Low Density SLC NAND Flash Memory Market By Type (8 GBits, 4 Gbits, 2 Gbits) By Application (Solid State Drives, Mobile Phone, Flash Memory Cards) and Region - Global Forecast 2026
14th September 2018
find_in_page Our Research Methodology is based on the following main points:
- Data Collections and Interpretation
- Data Validation
- Final Projections and Conclusion
The global low density SLC NAND flash memory market is estimated to value at around US$ 0.9 Bn in 2018, and is expected to register a CAGR of -1.9%. The report offers in-depth insights, revenue details, and other vital information regarding the global low density SLC NAND flash memory market and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report also offers insightful and detailed information regarding the various key players operating in the low density SLC NAND flash memory market, and their financials, apart from strategies, acquisitions & mergers, and market footprint. The global low density SLC NAND flash memory market report has been segmented on the basis of type, application, and region/country.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the global low density SLC NAND flash memory market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
A single-level cell (SLC) NAND (NOT-AND) flash memory is an electronic non-volatile storage medium. A flash memory is electrically erased and reprogrammed. The SLC NAND flash memory offers benefits such as, high performance, high endurance, and power efficiency for small form factor applications. Furthermore, low density SLC NAND flash memory offers variety of benefits such as, fast write speed, durable products, higher cell endurance, and low power consumption.
Global Low Density SLC NAND Flash Memory Market Dynamics:
A major factor driving growth of the global low density SLC NAND flash memory market is increasing implementation in automotive infotainment systems among various sectors to provide end-users with innovative features such as Bluetooth connectivity, voice control, real-time traffic updates, and navigation information. In addition, increasing adoption of low density SLC NAND flash memory products in automotive sector is another factor expected to boost growth of the global low density SLC NAND flash memory market owing to benefits offered such as high performance, high endurance, high power efficiency, and high density.
Increasing adoption of products in wide range of applications from consumer use and industrial use is expected to drive growth of the global low density SLC NAND flash memory market owing to its high read and write speed, and high reliability features.
Furthermore, increasing penetration of smartphones, digital TVs, digital cameras, set-up boxes, and many more is expected to proliferate growth of the global low density SLC NAND flash memory market owing to uses of SLC NAND flash memory in multi-chip packages (MCP) and package-on-package (POP), high-density embedded storage, and card slots in handsets.
However, high costs associated with manufacturing more per megabyte of storage as compared to its counterparts is a major factor expected to challenge growth of the global low density SLC NAND flash memory market to a certain extent over the forecast period. In addition, SLC NAND flash memory are operated in extreme temperatures and conditions which provide rugged performance capability is another factor expected to hamper growth of global low density SLC NAND flash memory market to a certain extent.
Growing demand for automobiles owing to rising income levels, changing lifestyle of consumers, coupled with stringent government regulations for vehicle and passenger safety are among some of the major factors expected to boost production and sales of vehicles across the globe. For example, according to auto industry report by society of Indian automobile manufacturers for 2017–2018, the automotive industry produced a total of 29,075,605 vehicles including passenger vehicles, commercial vehicles, three-wheelers, two-wheelers, and quadricycles in April–March 2018, as against 25,330,967 in April–March 2017, registering a growth of 14.7% over the same period last year. This in turn is expected to support growth of the global low density SLC NAND flash memory market over the forecast period.
Market Analysis by type:
On the basis of type, 8 GBits segment is expected to contribute major revenue share in the global low density SLC NAND flash memory market, owing to high performance, more storage, and high speed.
Market Analysis by Application:
Among all the application segments, the others segment is expected to contribute major revenue share in the global low density SLC NAND flash memory market and is expected to continue with its dominance over the forecast period. The others application segment includes automobiles, set-top box, POS, biometrics, printers, and connected devices used in IoT.
Market Analysis by Region /Country:
The market in China accounted for highest revenue share of XX.X% of the global low density SLC NAND flash memory market in 2017. However, after 2018, growth of the low density SLC NAND flash memory market in North America is expected to incline and North America market is expected to dominate and projected to continue its dominance till 2027.
Driving factors for growth of the North America low density SLC NAND flash memory market include increasing government investments on expenditure of smart homes and deployment of smart meters for remote monitoring of power network lines, coupled with increasing adoption of low density SLC NAND flash memory in smart meters in countries in the region.
The market in Europe is expected to account for over 15% in 2017 in the global low density SLC NAND flash memory market. Increasing advancements in the global automotive sector and rising focus of manufacturers on providing high comfort and safety products is expected to drive adoption of low density SLC NAND flash memory in GPS trackers and head-up displays. This in turn is expected to support growth of the low density SLC NAND flash memory market in Europe.
The market in South America accounted for revenue share of over 3% in the global low density SLC NAND flash memory market in 2017, and was valued at US$ XX.X Mn. Rising number of smartphone users and digital devices, coupled with need for technologically advanced storage mediums are major factors expected to support growth of the market in the South America.
Market Segmentation of Global Low Density SLC NAND Flash Memory Market:
Segmentation by type:
- 8 GBits
- 4 Gbits
- 2 Gbits
- Others (1 Gbits, 5 Gbits, 512 MB)
Segmentation by application:
- Solid State Drives
- Mobile Phone
- Flash Memory Cards
- Other (Automobiles, Set Top Box, POS, Biometrics, Printers)
Segmentation by region /country:
- North America
- South America
- Middle East & Africa
- Rest of the World
- SK hynix, Inc.
- Winbond Electronics Corporation
- Toshiba Corporation
- GigaDevice Semiconductor (Beijing) Inc.
- ATO Solution Co., Ltd.
- Macronix International Co., Ltd.
- Powerchip Technology Corporation
- SMIC International Integrated Circuit Manufacturing Co., Ltd.
- Micron Technology, Inc.
- Cypress Semiconductor Corporation (Spansion Inc.)
- Samsung Electronics Co. Ltd.
1.0 Chapter 1
- 1.1 Preface
- 1.2 Assumptions
- 1.3 Abbreviations
- 2.1 Report Description
- 2.1.1 Market Definition and Scope
- 2.2 Executive Summary
- 2.2.1 Market Snapshot, By Type
- 2.2.3 Market Snapshot, By Application
- 2.2.4 Market Snapshot, By Region/Country
- 2.2.5 Prudour Opportunity Map Analysis
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