April 18, 2020

Europe SLC NAND Flash Memory Market to Witness Vigorous Growth during the Forecast Period

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The Rising digitalization and increasing data-centric applications of SLC NAND flash memories and growing demand for advanced features are the major factors propelling the growth of the SLC NAND flash memory market. In addition, the rising penetration of connected cars to offer a significant opportunity platform is anticipated to boost the SLC NAND flash memory market growth in the near future. The SLC NAND flash memory market is experiencing an intense growth with regards to new product developments, and deployment for future in the current scenario although it is anticipated to rise at a sluggish pace in the coming years. The market for SLC NAND comprises of several tier1, tier2 and tier3 companies across the globe which capitalize substantial amounts with an objective to develop advanced electronic and semiconductor storage products.

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Europe SLC NAND Flash Memory Market - Companies Mentioned: Cypress Semiconductor Corporation,Intel Corporation,Kingston Technology Company, Inc.,Microchip Technology Inc.,Micron Technology, Inc.,Samsung Electronics Co Ltd.,SK Hynix Semiconductor Inc.,Toshiba Corporation,Western Digital Corporation,Winbond Electronics Corporation,Fudan Microelectronics

SLC NAND flash memory market by application is segmented into automotive, industrial, communication, computers & IT, consumer electronics, and others. Automotive application of SLC NAND flash memory market is expected to dominate during the forecast period. The automotive sector is posing incredible growth prospects to the SLC NAND flash memory market due to the increasing application of all the form factors such as memory, interface, processor, and analog systems in safety applications, as well as in drive assistance, parking sensors, navigation system, and energy-efficiency applications. 

Further, autonomous driving is one of the most exciting applications of computing currently in development. Many semiconductor manufacturing companies are focusing on the latest developments, including the evolution of ADAS, automotive infotainment, and others. The automotive OEM’s strategies and product launch plans are further expected to provide significant opportunities for SLC NAND flash memory market.

EUROPE SLC NAND FLASH MEMORY MARKET SEGMENTATION By Type

  • Serial
  • Parallel

By Application

  • Automotive
  • Industrial
  • Communication
  • Computers & IT
  • Consumer Electronics
  • Others

By Density

  • 1 Gb
  • 2 Gb
  • 4 Gb
  • 8 Gb
  • Above 8 Gb

 By Country

  • Germany
  • Italy
  • France
  • Sweden
  • Rest of Europe

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