Embedded Non-Volatile Memory Market Size and Forecasts, Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Product and Application

List of Tables

The Embedded Non-Volatile Memory Market size is expected to reach US$ 3,732.95 million by 2030 from 729.05 million in 2022, at an estimated CAGR of 22.6% from 2022 to 2030.

The North America embedded non-volatile memory market is segmented into the US, Canada, and Mexico. As the adoption of consumer electronic devices is high, the consumer electronics industry is booming in the region. Smartphones, tablets, television sets, personal computers, washing machines, and other consumer electronics devices have found a wider consumer base in the region. Additionally, the rising adoption of 5G networks is creating a strong opportunity for the embedded non-volatile memory market players. According to Ericsson's mobility report, North America has the second-largest penetration of 5G devices after Asia Pacific. Several network providers have already rolled out 5G services focusing on mobile broadband and fixed wireless access. Further, the number of 5G subscriptions is expected to increase faster than that of 4G in the coming years. By 2026, the region is projected to hold the largest share of the total 5G subscriptions globally, accounting for 360 million subscriptions.

Automobile ownership is a widespread trend in North America. According to the International Council on Clean Transportation Report 2021, the US recorded ~330,000 new sales of electric vehicles in 2020, making it the third-largest electric vehicle market. As per the data published by the International Energy Agency (IEA), the demand for battery electric vehicles (BEV) in the US grew from 231 thousand units in 2020 to 466 thousand units in 2021; also, the demand for plug-in hybrid electric vehicles (PHEV) increased from 64 thousand units in 2020 to 165 thousand units in 2021. Thus, such growth prospects in the EV industry are increasing the deployment of embedded non-volatile memories.

More than 2 million EVs have been registered in the US, and the count is anticipated to reach 18.7 million by 2030. Moreover, electric companies are investing ~US$ 3 billion in the deployment of charging infrastructure, thus boosting electrically powered transportation. The advent of connected and autonomous cars in North America is propelling the growth of the embedded non-volatile memory market by creating the demand for microchips. The increasing adoption of electric, autonomous, and connected vehicles has surged the demand for advanced electronic devices. Advanced driver-assistance systems (ADAS), AI support, 5G antennas, and advanced processors use microchips and components. Moreover, the integration of devices is done using advanced packaging technology, which is driving technology adoption in the automotive sector. The evolution of on-board diagnostic (OBD) platforms equipped with microelectronics is accelerating the embedded non-volatile memory market growth with increased demand for embedded non-volatile memory chips.

Based on application, the Embedded Non-Volatile Memory market is segmented into consumer electronics, automotive, robotics, and others. The growing adoption of consumer electronics devices associated with rising consumer disposable income is fueling the demand for embedded non-volatile memory worldwide. Rising urban population, growing consumer spending capability, and decreasing prices of consumer electronics rapidly expand the industry growth across the world. The rising consumer demand for smart devices, including tablets, smartphones, laptops, smart TVs, and home appliances, is fueling the embedded non-volatile memory market growth. Advancements in compact smart wearables are further fueling the need for microelectronics. The emergence of smart electronic devices integrated with sensors, multiple processors, and other components is adding to the popularity of embedded non-volatile memory. Memory technology is playing a vital role in the development of electronics with low power requirements and a smaller form factor. Moreover, a surge in the adoption of IoT solutions among residential consumers, along with the development of smart cities, is expected to create profitable opportunities for the embedded non-volatile memory market players offering embedded non-volatile memory products to the consumer products segment. The rising demand for consumer electronics in countries such as the US, Germany, China, South Korea, Japan, India, and Canada is driving the global embedded non-volatile memory market.

Based on product, the Embedded Non-Volatile Memory market is segmented into eFlash, eE2PROM, FRAM, and others. eFlash is among the most widely used forms of memory in electronics. The technology is offered in nonremovable and removable forms along with a variety of capacities and specifications ranging from 0.5-micron (µm) to 40 nm. The memory also provides a number of flash IP options for meeting different product design requirements. There are three major grades in embedded flash: single-level cell (SLC), multi-level cell (MLC), and triple-level cell (TLC). The TLC is used in commercial applications such as smartphones and has the slowest operating speed and shorter lifespan. The MLC is used for industrial and commercial applications, is faster and more reliable, and has a longer life cycle than TLC. However, the SLC is considered an industrial-grade flash and is characterized by the longest lifespan, fastest operating speed, and highest data security level among all embedded flash grades. Increasing deployment of IoT and growing use of electronics in automobiles have increased the adoption of eFlash among manufacturers. eFlash is used by IoT devices to offer over-the-air (OTA) updates that make products smart, secure, and flexible, which increases the demand among consumers and drives the embedded non-volatile memory market.

