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Global Spintronics Market to Reach US$7.9 Billion by the Year 2026

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New York, Jan. 20, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Spintronics Industry” – https://www.reportlinker.com/p05960168/?utm_source=GNW
The concept revolves around the inherent spin of electrons and related magnetic moment along with the electronic charge in solid-state devices. Over the last few decades, spintronics has gained a notable attention from research institutions, design engineers, industries, governments, policy makers and investors. The concept of spintronics is being increasingly exploited by the scientific community to come up with advanced devices for novel applications. Growth in the global market is set to be driven by increasing number of applications across different industries and significant influx of R&D investments to explore potential areas. The market is propelled by rising focus on quantum computing to reduce computation time and complexity. The increasing use of spintronics-based digital data couplers for high-speed data transfer along with rising uptake of the technology in laptops and computers is poised to fuel the market expansion. Products built around spintronics are finding increasing use in applications like data storage, electric vehicles, MRAM and industrial motors. The technology offers enhanced storage and data transfer capability in comparison to traditional storage devices, which is driving its demand from data storage devices.

Amid the COVID-19 crisis, the global market for Spintronics estimated at US$1.5 Billion in the year 2020, is projected to reach a revised size of US$7.9 Billion by 2026, growing at a CAGR of 31.5% over the analysis period. Magnetoresistive Random-Access Memory (MRAM), one of the segments analyzed in the report, is projected to grow at a 32.7% CAGR to reach US$7.2 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Radio Frequency (RF) & Microwave Devices segment is readjusted to a revised 30.6% CAGR for the next 7-year period. This segment currently accounts for a 20.3% share of the global Spintronics market. The combination of MRAM and spintronics is anticipated to radically transform the data storage industry. The popularity of MRAMs can be credited to their non-volatile nature, power-efficiency and unlimited read/write operations.

The U.S. Market is Estimated at $724.9 Million in 2021, While China is Forecast to Reach $2.3 Billion by 2026

The Spintronics market in the U.S. is estimated at US$724.9 Million in the year 2021. The country currently accounts for a 38% share in the global market. China, the world`s second largest economy, is forecast to reach an estimated market size of US$2.3 Billion in the year 2026 trailing a CAGR of 40.7% through the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 24.5% and 26.8% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 30.9% CAGR while Rest of European market (as defined in the study) will reach US$3.2 Billion by the end of the analysis period. North America remains at the forefront of the spintronics technology. The region is a leading data center hub and witnessing increasing focus on high-bandwidth data center facilities. The regional market is also buoyed by rising penetration of cloud computing and investment in fiber optic cables to ensure high-speed data communication. Increasing acceptance of cloud storage, electric vehicles and IoT devices is anticipated to provide a significant boost to spintronics devices across the region.

Magnetic Sensors Segment to Reach $962.3 Million by 2026

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Spintronics, mainly in magnetic sensors, is undergoing notable evolution in terms of resolution, size, sensitivity and power consumption. In recent years, spintronic sensors in form of solid-state magnetic sensors have attracted significant interest owing to attributes such as high sensitivity, compactness, low power consumption, wide bandwidth, and CMOS compatibility. In the global Magnetic Sensors segment, USA, Canada, Japan, China and Europe will drive the 25.6% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$211.4 Million in the year 2020 will reach a projected size of US$1.1 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$69.6 Million by the year 2026.

Select Competitors (Total 15 Featured)

  • Avalanche Technology Inc.
  • Crocus Technology
  • Everspin Technologies Inc.
  • IBM Corporation
  • NVE Corporation
  • Spindeco Technologies Oy
  • Synopsys, Inc.

Read the full report: https://www.reportlinker.com/p05960168/?utm_source=GNW

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
Impact of Covid-19 and a Looming Global Recession
2020 Marked as a Year of Disruption & Transformation
As the Race between the Virus & Vaccines Intensifies, Where is
the World Economy Headed in 2021
EXHIBIT 1: World Economic Growth Projections (Real GDP, Annual
% Change) for 2020 through 2022
How the IT Industry Has Been Impacted by the Pandemic & What?s
the New Normal?
EXHIBIT 2: Global Information Technology Market Reset &
Trajectory – Growth Outlook (In %) For Years 2019 Through 2025
Semiconductor Industry
EXHIBIT 3: Global Semiconductor Market Reset & Trajectory –
Growth Outlook (In %) For Years 2019 Through 2025
Spintronics Market on a Recovery Mode in 2021
Spintronics: An Introduction
Spintronics to Facilitate Transition from Traditional to
Sophisticated Electronic Devices
Market Outlook
Recent Market Activity

