Automotive Memory Market Forecast to 2028

Report Code : TIPRE00007669 | Region : Global | Industry : Automotive and Transportation | Published Date : 30/Jun/2022
Automotive Memory Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Component [Hardware (Cameras, Display Boards and Sensors), Software (Cloud and On-Premise) and Services], Application (Automatic Tolling, Lane Management, Parking Management, Surveillance, Traffic Signal Management, and Others) and Geography

The automotive memory market is projected to reach US$ 14,652.8 million by 2028 from US$ 2,937.7 million in 2021; it is expected to grow at a CAGR of 24.0% from 2022 to 2028.

Automotive memory has become an important aspect of any modern-day vehicle. Most modern vehicles are fitted with various electronic devices, including those for telematics. The automotive market is witnessing a surging demand for on-board telematics. It is partly fuelled by several government regulations requiring the same. Such demand for telematics also promotes the adoption of IoT-enabled devices in vehicles. Automotive manufacturers fit their vehicles with cutting-edge technologies such as advanced driver assistance systems (ADAS) and predictive and self-intelligence systems. All of these functions necessitate the use of an automotive microcontroller. Memory is built into automotive microcontrollers for data storage and transport, and the growing demand for such features contributes to an increase in the need for automotive memory. These factors collectively drive the growth of the automotive memory market size globally.

Impact of COVID-19 Pandemic on Automotive Memory Market Growth

The pandemic has wreaked havoc on various industry verticals regarding business and operational factors, including the worldwide automotive memory market players. Countries worldwide announced temporary lockdown and travel restrictions when the World Health Organization (WHO) labeled the coronavirus outbreak pandemic. Such restrictions, while hindering the movement of people, strongly affected the manufacturing and sales of automobiles globally. As a result of the lower vehicle demand in 2020, the demand for automotive memory decreased proportionally. Automobile and components production sites had to be closed worldwide, footfall in car showrooms plummeted, and governments in various regions started placing temporary trade restrictions. Such factors also resulted in a major decline in high growth countries' automobile sales. Economic turmoil and layoffs aggravated the decreasing purchasing power of consumers, which also impacted automobile sales globally. Collectively, all such factors strongly hampered the business of automotive memory market players. Further delays are expected, according to vendors and logistic businesses, which might drive up the cost of sourcing components and shipping. While some companies have good stock in hand or have increased their sourcing, automotive memory manufacturers are concerned about avoiding further disruptions to the supply chain since they are already dealing with a severe shortage of components, including semiconductors. This has forced them to limit production despite the rising demand for automobiles. Even after the COVID-19 pandemic, the connected car industry is expected to witness good growth rates because of its advantages. It includes secure driving, remote control, auto fault diagnosis, and other more advanced technological features.

China accounts for the largest automotive memory market in Asia Pacific. The country is the largest consumer of electronics and automobiles. Growing investment in infrastructure coupled with rising ownership of private vehicles is some of the factors driving the automobile market in the country. India is witnessing one of the fastest growth rates in the automotive memory market. By 2025, India's electric vehicle (EV) industry is expected to be worth US$ 7.09 Million, according to the Indian Brand Equity Foundation (IBEF) data. EV component manufacturers, commercial vehicles, and last-mile delivery companies invested a total of US$ 3.67 Million in electric vehicles. EV component manufacturers, commercial electric vehicles, and last-mile delivery companies invested a total of US$ 3.67 Million in electric vehicles between January and July 2021. Furthermore, Power Global, a US-based renewable energy and mobility products start-up, announced plans to invest US$ 25 million in India over the next 2-3 years to establish a lithium-ion battery manufacturing unit and battery swapping infrastructure. In South Korea, total domestic EV sales up to the end of September 2021 totaled 71,006 units, up from 36,268 units sold during the same period in 2020, according to the Korea Automotive Technology Institute. With the rising electric vehicle industry in the region, demand for automotive is expected to expand. Such factors promote the growth of the automotive memory market size in the region.

