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Asia Pacific NOR Flash Market

2021

Technology, Media and Telecommunications Asia Pacific NOR Flash Market Forec...

Asia Pacific NOR Flash Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Serial NOR Flash and Parallel NOR Flash), Application (Industrial, Telecommunication, Networking, Automotive, Smart Grid Space, and Others), and Density (Less than 250Mb, 250Mb-1Gb, and More than 1Gb)

Publication Month: Nov 2021 | Report Code: TIPRE00025858 | No. of Pages: 151 | Category: Technology, Media and Telecommunications | Status: Published

Market Insights

Asia Pacific NOR Flash Market to Grow at a CAGR of 15.4% to reach US$ 2,487.9 million Million from 2021 to 2028

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The Asia Pacific NOR flash market is expected to reach US$ 2,487.9 million by 2028 from US$ 913.6 million in 2021; it is estimated to grow at a CAGR of 15.4% from 2021 to 2028.


The market growth is attributed to factors such as growing digitalization and emergence of data-centric applications and rising role of NOR flash in automotive design. However, the availability of substitutes for NOR flash hampers the growth of the NOR flash market

Recently, electric vehicles have found profound attraction in the end-user circles, coupled with the boost from governmental authorities, owing to the environment-friendly nature of these cars. Trends such as advanced driver assistant systems (ADAS), infotainment systems, and car telematics have been trending in the automotive industry for quite some time now. The success of these trends is entirely attributed to the sophistication and technological advancements in the semiconductor industry. Furthermore, NOR flash is emerging as a replacement for EEPROM (electronically erasable programmable read-only memory) in many applications, owing to its programmability characteristics. It finds new uses in areas that require quick, non-volatile memory, such as communications, industrial, and automotive. The automotive sector is receiving a lot of attention as a result of the development of autonomous vehicles. For instance, Macronix International, which bills itself as the world's leading supplier of NOR flash, is ranked third in the automobile category. Furthermore, the trends such as car telematics and easy-to-use and interactive infotainment systems are emerging at rapid rates and being developed with a focus on driver and passenger safety. Also, the implementation of other safety features has resulted in a reduced number of car accidents, as well as fatalities, in the last decade. Vehicles of today come with increased computing power, owing to the rising integration of electronic components into the vehicles. The rising demand for autonomous cars, is anticipated to contribute to the demand for NOR flash memories. Furthermore, the penetration of connected cars is grounded upon the innovative safety factor, which includes ADAS, head-up display (HUD) System, and many other technologies. For effective implementation and functioning of the advanced connected car technologies, the manufacturers would require a memory technology that would not only support the advanced technologies but also is flexible with fluctuating data rates. In the coming years, the adoption of next-generation infotainment systems and ADAS would be integrating the DRAM (Dynamic random-access memory) memory technologies that would have much higher performance and low power consumption capabilities. At present, the penetration of automated cars is moderately low, which is projected to spur in the coming years. The growth in demand for autonomous cars is suspected to be primarily driven by the increasing incidence of fatal car crashes, which are expected to be reduced by the use of super-intelligent automated cars in the coming years. Therefore, the higher demand for autonomous vehicles is expected to increase the need for NOR flash memories in the future.

The COVID-19 outbreak was emerged in China, and adversely affected several neighboring countries such as South Korea and India. Countries such as China, India, South Korea, and Japan are moving toward new networking solutions such as 5G, 4G, and VoLTE. China and India are the most prominent manufacturing hubs in the region and have an enhanced focus on industrialization. The growth of the manufacturing industry has been hampered due to lockdown but soon recovered the development by enhancing the production capabilities in the second half of the year. The demand for advanced electronics such as a smartwatch, smart wearables, and healthcare machines has risen significantly. Also, companies in Asia have restructured their capabilities by adopting various strategies such as automation, partnership, and acquisition. Furthermore, the production of NOR flash vendors in APAC was not severely affected by the outbreak. This is due to the fact that the plants are highly automated and have low manpower requirements, and the operators also stockpiled up on raw supplies.

NOR flash market

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ASIA PACIFIC DUAL CLUTCH TRANSMISSION MARKET SEGMENTATION

By Type

  • Serial NOR Flash
  • Parallel NOR Flash

By Density

  • Less than 250Mb
  • 250Mb-1Gb
  • More than 1Gb

By Application

  • Industrial
  • Telecommunication
  • Networking
  • Automotive
  • Smart Grid Space
  • Others

By Country

  • India
  • China
  • Japan
  • Australia
  • South Korea
  • Rest of Asia Pacific

Company Profiles

  • Cypress Semiconductor Corporation
  • Integrated Silicon Solution Inc.
  • Micron Technology, Inc
  • WINBOND ELECTRONICS CORPORAITON
  • Microchip Technologies, Inc.
  • Macronix International Co., Ltd
  • Dialog Semiconductor
  • GigaDevice
  • Elite Semiconductor Microelectronics Technology Inc.
  • JSC.

