Global Memory Semiconductor Market For Consumer Electronics Industry Size, Share, Opportunities And Trends By Type (NAND, DRAM, Other), And By Geography- Forecasts From 2019 To 2024

The Global Memory Semiconductor Market for Consumer Electronics Industry is projected to grow at a CAGR of 0.63% to reach US$52.057 billion by 2024, from US$50.136 billion in 2018. Semiconductors are used for the fabrication of chips used in electronic devices. The temperature sensors in air conditioners are made of semiconductors the CPUs of PCs are also made with semiconductors. There is significant increase in the demand of consumer electronics resulting from an in increase in the disposable income. Apart from this the manufacturing of consumer electronics is being done on a large scale which as a result be pushing the demand for semiconductors in this industry. 

DRIVERS

Technological innovations

Budding Consumer Electronics Industry

RESTRAINTS

Cyclical nature of the market

INDUSTRY UPDATE

In April 2019, SK Hynix increased their production of the DRAMs made using the 1Xnm (1st generation 10 nm-class manufacturing process) and will start selling the DRAMs made from 1Ynm (2nd generation 10nm-class fabrication technology) in the second quarter of 2019.

In November 2018, Samsung Electronics unveiled its new 860 QVO Solid State Drive (SSD) line-up which features up to 4TB of storage capacity.

The major players profiled in the memory semiconductor market for consumer electronics include Samsung, Corporation, Intel Corporation, Micron technology, SK Hynix Inc., Western Digital Corporation, Toshiba Corporation, and ATP Electronics Inc.

Segmentation

The Memory Semiconductor Market for Consumer Electronics Market has been analyzed through the following segments:

By Type

NAND

DRAM

Others

By Geography

Americas

USA

Canada

Brazil

Others

Europe Middle East and Africa

Germany

France

United Kingdom

Italy

Others

Asia Pacific

China

Japan

India

Taiwan

Others