NOR Flash Memory Market Forecasts to 2028 – Global Analysis By Type (Parallel NOR Flash and Serial NOR Flash), By Application (Automotive, Consumer Electronics, Communication and Others) and Geography

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $4,150	175 Pages	Stratistics Market Research Consulting	October, 2022	SMR17479453

Best Price Guarantee
Price	from $4,150
Length	175 Pages
Publisher	Stratistics Market Research Consulting
Published Date	October, 2022
SKU	SMR17479453

NOR Flash Memory Market Forecasts to 2028 – Global Analysis By Type (Parallel NOR Flash and Serial NOR Flash), By Application (Automotive, Consumer Electronics, Communication and Others) and Geography

According to Stratistics MRC, the Global District Heating Market is accounted for $193.92 billion in 2022 and is expected to reach $278.20 billion by 2028 growing at a CAGR of 6.2% during the forecast period. District heating is an efficient method of transferring heat generated at a centralised location to multiple buildings such as offices, residences, and factories via a network of insulated pipes. The heat is used for a variety of household and commercial heating systems, including water heating and room or floor heating. Geothermal heating, central solar heating, and heat recovery from nuclear power plants are the typical methods used to generate heat. District heating is extremely energy efficient, and its flexibility allows for the substitution of environmentally acceptable alternatives.

According to IEA, Renewables are already being integrated into the district heating generation and made up 8% of energy inputs for district heat production in 2020. The share of renewables and electricity together should quadruple by 2030.

Market Dynamics:

Driver:

Increasing demand for energy-efficient and cost-effective heating systems

Multiple heat sources can be conveniently used in district heating; for example, natural gas can be used at one central place to meet heating requirements in various houses instead of requiring individual heating systems. Among the different sources, district heating firms may select the one that produces heat for the least amount of money. As a result, district heating solutions provide consumers with affordable and effective heating services, which in turn stimulates the expansion of the aforementioned industry. This improves production and supply efficiency.

Restraint:

High infrastructure cost

The investment required for a heat generation unit varies depending on its kind; for boilers and renewable heat sources, a large investment is necessary, but heat sourced from excess heat from industries and data centres requires a smaller investment. District heating pipe systems are very important and need significant investment since high-quality pipes are required to prevent heat loss. Apart from the costly investment, district heating solution suppliers are hesitant to spend because environmental regulations are constantly changing, which restrains the market's expansion.

Opportunity:

Technological advancements and digitalization

As new buildings require heating systems, advanced infrastructure developments such as smart cities and planned projects create considerable prospects for district heating solution providers. Large heating transfer surfaces and the ability to install modern district heating systems are features of new infrastructure. Synergies in heating networks can also be utilised by advanced district heating systems to boost performance, dependability, and cost effectiveness. Therefore, it is anticipated that technological developments in the district heating industry would significantly increase the potential for solution suppliers.

Threat:

Need for robust transportation equipment

The major components of a district heating system are the equipment for producing and distributing heat. The difficulty for district heating solution suppliers is getting heat from the source to the final users with little to no heat loss. Heat loss will occur if the heat pipes used to transmit the heat are not adequately insulated and durable. District heating loses money and heat when heat is lost through distribution pipes, which is not a cost-effective solution. To limit or prevent heat loss during heat distribution, powerful heat exchangers and smart metres are therefore needed. Hence, the need for robust equipment for carrying heat poses a challenge for the growth of the district heating market.

Covid-19 Impact

The global power sector has been significantly impacted by the COVID-19 situation. Several nations have enacted nationwide lockdowns during the COVID-19 pandemic to stop the spread of the fatal virus, which has disrupted several operations like building, the installation of turbines, new infrastructure development, and other things. Government agencies and private businesses concerned about the development of heating networks were forced to postpone a number of district heating projects as a result of the workforce's inability to complete the work within the required timeframe and the disruptions in supply chains caused by travel bans enacted in various states and countries.

