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Magneto Resistive RAM (MRAM) Market to Reach $4.8 Billion by 2025 - Analysis By Type, Application & Region - Research and MarketsDUBLIN, May 25, 2017 /PRNewswire/ -- Research and Markets has announced the addition of the "Magneto Resistive RAM (MRAM) Market Analysis By Type (Toggle, Spin-Transfer Torque), By Application (Consumer Electronics, Robotics, Automotive, Enterprise Storage, Aerospace), By Region, And Segment Forecasts, 2014 - 2025" report to their offering. The global magneto resistive RAM (MRAM) market is expected to reach USD 4.80 billion by 2025. Non-volatile memories, such as MRAM and Resistive random Access Memory (RRAM/ReRAM), are expected to replace the existing volatile memories such as Dynamic Random Access Memory (DRAM) and Static Random-Access Memory (static RAM or SRAM). The replacement would be possible due to different benefits offered by the advance non-volatile mmories. The existing flash memories are facing technological limits; and their further advancements are expected to increase their costs, thus, leading to the invention of non-volatile memories that are capable of avoiding data loss on power discharge. Moreover, the increasing demand of these memories is predicted to promote the demand for equipment, used in their manufacturing. The manufacturing of these memories require specialized fabrication equipment, similar to those used in magnetic read sensors. Thus, promoting the growth of capital equipment required for manufacturing of non-volatile memories equipment. Companies Mentioned
Key Topics Covered: For more information about this report visit http://www.researchandmarkets.com/research/w7zm9h/magneto_resistive Media Contact: Laura Wood, Senior Manager
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