Memristors Market Size, Share, Opportunities, And Trends By Type (Molecular And Ionic Thin Film, Spin And Magnetic), By Applications (Digital Memory, Logic Circuits, Biological And Neuromorphic Systems, Others), And By Geography - Forecasts From 2025 To 2030

Memristors Market Size:

The memristors market is projected to rise at a compound annual growth rate (CAGR) of 41.29% over the forecast period to reach US$9,814.994 million by 2030, increasing from estimated value of US$1,743.017 million in 2025.

A memristor, also called resistive memory, is a type of non-volatile memory gadget broadly utilized in different computing and electronic designs. Unlike conventional resistors, memristors can control the stream of current in electric circuits by holding a memory of the amount of charge that has already passed through them. This interesting characteristic empowers memristors to store and handle data effectively, making them progressively necessary to advanced electronic devices.

The burgeoning electronics industry serves as a key catalyst in driving the memristors market development. As demand for progressed computing and electronic devices proceeds to surge, the adoption of memristor innovative technology is anticipated to witness a significant increase, fueling advanced innovation and improvement in the sector.

In the fiscal year 2023, the export of electronic merchandise surged by 50.52% to reach US$ 23.57 billion, a significant increment from US$ 15.66 billion in FY22. Key export items in this segment incorporate mobile phones, IT equipment (such as laptops and tablets), consumer hardware (including TV and audio gadgets), industrial electronics, and auto electronics. According to the Ministry of Electronics & Information Technology's vision, India aims to promote its electronics industry exports to US$ 120 billion by 2026.

This substantial expansion in electronic exports demonstrates a rising requirement for advanced electronic devices, subsequently driving the market for memristors. Memristors play a significant part in improving the performance and productivity of electronic gadgets, making them vital components in different computing and gadget applications. As the demand for electronic goods continues to soar, fuelled by factors like technological advancements and increasing consumer preferences, the market for memristors is poised to expand in tandem with the electronics industry expansion.

According to Ministry of Electronics & Information Technology revealed the second volume of the Vision record on Electronics Manufacturing in India, anticipating a significant upward trajectory for the industry.  The electronics manufacturing division is poised to increase from its valuation of US$75 billion in 2020-21 to a stunning US$300 billion growth by 2025-26. This yearning extension plan implies a noteworthy surge in requirement for electronic components and devices, including memristors, which play a pivotal part in different electronic applications.

As the electronics manufacturing sector in India encounters fast development and advancement, the demand for progressed electronic components like memristors is anticipated to take off, driven by the requirement for proficient and dependable memory systems across a wide extend of electronic devices. Hence, the predicted expansion within the electronics manufacturing division presents a profitable opportunity for the memristors market, because it aligns with the expanding demand for technologically advanced electronic components in India's burgeoning electronics industry.

Memristors Market Growth Drivers:

• The rising electronics industry, ideal execution of memristors, and resistive memory launches are expected to drive the market expansion.

As per the Vision Document released by the Press Information Bureau (PIB), Government of India, product categories such as mobile phones, laptops and tablets, wearables and hearables, consumer electronics, and other electronic hardware manufacturing are anticipated to reach production esteem worth US$300 billion by 2025-26 period. Moreover, as per the same source, production-linked incentive (PLI) plans are also effectively executed within the nation to extend the manufacturing and export yield of the electronics sector.

Additionally, according to the August 2022 publication by the National College of Defense Innovation, China, in an investigative ponder comes about, a self-rectifying Pt/HZO/TiN memristor outflanked other non-volatile memory gadgets on an extent of measurements.

In addition, according to the August 2022 publication by the National University of Defense Technology, China, in a research study results, a self-rectifying Pt/HZO/TiN memristor outperformed other non-volatile memory devices on a range of metrics. The device had a larger memory window 104 as compared to the 7,25, and 5 memory window capacities of other devices. The memristor device had a significantly low power consumption of 0.03 (HRS, nW) as compared to the 0.2, 100, and 0.8 (HRS, nW) consumption by other device structures.

The combined growth of the booming electronics industry coupled with investments, optimal performance of memristor devices, and product releases are anticipated to increase the market share in the forecasted duration.

Memristors Market Segment Analysis:

• The digital memory segment is expected to hold a significant share in the projected period

The high rate of adoption of memristors in the digital memory segment is expected to propel the memristor demand substantially. Memristor-based digital memories are expected to replace the CMOS in the storage class memory department, as these are capable of giving an outstanding performance, such as rapid write speeds, low consumption of power, high scalability, three-dimensional integration, cost friendliness, and compatibility with the fabrication process of CMOS. These factors are projected to catalyze the rate of adoption of the memristors. RRAM has witnessed the most development among all of the digital memory memory-based technologies.