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2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS
Key Recent Developments in Spintronics Technology
Spintronics to Address Challenges in Microelectronics
Miniaturization of Electronic Devices Spell Opportunities
Spin-based Electronic Devices and Components Gather Demand
Robust Outlook for EVs Opens New Avenues of Growth for EV
Batteries
EXHIBIT 4: Countries with Highest Share of Plug-in Electric
Vehicles in New Passenger Cars Country % Share in New
Passenger Cars
EXHIBIT 5: Rise in Demand for EVs Unravels Potential
Opportunities forSpinotronics: Global Electric Car Fleet Size
(In Thousand Units) for the Years 2016, 2018, 2020, and 2022
Potential use of Spintronics in Quantum Computing
EXHIBIT 6: World Quantum Computing Market by End-Use (2020 &
2027): Percentage Breakdown of Revenues for Space & Defense,
Transportation, Healthcare, Banking & Finance, and Other End –
Uses
Spintronic Devices for Energy-Efficient Data Storage
EXHIBIT 7: Total Installed Based Of Data Storage Capacity:
2019, 2020, and 2024(in zettabytes)
Spintronics to Transform Data Storage
Recent Advances in Two-Dimensional Spintronics
Evolving Capabilities Present MRAM as a Promising Memory
Technology of the Future
Emergence of Next Generation Memory Technologies to Support
Growth of MRAM Market
MRAM Moves into Embedded Space
EXHIBIT 8: Increasing Competitiveness of Embedded MRAM (eMRAM)
with Other Memory Technologies: Price in $/Gb by Memory Type
for the Years 2018, 2022, and 2026
EXHIBIT 9: eMRAM Holds an Edge Over Other Memory Technologies:
Comparing Power, Performance, Area, and Availability of SRAM,
eMRAM, eFLASH, PCM, RRAM, and FeFET
Second Generation STT-MRAM to Grab Growing Share of MRAM Market
STT-RAM to Emerge as a Potential Leading Memory Type in the
Embedded Emerging NVM Market
EXHIBIT 10: Emerging Non-Volatile Memory (NVM) Market:
Percentage Breakdown of Revenues in Standalone and Embedded
Memory Segments by RRAM, STT-MRAM and PCM
Challenges Confronting Fabrication and Testing of STT-RAM
Growing Memory Requirements of Data Centers to Propel MRAM Market
Power, Cost, and Time Saving Advantages of STT-MRAM to Drive
Adoption in Hyperscale Data Centers
EXHIBIT 11: Number of Hyperscale Data Centers Worldwide
(in Units) for the Period 2015-2021
Rising Computing Needs of Consumer Electronic Devices:
Opportunity for MRAM Market
EXHIBIT 12: Global Electrical & Electronics Equipment Market
Growth Outlook (In %) For Years 2019 Through 2025
MRAM Evolves as a Memory Solution for Intelligent and Connected
Automobiles
Toggle MRAM Preps for 5G Revolution
Edge Computing to Drive Demand for MRAM
IoT Era Opens New Avenues for Growth
Embedded MRAM Emerges as a Promising Technology for IoT
Devices, Artificial Intelligence and Machine Learning
EXHIBIT 13: Rapidly Growing AI/ML Market Presents Growth
Opportunities for MRAM Adoption: Global Deep Learning Chipset
Market Revenues in US$ Billion for the Years 2019, 2022, and
2025
EXHIBIT 14: Global Number of IoT Connected Devices (In Billion)
for the Years 2016, 2018, 2020, 2022 & 2025
Growing Concept of Smart Buildings and Need for Efficient
Energy Management Systems Open New Opportunities
EXHIBIT 15: Global Smart Homes Market (In US$ Billion) for the
Years 2019, 2021, 2023 & 2025
EXHIBIT 16: Energy Use Efficiency & Wastages in the U.S. (In
Quadrillion British Thermal Units)
Smart Grids: A Potential Application
EXHIBIT 17: Projected Global Demand for Electricity (MWh):
2015, 2020, 2025, 2030 & 2035
EXHIBIT 18: Global Market for Smart Grids in US$ Billion) for
the Years 2018 and 2020
Rise in Demand PoC Diagnostics to Provide Growth Platform for
Spintronics
EXHIBIT 19: PoC Diagnostics Market in US$ Billion: 2015, 2020,
and 2025
Material Innovations Give a Boost to Market Growth
New Study Explores Potential of Topological Materials for
Developing Ultrafast Spintronics
Graphene Evolves as a Viable Material for Spintronics
Graphene Flagship Paves Way for Novel Computing Technologies
Researchers Demonstrate the Potential of a New Quantum Material
for Creating Two Spintronic Technologies
Spintronics-Powered Memory Devices to Offer Perfect Blend of
High-Performance & Low Power
Scientists Explore Spintronics for Power-Efficient, High-Speed
Wireless Communication
Investigating Spintronics to Develop Novel Materials for
Futuristic Electronic Circuits
Creation and Observation of Hopfions Could Advance Next-
Generation Spintronic Devices

4. GLOBAL MARKET PERSPECTIVE
Table 1: World Current & Future Analysis for Spintronics by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Revenues in US$ Thousand for Years 2020 through 2027
and % CAGR

