The global spintronics market is expected to grow rapidly and reach 2.03 billion dollars by 2031.
The global spintronics market recorded a revenue of 1.03468 billion USD in 2022 and is on a remarkable growth trajectory, projected to reach 2.03411 billion USD by 2031. This expansion is progressing at a compound annual growth rate (CAGR) of 7.8%. It highlights the increasing interest and development in this cutting-edge technology field from 2023 to 2031. Spintronics (spin electronics) represents a revolutionary advancement in the field of electronics. This new technology utilizes the spin, charge, and magnetic moment of electrons to transmit electrical signals, bringing about a fundamental change from traditional electronics. Spintronics is particularly known for its high power efficiency in data storage and transfer applications. You can check the application method by clicking the [PDF Download] button or apply directly through the related links.
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Overview of Segmentation The global spintronics market is classified based on product type, application, distribution channel, and region. By Product Type Metal-based devices Semiconductor-based devices By Application Electric vehicles Industrial motors Data storage Magnetic sensing By Distribution Channel Automotive Industrial Consumer electronics Healthcare Information and communication technology Others Key Companies: Advanced MicroSensors Inc Allergo MicroSystems Inc Avalanche Technology Crocus Technology Everspin Technologies Inc FUTEK Advanced Sensor Technology Inc IBM Corporation Infineon Technologies AG Intel Kistler Group NVE Corp Plures Technologies Rhomap Spectris Spin Memory
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