China Spintronics Market to be dominated by Automotive Industry till 2027 - Industry Statistics
Increasing demand for MRAMs and the high demand from the consumer electronics industry is expected to drive the demand for China spintronics market over the forecast period, 2023-2027. According to TechSci Research report, “ China Spintronics Market By Device Type (Semiconductor Based Spintronics, Metallic Based Spintronics, Alloy Based Spintronics), By Application (Magnetic Sensors, Hard Disks and Magnetic Random Access Memory, Electric Vehicles, Quantum Computing, RF and Microwave Devices, Others), By End User (Automotive, Industrial, Consumer Electronics, Healthcare, IT and Telecom), By Region, Competition Forecast & Opportunities, 2027 ” , the China spintronics market is expected to witness steady growth in the forecast period, 2023-2027. The market is driven by the factors such as the high demand for semiconductor devices and the introduction of energy-efficient devices and memory storage devices. Spintronics eliminates the use of the need for specialized mate...