Spintronics Market Share

Statistics for the 2023 & 2024 Spintronics market share, created by Mordor Intelligence™ Industry Reports. Spintronics share report includes a market forecast to 2028 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Spintronics Industry

The spintronics market is characterized by steadily growing levels of product penetration, low product differentiation, and high levels of competition. Competitive advantage is heavily dependent on innovation. Some prominent market players, such as Avalanche Technology and Crocus Technologies, received funding to enhance their product innovation in recent years. Thus, the intensity of competitive rivalry is high.

  • June 2022 - Renesas Electronic Corporation has announced the development of circuit technologies for an embedded spin-transfer torque magnetoresistive random-access memory (STT-MRAM) test chip with read and write operations fabricated using a 22-nm process.
  • February 2022 - Researchers at the University of Manchester have improved the spin transport characteristics of nanoscale graphene-based electronic devices. In collaboration with Japan and internationally funded students from Ecuador and Mexico, the researchers from National Graphene Institute have made an extremely high-quality graphene channel, reducing the interference or electronic ‘doping’ by traditional 2D tunnel contacts.

Spintronics Market Leaders

  1. NVE Corporation

  2. Everspin Technologies Inc.

  3. Crocus Technology

  4. Synopsys (QuantumWise)

  5. Avalanche Technology

*Disclaimer: Major Players sorted in no particular order

Spintronics Market Concentration