What are the key geographical trends shaping the Memristors Market?

• United States is anticipated to have a noteworthy share in the Memristors market

Owing to the presence of leading players in the market in the country, the region has a highly informed integrator base of memristor components. The rising prevalence of automation, IoT, edge computing, flexible electronics, artificial intelligence, and neuromorphic computing is boosting the demand for memristors in the country. Furthermore, the growing electronic industry is accelerating the memristors market growth. With high disposable income, the country has a good consumer base for the memristors market.

Recent developments in the Memristors Market:

• In April 2022, scientists from Washington State University developed a prototype neuromorphic memristor using honey. The scientists state the memristor has very similar functionality to human neurons. Further, this can be a step toward reducing e-waste and increasing eco-friendly materials. Furthermore, in June 2020, MIT improved the memristor device performance by using silver and copper.

Memristors Market Scope:

Report Metric	Details
Memristors Market Size in 2025	US$1,743.017 million
Memristors Market Size in 2030	US$9,814.994 million
Growth Rate	CAGR of 41.29%
Study Period	2020 to 2030
Historical Data	2020 to 2023
Base Year	2024
Forecast Period	2025 – 2030
Forecast Unit (Value)	USD Million
Segmentation	Type Application Geography
Geographical Segmentation	North America, South America, Europe, Middle East and Africa, Asia Pacific
List of Major Companies in Memristors Market	Toshiba Samsung TECHiFAB IBM Fujitsu Limited
Customization Scope	Free report customization with purchase

 

Memristors Market is analyzed into the following segments:

• By Type
  • Molecular and Ionic Thin Film
  • Spin and Magnetic
• By Application
  • Digital Memory
  • Logic Circuits
  • Biological and Neuromorphic Systems
  • Others
• By Geography
  • North America
    • United States
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Israel
    • Others
  • Asia Pacific
    • China
    • India
    • South Korea
    • Taiwan
    • Thailand
    • Indonesia
    • Japan
    • Others

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1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base and Forecast Years Timeline

1.8. Key benefits for the stakeholders

2. RESEARCH METHODOLOGY

2.1. Research Design

2.2. Research Process

3. EXECUTIVE SUMMARY

3.1. Key Findings

3.2. Analyst View

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

5. MEMRISTORS MARKET BY TYPE

5.1. Introduction 

5.2. Molecular and Ionic Thin Film

5.3. Spin and Magnetic

6. MEMRISTORS MARKET BY APPLICATION

6.1. Introduction 

6.2. Digital Memory

6.3. Logic Circuits

6.4. Biological and Neuromorphic Systems

6.5. Others

7. MEMRISTORS MARKET BY GEOGRAPHY

7.1. Introduction

7.2. North America

7.2.1. By Type

7.2.2. By Application

7.2.3. By Country

7.2.3.1. United States

7.2.3.2. Canada

7.2.3.3. Mexico

7.3. South America

7.3.1. By Type

7.3.2. By Country

7.3.2.1. Brazil

7.3.2.2. Argentina

7.3.2.3. Others

7.4. Europe

7.4.1. By Type

7.4.2. By Application

7.4.3. By Country

7.4.3.1. Germany

7.4.3.2. France

7.4.3.3. United Kingdom

7.4.3.4. Italy

7.4.3.5. Others

7.5. Middle East and Africa

7.5.1. By Type

7.5.2. By Application

7.5.3. By Country

7.5.3.1. Saudi Arabia

7.5.3.2. UAE

7.5.3.3. Israel

7.5.3.4. Others

7.6. Asia Pacific

7.6.1. By Type

7.6.2. By Application

7.6.3. By Country

7.6.3.1. China

7.6.3.2. India

7.6.3.3. South Korea

7.6.3.4. Taiwan

7.6.3.5. Thailand

7.6.3.6. Indonesia

7.6.3.7. Japan

7.6.3.8. Others

8. COMPETITIVE ENVIRONMENT AND ANALYSIS

8.1. Major Players and Strategy Analysis

8.2. Market Share Analysis

8.3. Mergers, Acquisitions, Agreements, and Collaborations

8.4. Competitive Dashboard

9. COMPANY PROFILES

9.1. Toshiba

9.2. Samsung

9.3. TECHiFAB

9.4. IBM

9.5. Fujitsu Limited

9.6. Intel

9.7. Micron Technology, Inc.

9.8. Rambus

9.9. Hewlett-Packard Enterprise Development LP

9.10. Knowm Inc.

Toshiba

Samsung

TECHiFAB

IBM

Fujitsu Limited

Intel

Micron Technology, Inc.

Rambus

Hewlett-Packard Enterprise Development LP

Knowm Inc.