Combination and concatenation of “memory” and “resistor”, is memristor whose working mechanism is as a resistor in the circuit as well as a memory device. The memristorsresistancevaries as per to the memristance utility of the device. Memristor has two major properties such as it changes memristor resistance as per alteration in path of current flow. Second one is when the power is turned-off; the memristor can recollect its resistance rate till the time power is supplied again.These properties of memristor help to store work and data as aprogressive memory component. Due to these properties and its capacity of storage the corporate are greatly investing on the research and development (R&D) of memristors.

Market Dynamics

Increasing demand in wearable devices such as smartwatches, smart fabrics, fitness band, and smart glasses is driving the growth of the market. Also, increase in demand of tablets, smartphones, robotics, and others further propel the market growth as this technology requires huge capacity of memory. High- cost required for manufacturing of these technologies results in halting the growth of the market. The increasing need for extra storage in devices such as camcorders, cameras, mobile devices, wearables, and others will subsequently boost the demand in coming years.

Market Classification

The market can be bifurcated on the basis of application, product and geography. By application, memristor devices market can be segmented into electronics, healthcare, industrial, and among other. By product, memristor devices market can be segmented into ionic film and molecular memristor device, magnetic and spin-based memristor device, and among others. On the basis of geography, the memristor devices market can be segmented into North America, Latin America, Europe, Middle East & Africa (MEA) and Asia-Pacific.

Report Coverage

Market Participants

Some of the major players involved in memristor devices market include SanDisk, Intel Corp, Hewlett-Packard, Samsung Group, SK Hynix Inc., Toshiba Corp and Micron Technology Inc. among others.

Market Segmentation

Market By Application

• Electronics
• Healthcare
• Industrial
• Other

Market By Product

• Ionic Film and Molecular Memristor Device
• Magnetic and Spin-Based Memristor Device

Market By Geography

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • France
  • Germany
  • Rest of Europe
• Asia-Pacific
  • China
  • Japan
  • India
  • Australia
  • Rest of Asia-Pacific
• Latin America
  • Brazil
  • Chile
  • Rest of LATAM
• Middle East and Africa (MEA)
  • South Africa
  • Saudi Arabia
  • Rest of MEA