The surge in fully electric vehicles (EV) and hybrid vehicles, accompanied by the emergence of ADAS, Graphic Instrument Cluster (GIC), infotainment systems, and fully autonomous driving solutions, created a need for Electronic Control Units (ECU) – automotive computer controllers used to receive and process signals from sensors and export control commands to the actuator to execute. Companies in the automotive memory market are coming up with new technologies for next-generation autonomous electric vehicles. For instance, in 2021, Samsung Electronics, a global pioneer in advanced memory technology, announced a broad range of cutting-edge automotive memory solutions for next-generation autonomous electric vehicles. Such developments are expected to boost the automotive memory market growth.

Micron Technology, Inc., Sk Hynix, Toshiba Memory Corporation, Samsung Electronics Co., Ltd., and Western Digital Technologies, Inc. are a few key automotive memory market players. Some players operate in a fabless model, and hence semiconductor foundries are contracted to manufacture their memory modules.

The overall automotive memory market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also obtains an overview and forecast of the Automotive Memory market size with respect to all market segments. Also, industry participants and commentators have conducted multiple primary interviews to validate the data and gain more analytical insights. Participants in this process include VPs, business development managers, market intelligence managers, national sales managers, external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the automotive memory market.

The List of Companies - Automotive Memory Market

1. Micron Technology, Inc.

2. Sk Hynix

3. Samsung Electronics Co., Ltd.

4. Western Digital Technologies, Inc.

5. Infineon Technologies AG

6. Macronix International Co.

7. Integrated silicon Solution, Inc.

8. Renesas Corporation

9. Qualcomm Technologies, Inc.

10. MediaTek, Inc.

11. Toshiba Corporation

12. STMicroelectronics N.V.

13. Nanya Technology

14. Texas Instruments Inc.

15. Windbond Electronics Corp.

TABLE OF CONTENTS

1. RESEARCH FRAMEWORK

1.1. RESEARCH OBJECTIVE

1.2. PRODUCT OVERVIEW

1.3. MARKET SEGMENTATION

2. RESEARCH METHODOLOGY

2.1. QUALITATIVE RESEARCH

2.1.1. PRIMARY & SECONDARY RESEARCH

2.2. QUANTITATIVE RESEARCH

2.3. MARKET BREAKDOWN & DATA TRIANGULATION

2.3.1. SECONDARY RESEARCH

2.3.2. PRIMARY RESEARCH

2.4. BREAKDOWN OF PRIMARY RESEARCH RESPONDENTS, BY REGION

2.5. ASSUMPTION & LIMITATION

3. EXECUTIVE SUMMARY

4. GLOBAL AUTOMOTIVE MEMORY MARKET INSIGHTS

4.1. INDUSTRY VALUE CHAIN ANALYSIS

4.2. DROC ANALYSIS

4.2.1. GROWTH DRIVERS

4.2.2. RESTRAINTS

4.2.3. OPPORTUNITIES

4.2.4. CHALLENGES

4.3. TECHNOLOGICAL LANDSCAPE/RECENT DEVELOPMENT