Taiwan Semiconductor Manufacturing Company Limited, Globalfoundries Inc., Hua Hong Semiconductor Limited, Microchip Technology Inc., SMIC, Texas Instruments Incorporated., Tower Semiconductor, United Microelectronics Corporation, and Synopsys Inc. are among the key Embedded Non-Volatile Memory market players that are profiled in this market study.

The overall Embedded Non-Volatile Memory Market size has been derived using both primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the Embedded Non-Volatile Memory Market size. The process also helps obtain an overview and forecast of the embedded non-volatile memory market with respect to all the market segments. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights. This process includes industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the Embedded Non-Volatile Memory Market.

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Product Code: TIPRE00009586

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Embedded Non-Volatile Memory Market Landscape

4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
- 4.3.1 List of Vendors in Value Chain:

5. Embedded Non-Volatile Memory Market - Key Industry Dynamics

5.1 Drivers
- 5.1.1 Increase in Adoption of Consumer Electronics
- 5.1.2 Expansion of Automotive Industry
5.2 Restraints
- 5.2.1 Global Shortage of Semiconductor Chips
5.3 Opportunities
- 5.3.1 Increasing Demand in Low-Power IoT Modules
5.4 Trends
- 5.4.1 Growing Investment in Commercialization of Embedded Non-Volatile Memory
5.5 Impact of Drivers and Restraints:

6. Embedded Non-Volatile Memory Market - Global Market Analysis

6.1 Embedded Non-Volatile Memory Market Overview
6.2 Embedded Non-Volatile Memory Market Revenue (US$ Million), 2022 - 2030
6.3 Embedded Non-Volatile Memory Market Forecast and Analysis

7. Embedded Non-Volatile Memory Market Analysis - Product

7.1 eFlash
- 7.1.1 Overview
- 7.1.2 eFlash Market Revenue and Forecasts To 2030 (US$ Million)
7.2 eE2PROM
- 7.2.1 Overview
- 7.2.2 eE2PROM Market Revenue and Forecasts To 2030 (US$ Million)
7.3 FRAM
- 7.3.1 Overview
- 7.3.2 FRAM Market Revenue and Forecasts To 2030 (US$ Million)
7.4 Others
- 7.4.1 Overview
- 7.4.2 Others Market Revenue and Forecasts To 2030 (US$ Million)

8. Embedded Non-Volatile Memory Market Analysis - Application

8.1 Consumer Electronics
- 8.1.1 Overview
- 8.1.2 Consumer Electronics Market Revenue and Forecasts To 2030 (US$ Million)
8.2 Automotive
- 8.2.1 Overview
- 8.2.2 Automotive Market Revenue and Forecasts To 2030 (US$ Million)
8.3 Robotics
- 8.3.1 Overview
- 8.3.2 Robotics Market Revenue and Forecasts To 2030 (US$ Million)
8.4 Others
- 8.4.1 Overview
- 8.4.2 Others Market Revenue and Forecasts To 2030 (US$ Million)