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 NOR Flash Market – By Type

1.3.2 NOR Flash Market – By Density

1.3.3 NOR Flash Market – By Application

1.3.4 NOR Flash Market- By Region

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. NOR Flash Market Landscape

4.1 Market Overview

4.2 PEST Analysis

4.2.1 Asia Pacific PEST Analysis

4.3 Expert Opinion

5. NOR Flash Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Increasing Need for Advanced Features

5.1.2 Growing Digitalization and Emergence of Data-Centric Applications

5.2 Market Restraints

5.2.1 Availability of Substitutes

5.3 Market Opportunities

5.3.1 Growing Role of NOR Flash in Automotive Design

5.4 Future Trends

5.4.1 Rising Penetration of Internet of Things (IoT) to Accelerate Demand for NOR Flash

5.5 Impact Analysis of Drivers and Restraints

6. NOR Flash Market –Asia Pacific Analysis

6.1 NOR Flash Market Asia Pacific Overview

6.2 NOR Flash Market – Revenue and Forecast to 2028 (US$ Million)

7. NOR Flash Market Analysis – By Type

7.1 Overview

7.2 NOR Flash Market, By Type (2020 and 2028)

7.3 Serial NOR Flash

7.3.1 Overview

7.3.2 Serial NOR Flash: NOR Flash Market – Revenue and Forecast to 2028 (US$ Million)

7.4 Parallel NOR Flash

7.4.1 Overview

7.4.2 Parallel NOR Flash: NOR Flash Market – Revenue and Forecast to 2028 (US$ Million)

8. NOR Flash Market Analysis – By Density

8.1 Overview

8.2 NOR Flash Market, By Density (2020 and 2028)

8.3 Less than 250Mb

8.3.1 Overview

8.3.2 Less than 250Mb: NOR Flash Market – Revenue and Forecast to 2028 (US$ Million)

8.4Mb-1Gb

8.4.1 Overview

8.4.2Mb-1Gb: NOR Flash Market – Revenue and Forecast to 2028 (US$ Million)

