Global FRAM Market Research Report: by Product Type (4K, 6.18K, 16K, 32K, 64K, 128K, 256K, 512K, Others (1M, 2M,4M)), by Interface (Serial and Parallel), by Application (Metering/Measurement, Enterprise Storage, Automotive, Factory Automation, Telecommunication, Medical, Others), By Region (North America, Europe, Asia-Pacific, Middle East and Africa and Central & South America) - Forecast till 2025

Market Analysis

FRAM (ferroelectric random-access memory) is a high-performance, low-power non-volatile memory that uses ferroelectric film as a capacitor for storing data. It combines the benefits of conventional non-volatile memories (Flash and EEPROM) and high-speed RAM (SRAM and DRAM). The demand for FRAM is rapidly increasing in many applications that require high performance, low power, and high endurance. FRAM is considered a better alternative to electrically erasable programmable read-only memory (EEPROM) for low-power, data-logging applications where it is essential to prevent any data loss, even in the event of a sudden power shutdown. In 2018, Asia-Pacific dominated the global market; the regional market was valued at USD 114.5 million and is expected to register a CAGR of 3.11% during the forecast period. However, the market in North America is expected to be the fastest growing at the highest CAGR during the review period.

Market Segmentation

The global FRAM market has been segmented on the basis of type, interface, application, and region. By product type, the market is segmented into 4K, 6.18K, 16K, 32K, 64K, 128K, 256K, 512K, Others (1M, 2M,4M). By interface the market is segmented into serial and parallel. By application, the market is segmented into metering/measurement, enterprise storage, automotive, factory automation, telecommunication, medical, others. Based on product type, the digital printing segment was the largest at a market value of 46.2 million in 2018; it is projected to register a CAGR of 4.73% during the forecast period. By interface, serial segment accounted for the highest market value in 2018. On the basis of application, the telecommunications segment dominated the market in 2018.

Regional Analysis

Asia Pacific is expected to lead the global FRAM market with a CAGR of 43.13% during the forecast period. North America is projected to be the second-largest market and the market in north America is expected to be the fastest-growing. The report on the global FRAM market also covers the following country-level analysis like North America covering US, Canada and Mexico, Europe covering UK, Germany, France, Spain, Italy and Rest of Europe, Asia-Pacific covering China, India, Japan, South Korea and Rest of Asia-Pacific, Middle East & Africa covering UAE, Saudi Arabia, Rest of Middle East & Africa and South Africa, South & Central America covering Argentina, Brazil, Colombia and Rest of South & Central America.

Major Players

The key players of the global FRAM market are Fujitsu Ltd (Japan), Rohm Co., Ltd (Japan), Texas Instruments (US), and Cypress Semiconductor Corp (US), among others.