The renewable segment is expected to be the largest during the forecast period

The renewable segment is estimated to have a lucrative growth, due to higher potency and negligible carbon emissions. As public concern for environmental safety grows, power utilities are switching from using fossil fuels to clean energy to boost their capacity for power production. Also, the government has implemented tough rules for emissions and pollutants. As a result, there will be more renewable heat producing systems installed globally.

The Combined Heat & Power (CHP) segment is expected to have the highest CAGR during the forecast period

The Combined Heat & Power (CHP) segment is anticipated to witness the fastest CAGR growth during the forecast period, due to its high sustainability, high efficiency, and cost-effective nature. CHP systems alter the production of heat for the heating systems as well as power. The rising need for electricity around the world is another element driving this segment's expansion. Additionally, CHP systems reduce costs since they minimise distribution and transmission losses and are more efficient than standard boilers.

Region with highest share:

Asia Pacific is projected to hold the largest market share during the forecast period owing to the increasing urbanization and rising demand for energy-efficient & cost-effective heating solutions in this region. The business trends will be boosted by a changing trend toward the use of decentralised systems in many commercial and industrial facilities as well as expanding efforts to use DH systems that are energy-efficient. The region will benefit from increased investments in the implementation of sustainable technologies as well as continuous government initiatives to decarbonize the heating sector with renewable integration. The demand for DH systems will also increase as a result of ongoing government initiatives and plans for the urban development process.

Region with highest CAGR:

Europe is projected to have the highest CAGR over the forecast period, as the region has low-temperature conditions for most of the year. Europe is made up of huge industries and power plants where waste heat is created. This heat is used to meet all heating needs in the area. Due to the inclement weather, waste heat from these facilities is increasingly used for heating as the installation of renewable energy sources grows. This fuels market expansion in Europe over the course of the projection period.

Key players in the market

Some of the key players profiled in the District Heating Market include Alfa Laval AB, Danfoss Group, Engie SA, Fortum, Kelag, NRG Energy Inc., Logstor, Shinryo Corporation, Statkraft, Vattenfall AB, Vital Energi

Key Developments:

In January 2022, Vattenfall and Cloud & Heat Technologies collaborated to supply fossil-free, reliable high-speed computing capacity through a cooperative sustainable data center pilot project. The data center is outside Stockholm and is equipped with high-end servers for AI and high-performance computing applications. It is designed to provide high performance, security, and direct utilization of excess heat in the nearby district heating plant process for maximum sustainability.

In March 2020, Fortum acquired Uniper SE for more than US$ 7 Bn. Through this acquisition, Fortum would be able to expand its bases across Europe.

In February 2020, Deutsche Telekom and Vattenfall AB signed an energy supply contract that is based on solar power for ten years. The electricity will come from a new 60 MW solar park, which will be built in 2021 in Mecklenburg-Western Pomerania.

In May 2018, Fortum partnered with Fluxio and Solteq to develop energy-saving techniques. The partnership will help to quickly switch to carbon neutral district heating solution.

In March 2018, Vattenfall installed new smart heat meters for district heating system in Berlin. The new smart meters have precise control that helps in optimum utilization of fuel to reduce CO2 emission.

In April 2018, Engie partnered with Axium Infrastructure (Canada) to provide district heating services for 6 Harvard-affiliated medical institutions in the US.

In June 2018, Danfoss acquires additional shares of Leanheat (Finland) to strengthen its position within building energy optimization and management.

In June 2018, Cypress Creek Renewables and NRG Energy partnered to provide renewable energy to commercial and industrial customers in Texas. With this partnership, Cypress Creek will develop and operate 25 megawatts of solar projects.

