DUBLIN--(BUSINESS WIRE)--The "Asia Pacific Spintronics Market 2021-2031 by Device Type, Application, Industry Vertical, and Country: Trend Forecast and Growth Opportunity" report has been added to ResearchAndMarkets.com's offering.

The Asia Pacific spintronics market will grow by 39.3% annually with a total addressable market cap of $29,944.8 million over 2022-2031, driven by the various advantages of spintronics over conventional electronics, the increasing deployment of electric vehicles (EV), a rising demand for magnetoresistive random-access memory (MRAM), the technological advancements along with the increase in government initiatives and investments.

This report is based on comprehensive research of the entire Asia Pacific spintronics market and all its sub-segments through extensively detailed classifications.

Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2019-2021 and provides forecast from 2022 till 2031 with 2021 as the base year.

In-depth qualitative analyses include identification and investigation of the following aspects:

• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter's Five Forces

The trend and outlook of Asia Pacific market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify Asia Pacific spintronics market in every aspect of the classification from perspectives of Device Type, Application, Industry Vertical, and Country.

Based on Device Type, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

• Metal-based Devices
• Giant Magneto Resistance-based Device (GMRs)
• Tunnel Magneto Resistance-based Device (TMRs)
• Spin-transfer Torque Device
• Spin-wave Logic Device
• Semiconductor-based Devices
• Spin Diode
• Spin Filter
• Spin Field Effect Transistor (FETs)

Based on Application, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

• Electric Vehicle and Industrial Motor
• Data Storage/MRAM
• Magnetic Sensing
• Semiconductor Laser
• Other Applications

By Industry Vertical, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

• Automotive & Transportation
• IT & Telecommunication
• Electronics & Semiconductors
• Manufacturing
• Healthcare
• Other Industry Verticals

Geographically, the following national/local markets are fully investigated:

• Japan
• China
• South Korea
• Australia
• India
• Rest of APAC (further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)

For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2021-2031. The breakdown of national markets by Device Type, Application, and Industry Vertical over the forecast years are also included.

The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.

Selected Key Players:

• Advanced MicroSensors Corporation
• Atomistix A/S
• Avalanche Technology Inc.
• Crocus Technology
• Everspin Technologies Inc.
• IBM Corporation
• Intel Corporation
• NVE Corporation
• Spin Memory Inc.
• Synopsys (QuantumWise)

For more information about this report visit https://www.researchandmarkets.com/r/ctzb5c

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