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. 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%.
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.
Global Low Density SLC NAND Flash Memory Market: Segmental Snapshot
The market report has been segmented on the basis of type, application, and region. The type segment includes 8 GBits, 4 GBits, 2 GBits, and others. The application segment includes solid state drives, mobile phone, flash memory cards, and others. The regions/countries covered in the analysis includes North America, Europe, China, India, Japan, South America, Middle East & Africa, and Rest of the World.
By Type: The 8 GBits segment accounted for highest revenue share contribution as compared to other type segments, and is expected to register a CAGR of over -3% between 2018 and 2027
By Application: The solid state drives segment is projected to account for highest revenue share as compared to that of other application segments, and register a CAGR of over -3.1% over the forecast period
By Region/Country: The market in China accounted for highest revenue share in the global low density SLC NAND flash memory market in 2017. The market in Rest of the World is expected to register a CAGR of over -3.1% over the forecast period.
Global Low Density SLC NAND Flash Memory Market: Competitive Analysis
The research report on the global low density SLC NAND flash memory market include profiles of some of major companies such as 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.), and Samsung Electronics Co. Ltd.
The Global Low Density SLC NAND Flash Memory Market: Global Industry, Size, Share, Growth, Trends, and Forecast, 2018–2027 report has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the present scenario and the growth prospects of the global low density SLC NAND flash memory market for 2018–2027.
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