Asia Pacific SLC NAND Flash Memory Market to Register Substantial Expansion by 2027

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The rising need for advanced features, increasing penetration of IoT technology, and the emergence of data-centric applications in numerous industry verticals are the major factors propelling the growth of the SLC NAND flash memory market. Moreover, the emergence of autonomous cars is anticipated to boost the SLC NAND flash memory market growth in the near future. The Asia Pacific includes countries including India, China, Japan, South Korea, Taiwan, and Rest of Asia Pacific.

The Asia Pacific SLC NAND Flash Memory market is growing along with the Electronics and Semiconductor industry, but the market is likely to slow down its growth due to the shortage of skilled professionals, suggests the Business Market Insights report.

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China dominated the SLC NAND flash memory market in 2018 and is expected to dominate the market with the highest share in the Asia Pacific region through the forecast period. China is the major market for many of the industry verticals for its manufacturing plants. The country’s automotive sector is the world’s largest sector, in which 50% of the worlds automotive are produced in China. Also, the Chinese government is investing significant amounts towards the development of Electric Vehicles. The country witnesses the presence of huge electric vehicles manufacturers at a global scale, which also contributes towards the growth of SLC NAND flash memory products. Also, the semiconductor companies of China has prolonged their operations from non-memory to memory business along with government support.

These factors are expected to offer broad growth opportunities in the Electronics and Semiconductor industry and this is expected to cause the demand for Asia Pacific SLC NAND Flash Memory in the market.

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Asia Pacific SLC NAND Flash Memory Market – MARKET SEGMENTATION

By Type

  • Serial
  • Parallel

By Application

  • Automotive
  • Industrial
  • Communication
  • Computers & IT
  • Consumer Electronics
  • Others

By Density

  • 1 Gb
  • 2 Gb
  • 4 Gb
  • 8 Gb
  • Above 8 Gb

By Country

  • China
  • India
  • Japan
  • South Korea
  • Taiwan
  • Rest of APAC

SLC NAND flash memory Market – Companies Mentioned

  • Cypress Semiconductor Corporation
  • Intel Corporation
  • Kingston Technology Company, Inc.
  • Microchip Technology Inc.
  • Micron Technology, Inc.
  • Samsung Electronics Co Ltd.
  • SK Hynix Semiconductor Inc.
  • Toshiba Corporation
  • Western Digital Corporation
  • Winbond Electronics Corporation
  • Fudan Microelectronics

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