Europe SLC NAND Flash Memory Market Developments and Forecast by 2027

Historic Data: 2016-2017 | Base Year: 2018 | Forecast Period: 2019-2027

Europe SLC NAND Flash Memory Market to 2027 - Regional Analysis and Forecasts by Type (Serial NAND and Parallel NAND); Application (Automotive, Industrial, Communication, Computers and IT, Consumer Electronics, and Others); Density (1 Gb, 2 Gb, 4 Gb, 8 Gb, and Above 8 Gb)

Report Date : Sep 2019
Report Code : TIPRE00006665

Category : Electronics and Semiconductor
Status : Published

Available Report Formats :
No. of Pages : 165

Page Updated: Feb 2025

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

SLC NAND flash memory market in Europe is expected to grow from US$ 250.5 Mn in 2018 to US$ 375.9 Mn by the year 2027 with a CAGR of 4.1% from the year 2019 to 2027.

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. Also, there are a few stakeholders in the SLC NAND flash memory ecosystem that are involved in the end-to-end development of SLC NAND flash memory and ensuring that the best product is made available for the users. Government funding for research & development, automotive manufacturers, communication equipment manufacturers, strategic partnerships between chipset manufacturers, equipment vendors, network operators and Government bodies are anticipated to enable huge surges in the market for SLC NAND flash memory over the forecast period. Growing usage of the semiconductor based electronic devices in various industry verticals owing to the advent of IoT and Industrial IoT is one major factor driving the demands for these products. IoT technology has empowered each device to communicate with each of the other devices present on the network and thereby create the need for memories and storage spaces.

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.

Germany led the Europe SLC NAND flash memory market in 2018 and is expected to continue its dominance during the forecast period with the maximum share. As Germany is one of the world’s largest automotive hubs, most of the automobile manufacturers also become customers for the advanced vehicle components. Germany also claims to be the largest concentration of OEM plants across Europe. Volkswagen and Daimler are two most prominent companies mainly focused on safety application in both 2014 and 2015. Software and electronic components are anticipated to play a prominent role in vehicle innovation. Around 90% of automotive innovations in 2016 featured electronics and software, more specifically in active safety requirements. Good economic growth has also driven the German SLC NAND flash memory market in the automotive sector. The figure given below highlights the revenue share of the Rest of Europe in the SLC NAND flash memory market in the forecast period:

Rest of Europe SLC NAND flash memory Market Revenue and Forecasts to 2027 (US$ Mn)

This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

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
France
Italy
UK
Russia
Rest of 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

Europe SLC NAND Flash Memory Report Scope

Report Attribute	Details
Market size in 2018	US$ 250.5 Million
Market Size by 2027	US$ 375.9 Million
Global CAGR (2019 - 2027)	4.1%
Historical Data	2016-2017
Forecast period	2019-2027
Segments Covered	By Type Serial NAND and Parallel NAND By Application Automotive Industrial Communication Computers and IT Consumer Electronics By Density 1 Gb 2 Gb 4 Gb 8 Gb Above 8 Gb
Regions and Countries Covered	Europe UK Germany France Russia Italy Rest of Europe
Market leaders and key company profiles	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

Research Manager

Naveen Chittaragi

Associate Vice President,
Market Research & Consulting

Naveen is an experienced market research and consulting professional with over 9 years of expertise across custom, syndicated, and consulting projects. Currently serving as Associate Vice President, he has successfully managed stakeholders across the project value chain and has authored over 100 research reports and 30+ consulting assignments. His work spans across industrial and government projects, contributing significantly to client success and data-driven decision-making.

Naveen holds an Engineering degree in Electronics & Communication from VTU, Karnataka, and an MBA in Marketing & Operations from Manipal University. He has been an active IEEE member for 9 years, participating in conferences, technical symposiums, and volunteering at both section and regional levels. Prior to his current role, he worked as an Associate Strategic Consultant at IndustryARC and as an Industrial Server Consultant at Hewlett Packard (HP Global).

What are the Europe SLC NAND Flash Memory Market report deliverables?

Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
PEST and SWOT Analysis
Market Size Value / Volume - Global, Regional, Country
Industry and Competitive Landscape
Excel Dataset

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