Heat Sources Covered:
• Coal
• Renewable
• Oil & Petroleum
• Natural Gas
• Other Heat Sources

Plant Types Covered:
• Boiler
• Heat Meter
• Heat Exchangers
• Combined Heat & Power (CHP)
• Other Plant Types

Applications Covered:
• Residential
• Commercial
• Industrial

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

1 Executive Summary
2 Preface: 2.1 Abstract; 2.2 Stake Holders; 2.3 Research Scope; 2.4 Research Methodology; 2.4.1 Data Mining; 2.4.2 Data Analysis; 2.4.3 Data Validation; 2.4.4 Research Approach; 2.5 Research Sources; 2.5.1 Primary Research Sources; 2.5.2 Secondary Research Sources; 2.5.3 Assumptions
3 Market Trend Analysis: 3.1 Introduction; 3.2 Drivers; 3.3 Restraints; 3.4 Opportunities; 3.5 Threats; 3.6 Application Analysis; 3.7 Emerging Markets; 3.8 Impact of Covid-19
4 Porters Five Force Analysis: 4.1 Bargaining power of suppliers; 4.2 Bargaining power of buyers; 4.3 Threat of substitutes; 4.4 Threat of new entrants; 4.5 Competitive rivalry
5 Global NOR Flash Memory Market, By Type: 5.1 Introduction; 5.2 Parallel NOR Flash; 5.3 Serial NOR Flash
6 Global NOR Flash Memory Market, By Density: 6.1 Introduction; 6.2 Less than 250 Mb; 6.3 Mb - 1 Gb; 6.4 More than 1 Gb
7 Global NOR Flash Memory Market, By Application: 7.1 Introduction; 7.2 Automotive; 7.3 Consumer Electronics; 7.4 Communication; 7.5 Manufacturing; 7.6 Other Applications
8 Global NOR Flash Memory Market, By Geography: 8.1 Introduction; 8.2 North America; 8.2.1 US; 8.2.2 Canada; 8.2.3 Mexico; 8.3 Europe; 8.3.1 Germany; 8.3.2 UK; 8.3.3 Italy; 8.3.4 France; 8.3.5 Spain; 8.3.6 Rest of Europe; 8.4 Asia Pacific; 8.4.1 Japan; 8.4.2 China; 8.4.3 India; 8.4.4 Australia; 8.4.5 New Zealand; 8.4.6 South Korea; 8.4.7 Rest of Asia Pacific; 8.5 South America; 8.5.1 Argentina; 8.5.2 Brazil; 8.5.3 Chile; 8.5.4 Rest of South America; 8.6 Middle East & Africa; 8.6.1 Saudi Arabia; 8.6.2 UAE; 8.6.3 Qatar; 8.6.4 South Africa; 8.6.5 Rest of Middle East & Africa
9 Key Developments: 9.1 Agreements, Partnerships, Collaborations and Joint Ventures; 9.2 Acquisitions & Mergers; 9.3 New Product Launch; 9.4 Expansions; 9.5 Other Key Strategies
10 Company Profiling: 10.1 Samsung; 10.2 ISSI; 10.3 Eon; 10.4 Microchip Technologies, Inc.; 10.5 Macronix International Co., Ltd; 10.6 JSC; 10.7 Elite Semiconductor Microelectronics Technology Inc.; 10.8 Dialog Semiconductor; 10.9 GigaDevice; 10.10 Cypress Semiconductor Corporation; 10.11 Integrated Silicon Solution Inc.; 10.12 Micron Technology, Inc.; 10.13 Winbond Electronics Corporation
List of Tables: Table 1 Global NOR Flash Memory Market Outlook, By Region (2020-2028) ($MN); Table 2 Global NOR Flash Memory Market Outlook, By Type (2020-2028) ($MN); Table 3 Global NOR Flash Memory Market Outlook, By Parallel NOR Flash (2020-2028) ($MN); Table 4 Global NOR Flash Memory Market Outlook, By Serial NOR Flash (2020-2028) ($MN); Table 5 Global NOR Flash Memory Market Outlook, By Density (2020-2028) ($MN); Table 6 Global NOR Flash Memory Market Outlook, By Less than 250 Mb (2020-2028) ($MN); Table 7 Global NOR Flash Memory Market Outlook, By Mb - 1 Gb (2020-2028) ($MN); Table 8 Global NOR Flash Memory Market Outlook, By More than 1 Gb (2020-2028) ($MN); Table 9 Global NOR Flash Memory Market Outlook, By Application (2020-2028) ($MN); Table 10 Global NOR Flash Memory Market Outlook, By Automotive (2020-2028) ($MN); Table 