4.4. REGULATORY FRAMEWORK

4.5. PORTER’S FIVE FORCES ANALYSIS

4.5.1. BARGAINING POWER OF SUPPLIERS

4.5.2. BARGAINING POWER OF BUYERS

4.5.3. THREAT OF NEW ENTRANTS

4.5.4. THREAT OF SUBSTITUTES

4.5.5. INTENSITY OF RIVALRY

5. GLOBAL AUTOMOTIVE MEMORY MARKET OVERVIEW

5.1. MARKET SIZE & FORECAST BY VALUE, 2018-2028

5.1.1. BY VALUE (USD MILLION)

5.1.2. BY VOLUME (MILLION UNITS)

5.2. MARKET SHARE & FORECAST

5.2.1. BY PRODUCT

5.2.1.1. DRAM

5.2.1.2. NAND

5.2.1.2.1 LOW DENSITY SLC NAND FLASH MEMORY TYPE

5.2.1.2.1.1 8 GBIT

5.2.1.2.1.2 4 GBIT

5.2.1.2.1.3 2 GBIT

5.2.1.2.1.4 OTHERS

5.2.1.3. SRAM

5.2.1.4. OTHERS

5.2.2. BY VEHICLE TYPE

5.2.2.1. PASSENGER VEHICLES

5.2.2.2. COMMERCIAL VEHICLES

5.2.3. BY APPLICATION

5.2.3.1. INFOTAINMENT & CONNECTIVITY

5.2.3.2. ADAS

5.2.3.3. OTHERS

5.2.4. BY REGION

5.2.4.1. NORTH AMERICA

5.2.4.2. EUROPE

5.2.4.3. THE ASIA PACIFIC

5.2.4.4. LATIN AMERICA

5.2.4.5. THE MIDDLE EAST AND AFRICA

6. NORTH AMERICA AUTOMOTIVE MEMORY MARKET

6.1. MARKET SIZE & FORECAST BY VALUE, 2018-2028

6.1.1. BY VALUE (USD MILLION)

6.1.2. BY VOLUME (MILLION UNITS)

6.2. MARKET SHARE & FORECAST

6.2.1. BY PRODUCT

6.2.2. BY VEHICLE TYPE

6.2.3. BY APPLICATION

6.2.4. BY COUNTRY

6.2.4.1. UNITED STATES

6.2.4.2. CANADA

7. EUROPE AUTOMOTIVE MEMORY MARKET

7.1. MARKET SIZE & FORECAST BY VALUE, 2018-2028

7.1.1. BY VALUE (USD MILLION)

7.1.2. BY VOLUME (MILLION UNITS)

7.2. MARKET SHARE & FORECAST

7.2.1. BY PRODUCT

7.2.2. BY VEHICLE TYPE

7.2.3. BY APPLICATION

7.2.4. BY COUNTRY

7.2.4.1. GERMANY

7.2.4.2. UNITED KINGDOM

7.2.4.3. ITALY

7.2.4.4. FRANCE

7.2.4.5. SPAIN

7.2.4.6. REST OF EUROPE

8. THE ASIA PACIFIC AUTOMOTIVE MEMORY MARKET

8.1. MARKET SIZE & FORECAST BY VALUE, 2018-2028

8.1.1. BY VALUE (USD MILLION)

8.1.2. BY VOLUME (MILLION UNITS)

8.2. MARKET SHARE & FORECAST

8.2.1. BY PRODUCT

8.2.2. BY VEHICLE TYPE

8.2.3. BY APPLICATION

8.2.4. BY COUNTRY

8.2.4.1. CHINA

8.2.4.2. INDIA

8.2.4.3. JAPAN

8.2.4.4. SOUTH KOREA

8.2.4.5. REST OF ASIA PACIFIC

9. LATIN AMERICA AUTOMOTIVE MEMORY MARKET

9.1. MARKET SIZE & FORECAST BY VALUE, 2018-2028

9.1.1. BY VALUE (USD MILLION)

9.1.2. BY VOLUME (MILLION UNITS)

9.2. MARKET SHARE & FORECAST

9.2.1. BY PRODUCT

9.2.2. BY VEHICLE TYPE

9.2.3. BY APPLICATION

8.2.2. BY VEHICLE TYPE

8.2.3. BY APPLICATION

9.2.4. BY COUNTRY

9.2.4.1. BRAZIL

9.2.4.2. MEXICO

9.2.4.3. REST OF LATIN AMERICA

10.THE MIDDLE EAST & AFRICA AUTOMOTIVE MEMORY MARKET

10.1. MARKET SIZE & FORECAST BY VALUE, 2018-2028

10.1.1. BY VALUE (USD MILLION)

10.1.2. BY VOLUME (MILLION UNITS)

10.2. MARKET SHARE & FORECAST

10.2.1. BY PRODUCT

10.2.2. BY VEHICLE TYPE

10.2.3. BY APPLICATION

10.2.4. BY COUNTRY

10.2.4.1. SAUDI ARABIA

10.2.4.2. UAE

10.2.4.3. SOUTH AFRICA

10.2.4.4. REST OF MIDDLE EAST & AFRICA

11.COMPETITIVE LANDSCAPE

