Nano-Magnetic Devices Market Share

Statistics for the 2023 & 2024 Nano-Magnetic Devices market share, created by Mordor Intelligence™ Industry Reports. Nano-Magnetic Devices share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Nano-Magnetic Devices Industry

The nano-magnetic devices market is moderately competitive and comprises a significant number of regional and global players. These players account for a considerable share in the market and focusing on expanding their customer base across the globe. These vendors are focusing on the research and development investment in introducing new products & solutions, strategic alliances, and other organic & inorganic growth strategies to earn a competitive edge during the forecast period.

  • In February 2020, Allegro MicroSystems, a significant player in power and sensing solutions, announced the launch of the back-biased GMR transmission speed and direction sensor, which is one type of nano-magnetic sensor product. The newly developed sensor product can reduce the system complexity and cost, resulting in improved fuel economy.
  • In February 2020, Everspin Technologies Inc. announced the release of STT-Magnetoresistive RAM, specially designed for Industrial applications. The newly launched product helps to increase the reliability and performance of industrial systems where data persistence is critical.

Nano-Magnetic Devices Market Leaders

  1. IBM Corporation

  2. Fujitsu Limited

  3. Nanomagnetics Instruments

  4. Hitachi Metals America Limited

  5. Honeywell International Inc.

*Disclaimer: Major Players sorted in no particular order

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Nano-Magnetic Devices Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)