Table 2: World 7-Year Perspective for Spintronics by Geographic
Region – Percentage Breakdown of Value Revenues for USA,
Canada, Japan, China, Europe, Asia-Pacific and Rest of World
Markets for Years 2021 & 2027

Table 3: World Current & Future Analysis for Magnetoresistive
Random-Access Memory (MRAM) by Geographic Region – USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World Markets –
Independent Analysis of Annual Revenues in US$ Thousand for
Years 2020 through 2027 and % CAGR

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Table 4: World 7-Year Perspective for Magnetoresistive
Random-Access Memory (MRAM) by Geographic Region – Percentage
Breakdown of Value Revenues for USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World for Years 2021 & 2027

Table 5: World Current & Future Analysis for Radio Frequency
(RF) & Microwave Devices by Geographic Region – USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World Markets –
Independent Analysis of Annual Revenues in US$ Thousand for
Years 2020 through 2027 and % CAGR

Table 6: World 7-Year Perspective for Radio Frequency (RF) &
Microwave Devices by Geographic Region – Percentage Breakdown
of Value Revenues for USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World for Years 2021 & 2027

Table 7: World Current & Future Analysis for Magnetic Sensors
by Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Revenues in US$ Thousand for Years 2020 through 2027
and % CAGR

Table 8: World 7-Year Perspective for Magnetic Sensors by
Geographic Region – Percentage Breakdown of Value Revenues for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2021 & 2027

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Table 9: World Current & Future Analysis for Automotive &
Industrial by Geographic Region – USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets – Independent
Analysis of Annual Revenues in US$ Thousand for Years 2020
through 2027 and % CAGR

Table 10: World 7-Year Perspective for Automotive & Industrial
by Geographic Region – Percentage Breakdown of Value Revenues
for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2021 & 2027

Table 11: World Current & Future Analysis for IT & Telecom by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Revenues in US$ Thousand for Years 2020 through 2027
and % CAGR

Table 12: World 7-Year Perspective for IT & Telecom by
Geographic Region – Percentage Breakdown of Value Revenues for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2021 & 2027

Table 13: World Current & Future Analysis for Consumer
Electronics by Geographic Region – USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets – Independent
Analysis of Annual Revenues in US$ Thousand for Years 2020
through 2027 and % CAGR

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Table 14: World 7-Year Perspective for Consumer Electronics by
Geographic Region – Percentage Breakdown of Value Revenues for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2021 & 2027

Table 15: World Current & Future Analysis for Other End-Uses by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Revenues in US$ Thousand for Years 2020 through 2027
and % CAGR

Table 16: World 7-Year Perspective for Other End-Uses by
Geographic Region – Percentage Breakdown of Value Revenues for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2021 & 2027

III. MARKET ANALYSIS

UNITED STATES
Table 17: USA Current & Future Analysis for Spintronics by
Application – Magnetoresistive Random-Access Memory (MRAM),
Radio Frequency (RF) & Microwave Devices and Magnetic Sensors –
Independent Analysis of Annual Revenues in US$ Thousand for the
Years 2020 through 2027 and % CAGR

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Table 18: USA 7-Year Perspective for Spintronics by Application –
Percentage Breakdown of Value Revenues for Magnetoresistive
Random-Access Memory (MRAM), Radio Frequency (RF) & Microwave
Devices and Magnetic Sensors for the Years 2021 & 2027

Table 19: USA Current & Future Analysis for Spintronics by
End-Use – Automotive & Industrial, IT & Telecom, Consumer
Electronics and Other End-Uses – Independent Analysis of Annual
Revenues in US$ Thousand for the Years 2020 through 2027 and %
CAGR

Table 20: USA 7-Year Perspective for Spintronics by End-Use –
Percentage Breakdown of Value Revenues for Automotive &
Industrial, IT & Telecom, Consumer Electronics and Other
End-Uses for the Years 2021 & 2027

CANADA
Table 21: Canada Current & Future Analysis for Spintronics by
Application – Magnetoresistive Random-Access Memory (MRAM),
Radio Frequency (RF) & Microwave Devices and Magnetic Sensors –
Independent Analysis of Annual Revenues in US$ Thousand for the
Years 2020 through 2027 and % CAGR

Table 22: Canada 7-Year Perspective for Spintronics by
Application – Percentage Breakdown of Value Revenues for
Magnetoresistive Random-Access Memory (MRAM), Radio Frequency
(RF) & Microwave Devices and Magnetic Sensors for the Years
2021 & 2027

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Table 23: Canada Current & Future Analysis for Spintronics by
End-Use – Automotive & Industrial, IT & Telecom, Consumer
Electronics and Other End-Uses – Independent Analysis of Annual
Revenues in US$ Thousand for the Years 2020 through 2027 and %
CAGR

Table 24: Canada 7-Year Perspective for Spintronics by End-Use –
Percentage Breakdown of Value Revenues for Automotive &
Industrial, IT & Telecom, Consumer Electronics and Other
End-Uses for the Years 2021 & 2027

