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DRAM Market Share

ID: MRFR//0472-CR | 115 Pages | Author: Aarti Dhapte| February 2020

DRAM Market Share Analysis

The automotive sector is experiencing a surge in demand, thanks to the speedy progress in mobile communications and the increasing importance of computing technology. These advancements have given rise to improved in-vehicle graphics display units that include virtual cockpits, 3D navigation maps, and vehicle infotainment systems. To meet the growing need for advanced memory solutions in the automotive industry, Dynamic Random Access Memory (DRAM) solutions have become crucial. DRAM not only delivers high performance but also offers energy efficiency and can withstand high temperatures, making it suitable for various automotive applications.

The increasing demand for DRAM solutions from companies in the automotive market is expected to be a driving force for the overall DRAM market in the coming forecast period. To keep up with this rising demand, major players like Samsung Electronics and SK Hynix are expanding their product offerings. They are developing premium DRAM solutions designed specifically for the automotive sector, targeting applications such as advanced driver assistance systems, the central controller of self-driving cars, infotainment systems, and gateway devices.

In response to this trend, other players in the market are likely to adopt similar strategies to enhance their product portfolios for automotive-based DRAM. This means more companies will focus on developing and offering DRAM solutions tailored for use in automobiles. The expansion of product portfolios in the automobile-based DRAM sector is anticipated to be a common approach among market players as they strive to meet the growing demands of the automotive industry.

In summary, the automotive sector is witnessing a growing demand for advanced technologies, particularly in the realm of in-vehicle graphics and memory solutions. DRAM, known for its high performance, energy efficiency, and resilience to high temperatures, has become a key player in meeting the memory solution needs of the automotive industry. This demand is expected to propel the DRAM market forward, with major companies like Samsung Electronics and SK Hynix actively expanding their product portfolios to cater to specific automotive applications. Other market players are likely to follow suit, adopting similar strategies to broaden their range of DRAM solutions tailored for automobiles.

Covered Aspects:
Report Attribute/Metric Details
Base Year For Estimation 2021
Historical Data 2018-2020
Forecast Period 2022-2030
Growth Rate 11.7% (2022-2030)
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