8.5 More than 1Gb

8.5.1 Overview

8.5.2 More than 1Gb: NOR Flash Market – Revenue and Forecast to 2028 (US$ Million)

9. NOR Flash Market Analysis – By Application

9.1 Overview

9.2 NOR Flash Market Breakdown, by Application, 2020 & 2028

9.3 Industrial

9.3.1 Overview

9.3.2 Industrial Market Revenue and Forecast to 2028 (US$ Million)

9.4 Telecommunication

9.4.1 Overview

9.4.2 Telecommunication Market Revenue and Forecast to 2028 (US$ Million)

9.5 Networking

9.5.1 Overview

9.5.2 Networking Market Revenue and Forecast to 2028 (US$ Million)

9.6 Automotive

9.6.1 Automotive Market Revenue and Forecast to 2028 (US$ Million)

9.7 Smart Grid Space

9.7.1 Overview

9.7.2 Smart Grid Space Market Revenue and Forecast to 2028 (US$ Million)

9.8 Others

9.8.1 Overview

9.8.2 Others Market Revenue and Forecast to 2028 (US$ Million)

10. NOR Flash Market –Asia Pacific Analysis

10.1 APAC: NOR Flash Market

10.1.1 APAC: NOR Flash Market – Revenue and Forecast to 2028 (US$ Million)

10.1.2 APAC: NOR Flash Market, by Type

10.1.3 APAC: NOR Flash Market, by Density

10.1.4 APAC: NOR Flash Market, by Application

10.1.5 APAC: NOR Flash Market, by Key Country

10.1.5.1 Australia: NOR Flash Market – Revenue and Forecast to 2028 (US$ Million)

10.1.5.1.1 Australia: NOR Flash Market, by Type

10.1.5.1.2 Australia: NOR Flash Market, by Density

10.1.5.1.3 Australia: NOR Flash Market, by Application

10.1.5.2 China: NOR Flash Market – Revenue and Forecast to 2028 (US$ Million)

10.1.5.2.1 China: NOR Flash Market, by Type

10.1.5.2.2 China: NOR Flash Market, by Density

10.1.5.2.3 China: NOR Flash Market, by Application

10.1.5.3 India: NOR Flash Market – Revenue and Forecast to 2028 (US$ Million)

10.1.5.3.1 India: NOR Flash Market, by Type

10.1.5.3.2 India: NOR Flash Market, by Density

10.1.5.3.3 India: NOR Flash Market, by Application

10.1.5.4 Japan: NOR Flash Market – Revenue and Forecast to 2028 (US$ Million)

10.1.5.4.1 Japan: NOR Flash Market, by Type

10.1.5.4.2 Japan: NOR Flash Market, by Density

10.1.5.4.3 Japan: NOR Flash Market, by Application

10.1.5.5 South Korea: NOR Flash Market – Revenue and Forecast to 2028 (US$ Million)

10.1.5.5.1 South Korea: NOR Flash Market, by Type

10.1.5.5.2 South Korea: NOR Flash Market, by Density

10.1.5.5.3 South Korea: NOR Flash Market, by Application

10.1.5.6 Rest of APAC: NOR Flash Market – Revenue and Forecast to 2028 (US$ Million)

10.1.5.6.1 Rest of APAC: NOR Flash Market, by Type

10.1.5.6.2 Rest of APAC: NOR Flash Market, by Density

10.1.5.6.3 Rest of APAC: NOR Flash Market, by Application

11. NOR Flash Market - COVID-19 Impact Analysis

11.1 Asia Pacific

12. Industry Landscape

12.1 Overview

12.2 Market Initiative

13. Company Profiles

13.1 Cypress Semiconductor Corporation.

13.1.1 Key Facts

13.1.2 Business Description

13.1.3 Products and Services

13.1.4 Financial Overview

13.1.5 SWOT Analysis

13.1.6 Key Developments

13.2 Integrated Silicon Solution Inc.

13.2.1 Key Facts

13.2.2 Business Description

13.2.3 Products and Services

13.2.4 Financial Overview

13.2.5 SWOT Analysis

13.2.6 Key Developments

13.3 Micron Technology, Inc.

13.3.1 Key Facts

13.3.2 Business Description

13.3.3 Products and Services

13.3.4 Financial Overview

13.3.5 SWOT Analysis

13.3.6 Key Developments

13.4 WINBOND ELECTRONICS CORPORAITON

13.4.1 Key Facts

13.4.2 Business Description

13.4.3 Products and Services

13.4.4 Financial Overview

13.4.5 SWOT Analysis

13.4.6 Key Developments

13.5 Microchip Technologies, Inc.

13.5.1 Key Facts

13.5.2 Business Description

13.5.3 Products and Services

13.5.4 Financial Overview

13.5.5 SWOT Analysis

13.5.6 Key Developments

13.6 Macronix International Co., Ltd

13.6.1 Key Facts

13.6.2 Business Description

13.6.3 Products and Services

13.6.4 Financial Overview

13.6.5 SWOT Analysis

13.6.6 Key Developments

13.7 JSC.

13.7.1 Key Facts

13.7.2 Business Description

13.7.3 Products and Services

13.7.4 Financial Overview

13.7.5 SWOT Analysis

13.7.6 Key Developments

13.8 Elite Semiconductor Microelectronics Technology Inc.

13.8.1 Key Facts

13.8.2 Business Description

13.8.3 Products and Services

13.8.4 Financial Overview

13.8.5 SWOT Analysis

13.8.6 Key Developments

13.9 Dialog Semiconductor

13.9.1 Key Facts

13.9.2 Business Description

13.9.3 Products and Services

13.9.4 Financial Overview

13.9.5 SWOT Analysis

13.9.6 Key Developments

13.10 GigaDevice

13.10.1 Key Facts

13.10.2 Business Description

13.10.3 Products and Services

13.10.4 Financial Overview

13.10.5 SWOT Analysis

13.10.6 Key Developments

14. Appendix

14.1 About The Insight Partners

14.2 Word Index


LIST OF TABLES

Table 1. APAC: NOR Flash Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 2. APAC: NOR Flash Market, by Density – Revenue and Forecast to 2028 (US$ Million)

Table 3. APAC: NOR Flash Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 4. APAC NOR Flash Market, by Country – Revenue and Forecast to 2028 (USD Million)

Table 5. Australia: NOR Flash Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 6. Australia: NOR Flash Market, by Density – Revenue and Forecast to 2028 (US$ Million)

Table 7. Australia: NOR Flash Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 8. China: NOR Flash Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 9. China: NOR Flash Market, by Density – Revenue and Forecast to 2028 (US$ Million)

Table 10. China: NOR Flash Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 11. India: NOR Flash Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 12. India: NOR Flash Market, by Density – Revenue and Forecast to 2028 (US$ Million)