JAPAN
Table 25: Japan Current & Future Analysis for Spintronics by
Application – Magnetoresistive Random-Access Memory (MRAM),
Radio Frequency (RF) & Microwave Devices and Magnetic Sensors –
Independent Analysis of Annual Revenues in US$ Thousand for the
Years 2020 through 2027 and % CAGR

Table 26: Japan 7-Year Perspective for Spintronics by
Application – Percentage Breakdown of Value Revenues for
Magnetoresistive Random-Access Memory (MRAM), Radio Frequency
(RF) & Microwave Devices and Magnetic Sensors for the Years
2021 & 2027

Table 27: Japan Current & Future Analysis for Spintronics by
End-Use – Automotive & Industrial, IT & Telecom, Consumer
Electronics and Other End-Uses – Independent Analysis of Annual
Revenues in US$ Thousand for the Years 2020 through 2027 and %
CAGR

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Table 28: Japan 7-Year Perspective for Spintronics by End-Use –
Percentage Breakdown of Value Revenues for Automotive &
Industrial, IT & Telecom, Consumer Electronics and Other
End-Uses for the Years 2021 & 2027

CHINA
Table 29: China Current & Future Analysis for Spintronics by
Application – Magnetoresistive Random-Access Memory (MRAM),
Radio Frequency (RF) & Microwave Devices and Magnetic Sensors –
Independent Analysis of Annual Revenues in US$ Thousand for the
Years 2020 through 2027 and % CAGR

Table 30: China 7-Year Perspective for Spintronics by
Application – Percentage Breakdown of Value Revenues for
Magnetoresistive Random-Access Memory (MRAM), Radio Frequency
(RF) & Microwave Devices and Magnetic Sensors for the Years
2021 & 2027

Table 31: China Current & Future Analysis for Spintronics by
End-Use – Automotive & Industrial, IT & Telecom, Consumer
Electronics and Other End-Uses – Independent Analysis of Annual
Revenues in US$ Thousand for the Years 2020 through 2027 and %
CAGR

Table 32: China 7-Year Perspective for Spintronics by End-Use –
Percentage Breakdown of Value Revenues for Automotive &
Industrial, IT & Telecom, Consumer Electronics and Other
End-Uses for the Years 2021 & 2027

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EUROPE
Table 33: Europe Current & Future Analysis for Spintronics by
Geographic Region – France, Germany, Italy, UK and Rest of
Europe Markets – Independent Analysis of Annual Revenues in US$
Thousand for Years 2020 through 2027 and % CAGR

Table 34: Europe 7-Year Perspective for Spintronics by
Geographic Region – Percentage Breakdown of Value Revenues for
France, Germany, Italy, UK and Rest of Europe Markets for Years
2021 & 2027

Table 35: Europe Current & Future Analysis for Spintronics by
Application – Magnetoresistive Random-Access Memory (MRAM),
Radio Frequency (RF) & Microwave Devices and Magnetic Sensors –
Independent Analysis of Annual Revenues in US$ Thousand for the
Years 2020 through 2027 and % CAGR

Table 36: Europe 7-Year Perspective for Spintronics by
Application – Percentage Breakdown of Value Revenues for
Magnetoresistive Random-Access Memory (MRAM), Radio Frequency
(RF) & Microwave Devices and Magnetic Sensors for the Years
2021 & 2027

Table 37: Europe Current & Future Analysis for Spintronics by
End-Use – Automotive & Industrial, IT & Telecom, Consumer
Electronics and Other End-Uses – Independent Analysis of Annual
Revenues in US$ Thousand for the Years 2020 through 2027 and %
CAGR

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Table 38: Europe 7-Year Perspective for Spintronics by End-Use –
Percentage Breakdown of Value Revenues for Automotive &
Industrial, IT & Telecom, Consumer Electronics and Other
End-Uses for the Years 2021 & 2027

FRANCE
Table 39: France Current & Future Analysis for Spintronics by
Application – Magnetoresistive Random-Access Memory (MRAM),
Radio Frequency (RF) & Microwave Devices and Magnetic Sensors –
Independent Analysis of Annual Revenues in US$ Thousand for the
Years 2020 through 2027 and % CAGR

Table 40: France 7-Year Perspective for Spintronics by
Application – Percentage Breakdown of Value Revenues for
Magnetoresistive Random-Access Memory (MRAM), Radio Frequency
(RF) & Microwave Devices and Magnetic Sensors for the Years
2021 & 2027

Table 41: France Current & Future Analysis for Spintronics by
End-Use – Automotive & Industrial, IT & Telecom, Consumer
Electronics and Other End-Uses – Independent Analysis of Annual
Revenues in US$ Thousand for the Years 2020 through 2027 and %
CAGR

Table 42: France 7-Year Perspective for Spintronics by End-Use –
Percentage Breakdown of Value Revenues for Automotive &
Industrial, IT & Telecom, Consumer Electronics and Other
End-Uses for the Years 2021 & 2027

