Industrial, Manufacturing & Heavy Industry Market News

North American memristor market to reach $101 million by 2024

Industrial Market Research

The North America Memristor market is expected to reach USD 101 Million by the year 2024, at a CAGR of 84.2% during forecast period.

Key Parameters promoting the market growth include an increase in demand for industrial robots that require memory element, the advantage of memristor over other memories, increase in a number of data centers, growth in a number of portable electronic products where memristor has emerged as a replacement of non-volatile memories. Rapid growth is observed and it provides new opportunities for the trend of the internet of things and growth in demand of neural networks for the players in memristor market.

Memristor is an electrical circuit consists of memory resistor. It limits or regulates the flow of electrical current in a circuit and remembers the amount of charge that has previously flowed through it.


This report contains the in-depth analysis on the market and the estimations are done using volume and value data are further validated on three approaches including bottom-up, top-down and from top companies revenues to conclude the market estimations precisely and accurately considering all the parameters and market dynamics.

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Key pointers in the report include:

  • Competitive landscape & market analysis is included in the report to understand the key companies’ position and Porter's Analysis & PESTLE analysis to perform to analyze the impact of drivers, restraints, challenges and constraints on the market during the next five years.
  • Team of analysts have analyzed and listed out the key drivers, constraints, challenges and emerging opportunities in all the industry verticals which will specify the emerging scope for the market in end user industries.
  • Industry value chain analysis is provided in the report to identify the key stakeholders and prominent players at each stage of the company along with the value addition at each stage of the value chain.
  • Complete analysis including global and regional trends, technological developments, and new product innovations are included in the report specific to each and every segment of the market.
  • A complete 360 degree analysis is provided in the report on key companies’ product portfolio, business portfolio, developmental strategies, and key developments from the companies in the historical period.
  • Advanced customizations on countries, specific applications in end user industries, product based customizations will be provided based on the request.
  • All the collected data is further validated and verified using surveys, interviews and interactions with industrial experts.


North America Memristor market Top Players

  • Hewlett-Packard Development Company L.P
  • IBM Corporation
  • AMD Inc.
  • Samsung electronics
  • Rambus Inc.
  • SanDisk Corporation
  • Intel Corporation
  • Micron Technology Inc.
  • Seagate Technology LLC.

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