Global NOR Flash Market Growth 2023-2029

Global NOR Flash Market Growth 2023-2029

NOR flash memory is a non-volatile storage technology. Its main differentiating factor over NOR Flash memory is that it can perform without the need for any external power source. Machine instructions can be run directly from the chip and also retrieved using NOR flash memory. It contains several address pins that provide access to every byte of information available in the chip. NOR flash memory is not only faster but also more expensive compared to NOR Flash. NOR flash memory is most often deployed in cellphones.

This report mainly covers the NOR Flash product type, while we can also offer any product survey report related to the NOR Flash industry chain.

LPI (LP Information)' newest research report, the “NOR Flash Industry Forecast” looks at past sales and reviews total world NOR Flash sales in 2022, providing a comprehensive analysis by region and market sector of projected NOR Flash sales for 2023 through 2029. With NOR Flash sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world NOR Flash industry.

This Insight Report provides a comprehensive analysis of the global NOR Flash landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on NOR Flash portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global NOR Flash market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for NOR Flash and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global NOR Flash.

The global NOR Flash market size is projected to grow from US$ 3228.5 million in 2022 to US$ 3299.5 million in 2029; it is expected to grow at a CAGR of 3299.5 from 2023 to 2029.

The global NOR Flash industry mainly concentrates in China, Japan and Europe. The global leading players in this market are Cypress, Samsung, Winbond, Micron, Macronix, ISSI, Eon, Microchip and GigaDevice, etc, with about 90% market shares.

China's sales accounted for the highest market share (29%) , followed by Japan.

This report presents a comprehensive overview, market shares, and growth opportunities of NOR Flash market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Serial NOR Flash

Parallel NOR Flash

Segmentation by application

Telecommunication

Networking

Industrial

Automotive

Smart Grid Space

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Cypress

Samsung

Winbond

Micron

Macronix

ISSI

Eon

Microchip

GigaDevice

Key Questions Addressed in this Report

What is the 10-year outlook for the global NOR Flash market?

What factors are driving NOR Flash market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do NOR Flash market opportunities vary by end market size?

How does NOR Flash break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.