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GERMANY
Table 43: Germany Current & Future Analysis for Spintronics by
Application – Magnetoresistive Random-Access Memory (MRAM),
Radio Frequency (RF) & Microwave Devices and Magnetic Sensors –
Independent Analysis of Annual Revenues in US$ Thousand for the
Years 2020 through 2027 and % CAGR

Table 44: Germany 7-Year Perspective for Spintronics by
Application – Percentage Breakdown of Value Revenues for
Magnetoresistive Random-Access Memory (MRAM), Radio Frequency
(RF) & Microwave Devices and Magnetic Sensors for the Years
2021 & 2027

Table 45: Germany Current & Future Analysis for Spintronics by
End-Use – Automotive & Industrial, IT & Telecom, Consumer
Electronics and Other End-Uses – Independent Analysis of Annual
Revenues in US$ Thousand for the Years 2020 through 2027 and %
CAGR

Table 46: Germany 7-Year Perspective for Spintronics by End-Use –
Percentage Breakdown of Value Revenues for Automotive &
Industrial, IT & Telecom, Consumer Electronics and Other
End-Uses for the Years 2021 & 2027

ITALY
Table 47: Italy Current & Future Analysis for Spintronics by
Application – Magnetoresistive Random-Access Memory (MRAM),
Radio Frequency (RF) & Microwave Devices and Magnetic Sensors –
Independent Analysis of Annual Revenues in US$ Thousand for the
Years 2020 through 2027 and % CAGR

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Table 48: Italy 7-Year Perspective for Spintronics by
Application – Percentage Breakdown of Value Revenues for
Magnetoresistive Random-Access Memory (MRAM), Radio Frequency
(RF) & Microwave Devices and Magnetic Sensors for the Years
2021 & 2027

Table 49: Italy Current & Future Analysis for Spintronics by
End-Use – Automotive & Industrial, IT & Telecom, Consumer
Electronics and Other End-Uses – Independent Analysis of Annual
Revenues in US$ Thousand for the Years 2020 through 2027 and %
CAGR

Table 50: Italy 7-Year Perspective for Spintronics by End-Use –
Percentage Breakdown of Value Revenues for Automotive &
Industrial, IT & Telecom, Consumer Electronics and Other
End-Uses for the Years 2021 & 2027

UNITED KINGDOM
Table 51: UK Current & Future Analysis for Spintronics by
Application – Magnetoresistive Random-Access Memory (MRAM),
Radio Frequency (RF) & Microwave Devices and Magnetic Sensors –
Independent Analysis of Annual Revenues in US$ Thousand for the
Years 2020 through 2027 and % CAGR

Table 52: UK 7-Year Perspective for Spintronics by Application –
Percentage Breakdown of Value Revenues for Magnetoresistive
Random-Access Memory (MRAM), Radio Frequency (RF) & Microwave
Devices and Magnetic Sensors for the Years 2021 & 2027

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Table 53: UK Current & Future Analysis for Spintronics by
End-Use – Automotive & Industrial, IT & Telecom, Consumer
Electronics and Other End-Uses – Independent Analysis of Annual
Revenues in US$ Thousand for the Years 2020 through 2027 and %
CAGR

Table 54: UK 7-Year Perspective for Spintronics by End-Use –
Percentage Breakdown of Value Revenues for Automotive &
Industrial, IT & Telecom, Consumer Electronics and Other
End-Uses for the Years 2021 & 2027

REST OF EUROPE
Table 55: Rest of Europe Current & Future Analysis for
Spintronics by Application – Magnetoresistive Random-Access
Memory (MRAM), Radio Frequency (RF) & Microwave Devices and
Magnetic Sensors – Independent Analysis of Annual Revenues in
US$ Thousand for the Years 2020 through 2027 and % CAGR

Table 56: Rest of Europe 7-Year Perspective for Spintronics by
Application – Percentage Breakdown of Value Revenues for
Magnetoresistive Random-Access Memory (MRAM), Radio Frequency
(RF) & Microwave Devices and Magnetic Sensors for the Years
2021 & 2027

Table 57: Rest of Europe Current & Future Analysis for
Spintronics by End-Use – Automotive & Industrial, IT & Telecom,
Consumer Electronics and Other End-Uses – Independent Analysis
of Annual Revenues in US$ Thousand for the Years 2020 through
2027 and % CAGR

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Table 58: Rest of Europe 7-Year Perspective for Spintronics by
End-Use – Percentage Breakdown of Value Revenues for Automotive &
Industrial, IT & Telecom, Consumer Electronics and Other
End-Uses for the Years 2021 & 2027

ASIA-PACIFIC
Table 59: Asia-Pacific Current & Future Analysis for
Spintronics by Application – Magnetoresistive Random-Access
Memory (MRAM), Radio Frequency (RF) & Microwave Devices and
Magnetic Sensors – Independent Analysis of Annual Revenues in
US$ Thousand for the Years 2020 through 2027 and % CAGR

