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Europe NOR Flash Market

2021

Europe 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: TIPRE00025788 | No. of Pages: 147 | Category: Technology, Media and Telecommunications | Status: Published

Market Insights

Europe NOR Flash Market to Grow at a CAGR of 13.2% to reach US$ 1,353.5 million Million from 2021 to 2028

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The Europe NOR flash market is expected to reach US$ 1,353.5 million by 2028 from US$ 568.0 million in 2021; it is likely to grow at a CAGR of 13.2% from 2021 to 2028.

The market growth is attributed to factors such as the growing digitalization and emergence of data-centric applications and rising penetration of internet of things (IoT) to accelerate demand for NOR Flash across the region. However, the availability of substitutes for NOR flash hampers the growth of the market.

The rapidly increasing data-centric applications of NOR flash memories in numerous industry verticals worldwide, coupled with the burgeoning prominence of mobile devices and connected technology, is expected to offer an increase in demand for NOR flash memories. Furthermore, high-performance NOR flash technologies enable the simplification of the memory hierarchy, which can be used for incorporating non-volatility in logic circuits, resulting in a new application for NOR flash memories in hardware security and neuromorphic computing. In addition, non-volatile memories were also recently used for the development of 3D stackable memory architecture. The rising demand from the IT companies for making a computer's system further secured and enhancing its efficiency is expected to drive innovative applications of NOR flash memories. The trend is subsequently anticipated to encourage the NOR flash market growth during the forecast period. The vision for the Internet of things (IoT) industry-wide foresees the installation of an abundance of connected devices into the global network. Such unprecedented growth in the installation of connected devices has resulted in a critical memory challenge for the IoT, which is being addressed by innovative memory technologies. NOR flash memory delivers quick random readings and long-term dependability, making it suited for automotive, medical, and portable consumer devices as mobility and IoT grow. Besides, the demand for NOR flash memories in the IoT market will be escalated by the rising need for interoperability to support the multiple protocol stack for fulfilling the lack of worldwide adopted IoT connectivity standards. Moreover, the expectations placed on NOR flash are similar to those placed on other IoT devices – low cost, low power consumption, small size, high reliability, performance, and security. The W25Q SpiFlash Multi-I/O Memories from Winbond meet all of the above criteria, notably in terms of reliability and performance. The popular serial peripheral interface (SPI) is used in the W25Q family, with densities ranging from 512 Kb to 512 Mb, compact erasable sectors, and the best performance in the market.

Due to increased number of COVID-19 cases, Europe witnessed a sluggish growth in the NOR flash market in the first half of 2020. The semiconductor industry took a significant hit as the demand for electronic components was lowered from industrial sector and end users. Countries such as Russia, France, Spain, and the UK had a major count of COVID-19 cases. The semiconductor industry in Europe resumes growth at a slower rate compared to other markets, such as Asia and the US. The demand from industrial and automotive electronics has witnessed a substantial hit than consumer electronics due to the impact of COVID-19 pandemic. Post lockdown, the market has witnessed healthy growth rate owing to the increasing demand for advanced electronics devices to restart the facilities, operations, commercial places, and transportation.

NOR flash market

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EUROPE 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

  • Germany
  • Russia
  • Italy
  • France
  • UK
  • Rest of Europe

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

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 Country

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 Europe 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 –Europe Analysis

6.1 NOR Flash Market Europe 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 –Europe Analysis

10.1 Europe: NOR Flash Market

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

10.1.2 Europe: NOR Flash Market, by Type

10.1.3 Europe: NOR Flash Market, by Density

10.1.4 Europe: NOR Flash Market, by Application

10.1.5 Europe: NOR Flash Market, by Key Country

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

10.1.5.1.1 France: NOR Flash Market, by Type

10.1.5.1.2 France: NOR Flash Market, by Density

10.1.5.1.3 France: NOR Flash Market, by Application

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

10.1.5.2.1 Germany: NOR Flash Market, by Type

10.1.5.2.2 Germany: NOR Flash Market, by Density

10.1.5.2.3 Germany: NOR Flash Market, by Application

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

10.1.5.3.1 Italy: NOR Flash Market, by Type

10.1.5.3.2 Italy: NOR Flash Market, by Density

10.1.5.3.3 Italy: NOR Flash Market, by Application

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

10.1.5.4.1 UK: NOR Flash Market, by Type

10.1.5.4.2 UK: NOR Flash Market, by Density

10.1.5.4.3 UK: NOR Flash Market, by Application

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

10.1.5.5.1 Russia: NOR Flash Market, by Type

10.1.5.5.2 Russia: NOR Flash Market, by Density

10.1.5.5.3 Russia: NOR Flash Market, by Application

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

10.1.5.6.1 Rest of Europe: NOR Flash Market, by Type

10.1.5.6.2 Rest of Europe: NOR Flash Market, by Density

10.1.5.6.3 Rest of Europe: NOR Flash Market, by Application

11. NOR Flash Market - COVID-19 Impact Analysis

11.1 Europe

12. Industry Landscape

12.1 Overview

12.2 Market Initiative

12.3 Merger and Acquisition

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 Dialog Semiconductor

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 GigaDevice

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

14. Appendix

14.1 About The Insight Partners

14.2 Word Index


LIST OF TABLES

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Table 22. Rest of Europe: 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. Europe NOR Flash Market Overview

Figure 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. Germany to Show Great Traction During Forecast Period

Figure 8. Europe – Pest Analysis

Figure 9. Expert Opinion

Figure 10. Europe 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. Europe: NOR Flash Market – Revenue and Forecast to 2028 (US$ Million)

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

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

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

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

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

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

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

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

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

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

Figure 37. Impact of COVID-19 Pandemic in Europe 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
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe 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 Europe 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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