11 Global NOR Flash Memory Market Outlook, By Consumer Electronics (2020-2028) ($MN); Table 12 Global NOR Flash Memory Market Outlook, By Communication (2020-2028) ($MN); Table 13 Global NOR Flash Memory Market Outlook, By Manufacturing (2020-2028) ($MN); Table 14 Global NOR Flash Memory Market Outlook, By Other Applications (2020-2028) ($MN); Table 15 North America NOR Flash Memory Market Outlook, By Country (2020-2028) ($MN); Table 16 North America NOR Flash Memory Market Outlook, By Type (2020-2028) ($MN); Table 17 North America NOR Flash Memory Market Outlook, By Parallel NOR Flash (2020-2028) ($MN); Table 18 North America NOR Flash Memory Market Outlook, By Serial NOR Flash (2020-2028) ($MN); Table 19 North America NOR Flash Memory Market Outlook, By Density (2020-2028) ($MN); Table 20 North America NOR Flash Memory Market Outlook, By Less than 250 Mb (2020-2028) ($MN); Table 21 North America NOR Flash Memory Market Outlook, By Mb - 1 Gb (2020-2028) ($MN); Table 22 North America NOR Flash Memory Market Outlook, By More than 1 Gb (2020-2028) ($MN); Table 23 North America NOR Flash Memory Market Outlook, By Application (2020-2028) ($MN); Table 24 North America NOR Flash Memory Market Outlook, By Automotive (2020-2028) ($MN); Table 25 North America NOR Flash Memory Market Outlook, By Consumer Electronics (2020-2028) ($MN); Table 26 North America NOR Flash Memory Market Outlook, By Communication (2020-2028) ($MN); Table 27 North America NOR Flash Memory Market Outlook, By Manufacturing (2020-2028) ($MN); Table 28 North America NOR Flash Memory Market Outlook, By Other Applications (2020-2028) ($MN); Table 29 Europe NOR Flash Memory Market Outlook, By Country (2020-2028) ($MN); Table 30 Europe NOR Flash Memory Market Outlook, By Type (2020-2028) ($MN); Table 31 Europe NOR Flash Memory Market Outlook, By Parallel NOR Flash (2020-2028) ($MN); Table 32 Europe NOR Flash Memory Market Outlook, By Serial NOR Flash (2020-2028) ($MN); Table 33 Europe NOR Flash Memory Market Outlook, By Density (2020-2028) ($MN); Table 34 Europe NOR Flash Memory Market Outlook, By Less than 250 Mb (2020-2028) ($MN); Table 35 Europe NOR Flash Memory Market Outlook, By Mb - 1 Gb (2020-2028) ($MN); Table 36 Europe NOR Flash Memory Market Outlook, By More than 1 Gb (2020-2028) ($MN); Table 37 Europe NOR Flash Memory Market Outlook, By Application (2020-2028) ($MN); Table 38 Europe NOR Flash Memory Market Outlook, By Automotive (2020-2028) ($MN); Table 39 Europe NOR Flash Memory Market Outlook, By Consumer Electronics (2020-2028) ($MN); Table 40 Europe NOR Flash Memory Market Outlook, By Communication (2020-2028) ($MN); Table 41 Europe NOR Flash Memory Market Outlook, By Manufacturing (2020-2028) ($MN); Table 42 Europe NOR Flash Memory Market Outlook, By Other Applications (2020-2028) ($MN); Table 43 Asia Pacific NOR Flash Memory Market Outlook, By Country (2020-2028) ($MN); Table 44 Asia Pacific NOR Flash Memory Market Outlook, By Type (2020-2028) ($MN); Table 45 Asia Pacific NOR Flash Memory Market Outlook, By Parallel NOR Flash (2020-2028) ($MN); Table 46 Asia Pacific NOR Flash Memory Market Outlook, By Serial NOR Flash (2020-2028) ($MN); Table 47 Asia Pacific NOR Flash Memory Market Outlook, By Density (2020-2028) ($MN); Table 48 Asia Pacific NOR Flash Memory Market Outlook, By Less than 250 Mb (2020-2028) ($MN); Table 49 Asia Pacific