Table 60: Asia-Pacific 7-Year Perspective for Spintronics by
Application – Percentage Breakdown of Value Revenues for
Magnetoresistive Random-Access Memory (MRAM), Radio Frequency
(RF) & Microwave Devices and Magnetic Sensors for the Years
2021 & 2027

Table 61: Asia-Pacific Current & Future Analysis for
Spintronics by End-Use – Automotive & Industrial, IT & Telecom,
Consumer Electronics and Other End-Uses – Independent Analysis
of Annual Revenues in US$ Thousand for the Years 2020 through
2027 and % CAGR

Table 62: Asia-Pacific 7-Year Perspective for Spintronics by
End-Use – Percentage Breakdown of Value Revenues for Automotive &
Industrial, IT & Telecom, Consumer Electronics and Other
End-Uses for the Years 2021 & 2027

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REST OF WORLD
Table 63: Rest of World Current & Future Analysis for
Spintronics by Application – Magnetoresistive Random-Access
Memory (MRAM), Radio Frequency (RF) & Microwave Devices and
Magnetic Sensors – Independent Analysis of Annual Revenues in
US$ Thousand for the Years 2020 through 2027 and % CAGR

Table 64: Rest of World 7-Year Perspective for Spintronics by
Application – Percentage Breakdown of Value Revenues for
Magnetoresistive Random-Access Memory (MRAM), Radio Frequency
(RF) & Microwave Devices and Magnetic Sensors for the Years
2021 & 2027

Table 65: Rest of World Current & Future Analysis for
Spintronics by End-Use – Automotive & Industrial, IT & Telecom,
Consumer Electronics and Other End-Uses – Independent Analysis
of Annual Revenues in US$ Thousand for the Years 2020 through
2027 and % CAGR

Table 66: Rest of World 7-Year Perspective for Spintronics by
End-Use – Percentage Breakdown of Value Revenues for Automotive &
Industrial, IT & Telecom, Consumer Electronics and Other
End-Uses for the Years 2021 & 2027

IV. COMPETITION
Total Companies Profiled: 15
Read the full report: https://www.reportlinker.com/p05960168/?utm_source=GNW

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Artificial Intelligence

How AIoT shapes the future of mobility: Hikvision at ITS World Congress 2024

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HANGZHOU, China, Sept. 27, 2024 /PRNewswire/ — Hikvision made a significant impact at the ITS World Congress in Dubai with its captivating theme, “Embrace AIoT for safer, smarter, and greener mobility.” Its booth became a hub of innovation, where visitors explored AIoT solutions that are reshaping the transportation landscape, sparking deep conversations on the future of urban mobility.

Road safety revolution: harnessing AIoT for secure transportation
Hikvision’s commitment to road safety was on full display at its booth through the impressive array of AIoT solutions designed to create secure and reliable traffic environments. The company’s technology provides 24/7 traffic monitoring, ensuring continuous oversight of motor vehicles, non-motorized vehicles, pedestrians and environmental factors. This comprehensive, real-time information collection enables traffic managers to prevent accidents and enhance road safety. Among the showcased products was the 20 MP IR ANPR Checkpoint Capture Unit, renowned for its high-definition capture capabilities, bolstering traffic safety measures.
A standout innovation was the integration of advanced radar and camera technologies, ensuring uninterrupted, comprehensive detection even in adverse weather conditions. The Radar-Video Fusion Incident Detection Cameras, featured prominently in the product experience area, enable early detection and warning of potential hazards. They are particularly effective in challenging situations such as curved roads, blind spots at intersections, and obstacles beyond visual range.
Attendees also engaged with onboard monitoring products on the simulated bus, including dome network cameras, which is designed to enhance passenger safety. Driving assistance products, such as the Driver Status Monitor (DSM), were demonstrated to mitigate unsafe driving behaviors and ensure safer journeys.
Urban mobility redefined: smart traffic innovations
In the realm of smarter mobility, Hikvision showcased its multidimensional sensing technology, which integrates visible light sensors, infrared sensors, radar, and sonar. This technology expands perception capabilities, significantly improving traffic management and situational awareness. The use of AI-powered comprehensive sensing elevates incident monitoring and violation detection to unprecedented levels of accuracy and efficiency.
A major attraction was the Radar-Video Fusion TandemVu PTZ Camera, which integrates millimeter-wave radar with high-resolution cameras for extensive traffic detection and data analysis. AI-based algorithms combine these two systems to enhance target information, detecting up to 16 types of incidents. This leads to the development of a large-scale fusion model that merges spatial physical data with image semantic information. The result is ultra-long-range perception, achieving over 95% accuracy in vehicle trajectory detection. This robust system improves traffic violation management and optimizes traffic flow, significantly enhancing road efficiency.
At the simulated bus station, visitors observed how AI-assisted people counting automated the collection of passenger flow statistics at peak stop hours and bus line frequency during busy periods. Paired with smart bus stop digital signage, the solution improves bus service quality, operational efficiency, passenger experience, and overall public transport effectiveness.
Sustainable transportation: leading the charge for greener cities
Hikvision’s commitment to sustainable urban mobility was evident through its innovative green wave technology and eco-friendly checkpoint solutions. Green wave technology efficiently manages traffic flow to reduce congestion and lower carbon emissions, aligning with global sustainability goals. Visitors were particularly impressed by a case study showcasing a green wave solution implemented in Zhoushan, China. Over a stretch of 21 kilometers and 34 intersections, this main road cut travel times by 50%.
The use of DarkFighterX technology in checkpoint cameras also received significant attention. This technology senses both visible and invisible light, resulting in more accurate and realistic images. It enhances traffic violation enforcement efficiency while minimizing the need for high ambient light levels, thus reducing light pollution. The 9M DarkfightX ANPR Checkpoint Camera exemplified this dedication to environmental stewardship.
Frank Zhang, President of Hikvision MEA, remarked, “Hikvision supports sustainable urban planning by empowering traffic departments to address congestion and transportation challenges.” He further emphasized, “Our system’s openness fosters a secure and reliable platform for developing smart and green cities. Additionally, our solar technology is extensively utilized in remote areas, while our smart street lighting solutions reduce energy consumption by 20-30%, promoting intelligent urban transportation and advancing global sustainability objectives.”
Hikvision’s presence at the ITS World Congress in Dubai underscored its leadership in integrating AIoT technologies to drive safer, smarter, and greener mobility solutions. The engaging presentations and advanced product demonstrations captured significant attention from industry partners and customers, reaffirming the company’s role as a pioneer in shaping the future of urban transportation. As the world moves towards more intelligent and sustainable transportation systems, Hikvision remains at the forefront, embracing AIoT to create a safer, smarter, and greener future for all.
To find out more about Hikvision’s advanced traffic and public transport solutions, please explore the Hikvision official website.
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Anti-Drone Market worth $7.05 billion by 2029 – Exclusive Report by MarketsandMarkets™