11.1. LIST OF KEY PLAYERS AND THEIR OFFERINGS

11.2. MARKET SHARE ANALYSIS, 2021

11.3. COMPETITIVE BENCHMARKING, BY OPERATING PARAMETERS

11.4. KEY STRATEGIC DEVELOPMENT (MERGER, ACQUISITION, PARTNERSHIP.)

12. IMPACT OF COVID-19 ON GLOBAL AUTOMOTIVE MEMORY MARKET INDUSTRY

13. COMPANY PROFILE (COMPANY OVERVIEW, FINANCIAL MATRIX, COMPETITIVE LANDSCAPE, KEY PERSONNEL, KEY COMPETITORS, CONTACT ADDRESS, AND STRATEGIC OUTLOOK)

13.1. MICRON TECHNOLOGY INC.

13.2. SK HYNIX

13.3. SAMSUNG ELECTRONICS CO., LTD.

13.4. WESTERN DIGITAL TECHNOLOGIES, INC.

13.5. INFINEON TECHNOLOGIES AG

13.6. MACRONIX INTERNATIONAL CO.

13.7. INTEGRATED SILICON SOLUTION, INC.

13.8. RENESAS ELECTRONICS CORPORATION

13.9. QUALCOMM TECHNOLOGIES, INC.

13.10. MEDIATEK, INC.

13.11. TOSHIBA CORPORATION

13.12. STMICROELECTRONICS

13.13. NANYA TECHNOLOGY

13.14. TEXAS INSTRUMENTS INC.

13.15. WINDBOND ELECTRONICS CORP.

14.KEY STRATEGIC RECOMMENDATIONS

LIST OF TABLES.

Table 1: Global Automotive Memory Market Size, By Product, By Value (USD Million), 2018-2028.

Table 2: Global Automotive Memory Market Size, By Product, By Volume (Million Units), 2018-2028.

Table 3: Global Automotive Memory Market Size, By Low Density SLC NAND Flash Memory Type, By Value (USD Million), 2018-2028.

Table 4: Global Automotive Memory Market Size, By Low Density SLC NAND Flash Memory Type , By Volume ( Million Units), 2018-2028.

Table 5: Global Automotive Memory Market Size, By Vehicle Type, By Value (USD Million), 2018-2028.

Table 6: Global Automotive Memory Market Size, By Vehicle Type, By Volume ( Million Units), 2018-2028.

Table 7: Global Automotive Memory Market Size, By Application, By Value (USD Million), 2018-2028.

Table 8: Global Automotive Memory Market Size, By Application Type, By Volume ( Million Units), 2018-2028.

Table 9: Global Automotive Memory Market Size, By Region, By Value (USD Million), 2018-2028.

Table 10: Global Automotive Memory Market Size, By Region, By Volume (Million Units), 2018-2028.

Table 11: North America Automotive Memory Market Size, By Product, By Value (USD Million), 2018-2028.

Table 12: North America Automotive Memory Market Size, By Product, By Volume (Million Units), 2018-2028.

Table 13: North America Automotive Memory Market Size, By Low Density SLC NAND Flash Memory Type, By Value (USD Million), 2018-2028.

Table 14: North America Automotive Memory Market Size, By Low Density SLC NAND Flash Memory Type , By Volume ( Million Units), 2018-2028.

Table 15: North America Automotive Memory Market Size, By Vehicle Type, By Value (USD Million), 2018-2028.

Table 16: North America Automotive Memory Market Size, By Vehicle Type, By Volume ( Million Units), 2018-2028.

Table 17: North America Automotive Memory Market Size, By Application, By Value (USD Million), 2018-2028.