Table 13. India: NOR Flash Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 14. Japan: NOR Flash Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 15. Japan: NOR Flash Market, by Density – Revenue and Forecast to 2028 (US$ Million)

Table 16. Japan: NOR Flash Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 17. South Korea: NOR Flash Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 18. South Korea: NOR Flash Market, by Density – Revenue and Forecast to 2028 (US$ Million)

Table 19. South Korea: NOR Flash Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 20. Rest of APAC: NOR Flash Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 21. Rest of APAC: NOR Flash Market, by Density – Revenue and Forecast to 2028 (US$ Million)

Table 22. Rest of APAC: NOR Flash Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 23. List of Abbreviation

LIST OF FIGURES

Figure 1. NOR Flash Market Segmentation

Figure 2. NOR Flash Market Segmentation – By Country

Figure 3. Asia Pacific NOR Flash Market OverviewFigure 4........ Serial NOR Flash Segment Held the Largest Market Share Based on Type

Figure 5. Less than 250Mb Segment Held the Largest Market Share Based on Density

Figure 6. Industrial Segment Held the Largest Market Share Based on Application

Figure 7. China to Show Great Traction During Forecast Period

Figure 8. Asia Pacific – Pest Analysis

Figure 9. Expert Opinion

Figure 10. Asia Pacific NOR Flash Market: Impact Analysis of Drivers and Restraints

Figure 11. NOR Flash Market – Revenue and Forecast to 2028 (US$ Million)

Figure 12. NOR Flash Market Revenue Share, by Type (2020 and 2028)

Figure 13. Serial NOR Flash: NOR Flash Market – Revenue and Forecast to 2028 (US$ Million)

Figure 14. Parallel NOR Flash: NOR Flash Market – Revenue and Forecast to 2028 (US$ Million)

Figure 15. NOR Flash Market Revenue Share, by Density (2020 and 2028)

Figure 16. Less than 250Mb: NOR Flash Market – Revenue and Forecast to 2028 (US$ Million)

Figure 17.Mb-1Gb: NOR Flash Market – Revenue and Forecast to 2028 (US$ Million)

Figure 18. More than 1Gb: NOR Flash Market – Revenue and Forecast to 2028 (US$ Million)

Figure 19. NOR Flash Market Breakdown, by Application (2020 and 2028)

Figure 20. Industrial Market Revenue and Forecast to 2028(US$ Million)

Figure 21. Telecommunication Market Revenue and Forecast to 2028(US$ Million)

Figure 22. Networking Market Revenue and Forecast to 2028(US$ Million)

Figure 23. Automotive Market Revenue and Forecast to 2028(US$ Million)

Figure 24. Smart Grid Space Market Revenue and Forecast to 2028(US$ Million)

Figure 25. Others Market Revenue and Forecast to 2028(US$ Million)

Figure 26. APAC: NOR Flash Market – Revenue and Forecast to 2028 (US$ Million)

Figure 27. APAC: NOR Flash Market Revenue Share, by Type (2020 and 2028)

Figure 28. APAC: NOR Flash Market Revenue Share, by Density (2020 and 2028)

Figure 29. APAC: NOR Flash Market Revenue Share, by Application (2018 and 2027)

Figure 30. APAC: NOR Flash Market Revenue Share, by Key Country (2020 and 2028)

Figure 31. Australia: NOR Flash Market – Revenue and Forecast to 2028 (US$ Million)

Figure 32. China: NOR Flash Market – Revenue and Forecast to 2028 (US$ Million)

Figure 33. India: NOR Flash Market – Revenue and Forecast to 2028 (US$ Million)

Figure 34. Japan: NOR Flash Market – Revenue and Forecast to 2028 (US$ Million)

Figure 35. South Korea: NOR Flash Market – Revenue and Forecast to 2028 (US$ Million)

Figure 36. Rest of APAC: NOR Flash Market – Revenue and Forecast to 2028 (US$ Million)

Figure 37. Impact of COVID-19 Pandemic in Asia Pacific Country Markets


  1. Cypress Semiconductor Corporation
  2. Integrated Silicon Solution Inc.
  3. Micron Technology, Inc
  4. WINBOND ELECTRONICS CORPORAITON
  5. Microchip Technologies, Inc.
  6. Macronix International Co., Ltd
  7. Dialog Semiconductor
  8. GigaDevice
  9. Elite Semiconductor Microelectronics Technology Inc.
  10. JSC.
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Asia Pacific NOR Flash 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 Asia Pacific NOR Flash 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 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 security interest with respect to client products, segmentation, pricing and distribution. 
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