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DELRAY BEACH, Fla., Sept. 27, 2024 /PRNewswire/ — The global anti-drone market was valued at USD 2.16 billion in 2024 and is projected to reach USD 7.05 billion by 2029; it is expected to register a CAGR of 26.7% during the forecast period according to a new report by MarketsandMarkets™. Increasing government spending on counter-drone technologies, rising incidence of critical infrastructure security breaches by unauthorized drones, and surge in adoption of aerial remote sensing technologies to safeguard critical infrastructure are attributed to the demand for anti-drone.

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Browse in-depth TOC on “Anti-Drone Market” 178 – Tables61 – Figures253 – Pages
Anti-Drone Market Report Scope:
Report Coverage
Details
Market Revenue in 2024
$ 2.16 billion
Estimated Value by 2029
$ 7.05 billion
Growth Rate
Poised to grow at a CAGR of 26.7%
Market Size Available for
2020–2029
Forecast Period
2024–2029
Forecast Units
Value (USD Million/Billion)
Report Coverage
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered
By System Type, Application, Platform type, Vertical, and Region
Geographies Covered
North America, Europe, Asia Pacific, and Rest of World
Key Market Challenge
Vulnerability to hacking
Key Market Opportunities
Emphasis on improving unmanned aircraft systems technology
Key Market Drivers
Growing number of illicit activities
By System Type: Hybrid systems to account for the larger market share in the forecasted year.
The hybrid segment accounted for the largest share of the anti-drone market in 2029. The trends of integrating multiple anti-drone technologies are rising since they are most effective in detecting, tracking, and neutralizing drone threats. These systems merge electronic, kinetic, and lasers, providing a comprehensive defense solution against UAVs. Hybrid systems use electronic, kinetic, and laser-based countermeasures to offer optimum protection against drones. These systems are designed to detect, track, identify, categorize, and mitigate drones at operational wide ranges ranging from a few km up to tens of km.
By Platform: The ground-based segment accounted for the largest market share in the forecast year.
The ground-based segment will hold a major share of the anti-drone market in 2029. Many ground-based anti-drone systems use several electronic technologies, such as radar, IR sensors, acoustic systems, and RF & GNSS jammers. MESA radar solutions are used mostly for counter-UAS purposes, protecting critical infrastructure, military camps, and other security-sensitive sites from unauthorized drones. One such solution is EchoGuard, a ground-based airspace management solution that contains a software-defined 3D radar that can be specific to the site. This system can identify single or multiple off-chance drones, including swarms in unauthorized areas. They provide accurate and sustained airspace surveillance for the field of view (FOV) they are configured, and both human and AI-monitored visual checks. The system can be easily transported and integrated directly with the command-and-control centers or another identification sensor for portable use, and multiple units of the system can be combined to cover vast areas or lengths of borders. Major providers of ground-based counter-drone systems include companies like EchoDyne Corporation, DeTect, Meteksan Defense, and WhiteFox Defense. Acoustics-based Discovair G2 utilizes patented microphone arrays. With 128 interconnected microphone elements, the Discovair sensor units can establish azimuth and elevation to the target in real-time using advanced digital signal processing.
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By Region: Americas are expected to hold the largest share of the anti-drone market during the forecast period.
Americas is expected to capture the largest share in the anti-drone industry during the forecast period. The growth can be attributed to protecting crucial infrastructure in the region. Governments, particularly in the US, invest in anti-drone systems for military bases, borders, and critical infrastructure. For Instance, in April 2023, RTX secured a USD 237 million contract from the US Army to provide Ku-band Radio Frequency Sensors (KuRFS) and Coyote effectors. These systems are designed to detect and neutralize unmanned aircraft systems (UAS). The contract includes stationary and mobile systems and a specified quantity of effectors, all aimed at enhancing the Army’s operations within the US Central Command region.
Key Players-
The key companies offering anti-drone companies include RTX (US), Lockheed Martin Corporation (US), Leonardo S.p.A. (Italy), Thales (France), and IAI (Israel).
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Drone Sensor Market Size, Share, Industry Growth & Trends by Sensor Type, Platform (VTOL Type, Fixed Wing Type, Hybrid Type), Application (Navigation, Collision Detection & Avoidance, Data Acquisition, Motion Detection, Power Monitoring), End Users and Region – Global Forecast to 2029
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About MarketsandMarkets™
MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
Contact: Mr. Rohan SalgarkarMarketsandMarkets™ INC. 1615 South Congress Ave.Suite 103, Delray Beach, FL 33445USA: +1-888-600-6441Email: [email protected] Our Web Site: https://www.marketsandmarkets.com/Research Insight: https://www.marketsandmarkets.com/ResearchInsight/anti-drone-market.aspContent Source: https://www.marketsandmarkets.com/PressReleases/anti-drone.asp
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CluePoints Launches Medical & Safety Review (MSR) Software to Revolutionize Clinical Data Review

