Global market for circuit elements with memory to reach $100 million by 2018

Memresistors, or memristors, have received the lion’s share of attention in the market for circuit elements with memory. The first commercial memristor devices began reaching the market in 2013, after several years of delays. Nonvolatile memory applications are expected to be the first type of memristor application commercialized. Intense R&D spending and technological advances, as well as applications across a wide range of industries will drive tremendous growth in this market for the foreseeable future.

BCC Research provides an in-depth analysis of the global circuit elements withmemory market through its report Global Markets for Circuit Elements with Memory: Memresistors, Memcapacitors,Meminductors. According to the report, this market was valued at essentially zero in 2013. However, BCC Research projects the market to grow to $100 million by 2018 and increase to $675 million by 2023. This market is expected to register a five-year compound annual growth rate of 46.5% from 2018 to 2023.

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Use this report for, but not limited to, the following reasons:

• Gain an overview of the global market for memresistors, memcapacitors, and meminductors.
• Analyze global market trends, with data projections for 2014 through 2018 and 2023.
• Assess descriptions of the basic technologies behind memresistors, memcapacitors, and meminductors as well as their history, challenges that must be overcome for commercialization, possible time frames for their commercialization, and potential applications.
• Review patent analyses and comprehensive company profiles of major players in the industry.

SAMPLE FIGURE

GLOBAL MARKET FOR CIRCUIT ELEMENTS WITH MEMORY BY TYPE OF APPLICATION, 2012—2023

($ MILLIONS)

 

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