9. Embedded Non-Volatile Memory Market - Geographical Analysis

9.1 North America
- 9.1.1 North America Embedded Non-Volatile Memory Market Overview
- 9.1.2 North America Embedded Non-Volatile Memory Market Revenue and Forecasts to 2030 (US$ Mn)
- 9.1.3 North America Embedded Non-Volatile Memory Market Breakdown by Product
  - 9.1.3.1 North America Embedded Non-Volatile Memory Market Revenue and Forecasts To 2030 (US$ Mn) - By Product
- 9.1.4 North America Embedded Non-Volatile Memory Market Breakdown by Application
  - 9.1.4.1 North America Embedded Non-Volatile Memory Market Revenue and Forecasts To 2030 (US$ Mn) - By Application
- 9.1.5 North America Embedded Non-Volatile Memory Market Revenue and Forecasts and Analysis - By Countries
  - 9.1.5.1 US Embedded Non-Volatile Memory Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.1.5.1.1 US Embedded Non-Volatile Memory Market Breakdown by Product
    - 9.1.5.1.2 US Embedded Non-Volatile Memory Market Breakdown by Application
  - 9.1.5.2 Canada Embedded Non-Volatile Memory Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.1.5.2.1 Canada Embedded Non-Volatile Memory Market Breakdown by Product
    - 9.1.5.2.2 Canada Embedded Non-Volatile Memory Market Breakdown by Application
  - 9.1.5.3 Mexico Embedded Non-Volatile Memory Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.1.5.3.1 Mexico Embedded Non-Volatile Memory Market Breakdown by Product
    - 9.1.5.3.2 Mexico Embedded Non-Volatile Memory Market Breakdown by Application
9.2 Europe
- 9.2.1 Europe Embedded Non-Volatile Memory Market Overview
- 9.2.2 Europe Embedded Non-Volatile Memory Market Revenue and Forecasts to 2030 (US$ Mn)
- 9.2.3 Europe Embedded Non-Volatile Memory Market Breakdown by Product
  - 9.2.3.1 Europe Embedded Non-Volatile Memory Market Revenue and Forecasts and Analysis - By Product
- 9.2.4 Europe Embedded Non-Volatile Memory Market Breakdown by Application
  - 9.2.4.1 Europe Embedded Non-Volatile Memory Market Revenue and Forecasts and Analysis - By Application
- 9.2.5 Europe Embedded Non-Volatile Memory Market Revenue and Forecasts and Analysis - By Countries
  - 9.2.5.1 Germany Embedded Non-Volatile Memory Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.2.5.1.1 Germany Embedded Non-Volatile Memory Market Breakdown by Product
    - 9.2.5.1.2 Germany Embedded Non-Volatile Memory Market Breakdown by Application
  - 9.2.5.2 France Embedded Non-Volatile Memory Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.2.5.2.1 France Embedded Non-Volatile Memory Market Breakdown by Product
    - 9.2.5.2.2 France Embedded Non-Volatile Memory Market Breakdown by Application
  - 9.2.5.3 UK Embedded Non-Volatile Memory Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.2.5.3.1 UK Embedded Non-Volatile Memory Market Breakdown by Product
    - 9.2.5.3.2 UK Embedded Non-Volatile Memory Market Breakdown by Application
  - 9.2.5.4 Italy Embedded Non-Volatile Memory Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.2.5.4.1 Italy Embedded Non-Volatile Memory Market Breakdown by Product
    - 9.2.5.4.2 Italy Embedded Non-Volatile Memory Market Breakdown by Application
  - 9.2.5.5 Russia Embedded Non-Volatile Memory Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.2.5.5.1 Russia Embedded Non-Volatile Memory Market Breakdown by Product
    - 9.2.5.5.2 Russia Embedded Non-Volatile Memory Market Breakdown by Application
  - 9.2.5.6 Rest of Europe Embedded Non-Volatile Memory Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.2.5.6.1 Rest of Europe Embedded Non-Volatile Memory Market Breakdown by Product
    - 9.2.5.6.2 Rest of Europe Embedded Non-Volatile Memory Market Breakdown by Application
9.3 Asia Pacific Embedded Non-Volatile Memory Market
- 9.3.1 Overview
- 9.3.2 Asia Pacific Embedded Non-Volatile Memory Market Revenue and Forecasts To 2030 (US$ Million)
- 9.3.3 Asia Pacific Embedded Non-Volatile Memory Market Breakdown by Product
  - 9.3.3.1 Asia Pacific Embedded Non-Volatile Memory Market Revenue and Forecasts and Analysis - By Product
- 9.3.4 Asia Pacific Embedded Non-Volatile Memory Market Breakdown by Application
  - 9.3.4.1 Asia Pacific Embedded Non-Volatile Memory Market Revenue and Forecasts and Analysis - By Application
- 9.3.5 Embedded Non-Volatile Memory Market Breakdown by Countries
  - 9.3.5.1 China Embedded Non-Volatile Memory Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.3.5.1.1 China Embedded Non-Volatile Memory Market Breakdown by Product
    - 9.3.5.1.2 China Embedded Non-Volatile Memory Market Breakdown by Application
  - 9.3.5.2 Japan Embedded Non-Volatile Memory Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.3.5.2.1 Japan Embedded Non-Volatile Memory Market Breakdown by Product
    - 9.3.5.2.2 Japan Embedded Non-Volatile Memory Market Breakdown by Application
  - 9.3.5.3 South Korea Embedded Non-Volatile Memory Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.3.5.3.1 South Korea Embedded Non-Volatile Memory Market Breakdown by Product
    - 9.3.5.3.2 South Korea Embedded Non-Volatile Memory Market Breakdown by Application
  - 9.3.5.4 India Embedded Non-Volatile Memory Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.3.5.4.1 India Embedded Non-Volatile Memory Market Breakdown by Product
    - 9.3.5.4.2 India Embedded Non-Volatile Memory Market Breakdown by Application
  - 9.3.5.5 Australia Embedded Non-Volatile Memory Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.3.5.5.1 Australia Embedded Non-Volatile Memory Market Breakdown by Product
    - 9.3.5.5.2 Australia Embedded Non-Volatile Memory Market Breakdown by Application
  - 9.3.5.6 Rest of Asia Pacific Embedded Non-Volatile Memory Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.3.5.6.1 Rest of Asia Pacific Embedded Non-Volatile Memory Market Breakdown by Product
    - 9.3.5.6.2 Rest of Asia Pacific Embedded Non-Volatile Memory Market Breakdown by Application
9.4 Middle East & Africa
- 9.4.1 Middle East & Africa Embedded Non-Volatile Memory Market Overview
- 9.4.2 Middle East & Africa Embedded Non-Volatile Memory Market Revenue and Forecasts to 2030 (US$ Million)
- 9.4.3 Middle East & Africa Embedded Non-Volatile Memory Market Breakdown by Product
  - 9.4.3.1 Middle East & Africa Embedded Non-Volatile Memory Market and Forecasts and Analysis - By Product
- 9.4.4 Middle East & Africa Embedded Non-Volatile Memory Market Breakdown by Application
  - 9.4.4.1 Middle East & Africa Embedded Non-Volatile Memory Market and Forecasts and Analysis - By Application
- 9.4.5 Middle East & Africa Embedded Non-Volatile Memory Market Revenue and Forecasts and Analysis - By Countries
  - 9.4.5.1 UAE Embedded Non-Volatile Memory Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.4.5.1.1 UAE Embedded Non-Volatile Memory Market Breakdown by Product
    - 9.4.5.1.2 UAE Embedded Non-Volatile Memory Market Breakdown by Application
  - 9.4.5.2 Saudi Arabia Embedded Non-Volatile Memory Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.4.5.2.1 Saudi Arabia Embedded Non-Volatile Memory Market Breakdown by Product
    - 9.4.5.2.2 Saudi Arabia Embedded Non-Volatile Memory Market Breakdown by Application
  - 9.4.5.3 South Africa Embedded Non-Volatile Memory Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.4.5.3.1 South Africa Embedded Non-Volatile Memory Market Breakdown by Product
    - 9.4.5.3.2 South Africa Embedded Non-Volatile Memory Market Breakdown by Application
  - 9.4.5.4 Rest of Middle East & Africa Embedded Non-Volatile Memory Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.4.5.4.1 Rest of Middle East & Africa Embedded Non-Volatile Memory Market Breakdown by Product
    - 9.4.5.4.2 Rest of Middle East & Africa Embedded Non-Volatile Memory Market Breakdown by Application
9.5 South & Central America
- 9.5.1 South & Central America Embedded Non-Volatile Memory Market Overview
- 9.5.2 South & Central America Embedded Non-Volatile Memory Market Revenue and Forecasts to 2030 (US$ Million)
- 9.5.3 South & Central America Embedded Non-Volatile Memory Market Breakdown by Product
  - 9.5.3.1 South & Central America Embedded Non-Volatile Memory Market and Forecasts and Analysis - By Product
- 9.5.4 South & Central America Embedded Non-Volatile Memory Market Breakdown by Application
  - 9.5.4.1 South & Central America Embedded Non-Volatile Memory Market Revenue and Forecasts and Analysis - By Application
- 9.5.5 South & Central America Embedded Non-Volatile Memory Market Revenue and Forecasts and Analysis - By Countries
  - 9.5.5.1 Brazil Embedded Non-Volatile Memory Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.5.5.1.1 Brazil Embedded Non-Volatile Memory Market Breakdown by Product
    - 9.5.5.1.2 Brazil Embedded Non-Volatile Memory Market Breakdown by Application
  - 9.5.5.2 Argentina Embedded Non-Volatile Memory Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.5.5.2.1 Argentina Embedded Non-Volatile Memory Market Breakdown by Product
    - 9.5.5.2.2 Argentina Embedded Non-Volatile Memory Market Breakdown by Application
  - 9.5.5.3 Rest of South & Central America Embedded Non-Volatile Memory Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.5.5.3.1 Rest of South & Central America Embedded Non-Volatile Memory Market Breakdown by Product
    - 9.5.5.3.2 Rest of South & Central America Embedded Non-Volatile Memory Market Breakdown by Application

