Global Static Random-Access Memory (SRAM) Market – Industry Trends and Forecast to 2030

Static Random-Access Memory (SRAM) Market Analysis and Size

Growth in data transfer rates, increase in the number of cybercrimes, and need to secure digital information are some of the major factor which is expected to enhance the market growth over the forecast period. Moreover, on a surge in the shipment of new and advanced products owing to the growing demand for static random-access memory (SRAM) in the consumer electronics industry is likely to increase the growth rate of the market. SRAM is widely used in automotive electronics to store data. For instance, SRAM can be used as temporary storage of important information for engine management system.

Data Bridge Market Research analyses that the static random-access memory (SRAM) market is expected to reach USD 715.25 million by 2030, which is USD 484.11 million in 2022, registering a CAGR of 5.00% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Static Random-Access Memory (SRAM) Market Scope and Segmentation

Market Definition

Static random-access memory (SRAM) is a type of semiconductor memory that does not need any power to maintain stored data or information. This memory has low latency time and high-speed access, making it appropriate for CPU registers. SRAM is used in microcontrollers, microprocessors and many other integrated circuits. It is also available in form of chip called memory module that can be plugged into the socket or with any type of processor-based product.

Static Random-Access Memory (SRAM) Market Dynamics

Drivers

• High usage of static random-access memory (SRAM) in networking

Static random-access memory (SRAM) is normally used for high-performance and real-time applications that involve large amount of memory. Static random-access memory (SRAM) includes less power consumption than the dynamic random access memory (DRAM). Therefore, SRAMs are regularly implemented in networking hardware such as switches and routers where performance levels must be maintained at all times, including during failures or peak load. Hence, High usage of static random-access memory (SRAM) in networking is anticipated to drive the market growth rate during the forecast period.

• Multiple benefits associated with static random-access memory (SRAM)

There are several benefits associated with static random-access memory (SRAM) as a result of this the demand for the static random-access memory (SRAM) increases and expected to drive the market growth. Some characteristics such as power efficiency and bandwidth which make SRAMs perfect for the electronic appliances such as digital cameras, cell phones and electronics user interfaces. Some of the general uses of SRAMs are in, computers, routers, workstations and other peripheral equipment such as CPU caches, CPU register files, hard disk buffers and router buffers among others. Printers and liquid crystal display (LCD) screens also use SRAM to save the preview of the image printed or displayed.

Opportunities

• Surging demand of static random-access memory (SRAM) in aerospace applications

There are a number of benefits associated with SRAM which makes it perfect choice for aerospace applications. Some of these benefits include low power consumption, high reliability and faster processing speed compared to other types of memory such as dynamic random access memory (DRAM) or magnetic storage devices. For instance, static random-access memory (SRAM) is used in the avionics application because unlike ECC memories, no battery backup must be backed up with batteries. Moreover, SRAM is also used in inertial guidance system (IGS).Therefore, surging demand of static random-access memory (SRAM) in aerospace applications will create lucrative and ample opportunities for the market growth.

 Restraints/ Challenges

• Issues associated with static Random-Access Memory (SRAM)

High initial costs of Static random-access memory (SRAM) and their raw materials.  Moreover, the lack of technology differentiation The global static random-access memory (SRAM) market include low stability in severe environments and high design costs which is anticipated to impede the market growth. Moreover, static random-access memory (SRAM) are more expensive than dynamic random access memory (DRAM). which will become a major challenge for the growth of the market during the forecast period of 2023 to 2030.

This static random-access memory (SRAM) market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the static random-access memory (SRAM) market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Development

• In 2019, Cypress Semiconductor Corp. declared that ithad closed its company transaction with SK Hynix system ic, Inc., which was declared on October 2018. All regulatory approvals have been completed and the joint venture with SkyHigh Memory Limited has now begun with full operations.

Global Static Random-Access Memory (SRAM) Market Scope

The static random-access memory (SRAM) market is segmented on the basis of product type, features, flip-flop, transistor type and end-user industry. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product Type

• Asynchronous SRAM
• Synchronous SRAM

Features

• Zero bus turnaround (ZBT)
• SyncBurst, DDR SRAM
• Quad Data Rate SRAM

 Flip-Flop

• Binary SRAM
• Ternary SRAM

Transistor Type

• Bipolar Junction Transistor
• Metal-oxide Semiconductor Field-Effect Transistor (MOSFET)

 End-User Industry

• Industrial
• Communication
• Consumer Electronics
• Automotive
• Healthcare
• Military and Aerospace
• Others

Static Random-Access Memory (SRAM) Market Regional Analysis/Insights

The static random-access memory (SRAM) market is analyzed and market size insights and trends are provided by country, product type, features, flip-flop, transistor type and end-user industry as referenced above.

The countries covered in the static random-access memory (SRAM) market report  U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the static random-access memory (SRAM) market in terms of revenue and market share owing to the growth of the computationally-intensive consumer electronics in this region.

Asia-Pacific will continue to project the highest growth rate during the forecast period of 2023-2030 due to the growing demand for newer memory technologies and increasing popularity of smartphones, from China, Japan, and South Korea.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Static Random-Access Memory (SRAM) Market Share Analysis

The static random-access memory (SRAM) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to static random-access memory (SRAM) market.

Some of the major players operating in the static random-access memory (SRAM) market are:

• Achronix Semiconductor Corporation (U.S.)
• Quick Logic Corporation (U.S.)
• Cobham Limited (U.K.)
• Efinix Inc. (U.S.)
• Flex Logix Technologies, Inc. (U.S.)
• Intel Corporation (U.S.)
• Xilinx (U.S.)
• Aldec, Inc. (U.S.)
• GOWIN Semiconductor Corp. (U.S.)
• Lattice Semiconductor (U.S.)
• Omnitek (U.S.)
• EnSilica (U.K.)
• Gidel (U.S.)
• BitSim AB (Sweden)
• ByteSnap Design (U.K.)
• Cyient (India)
• Enclustra (Switzerland)
• Mistral Solution Pvt. Ltd. (India)
• Microsemi Corporation (U.S.)
• Nuvation (U.S.)

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