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North America NOR Flash Market

2021

North America 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: TIPRE00025764 | No. of Pages: 110 | Category: Technology, Media and Telecommunications | Status: Published

Market Insights

North America NOR Flash Market to Grow at a CAGR of 14.0% to reach US$ 1,643.6 million Million from 2021 to 2028

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The North America NOR flash market is expected to reach US$ 1,643.6 million by 2028 from US$ 656.4 million in 2021; it is estimated to grow at a CAGR of 14.0% from 2021 to 2028.

The market growth is attributed to factors such as the growing digitalization and emergence of data-centric applications and rising technological advancements of NOR flash across the region. However, the availability of substitutes for NOR flash hampers the growth of the market.
The rapidly expanding technological development, coupled with the humongous production of data, has critically increased the demand for memories that are capable of handling large data efficiently. The NOR flash memory is something that fits into almost every demand from the end users. These types of memory technologies offer relatively exclusive benefits to the industry players as they deliver a far better-read performance and operate much faster than already existing memory technologies. NOR flash is most used in applications that require individual bytes of data to be written and read, and it is also used in random access and execute-in-place access techniques. The consumer electronics devices industry is witnessing immense growth in both developed and developing countries majorly due to advancements and smart features offered. Consumer electronics devices such as smartphones, tablets, PCs, TVs, washing machines, refrigerators, and music players, have become an integral part of people’s lives. All these devices are becoming smarter with the ongoing technological advancements and integration of the Internet of things (IoT) and artificial intelligence (AI). Furthermore, wearable devices account for one of the fastest-growing segments of the IoT-connected device industry. Advanced enterprises consider wearables as an exceptional opportunity for mobile technology that can drive greater efficiency, improve workflow, and enhance communication. Technological developments and the availability of smart features in consumer electronics devices are expected to fuel the demand for consumer electronic devices in the coming years. The consumer electronics industry, on the other hand, is undergoing some tectonic transformations right now. Handsets have already fallen behind in terms of growth and are unlikely to rebound on a global basis. Wearables, on the other hand, are rapidly overtaking the world. For instance, in June 2018, Cypress Semiconductor announced the launch of the Semper NOR flash memory family, which is geared for automotive and industrial applications and prioritizes safety and dependability. Thus, the growing demand for non-volatile memory in wearable and connected devices and high-speed, low-power, and highly scalable memory devices will boost the growth of the NOR flash market

North American market suffered a huge loss in the first half of 2020 owing to the high number of COVID-19 cases, specifically in the US. Post lockdown, the market witnessed increasing demand for digital devices. North America is among the eminent regions in adopting smart or IoT-based devices due to favorable infrastructure support for high-speed internet services. The adoption of the 5G network is supposed to drive the market growth post lockdown. The COVID-19 outbreak has a major impact on manufacturing facilities as production capacities were lowered. As the demand for electronics remained constant, it helped the market to resume the growth. The COVID-19 pandemic has a temporary impact on this market as only the production and supply chain are halted. Production, supply chains, and demand for NOR flash memory will steadily improve as the situation improves. Cypress Semiconductor, for instance, has a NOR Flash memory solution for a fail-safe 5G network. The next generation of mobile internet connections is on the verge of becoming a reality. The 5G network will change lives by providing substantially higher transmission speeds and lower latency. Apart from allowing user to download high-definition movies to their phone in seconds, 5G networks will give much-needed additional bandwidth for Internet of Things (IoT) applications. Thus, the COVID-19 lockout would encourage businesses to consider modern NOR flash memory to improve efficiency.

NOR flash market

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NORTH AMERICA 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

  • US
  • Canada
  • Mexico

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 North America 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 – North America Analysis

6.1 NOR Flash Market North America 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 – North America Analysis

10.1 North America: NOR Flash Market

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

10.1.2 North America: NOR Flash Market, by Type

10.1.3 North America: NOR Flash Market, by Density

10.1.4 North America: NOR Flash Market, by Application

10.1.5 North America: NOR Flash Market, by Key Country

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

10.1.5.1.1 US: NOR Flash Market, by Type

10.1.5.1.2 US: NOR Flash Market, by Density

10.1.5.1.3 US: NOR Flash Market, by Application

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

10.1.5.2.1 Canada: NOR Flash Market, by Type

10.1.5.2.2 Canada: NOR Flash Market, by Density

10.1.5.2.3 Canada: NOR Flash Market, by Application

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

10.1.5.3.1 Mexico: NOR Flash Market, by Type

10.1.5.3.2 Mexico: NOR Flash Market, by Density

10.1.5.3.3 Mexico: NOR Flash Market, by Application

11. NOR Flash Market - COVID-19 Impact Analysis

11.1 North America

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 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. North America: NOR Flash Market, by Type – Revenue and Forecast to 2028 (US$ Million)

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

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

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

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

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

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

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

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

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

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

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

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

Table 14. List of Abbreviation


LIST OF FIGURES

Figure 1. NOR Flash Market Segmentation

Figure 2. NOR Flash Market Segmentation – By Country

Figure 3. North America 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. U.S to Show Great Traction During Forecast Period

Figure 8. North America – Pest Analysis

Figure 9. Expert Opinion

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

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

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

Figure 29. North America: NOR Flash Market Revenue Share, by Application (2020 and 2028)

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

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

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

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

Figure 34. Impact of COVID-19 Pandemic in North America 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 North America 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 North America 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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