9 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Spintronic Logic Devices Market, By Type

• 5.1 Introduction
• 5.2 Metal Based Devices
  • 5.2.1 Tunnel Magneto Resistance- Based Device (TMRs)
  • 5.2.2 Spin- Transfer Torque Device
  • 5.2.3 Giant Magneto Resistance-Based Device (GMRs)
  • 5.2.4 Spin- Wave Logic Device
• 5.3 Semiconductor Based Devices
  • 5.3.1 Spin Filter
  • 5.3.2 Spin Field Effect Transistor (FETs)
  • 5.3.3 Spin Diode
• 5.4 Other Types

6 Global Spintronic Logic Devices Market, By Application

• 6.1 Introduction
• 6.2 Semiconductor Lasers
• 6.3 Data Storage
• 6.4 Electric Vehicles
• 6.5 Industrial Motors
• 6.6 Magnetic Tunnel Transistors
• 6.7 Other Applications

7 Global Spintronic Logic Devices Market, By End User

• 7.1 Introduction
• 7.2 Automotive
• 7.3 Consumer Electronics
• 7.4 Aerospace & Defense
• 7.5 Healthcare
• 7.6 Industrial
• 7.7 IT & Telecommunication
• 7.8 Other End Users

8 Global Spintronic Logic Devices Market, By Geography

• 8.1 Introduction
• 8.2 North America
  • 8.2.1 US
  • 8.2.2 Canada
  • 8.2.3 Mexico
• 8.3 Europe
  • 8.3.1 Germany
  • 8.3.2 UK
  • 8.3.3 Italy
  • 8.3.4 France
  • 8.3.5 Spain
  • 8.3.6 Rest of Europe
• 8.4 Asia Pacific
  • 8.4.1 Japan
  • 8.4.2 China
  • 8.4.3 India
  • 8.4.4 Australia
  • 8.4.5 New Zealand
  • 8.4.6 South Korea
  • 8.4.7 Rest of Asia Pacific
• 8.5 South America
  • 8.5.1 Argentina
  • 8.5.2 Brazil
  • 8.5.3 Chile
  • 8.5.4 Rest of South America
• 8.6 Middle East & Africa
  • 8.6.1 Saudi Arabia
  • 8.6.2 UAE
  • 8.6.3 Qatar
  • 8.6.4 South Africa
  • 8.6.5 Rest of Middle East & Africa

9 Key Developments

• 9.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 9.2 Acquisitions & Mergers
• 9.3 New Product Launch
• 9.4 Expansions
• 9.5 Other Key Strategies

10 Company Profiling

• 10.1 IBM Corporation
• 10.2 Infineon Technologies
• 10.3 Samsung Electronics Co., Ltd.
• 10.4 Crocus Technology
• 10.5 Toshiba Corporation
• 10.6 Intel Corporation
• 10.7 Spin Memory Inc.
• 10.8 Qualcomm Technologies, Inc.
• 10.9 Organic Spintronics
• 10.10 Everspin Technologies Inc.