Market Overview

Spintronics is the technological field that exploits both the nature of the electric charge that an electron has (electric property) and the spin (magnetic property). Through those materials and devices that exploit new physical phenomena obtained by controlling both electric and magnetic properties that spintronic materials have, innovative generation such as in electronics, magnetics, photonics is expected in the electronics and telecommunications industries.
While conventional electronic devices use electrical charges to carry information, spintronic devices use the direction of an electron's spins to carry and process information. Because spintronic devices are highspeed, yet low power, they are expected to make a remarkable contribution to the future of information technologies, which currently suffer from increasing energy consumption.  

Noteworthy Topics

Background of Spintronic-Based Memory Development

Currently, dynamic random access memory (DRAM), static random access memory (SRAM), flash memory, etc. are used as read/write memories for personal computers and smartphones. In the future when digital home appliances and other various IoT devices are connected to the network, universal memories are expected to emerge that have all the advantages of the above-mentioned memories.
As the microminiaturized manufacturing methods of conventional memories such as DRAMs reach their limits, the development of next-generation memories has also been accelerated in terms of manufacturing methods.

Magnetoresistive Random Access Memory (MRAM) is the magnetic memory based on spintronics, which is expected to be the next-generation memory due to its advantages such as highspeed data access, nonvolatility, low power consumption, etc. which have the potential to overcome the current memory challenges.

Future Outlook

The global market size of spintronic devices, based on the manufacturer shipment value, is projected to reach 599.0 billion yen in 2025. Market formation is projected for two categories of spintronic devices, i.e., spintronic-based memories and spintronic integrated circuits in 2025, with the former accounting for 68.6% and the latter accounting for 31.4%. Spintronic devices are expected to be used in various applications such as magnetic memories, magnetic sensors, magnetic transistors, magnetic torque oscillators, etc., which are attracting attention as an important technology for large-scale information processing systems in the future.
The development of supersensitive sensors using spintronic devices is also underway for the field of IoT and smart home, which has the potential to play an important role in the realization of quantum computers.
Therefore, market formation is also expected in the categories of spintronic thermal management and quantum spintronics. The global market size of spintronic devices is expected to expand to 10,654.0 billion yen by 2045.

Research Outline