10. Embedded Non-Volatile Memory Market - Impact of COVID-19 Pandemic

10.1 Pre & Post Covid-19 Impact

11. Competitive Landscape

11.1 Heat Map Analysis By Key Players
11.2 Company Positioning & Concentration

12. Industry Landscape

12.1 Overview
12.2 Market Initiative
12.3 New Product Development
12.4 Merger and Acquisition

13. Company Profiles

13.1 Microchip Technology Inc
- 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 Tower Semiconductor
- 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 Globalfoundries 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 eMemory Technology Inc.
- 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 Texas Instruments 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 Hua Hong Semiconductor Limited
- 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 Taiwan Semiconductor Manufacturing Co Ltd
- 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 United Microelectronics Corp
- 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
13.9 Semiconductor Manufacturing International Corp
- 13.9.1 Key Facts
- 13.9.2 Business Description
- 13.9.3 Products and Services
- 13.9.4 Financial Overview
- 13.9.5 SWOT Analysis
- 13.9.6 Key Developments
13.10 Synopsys Inc
- 13.10.1 Key Facts
- 13.10.2 Business Description
- 13.10.3 Products and Services
- 13.10.4 Financial Overview
- 13.10.5 SWOT Analysis
- 13.10.6 Key Developments

14. Appendix

14.1 Word Index