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CluePoints furthers its commitment to delivering innovative solutions that enhance clinical trial efficiency with this latest addition to its enterprise software platform.
KING OF PRUSSIA, Pa., Sept. 27, 2024 /PRNewswire/ — CluePoints continues to transform clinical trial review and leverage its industry-leading software to enhance the interrogation, analysis and presentation of data with the launch of its latest application, Medical & Safety Review (MSR).

The tool simplifies and streamlines the medical analysis of study data through user-friendly dashboards, data manipulation and cleaning, query management and full transparency over the data history. This not only improves efficiency and communication in medical oversight, but also elevates patient safety, differentiating MSR as a smarter and unique solution.
Designed by, and for Medical and Safety Reviewers, MSR converts the manual analysis of patient outcomes, which can be prone to inefficiency and error, into an accurate, efficient process. MSR tackles time-consuming study preparation for specific visualizations by featuring a comprehensive standard visualization library as well as the ability to copy and reuse dashboards across different studies, enabling the identification of outlying values, change tracking, and improved communication for smarter clinical trials.
Other benefits of MSR include:
Enhanced medical review efficiency and reduced human errors via automated checksReduced time spent by clinical and data management teams in reviewing dataImproved collaboration with integrated review workflows across departmentsEnsured record quality and accountability with comprehensive change trackingDriving faster decision making with the proactive detection of trends and safety issuesEnsuring regulatory compliance with rule-based detection and user assignmentsAndy Cooper, Chief Executive Officer at CluePoints, commented, “We are thrilled to announce the launch of Medical & Safety Review to our growing product offerings. MSR is the latest application addition to the CluePoints platform, which includes products such as Risk-Based Quality Management (RBQM) and our Site Profile & Oversight Tool (SPOT). Together, they provide a comprehensive approach to clinical trial optimization, enhancing data integrity, ensuring regulatory compliance, and accelerating drug development. The creation of MSR ensures a more streamlined review process while prioritizing patient safety at every step and empowers medical teams to swiftly identify outliers, track data changes, and improve communication.”
To learn more about CluePoints’ award-winning solutions, please visit www.cluepoints.com
About CluePoints
CluePoints is the premier Risk-Based Quality Management (RBQM) and Data Quality Oversight Software provider. We are leveraging the potential of Artificial Intelligence using Advanced Statistics and Machine Learning to determine the quality, accuracy, and integrity of clinical trial data both during and after study conduct. Aligned with guidance from the FDA, EMA, and ICH E6 (R2), CluePoints is deployed to support central and on-site monitoring, medical review, quality risk management and to drive a holistic Risk-Based strategy in all trials. Coupled with thought leadership and consulting expertise to aid pre-study risk assessment, identification of risk controls and solution implementation, you now have everything you need to adhere with global regulatory guidance. The result is positive clinical development outcomes, increased operational efficiency, lower costs and reduced regulatory submission risk as part of the industry paradigm shift to RBQM.
 

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