Table 18: North America Automotive Memory Market Size, By Application Type, By Volume ( Million Units), 2018-2028.

Table 19: North America Automotive Memory Market Size, By Country, By Value (USD Million), 2018-2028.

Table 20: North America Automotive Memory Market Size, By Country, By Volume (Million Units), 2018-2028.

Table 21: Europe Automotive Memory Market Size, By Product, By Value (USD Million), 2018-2028.

Table 22: Europe Automotive Memory Market Size, By Product, By Volume (Million Units), 2018-2028.

Table 23: Europe Automotive Memory Market Size, By Low Density SLC NAND Flash Memory Type , By Value (USD Million), 2018-2028.

Table 24: Europe Automotive Memory Market Size, By Low Density SLC NAND Flash Memory Type , By Volume ( Million Units), 2018-2028.

Table 25: Europe Automotive Memory Market Size, By Vehicle Type, By Value (USD Million), 2018-2028.

Table 26: Europe Automotive Memory Market Size, By Vehicle Type, By Volume ( Million Units), 2018-2028.

Table 27: Europe Automotive Memory Market Size, By Application, By Value (USD Million), 2018-2028.

Table 28: Europe Automotive Memory Market Size, By Application Type, By Volume ( Million Units), 2018-2028.

Table 29: Europe Automotive Memory Market Size, By Country, By Value (USD Million), 2018-2028.

Table 30: Europe Automotive Memory Market Size, By Country, By Volume (Million Unit), 2018-2028.

Table 31: Asia-Pacific Automotive Memory Market Size, By Product, By Value (USD Million), 2018-2028.

Table 32: Asia-Pacific Automotive Memory Market Size, By Product, By Volume (Million Units), 2018-2028.

Table 33: Asia-Pacific Automotive Memory Market Size, By Low Density SLC NAND Flash Memory Type , By Value (USD Million), 2018-2028.

Table 34: Asia-Pacific Automotive Memory Market Size, By Low Density SLC NAND Flash Memory Type , By Volume ( Million Units), 2018-2028.

Table 35: Asia-Pacific Automotive Memory Market Size, By Vehicle Type, By Value (USD Million), 2018-2028.

Table 36: Asia-Pacific Automotive Memory Market Size, By Vehicle Type, By Volume (Million Units), 2018-2028.

Table 37: Asia-Pacific Automotive Memory Market Size, By Application, By Value (USD Million), 2018-2028.

Table 38: Asia-Pacific Automotive Memory Market Size, By Application Type, By Volume ( Million Units), 2018-2028.

Table 39: Asia-Pacific Automotive Memory Market Size, By Country, By Value (USD Million), 2018-2028.

Table 40: Asia-Pacific Automotive Memory Market Size, By Country, By Volume (Million Units), 2018-2028.

Table 41: Latin America Automotive Memory Market Size, By Product, By Value (USD Million), 2018-2028.

Table 42: Latin America Automotive Memory Market Size, By Product, By Volume (Million Units), 2018-2028.

Table 43: Latin America Automotive Memory Market Size, By Low Density SLC NAND Flash Memory Type , By Value (USD Million), 2018-2028.

Table 44: Latin America Automotive Memory Market Size, By Low Density SLC NAND Flash Memory Type , By Volume (Million Units), 2018-2028.

Table 45: Latin America Automotive Memory Market Size, By Vehicle Type, By Value (USD Million), 2018-2028.

Table 46: Latin America Automotive Memory Market Size, By Vehicle Type, By Volume ( Million Units), 2018-2028.

Table 47: Latin America Automotive Memory Market Size, By Application, By Value (USD Million), 2018-2028.

Table 48: Latin America Automotive Memory Market Size, By Application Type, By Volume ( Million Units), 2018-2028.

Table 49: Latin America Automotive Memory Market Size, By Country, By Value (USD Million), 2018-2028.

Table 50: Latin America Automotive Memory Market Size, By Country, By Volume (Million Units), 2018-2028.