NOR Flash Memory Market Outlook, By Mb - 1 Gb (2020-2028) ($MN); Table 50 Asia Pacific NOR Flash Memory Market Outlook, By More than 1 Gb (2020-2028) ($MN); Table 51 Asia Pacific NOR Flash Memory Market Outlook, By Application (2020-2028) ($MN); Table 52 Asia Pacific NOR Flash Memory Market Outlook, By Automotive (2020-2028) ($MN); Table 53 Asia Pacific NOR Flash Memory Market Outlook, By Consumer Electronics (2020-2028) ($MN); Table 54 Asia Pacific NOR Flash Memory Market Outlook, By Communication (2020-2028) ($MN); Table 55 Asia Pacific NOR Flash Memory Market Outlook, By Manufacturing (2020-2028) ($MN); Table 56 Asia Pacific NOR Flash Memory Market Outlook, By Other Applications (2020-2028) ($MN); Table 57 South America NOR Flash Memory Market Outlook, By Country (2020-2028) ($MN); Table 58 South America NOR Flash Memory Market Outlook, By Type (2020-2028) ($MN); Table 59 South America NOR Flash Memory Market Outlook, By Parallel NOR Flash (2020-2028) ($MN); Table 60 South America NOR Flash Memory Market Outlook, By Serial NOR Flash (2020-2028) ($MN); Table 61 South America NOR Flash Memory Market Outlook, By Density (2020-2028) ($MN); Table 62 South America NOR Flash Memory Market Outlook, By Less than 250 Mb (2020-2028) ($MN); Table 63 South America NOR Flash Memory Market Outlook, By Mb - 1 Gb (2020-2028) ($MN); Table 64 South America NOR Flash Memory Market Outlook, By More than 1 Gb (2020-2028) ($MN); Table 65 South America NOR Flash Memory Market Outlook, By Application (2020-2028) ($MN); Table 66 South America NOR Flash Memory Market Outlook, By Automotive (2020-2028) ($MN); Table 67 South America NOR Flash Memory Market Outlook, By Consumer Electronics (2020-2028) ($MN); Table 68 South America NOR Flash Memory Market Outlook, By Communication (2020-2028) ($MN); Table 69 South America NOR Flash Memory Market Outlook, By Manufacturing (2020-2028) ($MN); Table 70 South America NOR Flash Memory Market Outlook, By Other Applications (2020-2028) ($MN); Table 71 Middle East & Africa NOR Flash Memory Market Outlook, By Country (2020-2028) ($MN); Table 72 Middle East & Africa NOR Flash Memory Market Outlook, By Type (2020-2028) ($MN); Table 73 Middle East & Africa NOR Flash Memory Market Outlook, By Parallel NOR Flash (2020-2028) ($MN); Table 74 Middle East & Africa NOR Flash Memory Market Outlook, By Serial NOR Flash (2020-2028) ($MN); Table 75 Middle East & Africa NOR Flash Memory Market Outlook, By Density (2020-2028) ($MN); Table 76 Middle East & Africa NOR Flash Memory Market Outlook, By Less than 250 Mb (2020-2028) ($MN); Table 77 Middle East & Africa NOR Flash Memory Market Outlook, By Mb - 1 Gb (2020-2028) ($MN); Table 78 Middle East & Africa NOR Flash Memory Market Outlook, By More than 1 Gb (2020-2028) ($MN); Table 79 Middle East & Africa NOR Flash Memory Market Outlook, By Application (2020-2028) ($MN); Table 80 Middle East & Africa NOR Flash Memory Market Outlook, By Automotive (2020-2028) ($MN); Table 81 Middle East & Africa NOR Flash Memory Market Outlook, By Consumer Electronics (2020-2028) ($MN); Table 82 Middle East & Africa NOR Flash Memory Market Outlook, By Communication (2020-2028) ($MN); Table 83 Middle East & Africa NOR Flash Memory Market Outlook, By Manufacturing (2020-2028) ($MN); Table 84 Middle East & Africa NOR Flash Memory Market Outlook, By Other Applications (2020-2028) ($MN)