Table 51: Middle East & Africa Automotive Memory Market Size, By Product, By Value (USD Million), 2018-2028.

Table 52: Middle East & Africa Automotive Memory Market Size, By Product, By Volume (Million Units), 2018-2028.

Table 53: Middle East & Africa Automotive Memory Market Size, By Low Density SLC NAND Flash Memory Type , By Value (USD Million), 2018-2028.

Table 54: Middle East & Africa Automotive Memory Market Size, By Low Density SLC NAND Flash Memory Type , By Volume ( Million Units), 2018-2028.

Table 55: Middle East & Africa Automotive Memory Market Size, By Vehicle Type, By Value (USD Million), 2018-2028.

Table 56: Middle East & Africa Automotive Memory Market Size, By Vehicle Type, By Volume ( Million Units), 2018-2028.

Table 57: Middle East & Africa Automotive Memory Market Size, By Application, By Value (USD Million), 2018-2028.

Table 58: Middle East & Africa Automotive Memory Market Size, By Application Type, By Volume ( Million Units), 2018-2028.

Table 59: Middle East & Africa Automotive Memory Market Size, By Country, By Value (USD Million), 2018-2028.

Table 60: Middle East & Africa Automotive Memory Market Size, By Country, By Volume (Million Units), 2018-2028.

Table 61: List of Key Players and Their Offerings .

Table 62: Competitive Benchmarking, By Operating Parameters.

Table 64: Merger/Acquisitions/Product Launch/Expansion.

Table 65: Micron Technology Inc. Company Overview

Table 66: Micron Technology Inc. Financial Analysis

Table 67: SK Hynix Inc. Company Overview

Table 68: SK hynix Inc. Financial Analysis

Table 69: Samsung Electronic Co Ltd. Company Overview

Table 70: Samsung Electronic Co Ltd. Financial Analysis

Table 71: Western Digital Technologies, Inc. Company Overview

Table 72: Western Digital Technologies, Inc. Financial Analysis

Table 73: Infineon Technologies AG Company Overview.

Table 74: Infineon Technologies AG Financial Analysis.

Table 75: Macronix International Co. Company Overview

Table 76: Macronix International Co. Financial Analysis

Table 77: Integrated silicon Solution, Inc. Company Overview

Table 78: Renesas Electronics Corporation Company Overview.

Table 79: Renesas Electronics Corporation Financial Analysis.

Table 80: Qualcomm Technologies, Inc. Company Overview

Table 81: Qualcomm Technologies, Inc. Financial Analysis

Table 82: MediaTek, Inc. Company Overview

Table 83: MediaTek, Inc. Financial Analysis

Table 84: Toshiba Corporation Company Overview.

Table 85: Toshiba Corporation Financial Analysis.

Table 86: STMicroelectronics Company Overview.

Table 87: STMicroelectronics Financial Analysis.

Table 88: Nanya Technology Company Overview.

Table 89: Nanya Technology Financial Analysis.

Table 90: Texas Instruments Inc. Company Overview

Table 91: Texas Instruments Inc. Financial Analysis

Table 92: Windbond Electronics Corp. Company Overview

Table 93: Windbond Electronics Corp. Financial Analysis

The List of Companies - Automotive Memory Market

1. Micron Technology, Inc.

2. Sk Hynix

3. Samsung Electronics Co., Ltd.

4. Western Digital Technologies, Inc.

5. Infineon Technologies AG

6. Macronix International Co.

7. Integrated silicon Solution, Inc.

8. Renesas Corporation

9. Qualcomm Technologies, Inc.

10. MediaTek, Inc.

11. Toshiba Corporation

12. STMicroelectronics N.V.

13. Nanya Technology

14. Texas Instruments Inc.

15. Windbond Electronics Corp.

Reason To Buy

• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global automotive memory market

• Highlights key business priorities in order to assist companies to realign their business strategies

• The key findings and recommendations highlight crucial progressive industry trends in the global automotive memory market, thereby allowing players across the value chain to develop effective long-term strategies

• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it

• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

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